Medical - Diagnostics & Research
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CDNA vs NTRA
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
CDNA vs NTRA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $1.08B | $29.58B |
| Revenue (TTM) | $413M | $2.12B |
| Net Income (TTM) | $-8M | $-309M |
| Gross Margin | 48.2% | 63.7% |
| Operating Margin | -3.3% | -16.6% |
| Forward P/E | 22.3x | — |
| Total Debt | $20M | $187M |
| Cash & Equiv. | $65M | $946M |
CDNA vs NTRA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| CareDx, Inc (CDNA) | 100 | 65.2 | -34.8% |
| Natera, Inc. (NTRA) | 100 | 490.5 | +390.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CDNA vs NTRA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CDNA carries the broadest edge in this set and is the clearest fit for value and quality.
- Better valuation composite
- -2.0% margin vs NTRA's -14.6%
- +47.7% vs NTRA's +38.3%
NTRA is the clearest fit if your priority is income & stability and growth exposure.
- beta 1.26
- Rev growth 56.7%, EPS growth 59.5%, 3Y rev CAGR 39.5%
- 21.5% 10Y total return vs CDNA's 380.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 56.7% revenue growth vs CDNA's 13.8% | |
| Value | Better valuation composite | |
| Quality / Margins | -2.0% margin vs NTRA's -14.6% | |
| Stability / Safety | Beta 1.26 vs CDNA's 1.39 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +47.7% vs NTRA's +38.3% | |
| Efficiency (ROA) | -1.9% ROA vs NTRA's -17.0%, ROIC -5.7% vs -33.3% |
CDNA vs NTRA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CDNA vs NTRA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CDNA leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NTRA is the larger business by revenue, generating $2.1B annually — 5.1x CDNA's $413M. CDNA is the more profitable business, keeping -2.0% of every revenue dollar as net income compared to NTRA's -14.6%. On growth, CDNA holds the edge at +39.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $413M | $2.1B |
| EBITDAEarnings before interest/tax | $2M | -$315M |
| Net IncomeAfter-tax profit | -$8M | -$309M |
| Free Cash FlowCash after capex | $65M | $94M |
| Gross MarginGross profit ÷ Revenue | +48.2% | +63.7% |
| Operating MarginEBIT ÷ Revenue | -3.3% | -16.6% |
| Net MarginNet income ÷ Revenue | -2.0% | -14.6% |
| FCF MarginFCF ÷ Revenue | +15.8% | +4.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +39.0% | +34.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +126.3% | -146.2% |
Valuation Metrics
CDNA leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.1B | $29.6B |
| Enterprise ValueMkt cap + debt − cash | $1.0B | $28.8B |
| Trailing P/EPrice ÷ TTM EPS | -52.35x | -140.58x |
| Forward P/EPrice ÷ next-FY EPS est. | 22.32x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 2.85x | 17.43x |
| Price / BookPrice ÷ Book value/share | 3.68x | 22.44x |
| Price / FCFMarket cap ÷ FCF | 29.95x | 427.23x |
Profitability & Efficiency
CDNA leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
CDNA delivers a -2.6% return on equity — every $100 of shareholder capital generates $-3 in annual profit, vs $-25 for NTRA. CDNA carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to NTRA's 0.16x. On the Piotroski fundamental quality scale (0–9), NTRA scores 6/9 vs CDNA's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -2.6% | -24.7% |
| ROA (TTM)Return on assets | -1.9% | -17.0% |
| ROICReturn on invested capital | -5.7% | -33.3% |
| ROCEReturn on capital employed | -5.8% | -18.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.06x | 0.16x |
| Net DebtTotal debt minus cash | -$46M | -$758M |
| Cash & Equiv.Liquid assets | $65M | $946M |
| Total DebtShort + long-term debt | $20M | $187M |
| Interest CoverageEBIT ÷ Interest expense | — | -69.90x |
Total Returns (Dividends Reinvested)
NTRA leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NTRA five years ago would be worth $22,333 today (with dividends reinvested), compared to $2,881 for CDNA. Over the past 12 months, CDNA leads with a +47.7% total return vs NTRA's +38.3%. The 3-year compound annual growth rate (CAGR) favors NTRA at 59.4% vs CDNA's 36.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +9.4% | -6.0% |
| 1-Year ReturnPast 12 months | +47.7% | +38.3% |
| 3-Year ReturnCumulative with dividends | +155.1% | +305.1% |
| 5-Year ReturnCumulative with dividends | -71.2% | +123.3% |
| 10-Year ReturnCumulative with dividends | +380.3% | +2147.5% |
| CAGR (3Y)Annualised 3-year return | +36.6% | +59.4% |
Risk & Volatility
Evenly matched — CDNA and NTRA each lead in 1 of 2 comparable metrics.
