Sanuwave Health Inc. (SNWV) vs Sensus Healthcare, Inc. (SRTS)

Sanuwave Health Inc. and Sensus Healthcare, Inc. are both Medical Devices companies. Sensus Healthcare, Inc. is the larger, with a market value of $47.9M against $41.7M — 1.1× the size. Sensus Healthcare, Inc. has negative trailing earnings, so its P/E is not meaningful; Sanuwave Health Inc. trades at 3.0×. Sanuwave Health Inc. grew revenue faster over the last twelve months: 12.7% against −53.4%. Sanuwave Health Inc. has the higher net margin (34.7% vs −88.5%) and the higher return on invested capital (7.46% vs −38.2%). Across the 18 metrics below, Sanuwave Health Inc. leads on 14 and Sensus Healthcare, Inc. on 4.

Valuation

Metric SNWV SRTS Medical Devices median
P/E 3.04 n/m 22.18
P/S 0.98 2.76 2.70
P/B 15.55 1.31 2.46
Price to free cash flow 4.63 n/m 22.53
EV/EBITDA 15.70 n/m 11.78
EV/Sales 1.21 1.94 2.38
Earnings yield 32.94% (31.97%) (8.22%)
Free cash flow yield 21.62% (14.40%) (7.80%)

Profitability

Metric SNWV SRTS Medical Devices median
Gross margin 76.33% 36.39% 56.01%
Operating margin 3.41% (75.72%) (15.03%)
Net margin 34.66% (88.45%) (20.40%)
Free cash flow margin 21.29% (39.82%) (7.24%)
Return on equity (254.57%) (34.83%) (15.32%)
Return on assets 43.82% (30.94%) (19.72%)
Return on invested capital 7.46% (38.22%) (10.33%)

Growth

Metric SNWV SRTS Medical Devices median
Revenue growth (TTM) 12.67% (53.39%) 8.80%
EPS growth (last fiscal year) 118.50% (214.63%) —
Revenue growth, 5-year CAGR 61.12% 23.47% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SNWV SRTS Medical Devices median
Debt to equity 6.88 0.00 0.07
Current ratio 1.28 8.71 2.50
Net debt to EBITDA 1.30 2.28 0.49

Dividend

Metric SNWV SRTS Medical Devices median
Dividend yield — — 0.94%
Payout ratio — 0.00 0.00

Size

Metric SNWV SRTS Medical Devices median
Market cap 41.72m 47.90m 172.91m

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