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 $64.8B against $9.4B — 6.9× the size. Cencora, Inc. trades at the lower P/E: 18.8× against 22.8×. Henry Schein, Inc. grew revenue faster over the last twelve months: 6.15% against 5.00%. Henry Schein, Inc. has the higher net margin (3.07% vs 1.03%) and the lower return on invested capital (7.20% vs 24.4%). Across the 22 metrics below, Cencora, Inc. leads on 12 and Henry Schein, Inc. on 10.

Valuation

Metric COR HSIC Medical Distribution median
P/E 18.83 22.76 —
P/S 0.19 0.69 0.27
P/B 20.02 2.49 —
Price to free cash flow 16.71 17.00 —
EV/EBITDA 17.33 11.38 17.33
EV/Sales 0.21 0.86 0.86
Earnings yield 5.31% 4.39% (13.85%)
Free cash flow yield 5.99% 5.88% (6.11%)

Profitability

Metric COR HSIC Medical Distribution median
Gross margin 4.11% 31.59% 5.74%
Operating margin 1.16% 5.16% 0.00%
Net margin 1.03% 3.07% (11.41%)
Free cash flow margin 1.15% 4.07% (0.36%)
Return on equity 0.00% 10.74% 0.00%
Return on assets 4.26% 3.72% (1.95%)
Return on invested capital 24.40% 7.20% 0.00%

Growth

Metric COR HSIC Medical Distribution median
Revenue growth (TTM) 5.00% 6.15% 6.15%
EPS growth (last fiscal year) 126.64% 7.21% 5.18%
Revenue growth, 5-year CAGR 9.53% 5.43% 8.18%
Net income growth, 5-year CAGR 17.74% (0.30%) 0.00%

Health

Metric COR HSIC Medical Distribution median
Debt to equity 3.06 0.66 (0.66)
Current ratio 0.94 1.33 0.99
Net debt to EBITDA 1.62 2.27 (0.10)

Dividend

Metric COR HSIC Medical Distribution median
Dividend yield 0.71% — —
Payout ratio 0.13 — —

Size

Metric COR HSIC Medical Distribution median
Market cap 64.82b 9.43b 97.81m

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