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OCUL vs SGHT vs ATRC vs NVCR
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Devices
Medical - Instruments & Supplies
Medical - Instruments & Supplies
OCUL vs SGHT vs ATRC vs NVCR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Biotechnology | Medical - Devices | Medical - Instruments & Supplies | Medical - Instruments & Supplies |
| Market Cap | $2.12B | $286M | $1.41B | $1.92B |
| Revenue (TTM) | $52M | $80M | $552M | $674M |
| Net Income (TTM) | $-290M | $-37M | $-5M | $-173M |
| Gross Margin | 87.2% | 86.2% | 75.5% | 75.2% |
| Operating Margin | -5.8% | -44.8% | -0.4% | -27.2% |
| Forward P/E | — | — | 370.7x | — |
| Total Debt | $80M | $41M | $88M | $290M |
| Cash & Equiv. | $737M | $92M | $167M | $103M |
OCUL vs SGHT vs ATRC vs NVCR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 21 | May 26 | Return |
|---|---|---|---|
| Ocular Therapeutix,… (OCUL) | 100 | 87.9 | -12.1% |
| Sight Sciences, Inc. (SGHT) | 100 | 14.3 | -85.7% |
| AtriCure, Inc. (ATRC) | 100 | 32.9 | -67.1% |
| NovoCure Limited (NVCR) | 100 | 10.9 | -89.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OCUL vs SGHT vs ATRC vs NVCR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
OCUL is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 1.27, Low D/E 12.2%, current ratio 15.39x
- Beta 1.27, current ratio 15.39x
SGHT is the #2 pick in this set and the best alternative if momentum is your priority.
- +85.0% vs ATRC's -8.3%
ATRC carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.03
- Rev growth 14.9%, EPS growth 74.7%, 3Y rev CAGR 17.4%
- 95.1% 10Y total return vs OCUL's -10.6%
- 14.9% revenue growth vs OCUL's -18.7%
NVCR lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 14.9% revenue growth vs OCUL's -18.7% | |
| Quality / Margins | -0.8% margin vs OCUL's -5.6% | |
| Stability / Safety | Beta 1.03 vs SGHT's 2.49, lower leverage | |
| Dividends | Tie | None of these 4 stocks pay a meaningful dividend |
| Momentum (1Y) | +85.0% vs ATRC's -8.3% | |
| Efficiency (ROA) | -0.7% ROA vs OCUL's -48.4% |
OCUL vs SGHT vs ATRC vs NVCR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
OCUL vs SGHT vs ATRC vs NVCR — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ATRC leads in 3 of 6 categories
OCUL leads 1 • SGHT leads 0 • NVCR leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
ATRC leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NVCR is the larger business by revenue, generating $674M annually — 13.0x OCUL's $52M. Profitability is closely matched — net margins range from -0.8% (ATRC) to -5.6% (OCUL). On growth, ATRC holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $52M | $80M | $552M | $674M |
| EBITDAEarnings before interest/tax | -$295M | -$35M | $13M | -$165M |
| Net IncomeAfter-tax profit | -$290M | -$37M | -$5M | -$173M |
| Free Cash FlowCash after capex | -$241M | -$25M | $54M | -$48M |
| Gross MarginGross profit ÷ Revenue | +87.2% | +86.2% | +75.5% | +75.2% |
| Operating MarginEBIT ÷ Revenue | -5.8% | -44.8% | -0.4% | -27.2% |
| Net MarginNet income ÷ Revenue | -5.6% | -46.8% | -0.8% | -25.7% |
| FCF MarginFCF ÷ Revenue | -4.6% | -31.9% | +9.7% | -7.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +0.8% | +12.5% | +14.3% | +12.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -5.3% | +14.3% | +101.6% | -100.0% |
Valuation Metrics
ATRC leads this category, winning 3 of 3 comparable metrics.