Risk & Volatility
NTRA is the less volatile stock with a 1.26 beta — it tends to amplify market swings less than CDNA's 1.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CDNA currently trades 90.1% from its 52-week high vs NTRA's 83.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.39x | 1.26x |
| 52-Week HighHighest price in past year | $23.24 | $256.36 |
| 52-Week LowLowest price in past year | $10.96 | $131.81 |
| % of 52W HighCurrent price vs 52-week peak | +90.1% | +83.9% |
| RSI (14)Momentum oscillator 0–100 | 55.1 | 51.9 |
| Avg Volume (50D)Average daily shares traded | 683K | 1.3M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates CDNA as "Buy" and NTRA as "Buy". Consensus price targets imply 22.0% upside for NTRA (target: $263) vs 14.6% for CDNA (target: $24).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $24.00 | $262.50 |
| # AnalystsCovering analysts | 13 | 27 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +8.1% | 0.0% |
CDNA leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). NTRA leads in 1 (Total Returns). 1 tied.
CDNA vs NTRA: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is CDNA or NTRA a better buy right now?
For growth investors, Natera, Inc.
(NTRA) is the stronger pick with 56. 7% revenue growth year-over-year, versus 13. 8% for CareDx, Inc (CDNA). Analysts rate CareDx, Inc (CDNA) a "Buy" — based on 13 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — CDNA or NTRA?
Over the past 5 years, Natera, Inc.
(NTRA) delivered a total return of +123. 3%, compared to -71. 2% for CareDx, Inc (CDNA). Over 10 years, the gap is even starker: NTRA returned +21. 5% versus CDNA's +380. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — CDNA or NTRA?
By beta (market sensitivity over 5 years), Natera, Inc.
(NTRA) is the lower-risk stock at 1. 26β versus CareDx, Inc's 1. 39β — meaning CDNA is approximately 11% more volatile than NTRA relative to the S&P 500. On balance sheet safety, CareDx, Inc (CDNA) carries a lower debt/equity ratio of 6% versus 16% for Natera, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — CDNA or NTRA?
By revenue growth (latest reported year), Natera, Inc.
(NTRA) is pulling ahead at 56. 7% versus 13. 8% for CareDx, Inc (CDNA). On earnings-per-share growth, the picture is similar: Natera, Inc. grew EPS 59. 5% year-over-year, compared to -143. 0% for CareDx, Inc. Over a 3-year CAGR, NTRA leads at 39. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — CDNA or NTRA?
CareDx, Inc (CDNA) is the more profitable company, earning -5.
6% net margin versus -11. 2% for Natera, Inc. — meaning it keeps -5. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CDNA leads at -5. 5% versus -13. 1% for NTRA. At the gross margin level — before operating expenses — CDNA leads at 67. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is CDNA or NTRA more undervalued right now?
Analyst consensus price targets imply the most upside for NTRA: 22.
0% to $262. 50.
07Which pays a better dividend — CDNA or NTRA?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is CDNA or NTRA better for a retirement portfolio?
For long-horizon retirement investors, CareDx, Inc (CDNA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+380.
3% 10Y return). Both have compounded well over 10 years (CDNA: +380. 3%, NTRA: +21. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between CDNA and NTRA?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CDNA is a small-cap quality compounder stock; NTRA is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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