Owlet, Inc. (OWLT) vs Profound Medical (PROF)

Owlet, Inc. and Profound Medical are both Medical Devices companies. Profound Medical is the larger, with a market value of $204.6M against $148.2M — 1.4× the size. Profound Medical grew revenue faster over the last twelve months: 61.2% against 28.0%. Owlet, Inc. has the higher net margin (−10.7% vs −171.6%) and the higher return on invested capital (−27.6% vs −137.8%). Across the 18 metrics below, Owlet, Inc. leads on 10 and Profound Medical on 8.

Valuation

Metric OWLT PROF Medical Devices median
P/E n/m n/m 22.18
P/S 1.25 10.97 2.70
P/B 6.21 4.20 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 1.10 9.44 2.38
Earnings yield (8.33%) (17.01%) (8.22%)
Free cash flow yield (6.86%) (17.55%) (7.80%)

Profitability

Metric OWLT PROF Medical Devices median
Gross margin 54.75% 71.79% 56.01%
Operating margin (6.67%) (185.31%) (15.03%)
Net margin (10.67%) (171.56%) (20.40%)
Free cash flow margin (8.59%) (189.15%) (7.24%)
Return on equity 68.03% (73.53%) (15.32%)
Return on assets (15.60%) (58.44%) (19.72%)
Return on invested capital (27.60%) (137.78%) (10.33%)

Growth

Metric OWLT PROF Medical Devices median
Revenue growth (TTM) 27.95% 61.20% 8.80%
EPS growth (last fiscal year) (47.13%) (25.89%) —
Revenue growth, 5-year CAGR 6.99% 17.12% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OWLT PROF Medical Devices median
Debt to equity 0.46 0.09 0.07
Current ratio 1.64 6.46 2.50
Net debt to EBITDA 5.12 1.36 0.49

Dividend

Metric OWLT PROF Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric OWLT PROF Medical Devices median
Market cap 148.15m 204.57m 172.91m

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