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← CockpitCompetitor Analysis › KMTS Kestra Medical Technologies Ltd.Open in the cockpit ↗

Kestra Medical Technologies Ltd.KMTSCompetitor analysis, valuation and peers

United States · USD·Health Care›Medical Specialties

Maker of a wearable cardioverter defibrillator that monitors and treats patients at risk of sudden cardiac arrest.

≈ A newer rival to ZOLL's LifeVest wearable defibrillatorMomentum leader 85
Mkt cap
$1.72B
US dollars, full cap
Free float
41%
of shares outstanding
$/day
$15.3M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-120.6 pp
WACC 7.1%
Hurdle
n/a
no reverse DCF
Next earnings
34 days
10 Dec 2026
Close · USD$28.80
1D+0.9%
1W-3.0%
1M+11.8%
3M+1.6%
6M+36.8%
YTD+8.6%
1Y+8.7%
ATR %6.2%
Beta1.62
52w lowhigh9.7% off high

What Kestra Medical Technologies does

Maker of a wearable cardioverter defibrillator that monitors and treats patients at risk of sudden cardiac arrest.

Rents the wearable device to patients for a prescribed period, usually billing their health insurers rather than the patient, so insurer coverage decisions matter as much as doctor adoption. Each prescription lasts only until the patient's heart recovers or a permanent implant is fitted, so revenue depends on a steady flow of newly prescribed patients.

In one line: A newer rival to ZOLL's LifeVest wearable defibrillator.

Products and services

  • ASSURE wearable cardioverter defibrillator
  • Cardiac monitoring software/connectivity

Customers

  • Cardiologists
  • At-risk cardiac patients (post-MI, low ejection fr

Where it sits in the supply chain

  • Medical devices
  • Cardiac monitoring/wearable…
  • Wearable defibrillator system

What could go right

  • Sudden cardiac arrest risk-patient population growth
  • Displacing incumbent WCD market share

What could go wrong

  • Single dominant incumbent competitor (ZOLL)
  • Reimbursement/insurance coverage risk

Moat: narrow (IP / patents, regulatory licence). One of few FDA-cleared wearable defibrillators, competing directly with the long-established ZOLL LifeVest.

Headquarters: Kirkland, Washington · Founded: 2012 · Employees: 443

Named competitors

Kestra Medical Technologies at a glance

Size Kestra Medical Technologies (KMTS) is a United States Health Care company (Medical Specialties) with a market value of $1.72B, the 1892nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $28.80 on 6 Nov 2026.

Performance Over six months the shares gained 36.8%, against -4.0% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue grew 60.7% over the last twelve months (peer median +9.3%); the operating margin is -134.5% (peer median 12.7%).

Valuation It trades at 14.9× enterprise value to sales against a peer median of 4.1× (2nd most expensive of 21).

Capital Return on invested capital runs 120.6 points below its cost of capital (7.1% WACC).

Short interest Short interest is 5.8% of the free float (15 Oct 2026).

Next results Next results expected around 10 Dec 2026 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026KMTS 132Peer median 101
Six months, rebased to 100: Kestra Medical Technologies against the median of its 20 peers (local-currency closes).

Kestra Medical Technologies financials

Reported figures in USD; fiscal year ends 2026-04-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$107M$95.1M$59.8M$27.8M$7.63M
Revenue growth—+59%+115%+265%—
Gross profit$57.5M$48.9M$24.2M$362,000-$10.7M
EBITDA-$134M-$126M-$98.4M-$73.5M-$75.6M
Net income-$150M-$132M-$114M-$94.1M-$84.2M
Free cash flow-$123M-$117M-$101M-$84.7M-$85.1M
Capital expenditure$35.5M$35.4M$23.6M$12.5M$15.5M
Total debt$76.4M$46.8M$44.3M$45.2M$39.1M

Quarterly statements and history in the cockpit →

Kestra Medical Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%0%+50%301087BFLYPOLYMED6699CHEMM6960268A688531VITRMED688016300049LMATINSP300298ENOVXRAYKMTS6-month return →1-month return →
Up and to the right = strong over both horizons. Kestra Medical Technologies is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%0×5×10×15×301087BFLYPOLYMED6699CHEMMEMBLA6960268A688531MOLBIOVITR6849MED688016300049LMATINSP300298KMTSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Kestra Medical Technologies is the large dot.

