Medical - Devices
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5 / 10Stock Comparison
NVNO vs VNRX vs TELA vs ATRC vs NVCR
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
Medical - Devices
Medical - Instruments & Supplies
Medical - Instruments & Supplies
NVNO vs VNRX vs TELA vs ATRC vs NVCR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Diagnostics & Research | Medical - Devices | Medical - Instruments & Supplies | Medical - Instruments & Supplies |
| Market Cap | $7M | $12M | $41M | $1.33B | $2.04B |
| Revenue (TTM) | $0.00 | $2M | $77M | $552M | $674M |
| Net Income (TTM) | $-19M | $-23M | $-39M | $-5M | $-173M |
| Gross Margin | — | 100.0% | 67.2% | 75.5% | 75.2% |
| Operating Margin | — | -12.5% | -46.0% | -0.4% | -27.2% |
| Forward P/E | — | — | — | 428.7x | — |
| Total Debt | $700K | $11M | $43M | $88M | $290M |
| Cash & Equiv. | $3M | $1M | $53M | $167M | $103M |
NVNO vs VNRX vs TELA vs ATRC vs NVCR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| enVVeno Medical Cor… (NVNO) | 100 | 122.0 | +22.0% |
| VolitionRx Limited (VNRX) | 100 | 3.7 | -96.3% |
| TELA Bio, Inc. (TELA) | 100 | 7.4 | -92.6% |
| AtriCure, Inc. (ATRC) | 100 | 55.0 | -45.0% |
| NovoCure Limited (NVCR) | 100 | 26.5 | -73.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NVNO vs VNRX vs TELA vs ATRC vs NVCR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NVNO carries the broadest edge in this set and is the clearest fit for sleep-well-at-night.
- Lower volatility, beta 2.02, Low D/E 2.6%, current ratio 13.58x
- 2.3% margin vs VNRX's -13.5%
- +173.8% vs VNRX's -78.3%
VNRX is the #2 pick in this set and the best alternative if income & stability and growth exposure is your priority.
- beta 0.28
- Rev growth 40.0%, EPS growth 29.0%, 3Y rev CAGR 78.0%
- 40.0% revenue growth vs NVCR's 8.3%
- Beta 0.28 vs NVCR's 2.15
TELA is the clearest fit if your priority is defensive.
- Beta 0.33, current ratio 5.01x
ATRC ranks third and is worth considering specifically for long-term compounding.
- 84.4% 10Y total return vs NVCR's 38.5%
- -0.7% ROA vs VNRX's -305.6%
Among these 5 stocks, NVCR doesn't own a clear edge in any measured category.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.0% revenue growth vs NVCR's 8.3% | |
| Quality / Margins | 2.3% margin vs VNRX's -13.5% | |
| Stability / Safety | Beta 0.28 vs NVCR's 2.15 | |
| Dividends | Tie | None of these 5 stocks pay a meaningful dividend |
| Momentum (1Y) | +173.8% vs VNRX's -78.3% | |
| Efficiency (ROA) | -0.7% ROA vs VNRX's -305.6% |
NVNO vs VNRX vs TELA vs ATRC vs NVCR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
Segment breakdown not available.
NVNO vs VNRX vs TELA vs ATRC vs NVCR — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ATRC leads in 2 of 6 categories
NVNO leads 1 • VNRX leads 0 • TELA leads 0 • NVCR leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
ATRC leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NVCR and NVNO operate at a comparable scale, with $674M and $0 in trailing revenue. ATRC is the more profitable business, keeping -0.8% of every revenue dollar as net income compared to VNRX's -13.5%. On growth, VNRX holds the edge at +133.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $2M | $77M | $552M | $674M |
| EBITDAEarnings before interest/tax | -$20M | -$20M | -$34M | $13M | -$165M |
| Net IncomeAfter-tax profit | -$19M | -$23M | -$39M | -$5M | -$173M |
| Free Cash FlowCash after capex | -$15M | -$20M | -$32M | $54M | -$48M |
| Gross MarginGross profit ÷ Revenue | — | +100.0% | +67.2% | +75.5% | +75.2% |
| Operating MarginEBIT ÷ Revenue | — | -12.5% | -46.0% | -0.4% | -27.2% |
| Net MarginNet income ÷ Revenue | — | -13.5% | -50.6% | -0.8% | -25.7% |
| FCF MarginFCF ÷ Revenue | — | -11.4% | -40.9% | +9.7% | -7.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +133.2% | +9.1% | +14.3% | +12.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +97.8% | +20.5% | +54.8% | +101.6% | -100.0% |
Valuation Metrics
Evenly matched — NVNO and TELA and ATRC each lead in 1 of 3 comparable metrics.
