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Stock Comparison

OBIO vs NVCR vs XTNT

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
OBIO
Orchestra BioMed Holdings, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$222M
5Y Perf.-64.9%
NVCR
NovoCure Limited

Medical - Instruments & Supplies

HealthcareNASDAQ • JE
Market Cap$1.92B
5Y Perf.-79.7%
XTNT
Xtant Medical Holdings, Inc.

Medical - Devices

HealthcareAMEX • US
Market Cap$80M
5Y Perf.-40.3%

OBIO vs NVCR vs XTNT — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
OBIO logoOBIO
NVCR logoNVCR
XTNT logoXTNT
IndustryBiotechnologyMedical - Instruments & SuppliesMedical - Devices
Market Cap$222M$1.92B$80M
Revenue (TTM)$33M$674M$133M
Net Income (TTM)$-53M$-173M$2M
Gross Margin99.4%75.2%62.0%
Operating Margin-154.7%-27.2%4.8%
Total Debt$2M$290M$35M
Cash & Equiv.$35M$103M$6M

OBIO vs NVCR vs XTNTLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

OBIO
NVCR
XTNT
StockAug 20May 26Return
Orchestra BioMed Ho… (OBIO)10035.1-64.9%
NovoCure Limited (NVCR)10020.3-79.7%
Xtant Medical Holdi… (XTNT)10059.7-40.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: OBIO vs NVCR vs XTNT

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: XTNT leads in 3 of 6 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Orchestra BioMed Holdings, Inc. is the stronger pick specifically for growth and revenue expansion and recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
OBIO
Orchestra BioMed Holdings, Inc.
The Growth Play

OBIO is the clearest fit if your priority is growth exposure and long-term compounding.

  • Rev growth 11.7%, EPS growth 33.1%, 3Y rev CAGR 111.6%
  • -65.5% 10Y total return vs NVCR's 30.3%
  • 11.7% revenue growth vs NVCR's 8.3%
Best for: growth exposure and long-term compounding
NVCR
NovoCure Limited
The Secondary Option

NVCR plays a supporting role in this comparison — it may shine differently against other peers.

Best for: healthcare exposure
XTNT
Xtant Medical Holdings, Inc.
The Income Pick

XTNT carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.

  • beta 0.69
  • Lower volatility, beta 0.69, Low D/E 81.8%, current ratio 2.35x
  • Beta 0.69, current ratio 2.35x
Best for: income & stability and sleep-well-at-night
See the full category breakdown
CategoryWinnerWhy
GrowthOBIO logoOBIO11.7% revenue growth vs NVCR's 8.3%
Quality / MarginsXTNT logoXTNT1.3% margin vs OBIO's -158.2%
Stability / SafetyXTNT logoXTNTBeta 0.69 vs OBIO's 2.21
DividendsTieNone of these 3 stocks pay a meaningful dividend
Momentum (1Y)OBIO logoOBIO+59.8% vs NVCR's +1.1%
Efficiency (ROA)XTNT logoXTNT1.8% ROA vs OBIO's -65.9%, ROIC -12.8% vs -162.6%

OBIO vs NVCR vs XTNT — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

OBIOOrchestra BioMed Holdings, Inc.
FY 2025
Product
100.0%$611,000
NVCRNovoCure Limited

Segment breakdown not available.

XTNTXtant Medical Holdings, Inc.
FY 2024
Orthobiologics
56.6%$66M
Spinal Implant
42.1%$49M
License Revenue
1.3%$2M

OBIO vs NVCR vs XTNT — Financial Metrics

Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLXTNTLAGGINGNVCR

Income & Cash Flow (Last 12 Months)

Evenly matched — OBIO and XTNT each lead in 3 of 6 comparable metrics.

NVCR is the larger business by revenue, generating $674M annually — 20.1x OBIO's $33M. XTNT is the more profitable business, keeping 1.3% of every revenue dollar as net income compared to OBIO's -158.2%. On growth, OBIO holds the edge at +121.2% YoY revenue growth, suggesting stronger near-term business momentum.

