Medical - Devices
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5 / 10Stock Comparison
ICCM vs NVCR vs XTNT vs MDT vs BSX
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
Medical - Devices
Medical - Devices
Medical - Devices
ICCM vs NVCR vs XTNT vs MDT vs BSX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Instruments & Supplies | Medical - Devices | Medical - Devices | Medical - Devices |
| Market Cap | $10M | $1.84B | $65M | $100.08B | $70.88B |
| Revenue (TTM) | $4M | $674M | $122M | $35.48B | $20.07B |
| Net Income (TTM) | $-16M | $-173M | $2M | $4.61B | $2.89B |
| Gross Margin | 36.5% | 75.2% | 62.3% | 61.9% | 69.0% |
| Operating Margin | -8.4% | -27.2% | 2.7% | 17.9% | 19.8% |
| Forward P/E | — | — | 15.3x | 14.8x | 14.4x |
| Total Debt | $217K | $290M | $29M | $28.52B | $12.42B |
| Cash & Equiv. | $9M | $103M | $17M | $2.22B | $2.04B |
ICCM vs NVCR vs XTNT vs MDT vs BSX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Aug 21 | Jun 26 | Return |
|---|---|---|---|
| IceCure Medical Ltd (ICCM) | 100 | 49.0 | -51.0% |
| NovoCure Limited (NVCR) | 100 | 13.4 | -86.6% |
| Xtant Medical Holdi… (XTNT) | 100 | 36.5 | -63.5% |
| Medtronic plc (MDT) | 100 | 61.4 | -38.6% |
| Boston Scientific C… (BSX) | 100 | 108.2 | +8.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ICCM vs NVCR vs XTNT vs MDT vs BSX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ICCM lags the leaders in this set but could rank higher in a more targeted comparison.
NVCR is the #2 pick in this set and the best alternative if momentum is your priority.
- -5.2% vs ICCM's -85.1%
XTNT is the clearest fit if your priority is growth exposure and defensive.
- Rev growth 14.2%, EPS growth 125.0%, 3Y rev CAGR 32.2%
- Beta 0.70, current ratio 2.65x
MDT ranks third and is worth considering specifically for income & stability.
- Dividend streak 36 yrs, beta 0.34, yield 3.6%
- 3.6% yield; 36-year raise streak; the other 4 pay no meaningful dividend
BSX carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.
- 109.2% 10Y total return vs MDT's 22.5%
- Lower volatility, beta 0.26, Low D/E 50.7%, current ratio 1.62x
- 19.9% revenue growth vs ICCM's 2.7%
- Lower P/E (14.4x vs 14.8x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 19.9% revenue growth vs ICCM's 2.7% | |
| Value | Lower P/E (14.4x vs 14.8x) | |
| Quality / Margins | 14.4% margin vs ICCM's -441.6% | |
| Stability / Safety | Beta 0.26 vs NVCR's 2.24, lower leverage | |
| Dividends | 3.6% yield; 36-year raise streak; the other 4 pay no meaningful dividend | |
| Momentum (1Y) | -5.2% vs ICCM's -85.1% | |
| Efficiency (ROA) | 6.9% ROA vs ICCM's -119.1%, ROIC 8.8% vs -135.6% |
ICCM vs NVCR vs XTNT vs MDT vs BSX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
ICCM vs NVCR vs XTNT vs MDT vs BSX — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
BSX leads in 2 of 6 categories
XTNT leads 1 • MDT leads 1 • ICCM leads 0 • NVCR leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
BSX leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MDT is the larger business by revenue, generating $35.5B annually — 9953.4x ICCM's $4M. BSX is the more profitable business, keeping 14.4% of every revenue dollar as net income compared to ICCM's -4.4%. On growth, ICCM holds the edge at +25.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $4M | $674M | $122M | $35.5B | $20.1B |
| EBITDAEarnings before interest/tax | -$29M | -$165M | $8M | $9.4B | $4.7B |
| Net IncomeAfter-tax profit | -$16M | -$173M | $2M | $4.6B | $2.9B |
| Free Cash FlowCash after capex | -$15M | -$48M | $8M | $5.4B | $3.6B |
| Gross MarginGross profit ÷ Revenue | +36.5% | +75.2% | +62.3% | +61.9% | +69.0% |
| Operating MarginEBIT ÷ Revenue | -8.4% | -27.2% | +2.7% | +17.9% | +19.8% |
| Net MarginNet income ÷ Revenue | -4.4% | -25.7% | +1.5% | +13.0% | +14.4% |
| FCF MarginFCF ÷ Revenue | -4.3% | -7.1% | +6.4% | +15.2% | +18.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +25.7% | +12.3% | -36.5% | +8.8% | +15.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +6.6% | -100.0% | — | -11.9% | +18.5% |
Valuation Metrics
XTNT leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 15.3x trailing earnings, XTNT trades at a 38% valuation discount to BSX's 24.6x P/E. On an enterprise value basis, XTNT's 6.1x EV/EBITDA is more attractive than BSX's 21.8x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $10M | $1.8B | $65M | $100.1B | $70.9B |
