Medical - Instruments & Supplies
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NVCR vs ISRG
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
NVCR vs ISRG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Instruments & Supplies | Medical - Instruments & Supplies |
| Market Cap | $1.81B | $160.32B |
| Revenue (TTM) | $674M | $10.58B |
| Net Income (TTM) | $-173M | $2.98B |
| Gross Margin | 75.2% | 66.3% |
| Operating Margin | -27.2% | 30.5% |
| Forward P/E | — | 43.6x |
| Total Debt | $290M | $303M |
| Cash & Equiv. | $103M | $3.37B |
NVCR vs ISRG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| NovoCure Limited (NVCR) | 100 | 23.6 | -76.4% |
| Intuitive Surgical,… (ISRG) | 100 | 233.5 | +133.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NVCR vs ISRG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NVCR is the clearest fit if your priority is momentum.
- -10.6% vs ISRG's -15.1%
ISRG carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.02
- Rev growth 20.5%, EPS growth 22.6%, 3Y rev CAGR 17.4%
- 5.6% 10Y total return vs NVCR's 40.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 20.5% revenue growth vs NVCR's 8.3% | |
| Quality / Margins | 28.2% margin vs NVCR's -25.7% | |
| Stability / Safety | Beta 1.02 vs NVCR's 2.20, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -10.6% vs ISRG's -15.1% | |
| Efficiency (ROA) | 14.8% ROA vs NVCR's -16.5%, ROIC 15.0% vs -16.4% |
NVCR vs ISRG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
NVCR vs ISRG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ISRG leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ISRG is the larger business by revenue, generating $10.6B annually — 15.7x NVCR's $674M. ISRG is the more profitable business, keeping 28.2% of every revenue dollar as net income compared to NVCR's -25.7%. On growth, ISRG holds the edge at +23.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $674M | $10.6B |
| EBITDAEarnings before interest/tax | -$165M | $3.8B |
| Net IncomeAfter-tax profit | -$173M | $3.0B |
| Free Cash FlowCash after capex | -$48M | $2.8B |
| Gross MarginGross profit ÷ Revenue | +75.2% | +66.3% |
| Operating MarginEBIT ÷ Revenue | -27.2% | +30.5% |
| Net MarginNet income ÷ Revenue | -25.7% | +28.2% |
| FCF MarginFCF ÷ Revenue | -7.1% | +26.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.3% | +23.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -100.0% | +18.8% |
Valuation Metrics
NVCR leads this category, winning 3 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.8B | $160.3B |
| Enterprise ValueMkt cap + debt − cash | $2.0B | $157.3B |
| Trailing P/EPrice ÷ TTM EPS | -13.02x | 57.35x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 43.64x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.64x |
| EV / EBITDAEnterprise value multiple | — | 43.41x |
| Price / SalesMarket cap ÷ Revenue | 2.76x | 15.93x |
| Price / BookPrice ÷ Book value/share | 5.20x | 9.12x |
| Price / FCFMarket cap ÷ FCF | — | 64.37x |
Profitability & Efficiency
ISRG leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
ISRG delivers a 16.9% return on equity — every $100 of shareholder capital generates $17 in annual profit, vs $-51 for NVCR. ISRG 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), ISRG scores 6/9 vs NVCR's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -50.8% | +16.9% |
| ROA (TTM)Return on assets | -16.5% | +14.8% |
| ROICReturn on invested capital | -16.4% | +15.0% |
| ROCEReturn on capital employed | -28.9% | +16.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.85x | 0.02x |
| Net DebtTotal debt minus cash | $187M | -$3.1B |
| Cash & Equiv.Liquid assets | $103M | $3.4B |
| Total DebtShort + long-term debt | $290M | $303M |
| Interest CoverageEBIT ÷ Interest expense | -96.80x | — |
Total Returns (Dividends Reinvested)
ISRG leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ISRG five years ago would be worth $16,151 today (with dividends reinvested), compared to $787 for NVCR. Over the past 12 months, NVCR leads with a -10.6% total return vs ISRG's -15.1%. The 3-year compound annual growth rate (CAGR) favors ISRG at 14.0% vs NVCR's -38.5% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +21.0% | -19.7% |
| 1-Year ReturnPast 12 months | -10.6% | -15.1% |
| 3-Year ReturnCumulative with dividends | -76.7% | +48.1% |
| 5-Year ReturnCumulative with dividends | -92.1% | +61.5% |
| 10-Year ReturnCumulative with dividends | +40.0% | +560.2% |
| CAGR (3Y)Annualised 3-year return | -38.5% | +14.0% |
Risk & Volatility
Evenly matched — NVCR and ISRG each lead in 1 of 2 comparable metrics.
