BVS vs BSX vs ALC Stock Comparison

Bioventus, Boston Scientific and Alcon Prices as of Oct 27, 2026 Peers: Industry group
BVS Bioventus Inc.
$14.42 +4.4% 1M +114.9% 1Y
Market cap
$1.21B
P/E
18.0x
Revenue (TTM)
$581.85M
Div. yield
–
Medical Devices Healthcare
5 wins
BSX Boston Scientific Corp
$45.08 +2.6% 1M -56.0% 1Y
Market cap
$65.33B
P/E
18.0x
Revenue (TTM)
$21.00B
Div. yield
–
Medical Devices Healthcare
5 wins
ALC Alcon Inc
$69.42 +7.7% 1M -8.8% 1Y
Market cap
$33.84B
P/E
53.2x
Revenue (TTM)
$10.80B
Div. yield
0.40%
Medical Devices Healthcare
1 win

Head to Head

11 decided of 12

Boston Scientific leads on 5 of the 12 questions below (Boston Scientific 5, Bioventus 5, Alcon 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBVSBSXALCLeader
Larger companyMarket capitalisation $1.21B $65.33B $33.84B BSX
Cheaper on earningsLower P/E, profitable companies only 18.0x 18.0x 53.2x BVS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.2x 14.4x 21.6x BSX
Faster revenue growthRevenue growth, trailing twelve months +3.1% +13.5% +8.5% BSX
More profitableNet margin, trailing twelve months 9.4% 17.5% 6.0% BSX
Better return on capitalReturn on invested capital 11.3% 10.5% 3.6% BVS
Less leveragedLower net debt / EBITDA 2.1x 2.2x — BVS
Higher dividend yieldTrailing dividend yield 0.00% — 0.40% –
Better 1-year returnPrice return, last 12 months +114.9% -56.0% -8.8% BVS
Better 5-year returnAnnualised price return, 5 years -0.7%/yr +0.8%/yr -3.5%/yr BSX
Less volatileAnnualised volatility, 1 year 50.7% 39.9% 28.6% ALC
Higher overall scoreMean of the five percentile scores vs peers 72/100 69/100 68/100 BVS

Percentile Scorecard

BVSBSXALC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBVSBSXALC
Valuation 94 #14 of 227 89 #26 of 227 79 #48 of 227
Growth 93 #17 of 219 86 #32 of 219 48 #114 of 219
Profitability 90 #22 of 206 91 #19 of 206 76 #50 of 206
Financial Health 28 #171 of 238 42 #138 of 238 60 #96 of 238
Shareholder Returns 55 #61 of 134 39 #82 of 134 74 #35 of 134
Overall 72 69 68
  • BVS ranked among 247 companies in Medical Devices and Diagnostics
  • BSX ranked among 247 companies in Medical Devices and Diagnostics
  • ALC ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBVSBSXALCSPY
1 month +4.4%+2.6%+7.7% -0.2%
3 months +9.2%-2.3%+0.4% +3.9%
6 months +44.8%-22.9%-7.9% +8.2%
Year to date +93.8%-52.7%-11.9% +12.9%
1 year +114.9%-56.0%-8.8% +12.3%
3 years +338.3%-9.0%-0.9% +87.4%
3 years, per year +63.7%-3.1%-0.3% +23.3%
5 years -3.7%+4.3%-16.1% +67.9%
5 years, per year -0.7%+0.8%-3.5% +10.9%
10 years —+109.8%— +261.1%
10 years, per year —+7.7%— +13.7%

