OPKO Health, Inc. (OPK) vs GeneDx Holdings Corp. (WGS)

OPKO Health, Inc. and GeneDx Holdings Corp. are both Diagnostics & Research companies. GeneDx Holdings Corp. is the larger, with a market value of $2.6B against $1.2B — 2.1× the size. GeneDx Holdings Corp. grew revenue faster over the last twelve months: 25.4% against −11.5%. OPKO Health, Inc. has the higher net margin (−12.4% vs −23.4%) and the higher return on invested capital (−2.45% vs −27.7%). Across the 18 metrics below, OPKO Health, Inc. leads on 10 and GeneDx Holdings Corp. on 8.

Valuation

Metric OPK WGS Diagnostics & Research median
P/E n/m n/m 33.95
P/S 2.11 5.78 4.87
P/B 1.05 10.75 3.12
Price to free cash flow n/m n/m 34.02
EV/EBITDA 30.58 n/m 25.20
EV/Sales 2.19 5.70 5.66
Earnings yield (5.49%) (4.12%) (1.75%)
Free cash flow yield (11.60%) (2.89%) (0.13%)

Profitability

Metric OPK WGS Diagnostics & Research median
Gross margin 40.77% 69.37% 50.89%
Operating margin (8.21%) (20.34%) (8.57%)
Net margin (12.40%) (23.40%) (6.37%)
Free cash flow margin (22.75%) (16.68%) 0.00%
Return on equity (5.88%) (40.80%) (2.92%)
Return on assets (3.83%) (22.50%) (6.71%)
Return on invested capital (2.45%) (27.70%) 0.00%

Growth

Metric OPK WGS Diagnostics & Research median
Revenue growth (TTM) (11.47%) 25.42% 7.69%
EPS growth (last fiscal year) (275.00%) 62.37% —
Revenue growth, 5-year CAGR (15.82%) 18.98% 7.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric OPK WGS Diagnostics & Research median
Debt to equity 0.29 0.40 0.11
Current ratio 3.35 3.30 2.02
Net debt to EBITDA 1.33 (10.13) 0.78

Dividend

Metric OPK WGS Diagnostics & Research median
Dividend yield — — 0.70%
Payout ratio 0.00 0.00 0.00

Size

Metric OPK WGS Diagnostics & Research median
Market cap 1.22b 2.61b 2.56b

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