| Enterprise ValueMkt cap + debt − cash | $2M | $2.0B | $76M | $126.4B | $81.2B |
| Trailing P/EPrice ÷ TTM EPS | -0.63x | -13.24x | 15.34x | 21.59x | 24.58x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | 14.85x | 14.45x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 37.84x | — |
| EV / EBITDAEnterprise value multiple | — | — | 6.09x | 14.33x | 21.77x |
| Price / SalesMarket cap ÷ Revenue | 3.02x | 2.80x | 0.48x | 2.98x | 3.53x |
| Price / BookPrice ÷ Book value/share | 1.07x | 5.29x | 1.35x | 2.08x | 2.91x |
| Price / FCFMarket cap ÷ FCF | — | — | 6.35x | 19.30x | 19.38x |
Profitability & Efficiency
BSX leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
BSX delivers a 12.4% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $-2 for ICCM. ICCM 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), XTNT scores 8/9 vs ICCM's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -2.1% | -50.8% | +3.7% | +9.5% | +12.4% |
| ROA (TTM)Return on assets | -119.1% | -16.5% | +1.9% | +5.0% | +6.9% |
| ROICReturn on invested capital | -135.6% | -16.4% | +8.1% | +6.0% | +8.8% |
| ROCEReturn on capital employed | -187.2% | -28.9% | +11.2% | +7.5% | +11.1% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 | 8 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.02x | 0.85x | 0.56x | 0.59x | 0.51x |
| Net DebtTotal debt minus cash | -$9M | $187M | $12M | $26.3B | $10.4B |
| Cash & Equiv.Liquid assets | $9M | $103M | $17M | $2.2B | $2.0B |
| Total DebtShort + long-term debt | $217,000 | $290M | $29M | $28.5B | $12.4B |
| Interest CoverageEBIT ÷ Interest expense | -313.68x | -96.80x | 2.07x | 8.81x | 11.03x |
Total Returns (Dividends Reinvested)
Evenly matched — NVCR and MDT and BSX each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BSX five years ago would be worth $11,533 today (with dividends reinvested), compared to $139 for ICCM. Over the past 12 months, NVCR leads with a -5.2% total return vs ICCM's -85.1%. The 3-year compound annual growth rate (CAGR) favors MDT at 1.0% vs ICCM's -48.2% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -75.9% | +23.1% | -38.7% | -18.1% | -49.6% |
| 1-Year ReturnPast 12 months | -85.1% | -5.2% | -31.9% | -5.6% | -53.7% |
| 3-Year ReturnCumulative with dividends | -86.1% | -80.4% | -31.3% | +3.1% | -7.2% |
| 5-Year ReturnCumulative with dividends | -98.6% | -92.1% | -71.1% | -25.6% | +15.3% |
| 10-Year ReturnCumulative with dividends | -98.6% | +49.1% | -98.2% | +22.5% | +109.2% |
| CAGR (3Y)Annualised 3-year return | -48.2% | -41.9% | -11.8% | +1.0% | -2.5% |
Risk & Volatility
Evenly matched — NVCR and BSX each lead in 1 of 2 comparable metrics.
Risk & Volatility
BSX is the less volatile stock with a 0.26 beta — it tends to amplify market swings less than NVCR's 2.24 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NVCR currently trades 83.9% from its 52-week high vs ICCM's 10.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.85x | 2.24x | 0.70x | 0.34x | 0.26x |
| 52-Week HighHighest price in past year | $1.40 | $19.25 | $0.95 | $106.33 | $109.50 |
| 52-Week LowLowest price in past year | $0.13 | $9.82 | $0.44 | $73.31 | $47.16 |
| % of 52W HighCurrent price vs 52-week peak | +10.8% | +83.9% | +48.4% | +73.3% | +43.6% |
| RSI (14)Momentum oscillator 0–100 | 17.5 | 46.4 | 40.7 | 31.2 | 27.6 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 1.4M | 157K | 8.8M | 18.6M |
Analyst Outlook
MDT leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: NVCR as "Buy", MDT as "Buy", BSX as "Buy". Consensus price targets imply 107.4% upside for NVCR (target: $34) vs 37.6% for MDT (target: $107). MDT is the only dividend payer here at 3.57% yield — a key consideration for income-focused portfolios.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy | — | Buy | Buy |
| Price TargetConsensus 12-month target | — | $33.50 | — | $107.25 | $87.37 |
| # AnalystsCovering analysts | — | 15 | — | 49 | 44 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | +3.6% | — |
| Dividend StreakConsecutive years of raises | — | — | — | 36 | 0 |
| Dividend / ShareAnnual DPS | — | — | — | $2.78 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.1% | +3.2% | 0.0% |
BSX leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). XTNT leads in 1 (Valuation Metrics). 2 tied.
