Cencora, Inc. (COR) vs FocalTherics (FOCL)

Cencora, Inc. and FocalTherics are both Medical Distribution companies. Cencora, Inc. is the larger, with a market value of $59.1B against $172.0M — 343.7× the size. FocalTherics has negative trailing earnings, so its P/E is not meaningful; Cencora, Inc. trades at 22.7×. FocalTherics grew revenue faster over the last twelve months: 29.5% against 5.09%. Cencora, Inc. has the higher net margin (0.79% vs −50.1%) and the higher return on invested capital (15.7% vs −110.8%). Across the 17 metrics below, Cencora, Inc. leads on 12 and FocalTherics on 5.

Valuation

Metric COR FOCL Medical Distribution median
P/E 22.70 n/m —
P/S 0.18 2.15 0.23
P/B 18.30 n/m —
Price to free cash flow 14.44 n/m —
EV/EBITDA 16.59 n/m 15.49
EV/Sales 0.20 2.39 0.65
Earnings yield 4.41% (21.87%) (22.94%)
Free cash flow yield 6.93% (11.43%) (11.43%)

Profitability

Metric COR FOCL Medical Distribution median
Gross margin 3.97% 44.53% 8.01%
Operating margin 0.91% (34.93%) 0.46%
Net margin 0.79% (50.11%) (6.08%)
Free cash flow margin 1.23% (24.60%) 0.00%
Return on equity 96.34% (133.48%) 0.00%
Return on assets 3.33% (50.28%) 0.00%
Return on invested capital 15.65% (110.75%) 0.00%

Growth

Metric COR FOCL Medical Distribution median
Revenue growth (TTM) 5.09% 29.45% 11.54%
EPS growth (last fiscal year) 5.71% (41.82%) —
Revenue growth, 5-year CAGR 11.09% 8.18% 8.18%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric COR FOCL Medical Distribution median
Debt to equity 3.62 (12.43) (0.34)
Current ratio 0.93 1.60 1.05
Net debt to EBITDA 0.89 (0.18) (0.01)

Dividend

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

Size

Metric COR FOCL Medical Distribution median
Market cap 59.13b 172.03m 172.03m

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