Medical - Devices
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5 / 10Stock Comparison
SNWV vs NVCR vs INVA vs HOLX vs IDXX
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
Biotechnology
Medical - Instruments & Supplies
Medical - Diagnostics & Research
SNWV vs NVCR vs INVA vs HOLX vs IDXX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Instruments & Supplies | Biotechnology | Medical - Instruments & Supplies | Medical - Diagnostics & Research |
| Market Cap | $143M | $1.92B | $1.93B | $16.97B | $45.45B |
| Revenue (TTM) | $41M | $674M | $424M | $4.13B | $4.45B |
| Net Income (TTM) | $-7M | $-173M | $504M | $544M | $1.10B |
| Gross Margin | 77.7% | 75.2% | 76.2% | 52.8% | 62.1% |
| Operating Margin | 16.6% | -27.2% | 14.8% | 17.5% | 31.6% |
| Forward P/E | 17.4x | — | 11.9x | 17.2x | 39.5x |
| Total Debt | $25M | $290M | $269M | $2.63B | $1.08B |
| Cash & Equiv. | $10M | $103M | $551M | $1.96B | $180M |
SNWV vs NVCR vs INVA vs HOLX vs IDXX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| SANUWAVE Health, In… (SNWV) | 100 | 16.1 | -83.9% |
| NovoCure Limited (NVCR) | 100 | 25.0 | -75.0% |
| Innoviva, Inc. (INVA) | 100 | 163.2 | +63.2% |
| Hologic, Inc. (HOLX) | 100 | 142.6 | +42.6% |
| IDEXX Laboratories,… (IDXX) | 100 | 185.2 | +85.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: SNWV vs NVCR vs INVA vs HOLX vs IDXX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
SNWV is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 60.0%, EPS growth 42.3%, 3Y rev CAGR 35.9%
- 60.0% revenue growth vs HOLX's 1.7%
Among these 5 stocks, NVCR doesn't own a clear edge in any measured category.
INVA carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 0 yrs, beta 0.13
- Lower volatility, beta 0.13, Low D/E 22.9%, current ratio 14.64x
- PEG 1.15 vs IDXX's 2.76
- Beta 0.13, current ratio 14.64x
HOLX ranks third and is worth considering specifically for momentum.
- +37.1% vs SNWV's -47.4%
IDXX is the clearest fit if your priority is long-term compounding.
- 5.6% 10Y total return vs HOLX's 124.3%
- 32.6% ROA vs SNWV's -21.7%, ROIC 42.5% vs 159.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 60.0% revenue growth vs HOLX's 1.7% | |
| Value | Lower P/E (11.9x vs 39.5x), PEG 1.15 vs 2.76 | |
| Quality / Margins | 118.9% margin vs NVCR's -25.7% | |
| Stability / Safety | Beta 0.13 vs NVCR's 2.20, lower leverage | |
| Dividends | Tie | None of these 5 stocks pay a meaningful dividend |
| Momentum (1Y) | +37.1% vs SNWV's -47.4% | |
| Efficiency (ROA) | 32.6% ROA vs SNWV's -21.7%, ROIC 42.5% vs 159.8% |
SNWV vs NVCR vs INVA vs HOLX vs IDXX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
SNWV vs NVCR vs INVA vs HOLX vs IDXX — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
INVA leads in 2 of 6 categories
IDXX leads 1 • SNWV leads 1 • NVCR leads 0 • HOLX leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
INVA 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 — 107.7x SNWV's $41M. INVA is the more profitable business, keeping 118.9% of every revenue dollar as net income compared to NVCR's -25.7%. On growth, SNWV holds the edge at +22.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $41M | $674M | $424M | $4.1B | $4.4B |
| EBITDAEarnings before interest/tax | $8M | -$165M | $86M | $974M | $1.5B |
| Net IncomeAfter-tax profit | -$7M | -$173M | $504M | $544M | $1.1B |
| Free Cash FlowCash after capex | -$784,000 | -$48M | $181M | $1000M | $845M |
| Gross MarginGross profit ÷ Revenue | +77.7% | +75.2% | +76.2% | +52.8% | +62.1% |
| Operating MarginEBIT ÷ Revenue | +16.6% | -27.2% | +14.8% | +17.5% | +31.6% |
| Net MarginNet income ÷ Revenue | -17.1% | -25.7% | +118.9% | +13.2% | +24.6% |
| FCF MarginFCF ÷ Revenue | -1.9% | -7.1% | +42.8% | +24.2% | +19.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +22.3% | +12.3% | +10.6% | +2.5% | +14.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +117.4% | -100.0% | +4.0% | -9.2% | +16.6% |
Valuation Metrics
INVA leads this category, winning 5 of 7 comparable metrics.
