Medical - Devices
Compare Stocks
2 / 10Stock Comparison
APYX vs ARAY
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Devices
APYX vs ARAY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Devices | Medical - Devices |
| Market Cap | $149M | $35M |
| Revenue (TTM) | $56M | $429M |
| Net Income (TTM) | $-9M | $-46M |
| Gross Margin | 38.1% | 26.8% |
| Operating Margin | -7.7% | -5.1% |
| Total Debt | $39M | $176M |
| Cash & Equiv. | $32M | $57M |
APYX vs ARAY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Apyx Medical Corpor… (APYX) | 100 | 80.2 | -19.8% |
| Accuray Incorporated (ARAY) | 100 | 14.0 | -86.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: APYX vs ARAY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
APYX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.96
- Rev growth 9.9%, EPS growth 59.1%, 3Y rev CAGR 5.9%
- -45.0% 10Y total return vs ARAY's -94.5%
ARAY is the clearest fit if your priority is quality and efficiency.
- -10.8% margin vs APYX's -16.4%
- -10.1% ROA vs APYX's -14.9%, ROIC 3.0% vs -22.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 9.9% revenue growth vs ARAY's 2.7% | |
| Quality / Margins | -10.8% margin vs APYX's -16.4% | |
| Stability / Safety | Beta 1.96 vs ARAY's 2.42 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +184.8% vs ARAY's -78.4% | |
| Efficiency (ROA) | -10.1% ROA vs APYX's -14.9%, ROIC 3.0% vs -22.1% |
APYX vs ARAY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
APYX vs ARAY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — APYX and ARAY each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ARAY is the larger business by revenue, generating $429M annually — 7.7x APYX's $56M. ARAY is the more profitable business, keeping -10.8% of every revenue dollar as net income compared to APYX's -16.4%. On growth, APYX holds the edge at +31.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $56M | $429M |
| EBITDAEarnings before interest/tax | -$4M | -$15M |
| Net IncomeAfter-tax profit | -$9M | -$46M |
| Free Cash FlowCash after capex | -$9M | -$28M |
| Gross MarginGross profit ÷ Revenue | +38.1% | +26.8% |
| Operating MarginEBIT ÷ Revenue | -7.7% | -5.1% |
| Net MarginNet income ÷ Revenue | -16.4% | -10.8% |
| FCF MarginFCF ÷ Revenue | -16.1% | -6.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +31.7% | -7.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +58.3% | -6.1% |
Valuation Metrics
ARAY leads this category, winning 3 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $149M | $35M |
| Enterprise ValueMkt cap + debt − cash | $157M | $154M |
| Trailing P/EPrice ÷ TTM EPS | -13.19x | -18.91x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 10.99x |
| Price / SalesMarket cap ÷ Revenue | 2.82x | 0.08x |
| Price / BookPrice ÷ Book value/share | 10.12x | 0.37x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
ARAY leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
ARAY delivers a -77.5% return on equity — every $100 of shareholder capital generates $-77 in annual profit, vs $-88 for APYX. ARAY carries lower financial leverage with a 2.17x debt-to-equity ratio, signaling a more conservative balance sheet compared to APYX's 2.65x. On the Piotroski fundamental quality scale (0–9), ARAY scores 6/9 vs APYX's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -88.5% | -77.5% |
| ROA (TTM)Return on assets | -14.9% | -10.1% |
| ROICReturn on invested capital | -22.1% | +3.0% |
| ROCEReturn on capital employed | -11.8% | +2.8% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 2.65x | 2.17x |
| Net DebtTotal debt minus cash | $8M | $119M |
| Cash & Equiv.Liquid assets | $32M | $57M |
| Total DebtShort + long-term debt | $39M | $176M |
| Interest CoverageEBIT ÷ Interest expense | -0.97x | -1.86x |
Total Returns (Dividends Reinvested)
APYX leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in APYX five years ago would be worth $3,708 today (with dividends reinvested), compared to $606 for ARAY. Over the past 12 months, APYX leads with a +184.8% total return vs ARAY's -78.4%. The 3-year compound annual growth rate (CAGR) favors APYX at 0.8% vs ARAY's -56.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +1.7% | -65.5% |
