Medical - Instruments & Supplies
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4 / 10Stock Comparison
NVCR vs IDXX vs HOLX vs MASI
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
Medical - Instruments & Supplies
Medical - Instruments & Supplies
NVCR vs IDXX vs HOLX vs MASI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Medical - Instruments & Supplies | Medical - Diagnostics & Research | Medical - Instruments & Supplies | Medical - Instruments & Supplies |
| Market Cap | $1.92B | $45.45B | $16.97B | $9.35B |
| Revenue (TTM) | $674M | $4.45B | $4.13B | $1.56B |
| Net Income (TTM) | $-173M | $1.10B | $544M | $76M |
| Gross Margin | 75.2% | 62.1% | 52.8% | 61.7% |
| Operating Margin | -27.2% | 31.6% | 17.5% | 19.9% |
| Forward P/E | — | 39.5x | 17.2x | 32.5x |
| Total Debt | $290M | $1.08B | $2.63B | $559M |
| Cash & Equiv. | $103M | $180M | $1.96B | $152M |
NVCR vs IDXX vs HOLX vs MASI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| NovoCure Limited (NVCR) | 100 | 25.0 | -75.0% |
| IDEXX Laboratories,… (IDXX) | 100 | 185.2 | +85.2% |
| Hologic, Inc. (HOLX) | 100 | 142.6 | +42.6% |
| Masimo Corporation (MASI) | 100 | 74.3 | -25.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NVCR vs IDXX vs HOLX vs MASI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NVCR plays a supporting role in this comparison — it may shine differently against other peers.
IDXX carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 10.4%, EPS growth 22.6%, 3Y rev CAGR 8.5%
- 5.6% 10Y total return vs HOLX's 124.3%
- 10.4% revenue growth vs MASI's -27.1%
- 24.6% margin vs NVCR's -25.7%
HOLX is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- beta 0.41
- Lower volatility, beta 0.41, Low D/E 52.0%, current ratio 3.75x
- Beta 0.41, current ratio 3.75x
- Lower P/E (17.2x vs 32.5x)
MASI lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 10.4% revenue growth vs MASI's -27.1% | |
| Value | Lower P/E (17.2x vs 32.5x) | |
| Quality / Margins | 24.6% margin vs NVCR's -25.7% | |
| Stability / Safety | Beta 0.41 vs NVCR's 2.20, lower leverage | |
| Dividends | Tie | None of these 4 stocks pay a meaningful dividend |
| Momentum (1Y) | +37.1% vs NVCR's +1.1% | |
| Efficiency (ROA) | 32.6% ROA vs NVCR's -16.5%, ROIC 42.5% vs -16.4% |
NVCR vs IDXX vs HOLX vs MASI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
NVCR vs IDXX vs HOLX vs MASI — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
IDXX leads in 3 of 6 categories
HOLX leads 2 • NVCR leads 0 • MASI leads 0
Explore the data ↓Income & Cash Flow (Last 12 Months)
IDXX leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IDXX is the larger business by revenue, generating $4.4B annually — 6.6x NVCR's $674M. IDXX is the more profitable business, keeping 24.6% of every revenue dollar as net income compared to NVCR's -25.7%. On growth, IDXX holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $674M | $4.4B | $4.1B | $1.6B |
| EBITDAEarnings before interest/tax | -$165M | $1.5B | $974M | $340M |
| Net IncomeAfter-tax profit | -$173M | $1.1B | $544M | $76M |
| Free Cash FlowCash after capex | -$48M | $845M | $1000M | $211M |
| Gross MarginGross profit ÷ Revenue | +75.2% | +62.1% | +52.8% | +61.7% |
| Operating MarginEBIT ÷ Revenue | -27.2% | +31.6% | +17.5% | +19.9% |
| Net MarginNet income ÷ Revenue | -25.7% | +24.6% | +13.2% | +4.9% |
| FCF MarginFCF ÷ Revenue | -7.1% | +19.0% | +24.2% | +13.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.3% | +14.3% | +2.5% | +8.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -100.0% | +16.6% | -9.2% | +134.4% |
Valuation Metrics
HOLX leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 30.5x trailing earnings, HOLX trades at a 30% valuation discount to IDXX's 43.7x P/E. On an enterprise value basis, HOLX's 17.4x EV/EBITDA is more attractive than IDXX's 31.6x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $1.9B | $45.4B | $17.0B | $9.3B |
| Enterprise ValueMkt cap + debt − cash | $2.1B | $46.3B | $17.6B | $9.8B |
| Trailing P/EPrice ÷ TTM EPS | -13.80x | 43.75x | 30.53x | -63.75x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 39.45x | 17.21x | 32.46x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.06x | — | — |
| EV / EBITDAEnterprise value multiple | — | 31.60x | 17.39x | 27.74x |
| Price / SalesMarket cap ÷ Revenue | 2.92x | 10.56x | 4.14x | 6.12x |
| Price / BookPrice ÷ Book value/share | 5.51x | 28.75x | 3.43x | 13.41x |
| Price / FCFMarket cap ÷ FCF | — | 43.14x | 18.44x | 47.26x |
Profitability & Efficiency
IDXX leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
IDXX delivers a 70.9% return on equity — every $100 of shareholder capital generates $71 in annual profit, vs $-51 for NVCR. HOLX carries lower financial leverage with a 0.52x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), IDXX scores 7/9 vs NVCR's 5/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -50.8% | +70.9% | +11.0% | +9.1% |
| ROA (TTM)Return on assets | -16.5% | +32.6% | +6.1% | +4.0% |
| ROICReturn on invested capital | -16.4% | +42.5% | +9.4% | +16.5% |
| ROCEReturn on capital employed | -28.9% | +61.4% | +8.8% | +18.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 | 7 | 6 |
| Debt / EquityFinancial leverage | 0.85x | 0.67x | 0.52x | 0.78x |
| Net DebtTotal debt minus cash | $187M | $897M | $667M | $407M |
