Medical - Devices
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4 / 10Stock Comparison
IRMD vs ANGO vs NVCR vs MMSI
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
Medical - Instruments & Supplies
Medical - Instruments & Supplies
IRMD vs ANGO vs NVCR vs MMSI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Instruments & Supplies | Medical - Instruments & Supplies | Medical - Instruments & Supplies |
| Market Cap | $1.11B | $469M | $1.92B | $3.72B |
| Revenue (TTM) | $86M | $307M | $674M | $1.54B |
| Net Income (TTM) | $24M | $-28M | $-173M | $139M |
| Gross Margin | 76.8% | 53.7% | 75.2% | 48.7% |
| Operating Margin | 32.4% | -9.4% | -27.2% | 12.2% |
| Forward P/E | 42.9x | — | — | 15.5x |
| Total Debt | $0.00 | $0.00 | $290M | $898M |
| Cash & Equiv. | $51M | $56M | $103M | $449M |
IRMD vs ANGO vs NVCR vs MMSI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| IRadimed Corporation (IRMD) | 100 | 373.1 | +273.1% |
| AngioDynamics, Inc. (ANGO) | 100 | 110.4 | +10.4% |
| NovoCure Limited (NVCR) | 100 | 25.0 | -75.0% |
| Merit Medical Syste… (MMSI) | 100 | 138.5 | +38.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IRMD vs ANGO vs NVCR vs MMSI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
IRMD carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 14.4%, EPS growth 16.7%, 3Y rev CAGR 16.3%
- 433.9% 10Y total return vs MMSI's 214.6%
- 14.4% revenue growth vs ANGO's -3.8%
- 27.4% margin vs NVCR's -25.7%
ANGO plays a supporting role in this comparison — it may shine differently against other peers.
NVCR lags the leaders in this set but could rank higher in a more targeted comparison.
MMSI is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- beta 0.71
- Lower volatility, beta 0.71, Low D/E 56.7%, current ratio 4.34x
- Beta 0.71, current ratio 4.34x
- Better valuation composite
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 14.4% revenue growth vs ANGO's -3.8% | |
| Value | Better valuation composite | |
| Quality / Margins | 27.4% margin vs NVCR's -25.7% | |
| Stability / Safety | Beta 0.71 vs NVCR's 2.20, lower leverage | |
| Dividends | 1.3% yield; 4-year raise streak; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +72.4% vs MMSI's -33.8% | |
| Efficiency (ROA) | 21.3% ROA vs NVCR's -16.5%, ROIC 50.2% vs -16.4% |
IRMD vs ANGO vs NVCR vs MMSI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
IRMD vs ANGO vs NVCR vs MMSI — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
IRMD leads in 3 of 6 categories
MMSI leads 1 • ANGO leads 0 • NVCR leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
IRMD leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MMSI is the larger business by revenue, generating $1.5B annually — 17.9x IRMD's $86M. IRMD is the more profitable business, keeping 27.4% of every revenue dollar as net income compared to NVCR's -25.7%. On growth, IRMD holds the edge at +12.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $86M | $307M | $674M | $1.5B |
| EBITDAEarnings before interest/tax | $30M | -$5M | -$165M | $290M |
| Net IncomeAfter-tax profit | $24M | -$28M | -$173M | $139M |
| Free Cash FlowCash after capex | $24M | -$9M | -$48M | $274M |
| Gross MarginGross profit ÷ Revenue | +76.8% | +53.7% | +75.2% | +48.7% |
| Operating MarginEBIT ÷ Revenue | +32.4% | -9.4% | -27.2% | +12.2% |
| Net MarginNet income ÷ Revenue | +27.4% | -9.0% | -25.7% | +9.0% |
| FCF MarginFCF ÷ Revenue | +27.9% | -3.0% | -7.1% | +17.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.7% | +9.0% | +12.3% | +7.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +21.6% | +42.3% | -100.0% | +38.8% |
Valuation Metrics
MMSI leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 29.3x trailing earnings, MMSI trades at a 41% valuation discount to IRMD's 49.6x P/E. On an enterprise value basis, MMSI's 13.1x EV/EBITDA is more attractive than IRMD's 37.1x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $1.1B | $469M | $1.9B | $3.7B |
