Medical - Diagnostics & Research
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5 / 10Stock Comparison
BIAF vs CDNA vs EXAS vs ILMN vs TMO
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
Medical - Diagnostics & Research
Medical - Diagnostics & Research
Medical - Diagnostics & Research
BIAF vs CDNA vs EXAS vs ILMN vs TMO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Medical - Diagnostics & Research | Medical - Diagnostics & Research | Medical - Diagnostics & Research | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $821K | $1.13B | $20.02B | $21.55B | $172.80B |
| Revenue (TTM) | $7M | $413M | $3.25B | $4.39B | $45.20B |
| Net Income (TTM) | $-15M | $-8M | $-208M | $853M | $6.86B |
| Gross Margin | 23.9% | 48.2% | 69.7% | 67.1% | 39.4% |
| Operating Margin | -153.2% | -3.3% | -6.4% | 20.9% | 17.8% |
| Forward P/E | — | 23.3x | 582.8x | 27.2x | 18.7x |
| Total Debt | $2M | $20M | $2.52B | $2.55B | $40.85B |
| Cash & Equiv. | $1M | $65M | $956M | $1.42B | $9.86B |
BIAF vs CDNA vs EXAS vs ILMN vs TMO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 22 | May 26 | Return |
|---|---|---|---|
| bioAffinity Technol… (BIAF) | 100 | 2.3 | -97.7% |
| CareDx, Inc (CDNA) | 100 | 128.2 | +28.2% |
| Exact Sciences Corp… (EXAS) | 100 | 318.2 | +218.2% |
| Illumina, Inc. (ILMN) | 100 | 76.5 | -23.5% |
| Thermo Fisher Scien… (TMO) | 100 | 91.7 | -8.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BIAF vs CDNA vs EXAS vs ILMN vs TMO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BIAF ranks third and is worth considering specifically for growth.
- 269.7% revenue growth vs ILMN's -0.8%
Among these 5 stocks, CDNA doesn't own a clear edge in any measured category.
EXAS is the #2 pick in this set and the best alternative if income & stability and growth exposure is your priority.
- beta 0.05
- Rev growth 17.7%, EPS growth 80.3%, 3Y rev CAGR 15.9%
- 16.7% 10Y total return vs TMO's 222.6%
- Lower volatility, beta 0.05, current ratio 2.43x
ILMN carries the broadest edge in this set and is the clearest fit for valuation efficiency.
- PEG 6.43 vs TMO's 8.86
- Lower P/E (27.2x vs 582.8x)
- 19.4% margin vs BIAF's -217.5%
- 13.4% ROA vs BIAF's -127.7%, ROIC 16.8% vs -203.2%
TMO is the clearest fit if your priority is dividends.
- 0.4% yield; 8-year raise streak; the other 4 pay no meaningful dividend
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 269.7% revenue growth vs ILMN's -0.8% | |
| Value | Lower P/E (27.2x vs 582.8x) | |
| Quality / Margins | 19.4% margin vs BIAF's -217.5% | |
| Stability / Safety | Beta 0.05 vs BIAF's 2.18 | |
| Dividends | 0.4% yield; 8-year raise streak; the other 4 pay no meaningful dividend | |
| Momentum (1Y) | +97.7% vs BIAF's -66.4% | |
| Efficiency (ROA) | 13.4% ROA vs BIAF's -127.7%, ROIC 16.8% vs -203.2% |
BIAF vs CDNA vs EXAS vs ILMN vs TMO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BIAF vs CDNA vs EXAS vs ILMN vs TMO — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ILMN leads in 2 of 6 categories
EXAS leads 2 • BIAF leads 0 • CDNA leads 0 • TMO leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
ILMN leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TMO is the larger business by revenue, generating $45.2B annually — 6669.4x BIAF's $7M. ILMN is the more profitable business, keeping 19.4% of every revenue dollar as net income compared to BIAF's -2.2%. On growth, CDNA holds the edge at +39.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $7M | $413M | $3.2B | $4.4B | $45.2B |
| EBITDAEarnings before interest/tax | -$10M | $2M | -$41M | $1.1B | $10.5B |
| Net IncomeAfter-tax profit | -$15M | -$8M | -$208M | $853M | $6.9B |
| Free Cash FlowCash after capex | -$9M | $65M | $357M | $989M | $6.7B |
| Gross MarginGross profit ÷ Revenue | +23.9% | +48.2% | +69.7% | +67.1% | +39.4% |
| Operating MarginEBIT ÷ Revenue | -153.2% | -3.3% | -6.4% | +20.9% | +17.8% |
| Net MarginNet income ÷ Revenue | -2.2% | -2.0% | -6.4% | +19.4% | +15.2% |
| FCF MarginFCF ÷ Revenue | -125.5% | +15.8% | +11.0% | +22.5% | +14.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -38.5% | +39.0% | +23.1% | +4.8% | +6.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +1.3% | +126.3% | +90.4% | +6.1% | +11.3% |
Valuation Metrics
Evenly matched — BIAF and ILMN and TMO each lead in 2 of 7 comparable metrics.