MetricOBIO logoOBIOOrchestra BioMed …NVCR logoNVCRNovoCure LimitedXTNT logoXTNTXtant Medical Hol…
RevenueTrailing 12 months$33M$674M$133M
EBITDAEarnings before interest/tax-$52M-$165M$11M
Net IncomeAfter-tax profit-$53M-$173M$2M
Free Cash FlowCash after capex-$49M-$48M$5M
Gross MarginGross profit ÷ Revenue+99.4%+75.2%+62.0%
Operating MarginEBIT ÷ Revenue-154.7%-27.2%+4.8%
Net MarginNet income ÷ Revenue-158.2%-25.7%+1.3%
FCF MarginFCF ÷ Revenue-147.7%-7.1%+3.9%
Rev. Growth (YoY)Latest quarter vs prior year+121.2%+12.3%+19.0%
EPS Growth (YoY)Latest quarter vs prior year+166.7%-100.0%+123.7%
Evenly matched — OBIO and XTNT each lead in 3 of 6 comparable metrics.

Valuation Metrics

XTNT leads this category, winning 2 of 3 comparable metrics.
MetricOBIO logoOBIOOrchestra BioMed …NVCR logoNVCRNovoCure LimitedXTNT logoXTNTXtant Medical Hol…
Market CapShares × price$222M$1.9B$80M
Enterprise ValueMkt cap + debt − cash$189M$2.1B$109M
Trailing P/EPrice ÷ TTM EPS-3.54x-13.80x-4.75x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue6.63x2.92x0.68x
Price / BookPrice ÷ Book value/share2817.20x5.51x1.77x
Price / FCFMarket cap ÷ FCF
XTNT leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

XTNT leads this category, winning 5 of 9 comparable metrics.

XTNT delivers a 3.8% return on equity — every $100 of shareholder capital generates $4 in annual profit, vs $-185 for OBIO. OBIO carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), OBIO scores 6/9 vs XTNT's 2/9, reflecting solid financial health.

MetricOBIO logoOBIOOrchestra BioMed …NVCR logoNVCRNovoCure LimitedXTNT logoXTNTXtant Medical Hol…
ROE (TTM)Return on equity-185.1%-50.8%+3.8%
ROA (TTM)Return on assets-65.9%-16.5%+1.8%
ROICReturn on invested capital-162.6%-16.4%-12.8%
ROCEReturn on capital employed-65.5%-28.9%-17.9%
Piotroski ScoreFundamental quality 0–9652
Debt / EquityFinancial leverage0.03x0.85x0.82x
Net DebtTotal debt minus cash-$33M$187M$29M
Cash & Equiv.Liquid assets$35M$103M$6M
Total DebtShort + long-term debt$2M$290M$35M
Interest CoverageEBIT ÷ Interest expense-96.80x1.55x
XTNT leads this category, winning 5 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — OBIO and NVCR and XTNT each lead in 2 of 6 comparable metrics.

A $10,000 investment in OBIO five years ago would be worth $3,772 today (with dividends reinvested), compared to $875 for NVCR. Over the past 12 months, OBIO leads with a +59.8% total return vs NVCR's +1.1%. The 3-year compound annual growth rate (CAGR) favors XTNT at -4.3% vs OBIO's -40.0% — a key indicator of consistent wealth creation.

MetricOBIO logoOBIOOrchestra BioMed …NVCR logoNVCRNovoCure LimitedXTNT logoXTNTXtant Medical Hol…
YTD ReturnYear-to-date-8.8%+28.3%-24.0%
1-Year ReturnPast 12 months+59.8%+1.1%+10.0%
3-Year ReturnCumulative with dividends-78.3%-75.7%-12.3%
5-Year ReturnCumulative with dividends-62.3%-91.3%-66.1%
10-Year ReturnCumulative with dividends-65.5%+30.3%-97.8%
CAGR (3Y)Annualised 3-year return-40.0%-37.6%-4.3%
Evenly matched — OBIO and NVCR and XTNT each lead in 2 of 6 comparable metrics.

Risk & Volatility

Evenly matched — NVCR and XTNT each lead in 1 of 2 comparable metrics.

