GoodRx Holdings, Inc. (GDRX) vs Teladoc Health, Inc. (TDOC)

GoodRx Holdings, Inc. and Teladoc Health, Inc. are both Health Information Services companies. GoodRx Holdings, Inc. and Teladoc Health, Inc. are of similar size ($1.2B and $1.1B). Teladoc Health, Inc. has negative trailing earnings, so its P/E is not meaningful; GoodRx Holdings, Inc. trades at 62.5×. GoodRx Holdings, Inc. grew revenue faster over the last twelve months: −1.83% against −2.08%. GoodRx Holdings, Inc. has the higher net margin (2.07% vs −7.13%) and the higher return on invested capital (5.59% vs −7.62%). Across the 20 metrics below, GoodRx Holdings, Inc. leads on 15 and Teladoc Health, Inc. on 5.

Valuation

Metric GDRX TDOC Health Information Services median
P/E 62.50 n/m 39.52
P/S 1.45 0.44 2.65
P/B 1.76 0.84 2.32
Price to free cash flow 8.63 12.45 16.77
EV/EBITDA 8.02 11.39 12.35
EV/Sales 1.69 0.93 3.06
Earnings yield 1.60% (16.26%) (1.68%)
Free cash flow yield 11.59% 8.03% 0.54%

Profitability

Metric GDRX TDOC Health Information Services median
Gross margin 90.83% 68.97% 63.38%
Operating margin 9.54% (7.50%) (8.35%)
Net margin 2.07% (7.13%) (14.70%)
Free cash flow margin 16.77% 3.56% 0.58%
Return on equity 2.52% (12.99%) (6.82%)
Return on assets 0.89% (6.28%) (6.02%)
Return on invested capital 5.59% (7.62%) 0.00%

Growth

Metric GDRX TDOC Health Information Services median
Revenue growth (TTM) (1.83%) (2.08%) 8.62%
EPS growth (last fiscal year) 125.00% 80.58% —
Revenue growth, 5-year CAGR 7.67% 18.26% 12.36%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GDRX TDOC Health Information Services median
Debt to equity 0.75 0.76 0.01
Current ratio 1.38 0.83 2.37
Net debt to EBITDA 1.30 1.15 0.50

Dividend

Metric GDRX TDOC Health Information Services median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric GDRX TDOC Health Information Services median
Market cap 1.15b 1.12b 352.86m

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