Risk & Volatility
ISRG is the less volatile stock with a 1.02 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 79.2% from its 52-week high vs ISRG's 74.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.20x | 1.02x |
| 52-Week HighHighest price in past year | $20.06 | $603.88 |
| 52-Week LowLowest price in past year | $9.82 | $427.84 |
| % of 52W HighCurrent price vs 52-week peak | +79.2% | +74.7% |
| RSI (14)Momentum oscillator 0–100 | 76.7 | 42.5 |
| Avg Volume (50D)Average daily shares traded | 1.6M | 1.8M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates NVCR as "Buy" and ISRG as "Buy". Consensus price targets imply 111.0% upside for NVCR (target: $34) vs 37.9% for ISRG (target: $623).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $33.50 | $622.60 |
| # AnalystsCovering analysts | 15 | 55 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.4% |
ISRG leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NVCR leads in 1 (Valuation Metrics). 1 tied.
NVCR vs ISRG: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is NVCR or ISRG a better buy right now?
For growth investors, Intuitive Surgical, Inc.
(ISRG) is the stronger pick with 20. 5% revenue growth year-over-year, versus 8. 3% for NovoCure Limited (NVCR). Intuitive Surgical, Inc. (ISRG) offers the better valuation at 57. 4x trailing P/E (43. 6x 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 is the better long-term investment — NVCR or ISRG?
Over the past 5 years, Intuitive Surgical, Inc.
(ISRG) delivered a total return of +61. 5%, compared to -92. 1% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: ISRG returned +560. 2% versus NVCR's +40. 0%. 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 — NVCR or ISRG?
By beta (market sensitivity over 5 years), Intuitive Surgical, Inc.
(ISRG) is the lower-risk stock at 1. 02β versus NovoCure Limited's 2. 20β — meaning NVCR is approximately 116% more volatile than ISRG relative to the S&P 500. On balance sheet safety, Intuitive Surgical, Inc. (ISRG) carries a lower debt/equity ratio of 2% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
04Which is growing faster — NVCR or ISRG?
By revenue growth (latest reported year), Intuitive Surgical, Inc.
(ISRG) is pulling ahead at 20. 5% versus 8. 3% for NovoCure Limited (NVCR). On earnings-per-share growth, the picture is similar: Intuitive Surgical, Inc. grew EPS 22. 6% year-over-year, compared to 21. 8% for NovoCure Limited. Over a 3-year CAGR, ISRG leads at 17. 4% 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 — NVCR or ISRG?
Intuitive Surgical, Inc.
(ISRG) is the more profitable company, earning 28. 4% net margin versus -20. 8% for NovoCure Limited — meaning it keeps 28. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ISRG leads at 29. 3% 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.
06Is NVCR or ISRG more undervalued right now?
Analyst consensus price targets imply the most upside for NVCR: 111.
0% to $33. 50.
07Which pays a better dividend — NVCR or ISRG?
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.
08Is NVCR or ISRG better for a retirement portfolio?
For long-horizon retirement investors, Intuitive Surgical, Inc.
(ISRG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 02), +560. 2% 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 (ISRG: +560. 2%, NVCR: +40. 0%), 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 NVCR and ISRG?
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: NVCR is a small-cap quality compounder stock; ISRG is a mid-cap high-growth stock. 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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