Carlsmed, Inc. (CARL) vs SOPHiA GENETICS SA (SOPH)

Carlsmed, Inc. and SOPHiA GENETICS SA are both Health Information Services companies. SOPHiA GENETICS SA is the larger, with a market value of $620.6M against $380.9M — 1.6× the size. Carlsmed, Inc. grew revenue faster over the last twelve months: 81.1% against 23.7%. Carlsmed, Inc. has the higher net margin (−57.4% vs −93.9%) and the lower return on invested capital (−234.5% vs −196.5%). Across the 17 metrics below, Carlsmed, Inc. leads on 12 and SOPHiA GENETICS SA on 5.

Valuation

Metric CARL SOPH Health Information Services median
P/E n/m n/m 39.82
P/S 5.76 5.77 2.24
P/B 4.33 5.98 1.79
Price to free cash flow n/m n/m 19.04
EV/EBITDA n/m n/m 11.52
EV/Sales 4.59 5.09 2.64
Earnings yield (10.66%) (17.09%) (2.45%)
Free cash flow yield (9.78%) (8.31%) 0.00%

Profitability

Metric CARL SOPH Health Information Services median
Gross margin 76.63% 66.63% 62.87%
Operating margin (61.09%) (85.55%) (9.45%)
Net margin (57.42%) (93.86%) (15.48%)
Free cash flow margin (56.36%) (47.83%) 0.00%
Return on equity (6,196.93%) (101.22%) (6.91%)
Return on assets (42.39%) (43.02%) (6.28%)
Return on invested capital (234.53%) (196.45%) 0.00%

Growth

Metric CARL SOPH Health Information Services median
Revenue growth (TTM) 81.14% 23.65% 8.78%
EPS growth (last fiscal year) 65.30% (23.16%) 57.06%
Revenue growth, 5-year CAGR — 22.16% 11.91%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric CARL SOPH Health Information Services median
Debt to equity 0.18 0.58 0.00
Current ratio 8.84 2.69 2.31
Net debt to EBITDA 3.12 0.37 0.48

Dividend

Metric CARL SOPH Health Information Services median
Dividend yield — — —
Payout ratio — — —

Size

Metric CARL SOPH Health Information Services median
Market cap 380.87m 620.58m 332.37m

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