Reviewing enVVeno Medical (NASDAQ:NVNO) & Profound Medical (NASDAQ:PROF)
by Jessica Moore · The Cerbat GemenVVeno Medical (NASDAQ:NVNO – Get Free Report) and Profound Medical (NASDAQ:PROF – Get Free Report) are both small-cap medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, valuation, institutional ownership, analyst recommendations, profitability, risk and earnings.
Analyst Recommendations
This is a breakdown of current recommendations and price targets for enVVeno Medical and Profound Medical, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| enVVeno Medical | 0 | 0 | 0 | 0 | 0.00 |
| Profound Medical | 0 | 0 | 3 | 1 | 3.25 |
Profound Medical has a consensus price target of $13.75, suggesting a potential upside of 96.99%. Given Profound Medical’s stronger consensus rating and higher possible upside, analysts plainly believe Profound Medical is more favorable than enVVeno Medical.
Insider and Institutional Ownership
34.7% of enVVeno Medical shares are held by institutional investors. Comparatively, 47.9% of Profound Medical shares are held by institutional investors. 16.0% of enVVeno Medical shares are held by insiders. Comparatively, 1.5% of Profound Medical shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Volatility & Risk
enVVeno Medical has a beta of 1.22, indicating that its stock price is 22% more volatile than the S&P 500. Comparatively, Profound Medical has a beta of 0.88, indicating that its stock price is 12% less volatile than the S&P 500.
Profitability
This table compares enVVeno Medical and Profound Medical’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| enVVeno Medical | N/A | -48.72% | -45.96% |
| Profound Medical | -349.41% | -85.22% | -64.87% |
Earnings and Valuation
This table compares enVVeno Medical and Profound Medical”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| enVVeno Medical | N/A | N/A | -$23.52 million | ($1.29) | -2.19 |
| Profound Medical | $8.98 million | 23.33 | -$28.57 million | ($1.34) | -5.21 |
enVVeno Medical has higher earnings, but lower revenue than Profound Medical. Profound Medical is trading at a lower price-to-earnings ratio than enVVeno Medical, indicating that it is currently the more affordable of the two stocks.
Summary
enVVeno Medical beats Profound Medical on 8 of the 14 factors compared between the two stocks.
About enVVeno Medical
enVVeno Medical Corporation (Nasdaq: NVNO) is an medical device company focused on the development of innovative bioprosthetic (tissue-based) devices to improve the standard of care in the treatment of venous disease. The company’s lead product, the VenoValve®️, is a first-in-class, surgical implant being developed for the treatment of severe deep venous Chronic Venous Insufficiency (CVI). Deep venous CVI occurs when valves inside of the deep veins of the leg become damaged, resulting in insufficient blood being returned to the heart. The malfunctioning vein valves cause blood to flow backwards (reflux) and pool in the lower leg, increasing the pressure within the veins of the leg (venous hypertension). In the most severe cases, CVI can lead to venous ulcers (open skin sores) that become chronic and difficult to heal. The VenoValve is implanted in the femoral vein and works as a replacement venous valve, designed to reduce reflux and venous hypertension, and to restore proper directional blood flow back to the heart. With severe deep venous CVI impacting an estimated 2.4 million people in the U.S., who have no effective treatment options, the VenoValve has received Breakthrough Device Designation from the U.S. Food and Drug Administration, and is currently being evaluated in the SAVVE U.S. clinical trial.
About Profound Medical
Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops and markets incision-free therapeutic systems for the image guided ablation of diseased tissue in Canada, Germany, the United States, and Finland. Its lead product TULSA-PRO system combines magnetic resonance imaging(MRI), robotically-driven transurethral sweeping action/thermal ultrasound and closed-loop temperature feedback control to provide precise, flexible, and durable ablation of a surgeon defined region of prostate and protect the urethra and rectum. The company also offers Sonalleve, which combines real-time MRI and thermometry for the treatment of uterine fibroids, adenomyotic tissue, palliative pain treatment of bone metastases, osteoid osteoma, and management of benign tumors. Profound Medical Corp. is headquartered in Mississauga, Canada.