Avita Medical Inc. (RCEL) vs Neuronetics, Inc. (STIM)

Avita Medical Inc. and Neuronetics, Inc. are both Medical Devices companies. Avita Medical Inc. is the larger, with a market value of $289.1M against $214.9M — 1.3× the size. Neuronetics, Inc. grew revenue faster over the last twelve months: 39.6% against 1.00%. Neuronetics, Inc. has the higher net margin (−19.6% vs −57.0%) and the higher return on invested capital (−24.6% vs −306.2%). Across the 17 metrics below, Neuronetics, Inc. leads on 12 and Avita Medical Inc. on 5.

Valuation

Metric RCEL STIM Medical Devices median
P/E n/m n/m 22.18
P/S 0.24 1.29 2.70
P/B n/m 9.26 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m n/m 11.78
EV/Sales 1.26 1.61 2.38
Earnings yield (242.47%) (16.06%) (8.22%)
Free cash flow yield (139.60%) (5.60%) (7.80%)

Profitability

Metric RCEL STIM Medical Devices median
Gross margin 81.56% 49.12% 56.01%
Operating margin (49.79%) (14.74%) (15.03%)
Net margin (56.96%) (19.62%) (20.40%)
Free cash flow margin (33.38%) (7.24%) (7.24%)
Return on equity 211.55% (114.52%) (15.32%)
Return on assets (81.36%) (22.87%) (19.72%)
Return on invested capital (306.20%) (24.64%) (10.33%)

Growth

Metric RCEL STIM Medical Devices median
Revenue growth (TTM) 1.00% 39.59% 8.80%
EPS growth (last fiscal year) 27.02% 56.93% —
Revenue growth, 5-year CAGR 19.63% 24.81% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric RCEL STIM Medical Devices median
Debt to equity (1.68) 2.84 0.07
Current ratio 0.41 1.88 2.50
Net debt to EBITDA (0.60) (1.12) 0.49

Dividend

Metric RCEL STIM Medical Devices median
Dividend yield — — 0.94%
Payout ratio 0.00 0.00 0.00

Size

Metric RCEL STIM Medical Devices median
Market cap 289.14m 214.88m 172.91m

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