Medical - Devices
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4 / 10Stock Comparison
AORT vs MASI vs NVCR vs MDT
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
Medical - Instruments & Supplies
Medical - Devices
AORT vs MASI vs NVCR vs MDT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Instruments & Supplies | Medical - Instruments & Supplies | Medical - Devices |
| Market Cap | $1.23B | $9.34B | $2.04B | $97.62B |
| Revenue (TTM) | $459M | $1.56B | $674M | $35.48B |
| Net Income (TTM) | $12M | $76M | $-173M | $4.61B |
| Gross Margin | 63.8% | 61.7% | 75.2% | 61.9% |
| Operating Margin | 7.4% | 19.9% | -27.2% | 17.9% |
| Forward P/E | 75.3x | 32.4x | — | 13.8x |
| Total Debt | $292M | $559M | $290M | $28.52B |
| Cash & Equiv. | $65M | $152M | $103M | $2.22B |
AORT vs MASI vs NVCR vs MDT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Artivion, Inc. (AORT) | 100 | 111.8 | +11.8% |
| Masimo Corporation (MASI) | 100 | 74.2 | -25.8% |
| NovoCure Limited (NVCR) | 100 | 26.5 | -73.5% |
| Medtronic plc (MDT) | 100 | 77.2 | -22.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AORT vs MASI vs NVCR vs MDT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AORT is the #2 pick in this set and the best alternative if growth exposure and sleep-well-at-night is your priority.
- Rev growth 13.6%, EPS growth 165.6%, 3Y rev CAGR 12.0%
- Lower volatility, beta 0.57, Low D/E 65.2%, current ratio 2.99x
- Beta 0.57, current ratio 2.99x
- 13.6% revenue growth vs MASI's -27.1%
MASI is the clearest fit if your priority is long-term compounding.
- 282.5% 10Y total return vs AORT's 107.4%
- +16.1% vs AORT's -10.9%
NVCR lags the leaders in this set but could rank higher in a more targeted comparison.
MDT carries the broadest edge in this set and is the clearest fit for income & stability.
- Dividend streak 36 yrs, beta 0.42, yield 3.7%
- Better valuation composite
- 13.0% margin vs NVCR's -25.7%
- Beta 0.42 vs NVCR's 2.15, lower leverage
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.6% revenue growth vs MASI's -27.1% | |
| Value | Better valuation composite | |
| Quality / Margins | 13.0% margin vs NVCR's -25.7% | |
| Stability / Safety | Beta 0.42 vs NVCR's 2.15, lower leverage | |
| Dividends | 3.7% yield; 36-year raise streak; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +16.1% vs AORT's -10.9% | |
| Efficiency (ROA) | 175.8% ROA vs NVCR's -16.5%, ROIC 6.0% vs -16.4% |
AORT vs MASI vs NVCR vs MDT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
AORT vs MASI vs NVCR vs MDT — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
MDT leads in 2 of 6 categories
AORT leads 0 • MASI leads 0 • NVCR leads 0 • 4 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — AORT and MDT each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MDT is the larger business by revenue, generating $35.5B annually — 77.4x AORT's $459M. MDT is the more profitable business, keeping 13.0% of every revenue dollar as net income compared to NVCR's -25.7%. On growth, AORT holds the edge at +17.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $459M | $1.6B | $674M | $35.5B |
| EBITDAEarnings before interest/tax | $51M | $340M | -$165M | $9.4B |
| Net IncomeAfter-tax profit | $12M | $76M | -$173M | $4.6B |
| Free Cash FlowCash after capex | $13M | $211M | -$48M | $5.4B |
| Gross MarginGross profit ÷ Revenue | +63.8% | +61.7% | +75.2% | +61.9% |
| Operating MarginEBIT ÷ Revenue | +7.4% | +19.9% | -27.2% | +17.9% |
| Net MarginNet income ÷ Revenue | +2.5% | +4.9% | -25.7% | +13.0% |
| FCF MarginFCF ÷ Revenue | +2.8% | +13.6% | -7.1% | +15.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +17.5% | +8.5% | +12.3% | +8.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +3.5% | +134.4% | -100.0% | -11.9% |
Valuation Metrics
MDT leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 21.1x trailing earnings, MDT trades at a 83% valuation discount to AORT's 121.0x P/E. On an enterprise value basis, MDT's 14.1x EV/EBITDA is more attractive than AORT's 29.7x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $1.2B | $9.3B | $2.0B | $97.6B |
| Enterprise ValueMkt cap + debt − cash | $1.5B | $9.7B | $2.2B | $123.9B |
| Trailing P/EPrice ÷ TTM EPS | 121.00x | -63.68x | -14.66x | 21.09x |
| Forward P/EPrice ÷ next-FY EPS est. | 75.29x | 32.43x | — | 13.80x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 35.17x |
| EV / EBITDAEnterprise value multiple | 29.66x | 27.71x | — | 14.06x |
| Price / SalesMarket cap ÷ Revenue | 2.79x | 6.12x | 3.11x | 2.91x |
| Price / BookPrice ÷ Book value/share | 2.67x | 13.40x | 5.86x | 2.04x |
| Price / FCFMarket cap ÷ FCF | — | 47.21x | — | 18.83x |
Profitability & Efficiency
Evenly matched — MASI and MDT each lead in 4 of 9 comparable metrics.