| Enterprise ValueMkt cap + debt − cash | $1.1B | $413M | $2.1B | $4.2B |
| Trailing P/EPrice ÷ TTM EPS | 49.57x | -13.58x | -13.80x | 29.26x |
| Forward P/EPrice ÷ next-FY EPS est. | 42.94x | — | — | 15.46x |
| PEG RatioP/E ÷ EPS growth rate | 0.67x | — | — | — |
| EV / EBITDAEnterprise value multiple | 37.07x | — | — | 13.06x |
| Price / SalesMarket cap ÷ Revenue | 13.23x | 1.60x | 2.92x | 2.45x |
| Price / BookPrice ÷ Book value/share | 11.78x | 2.52x | 5.51x | 2.38x |
| Price / FCFMarket cap ÷ FCF | 64.53x | — | — | 17.24x |
Profitability & Efficiency
IRMD leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
IRMD delivers a 24.5% return on equity — every $100 of shareholder capital generates $24 in annual profit, vs $-51 for NVCR. MMSI carries lower financial leverage with a 0.57x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), MMSI scores 6/9 vs NVCR's 5/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +24.5% | -15.7% | -50.8% | +8.9% |
| ROA (TTM)Return on assets | +21.3% | -10.3% | -16.5% | +5.2% |
| ROICReturn on invested capital | +50.2% | -22.9% | -16.4% | +7.2% |
| ROCEReturn on capital employed | +27.8% | -18.6% | -28.9% | +7.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 5 | 6 |
| Debt / EquityFinancial leverage | — | — | 0.85x | 0.57x |
| Net DebtTotal debt minus cash | -$51M | -$56M | $187M | $450M |
| Cash & Equiv.Liquid assets | $51M | $56M | $103M | $449M |
| Total DebtShort + long-term debt | $0 | $0 | $290M | $898M |
| Interest CoverageEBIT ÷ Interest expense | — | -258.19x | -96.80x | 10.74x |
Total Returns (Dividends Reinvested)
IRMD leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IRMD five years ago would be worth $31,411 today (with dividends reinvested), compared to $875 for NVCR. Over the past 12 months, IRMD leads with a +72.4% total return vs MMSI's -33.8%. The 3-year compound annual growth rate (CAGR) favors IRMD at 23.3% vs NVCR's -37.6% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -9.0% | -11.1% | +28.3% | -27.9% |
| 1-Year ReturnPast 12 months | +72.4% | +28.5% | +1.1% | -33.8% |
| 3-Year ReturnCumulative with dividends | +87.6% | +25.8% | -75.7% | -26.5% |
| 5-Year ReturnCumulative with dividends | +214.1% | -53.3% | -91.3% | -3.6% |
| 10-Year ReturnCumulative with dividends | +433.9% | -9.2% | +30.3% | +214.6% |
| CAGR (3Y)Annualised 3-year return | +23.3% | +7.9% | -37.6% | -9.8% |
Risk & Volatility
Evenly matched — NVCR and MMSI each lead in 1 of 2 comparable metrics.
Risk & Volatility
MMSI is the less volatile stock with a 0.71 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. NVCR currently trades 83.9% from its 52-week high vs MMSI's 62.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.85x | 1.32x | 2.20x | 0.71x |
| 52-Week HighHighest price in past year | $107.90 | $13.99 | $20.06 | $100.19 |
| 52-Week LowLowest price in past year | $50.61 | $8.36 | $9.82 | $59.74 |
| % of 52W HighCurrent price vs 52-week peak | +80.4% | +80.6% | +83.9% | +62.2% |
| RSI (14)Momentum oscillator 0–100 | 39.0 | 54.0 | 69.8 | 34.9 |
| Avg Volume (50D)Average daily shares traded | 91K | 395K | 1.5M | 769K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: IRMD as "Buy", ANGO as "Hold", NVCR as "Buy", MMSI as "Buy". Consensus price targets imply 99.0% upside for NVCR (target: $34) vs 38.3% for IRMD (target: $120). IRMD is the only dividend payer here at 1.35% yield — a key consideration for income-focused portfolios.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $120.00 | $16.50 | $33.50 | $95.00 |
| # AnalystsCovering analysts | 2 | 11 | 15 | 13 |
| Dividend YieldAnnual dividend ÷ price | +1.3% | — | — | — |
| Dividend StreakConsecutive years of raises | 4 | — | — | — |
| Dividend / ShareAnnual DPS | $1.17 | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.4% | 0.0% | 0.0% |
IRMD leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MMSI leads in 1 (Valuation Metrics). 1 tied.
