Medical - Instruments & Supplies
Compare Stocks
2 / 10Stock Comparison
HBIO vs MLAB
Revenue, margins, valuation, and 5-year total return — side by side.
Hardware, Equipment & Parts
HBIO vs MLAB — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Instruments & Supplies | Hardware, Equipment & Parts |
| Market Cap | $304M | $586M |
| Revenue (TTM) | $87M | $248M |
| Net Income (TTM) | $-57M | $4M |
| Gross Margin | 53.0% | 60.6% |
| Operating Margin | -0.7% | 7.0% |
| Forward P/E | — | 11.7x |
| Total Debt | $36M | $181M |
| Cash & Equiv. | $9M | $27M |
HBIO vs MLAB — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Harvard Bioscience,… (HBIO) | 100 | 25.7 | -74.3% |
| Mesa Laboratories, … (MLAB) | 100 | 40.2 | -59.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: HBIO vs MLAB
Each card shows where this stock fits in a portfolio — not just who wins on paper.
HBIO is the clearest fit if your priority is income & stability.
- Dividend streak 0 yrs, beta 2.03
- +126.3% vs MLAB's -11.2%
MLAB carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 11.5%, EPS growth 99.2%, 3Y rev CAGR 9.3%
- 4.5% 10Y total return vs HBIO's -76.2%
- Lower volatility, beta 1.78, current ratio 0.63x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.5% revenue growth vs HBIO's -8.1% | |
| Value | Better valuation composite | |
| Quality / Margins | 1.5% margin vs HBIO's -65.5% | |
| Stability / Safety | Beta 1.78 vs HBIO's 2.03, lower leverage | |
| Dividends | 0.6% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | +126.3% vs MLAB's -11.2% | |
| Efficiency (ROA) | 0.9% ROA vs HBIO's -71.3%, ROIC 3.7% vs -0.7% |
HBIO vs MLAB — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
HBIO vs MLAB — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MLAB leads this category, winning 5 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
MLAB is the larger business by revenue, generating $248M annually — 2.9x HBIO's $87M. MLAB is the more profitable business, keeping 1.5% of every revenue dollar as net income compared to HBIO's -65.5%. On growth, MLAB holds the edge at +3.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $87M | $248M |
| EBITDAEarnings before interest/tax | $5M | $37M |
| Net IncomeAfter-tax profit | -$57M | $4M |
| Free Cash FlowCash after capex | $5M | $38M |
| Gross MarginGross profit ÷ Revenue | +53.0% | +60.6% |
| Operating MarginEBIT ÷ Revenue | -0.7% | +7.0% |
| Net MarginNet income ÷ Revenue | -65.5% | +1.5% |
| FCF MarginFCF ÷ Revenue | +5.9% | +15.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | -3.3% | +3.6% |
| EPS Growth (YoY)Latest quarter vs prior year | — | +3.1% |
Valuation Metrics
MLAB leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, MLAB's 18.1x EV/EBITDA is more attractive than HBIO's 62.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $304M | $586M |
| Enterprise ValueMkt cap + debt − cash | $331M | $740M |
| Trailing P/EPrice ÷ TTM EPS | -5.30x | -294.78x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 11.71x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 62.25x | 18.12x |
| Price / SalesMarket cap ÷ Revenue | 3.51x | 2.43x |
| Price / BookPrice ÷ Book value/share | 21.95x | 3.60x |
| Price / FCFMarket cap ÷ FCF | 54.08x | 13.86x |
Profitability & Efficiency
MLAB leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
MLAB delivers a 2.0% return on equity — every $100 of shareholder capital generates $2 in annual profit, vs $-4 for HBIO. MLAB carries lower financial leverage with a 1.14x debt-to-equity ratio, signaling a more conservative balance sheet compared to HBIO's 2.61x. On the Piotroski fundamental quality scale (0–9), MLAB scores 6/9 vs HBIO's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -3.9% | +2.0% |
| ROA (TTM)Return on assets | -71.3% | +0.9% |
| ROICReturn on invested capital | -0.7% | +3.7% |
| ROCEReturn on capital employed | -1.0% | +4.9% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 2.61x | 1.14x |
| Net DebtTotal debt minus cash | $27M | $154M |
| Cash & Equiv.Liquid assets | $9M | $27M |
| Total DebtShort + long-term debt | $36M | $181M |
| Interest CoverageEBIT ÷ Interest expense | -0.13x | 2.36x |
Total Returns (Dividends Reinvested)
MLAB leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MLAB five years ago would be worth $4,350 today (with dividends reinvested), compared to $925 for HBIO. Over the past 12 months, HBIO leads with a +126.3% total return vs MLAB's -11.2%. The 3-year compound annual growth rate (CAGR) favors MLAB at -12.5% vs HBIO's -51.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +4.1% | +33.8% |
