Concentra Group Holdings Parent, Inc. (CON) vs Fresenius Medical Care AG & Co. KGaA (FMS)

Concentra Group Holdings Parent, Inc. and Fresenius Medical Care AG & Co. KGaA are both Medical Care Facilities companies. Fresenius Medical Care AG & Co. KGaA is the larger, with a market value of $11.8B against $5.0B — 2.4× the size. Fresenius Medical Care AG & Co. KGaA trades at the lower P/E: 11.5× against 24.9×. Concentra Group Holdings Parent, Inc. grew revenue faster over the last twelve months: 14.0% against 6.74%. Concentra Group Holdings Parent, Inc. has the higher net margin (8.69% vs 4.78%) and the higher return on invested capital (12.3% vs 5.78%). Both pay a dividend; Fresenius Medical Care AG & Co. KGaA yields more (3.93% vs 0.65%). Across the 21 metrics below, Fresenius Medical Care AG & Co. KGaA leads on 12 and Concentra Group Holdings Parent, Inc. on 9.

Valuation

Metric CON FMS Medical Care Facilities median
P/E 24.86 11.49 20.56
P/S 2.11 0.52 0.85
P/B 9.95 0.76 2.84
Price to free cash flow 17.88 5.80 13.73
EV/EBITDA 13.60 4.88 10.21
EV/Sales 2.73 0.84 1.32
Earnings yield 4.02% 8.71% 2.25%
Free cash flow yield 5.59% 17.25% 4.16%

Profitability

Metric CON FMS Medical Care Facilities median
Gross margin 29.31% 26.32% 30.78%
Operating margin 16.39% 9.31% 5.74%
Net margin 8.69% 4.78% 2.32%
Free cash flow margin 11.79% 9.05% 5.46%
Return on equity 47.74% 6.77% 8.76%
Return on assets 6.79% 3.01% 2.18%
Return on invested capital 12.33% 5.78% 5.01%

Growth

Metric CON FMS Medical Care Facilities median
Revenue growth (TTM) 14.02% 6.74% 7.12%
EPS growth (last fiscal year) (10.96%) 93.88% 17.46%
Revenue growth, 5-year CAGR — 1.71% 9.58%
Net income growth, 5-year CAGR — (3.61%) 0.00%

Health

Metric CON FMS Medical Care Facilities median
Debt to equity 3.25 0.56 0.37
Current ratio 1.38 1.07 1.20
Net debt to EBITDA 3.61 1.58 1.07

Dividend

Metric CON FMS Medical Care Facilities median
Dividend yield 0.65% 3.93% 0.63%
Payout ratio 0.16 0.45 0.13

Size

Metric CON FMS Medical Care Facilities median
Market cap 4.99b 11.78b 1.47b

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