Adagio Medical (NASDAQ:ADGM – Get Free Report) is one of 142 public companies in the “MED INSTRUMENTS” industry, but how does it weigh in compared to its competitors? We will compare Adagio Medical to related companies based on the strength of its institutional ownership, earnings, analyst recommendations, risk, valuation, dividends and profitability.
Volatility & Risk
Adagio Medical has a beta of 0.14, suggesting that its stock price is 86% less volatile than the S&P 500. Comparatively, Adagio Medical’s competitors have a beta of 1.88, suggesting that their average stock price is 88% more volatile than the S&P 500.
Valuation & Earnings
This table compares Adagio Medical and its competitors top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Adagio Medical | $266,000.00 | -$75.04 million | -0.53 |
| Adagio Medical Competitors | $1.75 billion | $196.07 million | 5.25 |
Profitability
This table compares Adagio Medical and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Adagio Medical | N/A | -791.01% | -199.58% |
| Adagio Medical Competitors | -482.31% | -113.49% | -21.33% |
Insider & Institutional Ownership
48.1% of Adagio Medical shares are held by institutional investors. Comparatively, 54.1% of shares of all “MED INSTRUMENTS” companies are held by institutional investors. 5.2% of Adagio Medical shares are held by company insiders. Comparatively, 14.1% of shares of all “MED INSTRUMENTS” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Adagio Medical and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Adagio Medical | 1 | 0 | 0 | 0 | 1.00 |
| Adagio Medical Competitors | 1229 | 3827 | 7161 | 271 | 2.52 |
As a group, “MED INSTRUMENTS” companies have a potential upside of 9.35%. Given Adagio Medical’s competitors stronger consensus rating and higher probable upside, analysts clearly believe Adagio Medical has less favorable growth aspects than its competitors.
Summary
Adagio Medical competitors beat Adagio Medical on 12 of the 13 factors compared.
Adagio Medical Company Profile
Adagio Medical Holdings, Inc., a developmental stage medical device company, focuses on the development and commercialization of ablation technologies for the treatment of cardiac arrhythmias. It offers treatment for cardiac arrhythmias, including atrial fibrillation, atrial flutter, and ventricular tachycardia. The company’s product portfolio includes iCLAS atrial ultra-low temperature cryoablation (ULTC) catheter and accessories; vCLAS ventricular ULTC catheter; and Cryopulse atrial pulsed-field cryoablation catheter and accessories. The company is based in Laguna Hills, California.
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