BrightSpring Health Services, Inc. (BTSG) vs 10x Genomics (TXG)

BrightSpring Health Services, Inc. and 10x Genomics are both Health Information Services companies. BrightSpring Health Services, Inc. is the larger, with a market value of $12.3B against $9.4B — 1.3× the size. 10x Genomics has negative trailing earnings, so its P/E is not meaningful; BrightSpring Health Services, Inc. trades at 34.0×. BrightSpring Health Services, Inc. grew revenue faster over the last twelve months: 26.4% against −4.28%. BrightSpring Health Services, Inc. has the higher net margin (2.55% vs −12.2%) and the higher return on invested capital (7.56% vs −20.2%). Across the 18 metrics below, BrightSpring Health Services, Inc. leads on 14 and 10x Genomics on 4.

Valuation

Metric BTSG TXG Health Information Services median
P/E 34.01 n/m 39.82
P/S 0.87 14.72 2.24
P/B 6.12 11.00 1.79
Price to free cash flow 31.17 75.40 19.04
EV/EBITDA 22.89 n/m 11.52
EV/Sales 0.99 13.87 2.64
Earnings yield 2.94% (0.84%) (2.45%)
Free cash flow yield 3.21% 1.33% 0.00%

Profitability

Metric BTSG TXG Health Information Services median
Gross margin 12.38% 70.03% 62.87%
Operating margin 3.12% (14.33%) (9.45%)
Net margin 2.55% (12.18%) (15.48%)
Free cash flow margin 2.80% 19.68% 0.00%
Return on equity 19.31% (9.40%) (6.91%)
Return on assets 6.14% (7.47%) (6.28%)
Return on invested capital 7.56% (20.20%) 0.00%

Growth

Metric BTSG TXG Health Information Services median
Revenue growth (TTM) 26.35% (4.28%) 8.78%
EPS growth (last fiscal year) 1,066.67% 76.97% 57.06%
Revenue growth, 5-year CAGR — 16.55% 11.91%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric BTSG TXG Health Information Services median
Debt to equity 1.08 0.00 0.00
Current ratio 1.59 5.69 2.31
Net debt to EBITDA 5.17 30.49 0.48

Dividend

Metric BTSG TXG Health Information Services median
Dividend yield — — —
Payout ratio — — —

Size

Metric BTSG TXG Health Information Services median
Market cap 12.34b 9.43b 332.37m

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