Owlet, Inc. (OWLT) vs Quantum-Si Incorporated (QSI)

Owlet, Inc. and Quantum-Si Incorporated are both Medical Devices companies. Quantum-Si Incorporated is the larger, with a market value of $172.9M against $148.2M — 1.2× the size. Owlet, Inc. grew revenue faster over the last twelve months: 28.0% against −53.0%. Owlet, Inc. has the higher net margin (−10.7% vs −6,138.3%) and the higher return on invested capital (−27.6% vs −100.9%). Across the 17 metrics below, Owlet, Inc. leads on 12 and Quantum-Si Incorporated on 5.

Valuation

Metric OWLT QSI Medical Devices median
P/E n/m n/m 22.18
P/S 1.25 112.63 2.70
P/B 6.21 1.00 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 43.01 2.38
Earnings yield (8.33%) (55.42%) (8.22%)
Free cash flow yield (6.86%) (51.83%) (7.80%)

Profitability

Metric OWLT QSI Medical Devices median
Gross margin 54.75% 35.02% 56.01%
Operating margin (6.67%) (6,887.79%) (15.03%)
Net margin (10.67%) (6,138.26%) (20.40%)
Free cash flow margin (8.59%) (5,837.26%) (7.24%)
Return on equity 68.03% (49.11%) (15.32%)
Return on assets (15.60%) (43.98%) (19.72%)
Return on invested capital (27.60%) (100.92%) (10.33%)

Growth

Metric OWLT QSI Medical Devices median
Revenue growth (TTM) 27.95% (52.96%) 8.80%
EPS growth (last fiscal year) (47.13%) 28.17% —
Revenue growth, 5-year CAGR 6.99% — 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OWLT QSI Medical Devices median
Debt to equity 0.46 0.00 0.07
Current ratio 1.64 9.97 2.50
Net debt to EBITDA 5.12 1.36 0.49

Dividend

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

Size

Metric OWLT QSI Medical Devices median
Market cap 148.15m 172.91m 172.91m

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