COMP <GO>
HTFL vs ICUI // EV/EBITDA & P/E VALUATION
Heartflow Inc. (NASDAQ) VS. ICU Medical Inc. (NASDAQ) • 15-METRIC TALLY: HTFL 4
— ICUI 5
■ METRIC PARITY
LAST: $60.53 (+2.42%) • MKT CAP: $5.26B
valuation
—
LAST: $168.65 (+1.36%) • MKT CAP: $4.22B
valuation
46.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HTFL VS. ICUI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HTFL | ICUI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 76.80% | 36.80% | +40.00 | HTFL | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -12.00% | 1.00% | -13.00 | ICUI | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 46.6x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -1.12% | 2.18% | -3.30 | ICUI | /fcf-yield <GO> |
| Operating Margin | -36.40% | 1.90% | -38.30 | ICUI | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 0.00% | -60.00 | ICUI | /net-margins <GO> |
| Revenue Growth (YoY) | 39.90% | -6.30% | +46.20 | HTFL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 26.00 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 8/9 | -3.00 | ICUI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 69.9 | 50.1 | +19.83 | HTFL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.90 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 27.0x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.26B | $4.22B | $1.05B | HTFL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HTFL REV | ICUI REV | HTFL GROSS % | ICUI GROSS % | HTFL FCF | ICUI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $176.0M | $2.23B | 76.8% | 36.8% | -$59.0M | $91.8M |
| FY 2024 | $125.8M | $2.38B | 75.1% | 34.6% | -$73.4M | $124.7M |
| FY 2023 | $87.2M | $2.26B | — | — | -$80.4M | $166.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HTFL // BETA 0.90
ICUI // BETA —