Icu Medical Inc/De
—- Market cap
- $4.19B
- Debt
- +$1.28B
- Cash
- —
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 77% equity / 23% debt
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ICUI stock price vs PCTY: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PCTY's multiple
Needs PCTY P/E.
Implied fair value · at ICUI's multiple
Needs ICUI P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ICUI FY 2025 (ended Dec 31, 2025) · PCTY FY 2026 (ended Jun 30, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 77% equity / 23% debt
Capital structure 99% equity / 1% debt · EV / Revenue 4.45x · EV / EBITDA 18.17x
PCTY carries the larger enterprise value at $7.89B against $5.48B; ICUI trades on the lower EV / Revenue multiple (2.45x vs 4.45x); ICUI on the lower EV / EBITDA (13.54x vs 18.17x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ICU MEDICAL INC/DE · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
PAYLOCITY HOLDING CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.60x
0.07x
Net debt / EBITDA
Leverage against operating earnings
—
-0.44x
Cash and equivalents
Liquid reserves on the balance sheet
—
$271.92M
Total debt
Interest-bearing obligations outstanding
$1.28B
$81.25M
Comparable set
Where the pair sits against the wider comparable set.
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LLM-powered synthesis
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