Biodesix, Inc. (BDSX) vs Myriad Genetics, Inc. (MYGN)

Biodesix, Inc. and Myriad Genetics, Inc. are both Diagnostics & Research companies. Myriad Genetics, Inc. is the larger, with a market value of $396.0M against $310.2M — 1.3× the size. Biodesix, Inc. grew revenue faster over the last twelve months: 34.5% against −3.16%. Myriad Genetics, Inc. has the higher net margin (−14.0% vs −27.0%) and the higher return on invested capital (−19.9% vs −49.6%). Across the 18 metrics below, Myriad Genetics, Inc. leads on 11 and Biodesix, Inc. on 7.

Valuation

Metric BDSX MYGN Diagnostics & Research median
P/E n/m n/m 33.95
P/S 2.91 0.49 4.87
P/B 32.77 1.30 3.12
Price to free cash flow n/m n/m 34.02
EV/EBITDA n/m n/m 25.20
EV/Sales 3.07 0.57 5.66
Earnings yield (10.89%) (28.54%) (1.75%)
Free cash flow yield (6.81%) (3.59%) (0.13%)

Profitability

Metric BDSX MYGN Diagnostics & Research median
Gross margin 82.50% 68.83% 50.89%
Operating margin (20.02%) (12.22%) (8.57%)
Net margin (26.97%) (13.96%) (6.37%)
Free cash flow margin (19.82%) (1.76%) 0.00%
Return on equity (540.01%) (32.54%) (2.92%)
Return on assets (30.33%) (17.11%) (6.71%)
Return on invested capital (49.60%) (19.92%) 0.00%

Growth

Metric BDSX MYGN Diagnostics & Research median
Revenue growth (TTM) 34.46% (3.16%) 7.69%
EPS growth (last fiscal year) 29.24% (180.14%) —
Revenue growth, 5-year CAGR 14.20% 3.61% 7.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BDSX MYGN Diagnostics & Research median
Debt to equity 5.12 0.40 0.11
Current ratio 2.85 2.21 2.02
Net debt to EBITDA (1.36) 2.11 0.78

Dividend

Metric BDSX MYGN Diagnostics & Research median
Dividend yield — — 0.70%
Payout ratio 0.00 0.00 0.00

Size

Metric BDSX MYGN Diagnostics & Research median
Market cap 310.20m 395.99m 2.56b

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