Paragon [FNA] vs Novocure [NVCR] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Paragon 28 Inc. wins in 7 metrics, Novocure Ltd. wins in 11 metrics, with 0 ties. Novocure Ltd. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Paragon 28 Inc. Novocure Ltd. Better
P/E Ratio (TTM) N/A -10.32 N/A
Price-to-Book Ratio 8.41 4.04 Novocure Ltd.
Debt-to-Equity Ratio 86.22 72.95 Novocure Ltd.
PEG Ratio -27.85 0.16 Novocure Ltd.
EV/EBITDA -52.91 -8.82 Novocure Ltd.
Profit Margin (TTM) -21.33% -20.79% Novocure Ltd.
Operating Margin (TTM) -8.97% -21.33% Paragon 28 Inc.
Return on Equity -36.39% -38.89% Paragon 28 Inc.
Return on Assets (TTM) -8.18% -9.06% Paragon 28 Inc.
Free Cash Flow (TTM) $-44.10M $-75.68M Paragon 28 Inc.
1-Year Return 33.57% -10.83% Paragon 28 Inc.
Price-to-Sales Ratio (TTM) 4.29 2.16 Novocure Ltd.
Enterprise Value $1.18B $1.19B Novocure Ltd.
EV/Revenue Ratio 4.59 1.82 Novocure Ltd.
Gross Profit Margin (TTM) 72.92% 75.82% Novocure Ltd.
Revenue per Share (TTM) $3 $6 Novocure Ltd.
Earnings per Share (Diluted) $-0.66 $-1.22 Paragon 28 Inc.
Beta (Stock Volatility) 1.47 0.82 Novocure Ltd.
Short % of Float 2.13% 12.45% Paragon 28 Inc.

Paragon 28 Inc. vs Novocure Ltd. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Paragon 28 Inc.0.00%0.54%0.54%0.54%0.54%0.54%
Novocure Ltd.11.39%-4.94%-4.61%21.43%36.75%23.09%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Paragon 28 Inc.33.57%-29.09%-30.04%-30.04%-30.04%-30.04%
Novocure Ltd.-10.83%-78.57%-91.72%57.34%-6.78%-6.78%

Performance & Financial Health Analysis: Paragon 28 Inc. vs Novocure Ltd.

MetricFNANVCR
Market Information
Market Cap i$1.10B$1.46B
Market Cap CategorySmall capSmall cap
10 Day Avg. Volume i4,859,6371,138,762
90 Day Avg. Volume i2,418,2791,141,014
Last Close$13.09$17.99
52 Week Range$4.65 - $13.13$9.82 - $19.25
% from 52W High-0.30%-6.55%
All-Time High$25.41 (Nov 08, 2021)$232.76 (Jun 21, 2021)
% from All-Time High-48.48%-92.27%
Growth Metrics
Quarterly Revenue Growth0.19%0.08%
Quarterly Earnings Growth0.18%0.08%
Financial Health
Profit Margin (TTM) i-0.21%-0.21%
Operating Margin (TTM) i-0.09%-0.21%
Return on Equity (TTM) i-0.36%-0.39%
Debt to Equity (MRQ) i86.2272.95
Cash & Liquidity
Book Value per Share (MRQ)$1.56$3.03
Cash per Share (MRQ)$0.41$3.93
Operating Cash Flow (TTM) i$-27,148,000$-49,031,000
Levered Free Cash Flow (TTM) i$-22,887,124$-37,975,376
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: Paragon 28 Inc. vs Novocure Ltd.

MetricFNA (May 17, 2025)NVCR (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) iN/A-10.32
Forward P/E i-27.85-10.49
PEG Ratio i-27.850.16
Price to Sales (TTM) i4.292.16
Price to Book (MRQ) i8.414.04
Market Capitalization
Market Capitalization i$1.10B$1.46B
Enterprise Value i$1.18B$1.19B
Enterprise Value Metrics
Enterprise to Revenue i4.591.82
Enterprise to EBITDA i-52.91-8.82
Risk & Other Metrics
Beta i1.470.82
Book Value per Share (MRQ) i$1.56$3.03

Financial Statements Comparison: Paragon 28 Inc. vs Novocure Ltd.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricFNA (2024)NVCR (2025)
Revenue/Sales i256.18M655.35M
Cost of Goods Sold i64.69M166.88M
COGS % of Revenue i25.3%25.5%
Gross Profit i191.49M488.47M
Gross Margin i74.7%74.5%
Research & Development i27.07M224.54M
Operating Income (EBIT) i-40.78M-153.80M
Operating Margin i-15.9%-23.5%
EBITDA i-23.40M-100.24M
EBITDA Margin i-9.1%-15.3%
Pre-Tax Income i-53.48M-136.25M
Pre-Tax Income % of Revenue i-20.9%-20.8%
Income Tax i1.16M-23,000
Income Tax % of Revenue i0.5%0.0%
Net Income (Profit) i-54.64M-136.23M
Profit Margin i-21.3%-20.8%

Balance Sheet & Liquidity Metrics

MetricFNA (2024)NVCR (2025)
Cash & Equivalents i34.58M93.55M
Total Current Assets i168.85M646.73M
Total Current Assets % of Revenue i65.9%98.7%
Total Current Liabilities i48.13M223.23M
Total Current Liabilities % of Revenue i18.8%34.1%
Long-Term Debt i110.05M236.69M
Long-Term Debt % of Revenue i43.0%36.1%
Total Shareholders Equity i130.59M340.47M
Retained Earnings i-178.29M-1.29B
Retained Earnings % of Revenue i-69.6%-196.9%
Property, Plant & Equipment i73.83M115.82M

Cash Flow Statement Comparison

MetricFNA (2024)NVCR (2025)
Operating Cash Flow i-41.59M-50.83M
Operating Cash Flow % of Revenue i-16.2%-7.8%
Capital Expenditures i-14.53M-26.65M
Free Cash Flow i-44.10M-75.68M
FCF Margin i-17.2%-11.5%
Debt Repayment i-640,000-560.95M
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricFNANVCR
Shares Short i1.07M9.06M
Short Ratio i0.646.78
Short % of Float i2.13%12.45%
Shares Outstanding i83.86M112.49M
Float Shares i44.19M94.63M
% Held by Insiders i31.22%9.32%
% Held by Institutions i50.84%85.24%
% Held by Public i17.94%5.44%

Dividend Analysis & Yield Comparison: Paragon 28 Inc. vs Novocure Ltd.

MetricFNANVCR
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A