| Cash & Equiv.Liquid assets | $103M | $180M | $2.0B | $152M |
| Total DebtShort + long-term debt | $290M | $1.1B | $2.6B | $559M |
| Interest CoverageEBIT ÷ Interest expense | -96.80x | 35.55x | 8.00x | 12.50x |
Total Returns (Dividends Reinvested)
IDXX leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in HOLX five years ago would be worth $11,582 today (with dividends reinvested), compared to $875 for NVCR. Over the past 12 months, HOLX leads with a +37.1% total return vs NVCR's +1.1%. The 3-year compound annual growth rate (CAGR) favors IDXX at 5.6% vs NVCR's -37.6% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +28.3% | -14.6% | +1.9% | +40.1% |
| 1-Year ReturnPast 12 months | +1.1% | +17.6% | +37.1% | +18.9% |
| 3-Year ReturnCumulative with dividends | -75.7% | +17.9% | -8.5% | -4.9% |
| 5-Year ReturnCumulative with dividends | -91.3% | +5.1% | +15.8% | -20.4% |
| 10-Year ReturnCumulative with dividends | +30.3% | +556.2% | +124.3% | +282.9% |
| CAGR (3Y)Annualised 3-year return | -37.6% | +5.6% | -2.9% | -1.7% |
Risk & Volatility
HOLX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
HOLX is the less volatile stock with a 0.41 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. HOLX currently trades 100.0% from its 52-week high vs IDXX's 74.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.20x | 1.35x | 0.41x | 0.63x |
| 52-Week HighHighest price in past year | $20.06 | $769.98 | $76.04 | $179.10 |
| 52-Week LowLowest price in past year | $9.82 | $471.74 | $52.81 | $125.94 |
| % of 52W HighCurrent price vs 52-week peak | +83.9% | +74.3% | +100.0% | +99.7% |
| RSI (14)Momentum oscillator 0–100 | 69.8 | 52.1 | 69.1 | 63.8 |
| Avg Volume (50D)Average daily shares traded | 1.5M | 533K | 10.0M | 1.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: NVCR as "Buy", IDXX as "Buy", HOLX as "Hold", MASI as "Buy". Consensus price targets imply 99.0% upside for NVCR (target: $34) vs 3.9% for HOLX (target: $79).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $33.50 | $773.13 | $79.00 | $187.50 |
| # AnalystsCovering analysts | 15 | 22 | 42 | 23 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | 0 |
| Dividend / ShareAnnual DPS | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +2.7% | +4.4% | +3.9% |
IDXX leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). HOLX leads in 2 (Valuation Metrics, Risk & Volatility).
NVCR vs IDXX vs HOLX vs MASI: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NVCR or IDXX or HOLX or MASI a better buy right now?
For growth investors, IDEXX Laboratories, Inc.
(IDXX) is the stronger pick with 10. 4% revenue growth year-over-year, versus -27. 1% for Masimo Corporation (MASI). Hologic, Inc. (HOLX) offers the better valuation at 30. 5x trailing P/E (17. 2x forward), 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 — NVCR or IDXX or HOLX or MASI?
On trailing P/E, Hologic, Inc.
(HOLX) is the cheapest at 30. 5x versus IDEXX Laboratories, Inc. at 43. 7x. On forward P/E, Hologic, Inc. is actually cheaper at 17. 2x.
03Which is the better long-term investment — NVCR or IDXX or HOLX or MASI?
Over the past 5 years, Hologic, Inc.
(HOLX) delivered a total return of +15. 8%, compared to -91. 3% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: IDXX returned +556. 2% versus NVCR's +30. 3%. 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 — NVCR or IDXX or HOLX or MASI?
By beta (market sensitivity over 5 years), Hologic, Inc.
(HOLX) is the lower-risk stock at 0. 41β versus NovoCure Limited's 2. 20β — meaning NVCR is approximately 437% more volatile than HOLX relative to the S&P 500. On balance sheet safety, Hologic, Inc. (HOLX) carries a lower debt/equity ratio of 52% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
05Which is growing faster — NVCR or IDXX or HOLX or MASI?
By revenue growth (latest reported year), IDEXX Laboratories, Inc.
(IDXX) is pulling ahead at 10. 4% versus -27. 1% for Masimo Corporation (MASI). On earnings-per-share growth, the picture is similar: Masimo Corporation grew EPS 51. 0% year-over-year, compared to -25. 0% for Hologic, Inc.. Over a 3-year CAGR, IDXX leads at 8. 5% 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 — NVCR or IDXX or HOLX or MASI?
IDEXX Laboratories, Inc.
(IDXX) is the more profitable company, earning 24. 6% net margin versus -20. 8% for NovoCure Limited — meaning it keeps 24. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IDXX leads at 31. 6% versus -23. 5% for NVCR. 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 NVCR or IDXX or HOLX or MASI more undervalued right now?
On forward earnings alone, Hologic, Inc.
(HOLX) trades at 17. 2x forward P/E versus 39. 5x for IDEXX Laboratories, Inc. — 22. 2x 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 — NVCR or IDXX or HOLX or MASI?
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 NVCR or IDXX or HOLX or MASI better for a retirement portfolio?
For long-horizon retirement investors, Hologic, Inc.
(HOLX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 41), +124. 3% 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 (HOLX: +124. 3%, 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 NVCR and IDXX and HOLX and MASI?
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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