Valuation Metrics
At 26.0x trailing earnings, ILMN trades at a 1% valuation discount to TMO's 26.2x P/E. Adjusting for growth (PEG ratio), ILMN offers better value at 6.15x vs TMO's 12.41x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $820,796 | $1.1B | $20.0B | $21.6B | $172.8B |
| Enterprise ValueMkt cap + debt − cash | $1M | $1.1B | $21.6B | $22.7B | $203.8B |
| Trailing P/EPrice ÷ TTM EPS | -0.09x | -54.55x | -95.37x | 26.03x | 26.21x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 23.25x | 582.83x | 27.22x | 18.71x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 6.15x | 12.41x |
| EV / EBITDAEnterprise value multiple | — | — | — | 20.01x | 18.72x |
| Price / SalesMarket cap ÷ Revenue | 0.09x | 2.97x | 6.16x | 4.97x | 3.88x |
| Price / BookPrice ÷ Book value/share | 0.32x | 3.84x | 8.24x | 8.13x | 3.27x |
| Price / FCFMarket cap ÷ FCF | — | 31.21x | 56.10x | 23.15x | 27.46x |
Profitability & Efficiency
ILMN leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
ILMN delivers a 32.8% return on equity — every $100 of shareholder capital generates $33 in annual profit, vs $-166 for BIAF. CDNA carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to EXAS's 1.05x. On the Piotroski fundamental quality scale (0–9), ILMN scores 8/9 vs BIAF's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -165.6% | -2.6% | -8.7% | +32.8% | +13.2% |
| ROA (TTM)Return on assets | -127.7% | -1.9% | -3.5% | +13.4% | +6.4% |
| ROICReturn on invested capital | -2.0% | -5.7% | -3.6% | +16.8% | +7.5% |
| ROCEReturn on capital employed | -190.8% | -5.8% | -4.0% | +17.6% | +9.1% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 | 7 | 8 | 6 |
| Debt / EquityFinancial leverage | 0.58x | 0.06x | 1.05x | 0.94x | 0.76x |
| Net DebtTotal debt minus cash | $395,903 | -$46M | $1.6B | $1.1B | $31.0B |
| Cash & Equiv.Liquid assets | $1M | $65M | $956M | $1.4B | $9.9B |
| Total DebtShort + long-term debt | $2M | $20M | $2.5B | $2.6B | $40.9B |
| Interest CoverageEBIT ÷ Interest expense | -259.85x | — | -5.47x | 12.09x | 5.89x |
Total Returns (Dividends Reinvested)
EXAS leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EXAS five years ago would be worth $10,614 today (with dividends reinvested), compared to $82 for BIAF. Over the past 12 months, EXAS leads with a +97.7% total return vs BIAF's -66.4%. The 3-year compound annual growth rate (CAGR) favors CDNA at 38.5% vs BIAF's -67.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +66.4% | +14.0% | +3.1% | +5.6% | -21.4% |
| 1-Year ReturnPast 12 months | -66.4% | +41.8% | +97.7% | +78.3% | +13.6% |
| 3-Year ReturnCumulative with dividends | -96.6% | +165.8% | +53.0% | -25.4% | -13.4% |
| 5-Year ReturnCumulative with dividends | -99.2% | -67.3% | +6.1% | -61.6% | +1.9% |
| 10-Year ReturnCumulative with dividends | -99.2% | +393.7% | +1669.1% | +3.0% | +222.6% |
| CAGR (3Y)Annualised 3-year return | -67.6% | +38.5% | +15.2% | -9.3% | -4.7% |
Risk & Volatility
EXAS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
EXAS is the less volatile stock with a 0.05 beta — it tends to amplify market swings less than BIAF's 2.18 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EXAS currently trades 99.9% from its 52-week high vs BIAF's 13.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.18x | 1.36x | 0.05x | 1.20x | 1.07x |
| 52-Week HighHighest price in past year | $15.00 | $23.24 | $104.98 | $155.53 | $643.99 |
| 52-Week LowLowest price in past year | $0.69 | $10.96 | $38.81 | $75.24 | $385.46 |
| % of 52W HighCurrent price vs 52-week peak | +13.5% | +93.9% | +99.9% | +91.2% | +72.2% |
| RSI (14)Momentum oscillator 0–100 | 41.4 | 59.0 | 76.4 | 59.5 | 43.9 |
| Avg Volume (50D)Average daily shares traded | 10.5M | 658K | 4.3M | 1.5M | 1.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: CDNA as "Buy", EXAS as "Buy", ILMN as "Buy", TMO as "Buy". Consensus price targets imply 40.8% upside for TMO (target: $655) vs 0.1% for EXAS (target: $105). TMO is the only dividend payer here at 0.36% yield — a key consideration for income-focused portfolios.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | — | $24.00 | $105.00 | $147.38 | $654.67 |
| # AnalystsCovering analysts | — | 13 | 41 | 50 | 42 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | +0.4% |
| Dividend StreakConsecutive years of raises | — | — | — | — | 8 |
| Dividend / ShareAnnual DPS | — | — | — | — | $1.69 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +7.8% | +0.1% | +3.4% | +1.7% |
ILMN leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). EXAS leads in 2 (Total Returns, Risk & Volatility). 1 tied.
