# 908 Devices Inc. (MASS) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Healthcare / Health Care Technology. Price $10.05, market value $415 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). 908 Devices Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 6.8×**. Each dollar of revenue is priced at 6.8×.
- **Price / book: 2.8×**. The shares trade at 2.8× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 0.1%** (5-yr avg -15.1%). Free cash flow equals 0.1% of the market value, above its five-year average of -15.1%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 52.2%**. 908 Devices Inc. keeps 52.2% of revenue after the direct cost of what it sells.
- **Operating margin: -64.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: 34.7%**. 34.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 13.6%**. 13.6% on shareholders' equity is solid.
- **Return on invested capital: -34.9%**. Return on all capital, debt included, is -34.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -18.2%**. Each dollar of assets produces -18.2% of profit.

## Growth
- **Revenue growth (1 yr): 17.7%** (3-yr 6.2%/yr, 5-yr 15.9%/yr). Revenue grew 17.7% over the last year, against 15.9% a year compounded over five years.
- **EPS growth (1 yr): 125.5%**. Earnings per share rose 125.5%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.10**. Debt is 0.10 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.6×**. It would take 1.6 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 4.24** (quick 4.24). Current assets cover the next year's liabilities 4.24 times.
- **Altman Z-score: 6.74**. A Z-score of 6.74 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. 908 Devices Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 82.7%** (YTD 91.4%, 3-mo 26.7%). The shares are up 82.7% over twelve months including dividends.
- **From 52-week high: -10.7%** (100.0% above the low). Trading 11% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 1.50** (volatility 63%). Beta of 1.50 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MASS · Page: https://foliofundamentals.com/stocks/mass

Not investment advice.