Valuation Metrics
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $2.1B | $286M | $1.4B | $1.9B |
| Enterprise ValueMkt cap + debt − cash | $1.5B | $235M | $1.3B | $2.1B |
| Trailing P/EPrice ÷ TTM EPS | -6.82x | -7.15x | -115.83x | -13.80x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | 370.67x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | 77.75x | — |
| Price / SalesMarket cap ÷ Revenue | 40.90x | 3.69x | 2.63x | 2.92x |
| Price / BookPrice ÷ Book value/share | 2.77x | 4.31x | 2.70x | 5.51x |
| Price / FCFMarket cap ÷ FCF | — | — | 29.15x | — |
Profitability & Efficiency
ATRC leads this category, winning 6 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 $-65 for OCUL. OCUL carries lower financial leverage with a 0.12x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), SGHT scores 5/9 vs OCUL's 4/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -64.6% | -59.1% | -1.0% | -50.8% |
| ROA (TTM)Return on assets | -48.4% | -32.2% | -0.7% | -16.5% |
| ROICReturn on invested capital | — | -2.7% | -0.6% | -16.4% |
| ROCEReturn on capital employed | -46.0% | -32.0% | -0.6% | -28.9% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.12x | 0.64x | 0.18x | 0.85x |
| Net DebtTotal debt minus cash | -$657M | -$51M | -$79M | $187M |
| Cash & Equiv.Liquid assets | $737M | $92M | $167M | $103M |
| Total DebtShort + long-term debt | $80M | $41M | $88M | $290M |
| Interest CoverageEBIT ÷ Interest expense | -24.63x | -14.04x | 0.47x | -96.80x |
Total Returns (Dividends Reinvested)
OCUL leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in OCUL five years ago would be worth $5,957 today (with dividends reinvested), compared to $875 for NVCR. Over the past 12 months, SGHT leads with a +85.0% total return vs ATRC's -8.3%. The 3-year compound annual growth rate (CAGR) favors OCUL at 14.8% vs NVCR's -37.6% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -18.1% | -29.3% | -29.2% | +28.3% |
| 1-Year ReturnPast 12 months | +37.3% | +85.0% | -8.3% | +1.1% |
| 3-Year ReturnCumulative with dividends | +51.2% | -49.7% | -41.8% | -75.7% |
| 5-Year ReturnCumulative with dividends | -40.4% | -84.2% | -64.2% | -91.3% |
| 10-Year ReturnCumulative with dividends | -10.6% | -84.2% | +95.1% | +30.3% |
| CAGR (3Y)Annualised 3-year return | +14.8% | -20.5% | -16.5% | -37.6% |
Risk & Volatility
Evenly matched — ATRC and NVCR each lead in 1 of 2 comparable metrics.
Risk & Volatility
ATRC is the less volatile stock with a 1.03 beta — it tends to amplify market swings less than SGHT's 2.49 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 SGHT's 57.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.27x | 2.49x | 1.03x | 2.20x |
| 52-Week HighHighest price in past year | $16.44 | $9.24 | $43.18 | $20.06 |
| 52-Week LowLowest price in past year | $6.23 | $2.81 | $26.62 | $9.82 |
| % of 52W HighCurrent price vs 52-week peak | +58.9% | +57.3% | +64.4% | +83.9% |
| RSI (14)Momentum oscillator 0–100 | 58.3 | 54.2 | 45.0 | 69.8 |
| Avg Volume (50D)Average daily shares traded | 4.0M | 357K | 669K | 1.5M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: OCUL as "Buy", SGHT as "Buy", ATRC as "Buy", NVCR as "Buy". Consensus price targets imply 163.4% upside for OCUL (target: $26) vs 82.3% for ATRC (target: $51).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $25.50 | $9.67 | $50.67 | $33.50 |
| # AnalystsCovering analysts | 18 | 9 | 19 | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.8% | 0.0% |
ATRC leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). OCUL leads in 1 (Total Returns). 1 tied.
OCUL vs SGHT vs ATRC vs NVCR: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is OCUL or SGHT or ATRC or NVCR a better buy right now?
For growth investors, AtriCure, Inc.
(ATRC) is the stronger pick with 14. 9% revenue growth year-over-year, versus -18. 7% for Ocular Therapeutix, Inc. (OCUL). Analysts rate Ocular Therapeutix, Inc. (OCUL) a "Buy" — based on 18 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 — OCUL or SGHT or ATRC or NVCR?
Over the past 5 years, Ocular Therapeutix, Inc.
(OCUL) delivered a total return of -40. 4%, compared to -91. 3% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: ATRC returned +95. 1% versus SGHT's -84. 2%. 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 — OCUL or SGHT or ATRC or NVCR?
By beta (market sensitivity over 5 years), AtriCure, Inc.
(ATRC) is the lower-risk stock at 1. 03β versus Sight Sciences, Inc. 's 2. 49β — meaning SGHT is approximately 143% more volatile than ATRC relative to the S&P 500. On balance sheet safety, Ocular Therapeutix, Inc. (OCUL) carries a lower debt/equity ratio of 12% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
04Which is growing faster — OCUL or SGHT or ATRC or NVCR?
By revenue growth (latest reported year), AtriCure, Inc.
(ATRC) is pulling ahead at 14. 9% versus -18. 7% for Ocular Therapeutix, Inc. (OCUL). On earnings-per-share growth, the picture is similar: AtriCure, Inc. grew EPS 74. 7% year-over-year, compared to -16. 4% for Ocular Therapeutix, Inc.. Over a 3-year CAGR, ATRC 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 — OCUL or SGHT or ATRC or NVCR?
AtriCure, Inc.
(ATRC) is the more profitable company, earning -2. 1% net margin versus -513. 2% for Ocular Therapeutix, Inc. — meaning it keeps -2. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ATRC leads at -0. 6% versus -521. 0% for OCUL. At the gross margin level — before operating expenses — OCUL leads at 87. 3%, 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 OCUL or SGHT or ATRC or NVCR more undervalued right now?
Analyst consensus price targets imply the most upside for OCUL: 163.
4% to $25. 50.
07Which pays a better dividend — OCUL or SGHT 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 OCUL or SGHT or ATRC or NVCR better for a retirement portfolio?
For long-horizon retirement investors, AtriCure, Inc.
(ATRC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 03)). Sight Sciences, Inc. (SGHT) carries a higher beta of 2. 49 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ATRC: +95. 1%, SGHT: -84. 2%), 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 OCUL and SGHT 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.
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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