SS Innovations International, Inc. (SSII) vs Tactile Systems Technology, Inc. (TCMD)

SS Innovations International, Inc. and Tactile Systems Technology, Inc. are both Medical Devices companies. SS Innovations International, Inc. is the larger, with a market value of $591.4M against $518.5M — 1.1× the size. SS Innovations International, Inc. has negative trailing earnings, so its P/E is not meaningful; Tactile Systems Technology, Inc. trades at 20.7×. SS Innovations International, Inc. grew revenue faster over the last twelve months: 89.7% against 17.2%. Tactile Systems Technology, Inc. has the higher net margin (7.10% vs −23.7%) and the higher return on invested capital (15.7% vs −11.3%). Across the 17 metrics below, Tactile Systems Technology, Inc. leads on 15 and SS Innovations International, Inc. on 2.

Valuation

Metric SSII TCMD Medical Devices median
P/E n/m 20.66 22.18
P/S 11.27 1.47 2.70
P/B 11.06 2.30 2.46
Price to free cash flow n/m 19.33 22.53
EV/EBITDA n/m 10.84 11.78
EV/Sales 11.12 1.29 2.38
Earnings yield (2.03%) 4.84% (8.22%)
Free cash flow yield (3.09%) 5.17% (7.80%)

Profitability

Metric SSII TCMD Medical Devices median
Gross margin 47.65% 76.78% 56.01%
Operating margin (15.80%) 10.00% (15.03%)
Net margin (23.73%) 7.10% (20.40%)
Free cash flow margin (34.76%) 7.61% (7.24%)
Return on equity (26.06%) 11.88% (15.32%)
Return on assets (14.89%) 9.00% (19.72%)
Return on invested capital (11.31%) 15.74% (10.33%)

Growth

Metric SSII TCMD Medical Devices median
Revenue growth (TTM) 89.71% 17.22% 8.80%
EPS growth (last fiscal year) 43.24% 17.14% —
Revenue growth, 5-year CAGR — 11.98% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SSII TCMD Medical Devices median
Debt to equity 0.27 0.00 0.07
Current ratio 2.24 4.12 2.50
Net debt to EBITDA (0.32) (2.76) 0.49

Dividend

Metric SSII TCMD Medical Devices median
Dividend yield — — 0.94%
Payout ratio — 0.00 0.00

Size

Metric SSII TCMD Medical Devices median
Market cap 591.41m 518.51m 172.91m

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