WallStSmart

Accuray Incorporated (ARAY)vsEdwards Lifesciences Corp (EW)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Edwards Lifesciences Corp generates 1371% more annual revenue ($6.30B vs $428.57M). EW leads profitability with a 17.4% profit margin vs -10.8%. EW appears more attractively valued with a PEG of 2.15. EW earns a higher WallStSmart Score of 59/100 (C).

ARAY

Hold

35

out of 100

Grade: F

Growth: 2.7Profit: 2.0Value: 4.0Quality: 3.5
Piotroski: 5/9Altman Z: -0.03

EW

Buy

59

out of 100

Grade: C

Growth: 6.0Profit: 8.0Value: 6.0Quality: 8.5
Piotroski: 3/9Altman Z: 4.48
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ARAY.

EWUndervalued (+68.6%)

Margin of Safety

+68.6%

Fair Value

$252.36

Current Price

$90.78

$161.58 discount

UndervaluedFair: $252.36Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARAY1 strengths · Avg: 10.0/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

EW5 strengths · Avg: 9.4/10
Operating MarginProfitability
31.2%10/10

Strong operational efficiency at 31.2%

Debt/EquityHealth
0.0710/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.4810/10

Safe zone — low bankruptcy risk

Market CapQuality
$51.66B9/10

Large-cap with strong market position

Revenue GrowthGrowth
16.7%8/10

16.7% revenue growth

Areas to Watch

ARAY4 concerns · Avg: 2.3/10
Market CapQuality
$31.48M3/10

Smaller company, higher risk/reward

PEG RatioValuation
29.492/10

Expensive relative to growth rate

Return on EquityProfitability
-110.6%2/10

ROE of -110.6% — below average capital efficiency

Revenue GrowthGrowth
-7.4%2/10

Revenue declined 7.4%

EW4 concerns · Avg: 2.8/10
PEG RatioValuation
2.154/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
48.5x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-21.10M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : ARAY

The strongest argument for ARAY centers on Price/Book.

Bull Case : EW

The strongest argument for EW centers on Operating Margin, Debt/Equity, Altman Z-Score. Profitability is solid with margins at 17.4% and operating margin at 31.2%. Revenue growth of 16.7% demonstrates continued momentum.

Bear Case : ARAY

The primary concerns for ARAY are Market Cap, PEG Ratio, Return on Equity. Debt-to-equity of 4.37 is elevated, increasing financial risk.

Bear Case : EW

The primary concerns for EW are PEG Ratio, Piotroski F-Score, P/E Ratio. A P/E of 48.5x leaves little room for execution misses.

Key Dynamics to Monitor

ARAY profiles as a turnaround stock while EW is a growth play — different risk/reward profiles.

ARAY carries more volatility with a beta of 1.35 — expect wider price swings.

EW is growing revenue faster at 16.7% — sustainability is the question.

ARAY generates stronger free cash flow (-7M), providing more financial flexibility.

Bottom Line

EW scores higher overall (59/100 vs 35/100), backed by strong 17.4% margins and 16.7% revenue growth. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Accuray Incorporated

HEALTHCARE · MEDICAL DEVICES · USA

Accuray Incorporated designs, develops and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body in the Americas, Europe, the Middle East, India, Japan, Africa and the rest of the Asia Pacific region. The company is headquartered in Sunnyvale, California.

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Edwards Lifesciences Corp

HEALTHCARE · MEDICAL DEVICES · USA

Edwards Lifesciences is an American medical technology company headquartered in Irvine, California, specializing in artificial heart valves and hemodynamic monitoring.

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