Quanterix Corporation (QTRX) vs RxSight, Inc. (RXST)

Quanterix Corporation and RxSight, Inc. are both Medical Devices companies. RxSight, Inc. is the larger, with a market value of $196.7M against $150.4M — 1.3× the size. Quanterix Corporation grew revenue faster over the last twelve months: 22.0% against −13.3%. RxSight, Inc. has the higher net margin (−36.8% vs −80.3%) and the higher return on invested capital (−63.2% vs −66.5%). Across the 17 metrics below, RxSight, Inc. leads on 13 and Quanterix Corporation on 4.

Valuation

Metric QTRX RXST Medical Devices median
P/E n/m n/m 22.18
P/S 1.01 1.52 2.70
P/B 0.65 0.73 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m 0.24 11.78
EV/Sales 0.43 (0.11) 2.38
Earnings yield (80.43%) (24.25%) (8.22%)
Free cash flow yield (52.96%) (14.05%) (7.80%)

Profitability

Metric QTRX RXST Medical Devices median
Gross margin 44.56% 77.50% 56.01%
Operating margin (99.65%) (43.20%) (15.03%)
Net margin (80.25%) (36.80%) (20.40%)
Free cash flow margin (53.24%) (21.29%) (7.24%)
Return on equity (46.48%) (17.35%) (15.32%)
Return on assets (35.41%) (14.19%) (19.72%)
Return on invested capital (66.50%) (63.16%) (10.33%)

Growth

Metric QTRX RXST Medical Devices median
Revenue growth (TTM) 21.96% (13.25%) 8.80%
EPS growth (last fiscal year) (151.00%) (33.80%) —
Revenue growth, 5-year CAGR 9.97% 55.74% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric QTRX RXST Medical Devices median
Debt to equity 0.00 0.00 0.07
Current ratio 3.40 4.07 2.50
Net debt to EBITDA 1.16 4.27 0.49

Dividend

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

Size

Metric QTRX RXST Medical Devices median
Market cap 150.39m 196.74m 172.91m

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