ICCM vs NVCR vs XTNT vs MDT vs BSX: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is ICCM or NVCR or XTNT or MDT or BSX a better buy right now?
For growth investors, Boston Scientific Corporation (BSX) is the stronger pick with 19.
9% revenue growth year-over-year, versus 2. 7% for IceCure Medical Ltd (ICCM). Xtant Medical Holdings, Inc. (XTNT) offers the better valuation at 15. 3x trailing P/E, making it the more compelling value choice. Analysts rate NovoCure Limited (NVCR) a "Buy" — based on 15 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 — ICCM or NVCR or XTNT or MDT or BSX?
On trailing P/E, Xtant Medical Holdings, Inc.
(XTNT) is the cheapest at 15. 3x versus Boston Scientific Corporation at 24. 6x. On forward P/E, Boston Scientific Corporation is actually cheaper at 14. 4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — ICCM or NVCR or XTNT or MDT or BSX?
Over the past 5 years, Boston Scientific Corporation (BSX) delivered a total return of +15.
3%, compared to -98. 6% for IceCure Medical Ltd (ICCM). Over 10 years, the gap is even starker: BSX returned +114. 7% versus XTNT's -98. 2%. 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 — ICCM or NVCR or XTNT or MDT or BSX?
By beta (market sensitivity over 5 years), Boston Scientific Corporation (BSX) is the lower-risk stock at 0.
26β versus NovoCure Limited's 2. 24β — meaning NVCR is approximately 765% more volatile than BSX relative to the S&P 500. On balance sheet safety, IceCure Medical Ltd (ICCM) carries a lower debt/equity ratio of 2% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
05Which is growing faster — ICCM or NVCR or XTNT or MDT or BSX?
By revenue growth (latest reported year), Boston Scientific Corporation (BSX) is pulling ahead at 19.
9% versus 2. 7% for IceCure Medical Ltd (ICCM). On earnings-per-share growth, the picture is similar: Xtant Medical Holdings, Inc. grew EPS 125. 0% year-over-year, compared to 20. 0% for IceCure Medical Ltd. Over a 3-year CAGR, XTNT leads at 32. 2% 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 — ICCM or NVCR or XTNT or MDT or BSX?
Boston Scientific Corporation (BSX) is the more profitable company, earning 14.
4% net margin versus -445. 6% for IceCure Medical Ltd — meaning it keeps 14. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BSX leads at 19. 8% versus -446. 7% for ICCM. At the gross margin level — before operating expenses — NVCR leads at 74. 5%, 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 ICCM or NVCR or XTNT or MDT or BSX more undervalued right now?
On forward earnings alone, Boston Scientific Corporation (BSX) trades at 14.
4x forward P/E versus 14. 8x for Medtronic plc — 0. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NVCR: 107. 4% to $33. 50.
08Which pays a better dividend — ICCM or NVCR or XTNT or MDT or BSX?
In this comparison, MDT (3.
6% yield) pays a dividend. ICCM, NVCR, XTNT, BSX do not pay a meaningful dividend and should not be held primarily for income.
09Is ICCM or NVCR or XTNT or MDT or BSX better for a retirement portfolio?
For long-horizon retirement investors, Medtronic plc (MDT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
34), 3. 6% yield). NovoCure Limited (NVCR) carries a higher beta of 2. 24 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MDT: +26. 8%, NVCR: +51. 4%), 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 ICCM and NVCR and XTNT and MDT and BSX?
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: ICCM is a small-cap quality compounder stock; NVCR is a small-cap quality compounder stock; XTNT is a small-cap deep-value stock; MDT is a mid-cap income-oriented stock; BSX is a mid-cap high-growth stock. MDT pays a dividend while ICCM, NVCR, XTNT, BSX do 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.
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