Accendra Health, Inc. (ACH) vs Cencora, Inc. (COR)

Accendra Health, Inc. and Cencora, Inc. are both Medical Distribution companies. Cencora, Inc. is the larger, with a market value of $59.1B against $59.2M — 998.5× the size. Accendra Health, Inc. has negative trailing earnings, so its P/E is not meaningful; Cencora, Inc. trades at 22.7×. Accendra Health, Inc. grew revenue faster over the last twelve months: 247.0% against 5.09%. Cencora, Inc. has the higher net margin (0.79% vs −11.4%) and the higher return on invested capital (15.7% vs 1.58%). Both pay a dividend; Cencora, Inc. yields more (0.89% vs 0.05%). Across the 19 metrics below, Cencora, Inc. leads on 13 and Accendra Health, Inc. on 6.

Valuation

Metric ACH COR Medical Distribution median
P/E n/m 22.70 —
P/S 0.02 0.18 0.23
P/B n/m 18.30 —
Price to free cash flow n/m 14.44 —
EV/EBITDA 8.22 16.59 15.49
EV/Sales 0.89 0.20 0.65
Earnings yield (550.70%) 4.41% (22.94%)
Free cash flow yield (387.31%) 6.93% (11.43%)

Profitability

Metric ACH COR Medical Distribution median
Gross margin 44.83% 3.97% 8.01%
Operating margin 1.11% 0.91% 0.46%
Net margin (11.41%) 0.79% (6.08%)
Free cash flow margin (7.97%) 1.23% 0.00%
Return on equity 72.63% 96.34% 0.00%
Return on assets (9.65%) 3.33% 0.00%
Return on invested capital 1.58% 15.65% 0.00%

Growth

Metric ACH COR Medical Distribution median
Revenue growth (TTM) 247.03% 5.09% 11.54%
EPS growth (last fiscal year) (202.54%) 5.71% —
Revenue growth, 5-year CAGR (20.10%) 11.09% 8.18%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ACH COR Medical Distribution median
Debt to equity (3.12) 3.62 (0.34)
Current ratio 0.41 0.93 1.05
Net debt to EBITDA 7.31 0.89 (0.01)

Dividend

Metric ACH COR Medical Distribution median
Dividend yield 0.05% 0.89% —
Payout ratio 0.00 0.23 0.00

Size

Metric ACH COR Medical Distribution median
Market cap 59.22m 59.13b 172.03m

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