IRMD vs ANGO vs NVCR vs MMSI: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is IRMD or ANGO or NVCR or MMSI a better buy right now?
For growth investors, IRadimed Corporation (IRMD) is the stronger pick with 14.
4% revenue growth year-over-year, versus -3. 8% for AngioDynamics, Inc. (ANGO). Merit Medical Systems, Inc. (MMSI) offers the better valuation at 29. 3x trailing P/E (15. 5x forward), making it the more compelling value choice. Analysts rate IRadimed Corporation (IRMD) a "Buy" — based on 2 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 — IRMD or ANGO or NVCR or MMSI?
On trailing P/E, Merit Medical Systems, Inc.
(MMSI) is the cheapest at 29. 3x versus IRadimed Corporation at 49. 6x. On forward P/E, Merit Medical Systems, Inc. is actually cheaper at 15. 5x.
03Which is the better long-term investment — IRMD or ANGO or NVCR or MMSI?
Over the past 5 years, IRadimed Corporation (IRMD) delivered a total return of +214.
1%, compared to -91. 3% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: IRMD returned +433. 9% versus ANGO's -9. 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 — IRMD or ANGO or NVCR or MMSI?
By beta (market sensitivity over 5 years), Merit Medical Systems, Inc.
(MMSI) is the lower-risk stock at 0. 71β versus NovoCure Limited's 2. 20β — meaning NVCR is approximately 210% more volatile than MMSI relative to the S&P 500. On balance sheet safety, Merit Medical Systems, Inc. (MMSI) carries a lower debt/equity ratio of 57% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
05Which is growing faster — IRMD or ANGO or NVCR or MMSI?
By revenue growth (latest reported year), IRadimed Corporation (IRMD) is pulling ahead at 14.
4% versus -3. 8% for AngioDynamics, Inc. (ANGO). On earnings-per-share growth, the picture is similar: AngioDynamics, Inc. grew EPS 81. 9% year-over-year, compared to 4. 9% for Merit Medical Systems, Inc.. Over a 3-year CAGR, IRMD leads at 16. 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.
06Which has better profit margins — IRMD or ANGO or NVCR or MMSI?
IRadimed Corporation (IRMD) is the more profitable company, earning 26.
8% net margin versus -20. 8% for NovoCure Limited — meaning it keeps 26. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IRMD leads at 31. 2% versus -23. 5% for NVCR. At the gross margin level — before operating expenses — IRMD leads at 76. 7%, 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 IRMD or ANGO or NVCR or MMSI more undervalued right now?
On forward earnings alone, Merit Medical Systems, Inc.
(MMSI) trades at 15. 5x forward P/E versus 42. 9x for IRadimed Corporation — 27. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NVCR: 99. 0% to $33. 50.
08Which pays a better dividend — IRMD or ANGO or NVCR or MMSI?
In this comparison, IRMD (1.
3% yield) pays a dividend. ANGO, NVCR, MMSI do not pay a meaningful dividend and should not be held primarily for income.
09Is IRMD or ANGO or NVCR or MMSI better for a retirement portfolio?
For long-horizon retirement investors, IRadimed Corporation (IRMD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
85), 1. 3% yield, +433. 9% 10Y return). NovoCure Limited (NVCR) carries a higher beta of 2. 20 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (IRMD: +433. 9%, NVCR: +30. 3%), 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 IRMD and ANGO and NVCR and MMSI?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
IRMD pays a dividend while ANGO, NVCR, MMSI 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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