Valuation Metrics
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $7M | $12M | $41M | $1.3B | $2.0B |
| Enterprise ValueMkt cap + debt − cash | $4M | $22M | $32M | $1.3B | $2.2B |
| Trailing P/EPrice ÷ TTM EPS | -0.30x | -0.51x | -0.77x | -109.50x | -14.66x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | 428.71x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | — | 73.24x | — |
| Price / SalesMarket cap ÷ Revenue | — | 6.97x | 0.59x | 2.49x | 3.11x |
| Price / BookPrice ÷ Book value/share | 0.22x | — | 1.02x | 2.55x | 5.86x |
| Price / FCFMarket cap ÷ FCF | — | — | — | 27.56x | — |
Profitability & Efficiency
ATRC leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
ATRC delivers a -1.0% return on equity — every $100 of shareholder capital generates $-1 in annual profit, vs $-3 for TELA. NVNO carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to TELA's 1.51x. On the Piotroski fundamental quality scale (0–9), ATRC scores 5/9 vs NVNO's 1/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -66.4% | — | -2.7% | -1.0% | -50.8% |
| ROA (TTM)Return on assets | -60.4% | -3.1% | -53.1% | -0.7% | -16.5% |
| ROICReturn on invested capital | -47.3% | — | -151.6% | -0.6% | -16.4% |
| ROCEReturn on capital employed | -59.5% | — | -51.4% | -0.6% | -28.9% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 2 | 4 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.03x | — | 1.51x | 0.18x | 0.85x |
| Net DebtTotal debt minus cash | -$2M | $10M | -$10M | -$79M | $187M |
| Cash & Equiv.Liquid assets | $3M | $1M | $53M | $167M | $103M |
| Total DebtShort + long-term debt | $700,000 | $11M | $43M | $88M | $290M |
| Interest CoverageEBIT ÷ Interest expense | — | -8.44x | -6.99x | 0.47x | -96.80x |
Total Returns (Dividends Reinvested)
NVNO leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NVNO five years ago would be worth $18,790 today (with dividends reinvested), compared to $371 for VNRX. Over the past 12 months, NVNO leads with a +173.8% total return vs VNRX's -78.3%. The 3-year compound annual growth rate (CAGR) favors NVNO at 39.8% vs VNRX's -61.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +2740.0% | -58.8% | -10.5% | -33.1% | +36.4% |
| 1-Year ReturnPast 12 months | +173.8% | -78.3% | +3.0% | -15.7% | +2.6% |
| 3-Year ReturnCumulative with dividends | +173.1% | -94.4% | -89.7% | -45.0% | -74.2% |
| 5-Year ReturnCumulative with dividends | +87.9% | -96.3% | -92.0% | -64.2% | -90.2% |
| 10-Year ReturnCumulative with dividends | -92.4% | -96.5% | -92.4% | +84.4% | +38.5% |
| CAGR (3Y)Annualised 3-year return | +39.8% | -61.7% | -53.1% | -18.1% | -36.4% |
Risk & Volatility
Evenly matched — VNRX and NVCR each lead in 1 of 2 comparable metrics.
