Profound Medical (PROF) vs Treace Medical Concepts, Inc. (TMCI)

Profound Medical and Treace Medical Concepts, Inc. are both Medical Devices companies. Treace Medical Concepts, Inc. is the larger, with a market value of $267.9M against $230.5M — 1.2× the size. Profound Medical grew revenue faster over the last twelve months: 61.2% against −3.95%. Treace Medical Concepts, Inc. has the higher net margin (−29.0% vs −171.6%) and the higher return on invested capital (−43.0% vs −137.8%). Across the 18 metrics below, Treace Medical Concepts, Inc. leads on 14 and Profound Medical on 4.

Valuation

Metric PROF TMCI Medical Devices median
P/E n/m n/m 23.22
P/S 11.45 1.23 2.34
P/B 4.39 3.72 2.33
Price to free cash flow n/m n/m 23.72
EV/EBITDA n/m n/m 11.54
EV/Sales 9.91 1.29 2.24
Earnings yield (16.31%) (24.03%) (10.09%)
Free cash flow yield (16.82%) (9.95%) (8.47%)

Profitability

Metric PROF TMCI Medical Devices median
Gross margin 71.79% 79.45% 56.01%
Operating margin (185.31%) (26.17%) (15.03%)
Net margin (171.56%) (28.99%) (20.40%)
Free cash flow margin (189.15%) (12.20%) (7.24%)
Return on equity (73.53%) (71.99%) (15.32%)
Return on assets (58.44%) (30.72%) (19.72%)
Return on invested capital (137.78%) (42.96%) (10.33%)

Growth

Metric PROF TMCI Medical Devices median
Revenue growth (TTM) 61.20% (3.95%) 8.80%
EPS growth (last fiscal year) (25.89%) (3.33%) 29.03%
Revenue growth, 5-year CAGR 17.12% 29.96% 15.47%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PROF TMCI Medical Devices median
Debt to equity 0.09 0.83 0.07
Current ratio 6.46 2.90 2.50
Net debt to EBITDA 1.36 (0.17) 0.49

Dividend

Metric PROF TMCI Medical Devices median
Dividend yield — — 1.16%
Payout ratio — — 0.36

Size

Metric PROF TMCI Medical Devices median
Market cap 230.50m 267.94m 167.06m

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