| 1-Year ReturnPast 12 months | +184.8% | -78.4% |
| 3-Year ReturnCumulative with dividends | +2.3% | -91.8% |
| 5-Year ReturnCumulative with dividends | -62.9% | -93.9% |
| 10-Year ReturnCumulative with dividends | -45.0% | -94.5% |
| CAGR (3Y)Annualised 3-year return | +0.8% | -56.6% |
Risk & Volatility
APYX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
APYX is the less volatile stock with a 1.96 beta — it tends to amplify market swings less than ARAY's 2.42 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. APYX currently trades 79.1% from its 52-week high vs ARAY's 14.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.96x | 2.42x |
| 52-Week HighHighest price in past year | $4.50 | $2.10 |
| 52-Week LowLowest price in past year | $1.08 | $0.28 |
| % of 52W HighCurrent price vs 52-week peak | +79.1% | +14.0% |
| RSI (14)Momentum oscillator 0–100 | 28.6 | 58.4 |
| Avg Volume (50D)Average daily shares traded | 162K | 1.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | — |
| Price TargetConsensus 12-month target | $6.00 | — |
| # AnalystsCovering analysts | 9 | — |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
ARAY leads in 2 of 6 categories (Valuation Metrics, Profitability & Efficiency). APYX leads in 2 (Total Returns, Risk & Volatility). 1 tied.
APYX vs ARAY: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is APYX or ARAY a better buy right now?
For growth investors, Apyx Medical Corporation (APYX) is the stronger pick with 9.
9% revenue growth year-over-year, versus 2. 7% for Accuray Incorporated (ARAY). Analysts rate Apyx Medical Corporation (APYX) a "Buy" — based on 9 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 — APYX or ARAY?
Over the past 5 years, Apyx Medical Corporation (APYX) delivered a total return of -62.
9%, compared to -93. 9% for Accuray Incorporated (ARAY). Over 10 years, the gap is even starker: APYX returned -45. 0% versus ARAY's -94. 5%. 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 — APYX or ARAY?
By beta (market sensitivity over 5 years), Apyx Medical Corporation (APYX) is the lower-risk stock at 1.
96β versus Accuray Incorporated's 2. 42β — meaning ARAY is approximately 24% more volatile than APYX relative to the S&P 500. On balance sheet safety, Accuray Incorporated (ARAY) carries a lower debt/equity ratio of 2% versus 3% for Apyx Medical Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — APYX or ARAY?
By revenue growth (latest reported year), Apyx Medical Corporation (APYX) is pulling ahead at 9.
9% versus 2. 7% for Accuray Incorporated (ARAY). On earnings-per-share growth, the picture is similar: Accuray Incorporated grew EPS 90. 3% year-over-year, compared to 59. 1% for Apyx Medical Corporation. Over a 3-year CAGR, APYX leads at 5. 9% 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 — APYX or ARAY?
Accuray Incorporated (ARAY) is the more profitable company, earning -0.
3% net margin versus -21. 2% for Apyx Medical Corporation — meaning it keeps -0. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ARAY leads at 1. 7% versus -12. 2% for APYX. At the gross margin level — before operating expenses — APYX leads at 36. 0%, 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.
06Which pays a better dividend — APYX or ARAY?
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.
07Is APYX or ARAY better for a retirement portfolio?
For long-horizon retirement investors, Apyx Medical Corporation (APYX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding.
Accuray Incorporated (ARAY) carries a higher beta of 2. 42 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (APYX: -45. 0%, ARAY: -94. 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.
08What are the main differences between APYX and ARAY?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
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 both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.