Myomo, Inc. (MYO) vs TELA Bio, Inc. (TELA)

Myomo, Inc. and TELA Bio, Inc. are both Medical Devices companies. Myomo, Inc. is the larger, with a market value of $64.6M against $57.3M — 1.1× the size. Myomo, Inc. grew revenue faster over the last twelve months: 6.14% against 6.09%. Myomo, Inc. has the higher net margin (−33.5% vs −51.5%) and the higher return on invested capital (−167.9% vs −217.1%). Across the 17 metrics below, Myomo, Inc. leads on 10 and TELA Bio, Inc. on 7.

Valuation

Metric MYO TELA Medical Devices median
P/E n/m n/m 22.18
P/S 1.59 0.91 2.70
P/B 11.79 n/m 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 1.55 1.27 2.38
Earnings yield (21.12%) (61.11%) (8.22%)
Free cash flow yield (13.22%) (47.86%) (7.80%)

Profitability

Metric MYO TELA Medical Devices median
Gross margin 68.35% 68.29% 56.01%
Operating margin (27.05%) (42.56%) (15.03%)
Net margin (33.53%) (51.53%) (20.40%)
Free cash flow margin (21.01%) (39.57%) (7.24%)
Return on equity (123.76%) 1,232.54% (15.32%)
Return on assets (39.20%) (64.71%) (19.72%)
Return on invested capital (167.90%) (217.11%) (10.33%)

Growth

Metric MYO TELA Medical Devices median
Revenue growth (TTM) 6.14% 6.09% 8.80%
EPS growth (last fiscal year) (131.25%) 37.59% —
Revenue growth, 5-year CAGR 40.10% 34.54% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MYO TELA Medical Devices median
Debt to equity 2.06 (3.53) 0.07
Current ratio 2.31 2.99 2.50
Net debt to EBITDA 0.60 (0.15) 0.49

Dividend

Metric MYO TELA Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric MYO TELA Medical Devices median
Market cap 64.57m 57.33m 172.91m

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