Owlet, Inc. (OWLT) vs Quanterix Corporation (QTRX)

Owlet, Inc. and Quanterix Corporation are both Medical Devices companies. Owlet, Inc. and Quanterix Corporation are of similar size ($150.4M and $148.2M). Owlet, Inc. grew revenue faster over the last twelve months: 28.0% against 22.0%. Owlet, Inc. has the higher net margin (−10.7% vs −80.3%) and the higher return on invested capital (−27.6% vs −66.5%). Across the 18 metrics below, Owlet, Inc. leads on 11 and Quanterix Corporation on 7.

Valuation

Metric OWLT QTRX Medical Devices median
P/E n/m n/m 22.18
P/S 1.25 1.01 2.70
P/B 6.21 0.65 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 0.43 2.38
Earnings yield (8.33%) (80.43%) (8.22%)
Free cash flow yield (6.86%) (52.96%) (7.80%)

Profitability

Metric OWLT QTRX Medical Devices median
Gross margin 54.75% 44.56% 56.01%
Operating margin (6.67%) (99.65%) (15.03%)
Net margin (10.67%) (80.25%) (20.40%)
Free cash flow margin (8.59%) (53.24%) (7.24%)
Return on equity 68.03% (46.48%) (15.32%)
Return on assets (15.60%) (35.41%) (19.72%)
Return on invested capital (27.60%) (66.50%) (10.33%)

Growth

Metric OWLT QTRX Medical Devices median
Revenue growth (TTM) 27.95% 21.96% 8.80%
EPS growth (last fiscal year) (47.13%) (151.00%) —
Revenue growth, 5-year CAGR 6.99% 9.97% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OWLT QTRX Medical Devices median
Debt to equity 0.46 0.00 0.07
Current ratio 1.64 3.40 2.50
Net debt to EBITDA 5.12 1.16 0.49

Dividend

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

Size

Metric OWLT QTRX Medical Devices median
Market cap 148.15m 150.39m 172.91m

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