XTNT is the less volatile stock with a 0.69 beta — it tends to amplify market swings less than OBIO's 2.21 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 XTNT's 60.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricOBIO logoOBIOOrchestra BioMed …NVCR logoNVCRNovoCure LimitedXTNT logoXTNTXtant Medical Hol…
Beta (5Y)Sensitivity to S&P 5002.21x2.20x0.69x
52-Week HighHighest price in past year$5.42$20.06$0.95
52-Week LowLowest price in past year$2.20$9.82$0.44
% of 52W HighCurrent price vs 52-week peak+72.5%+83.9%+60.0%
RSI (14)Momentum oscillator 0–10047.269.860.9
Avg Volume (50D)Average daily shares traded192K1.5M142K
Evenly matched — NVCR and XTNT each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: OBIO as "Buy", NVCR as "Buy". Consensus price targets imply 205.3% upside for OBIO (target: $12) vs 99.0% for NVCR (target: $34).

MetricOBIO logoOBIOOrchestra BioMed …NVCR logoNVCRNovoCure LimitedXTNT logoXTNTXtant Medical Hol…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$12.00$33.50
# AnalystsCovering analysts415
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

XTNT leads in 2 of 6 categories — strongest in Valuation Metrics and Profitability & Efficiency. 3 categories are tied.

Best OverallXtant Medical Holdings, Inc. (XTNT)Leads 2 of 6 categories
Loading custom metrics...

OBIO vs NVCR vs XTNT: Key Questions Answered

8 questions · data-driven answers · updated daily

01

Is OBIO or NVCR or XTNT a better buy right now?

For growth investors, Orchestra BioMed Holdings, Inc.

(OBIO) is the stronger pick with 1169% revenue growth year-over-year, versus 8. 3% for NovoCure Limited (NVCR). Analysts rate Orchestra BioMed Holdings, Inc. (OBIO) a "Buy" — based on 4 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.

02

Which is the better long-term investment — OBIO or NVCR or XTNT?

Over the past 5 years, Orchestra BioMed Holdings, Inc.

(OBIO) delivered a total return of -62. 3%, compared to -91. 3% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: NVCR returned +30. 3% versus XTNT's -97. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — OBIO or NVCR or XTNT?

By beta (market sensitivity over 5 years), Xtant Medical Holdings, Inc.

(XTNT) is the lower-risk stock at 0. 69β versus Orchestra BioMed Holdings, Inc. 's 2. 21β — meaning OBIO is approximately 220% more volatile than XTNT relative to the S&P 500. On balance sheet safety, Orchestra BioMed Holdings, Inc. (OBIO) carries a lower debt/equity ratio of 3% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.

04

Which is growing faster — OBIO or NVCR or XTNT?

By revenue growth (latest reported year), Orchestra BioMed Holdings, Inc.

(OBIO) is pulling ahead at 1169% versus 8. 3% for NovoCure Limited (NVCR). On earnings-per-share growth, the picture is similar: Orchestra BioMed Holdings, Inc. grew EPS 33. 1% year-over-year, compared to 21. 8% for NovoCure Limited. Over a 3-year CAGR, OBIO leads at 111. 6% 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.

05

Which has better profit margins — OBIO or NVCR or XTNT?

Xtant Medical Holdings, Inc.

(XTNT) is the more profitable company, earning -14. 0% net margin versus -158. 2% for Orchestra BioMed Holdings, Inc. — meaning it keeps -14. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: XTNT leads at -10. 3% versus -154. 7% for OBIO. At the gross margin level — before operating expenses — OBIO leads at 99. 4%, 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.

06

Which pays a better dividend — OBIO or NVCR or XTNT?

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.

07

Is OBIO or NVCR or XTNT better for a retirement portfolio?

For long-horizon retirement investors, Xtant Medical Holdings, Inc.

(XTNT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 69)). Orchestra BioMed Holdings, Inc. (OBIO) carries a higher beta of 2. 21 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (XTNT: -97. 8%, OBIO: -65. 5%), 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.

08

What are the main differences between OBIO and NVCR and XTNT?

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: OBIO is a small-cap high-growth stock; NVCR is a small-cap quality compounder stock; XTNT is a small-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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  • Market Cap > $100B
  • Revenue Growth > 6060%
  • Gross Margin > 59%
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  • Market Cap > $100B
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High-Growth Disruptor

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