Kestra Medical Technologies competitors and peer comparison

Head to head with its named competitors (KMTS vs MDT vs BSX)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Kestra Medical Technologies KMTS$1.72B+37%+61%-134%14.9×n/a
Medtronic MDT$130B+35%+10%20%4.0×8.6%
Boston Scientific BSX$62.0B-21%+9%21%3.5×5.0%

How Kestra Medical Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Kestra Medical Technologies against its 20 peers (data as of 6 Nov 2026)
MeasureKMTSPeer medianRank in peer set
1-month return+11.8%+0.3%7th highest of 21
6-month return+36.8%-4.0%5th highest of 20
Distance from 52-week high-9.7%-23.1%3rd highest of 21
Revenue growth (TTM)+60.7%+9.3%2nd highest of 21
Operating margin-134.5%12.7%lowest of 21
EV / Sales14.9×4.1×2nd most expensive of 21
ROIC minus cost of capital-120.6 pp+2.3 pplowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Kestra Medical Technologies KMTSUnited States$1.72B+37%+61%-134%14.9×n/an/a
Cofoe Medical Technology 301087.SZChina$1.71B-5%+33%10%2.3×12.5%+7.4%
Butterfly Network BFLYUnited States$1.70B+53%+39%-36%13.0×n/an/a
Poly Medicure POLYMED.NSIndia$1.73B-4%+18%17%8.2×n/an/a
Angelalign Technology 6699.HKHong Kong$1.74B-7%+84%9%3.2×18.1%+25.8%
ChemoMetec A/S CHEMM.CODenmark$1.69B+124%+3%49%21.4×17.9%+12.7%
Embla Medical hf EMBLA.CODenmark$1.75B+3%+6%14%2.2×-1.8%+8.3%
Fukuda Denshi 6960.TJapan$1.75B-5%0%19%1.5×-3.2%-1.0%
Rigaku 268A.TJapan$1.66B-57%+5%15%3.2×18.8%+14.5%
Wuxi Unicomp Technology 688531.SSChina$1.80B-36%+53%12%7.9×n/an/a
Molbio Diagnostics MOLBIO.NSIndia$1.63Bn/a+35%17%11.7×n/an/a
Vitrolife VITR.STSweden$1.63B+14%-2%19%4.9×22.0%+22.5%
Nihon Kohden 6849.TJapan$1.63B+8%+1%7%1.0×-2.1%+3.3%
Medartis MED.SWSwitzerland$1.83B+47%+30%2%5.5×n/an/a
Shanghai MicroPort Endovascular MedTech 688016.SSChina$1.59B-14%+16%44%5.9×3.1%+23.4%
Inner Mongolia Furui Medical Science 300049.SZChina$1.85B-5%+11%25%7.6×6.6%+14.6%
LeMaitre Vascular LMATUnited States$1.85B-25%+12%29%6.3×2.9%+14.0%
Inspire Medical Systems INSPUnited States$1.85B+45%0%2%1.8×30.9%+51.2%
Sinocare 300298.SZChina$1.58B+15%+7%6%2.1×10.8%+18.3%
Enovis ENOVUnited States$1.57B+2%+5%3%1.3×22.3%-6.0%
DENTSPLY SIRONA XRAYUnited States$1.89B-14%-1%5%1.1×10.2%+1.9%

Questions

Who are Kestra Medical Technologies's main competitors?
Named competitors: Medtronic (MDT), Boston Scientific (BSX). The cockpit's measured peer set (industry) also includes Cofoe Medical Technology (301087.SZ), Butterfly Network (BFLY), Poly Medicure (POLYMED.NS), Angelalign Technology (6699.HK), ChemoMetec A/S (CHEMM.CO), Embla Medical hf (EMBLA.CO).
Is Kestra Medical Technologies expensive compared with its peers?
On ev / sales it trades at 14.9× against a peer median of 4.1×, 2nd most expensive of 21 in its peer set.
How has Kestra Medical Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned +36.8% against -4.0% for the median peer; over one year +8.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.