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AXGN vs MDXG
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
AXGN vs MDXG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Devices | Biotechnology |
| Market Cap | $2.24B | $548M |
| Revenue (TTM) | $238M | $389M |
| Net Income (TTM) | $-31M | $31M |
| Gross Margin | 75.0% | 81.0% |
| Operating Margin | -3.8% | 10.2% |
| Forward P/E | 89.3x | 295.2x |
| Total Debt | $19M | $23M |
| Cash & Equiv. | $36M | $166M |
AXGN vs MDXG — 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% |
| MiMedx Group, Inc. (MDXG) | 100 | 102.8 | +2.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AXGN vs MDXG
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 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%
MDXG is the clearest fit if your priority is quality and efficiency.
- 7.9% margin vs AXGN's -13.2%
- 9.7% ROA vs AXGN's -13.5%, ROIC 42.3% vs -4.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 20.2% revenue growth vs MDXG's 20.0% | |
| Value | Lower P/E (89.3x vs 295.2x) | |
| Quality / Margins | 7.9% margin vs AXGN's -13.2% | |
| Stability / Safety | Beta 0.90 vs MDXG's 1.22 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +164.9% vs MDXG's -47.1% | |
| Efficiency (ROA) | 9.7% ROA vs AXGN's -13.5%, ROIC 42.3% vs -4.6% |
AXGN vs MDXG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
AXGN vs MDXG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MDXG leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MDXG is the larger business by revenue, generating $389M annually — 1.6x AXGN's $238M. MDXG is the more profitable business, keeping 7.9% of every revenue dollar as net income compared to AXGN's -13.2%. On growth, AXGN holds the edge at +26.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $238M | $389M |
| EBITDAEarnings before interest/tax | -$3M | $53M |
| Net IncomeAfter-tax profit | -$31M | $31M |
| Free Cash FlowCash after capex | $9M | $66M |
| Gross MarginGross profit ÷ Revenue | +75.0% | +81.0% |
| Operating MarginEBIT ÷ Revenue | -3.8% | +10.2% |
| Net MarginNet income ÷ Revenue | -13.2% | +7.9% |
| FCF MarginFCF ÷ Revenue | +3.8% | +17.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +26.6% | -33.1% |
| EPS Growth (YoY)Latest quarter vs prior year | -3.5% | -2.4% |
Valuation Metrics
MDXG leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, MDXG's 5.1x EV/EBITDA is more attractive than AXGN's 6463.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.2B | $548M |
| Enterprise ValueMkt cap + debt − cash | $2.2B | $405M |
| Trailing P/EPrice ÷ TTM EPS | -127.68x | 11.53x |
| Forward P/EPrice ÷ next-FY EPS est. | 89.27x | 295.20x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 6463.03x | 5.14x |
| Price / SalesMarket cap ÷ Revenue | 9.94x | 1.31x |
| Price / BookPrice ÷ Book value/share | 15.51x | 2.15x |
| Price / FCFMarket cap ÷ FCF | — | 7.51x |
Profitability & Efficiency
MDXG leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
MDXG delivers a 12.9% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $-21 for AXGN. MDXG carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to AXGN's 0.15x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -20.7% | +12.9% |
| ROA (TTM)Return on assets | -13.5% | +9.7% |
| ROICReturn on invested capital | -4.6% | +42.3% |
| ROCEReturn on capital employed | -4.2% | +25.7% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.15x | 0.09x |
| Net DebtTotal debt minus cash | -$16M | -$144M |
| Cash & Equiv.Liquid assets | $36M | $166M |
| Total DebtShort + long-term debt | $19M | $23M |
| Interest CoverageEBIT ÷ Interest expense | -0.05x | 25.32x |
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 $3,712 for MDXG. 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 MDXG's -14.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +40.0% | -43.1% |
| 1-Year ReturnPast 12 months | +164.9% | -47.1% |
| 3-Year ReturnCumulative with dividends | +349.4% | -36.6% |
| 5-Year ReturnCumulative with dividends | +84.7% | -62.9% |
| 10-Year ReturnCumulative with dividends | +647.2% | -48.5% |
| CAGR (3Y)Annualised 3-year return | +65.0% | -14.1% |
Risk & Volatility
AXGN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
AXGN is the less volatile stock with a 0.90 beta — it tends to amplify market swings less than MDXG's 1.22 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.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.90x | 1.22x |
| 52-Week HighHighest price in past year | $45.75 | $7.99 |
| 52-Week LowLowest price in past year | $9.22 | $3.02 |
| % of 52W HighCurrent price vs 52-week peak | +94.9% | +46.2% |
| RSI (14)Momentum oscillator 0–100 | 70.4 | 49.3 |
| Avg Volume (50D)Average daily shares traded | 968K | 1.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates AXGN as "Buy" and MDXG as "Buy". Consensus price targets imply 171.0% upside for MDXG (target: $10) vs 0.0% for AXGN (target: $43).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $43.43 | $10.00 |
| # AnalystsCovering analysts | 19 | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 2 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.6% |
MDXG leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). AXGN leads in 2 (Total Returns, Risk & Volatility).
AXGN vs MDXG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is AXGN or MDXG a better buy right now?
For growth investors, AxoGen, Inc.
(AXGN) is the stronger pick with 20. 2% revenue growth year-over-year, versus 20. 0% for MiMedx Group, Inc. (MDXG). MiMedx Group, Inc. (MDXG) offers the better valuation at 11. 5x trailing P/E (295. 2x 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.
02Which has the better valuation — AXGN or MDXG?
On forward P/E, AxoGen, Inc.
is actually cheaper at 89. 3x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — AXGN or MDXG?
Over the past 5 years, AxoGen, Inc.
(AXGN) delivered a total return of +84. 7%, compared to -62. 9% for MiMedx Group, Inc. (MDXG). Over 10 years, the gap is even starker: AXGN returned +647. 2% versus MDXG's -48. 5%. 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 — AXGN or MDXG?
By beta (market sensitivity over 5 years), AxoGen, Inc.
(AXGN) is the lower-risk stock at 0. 90β versus MiMedx Group, Inc. 's 1. 22β — meaning MDXG is approximately 35% 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 15% for AxoGen, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — AXGN or MDXG?
By revenue growth (latest reported year), AxoGen, Inc.
(AXGN) is pulling ahead at 20. 2% versus 20. 0% for MiMedx Group, Inc. (MDXG). On earnings-per-share growth, the picture is similar: MiMedx Group, Inc. grew EPS 14. 3% 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.
06Which has better profit margins — AXGN or MDXG?
MiMedx Group, Inc.
(MDXG) is the more profitable company, earning 11. 6% net margin versus -7. 0% for AxoGen, Inc. — 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 -3. 5% for AXGN. 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.
07Is AXGN or MDXG more undervalued right now?
On forward earnings alone, AxoGen, Inc.
(AXGN) trades at 89. 3x forward P/E versus 295. 2x for MiMedx Group, Inc. — 205. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MDXG: 171. 0% to $10. 00.
08Which pays a better dividend — AXGN or MDXG?
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.
09Is AXGN or MDXG 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). Both have compounded well over 10 years (AXGN: +647. 2%, MDXG: -48. 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 AXGN and MDXG?
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.
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