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VCYT vs CDNA
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
VCYT vs CDNA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Medical - Diagnostics & Research |
| Market Cap | $3.29B | $1.08B |
| Revenue (TTM) | $542M | $413M |
| Net Income (TTM) | $88M | $-8M |
| Gross Margin | 71.4% | 48.2% |
| Operating Margin | 12.2% | -3.3% |
| Forward P/E | 24.8x | 22.3x |
| Total Debt | $40M | $20M |
| Cash & Equiv. | $363M | $65M |
VCYT vs CDNA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Veracyte, Inc. (VCYT) | 100 | 165.2 | +65.2% |
| CareDx, Inc (CDNA) | 100 | 65.2 | -34.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VCYT vs CDNA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VCYT has the current edge in this matchup, primarily because of its strength in growth exposure and long-term compounding.
- Rev growth 16.0%, EPS growth 164.5%, 3Y rev CAGR 20.4%
- 6.7% 10Y total return vs CDNA's 380.3%
- Lower volatility, beta 1.52, Low D/E 3.0%, current ratio 8.15x
CDNA is the clearest fit if your priority is income & stability and defensive.
- beta 1.39
- Beta 1.39, current ratio 2.86x
- Lower P/E (22.3x vs 24.8x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.0% revenue growth vs CDNA's 13.8% | |
| Value | Lower P/E (22.3x vs 24.8x) | |
| Quality / Margins | 16.2% margin vs CDNA's -2.0% | |
| Stability / Safety | Beta 1.39 vs VCYT's 1.52 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +47.7% vs VCYT's +34.8% | |
| Efficiency (ROA) | 6.3% ROA vs CDNA's -1.9%, ROIC 5.6% vs -5.7% |
VCYT vs CDNA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
VCYT vs CDNA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
VCYT leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
VCYT and CDNA operate at a comparable scale, with $542M and $413M in trailing revenue. VCYT is the more profitable business, keeping 16.2% of every revenue dollar as net income compared to CDNA's -2.0%. On growth, CDNA holds the edge at +39.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $542M | $413M |
| EBITDAEarnings before interest/tax | $82M | $2M |
| Net IncomeAfter-tax profit | $88M | -$8M |
| Free Cash FlowCash after capex | $155M | $65M |
| Gross MarginGross profit ÷ Revenue | +71.4% | +48.2% |
| Operating MarginEBIT ÷ Revenue | +12.2% | -3.3% |
| Net MarginNet income ÷ Revenue | +16.2% | -2.0% |
| FCF MarginFCF ÷ Revenue | +28.6% | +15.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +21.5% | +39.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +3.0% | +126.3% |
Valuation Metrics
CDNA leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $3.3B | $1.1B |
| Enterprise ValueMkt cap + debt − cash | $3.0B | $1.0B |
| Trailing P/EPrice ÷ TTM EPS | 50.23x | -52.35x |
| Forward P/EPrice ÷ next-FY EPS est. | 24.83x | 22.32x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 31.01x | — |
| Price / SalesMarket cap ÷ Revenue | 6.36x | 2.85x |
| Price / BookPrice ÷ Book value/share | 2.53x | 3.68x |
| Price / FCFMarket cap ÷ FCF | 25.95x | 29.95x |
Profitability & Efficiency
VCYT leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
VCYT delivers a 6.9% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-3 for CDNA. VCYT carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to CDNA's 0.06x. On the Piotroski fundamental quality scale (0–9), VCYT scores 8/9 vs CDNA's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +6.9% | -2.6% |
| ROA (TTM)Return on assets | +6.3% | -1.9% |
| ROICReturn on invested capital | +5.6% | -5.7% |
| ROCEReturn on capital employed | +5.8% | -5.8% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 5 |
| Debt / EquityFinancial leverage | 0.03x | 0.06x |
| Net DebtTotal debt minus cash | -$323M | -$46M |
| Cash & Equiv.Liquid assets | $363M | $65M |
| Total DebtShort + long-term debt | $40M | $20M |
| Interest CoverageEBIT ÷ Interest expense | — | — |
Total Returns (Dividends Reinvested)
CDNA leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in VCYT five years ago would be worth $9,402 today (with dividends reinvested), compared to $2,881 for CDNA. Over the past 12 months, CDNA leads with a +47.7% total return vs VCYT's +34.8%. The 3-year compound annual growth rate (CAGR) favors CDNA at 36.6% vs VCYT's 22.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -2.8% | +9.4% |
| 1-Year ReturnPast 12 months | +34.8% | +47.7% |
