Compare Stocks

5 / 10
Try these comparisons:

Stock Comparison

AVR vs NVCR vs TMCI vs ATRC vs EW

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
AVR
Anteris Technologies Global Corp.

Medical - Devices

HealthcareNASDAQ • AU
Market Cap$237M
5Y Perf.+17.9%
NVCR
NovoCure Limited

Medical - Instruments & Supplies

HealthcareNASDAQ • JE
Market Cap$2.04B
5Y Perf.-40.0%
TMCI
Treace Medical Concepts, Inc.

Medical - Devices

HealthcareNASDAQ • US
Market Cap$130M
5Y Perf.-73.0%
ATRC
AtriCure, Inc.

Medical - Instruments & Supplies

HealthcareNASDAQ • US
Market Cap$1.33B
5Y Perf.-14.0%
EW
Edwards Lifesciences Corporation

Medical - Devices

HealthcareNYSE • US
Market Cap$46.10B
5Y Perf.+8.0%

AVR vs NVCR vs TMCI vs ATRC vs EW — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
AVR logoAVR
NVCR logoNVCR
TMCI logoTMCI
ATRC logoATRC
EW logoEW
IndustryMedical - DevicesMedical - Instruments & SuppliesMedical - DevicesMedical - Instruments & SuppliesMedical - Devices
Market Cap$237M$2.04B$130M$1.33B$46.10B
Revenue (TTM)$2M$674M$207M$552M$6.07B
Net Income (TTM)$-84M$-173M$-61M$-5M$1.07B
Gross Margin67.9%75.2%79.7%75.5%78.1%
Operating Margin-40.2%-27.2%-26.9%-0.4%26.7%
Forward P/E428.7x26.6x
Total Debt$1M$290M$14M$88M$705M
Cash & Equiv.$70M$103M$11M$167M$2.94B

AVR vs NVCR vs TMCI vs ATRC vs EWLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

AVR
NVCR
TMCI
ATRC
EW
StockDec 24May 26Return
Anteris Technologie… (AVR)100117.9+17.9%
NovoCure Limited (NVCR)10060.0-40.0%
Treace Medical Conc… (TMCI)10027.0-73.0%
AtriCure, Inc. (ATRC)10086.0-14.0%
Edwards Lifescience… (EW)100108.0+8.0%

Price return only. Dividends and distributions are not included.

Quick Verdict: AVR vs NVCR vs TMCI vs ATRC vs EW

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: EW leads in 4 of 7 categories (5-stock set), making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Anteris Technologies Global Corp. is the stronger pick specifically for recent price momentum and sentiment. ATRC also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
AVR
Anteris Technologies Global Corp.
The Defensive Pick

AVR is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.

  • Lower volatility, beta 2.14, Low D/E 2.2%, current ratio 4.51x
  • Beta 2.14, current ratio 4.51x
  • +50.2% vs TMCI's -73.3%
Best for: sleep-well-at-night and defensive
NVCR
NovoCure Limited
The Healthcare Pick

NVCR lags the leaders in this set but could rank higher in a more targeted comparison.

Best for: healthcare exposure
TMCI
Treace Medical Concepts, Inc.
The Healthcare Pick

Among these 5 stocks, TMCI doesn't own a clear edge in any measured category.

Best for: healthcare exposure
ATRC
AtriCure, Inc.
The Growth Play

ATRC ranks third and is worth considering specifically for growth exposure.

  • Rev growth 14.9%, EPS growth 74.7%, 3Y rev CAGR 17.4%
  • 14.9% revenue growth vs AVR's -1.2%
Best for: growth exposure
EW
Edwards Lifesciences Corporation
The Income Pick

EW carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • beta 0.64
  • 125.5% 10Y total return vs ATRC's 84.4%
  • Better valuation composite
  • 17.6% margin vs AVR's -39.4%
Best for: income & stability and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthATRC logoATRC14.9% revenue growth vs AVR's -1.2%
ValueEW logoEWBetter valuation composite
Quality / MarginsEW logoEW17.6% margin vs AVR's -39.4%
Stability / SafetyEW logoEWBeta 0.64 vs TMCI's 2.19, lower leverage
DividendsTieNone of these 5 stocks pay a meaningful dividend
Momentum (1Y)AVR logoAVR+50.2% vs TMCI's -73.3%
Efficiency (ROA)EW logoEW8.0% ROA vs AVR's -442.1%

AVR vs NVCR vs TMCI vs ATRC vs EW — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

AVRAnteris Technologies Global Corp.

Segment breakdown not available.

NVCRNovoCure Limited

Segment breakdown not available.

TMCITreace Medical Concepts, Inc.

Segment breakdown not available.

ATRCAtriCure, Inc.
FY 2025
Shipping and Handling
100.0%$2M
EWEdwards Lifesciences Corporation
FY 2025
Transcatheter Heart Valves
74.0%$4.5B
Surgical Heart Valve Therapy
17.0%$1.0B
Transcatheter Mitral And Tricuspid Therapies
9.1%$551M

AVR vs NVCR vs TMCI vs ATRC vs EW — Financial Metrics

Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLEWLAGGINGATRC

Income & Cash Flow (Last 12 Months)

EW leads this category, winning 3 of 6 comparable metrics.

EW is the larger business by revenue, generating $6.1B annually — 2836.5x AVR's $2M. EW is the more profitable business, keeping 17.6% of every revenue dollar as net income compared to AVR's -39.4%. On growth, ATRC holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.

MetricAVR logoAVRAnteris Technolog…NVCR logoNVCRNovoCure LimitedTMCI logoTMCITreace Medical Co…ATRC logoATRCAtriCure, Inc.EW logoEWEdwards Lifescien…
RevenueTrailing 12 months$2M$674M$207M$552M$6.1B
EBITDAEarnings before interest/tax-$84M-$165M-$48M$13M$1.8B
Net IncomeAfter-tax profit-$84M-$173M-$61M-$5M$1.1B
Free Cash FlowCash after capex-$79M-$48M-$26M$54M$1.3B
Gross MarginGross profit ÷ Revenue+67.9%+75.2%+79.7%+75.5%+78.1%
Operating MarginEBIT ÷ Revenue-40.2%-27.2%-26.9%-0.4%+26.7%
Net MarginNet income ÷ Revenue-39.4%-25.7%-29.4%-0.8%+17.6%
FCF MarginFCF ÷ Revenue-37.1%-7.1%-12.5%+9.7%+22.0%
Rev. Growth (YoY)Latest quarter vs prior year-44.2%+12.3%-10.2%+14.3%+13.3%
EPS Growth (YoY)Latest quarter vs prior year-54.1%-100.0%-12.0%+101.6%-75.4%
EW leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

Evenly matched — TMCI and ATRC and EW each lead in 2 of 6 comparable metrics.

On an enterprise value basis, EW's 24.5x EV/EBITDA is more attractive than ATRC's 73.2x.

MetricAVR logoAVRAnteris Technolog…NVCR logoNVCRNovoCure LimitedTMCI logoTMCITreace Medical Co…ATRC logoATRCAtriCure, Inc.EW logoEWEdwards Lifescien…
Market CapShares × price$237M$2.0B$130M$1.3B$46.1B
Enterprise ValueMkt cap + debt − cash$168M$2.2B$133M$1.3B$43.9B
Trailing P/EPrice ÷ TTM EPS-1.75x-14.66x-2.16x-109.50x43.69x
Forward P/EPrice ÷ next-FY EPS est.428.71x26.58x
PEG RatioP/E ÷ EPS growth rate6.17x
EV / EBITDAEnterprise value multiple73.24x24.47x
Price / SalesMarket cap ÷ Revenue87.79x3.11x0.61x2.49x7.60x
Price / BookPrice ÷ Book value/share2.13x5.86x1.46x2.55x4.53x
Price / FCFMarket cap ÷ FCF27.56x34.53x
Evenly matched — TMCI and ATRC and EW each lead in 2 of 6 comparable metrics.

Profitability & Efficiency

EW leads this category, winning 6 of 9 comparable metrics.

EW delivers a 10.4% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $-25 for AVR. AVR carries lower financial leverage with a 0.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), AVR scores 6/9 vs TMCI's 3/9, reflecting solid financial health.

