Fulgent Genetics, Inc. (FLGT) vs GeneDx Holdings Corp. (WGS)

Fulgent Genetics, Inc. and GeneDx Holdings Corp. are both Diagnostics & Research companies. GeneDx Holdings Corp. is the larger, with a market value of $2.1B against $587.2M — 3.6× the size. GeneDx Holdings Corp. grew revenue faster over the last twelve months: 25.4% against 6.83%. GeneDx Holdings Corp. has the higher net margin (−23.4% vs −26.1%) and the lower return on invested capital (−27.7% vs −10.3%). Across the 18 metrics below, GeneDx Holdings Corp. leads on 10 and Fulgent Genetics, Inc. on 8.

Valuation

Metric FLGT WGS Diagnostics & Research median
P/E n/m n/m 35.56
P/S 1.71 4.16 4.37
P/B 0.56 7.74 3.06
Price to free cash flow n/m n/m 35.76
EV/EBITDA n/m n/m 24.35
EV/Sales 0.98 4.08 5.51
Earnings yield (14.24%) (5.72%) (1.89%)
Free cash flow yield (18.71%) (4.01%) (0.15%)

Profitability

Metric FLGT WGS Diagnostics & Research median
Gross margin 35.58% 69.37% 50.89%
Operating margin (37.75%) (20.34%) (8.57%)
Net margin (26.05%) (23.40%) (6.37%)
Free cash flow margin (32.04%) (16.68%) 0.00%
Return on equity (8.01%) (40.80%) (2.92%)
Return on assets (7.37%) (22.50%) (6.71%)
Return on invested capital (10.34%) (27.70%) 0.00%

Growth

Metric FLGT WGS Diagnostics & Research median
Revenue growth (TTM) 6.83% 25.42% 7.69%
EPS growth (last fiscal year) (39.72%) 62.37% 25.92%
Revenue growth, 5-year CAGR (5.21%) 18.98% 7.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FLGT WGS Diagnostics & Research median
Debt to equity 0.00 0.40 0.11
Current ratio 6.34 3.30 2.02
Net debt to EBITDA 4.66 (10.13) 0.70

Dividend

Metric FLGT WGS Diagnostics & Research median
Dividend yield — — 0.66%
Payout ratio — — 0.20

Size

Metric FLGT WGS Diagnostics & Research median
Market cap 587.18m 2.09b 2.16b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack