Outset Medical, Inc. (OM) vs TELA Bio, Inc. (TELA)

Outset Medical, Inc. and TELA Bio, Inc. are both Medical Devices companies. Outset Medical, Inc. and TELA Bio, Inc. are of similar size ($58.8M and $57.3M). TELA Bio, Inc. grew revenue faster over the last twelve months: 6.09% against −1.26%. TELA Bio, Inc. has the higher net margin (−51.5% vs −63.1%) and the lower return on invested capital (−217.1% vs −86.1%). Across the 17 metrics below, TELA Bio, Inc. leads on 10 and Outset Medical, Inc. on 7.

Valuation

Metric OM TELA Medical Devices median
P/E n/m n/m 22.18
P/S 0.48 0.91 2.70
P/B 0.59 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 0.08 1.27 2.38
Earnings yield (134.10%) (61.11%) (8.22%)
Free cash flow yield (68.46%) (47.86%) (7.80%)

Profitability

Metric OM TELA Medical Devices median
Gross margin 41.76% 68.29% 56.01%
Operating margin (56.06%) (42.56%) (15.03%)
Net margin (63.06%) (51.53%) (20.40%)
Free cash flow margin (33.00%) (39.57%) (7.24%)
Return on equity (60.09%) 1,232.54% (15.32%)
Return on assets (27.97%) (64.71%) (19.72%)
Return on invested capital (86.10%) (217.11%) (10.33%)

Growth

Metric OM TELA Medical Devices median
Revenue growth (TTM) (1.26%) 6.09% 8.80%
EPS growth (last fiscal year) 85.44% 37.59% —
Revenue growth, 5-year CAGR 19.06% 34.54% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OM TELA Medical Devices median
Debt to equity 1.03 (3.53) 0.07
Current ratio 5.19 2.99 2.50
Net debt to EBITDA 1.13 (0.15) 0.49

Dividend

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

Size

Metric OM TELA Medical Devices median
Market cap 58.77m 57.33m 172.91m

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