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INVA vs CNMD

Comparison between Innoviva Inc (INVA, Company) and Conmed Corp (CNMD, Company).

Both INVA and CNMD are from the Healthcare sector.

5-Year PerformanceINVA has outperformed CNMD, delivering a return of +6.4% compared to -16.1%

INVA vs CNMD - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
INVA
$1.49B
CNMD
$1.48B
Max Drawdown
INVA
84.32%
Winner
CNMD
79.55%
Sharpe Ratio
Winner
INVA
0.40
CNMD
-0.01
5Y Beta
Winner
INVA
0.13
CNMD
0.92
Industry
INVA
Biotechnology
CNMD
Medical Devices
P/E Ratio
Winner
INVA
4.29
CNMD
28.23
Forward P/E
Winner
INVA
10.46
CNMD
27.17
PEG Ratio
Winner
INVA
0.01
CNMD
1.84
Dividend Yield
INVA
N/A
CNMD
0.41%
5Y Dividends CAGR
INVA
N/A
CNMD
4.56%
5Y EPS CAGR
INVA
4.55%
Winner
CNMD
18.25%
Debt to Equity
INVA
20.96%
Winner
CNMD
0.00%
Free Cash Flow Yield
Winner
INVA
12.72%
CNMD
10.65%
P/S Ratio
INVA
3.60
Winner
CNMD
1.09
P/B Ratio
Winner
INVA
1.15
CNMD
1.45

INVA vs CNMD - Historical Returns

Returns include dividend reinvestment.

1M
INVA
-7.01%
Winner
CNMD
+28.53%
3M
INVA
-8.17%
Winner
CNMD
+40.39%
6M
INVA
-5.31%
Winner
CNMD
+15.56%
1Y
Winner
INVA
+5.24%
CNMD
-5.39%
5Y(CAGR)
Winner
INVA
+6.41%
CNMD
-16.13%
10Y(CAGR)
Winner
INVA
+5.32%
CNMD
+3.49%
Max(CAGR)
INVA
+1.95%
Winner
CNMD
+5.07%

INVA vs CNMD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearINVACNMD
2026+4.08%+22.06%
2025+14.89%-39.05%
2024+5.99%-37.17%
2023+20.87%+22.90%
2022-24.07%-38.74%
2021+38.22%+28.10%
2020-11.06%+1.69%
2019-18.15%+77.91%
2018+20.93%+28.29%
2017+27.38%+17.26%
2016+3.68%+5.99%
2015-20.54%-0.51%
2014-50.22%+6.98%
2013+58.87%+54.41%
2012+8.49%+9.85%
2011-13.91%-3.46%
2010+87.93%+14.17%
2009-7.50%-4.96%
2008-36.30%+3.59%
2007-37.82%-0.13%
2006+39.21%-0.52%
2005+26.87%-15.50%
2004-1.16%+19.81%
2003N/A+19.30%
2002N/A-3.40%
2001N/A+77.37%
2000N/A-32.51%
1999N/A+8.97%

INVA vs CNMD Drawdown Comparison

The maximum drawdown for INVA was -84.32%, occurring on Nov 21, 2008. Recovery took 1504 trading sessions.

The maximum drawdown for CNMD was -78.74%, occurring on Jun 17, 2026. This drawdown has not yet recovered.

The current INVA drawdown is -35.24%. The current CNMD drawdown is -67.26%.

RankINVACNMD
#1-84.32%
May 22, 2007 - May 13, 2013
-78.74%
Nov 9, 2021 - Jun 17, 2026
#2-78.77%
Jul 11, 2013 - Sep 29, 2015
-65.69%
Nov 25, 2019 - Jan 6, 2021
#3-26.22%
Apr 5, 2006 - Oct 19, 2006
-64.60%
Sep 19, 2008 - Mar 14, 2013
#4-21.77%
Feb 8, 2007 - May 22, 2007
-60.55%
Feb 11, 2000 - Jul 25, 2001
#5-20.78%
May 14, 2013 - Jul 11, 2013
-48.33%
Apr 30, 2002 - Feb 9, 2004
#6-16.58%
Oct 21, 2004 - Mar 8, 2005
-44.48%
May 18, 2005 - Sep 19, 2008
#7-13.06%
Oct 25, 2005 - Jan 17, 2006
-39.40%
Jul 20, 2015 - Jan 25, 2018
#8-12.25%
Mar 8, 2005 - Jul 25, 2005
-32.89%
Apr 5, 2004 - Apr 6, 2005
#9-10.48%
Feb 9, 2006 - Apr 5, 2006
-29.29%
Sep 11, 2018 - Mar 21, 2019
#10-8.88%
Oct 27, 2006 - Jan 12, 2007
-26.09%
May 13, 2014 - Feb 13, 2015
#11-5.70%
Oct 7, 2004 - Oct 21, 2004
-25.85%
Aug 14, 2001 - Mar 1, 2002
#12-5.63%
Aug 1, 2005 - Sep 15, 2005
-15.19%
May 3, 2021 - Oct 20, 2021
#13-5.52%
Jan 16, 2007 - Feb 7, 2007
-14.35%
Nov 18, 1999 - Dec 28, 1999
#14-4.40%
Sep 20, 2005 - Oct 14, 2005
-12.62%
Feb 19, 2014 - May 12, 2014
#15-2.38%
Feb 2, 2006 - Feb 8, 2006
-10.88%
Mar 27, 2013 - Oct 1, 2013

Correlation

Correlation between INVA and CNMD is -0.13 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.13
-101

Dividend Comparison (2012 - 2025)

INVA vs CNMD dividend yield comparison.

YearINVACNMD
20250.00%1.48%
20240.00%1.17%
20230.00%0.73%
20220.00%0.90%
20210.00%0.56%
20200.00%0.71%
20190.00%0.72%
20180.00%1.25%
20170.00%1.57%
20160.00%1.81%
20157.12%1.82%
201442.91%1.78%
20130.00%1.53%
20120.00%2.15%

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