Valuation Metrics
At 6.9x trailing earnings, INVA trades at a 84% valuation discount to IDXX's 43.7x P/E. Adjusting for growth (PEG ratio), INVA offers better value at 0.67x vs IDXX's 3.06x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $143M | $1.9B | $1.9B | $17.0B | $45.4B |
| Enterprise ValueMkt cap + debt − cash | $158M | $2.1B | $1.7B | $17.6B | $46.3B |
| Trailing P/EPrice ÷ TTM EPS | -2.37x | -13.80x | 6.91x | 30.53x | 43.75x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.43x | — | 11.91x | 17.21x | 39.45x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 0.67x | — | 3.06x |
| EV / EBITDAEnterprise value multiple | 24.09x | — | 8.10x | 17.39x | 31.60x |
| Price / SalesMarket cap ÷ Revenue | 4.38x | 2.92x | 4.55x | 4.14x | 10.56x |
| Price / BookPrice ÷ Book value/share | — | 5.51x | 1.65x | 3.43x | 28.75x |
| Price / FCFMarket cap ÷ FCF | 72.67x | — | 9.88x | 18.44x | 43.14x |
Profitability & Efficiency
IDXX leads this category, winning 4 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. INVA carries lower financial leverage with a 0.23x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), SNWV scores 7/9 vs INVA's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | — | -50.8% | +46.5% | +11.0% | +70.9% |
| ROA (TTM)Return on assets | -21.7% | -16.5% | +32.4% | +6.1% | +32.6% |
| ROICReturn on invested capital | +159.8% | -16.4% | +14.2% | +9.4% | +42.5% |
| ROCEReturn on capital employed | — | -28.9% | +12.4% | +8.8% | +61.4% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 | 5 | 7 | 7 |
| Debt / EquityFinancial leverage | — | 0.85x | 0.23x | 0.52x | 0.67x |
| Net DebtTotal debt minus cash | $15M | $187M | -$282M | $667M | $897M |
| Cash & Equiv.Liquid assets | $10M | $103M | $551M | $2.0B | $180M |
| Total DebtShort + long-term debt | $25M | $290M | $269M | $2.6B | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | 0.13x | -96.80x | 63.45x | 8.00x | 35.55x |
Total Returns (Dividends Reinvested)
SNWV leads this category, winning 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in INVA five years ago would be worth $19,437 today (with dividends reinvested), compared to $875 for NVCR. Over the past 12 months, HOLX leads with a +37.1% total return vs SNWV's -47.4%. The 3-year compound annual growth rate (CAGR) favors SNWV at 28.8% vs NVCR's -37.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -42.4% | +28.3% | +14.7% | +1.9% | -14.6% |
| 1-Year ReturnPast 12 months | -47.4% | +1.1% | +21.7% | +37.1% | +17.6% |
| 3-Year ReturnCumulative with dividends | +113.5% | -75.7% | +95.2% | -8.5% | +17.9% |
| 5-Year ReturnCumulative with dividends | -72.2% | -91.3% | +94.4% | +15.8% | +5.1% |
| 10-Year ReturnCumulative with dividends | -20.7% | +30.3% | +94.9% | +124.3% | +556.2% |
| CAGR (3Y)Annualised 3-year return | +28.8% | -37.6% | +25.0% | -2.9% | +5.6% |
Risk & Volatility
Evenly matched — INVA and HOLX each lead in 1 of 2 comparable metrics.
Risk & Volatility
INVA is the less volatile stock with a 0.13 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 SNWV's 35.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.22x | 2.20x | 0.13x | 0.41x | 1.35x |
| 52-Week HighHighest price in past year | $46.59 | $20.06 | $25.15 | $76.04 | $769.98 |
| 52-Week LowLowest price in past year | $15.36 | $9.82 | $16.52 | $52.81 | $471.74 |
| % of 52W HighCurrent price vs 52-week peak | +35.7% | +83.9% | +90.7% | +100.0% | +74.3% |
| RSI (14)Momentum oscillator 0–100 | 34.2 | 69.8 | 39.9 | 69.1 | 52.1 |
| Avg Volume (50D)Average daily shares traded | 84K | 1.5M | 621K | 10.0M | 533K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: SNWV as "Buy", NVCR as "Buy", INVA as "Buy", HOLX as "Hold", IDXX as "Buy". Consensus price targets imply 224.3% upside for SNWV (target: $54) vs 3.9% for HOLX (target: $79).
