Medical - Devices
Compare Stocks
3 / 10Stock Comparison
AXGN vs TELA vs NVCR
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Devices
Medical - Instruments & Supplies
AXGN vs TELA vs NVCR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | Medical - Devices | Medical - Devices | Medical - Instruments & Supplies |
| Market Cap | $2.24B | $44M | $1.92B |
| Revenue (TTM) | $238M | $77M | $674M |
| Net Income (TTM) | $-31M | $-39M | $-173M |
| Gross Margin | 75.0% | 67.2% | 75.2% |
| Operating Margin | -3.8% | -46.0% | -27.2% |
| Forward P/E | 89.3x | — | — |
| Total Debt | $19M | $43M | $290M |
| Cash & Equiv. | $36M | $53M | $103M |
AXGN vs TELA vs NVCR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| AxoGen, Inc. (AXGN) | 100 | 447.5 | +347.5% |
| TELA Bio, Inc. (TELA) | 100 | 8.0 | -92.0% |
| NovoCure Limited (NVCR) | 100 | 25.0 | -75.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AXGN vs TELA vs NVCR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AXGN carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.
- 6.5% 10Y total return vs NVCR's 30.3%
- Lower volatility, beta 0.90, Low D/E 14.9%, current ratio 5.11x
- 20.2% revenue growth vs NVCR's 8.3%
TELA is the clearest fit if your priority is income & stability and growth exposure.
- beta 0.57
- Rev growth 18.6%, EPS growth 34.8%, 3Y rev CAGR 33.0%
- Beta 0.57, current ratio 5.01x
NVCR plays a supporting role in this comparison — it may shine differently against other peers.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 20.2% revenue growth vs NVCR's 8.3% | |
| Quality / Margins | -13.2% margin vs TELA's -50.6% | |
| Stability / Safety | Beta 0.57 vs NVCR's 2.20 | |
| Dividends | Tie | None of these 3 stocks pay a meaningful dividend |
| Momentum (1Y) | +164.9% vs NVCR's +1.1% | |
| Efficiency (ROA) | -13.5% ROA vs TELA's -53.1%, ROIC -4.6% vs -151.6% |
AXGN vs TELA vs NVCR — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
AXGN leads in 3 of 6 categories
TELA leads 1 • NVCR leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
AXGN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NVCR is the larger business by revenue, generating $674M annually — 8.8x TELA's $77M. AXGN is the more profitable business, keeping -13.2% of every revenue dollar as net income compared to TELA's -50.6%. On growth, AXGN holds the edge at +26.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $238M | $77M | $674M |
| EBITDAEarnings before interest/tax | -$3M | -$34M | -$165M |
| Net IncomeAfter-tax profit | -$31M | -$39M | -$173M |
| Free Cash FlowCash after capex | $9M | -$32M | -$48M |
| Gross MarginGross profit ÷ Revenue | +75.0% | +67.2% | +75.2% |
| Operating MarginEBIT ÷ Revenue | -3.8% | -46.0% | -27.2% |
| Net MarginNet income ÷ Revenue | -13.2% | -50.6% | -25.7% |
| FCF MarginFCF ÷ Revenue | +3.8% | -40.9% | -7.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +26.6% | +9.1% | +12.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -3.5% | +54.8% | -100.0% |
Valuation Metrics
TELA leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $2.2B | $44M | $1.9B |
| Enterprise ValueMkt cap + debt − cash | $2.2B | $35M | $2.1B |
| Trailing P/EPrice ÷ TTM EPS | -127.68x | -0.83x | -13.80x |
| Forward P/EPrice ÷ next-FY EPS est. | 89.27x | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — |
| EV / EBITDAEnterprise value multiple | 6463.03x | — | — |
| Price / SalesMarket cap ÷ Revenue | 9.94x | 0.64x | 2.92x |
| Price / BookPrice ÷ Book value/share | 15.51x | 1.10x | 5.51x |
| Price / FCFMarket cap ÷ FCF | — | — | — |
Profitability & Efficiency
AXGN leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
AXGN delivers a -20.7% return on equity — every $100 of shareholder capital generates $-21 in annual profit, vs $-3 for TELA. AXGN carries lower financial leverage with a 0.15x debt-to-equity ratio, signaling a more conservative balance sheet compared to TELA's 1.51x. On the Piotroski fundamental quality scale (0–9), AXGN scores 5/9 vs TELA's 4/9, reflecting solid financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | -20.7% | -2.7% | -50.8% |
| ROA (TTM)Return on assets | -13.5% | -53.1% | -16.5% |
| ROICReturn on invested capital | -4.6% | -151.6% | -16.4% |
| ROCEReturn on capital employed | -4.2% | -51.4% | -28.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.15x | 1.51x | 0.85x |
| Net DebtTotal debt minus cash | -$16M | -$10M | $187M |
| Cash & Equiv.Liquid assets | $36M | $53M | $103M |
| Total DebtShort + long-term debt | $19M | $43M | $290M |
| Interest CoverageEBIT ÷ Interest expense | -0.05x | -6.99x | -96.80x |
Total Returns (Dividends Reinvested)
AXGN leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AXGN five years ago would be worth $18,472 today (with dividends reinvested), compared to $853 for TELA. Over the past 12 months, AXGN leads with a +164.9% total return vs NVCR's +1.1%. The 3-year compound annual growth rate (CAGR) favors AXGN at 65.0% vs TELA's -51.9% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +40.0% | -3.5% | +28.3% |
| 1-Year ReturnPast 12 months | +164.9% | +15.8% | +1.1% |
| 3-Year ReturnCumulative with dividends | +349.4% | -88.9% | -75.7% |
| 5-Year ReturnCumulative with dividends | +84.7% | -91.5% | -91.3% |
| 10-Year ReturnCumulative with dividends | +647.2% | -91.8% | +30.3% |
| CAGR (3Y)Annualised 3-year return | +65.0% | -51.9% | -37.6% |
Risk & Volatility
Evenly matched — AXGN and TELA each lead in 1 of 2 comparable metrics.