Risk

MeasureBVSBSXALCSPY
Volatility, 1Y 50.7%39.9%28.6% 12.7%
Downside volatility, 1Y 47.4%46.9%28.8% 12.7%
Beta vs S&P 500, 1Y 0.620.140.38 1.00
Return / volatility, 1Y 2.27-1.40-0.31 0.97
Max drawdown, 5Y -94.5%-61.6%-38.4% -25.4%
From 52-week high -5.5%-57.1%-20.4% -1.2%
52-week high $15.26$104.98$87.18 $779.14
52-week low $6.53$41.57$62.02 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBVSBSXALC
P/E now vs peer median 18.0xmedian 29.6x 18.0xmedian 29.6x 53.2xmedian 29.6x
P/S now vs peer median 2.1xmedian 2.9x 3.1xmedian 2.9x 3.1xmedian 2.9x
EV/EBITDA now vs peer median 13.8xmedian 17.4x 13.9xmedian 17.4x —median 17.4x
P/FCF now vs peer median 12.8xmedian 22.3x 18.0xmedian 22.3x 19.4xmedian 22.3x
P/B now vs peer median 4.4xmedian 2.3x 2.6xmedian 2.3x 1.6xmedian 2.3x
PEG now vs peer median 0.61median 1.04 0.29median 1.04 2.54median 1.04

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBVSBSXALC
Revenue $581.85M $21.00B $10.80B
Gross profit $399.45M $14.68B $6.17B
Operating income $58.28M $4.15B $948.00M
Net income $61.48M $3.67B $643.00M
Free cash flow $94.29M $3.63B $1.74B
R&D $11.57M $2.15B $1.43B
EPS (diluted) $0.77 $2.49 $1.30
Cash & equivalents $29.46M $539.00M $1.36B
Total debt $248.45M $12.62B $4.72B
Shares (diluted) 70.84M 1.47B 496.20M
Enterprise value $1.10B $60.34B $24.80B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBVSBSXALC
P/E 18.0x 18.0x 53.2x
P/FCF 12.8x 18.0x 19.4x
P/Operating cash flow 12.5x 14.4x 14.6x
P/S 2.1x 3.1x 3.1x
P/B 4.4x 2.6x 1.6x
P/Tangible book -16.4x 3.6x 2.5x
EV/EBITDA 13.8x 13.9x –
EV/EBIT 24.5x 18.6x 38.4x
EV/Revenue 2.5x 3.7x 3.4x
EV/FCF 15.2x 21.4x 20.9x
EV/Operating cash flow 14.8x 17.1x 15.8x
PEG (3Y EPS CAGR) 0.61 0.29 2.54

Growth

14 metrics
MetricBVSBSXALC
Revenue growth (1Y) 3.1% 13.5% 8.5%
Revenue CAGR (3Y) 4.4% 16.1% 5.9%
Gross profit growth (1Y) 4.7% 16.3% 11.7%
Gross profit CAGR (3Y) 7.5% 16.4% 7.3%
Operating income growth (1Y) 68.5% 31.9% -34.3%
Operating income CAGR (3Y) 31.2% 31.5% 7.5%
Net income growth (1Y) 12,370% 46.9% -40.1%
Net income CAGR (3Y) 29.4% 59.0% 21.1%
EPS growth (1Y) 7,309% 48.6% -40.7%
EPS CAGR (3Y) 29.5% 61.5% 21.0%
Operating cash flow growth (1Y) 167.3% 5.7% 10.3%
Operating cash flow CAGR (3Y) 69.2% 28.7% 25.9%
Free cash flow growth (1Y) 176.5% 4.0% 7.5%
Free cash flow CAGR (3Y) 71.9% 33.9% 48.0%

Profitability

14 metrics
MetricBVSBSXALC
Gross margin 68.7% 69.9% 57.2%
EBITDA margin 17.8% 26.5% –
Operating margin 10.0% 19.8% 8.8%
Pretax margin 6.6% 18.4% 6.9%
Net margin 9.4% 17.5% 6.0%
FCF margin 16.2% 17.3% 16.1%
Operating cash flow margin 16.6% 21.6% 21.4%
Return on equity 24.0% 14.3% 2.9%
Return on assets 9.3% 8.2% 2.1%
Return on invested capital 11.3% 10.5% 3.6%
Return on capital employed 11.4% 10.8% 3.4%
Asset turnover 0.9x 0.5x 0.3x
Cash conversion (OCF / net income) 1.6x 1.2x 3.6x
Stock comp / revenue 2.6% 1.5% 1.6%

