Medical instruments and supplies stocks with the lowest EV/EBIT

Ranked

46

of 137 medical instruments and supplies stocks we cover

Median

21.5×

Lowest

6.0×

UTMD

Range

6.0× to 298×

#	Company	EV/EBIT	PE	Operating margin	Market cap
1	UTMDUtah Medical Products	6.0×	22.6×	28.4%	$236.3M
2	EMBCEmbecta	6.7×	4.6×	21.9%	$380.2M
3	LNSRLENSAR	7.0×	n/m	−13.5%	$74.6M
4	KEQUKewaunee Scientific	7.2×	11.9×	5.4%	$94.9M
5	APTAlpha Pro Tech	8.2×	13.6×	7.5%	$56.7M
6	SOLVSolventum	8.4×	10.4×	25.0%	$14.5B
7	SMTISanara MedTech	8.8×	n/m	7.7%	$301.4M
8	VNTVontier	10.9×	14.3×	18.8%	$4.6B
9	MOVMovado	11.8×	17.5×	6.9%	$701.9M
10	TCMDTactile Systems Technology	13.3×	21.9×	10.0%	$535.5M
11	TFXTeleflex	14.5×	n/m	2.0%	$5.8B
12	NVSTEnvista	14.9×	40.7×	9.6%	$3.8B
13	PDEXPro DEX	16.0×	15.1×	16.8%	$199.3M
14	ALGNAlign Technology	16.2×	26.9×	13.2%	$11B
15	GMEDGlobus Medical	16.3×	20.8×	20.3%	$10.9B
16	COOCooper Companies	17.2×	20.9×	12.8%	$11.6B
17	MSAMSA Safety	18.0×	22.7×	21.2%	$7B
18	RMDResMed	18.7×	24.2×	33.4%	$36.5B
19	EYENational Vision	19.2×	30.6×	4.1%	$1.5B
20	PODDInsulet	20.4×	27.9×	16.9%	$10.3B
21	NEPHNephros	20.5×	22.1×	7.9%	$38.3M
22	IARTIntegra Lifesciences	20.7×	n/m	4.0%	$926.3M
23	SNWVSANUWAVE Health	20.9×	n/m	4.7%	$44.9M
24	BDXBecton, Dickinson and	22.1×	60.1×	9.6%	$54.2B
25	INFUInfuSystem	22.4×	34.0×	9.3%	$277.6M
26	LMATLemaitre Vascular	22.6×	29.6×	29.5%	$1.9B
27	CDRECadre	23.2×	37.0×	10.1%	$1.3B
28	UFPTUFP Technologies	24.9×	31.9×	15.3%	$2.3B
29	BVSBioventus	26.2×	19.4×	10.0%	$1.3B
30	BMIBadger Meter	26.2×	35.3×	18.6%	$4.4B
31	HAEHaemonetics	26.8×	58.1×	11.9%	$5.4B
32	MMSIMerit Medical Systems	28.6×	38.6×	12.8%	$5.6B
33	BLCOBausch & Lomb	31.3×	n/m	6.1%	$6.2B
34	INSPInspire Medical Systems	32.6×	15.4×	6.0%	$2.1B
35	IRMDIradimed	37.7×	47.9×	31.9%	$1.1B
36	WSTWest Pharmaceutical Services	39.5×	50.2×	20.5%	$27.6B
37	BAXBaxter International	39.6×	n/m	−2.4%	$13.1B
38	ICUIICU Medical	45.9×	141×	3.3%	$4.2B
39	ISRGIntuitive Surgical	47.5×	54.7×	28.4%	$159.8B
40	MDXGMimedx	51.6×	97.8×	2.5%	$569.9M
41	STAAStaar Surgical	57.7×	323×	4.0%	$1.1B
42	PENPenumbra	65.8×	79.7×	12.4%	$12.8B
43	AORTArtivion	68.9×	n/m	4.4%	$1.1B
44	ENOVEnovis CORP	191×	n/m	−45.1%	$1.2B
45	ATRCAtriCure	208×	281×	2.3%	$3B
46	OFIXOrthofix Medical	298×	n/m	−4.7%	$399.6M

Not ranked: 79 with a loss over the last year, 5 with not a meaningful number, 1 with a value too high to mean anything. 6 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.