Pro-Dex, Inc. (PDEX) vs Sanara MedTech Inc. (SMTI)

Pro-Dex, Inc. and Sanara MedTech Inc. are both Medical Instruments & Supplies companies. Sanara MedTech Inc. is the larger, with a market value of $322.4M against $194.1M — 1.7× the size. Sanara MedTech Inc. has negative trailing earnings, so its P/E is not meaningful; Pro-Dex, Inc. trades at 13.8×. Pro-Dex, Inc. grew revenue faster over the last twelve months: 16.5% against 13.0%. Pro-Dex, Inc. has the higher net margin (17.6% vs −29.2%) and the higher return on invested capital (15.8% vs 13.5%). Across the 21 metrics below, Pro-Dex, Inc. leads on 19 and Sanara MedTech Inc. on 2.

Valuation

Metric PDEX SMTI Medical Instruments & Supplies median
P/E 13.77 n/m 33.75
P/S 2.42 2.61 2.52
P/B 3.95 36.18 2.48
Price to free cash flow 27.94 64.42 25.19
EV/EBITDA 13.33 27.44 14.62
EV/Sales 2.47 2.91 2.88
Earnings yield 7.26% (11.19%) (2.67%)
Free cash flow yield 3.58% 1.55% 0.09%

Profitability

Metric PDEX SMTI Medical Instruments & Supplies median
Gross margin 31.38% 93.03% 54.29%
Operating margin 16.75% 7.67% 1.07%
Net margin 17.62% (29.15%) (1.61%)
Free cash flow margin 8.72% 4.10% 1.08%
Return on equity 32.43% (147.79%) (1.32%)
Return on assets 20.14% (38.13%) 0.00%
Return on invested capital 15.75% 13.49% 0.00%

Growth

Metric PDEX SMTI Medical Instruments & Supplies median
Revenue growth (TTM) 16.45% 12.96% 8.85%
EPS growth (last fiscal year) 54.31% (282.46%) 8.65%
Revenue growth, 5-year CAGR 15.32% 45.92% 9.17%
Net income growth, 5-year CAGR 17.23% 0.00% 0.00%

Health

Metric PDEX SMTI Medical Instruments & Supplies median
Debt to equity 0.28 5.86 0.10
Current ratio 4.10 2.58 2.48
Net debt to EBITDA 0.27 2.55 0.89

Dividend

Metric PDEX SMTI Medical Instruments & Supplies median
Dividend yield — — 1.11%
Payout ratio — — 0.27

Size

Metric PDEX SMTI Medical Instruments & Supplies median
Market cap 194.06m 322.40m 619.84m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack