Compare Stocks

4 / 10
Try these comparisons:

Stock Comparison

AXGN vs ANIK vs MDXG vs NVCR

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

Live fundamentals10-year financials5-year price chart
AXGN
AxoGen, Inc.

Medical - Devices

HealthcareNASDAQ • US
Market Cap$2.24B
5Y Perf.+333.6%
ANIK
Anika Therapeutics, Inc.

Medical - Devices

HealthcareNASDAQ • US
Market Cap$203M
5Y Perf.-55.9%
MDXG
MiMedx Group, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$548M
5Y Perf.+0.3%
NVCR
NovoCure Limited

Medical - Instruments & Supplies

HealthcareNASDAQ • JE
Market Cap$1.92B
5Y Perf.-73.5%

AXGN vs ANIK vs MDXG vs NVCR — Key Financials

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

Company Snapshot
AXGN logoAXGN
ANIK logoANIK
MDXG logoMDXG
NVCR logoNVCR
IndustryMedical - DevicesMedical - DevicesBiotechnologyMedical - Instruments & Supplies
Market Cap$2.24B$203M$548M$1.92B
Revenue (TTM)$238M$116M$389M$674M
Net Income (TTM)$-31M$-11M$31M$-173M
Gross Margin75.0%58.6%81.0%75.2%
Operating Margin-3.8%-10.5%10.2%-27.2%
Forward P/E86.5x288.0x
Total Debt$19M$24M$23M$290M
Cash & Equiv.$36M$57M$166M$103M

AXGN vs ANIK vs MDXG vs NVCRLong-Term Stock Performance

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

AXGN
ANIK
MDXG
NVCR
StockMay 20May 26Return
AxoGen, Inc. (AXGN)100433.6+333.6%
Anika Therapeutics,… (ANIK)10044.1-55.9%
MiMedx Group, Inc. (MDXG)100100.3+0.3%
NovoCure Limited (NVCR)10026.5-73.5%

Price return only. Dividends and distributions are not included.

Quick Verdict: AXGN vs ANIK vs MDXG vs NVCR

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

Bottom line: AXGN leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. MiMedx Group, Inc. is the stronger pick specifically for profitability and margin quality and operational efficiency and capital deployment. As sector peers, any of these can serve as alternatives in the same allocation.
AXGN
AxoGen, Inc.
The Income Pick

AXGN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • Dividend streak 2 yrs, beta 0.90
  • Rev growth 20.2%, EPS growth -47.8%, 3Y rev CAGR 17.6%
  • 6.5% 10Y total return vs MDXG's -48.5%
  • Lower volatility, beta 0.90, Low D/E 14.9%, current ratio 5.11x
Best for: income & stability and growth exposure
ANIK
Anika Therapeutics, Inc.
The Specific-Use Pick

ANIK plays a supporting role in this comparison — it may shine differently against other peers.

Best for: healthcare exposure
MDXG
MiMedx Group, Inc.
The Quality Compounder

MDXG is the #2 pick in this set and the best alternative if quality and efficiency is your priority.

  • 7.9% margin vs NVCR's -25.7%
  • 9.7% ROA vs NVCR's -16.5%, ROIC 42.3% vs -16.4%
Best for: quality and efficiency
NVCR
NovoCure Limited
The Secondary Option

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

Best for: healthcare exposure
See the full category breakdown
CategoryWinnerWhy
GrowthAXGN logoAXGN20.2% revenue growth vs ANIK's -5.9%
ValueAXGN logoAXGNBetter valuation composite
Quality / MarginsMDXG logoMDXG7.9% margin vs NVCR's -25.7%
Stability / SafetyAXGN logoAXGNBeta 0.90 vs NVCR's 2.20, lower leverage
DividendsTieNone of these 4 stocks pay a meaningful dividend
Momentum (1Y)AXGN logoAXGN+164.9% vs MDXG's -47.1%
Efficiency (ROA)MDXG logoMDXG9.7% ROA vs NVCR's -16.5%, ROIC 42.3% vs -16.4%

AXGN vs ANIK vs MDXG vs NVCR — Revenue Breakdown by Segment

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

AXGNAxoGen, Inc.

Segment breakdown not available.

ANIKAnika Therapeutics, Inc.
FY 2023
Joint Preservation and Restoration
84.8%$55M
Non-Orthopedic
15.2%$10M
MDXGMiMedx Group, Inc.
FY 2025
Surgical
100.0%$142M
NVCRNovoCure Limited

Segment breakdown not available.

AXGN vs ANIK vs MDXG vs NVCR — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLMDXGLAGGINGNVCR

Income & Cash Flow (Last 12 Months)

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

NVCR is the larger business by revenue, generating $674M annually — 5.8x ANIK's $116M. MDXG is the more profitable business, keeping 7.9% of every revenue dollar as net income compared to NVCR's -25.7%. On growth, AXGN holds the edge at +26.6% YoY revenue growth, suggesting stronger near-term business momentum.

MetricAXGN logoAXGNAxoGen, Inc.ANIK logoANIKAnika Therapeutic…MDXG logoMDXGMiMedx Group, Inc.NVCR logoNVCRNovoCure Limited
RevenueTrailing 12 months$238M$116M$389M$674M
EBITDAEarnings before interest/tax-$3M-$7M$53M-$165M
Net IncomeAfter-tax profit-$31M-$11M$31M-$173M
Free Cash FlowCash after capex$9M$1M$66M-$48M
Gross MarginGross profit ÷ Revenue+75.0%+58.6%+81.0%+75.2%
Operating MarginEBIT ÷ Revenue-3.8%-10.5%+10.2%-27.2%
Net MarginNet income ÷ Revenue-13.2%-9.5%+7.9%-25.7%
FCF MarginFCF ÷ Revenue+3.8%+0.9%+17.0%-7.1%
Rev. Growth (YoY)Latest quarter vs prior year+26.6%+13.2%-33.1%+12.3%
EPS Growth (YoY)Latest quarter vs prior year-3.5%-8.8%-2.4%-100.0%
MDXG leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

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

On an enterprise value basis, MDXG's 5.1x EV/EBITDA is more attractive than AXGN's 6463.0x.

MetricAXGN logoAXGNAxoGen, Inc.ANIK logoANIKAnika Therapeutic…MDXG logoMDXGMiMedx Group, Inc.NVCR logoNVCRNovoCure Limited
Market CapShares × price$2.2B$203M$548M$1.9B
Enterprise ValueMkt cap + debt − cash$2.2B$170M$405M$2.1B
Trailing P/EPrice ÷ TTM EPS-127.68x-19.92x11.53x-13.80x
Forward P/EPrice ÷ next-FY EPS est.86.49x288.00x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple6463.03x5.14x
Price / SalesMarket cap ÷ Revenue9.94x1.80x1.31x2.92x
Price / BookPrice ÷ Book value/share15.51x1.51x2.15x5.51x
Price / FCFMarket cap ÷ FCF46.51x7.51x
MDXG leads this category, winning 3 of 6 comparable metrics.

Profitability & Efficiency

MDXG leads this category, winning 7 of 9 comparable metrics.

MDXG delivers a 12.9% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $-51 for NVCR. MDXG carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), ANIK scores 6/9 vs NVCR's 5/9, reflecting solid financial health.

MetricAXGN logoAXGNAxoGen, Inc.ANIK logoANIKAnika Therapeutic…MDXG logoMDXGMiMedx Group, Inc.NVCR logoNVCRNovoCure Limited
ROE (TTM)Return on equity-20.7%-7.7%+12.9%-50.8%
ROA (TTM)Return on assets-13.5%-5.9%+9.7%-16.5%
ROICReturn on invested capital-4.6%-7.1%+42.3%-16.4%
ROCEReturn on capital employed-4.2%-6.4%+25.7%-28.9%
Piotroski ScoreFundamental quality 0–95655
Debt / EquityFinancial leverage0.15x0.17x0.09x0.85x
Net DebtTotal debt minus cash-$16M-$33M-$144M$187M
Cash & Equiv.Liquid assets$36M$57M$166M$103M
Total DebtShort + long-term debt$19M$24M$23M$290M
Interest CoverageEBIT ÷ Interest expense-0.05x25.32x-96.80x
MDXG leads this category, winning 7 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

AXGN leads this category, winning 5 of 6 comparable metrics.

A $10,000 investment in AXGN five years ago would be worth $18,472 today (with dividends reinvested), compared to $875 for NVCR. Over the past 12 months, AXGN leads with a +164.9% total return vs MDXG's -47.1%. The 3-year compound annual growth rate (CAGR) favors AXGN at 65.0% vs NVCR's -37.6% — a key indicator of consistent wealth creation.

MetricAXGN logoAXGNAxoGen, Inc.ANIK logoANIKAnika Therapeutic…MDXG logoMDXGMiMedx Group, Inc.NVCR logoNVCRNovoCure Limited
YTD ReturnYear-to-date+40.0%+61.9%-43.1%+28.3%
1-Year ReturnPast 12 months+164.9%+4.5%-47.1%+1.1%
3-Year ReturnCumulative with dividends+349.4%-41.7%-36.6%-75.7%
5-Year ReturnCumulative with dividends+84.7%-63.9%-62.9%-91.3%
10-Year ReturnCumulative with dividends+647.2%-65.9%-48.5%+30.3%
CAGR (3Y)Annualised 3-year return+65.0%-16.5%-14.1%-37.6%
AXGN leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

AXGN leads this category, winning 2 of 2 comparable metrics.

AXGN is the less volatile stock with a 0.90 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 MDXG's 46.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricAXGN logoAXGNAxoGen, Inc.ANIK logoANIKAnika Therapeutic…MDXG logoMDXGMiMedx Group, Inc.NVCR logoNVCRNovoCure Limited
Beta (5Y)Sensitivity to S&P 5000.93x1.10x1.21x2.15x
52-Week HighHighest price in past year$45.75$16.24$7.99$20.06
52-Week LowLowest price in past year$9.22$7.87$3.02$9.82
% of 52W HighCurrent price vs 52-week peak+94.9%+93.2%+46.2%+83.9%
RSI (14)Momentum oscillator 0–10070.453.349.369.8
Avg Volume (50D)Average daily shares traded968K135K1.4M1.5M
AXGN leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: AXGN as "Buy", ANIK as "Buy", MDXG as "Buy", NVCR as "Buy". Consensus price targets imply 171.0% upside for MDXG (target: $10) vs 0.0% for AXGN (target: $43).

MetricAXGN logoAXGNAxoGen, Inc.ANIK logoANIKAnika Therapeutic…MDXG logoMDXGMiMedx Group, Inc.NVCR logoNVCRNovoCure Limited
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuy
Price TargetConsensus 12-month target$43.43$10.00$33.50
# AnalystsCovering analysts1961515
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises2
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%+4.7%+0.6%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

MDXG leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). AXGN leads in 2 (Total Returns, Risk & Volatility).

Best OverallMiMedx Group, Inc. (MDXG)Leads 3 of 6 categories
Loading custom metrics...

AXGN vs ANIK vs MDXG vs NVCR: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is AXGN or ANIK or MDXG 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 -5. 9% for Anika Therapeutics, Inc. (ANIK). MiMedx Group, Inc. (MDXG) offers the better valuation at 11. 5x trailing P/E (288. 0x forward), making it the more compelling value choice. 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.

02

Which has the better valuation — AXGN or ANIK or MDXG or NVCR?

On forward P/E, AxoGen, Inc.

is actually cheaper at 86. 5x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — AXGN or ANIK or MDXG or NVCR?

Over the past 5 years, AxoGen, Inc.

(AXGN) delivered a total return of +84. 7%, compared to -91. 3% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: AXGN returned +623. 9% versus ANIK's -66. 7%. 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 — AXGN or ANIK or MDXG or NVCR?

By beta (market sensitivity over 5 years), AxoGen, Inc.

(AXGN) is the lower-risk stock at 0. 93β versus NovoCure Limited's 2. 15β — meaning NVCR is approximately 131% more volatile than AXGN relative to the S&P 500. On balance sheet safety, MiMedx Group, Inc. (MDXG) carries a lower debt/equity ratio of 9% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.

05

Which is growing faster — AXGN or ANIK or MDXG or NVCR?

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

(AXGN) is pulling ahead at 20. 2% versus -5. 9% for Anika Therapeutics, Inc. (ANIK). On earnings-per-share growth, the picture is similar: Anika Therapeutics, Inc. grew EPS 80. 2% year-over-year, compared to -47. 8% for AxoGen, Inc.. Over a 3-year CAGR, AXGN leads at 17. 6% 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 — AXGN or ANIK or MDXG or NVCR?

MiMedx Group, Inc.

(MDXG) is the more profitable company, earning 11. 6% net margin versus -20. 8% for NovoCure Limited — meaning it keeps 11. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MDXG leads at 15. 3% versus -23. 5% for NVCR. At the gross margin level — before operating expenses — MDXG leads at 82. 6%, 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 AXGN or ANIK or MDXG or NVCR more undervalued right now?

On forward earnings alone, AxoGen, Inc.

(AXGN) trades at 86. 5x forward P/E versus 288. 0x for MiMedx Group, Inc. — 201. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MDXG: 171. 0% to $10. 00.

08

Which pays a better dividend — AXGN or ANIK or MDXG 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.

09

Is AXGN or ANIK or MDXG 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. 93), +623. 9% 10Y return). 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 (AXGN: +623. 9%, 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.

10

What are the main differences between AXGN and ANIK and MDXG 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; ANIK is a small-cap quality compounder stock; MDXG 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.

Stocks Like

AXGN

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 13%
  • Gross Margin > 45%
Run This Screen
Stocks Like

ANIK

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 6%
  • Gross Margin > 35%
Run This Screen
Stocks Like

MDXG

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Net Margin > 5%
Run This Screen
Stocks Like

NVCR

Quality Business

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

Beat Both

Find stocks that outperform AXGN and ANIK and MDXG and NVCR on the metrics below

Revenue Growth>
%
(AXGN: 26.6% · ANIK: 13.2%)

You Might Also Compare

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