Comparing Modular Medical (MODD) & The Competition

Modular Medical (NASDAQ:MODD) is one of 212 public companies in the “Surgical & medical instruments” industry, but how does it contrast to its peers? We will compare Modular Medical to similar businesses based on the strength of its risk, analyst recommendations, institutional ownership, profitability, earnings, valuation and dividends.

Profitability

This table compares Modular Medical and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Modular Medical	N/A	-159.51%	-137.42%
Modular Medical Competitors	-616.54%	-293.32%	-27.39%

Earnings & Valuation

This table compares Modular Medical and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Modular Medical	N/A	-$13.88 million	-0.98
Modular Medical Competitors	$1.23 billion	$62.31 million	14.91

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

Risk & Volatility

Modular Medical has a beta of 0.11, suggesting that its share price is 89% less volatile than the S&P 500. Comparatively, Modular Medical’s peers have a beta of 1.28, suggesting that their average share price is 28% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current recommendations for Modular Medical and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Modular Medical	0	0	1	0	3.00
Modular Medical Competitors	1163	3677	7480	194	2.54

Modular Medical currently has a consensus price target of $4.25, indicating a potential upside of 266.38%. As a group, “Surgical & medical instruments” companies have a potential upside of 35.29%. Given Modular Medical’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Modular Medical is more favorable than its peers.

Insider and Institutional Ownership

29.4% of Modular Medical shares are held by institutional investors. Comparatively, 46.0% of shares of all “Surgical & medical instruments” companies are held by institutional investors. 59.2% of Modular Medical shares are held by company insiders. Comparatively, 14.4% of shares of all “Surgical & medical 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.

Summary

Modular Medical peers beat Modular Medical on 7 of the 13 factors compared.

About Modular Medical

Modular Medical, Inc. operates as a development stage medical device company. It focuses on the design, development, and commercialization of insulin pumps. It offers MODD1, a two-part patch pump for diabetes. The company was founded in 1998 and is headquartered in San Diego, California.