Profitability & Efficiency
MDT delivers a 9.4% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $-51 for NVCR. MDT carries lower financial leverage with a 0.59x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), AORT scores 6/9 vs NVCR's 5/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +2.7% | +9.1% | -50.8% | +9.4% |
| ROA (TTM)Return on assets | +1.3% | +4.0% | -16.5% | +175.8% |
| ROICReturn on invested capital | +3.2% | +16.5% | -16.4% | +6.0% |
| ROCEReturn on capital employed | +3.6% | +18.8% | -28.9% | +7.5% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.65x | 0.78x | 0.85x | 0.59x |
| Net DebtTotal debt minus cash | $227M | $407M | $187M | $26.3B |
| Cash & Equiv.Liquid assets | $65M | $152M | $103M | $2.2B |
| Total DebtShort + long-term debt | $292M | $559M | $290M | $28.5B |
| Interest CoverageEBIT ÷ Interest expense | 1.52x | 12.50x | -96.80x | 9.08x |
Total Returns (Dividends Reinvested)
Evenly matched — AORT and MASI each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AORT five years ago would be worth $8,614 today (with dividends reinvested), compared to $983 for NVCR. Over the past 12 months, MASI leads with a +16.1% total return vs AORT's -10.9%. The 3-year compound annual growth rate (CAGR) favors AORT at 20.3% vs NVCR's -36.4% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -42.8% | +40.0% | +36.4% | -20.0% |
| 1-Year ReturnPast 12 months | -10.9% | +16.1% | +2.6% | -5.5% |
| 3-Year ReturnCumulative with dividends | +73.9% | -5.0% | -74.2% | -6.3% |
| 5-Year ReturnCumulative with dividends | -13.9% | -17.8% | -90.2% | -29.2% |
| 10-Year ReturnCumulative with dividends | +107.4% | +282.5% | +38.5% | +24.3% |
| CAGR (3Y)Annualised 3-year return | +20.3% | -1.7% | -36.4% | -2.1% |
Risk & Volatility
Evenly matched — MASI and MDT each lead in 1 of 2 comparable metrics.
Risk & Volatility
MDT is the less volatile stock with a 0.42 beta — it tends to amplify market swings less than NVCR's 2.15 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MASI currently trades 99.6% from its 52-week high vs AORT's 52.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.57x | 0.61x | 2.15x | 0.42x |
| 52-Week HighHighest price in past year | $48.25 | $179.10 | $20.06 | $106.33 |
| 52-Week LowLowest price in past year | $19.16 | $125.94 | $9.82 | $75.91 |
| % of 52W HighCurrent price vs 52-week peak | +52.7% | +99.6% | +89.2% | +71.6% |
| RSI (14)Momentum oscillator 0–100 | 45.5 | 64.0 | 70.9 | 29.2 |
| Avg Volume (50D)Average daily shares traded | 477K | 1.2M | 1.4M | 7.9M |
Analyst Outlook
MDT leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: AORT as "Buy", MASI as "Buy", NVCR as "Buy", MDT as "Buy". Consensus price targets imply 108.6% upside for AORT (target: $53) vs 5.2% for MASI (target: $188). MDT is the only dividend payer here at 3.65% yield — a key consideration for income-focused portfolios.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $53.00 | $187.50 | $33.50 | $109.50 |
| # AnalystsCovering analysts | 12 | 23 | 15 | 49 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | +3.7% |
| Dividend StreakConsecutive years of raises | 4 | 0 | — | 36 |
| Dividend / ShareAnnual DPS | — | — | — | $2.78 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +3.9% | 0.0% | +3.3% |
MDT leads in 2 of 6 categories — strongest in Valuation Metrics and Analyst Outlook. 4 categories are tied.
