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Company Analysis

908 Devices Inc. MASS

A comprehensive view of key metrics, scores, and financial health for 908 Devices Inc.

Overview of 908 Devices Inc.

MASS NGM
Healthcare Medical Devices Framework: Medical Devices & Diagnostics Small Cap
908 Devices Inc. (MASS), is a Small Cap company, in the Medical Devices industry, last closed at $12.36, about 91.8% overvalued vs fair value, +54.7% 1Y return, ranked 672/1145 in sector.
Metrics P/E 9.7× Rev Growth 17.7% ROE 15.1% Gross Margin 50.6%
USD 12.36
6.09%
(Delayed)
• Vol 90d: 54.3%
52-Week Range
Market Cap
$510.88M
Enterprise Value
$447.87M
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 82%
Confidence: 88%
Updated: Oct 24
Top Beats

Quick Facts

Website https://908devices.com
HQ Burlington, MA
Employees 246
Fiscal year Dec 31

Next Events

Earnings Nov 10

Fair Value Snapshot

Bear Base Bull
$1
$1
$1
Current: $12.36 -92% vs base

Engine Room Money Flow™

Small Cap

Medical Devices & Diagnostics - Where revenue goes and how value is created

Flow Steps
Total Revenue
$56.2M
17.7%%
Gross Profit
$28.4M
16%%
Operating Income (GAAP)
-$39.4M
31.3%%
EBITDA
-$21.2M
16%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Medical Devices & Diagnostics

Quality & Reliability Indicators

Gross Margin
50.6%
Good

Gross Profit / Revenue — primary moat signal for MedTech. ≥65% indicates IP-protected consumables with strong pricing power.

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Where It Leaks

Cash Flow Health some concerns
Moderate efficiency issues detected. Review active leaks below for improvement areas.
1
Active Leaks
0/1
Improving
1
High Impact
0
Critical
Moat Analysis Medical Devices & Diagnostics

Competitive Advantage Assessment

Evaluating 908 Devices Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
49
/100
Developing
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Expanding Operating Margin Operating margin trend is positive (score 0.61). Margin expansion confirms commercial leverage is building.
  • Conservative Leverage Leverage position is conservative vs peers (score 0.71). Balance sheet flexibility is a strategic asset for serial acquirers.

Key risks

  • Below-Peer Gross Margins Gross margin quality lags peers (score 0.37). May indicate commodity-like product mix or distributor margin drag.
  • Thin Interest Coverage Interest coverage lags peers (score 0.03). Thin coverage limits M&A optionality and raises refinancing risk.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power & Consumable Moat

Developing
48
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Signals, strengths and risks for Pricing Power & Consumable Moat

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Signals, strengths and risks for R&D Pipeline & Capital Returns

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Signals, strengths and risks for FCF Quality & Cash Conversion

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Signals, strengths and risks for Commercial Execution

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Signals, strengths and risks for Capital Structure & Resilience

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Signals, strengths and risks for Growth Durability

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Healthcare: MedTech (Devices & Supplies) vs Industry Peers 87% Coverage
Trade-Off Triangle Visualization A ternary plot showing MASS's balance between Growth (44.8%), Profitability (29.1%), and Safety (26.2%). Growth 45% Safety 26% Profitability 29%

Click axes to expand details. Marker shows current allocation.

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Growth

64th percentile vs peers
65
Key Signals
Rev Growth YoY 17.7% 73p EPS Growth YoY 1.26 92p Revenue CAGR 3Y 6.2% 49p Asset Growth YoY 19.2% 81p TSR -70.5% 5p
Strengths
  • EPS Growth YoY in top 20% of peers (1.26, 92th percentile)
  • Growth above peer median with strong metric coverage (85%)
  • Debt/Assets in top 20% of peers (2.4%, 86th percentile)
  • Conservative leverage compared to industry peers
Risks

No significant risks identified for this axis.

Profitability

42th percentile vs peers
42
Key Signals
Strengths
Risks
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Safety

37th percentile vs peers
38
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for 908 Devices Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$1.01
- - -
-91.8% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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