Nihon Kohden (OTCMKTS:NHNKY) vs. IDEXX Laboratories (NASDAQ:IDXX) Critical Analysis

Nihon Kohden (OTCMKTS:NHNKYGet Free Report) and IDEXX Laboratories (NASDAQ:IDXXGet Free Report) are both medical companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, profitability, institutional ownership, earnings, dividends and analyst recommendations.

Volatility & Risk

Nihon Kohden has a beta of 0.41, suggesting that its stock price is 59% less volatile than the S&P 500. Comparatively, IDEXX Laboratories has a beta of 1.58, suggesting that its stock price is 58% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Nihon Kohden and IDEXX Laboratories, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nihon Kohden 0 1 0 1 3.00
IDEXX Laboratories 0 4 7 0 2.64

IDEXX Laboratories has a consensus target price of $751.00, indicating a potential upside of 42.02%. Given IDEXX Laboratories’ higher possible upside, analysts plainly believe IDEXX Laboratories is more favorable than Nihon Kohden.

Insider and Institutional Ownership

0.1% of Nihon Kohden shares are held by institutional investors. Comparatively, 87.8% of IDEXX Laboratories shares are held by institutional investors. 0.8% of IDEXX Laboratories shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares Nihon Kohden and IDEXX Laboratories”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nihon Kohden $1.56 billion 1.02 $96.41 million $0.59 15.77
IDEXX Laboratories $4.30 billion 9.69 $1.06 billion $13.58 38.94

IDEXX Laboratories has higher revenue and earnings than Nihon Kohden. Nihon Kohden is trading at a lower price-to-earnings ratio than IDEXX Laboratories, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Nihon Kohden and IDEXX Laboratories’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nihon Kohden 6.08% 9.48% 6.71%
IDEXX Laboratories 24.63% 70.87% 32.56%

Summary

IDEXX Laboratories beats Nihon Kohden on 13 of the 15 factors compared between the two stocks.

About Nihon Kohden

(Get Free Report)

Nihon Kohden Corporation engages in development, manufacturing, sale, maintenance, and consultation of medical electronic equipment, and related systems and products in Japan, Americas, Europe, rest of Asia, and internationally. It offers physiological measuring equipment comprising electrocardiographs, electroencephalographs, and polygraphs for Cath-labs; patient monitoring systems, such as beside and central monitors; and treatment equipment including defibrillators, automated external defibrillators, ventilators, and pacemakers. The company also provides medical support system, which includes diagnostic and clinical information system; and in-vitro diagnostic equipment comprising hematology and clinical chemistry analyzers. In addition, it operates insurance brokerage and technology licensing business. The company was incorporated in 1951 and is headquartered in Shinjuku, Japan.

About IDEXX Laboratories

(Get Free Report)

IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets in Africa, the Asia Pacific, Canada, Europe, Latin America, and internationally. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. It also provides point-of-care veterinary diagnostic products, including instruments, consumables, and rapid assay test kits; veterinary reference laboratory diagnostic and consulting services; practice management and diagnostic imaging systems and services for veterinarians; and health monitoring, biological materials testing, and laboratory diagnostic instruments, and services for biomedical research community. In addition, the company offers diagnostic and health-monitoring products for livestock, poultry, and dairy; products that test water for various microbiological contaminants; point-of-care electrolytes and blood gas analyzers; in-clinic chemistry, blood and urine chemistry, hematology, immunoassay, urinalysis, and coagulation analyzers; and SNAP rapid assays test kits. Further, it provides Colilert, Colilert-18, and Colisure tests, which detect the presence of total coliforms and E. coli in water; Enterolert, Pseudalert, Filta-Max and Filta-Max xpress, Legiolert, and Quanti-Tray products; and veterinary software and services for independent veterinary clinics and corporate groups. Additionally, the company offers human medical point-of-care products and laboratory diagnostics services. The company markets its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was incorporated in 1983 and is headquartered in Westbrook, Maine.

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