OraSure Technologies, Inc. (OSUR) vs Pro-Dex, Inc. (PDEX)

OraSure Technologies, Inc. and Pro-Dex, Inc. are both Medical Instruments & Supplies companies. OraSure Technologies, Inc. is the larger, with a market value of $271.1M against $233.9M — 1.2× the size. OraSure Technologies, Inc. has negative trailing earnings, so its P/E is not meaningful; Pro-Dex, Inc. trades at 17.0×. Pro-Dex, Inc. grew revenue faster over the last twelve months: 16.5% against −18.9%. Pro-Dex, Inc. has the higher net margin (17.6% vs −43.7%) and the higher return on invested capital (15.8% vs −21.5%). Across the 19 metrics below, Pro-Dex, Inc. leads on 13 and OraSure Technologies, Inc. on 6.

Valuation

Metric OSUR PDEX Medical Instruments & Supplies median
P/E n/m 16.97 34.17
P/S 2.41 2.99 2.83
P/B 0.85 4.86 2.82
Price to free cash flow n/m 34.42 25.69
EV/EBITDA n/m 16.35 16.08
EV/Sales 0.99 3.04 3.06
Earnings yield (17.56%) 5.89% (1.84%)
Free cash flow yield (18.01%) 2.91% 0.17%

Profitability

Metric OSUR PDEX Medical Instruments & Supplies median
Gross margin 42.58% 31.38% 54.62%
Operating margin (48.06%) 16.75% 1.64%
Net margin (43.70%) 17.62% 0.00%
Free cash flow margin (43.44%) 8.72% 1.61%
Return on equity (14.07%) 32.43% 0.00%
Return on assets (12.20%) 20.14% 0.00%
Return on invested capital (21.46%) 15.75% 0.00%

Growth

Metric OSUR PDEX Medical Instruments & Supplies median
Revenue growth (TTM) (18.86%) 16.45% 9.20%
EPS growth (last fiscal year) (261.54%) 54.31% —
Revenue growth, 5-year CAGR (7.70%) 15.32% 9.48%
Net income growth, 5-year CAGR 0.00% 17.23% 0.00%

Health

Metric OSUR PDEX Medical Instruments & Supplies median
Debt to equity 0.00 0.28 0.08
Current ratio 8.88 4.10 2.49
Net debt to EBITDA 3.22 0.27 0.83

Dividend

Metric OSUR PDEX Medical Instruments & Supplies median
Dividend yield — — 0.99%
Payout ratio 0.00 0.00 0.00

Size

Metric OSUR PDEX Medical Instruments & Supplies median
Market cap 271.05m 233.91m 938.39m

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