MetricAVR logoAVRAnteris Technolog…NVCR logoNVCRNovoCure LimitedTMCI logoTMCITreace Medical Co…ATRC logoATRCAtriCure, Inc.EW logoEWEdwards Lifescien…
ROE (TTM)Return on equity-25.1%-50.8%-69.5%-1.0%+10.4%
ROA (TTM)Return on assets-4.4%-16.5%-31.4%-0.7%+8.0%
ROICReturn on invested capital-16.4%-31.0%-0.6%+15.5%
ROCEReturn on capital employed-183.9%-28.9%-31.7%-0.6%+14.0%
Piotroski ScoreFundamental quality 0–965356
Debt / EquityFinancial leverage0.02x0.85x0.16x0.18x0.07x
Net DebtTotal debt minus cash-$69M$187M$3M-$79M-$2.2B
Cash & Equiv.Liquid assets$70M$103M$11M$167M$2.9B
Total DebtShort + long-term debt$1M$290M$14M$88M$705M
Interest CoverageEBIT ÷ Interest expense-816.06x-96.80x-16.02x0.47x
EW leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

AVR leads this category, winning 4 of 6 comparable metrics.

A $10,000 investment in AVR five years ago would be worth $11,750 today (with dividends reinvested), compared to $610 for TMCI. Over the past 12 months, AVR leads with a +50.2% total return vs TMCI's -73.3%. The 3-year compound annual growth rate (CAGR) favors AVR at 5.5% vs TMCI's -57.4% — a key indicator of consistent wealth creation.

MetricAVR logoAVRAnteris Technolog…NVCR logoNVCRNovoCure LimitedTMCI logoTMCITreace Medical Co…ATRC logoATRCAtriCure, Inc.EW logoEWEdwards Lifescien…
YTD ReturnYear-to-date+33.7%+36.4%-19.6%-33.1%-6.3%
1-Year ReturnPast 12 months+50.2%+2.6%-73.3%-15.7%+7.1%
3-Year ReturnCumulative with dividends+17.5%-74.2%-92.3%-45.0%-10.2%
5-Year ReturnCumulative with dividends+17.5%-90.2%-93.9%-64.2%-11.5%
10-Year ReturnCumulative with dividends+17.5%+38.5%-92.1%+84.4%+125.5%
CAGR (3Y)Annualised 3-year return+5.5%-36.4%-57.4%-18.1%-3.5%
AVR leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — AVR and EW each lead in 1 of 2 comparable metrics.

EW is the less volatile stock with a 0.64 beta — it tends to amplify market swings less than TMCI's 2.19 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AVR currently trades 94.7% from its 52-week high vs TMCI's 25.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricAVR logoAVRAnteris Technolog…NVCR logoNVCRNovoCure LimitedTMCI logoTMCITreace Medical Co…ATRC logoATRCAtriCure, Inc.EW logoEWEdwards Lifescien…
Beta (5Y)Sensitivity to S&P 5002.14x2.15x2.19x0.95x0.64x
52-Week HighHighest price in past year$6.95$20.06$7.78$43.18$87.89
52-Week LowLowest price in past year$2.85$9.82$1.17$26.10$72.30
% of 52W HighCurrent price vs 52-week peak+94.7%+89.2%+25.8%+60.9%+91.0%
RSI (14)Momentum oscillator 0–10063.470.956.144.053.1
Avg Volume (50D)Average daily shares traded800K1.4M842K678K4.7M
Evenly matched — AVR and EW each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: AVR as "Buy", NVCR as "Buy", TMCI as "Hold", ATRC as "Buy", EW as "Buy". Consensus price targets imply 128.0% upside for AVR (target: $15) vs 21.4% for EW (target: $97).

MetricAVR logoAVRAnteris Technolog…NVCR logoNVCRNovoCure LimitedTMCI logoTMCITreace Medical Co…ATRC logoATRCAtriCure, Inc.EW logoEWEdwards Lifescien…
Analyst RatingConsensus buy/hold/sellBuyBuyHoldBuyBuy
Price TargetConsensus 12-month target$15.00$33.50$3.00$51.33$97.08
# AnalystsCovering analysts11591948
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%+0.8%+1.9%
Insufficient data to determine a leader in this category.
Key Takeaway

EW leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). AVR leads in 1 (Total Returns). 2 tied.