Risk & Volatility
TELA is the less volatile stock with a 0.57 beta — it tends to amplify market swings less than NVCR's 2.20 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AXGN currently trades 94.9% from its 52-week high vs TELA's 50.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.90x | 0.57x | 2.20x |
| 52-Week HighHighest price in past year | $45.75 | $2.20 | $20.06 |
| 52-Week LowLowest price in past year | $9.22 | $0.50 | $9.82 |
| % of 52W HighCurrent price vs 52-week peak | +94.9% | +50.0% | +83.9% |
| RSI (14)Momentum oscillator 0–100 | 70.4 | 62.7 | 69.8 |
| Avg Volume (50D)Average daily shares traded | 968K | 188K | 1.5M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: AXGN as "Buy", NVCR as "Buy". Consensus price targets imply 99.0% upside for NVCR (target: $34) vs 0.0% for AXGN (target: $43).
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | — | Buy |
| Price TargetConsensus 12-month target | $43.43 | — | $33.50 |
| # AnalystsCovering analysts | 19 | — | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — | — |
| Dividend StreakConsecutive years of raises | 2 | — | — |
| Dividend / ShareAnnual DPS | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% |
AXGN leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). TELA leads in 1 (Valuation Metrics). 1 tied.
AXGN vs TELA vs NVCR: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is AXGN or TELA or NVCR a better buy right now?
For growth investors, AxoGen, Inc.
(AXGN) is the stronger pick with 20. 2% revenue growth year-over-year, versus 8. 3% for NovoCure Limited (NVCR). Analysts rate AxoGen, Inc. (AXGN) a "Buy" — based on 19 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — AXGN or TELA or NVCR?
Over the past 5 years, AxoGen, Inc.
(AXGN) delivered a total return of +84. 7%, compared to -91. 5% for TELA Bio, Inc. (TELA). Over 10 years, the gap is even starker: AXGN returned +647. 2% versus TELA's -91. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — AXGN or TELA or NVCR?
By beta (market sensitivity over 5 years), TELA Bio, Inc.
(TELA) is the lower-risk stock at 0. 57β versus NovoCure Limited's 2. 20β — meaning NVCR is approximately 287% more volatile than TELA relative to the S&P 500. On balance sheet safety, AxoGen, Inc. (AXGN) carries a lower debt/equity ratio of 15% versus 151% for TELA Bio, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — AXGN or TELA or NVCR?
By revenue growth (latest reported year), AxoGen, Inc.
(AXGN) is pulling ahead at 20. 2% versus 8. 3% for NovoCure Limited (NVCR). On earnings-per-share growth, the picture is similar: TELA Bio, Inc. grew EPS 34. 8% year-over-year, compared to -47. 8% for AxoGen, Inc.. Over a 3-year CAGR, TELA leads at 33. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — AXGN or TELA or NVCR?
AxoGen, Inc.
(AXGN) is the more profitable company, earning -7. 0% net margin versus -54. 6% for TELA Bio, Inc. — meaning it keeps -7. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AXGN leads at -3. 5% versus -49. 2% for TELA. At the gross margin level — before operating expenses — NVCR leads at 74. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is AXGN or TELA or NVCR more undervalued right now?
Analyst consensus price targets imply the most upside for NVCR: 99.
0% to $33. 50.
07Which pays a better dividend — AXGN or TELA or NVCR?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is AXGN or TELA or NVCR better for a retirement portfolio?
For long-horizon retirement investors, AxoGen, Inc.
(AXGN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 90), +647. 2% 10Y return). NovoCure Limited (NVCR) carries a higher beta of 2. 20 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (AXGN: +647. 2%, NVCR: +30. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between AXGN and TELA and NVCR?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: AXGN is a small-cap high-growth stock; TELA is a small-cap high-growth stock; NVCR is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.