Vyome (HIND) & Its Peers Critical Review

Vyome (NASDAQ:HIND) is one of 28 public companies in the “Surgical, Medical, And Dental Instruments And Supplies” industry, but how does it weigh in compared to its competitors? We will compare Vyome to similar companies based on the strength of its valuation, earnings, analyst recommendations, profitability, risk, institutional ownership and dividends.

Earnings & Valuation

This table compares Vyome and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Vyome	$303,085.00	-$7.13 million	-0.02
Vyome Competitors	$58.84 million	-$32.15 million	4.18

Vyome’s competitors have higher revenue, but lower earnings than Vyome. Vyome is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Insider & Institutional Ownership

22.1% of Vyome shares are owned by institutional investors. Comparatively, 22.5% of shares of all “Surgical, Medical, And Dental Instruments And Supplies” companies are owned by institutional investors. 33.0% of Vyome shares are owned by company insiders. Comparatively, 18.1% of shares of all “Surgical, Medical, And Dental Instruments And Supplies” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Vyome and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Vyome	-270.58%	-423.39%	-166.02%
Vyome Competitors	-672.41%	-133.75%	-59.01%

Volatility and Risk

Vyome has a beta of 1.5, indicating that its share price is 50% more volatile than the S&P 500. Comparatively, Vyome’s competitors have a beta of 1.76, indicating that their average share price is 76% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for Vyome and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Vyome	1	0	2	0	2.33
Vyome Competitors	77	76	156	6	2.29

Vyome currently has a consensus target price of $15.00, suggesting a potential upside of 479.15%. As a group, “Surgical, Medical, And Dental Instruments And Supplies” companies have a potential upside of 36.91%. Given Vyome’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Vyome is more favorable than its competitors.

Summary

Vyome competitors beat Vyome on 7 of the 13 factors compared.

Vyome Company Profile

ReShape Lifesciences Inc., a medical device company, provides products and services that manages and treat obesity and metabolic diseases in the United States, Australia, Europe, and internationally. The company’s product portfolio includes Lap-Band System, a minimally invasive long-term treatment of severe obesity and more invasive surgical stapling procedures, such as the gastric bypass or sleeve gastrectomy; and ReShape Vest system, an investigational, minimally invasive, laparoscopically implanted medical device that wraps around the stomach to enable weight loss in obese and morbidly obese patients without cutting or permanently removing portions of the stomach, or bypassing any portion of the gastrointestinal tract. It also offers ReShapeCare virtual health coaching program, a virtual telehealth weight management program that supports healthy lifestyle changes for all medically managed weight-loss patients; and ReShape Diabetes Bloc-Stim Neuromodulation, a technology that is in preclinical development for the treatment of type 2 diabetes mellitus. In addition, the company provides Obalon Balloon System, a swallowable capsule used to track and display the location of the balloon during placement. The company was formerly known as EnteroMedics Inc. and changed its name to ReShape Lifesciences Inc. in 2017. ReShape Lifesciences Inc. was incorporated in 2002 and is headquartered in San Clemente, California.