QuidelOrtho Corporation (QDEL) vs SiBone (SIBN)

QuidelOrtho Corporation and SiBone are both Medical Devices companies. SiBone is the larger, with a market value of $830.0M against $733.1M — 1.1× the size. SiBone grew revenue faster over the last twelve months: 15.3% against −2.46%. SiBone has the higher net margin (−6.85% vs −39.2%) and the lower return on invested capital (−15.4% vs −11.4%). Across the 18 metrics below, SiBone leads on 13 and QuidelOrtho Corporation on 5.

Valuation

Metric QDEL SIBN Medical Devices median
P/E n/m n/m 22.18
P/S 0.28 3.87 2.70
P/B 0.42 4.53 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA 10.44 n/m 11.78
EV/Sales 1.31 3.36 2.38
Earnings yield (141.90%) (1.83%) (8.22%)
Free cash flow yield (28.53%) (0.53%) (7.80%)

Profitability

Metric QDEL SIBN Medical Devices median
Gross margin 44.60% 79.53% 56.01%
Operating margin (30.84%) (8.31%) (15.03%)
Net margin (39.20%) (6.85%) (20.40%)
Free cash flow margin (7.90%) (2.05%) (7.24%)
Return on equity (45.91%) (8.30%) (15.32%)
Return on assets (17.34%) (6.10%) (19.72%)
Return on invested capital (11.35%) (15.40%) (10.33%)

Growth

Metric QDEL SIBN Medical Devices median
Revenue growth (TTM) (2.46%) 15.30% 8.80%
EPS growth (last fiscal year) 44.66% 41.33% —
Revenue growth, 5-year CAGR 10.44% 22.32% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric QDEL SIBN Medical Devices median
Debt to equity 1.63 0.20 0.07
Current ratio 1.39 9.15 2.50
Net debt to EBITDA 11.10 5.76 0.49

Dividend

Metric QDEL SIBN Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric QDEL SIBN Medical Devices median
Market cap 733.07m 830.04m 172.91m

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