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $54.00 | $33.50 | $37.67 | $79.00 | $773.13 |
| # AnalystsCovering analysts | 2 | 15 | 10 | 42 | 22 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | 0 | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.2% | +4.4% | +2.7% |
INVA leads in 2 of 6 categories (Income & Cash Flow, Valuation Metrics). IDXX leads in 1 (Profitability & Efficiency). 1 tied.
SNWV vs NVCR vs INVA vs HOLX vs IDXX: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is SNWV or NVCR or INVA or HOLX or IDXX a better buy right now?
For growth investors, SANUWAVE Health, Inc.
(SNWV) is the stronger pick with 60. 0% revenue growth year-over-year, versus 1. 7% for Hologic, Inc. (HOLX). Innoviva, Inc. (INVA) offers the better valuation at 6. 9x trailing P/E (11. 9x forward), making it the more compelling value choice. Analysts rate SANUWAVE Health, Inc. (SNWV) a "Buy" — based on 2 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 — SNWV or NVCR or INVA or HOLX or IDXX?
On trailing P/E, Innoviva, Inc.
(INVA) is the cheapest at 6. 9x versus IDEXX Laboratories, Inc. at 43. 7x. On forward P/E, Innoviva, Inc. is actually cheaper at 11. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Innoviva, Inc. wins at 1. 15x versus IDEXX Laboratories, Inc. 's 2. 76x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — SNWV or NVCR or INVA or HOLX or IDXX?
Over the past 5 years, Innoviva, Inc.
(INVA) delivered a total return of +94. 4%, compared to -91. 3% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: IDXX returned +556. 2% versus SNWV's -20. 7%. 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 — SNWV or NVCR or INVA or HOLX or IDXX?
By beta (market sensitivity over 5 years), Innoviva, Inc.
(INVA) is the lower-risk stock at 0. 13β versus NovoCure Limited's 2. 20β — meaning NVCR is approximately 1648% more volatile than INVA relative to the S&P 500. On balance sheet safety, Innoviva, Inc. (INVA) carries a lower debt/equity ratio of 23% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
05Which is growing faster — SNWV or NVCR or INVA or HOLX or IDXX?
By revenue growth (latest reported year), SANUWAVE Health, Inc.
(SNWV) is pulling ahead at 60. 0% versus 1. 7% for Hologic, Inc. (HOLX). On earnings-per-share growth, the picture is similar: Innoviva, Inc. grew EPS 816. 7% year-over-year, compared to -25. 0% for Hologic, Inc.. Over a 3-year CAGR, SNWV leads at 35. 9% 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 — SNWV or NVCR or INVA or HOLX or IDXX?
Innoviva, Inc.
(INVA) is the more profitable company, earning 63. 8% net margin versus -96. 1% for SANUWAVE Health, Inc. — meaning it keeps 63. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: INVA leads at 38. 5% versus -23. 5% for NVCR. At the gross margin level — before operating expenses — SNWV leads at 75. 2%, 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 SNWV or NVCR or INVA or HOLX or IDXX more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Innoviva, Inc. (INVA) is the more undervalued stock at a PEG of 1. 15x versus IDEXX Laboratories, Inc. 's 2. 76x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Innoviva, Inc. (INVA) trades at 11. 9x forward P/E versus 39. 5x for IDEXX Laboratories, Inc. — 27. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SNWV: 224. 3% to $54. 00.
08Which pays a better dividend — SNWV or NVCR or INVA or HOLX or IDXX?
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 SNWV or NVCR or INVA or HOLX or IDXX better for a retirement portfolio?
For long-horizon retirement investors, Innoviva, Inc.
(INVA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 13)). 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 (INVA: +94. 9%, 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 SNWV and NVCR and INVA and HOLX and IDXX?
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: SNWV is a small-cap high-growth stock; NVCR is a small-cap quality compounder stock; INVA is a small-cap high-growth stock; HOLX is a mid-cap quality compounder stock; IDXX is a mid-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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