AORT vs MASI vs NVCR vs MDT: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is AORT or MASI or NVCR or MDT a better buy right now?
For growth investors, Artivion, Inc.
(AORT) is the stronger pick with 13. 6% revenue growth year-over-year, versus -27. 1% for Masimo Corporation (MASI). Medtronic plc (MDT) offers the better valuation at 21. 1x trailing P/E (13. 8x forward), making it the more compelling value choice. Analysts rate Artivion, Inc. (AORT) a "Buy" — based on 12 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 has the better valuation — AORT or MASI or NVCR or MDT?
On trailing P/E, Medtronic plc (MDT) is the cheapest at 21.
1x versus Artivion, Inc. at 121. 0x. On forward P/E, Medtronic plc is actually cheaper at 13. 8x.
03Which is the better long-term investment — AORT or MASI or NVCR or MDT?
Over the past 5 years, Artivion, Inc.
(AORT) delivered a total return of -13. 9%, compared to -90. 2% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: MASI returned +282. 5% versus MDT's +24. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AORT or MASI or NVCR or MDT?
By beta (market sensitivity over 5 years), Medtronic plc (MDT) is the lower-risk stock at 0.
42β versus NovoCure Limited's 2. 15β — meaning NVCR is approximately 406% more volatile than MDT relative to the S&P 500. On balance sheet safety, Medtronic plc (MDT) carries a lower debt/equity ratio of 59% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
05Which is growing faster — AORT or MASI or NVCR or MDT?
By revenue growth (latest reported year), Artivion, Inc.
(AORT) is pulling ahead at 13. 6% versus -27. 1% for Masimo Corporation (MASI). On earnings-per-share growth, the picture is similar: Artivion, Inc. grew EPS 165. 6% year-over-year, compared to 21. 8% for NovoCure Limited. Over a 3-year CAGR, AORT leads at 12. 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.
06Which has better profit margins — AORT or MASI or NVCR or MDT?
Medtronic plc (MDT) is the more profitable company, earning 13.
9% net margin versus -20. 8% for NovoCure Limited — meaning it keeps 13. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MASI leads at 20. 5% versus -23. 5% for NVCR. 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.
07Is AORT or MASI or NVCR or MDT more undervalued right now?
On forward earnings alone, Medtronic plc (MDT) trades at 13.
8x forward P/E versus 75. 3x for Artivion, Inc. — 61. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AORT: 108. 6% to $53. 00.
08Which pays a better dividend — AORT or MASI or NVCR or MDT?
In this comparison, MDT (3.
7% yield) pays a dividend. AORT, MASI, NVCR do not pay a meaningful dividend and should not be held primarily for income.
09Is AORT or MASI or NVCR or MDT better for a retirement portfolio?
For long-horizon retirement investors, Medtronic plc (MDT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
42), 3. 7% yield). NovoCure Limited (NVCR) carries a higher beta of 2. 15 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MDT: +24. 3%, NVCR: +38. 5%), 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.
10What are the main differences between AORT and MASI and NVCR and MDT?
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: AORT is a small-cap quality compounder stock; MASI is a small-cap quality compounder stock; NVCR is a small-cap quality compounder stock; MDT is a mid-cap income-oriented stock. MDT pays a dividend while AORT, MASI, NVCR do not, making them suitable for different income and tax situations. 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.
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