Cencora, Inc. (COR) vs Henry Schein, Inc. (HSIC)

Cencora, Inc. and Henry Schein, Inc. are both Medical Distribution companies. Cencora, Inc. is the larger, with a market value of $59.1B against $9.5B — 6.2× the size. Cencora, Inc. trades at the lower P/E: 22.7× against 25.0×. Henry Schein, Inc. grew revenue faster over the last twelve months: 6.49% against 5.09%. Henry Schein, Inc. has the higher net margin (2.96% vs 0.79%) and the lower return on invested capital (6.97% vs 15.7%). Across the 22 metrics below, Cencora, Inc. leads on 11 and Henry Schein, Inc. on 11.

Valuation

Metric COR HSIC Medical Distribution median
P/E 22.70 24.96 —
P/S 0.18 0.72 0.23
P/B 18.30 2.57 —
Price to free cash flow 14.44 17.22 —
EV/EBITDA 16.59 12.01 15.49
EV/Sales 0.20 0.89 0.65
Earnings yield 4.41% 4.01% (22.94%)
Free cash flow yield 6.93% 5.81% (11.43%)

Profitability

Metric COR HSIC Medical Distribution median
Gross margin 3.97% 31.32% 8.01%
Operating margin 0.91% 5.00% 0.46%
Net margin 0.79% 2.96% (6.08%)
Free cash flow margin 1.23% 4.18% 0.00%
Return on equity 96.34% 10.20% 0.00%
Return on assets 3.33% 3.62% 0.00%
Return on invested capital 15.65% 6.97% 0.00%

Growth

Metric COR HSIC Medical Distribution median
Revenue growth (TTM) 5.09% 6.49% 11.54%
EPS growth (last fiscal year) 5.71% 7.21% —
Revenue growth, 5-year CAGR 11.09% 5.43% 8.18%
Net income growth, 5-year CAGR 0.00% (0.30%) 0.00%

Health

Metric COR HSIC Medical Distribution median
Debt to equity 3.62 0.64 (0.34)
Current ratio 0.93 1.32 1.05
Net debt to EBITDA 0.89 2.27 (0.01)

Dividend

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

Size

Metric COR HSIC Medical Distribution median
Market cap 59.13b 9.53b 172.03m

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