| 3-Year ReturnCumulative with dividends | +82.0% | +155.1% |
| 5-Year ReturnCumulative with dividends | -6.0% | -71.2% |
| 10-Year ReturnCumulative with dividends | +669.9% | +380.3% |
| CAGR (3Y)Annualised 3-year return | +22.1% | +36.6% |
Risk & Volatility
CDNA leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
CDNA is the less volatile stock with a 1.39 beta — it tends to amplify market swings less than VCYT's 1.52 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 VCYT's 81.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.52x | 1.39x |
| 52-Week HighHighest price in past year | $50.71 | $23.24 |
| 52-Week LowLowest price in past year | $22.61 | $10.96 |
| % of 52W HighCurrent price vs 52-week peak | +81.2% | +90.1% |
| RSI (14)Momentum oscillator 0–100 | 48.8 | 55.1 |
| Avg Volume (50D)Average daily shares traded | 867K | 683K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates VCYT as "Buy" and CDNA as "Buy". Consensus price targets imply 14.6% upside for CDNA (target: $24) vs 8.0% for VCYT (target: $45).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $44.50 | $24.00 |
| # AnalystsCovering analysts | 20 | 13 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +8.1% |
CDNA leads in 3 of 6 categories (Valuation Metrics, Total Returns). VCYT leads in 2 (Income & Cash Flow, Profitability & Efficiency).
VCYT vs CDNA: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is VCYT or CDNA a better buy right now?
For growth investors, Veracyte, Inc.
(VCYT) is the stronger pick with 16. 0% revenue growth year-over-year, versus 13. 8% for CareDx, Inc (CDNA). Veracyte, Inc. (VCYT) offers the better valuation at 50. 2x trailing P/E (24. 8x forward), making it the more compelling value choice. Analysts rate Veracyte, Inc. (VCYT) a "Buy" — based on 20 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 has the better valuation — VCYT or CDNA?
On forward P/E, CareDx, Inc is actually cheaper at 22.
3x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — VCYT or CDNA?
Over the past 5 years, Veracyte, Inc.
(VCYT) delivered a total return of -6. 0%, compared to -71. 2% for CareDx, Inc (CDNA). Over 10 years, the gap is even starker: VCYT returned +669. 9% 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.
04Which is safer — VCYT or CDNA?
By beta (market sensitivity over 5 years), CareDx, Inc (CDNA) is the lower-risk stock at 1.
39β versus Veracyte, Inc. 's 1. 52β — meaning VCYT is approximately 9% more volatile than CDNA relative to the S&P 500. On balance sheet safety, Veracyte, Inc. (VCYT) carries a lower debt/equity ratio of 3% versus 6% for CareDx, Inc — giving it more financial flexibility in a downturn.
05Which is growing faster — VCYT or CDNA?
By revenue growth (latest reported year), Veracyte, Inc.
(VCYT) is pulling ahead at 16. 0% versus 13. 8% for CareDx, Inc (CDNA). On earnings-per-share growth, the picture is similar: Veracyte, Inc. grew EPS 164. 5% year-over-year, compared to -143. 0% for CareDx, Inc. Over a 3-year CAGR, VCYT leads at 20. 4% 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.
06Which has better profit margins — VCYT or CDNA?
Veracyte, Inc.
(VCYT) is the more profitable company, earning 12. 8% net margin versus -5. 6% for CareDx, Inc — meaning it keeps 12. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VCYT leads at 14. 3% versus -5. 5% for CDNA. At the gross margin level — before operating expenses — VCYT leads at 69. 6%, 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.
07Is VCYT or CDNA more undervalued right now?
On forward earnings alone, CareDx, Inc (CDNA) trades at 22.
3x forward P/E versus 24. 8x for Veracyte, Inc. — 2. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CDNA: 14. 6% to $24. 00.
08Which pays a better dividend — VCYT or CDNA?
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.
09Is VCYT or CDNA better for a retirement portfolio?
For long-horizon retirement investors, Veracyte, Inc.
(VCYT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+669. 9% 10Y return). Both have compounded well over 10 years (VCYT: +669. 9%, CDNA: +380. 3%), 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.
10What are the main differences between VCYT and CDNA?
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: VCYT is a small-cap high-growth stock; CDNA is a small-cap quality compounder 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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