Envista Holdings Corporation (NVST) vs Stevanato Group S.p.A. (STVN)

Envista Holdings Corporation and Stevanato Group S.p.A. are both Medical Instruments & Supplies companies. Stevanato Group S.p.A. is the larger, with a market value of $5.3B against $3.8B — 1.4× the size. Stevanato Group S.p.A. trades at the lower P/E: 33.8× against 38.8×. Stevanato Group S.p.A. grew revenue faster over the last twelve months: 14.3% against 11.9%. Stevanato Group S.p.A. has the higher net margin (11.0% vs 3.33%) and the higher return on invested capital (6.56% vs 5.05%). Across the 21 metrics below, Stevanato Group S.p.A. leads on 11 and Envista Holdings Corporation on 10.

Valuation

Metric NVST STVN Medical Instruments & Supplies median
P/E 38.81 33.75 33.75
P/S 1.30 3.62 2.52
P/B 1.21 2.86 2.48
Price to free cash flow 14.89 n/m 25.19
EV/EBITDA 9.64 16.32 14.62
EV/Sales 1.45 3.91 2.88
Earnings yield 2.58% 2.96% (2.67%)
Free cash flow yield 6.72% (0.67%) 0.09%

Profitability

Metric NVST STVN Medical Instruments & Supplies median
Gross margin 55.24% 29.13% 54.29%
Operating margin 9.58% 16.29% 1.07%
Net margin 3.33% 10.95% (1.61%)
Free cash flow margin 8.72% (2.43%) 1.08%
Return on equity 3.06% 9.21% (1.32%)
Return on assets 1.69% 5.46% 0.00%
Return on invested capital 5.05% 6.56% 0.00%

Growth

Metric NVST STVN Medical Instruments & Supplies median
Revenue growth (TTM) 11.89% 14.28% 8.85%
EPS growth (last fiscal year) 104.31% 23.40% 8.65%
Revenue growth, 5-year CAGR 7.11% 12.16% 9.17%
Net income growth, 5-year CAGR 7.13% 12.02% 0.00%

Health

Metric NVST STVN Medical Instruments & Supplies median
Debt to equity 0.47 0.29 0.10
Current ratio 2.43 1.61 2.48
Net debt to EBITDA 0.64 1.15 0.89

Dividend

Metric NVST STVN Medical Instruments & Supplies median
Dividend yield — 0.33% 1.11%
Payout ratio — 0.11 0.27

Size

Metric NVST STVN Medical Instruments & Supplies median
Market cap 3.77b 5.26b 619.84m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack