Illumina, Inc. (ILMN) vs Medpace Holdings, Inc. (MEDP)

Illumina, Inc. and Medpace Holdings, Inc. are both Diagnostics & Research companies. Illumina, Inc. is the larger, with a market value of $31.5B against $17.8B — 1.8× the size. Medpace Holdings, Inc. trades at the lower P/E: 34.6× against 35.6×. Medpace Holdings, Inc. grew revenue faster over the last twelve months: 20.4% against 5.83%. Illumina, Inc. has the higher net margin (19.7% vs 18.2%) and the higher return on invested capital (16.7% vs 0.00%). Across the 22 metrics below, Medpace Holdings, Inc. leads on 16 and Illumina, Inc. on 6.

Valuation

Metric ILMN MEDP Diagnostics & Research median
P/E 35.62 34.57 34.52
P/S 6.98 6.25 4.24
P/B 10.07 30.31 3.42
Price to free cash flow 30.41 26.56 33.51
EV/EBITDA 26.35 27.01 23.44
EV/Sales 7.19 6.04 5.18
Earnings yield 2.81% 2.89% (1.50%)
Free cash flow yield 3.29% 3.77% 0.00%

Profitability

Metric ILMN MEDP Diagnostics & Research median
Gross margin 67.87% 72.24% 48.32%
Operating margin 21.18% 21.39% (5.68%)
Net margin 19.72% 18.24% (4.10%)
Free cash flow margin 23.29% 23.52% 0.00%
Return on equity 32.39% 117.88% 0.00%
Return on assets 13.78% 25.54% (6.05%)
Return on invested capital 16.70% 0.00% 0.00%

Growth

Metric ILMN MEDP Diagnostics & Research median
Revenue growth (TTM) 5.83% 20.35% 8.99%
EPS growth (last fiscal year) 170.87% 20.98% 20.36%
Revenue growth, 5-year CAGR 6.04% 22.27% 7.30%
Net income growth, 5-year CAGR 5.32% 25.50% 0.00%

Health

Metric ILMN MEDP Diagnostics & Research median
Debt to equity 0.57 0.00 0.01
Current ratio 2.63 0.83 2.27
Net debt to EBITDA (0.13) (0.88) 0.68

Dividend

Metric ILMN MEDP Diagnostics & Research median
Dividend yield — — 0.67%
Payout ratio — — 0.20

Size

Metric ILMN MEDP Diagnostics & Research median
Market cap 31.45b 17.76b 2.22b

Compare with another peer

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