BIAF vs CDNA vs EXAS vs ILMN vs TMO: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is BIAF or CDNA or EXAS or ILMN or TMO a better buy right now?
For growth investors, bioAffinity Technologies, Inc.
(BIAF) is the stronger pick with 269. 7% revenue growth year-over-year, versus -0. 8% for Illumina, Inc. (ILMN). Illumina, Inc. (ILMN) offers the better valuation at 26. 0x trailing P/E (27. 2x forward), making it the more compelling value choice. 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 has the better valuation — BIAF or CDNA or EXAS or ILMN or TMO?
On trailing P/E, Illumina, Inc.
(ILMN) is the cheapest at 26. 0x versus Thermo Fisher Scientific Inc. at 26. 2x. On forward P/E, Thermo Fisher Scientific Inc. is actually cheaper at 18. 7x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Illumina, Inc. wins at 6. 43x versus Thermo Fisher Scientific Inc. 's 8. 86x.
03Which is the better long-term investment — BIAF or CDNA or EXAS or ILMN or TMO?
Over the past 5 years, Exact Sciences Corporation (EXAS) delivered a total return of +6.
1%, compared to -99. 2% for bioAffinity Technologies, Inc. (BIAF). Over 10 years, the gap is even starker: EXAS returned +1669% versus BIAF's -99. 2%. 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 — BIAF or CDNA or EXAS or ILMN or TMO?
By beta (market sensitivity over 5 years), Exact Sciences Corporation (EXAS) is the lower-risk stock at 0.
05β versus bioAffinity Technologies, Inc. 's 2. 18β — meaning BIAF is approximately 4042% more volatile than EXAS relative to the S&P 500. On balance sheet safety, CareDx, Inc (CDNA) carries a lower debt/equity ratio of 6% versus 105% for Exact Sciences Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — BIAF or CDNA or EXAS or ILMN or TMO?
By revenue growth (latest reported year), bioAffinity Technologies, Inc.
(BIAF) is pulling ahead at 269. 7% versus -0. 8% for Illumina, Inc. (ILMN). On earnings-per-share growth, the picture is similar: Illumina, Inc. grew EPS 170. 9% year-over-year, compared to -143. 0% for CareDx, Inc. Over a 3-year CAGR, EXAS leads at 15. 9% 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 — BIAF or CDNA or EXAS or ILMN or TMO?
Illumina, Inc.
(ILMN) is the more profitable company, earning 19. 6% net margin versus -96. 6% for bioAffinity Technologies, Inc. — meaning it keeps 19. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ILMN leads at 19. 9% versus -95. 6% for BIAF. At the gross margin level — before operating expenses — EXAS leads at 69. 7%, 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 BIAF or CDNA or EXAS or ILMN or TMO more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Illumina, Inc. (ILMN) is the more undervalued stock at a PEG of 6. 43x versus Thermo Fisher Scientific Inc. 's 8. 86x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Thermo Fisher Scientific Inc. (TMO) trades at 18. 7x forward P/E versus 582. 8x for Exact Sciences Corporation — 564. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TMO: 40. 8% to $654. 67.
08Which pays a better dividend — BIAF or CDNA or EXAS or ILMN or TMO?
In this comparison, TMO (0.
4% yield) pays a dividend. BIAF, CDNA, EXAS, ILMN do not pay a meaningful dividend and should not be held primarily for income.
09Is BIAF or CDNA or EXAS or ILMN or TMO better for a retirement portfolio?
For long-horizon retirement investors, Exact Sciences Corporation (EXAS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
05), +1669% 10Y return). bioAffinity Technologies, Inc. (BIAF) carries a higher beta of 2. 18 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (EXAS: +1669%, BIAF: -99. 2%), 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 BIAF and CDNA and EXAS and ILMN and TMO?
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: BIAF is a small-cap high-growth stock; CDNA is a small-cap quality compounder stock; EXAS is a mid-cap high-growth stock; ILMN is a mid-cap quality compounder stock; TMO is a mid-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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