StockData

Conmed vs TransMedics

CNMD and TMDX side by side, both in surgical, medical, and dental instruments and supplies. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.

How CNMD and TMDX compare

TransMedics is the larger company, worth 2.1 times as much as Conmed ($3.2B against $1.5B).

On earnings, Conmed is cheaper: it trades at 20.9× trailing earnings, against 25.0× for TransMedics.

TransMedics grew revenue faster over the last twelve months (28.5% versus 1.6% for Conmed).

TransMedics keeps more of each dollar of sales as profit, with a net margin of 19.9% compared with 5.4% at Conmed.

TransMedics scores higher on the StockData Score (15 against 14 for Conmed), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.

Key numbers

A dot marks the better figure where higher or lower is clearly better.

MetricCNMDTMDX
Size and price
Market cap$1.5B$3.2B
Share price$50.59$91.38
Change, 1 year16.1%−23.3%
Change, 5 years−64.4%301%
Beta (5Y)0.941.34
Employees3,900898
StockData Score
Total score1415 (better)
Valuation score6 (better)5
Growth score22
Performance score44
Health score24 (better)
Dividend score00
Valuation
P/E20.9× (better)25.0×
P/S1.1× (better)4.4×
P/B1.4× (better)5.8×
EV/EBITDA16.8× (better)21.5×
P/FCF11.4× (better)70.9×
FCF yield8.8% (better)1.4%
Fair value$65.95$129.52
Margin of safety23.3%29.4% (better)
Growth
Revenue growth (TTM)1.6%28.5% (better)
Revenue growth, 5Y average9.8%88.2% (better)
Net income growth (TTM)14.6%57.4% (better)
EPS growth (TTM)18.0%47.8% (better)
EPS growth, 5Y average36.4%–
Profitability
Gross margin57.6%58.6% (better)
Operating margin9.9%11.9% (better)
Net margin5.4%19.9% (better)
FCF margin9.7% (better)6.1%
Return on equity7.1%31.9% (better)
Return on invested capital5.2%2622% (better)
Financial health
Debt / equity0.770.10 (better)
Net debt / EBITDA5.66 (better)−3.45
Interest coverage4.1× (better)3.5×
Current ratio1.494.53 (better)
Altman Z-score2.022.84 (better)
Piotroski F-score66
Dividends and buybacks
Dividend yield0.00%0.00%
Payout ratio8.4%–
Years of dividend growth00
Dividend growth, 5Y average−5.6%–
Shareholder yield0.00%0.00%
Ownership
Held by institutions114%100%
Held by insiders0.47%3.9%
Insider net buying, 12 months$0 (better)−$4.2M
Short interest, % of float6.3%26.6%

Go deeper

For information only, not investment advice. Check the source filings before relying on any figure.