Financial Health

11 metrics
MetricBVSBSXALC
Debt / assets 36.9% 27.9% 15.2%
Debt / equity 0.9x 0.5x 0.2x
Net debt / EBITDA 2.1x 2.2x –
Debt / FCF 2.6x 3.5x 2.7x
Liabilities / assets 58.8% 44.3% 30.6%
Equity / assets 41.2% 55.7% 69.4%
Interest coverage – 11.4x 9.2x
Current ratio 1.7x 1.2x 2.1x
Quick ratio 1.1x 0.6x 1.3x
Cash ratio 0.2x 0.1x 0.7x
Altman Z-score 2.55 3.01 –

Shareholder Returns

7 metrics
MetricBVSBSXALC
Dividend yield – – 0.4%
Net buyback yield -0.1% -0.3% 2.7%
Shareholder yield -0.1% -0.3% 3.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBVSBSXALC
Forward P/E 19.2xFY2026 14.4xFY2026 21.6xFY2026
EPS, next fiscal year $0.75FY2026 $3.12FY2026 $3.22FY2026
EPS growth, next FY +10.3%FY2026 +2.0%FY2026 +7.7%FY2026
EPS growth, the year after +30.7% +14.7% +15.5%
Revenue, next fiscal year $632.22MFY2026 $20.67BFY2026 $10.50BFY2026
Revenue growth, next FY +11.3%FY2026 +3.0%FY2026 +4.3%FY2026
Revenue growth, the year after -2.6% +1.6% +8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBVSBSXALC
Held by institutions 64.1% 90.5% 48.8%
Institutions holding 156 1,481 629
Change in shares held, QoQ +5.8% -0.7% +5.3%
Institutions buying 101 738 225
Institutions selling 37 610 274
Buyers to sellers 2.73 1.21 0.82

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BVSBSXALC
BVS 1.00 0.20 0.27
BSX 0.20 1.00 0.29
ALC 0.27 0.29 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BVS, BSX and ALC?

Boston Scientific (BSX) is the largest by market capitalisation: Bioventus (BVS) $1.21B, Boston Scientific (BSX) $65.33B, Alcon (ALC) $33.84B.

Which stock is cheaper, BVS, BSX and ALC?

Bioventus (BVS) trades on the lowest price-to-earnings ratio (Bioventus (BVS) 18.0x, Boston Scientific (BSX) 18.0x, Alcon (ALC) 53.2x). On next year's consensus earnings, Boston Scientific (BSX) is cheapest (Bioventus (BVS) 19.2x, Boston Scientific (BSX) 14.4x, Alcon (ALC) 21.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Boston Scientific (BSX) grew revenue fastest over the trailing twelve months: Bioventus (BVS) +3.1%, Boston Scientific (BSX) +13.5%, Alcon (ALC) +8.5%.

Which company is more profitable?

Boston Scientific (BSX) has the highest net margin (Bioventus (BVS) 9.4%, Boston Scientific (BSX) 17.5%, Alcon (ALC) 6.0%). On return on invested capital, Bioventus (BVS) leads (Bioventus (BVS) 11.3%, Boston Scientific (BSX) 10.5%, Alcon (ALC) 3.6%).

Which stock has performed better?

Over the past year Bioventus (BVS) returned the most: Bioventus (BVS) +114.9%, Boston Scientific (BSX) -56.0%, Alcon (ALC) -8.8%. Over five years, Boston Scientific (BSX) compounded fastest (Bioventus (BVS) -0.7%/yr, Boston Scientific (BSX) +0.8%/yr, Alcon (ALC) -3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Bioventus (BVS) 0.00%, Alcon (ALC) 0.40%. Bioventus (BVS) and Boston Scientific (BSX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Alcon (ALC) has been the steadiest (Bioventus (BVS) 50.7%, Boston Scientific (BSX) 39.9%, Alcon (ALC) 28.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BVS, BSX and ALC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Boston Scientific (BSX) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.