RadNet, Inc. (RDNT) vs GeneDx Holdings Corp. (WGS)

RadNet, Inc. and GeneDx Holdings Corp. are both Diagnostics & Research companies. RadNet, Inc. is the larger, with a market value of $5.6B against $2.6B — 2.1× the size. GeneDx Holdings Corp. grew revenue faster over the last twelve months: 25.4% against 18.9%. RadNet, Inc. has the higher net margin (−0.93% vs −23.4%) and the higher return on invested capital (2.24% vs −27.7%). Across the 18 metrics below, RadNet, Inc. leads on 11 and GeneDx Holdings Corp. on 7.

Valuation

Metric RDNT WGS Diagnostics & Research median
P/E n/m n/m 33.95
P/S 2.43 5.78 4.87
P/B 3.95 10.75 3.12
Price to free cash flow 170.43 n/m 34.02
EV/EBITDA 19.86 n/m 25.20
EV/Sales 2.69 5.70 5.66
Earnings yield (0.38%) (4.12%) (1.75%)
Free cash flow yield 0.59% (2.89%) (0.13%)

Profitability

Metric RDNT WGS Diagnostics & Research median
Gross margin 11.53% 69.37% 50.89%
Operating margin 3.12% (20.34%) (8.57%)
Net margin (0.93%) (23.40%) (6.37%)
Free cash flow margin 3.28% (16.68%) 0.00%
Return on equity (1.64%) (40.80%) (2.92%)
Return on assets (0.55%) (22.50%) (6.71%)
Return on invested capital 2.24% (27.70%) 0.00%

Growth

Metric RDNT WGS Diagnostics & Research median
Revenue growth (TTM) 18.92% 25.42% 7.69%
EPS growth (last fiscal year) (725.00%) 62.37% —
Revenue growth, 5-year CAGR 13.74% 18.98% 7.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric RDNT WGS Diagnostics & Research median
Debt to equity 0.94 0.40 0.11
Current ratio 1.48 3.30 2.02
Net debt to EBITDA 1.16 (10.13) 0.78

Dividend

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

Size

Metric RDNT WGS Diagnostics & Research median
Market cap 5.60b 2.61b 2.56b

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