GoodRx Holdings, Inc. (GDRX) vs Schrodinger, Inc. (SDGR)

GoodRx Holdings, Inc. and Schrodinger, Inc. are both Health Information Services companies. Schrodinger, Inc. is the larger, with a market value of $1.9B against $1.2B — 1.6× the size. Schrodinger, Inc. has negative trailing earnings, so its P/E is not meaningful; GoodRx Holdings, Inc. trades at 62.7×. Schrodinger, Inc. grew revenue faster over the last twelve months: 8.88% against −1.83%. GoodRx Holdings, Inc. has the higher net margin (2.07% vs −21.0%) and the higher return on invested capital (5.59% vs 0.00%). Across the 18 metrics below, GoodRx Holdings, Inc. leads on 14 and Schrodinger, Inc. on 4.

Valuation

Metric GDRX SDGR Health Information Services median
P/E 62.69 n/m 39.82
P/S 1.45 6.52 2.24
P/B 1.76 5.13 1.79
Price to free cash flow 8.66 n/m 19.04
EV/EBITDA 8.04 n/m 11.52
EV/Sales 1.69 4.90 2.64
Earnings yield 1.60% (3.27%) (2.45%)
Free cash flow yield 11.55% (7.72%) 0.00%

Profitability

Metric GDRX SDGR Health Information Services median
Gross margin 90.83% 56.87% 62.87%
Operating margin 9.54% (59.24%) (9.45%)
Net margin 2.07% (20.98%) (15.48%)
Free cash flow margin 16.77% (50.29%) 0.00%
Return on equity 2.52% (16.18%) (6.91%)
Return on assets 0.89% (8.18%) (6.28%)
Return on invested capital 5.59% 0.00% 0.00%

Growth

Metric GDRX SDGR Health Information Services median
Revenue growth (TTM) (1.83%) 8.88% 8.78%
EPS growth (last fiscal year) 125.00% 45.14% 57.06%
Revenue growth, 5-year CAGR 7.67% 18.81% 11.91%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GDRX SDGR Health Information Services median
Debt to equity 0.75 0.00 0.00
Current ratio 1.38 2.71 2.31
Net debt to EBITDA 1.30 2.50 0.48

Dividend

Metric GDRX SDGR Health Information Services median
Dividend yield — — —
Payout ratio — — —

Size

Metric GDRX SDGR Health Information Services median
Market cap 1.20b 1.91b 332.37m

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