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Alternative stocks to Profound Medical (TSX:PRN)


These are the alternatives to Profound Medical that fall within the same industry, Health Care Equipment, or region, Canada.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Profound Medical Performance

Profound Medical stock research in summary

profoundmedical.com


Profound Medical shares are more expensive than other comparable stocks. They show below average growth, are riskily financed, and are poor value. We recommend evaluating whether the future of the company Profound Medical is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


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Country Canada
Industry Health Care Equipment
Index
Size class X-Small

Large companies - similar industry as Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. ResMed (XL, US)  Health Care Equipment
1. ResMed (XL, US)   Health Care Equipment 56 65 76 94
2. Colfax (XL, US)  Health Care Equipment
2. Colfax (XL, US)   Health Care Equipment 71 29 83 88
3. Zimmer (XL, US)  Health Care Equipment
3. Zimmer (XL, US)   Health Care Equipment 96 27 56 86
4. Edwards Lifesciences (XL, US)  Health Care Equipment
4. Edwards Lifesciences (XL, US)   Health Care Equipment 10 63 100 80
5. Abbott Laboratories (XXL, US)  Health Care Equipment
5. Abbott Laboratories (XXL, US)   Health Care Equipment 70 23 74 63
6. Baxter (XXL, US)  Health Care Equipment
6. Baxter (XXL, US)   Health Care Equipment 98 33 34 63
7. Becton Dickinson (XXL, US)  Health Care Equipment
7. Becton Dickinson (XXL, US)   Health Care Equipment 91 35 19 61
8. Stryker (XXL, US)  Health Care Equipment
8. Stryker (XXL, US)   Health Care Equipment 55 65 27 54
9. Intuitive Surgical (XL, US)  Health Care Equipment
9. Intuitive Surgical (XL, US)   Health Care Equipment 6 87 100 41
10. Boston Scientific (XL, US)  Health Care Equipment
10. Boston Scientific (XL, US)   Health Care Equipment 10 89 29 35

May 2, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Celestica (XL, CA)  Electr. Manufacturing Services
1. Celestica (XL, CA)   Electr. Manufacturing Services 85 77 83 100
2. Linamar (XL, CA)  Auto Parts & Equipment
2. Linamar (XL, CA)   Auto Parts & Equipment 88 49 100 100
3. West Fraser (XL, CA)  Forest Products
3. West Fraser (XL, CA)   Forest Products 78 91 75 100
4. Open Text (XL, CA)  Application Software
4. Open Text (XL, CA)   Application Software 100 51 57 98
5. Fairfax (XXL, CA)  Property & Casualty Insurance
5. Fairfax (XXL, CA)   Property & Casualty Insurance 88 53 65 96
6. ATCO (XL, CA)  Multi-Utilities
6. ATCO (XL, CA)   Multi-Utilities 100 27 81 93
7. Cenovus (XXL, CA)  Oil & Gas Integrated
7. Cenovus (XXL, CA)   Oil & Gas Integrated 73 49 84 92
8. Canfor (XL, CA)  Forest Products
8. Canfor (XL, CA)   Forest Products 45 79 82 92
9. Manulife Financial (XXL, CA)  Life & Health Insurance
9. Manulife Financial (XXL, CA)   Life & Health Insurance 70 33 100 91
10. Russel Metals (XL, CA)  Trading & Distribution
10. Russel Metals (XL, CA)   Trading & Distribution 94 18 96 90

May 2, 2024


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Mid sized companies - similar industry as Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Cue Health (M, US)  Health Care Equipment
1. Cue Health (M, US)   Health Care Equipment 87 81 89 100
2. AngioDynamics (M, US)  Health Care Equipment
2. AngioDynamics (M, US)   Health Care Equipment 85 7 96 95
3. Envista Holdings (L, US)  Health Care Equipment
3. Envista Holdings (L, US)   Health Care Equipment 85 11 98 92
4. Teleflex (L, US)  Health Care Equipment
4. Teleflex (L, US)   Health Care Equipment 98 11 67 88
5. Inogen (M, US)  Health Care Equipment
5. Inogen (M, US)   Health Care Equipment 82 39 81 87
6. Globus Medical (L, US)  Health Care Equipment
6. Globus Medical (L, US)   Health Care Equipment 64 73 95 83
7. Varex Imaging (L, US)  Health Care Equipment
7. Varex Imaging (L, US)   Health Care Equipment 76 11 88 80
8. CONMED (L, US)  Health Care Equipment
8. CONMED (L, US)   Health Care Equipment 100 53 20 71
9. Penumbra (M, US)  Health Care Equipment
9. Penumbra (M, US)   Health Care Equipment 18 29 92 62
10. Integra LifeSciences (L, US)  Health Care Equipment
10. Integra LifeSciences (L, US)   Health Care Equipment 87 1 82 61

May 2, 2024


Mid sized companies - similar region as Profound Medical

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Magellan Aerospace (M, CA)  Aerospace & Defense
1. Magellan Aerospace (M, CA)   Aerospace & Defense 98 71 100 100
2. Fairfax India Holdings (M, CA)  Asset Management & Custody
2. Fairfax India Holdings (M, CA)   Asset Management & Custody 67 95 93 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 96 53 79 98
4. Leon's Furniture (L, CA)  Homefurnishing Retail
4. Leon's Furniture (L, CA)   Homefurnishing Retail 88 69 81 98
5. Peyto (M, CA)  Oil & Gas Production
5. Peyto (M, CA)   Oil & Gas Production 94 93 55 98
6. Onex (L, CA)  Asset Management & Custody
6. Onex (L, CA)   Asset Management & Custody 52 99 82 97
7. Dundee Precious Metals (M, CA)  Gold Production
7. Dundee Precious Metals (M, CA)   Gold Production 84 31 98 96
8. Canaccord Genuity (L, CA)  Investment Banking & Brokerage
8. Canaccord Genuity (L, CA)   Investment Banking & Brokerage 96 47 88 95
9. Jamieson Wellness (M, CA)  Personal Products
9. Jamieson Wellness (M, CA)   Personal Products 91 67 59 93
10. Centerra (L, CA)  Gold Production
10. Centerra (L, CA)   Gold Production 94 23 94 92

May 2, 2024



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