| 1-Year ReturnPast 12 months | +126.3% | -11.2% |
| 3-Year ReturnCumulative with dividends | -88.5% | -33.0% |
| 5-Year ReturnCumulative with dividends | -90.7% | -56.5% |
| 10-Year ReturnCumulative with dividends | -76.2% | +4.5% |
| CAGR (3Y)Annualised 3-year return | -51.4% | -12.5% |
Risk & Volatility
MLAB leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MLAB is the less volatile stock with a 1.78 beta — it tends to amplify market swings less than HBIO's 2.03 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MLAB currently trades 80.9% from its 52-week high vs HBIO's 71.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.03x | 1.78x |
| 52-Week HighHighest price in past year | $9.46 | $131.20 |
| 52-Week LowLowest price in past year | $0.59 | $55.45 |
| % of 52W HighCurrent price vs 52-week peak | +71.8% | +80.9% |
| RSI (14)Momentum oscillator 0–100 | 65.8 | 66.1 |
| Avg Volume (50D)Average daily shares traded | 59K | 123K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates HBIO as "Buy" and MLAB as "Hold". Consensus price targets imply -11.4% upside for MLAB (target: $94) vs -11.6% for HBIO (target: $6). MLAB is the only dividend payer here at 0.60% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $6.00 | $94.00 |
| # AnalystsCovering analysts | 5 | 8 |
| Dividend YieldAnnual dividend ÷ price | — | +0.6% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | — | $0.64 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
MLAB leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.
HBIO vs MLAB: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is HBIO or MLAB a better buy right now?
For growth investors, Mesa Laboratories, Inc.
(MLAB) is the stronger pick with 11. 5% revenue growth year-over-year, versus -8. 1% for Harvard Bioscience, Inc. (HBIO). Analysts rate Harvard Bioscience, Inc. (HBIO) a "Buy" — based on 5 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 — HBIO or MLAB?
Over the past 5 years, Mesa Laboratories, Inc.
(MLAB) delivered a total return of -56. 5%, compared to -90. 7% for Harvard Bioscience, Inc. (HBIO). Over 10 years, the gap is even starker: MLAB returned +4. 5% versus HBIO's -76. 2%. 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 — HBIO or MLAB?
By beta (market sensitivity over 5 years), Mesa Laboratories, Inc.
(MLAB) is the lower-risk stock at 1. 78β versus Harvard Bioscience, Inc. 's 2. 03β — meaning HBIO is approximately 14% more volatile than MLAB relative to the S&P 500. On balance sheet safety, Mesa Laboratories, Inc. (MLAB) carries a lower debt/equity ratio of 114% versus 3% for Harvard Bioscience, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — HBIO or MLAB?
By revenue growth (latest reported year), Mesa Laboratories, Inc.
(MLAB) is pulling ahead at 11. 5% versus -8. 1% for Harvard Bioscience, Inc. (HBIO). On earnings-per-share growth, the picture is similar: Mesa Laboratories, Inc. grew EPS 99. 2% year-over-year, compared to -357. 1% for Harvard Bioscience, Inc.. Over a 3-year CAGR, MLAB leads at 9. 3% 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 — HBIO or MLAB?
Mesa Laboratories, Inc.
(MLAB) is the more profitable company, earning -0. 8% net margin versus -65. 5% for Harvard Bioscience, Inc. — meaning it keeps -0. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MLAB leads at 6. 8% versus -0. 7% for HBIO. At the gross margin level — before operating expenses — MLAB leads at 62. 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.
06Is HBIO or MLAB more undervalued right now?
Analyst consensus price targets imply the most upside for MLAB: -11.
4% to $94. 00.
07Which pays a better dividend — HBIO or MLAB?
In this comparison, MLAB (0.
6% yield) pays a dividend. HBIO does not pay a meaningful dividend and should not be held primarily for income.
08Is HBIO or MLAB better for a retirement portfolio?
For long-horizon retirement investors, Mesa Laboratories, Inc.
(MLAB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0. 6% yield). Harvard Bioscience, Inc. (HBIO) carries a higher beta of 2. 03 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MLAB: +4. 5%, HBIO: -76. 2%), 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.
09What are the main differences between HBIO and MLAB?
These companies operate in different sectors (HBIO (Healthcare) and MLAB (Technology)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
MLAB pays a dividend while HBIO does 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.
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.