Outset Medical, Inc. (OM) vs Xtant Medical Holdings, Inc. (XTNT)

Outset Medical, Inc. and Xtant Medical Holdings, Inc. are both Medical Devices companies. Outset Medical, Inc. is the larger, with a market value of $58.8M against $52.9M — 1.1× the size. Outset Medical, Inc. grew revenue faster over the last twelve months: −1.26% against −14.3%. Xtant Medical Holdings, Inc. has the higher net margin (−10.2% vs −63.1%) and the higher return on invested capital (−12.4% vs −86.1%). Across the 18 metrics below, Xtant Medical Holdings, Inc. leads on 13 and Outset Medical, Inc. on 5.

Valuation

Metric OM XTNT Medical Devices median
P/E n/m n/m 22.18
P/S 0.48 0.49 2.70
P/B 0.59 1.33 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 0.60 2.38
Earnings yield (134.10%) (20.95%) (8.22%)
Free cash flow yield (68.46%) (0.86%) (7.80%)

Profitability

Metric OM XTNT Medical Devices median
Gross margin 41.76% 59.39% 56.01%
Operating margin (56.06%) (9.58%) (15.03%)
Net margin (63.06%) (10.17%) (20.40%)
Free cash flow margin (33.00%) (0.42%) (7.24%)
Return on equity (60.09%) (25.16%) (15.32%)
Return on assets (27.97%) (12.16%) (19.72%)
Return on invested capital (86.10%) (12.43%) (10.33%)

Growth

Metric OM XTNT Medical Devices median
Revenue growth (TTM) (1.26%) (14.28%) 8.80%
EPS growth (last fiscal year) 85.44% 125.00% —
Revenue growth, 5-year CAGR 19.06% 20.22% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OM XTNT Medical Devices median
Debt to equity 1.03 0.57 0.07
Current ratio 5.19 2.16 2.50
Net debt to EBITDA 1.13 0.65 0.49

Dividend

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

Size

Metric OM XTNT Medical Devices median
Market cap 58.77m 52.87m 172.91m

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