Risk & Volatility
VNRX is the less volatile stock with a 0.28 beta — it tends to amplify market swings less than NVCR's 2.15 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NVCR currently trades 89.2% from its 52-week high vs VNRX's 12.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.02x | 0.28x | 0.33x | 0.95x | 2.15x |
| 52-Week HighHighest price in past year | $13.00 | $18.80 | $2.20 | $43.18 | $20.06 |
| 52-Week LowLowest price in past year | $0.30 | $0.27 | $0.50 | $26.10 | $9.82 |
| % of 52W HighCurrent price vs 52-week peak | +76.5% | +12.0% | +46.4% | +60.9% | +89.2% |
| RSI (14)Momentum oscillator 0–100 | 41.2 | 30.2 | 67.4 | 44.0 | 70.9 |
| Avg Volume (50D)Average daily shares traded | 13K | 714K | 191K | 678K | 1.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: ATRC as "Buy", NVCR as "Buy". Consensus price targets imply 95.3% upside for ATRC (target: $51) vs 87.3% for NVCR (target: $34).
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | — | — | Buy | Buy |
| Price TargetConsensus 12-month target | — | — | — | $51.33 | $33.50 |
| # AnalystsCovering analysts | — | — | — | 19 | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | +0.8% | 0.0% |
ATRC leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NVNO leads in 1 (Total Returns). 2 tied.
NVNO vs VNRX vs TELA vs ATRC vs NVCR: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is NVNO or VNRX or TELA or ATRC or NVCR a better buy right now?
For growth investors, VolitionRx Limited (VNRX) is the stronger pick with 40.
0% revenue growth year-over-year, versus 8. 3% for NovoCure Limited (NVCR). Analysts rate AtriCure, Inc. (ATRC) a "Buy" — based on 19 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 — NVNO or VNRX or TELA or ATRC or NVCR?
Over the past 5 years, enVVeno Medical Corporation (NVNO) delivered a total return of +87.
9%, compared to -96. 3% for VolitionRx Limited (VNRX). Over 10 years, the gap is even starker: ATRC returned +84. 4% versus VNRX's -96. 5%. 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 — NVNO or VNRX or TELA or ATRC or NVCR?
By beta (market sensitivity over 5 years), VolitionRx Limited (VNRX) is the lower-risk stock at 0.
28β versus NovoCure Limited's 2. 15β — meaning NVCR is approximately 679% more volatile than VNRX relative to the S&P 500. On balance sheet safety, enVVeno Medical Corporation (NVNO) carries a lower debt/equity ratio of 3% versus 151% for TELA Bio, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — NVNO or VNRX or TELA or ATRC or NVCR?
By revenue growth (latest reported year), VolitionRx Limited (VNRX) is pulling ahead at 40.
0% versus 8. 3% for NovoCure Limited (NVCR). On earnings-per-share growth, the picture is similar: enVVeno Medical Corporation grew EPS 97. 9% year-over-year, compared to 21. 8% for NovoCure Limited. Over a 3-year CAGR, VNRX leads at 78. 0% 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 — NVNO or VNRX or TELA or ATRC or NVCR?
enVVeno Medical Corporation (NVNO) is the more profitable company, earning 0.
0% net margin versus -1352. 2% for VolitionRx Limited — meaning it keeps 0. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NVNO leads at 0. 0% versus -1228. 6% for VNRX. At the gross margin level — before operating expenses — VNRX leads at 100. 0%, 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 NVNO or VNRX or TELA or ATRC or NVCR more undervalued right now?
Analyst consensus price targets imply the most upside for ATRC: 95.
3% to $51. 33.
07Which pays a better dividend — NVNO or VNRX or TELA or ATRC or NVCR?
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 NVNO or VNRX or TELA or ATRC or NVCR better for a retirement portfolio?
For long-horizon retirement investors, VolitionRx Limited (VNRX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
28)). enVVeno Medical Corporation (NVNO) carries a higher beta of 2. 02 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (VNRX: -96. 5%, NVNO: -92. 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.
09What are the main differences between NVNO and VNRX and TELA and ATRC and NVCR?
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: NVNO is a small-cap quality compounder stock; VNRX is a small-cap high-growth stock; TELA is a small-cap high-growth stock; ATRC is a small-cap quality compounder stock; NVCR is a small-cap quality compounder 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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