Medical instruments and supplies stocks with the highest free cash flow yield

Ranked

45

of 137 medical instruments and supplies stocks we cover

Median

4.5%

Highest

29.9%

SKIN

Range

0.1% to 29.9%

#	Company	FCF yield	PE	Revenue growth (TTM)	Market cap
1	SKINSkinHealth Systems	29.9%	n/m	−6.5%	$70.8M
2	KEQUKewaunee Scientific	11.5%	11.9×	+5.3%	$94.9M
3	APTAlpha Pro Tech	10.3%	13.6×	+5.7%	$56.7M
4	MOVMovado	10.2%	17.5×	+5.2%	$701.9M
5	SNWVSANUWAVE Health	9.5%	n/m	+13.1%	$44.9M
6	VNTVontier	8.3%	14.3×	+0.9%	$4.6B
7	INFUInfuSystem	8.3%	34.0×	+2.5%	$277.6M
8	XRAYDENTSPLY SIRONA	7.6%	n/m	−0.8%	$1.9B
9	BVSBioventus	7.5%	19.4×	+3.1%	$1.3B
10	GMEDGlobus Medical	6.9%	20.8×	+19.7%	$10.9B
11	NVSTEnvista	6.5%	40.7×	+11.9%	$3.8B
12	BAXBaxter International	6.2%	n/m	+5.4%	$13.1B
13	CDRECadre	6.1%	37.0×	+19.7%	$1.3B
14	COOCooper Companies	5.8%	20.9×	+4.7%	$11.6B
15	ALGNAlign Technology	5.8%	26.9×	+4.4%	$11B
16	INSPInspire Medical Systems	5.7%	15.4×	+4.3%	$2.1B
17	HAEHaemonetics	5.4%	58.1×	+0.4%	$5.4B
18	ENOVEnovis CORP	5.2%	n/m	+4.9%	$1.2B
19	MSAMSA Safety	5.0%	22.7×	+6.5%	$7B
20	BDXBecton, Dickinson and	5.0%	60.1×	+5.2%	$54.2B
21	TCMDTactile Systems Technology	5.0%	21.9×	+17.2%	$535.5M
22	UTMDUtah Medical Products	4.8%	22.6×	−7.0%	$236.3M
23	RMDResMed	4.5%	24.2×	+9.9%	$36.5B
24	LMATLemaitre Vascular	3.8%	29.6×	+11.8%	$1.9B
25	ICUIICU Medical	3.7%	141×	−9.0%	$4.2B
26	MMSIMerit Medical Systems	3.6%	38.6×	+10.2%	$5.6B
27	DCTHDelcath Systems	3.5%	n/m	+35.8%	$500.4M
28	BMIBadger Meter	3.4%	35.3×	−2.2%	$4.4B
29	PDEXPro DEX	3.4%	15.1×	+16.4%	$199.3M
30	EYENational Vision	3.3%	30.6×	+7.8%	$1.5B
31	PODDInsulet	2.8%	27.9×	+29.4%	$10.3B
32	IARTIntegra Lifesciences	2.8%	n/m	+0.8%	$926.3M
33	IRMDIradimed	2.3%	47.9×	+11.2%	$1.1B
34	BLCOBausch & Lomb	2.2%	n/m	+8.9%	$6.2B
35	ATRCAtriCure	1.8%	281×	+13.9%	$3B
36	PENPenumbra	1.7%	79.7×	+17.6%	$12.8B
37	WSTWest Pharmaceutical Services	1.6%	50.2×	+12.4%	$27.6B
38	TFXTeleflex	1.6%	n/m	+30.7%	$5.8B
39	SMTISanara MedTech	1.5%	n/m	+13.0%	$301.4M
40	IRTCiRhythm	1.0%	n/m	+25.6%	$4B
41	WRBYWarby Parker	0.7%	370×	+11.0%	$3.2B
42	KRMDKORU Medical Systems	0.5%	n/m	+22.4%	$146.4M
43	ANGOAngiodynamics	0.3%	n/m	+8.2%	$520M
44	ANIKAnika Therapeutics	0.2%	n/m	+5.3%	$286.7M
45	ATECAlphatec	0.1%	n/m	+19.5%	$1.7B

Not ranked: 63 with no positive free cash flow, 7 with not a meaningful number, 1 with a yield above 40% (usually a one-off). 21 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.