Pulse Biosciences, Inc (PLSE) vs Stevanato Group S.p.A. (STVN)

Pulse Biosciences, Inc and Stevanato Group S.p.A. are both Medical Instruments & Supplies companies. Stevanato Group S.p.A. is the larger, with a market value of $5.8B against $3.8B — 1.5× the size. Pulse Biosciences, Inc has negative trailing earnings, so its P/E is not meaningful; Stevanato Group S.p.A. trades at 37.7×. Stevanato Group S.p.A. grew revenue faster over the last twelve months: 14.3% against −23.3%. Stevanato Group S.p.A. has the higher net margin (11.0% vs −6,755.8%) and the higher return on invested capital (6.56% vs 0.00%). Across the 18 metrics below, Stevanato Group S.p.A. leads on 15 and Pulse Biosciences, Inc on 3.

Valuation

Metric PLSE STVN Medical Instruments & Supplies median
P/E n/m 37.73 34.17
P/S 3,023.78 4.05 2.83
P/B 36.01 3.20 2.82
Price to free cash flow n/m n/m 25.69
EV/EBITDA n/m 18.11 16.08
EV/Sales 2,945.94 4.34 3.06
Earnings yield (2.28%) 2.65% (1.84%)
Free cash flow yield (1.71%) (0.60%) 0.17%

Profitability

Metric PLSE STVN Medical Instruments & Supplies median
Gross margin 0.25% 29.13% 54.62%
Operating margin (7,007.76%) 16.29% 1.64%
Net margin (6,755.78%) 10.95% 0.00%
Free cash flow margin (5,180.42%) (2.43%) 1.61%
Return on equity (78.49%) 9.21% 0.00%
Return on assets (67.90%) 5.46% 0.00%
Return on invested capital 0.00% 6.56% 0.00%

Growth

Metric PLSE STVN Medical Instruments & Supplies median
Revenue growth (TTM) (23.25%) 14.28% 9.20%
EPS growth (last fiscal year) (17.39%) 23.40% —
Revenue growth, 5-year CAGR — 12.16% 9.48%
Net income growth, 5-year CAGR 0.00% 12.02% 0.00%

Health

Metric PLSE STVN Medical Instruments & Supplies median
Debt to equity 0.00 0.29 0.08
Current ratio 9.63 1.61 2.49
Net debt to EBITDA 1.06 1.15 0.83

Dividend

Metric PLSE STVN Medical Instruments & Supplies median
Dividend yield — 0.07% 0.99%
Payout ratio 0.00 0.10 0.00

Size

Metric PLSE STVN Medical Instruments & Supplies median
Market cap 3.77b 5.84b 938.39m

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