Best OverallEdwards Lifesciences Corpor… (EW)Leads 2 of 6 categories
Loading custom metrics...

AVR vs NVCR vs TMCI vs ATRC vs EW: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is AVR or NVCR or TMCI or ATRC or EW a better buy right now?

For growth investors, AtriCure, Inc.

(ATRC) is the stronger pick with 14. 9% revenue growth year-over-year, versus -1. 2% for Anteris Technologies Global Corp. (AVR). Edwards Lifesciences Corporation (EW) offers the better valuation at 43. 7x trailing P/E (26. 6x forward), making it the more compelling value choice. Analysts rate Anteris Technologies Global Corp. (AVR) a "Buy" — based on 1 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.

02

Which has the better valuation — AVR or NVCR or TMCI or ATRC or EW?

On forward P/E, Edwards Lifesciences Corporation is actually cheaper at 26.

6x.

03

Which is the better long-term investment — AVR or NVCR or TMCI or ATRC or EW?

Over the past 5 years, Anteris Technologies Global Corp.

(AVR) delivered a total return of +17. 5%, compared to -93. 9% for Treace Medical Concepts, Inc. (TMCI). Over 10 years, the gap is even starker: EW returned +125. 5% versus TMCI's -92. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — AVR or NVCR or TMCI or ATRC or EW?

By beta (market sensitivity over 5 years), Edwards Lifesciences Corporation (EW) is the lower-risk stock at 0.

64β versus Treace Medical Concepts, Inc. 's 2. 19β — meaning TMCI is approximately 245% more volatile than EW relative to the S&P 500. On balance sheet safety, Anteris Technologies Global Corp. (AVR) carries a lower debt/equity ratio of 2% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.

05

Which is growing faster — AVR or NVCR or TMCI or ATRC or EW?

By revenue growth (latest reported year), AtriCure, Inc.

(ATRC) is pulling ahead at 14. 9% versus -1. 2% for Anteris Technologies Global Corp. (AVR). On earnings-per-share growth, the picture is similar: AtriCure, Inc. grew EPS 74. 7% year-over-year, compared to -194. 5% for Anteris Technologies Global Corp.. Over a 3-year CAGR, ATRC leads at 17. 4% 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.

06

Which has better profit margins — AVR or NVCR or TMCI or ATRC or EW?

Edwards Lifesciences Corporation (EW) is the more profitable company, earning 17.

7% net margin versus -28. 2% for Anteris Technologies Global Corp. — meaning it keeps 17. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EW leads at 27. 0% versus -29. 0% for AVR. At the gross margin level — before operating expenses — TMCI leads at 79. 8%, 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.

07

Is AVR or NVCR or TMCI or ATRC or EW more undervalued right now?

On forward earnings alone, Edwards Lifesciences Corporation (EW) trades at 26.

6x forward P/E versus 428. 7x for AtriCure, Inc. — 402. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AVR: 128. 0% to $15. 00.

08

Which pays a better dividend — AVR or NVCR or TMCI or ATRC or EW?

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.

09

Is AVR or NVCR or TMCI or ATRC or EW better for a retirement portfolio?

For long-horizon retirement investors, Edwards Lifesciences Corporation (EW) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

64), +125. 5% 10Y return). Treace Medical Concepts, Inc. (TMCI) carries a higher beta of 2. 19 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (EW: +125. 5%, TMCI: -92. 1%), 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.

10

What are the main differences between AVR and NVCR and TMCI and ATRC and EW?

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 all of them.

Stocks Like

AVR

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 40%
Run This Screen
Stocks Like

NVCR

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 6%
  • Gross Margin > 45%
Run This Screen
Stocks Like

TMCI

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 47%
Run This Screen
Stocks Like

ATRC

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 7%
  • Gross Margin > 45%
Run This Screen
Stocks Like

EW

Steady Growth Compounder

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 6%
  • Net Margin > 10%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform AVR and NVCR and TMCI and ATRC and EW on the metrics below

Revenue Growth>
%
(AVR: -44.2% · NVCR: 12.3%)

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.