Medical - Diagnostics & Research
Compare Stocks
2 / 10Stock Comparison
CDNA vs EXAS
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
CDNA vs EXAS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $1.08B | $20.02B |
| Revenue (TTM) | $413M | $3.25B |
| Net Income (TTM) | $-8M | $-208M |
| Gross Margin | 48.2% | 69.7% |
| Operating Margin | -3.3% | -6.4% |
| Forward P/E | 22.3x | 582.8x |
| Total Debt | $20M | $2.52B |
| Cash & Equiv. | $65M | $956M |
CDNA vs EXAS — 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% |
| Exact Sciences Corp… (EXAS) | 100 | 120.4 | +20.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CDNA vs EXAS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CDNA has the current edge in this matchup, primarily because of its strength in sleep-well-at-night.
- Lower volatility, beta 1.39, Low D/E 6.5%, current ratio 2.86x
- Lower P/E (22.3x vs 582.8x)
- -2.0% margin vs EXAS's -6.4%
EXAS is the clearest fit if your priority is income & stability and growth exposure.
- beta 0.12
- Rev growth 17.7%, EPS growth 80.3%, 3Y rev CAGR 15.9%
- 16.7% 10Y total return vs CDNA's 380.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 17.7% revenue growth vs CDNA's 13.8% | |
| Value | Lower P/E (22.3x vs 582.8x) | |
| Quality / Margins | -2.0% margin vs EXAS's -6.4% | |
| Stability / Safety | Beta 0.12 vs CDNA's 1.39 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +94.3% vs CDNA's +47.7% | |
| Efficiency (ROA) | -1.9% ROA vs EXAS's -3.5%, ROIC -5.7% vs -3.6% |
CDNA vs EXAS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CDNA vs EXAS — 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)
EXAS is the larger business by revenue, generating $3.2B annually — 7.9x CDNA's $413M. Profitability is closely matched — net margins range from -2.0% (CDNA) to -6.4% (EXAS). On growth, CDNA holds the edge at +39.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $413M | $3.2B |
| EBITDAEarnings before interest/tax | $2M | -$41M |
| Net IncomeAfter-tax profit | -$8M | -$208M |
| Free Cash FlowCash after capex | $65M | $357M |
| Gross MarginGross profit ÷ Revenue | +48.2% | +69.7% |
| Operating MarginEBIT ÷ Revenue | -3.3% | -6.4% |
| Net MarginNet income ÷ Revenue | -2.0% | -6.4% |
| FCF MarginFCF ÷ Revenue | +15.8% | +11.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +39.0% | +23.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +126.3% | +90.4% |
Valuation Metrics
CDNA leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.1B | $20.0B |
| Enterprise ValueMkt cap + debt − cash | $1.0B | $21.6B |
| Trailing P/EPrice ÷ TTM EPS | -52.35x | -95.37x |
| Forward P/EPrice ÷ next-FY EPS est. | 22.32x | 582.83x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 2.85x | 6.16x |
| Price / BookPrice ÷ Book value/share | 3.68x | 8.24x |
| Price / FCFMarket cap ÷ FCF | 29.95x | 56.10x |
Profitability & Efficiency
CDNA leads this category, winning 5 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 $-9 for EXAS. 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), EXAS scores 7/9 vs CDNA's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -2.6% | -8.7% |
| ROA (TTM)Return on assets | -1.9% | -3.5% |
| ROICReturn on invested capital | -5.7% | -3.6% |
| ROCEReturn on capital employed | -5.8% | -4.0% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.06x | 1.05x |
| Net DebtTotal debt minus cash | -$46M | $1.6B |
| Cash & Equiv.Liquid assets | $65M | $956M |
| Total DebtShort + long-term debt | $20M | $2.5B |
| Interest CoverageEBIT ÷ Interest expense | — | -5.47x |
Total Returns (Dividends Reinvested)
Evenly matched — CDNA and EXAS each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EXAS five years ago would be worth $9,713 today (with dividends reinvested), compared to $2,881 for CDNA. Over the past 12 months, EXAS leads with a +94.3% total return vs CDNA's +47.7%. The 3-year compound annual growth rate (CAGR) favors CDNA at 36.6% vs EXAS's 15.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +9.4% | +3.1% |
| 1-Year ReturnPast 12 months | +47.7% | +94.3% |
| 3-Year ReturnCumulative with dividends | +155.1% | +53.0% |
| 5-Year ReturnCumulative with dividends | -71.2% | -2.9% |
| 10-Year ReturnCumulative with dividends | +380.3% | +1672.1% |
| CAGR (3Y)Annualised 3-year return | +36.6% | +15.2% |
Risk & Volatility
EXAS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
EXAS is the less volatile stock with a 0.12 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. EXAS currently trades 99.9% from its 52-week high vs CDNA's 90.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.39x | 0.12x |
| 52-Week HighHighest price in past year | $23.24 | $104.98 |
| 52-Week LowLowest price in past year | $10.96 | $38.81 |
| % of 52W HighCurrent price vs 52-week peak | +90.1% | +99.9% |
| RSI (14)Momentum oscillator 0–100 | 55.1 | 76.4 |
| Avg Volume (50D)Average daily shares traded | 683K | 4.1M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates CDNA as "Buy" and EXAS as "Buy". Consensus price targets imply 14.6% upside for CDNA (target: $24) vs -1.6% for EXAS (target: $103).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $24.00 | $103.18 |
| # AnalystsCovering analysts | 13 | 41 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +8.1% | +0.1% |
CDNA leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). EXAS leads in 1 (Risk & Volatility). 1 tied.
CDNA vs EXAS: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is CDNA or EXAS a better buy right now?
For growth investors, Exact Sciences Corporation (EXAS) is the stronger pick with 17.
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 EXAS?
Over the past 5 years, Exact Sciences Corporation (EXAS) delivered a total return of -2.
9%, compared to -71. 2% for CareDx, Inc (CDNA). Over 10 years, the gap is even starker: EXAS returned +1672% 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 EXAS?
By beta (market sensitivity over 5 years), Exact Sciences Corporation (EXAS) is the lower-risk stock at 0.
12β versus CareDx, Inc's 1. 39β — meaning CDNA is approximately 1056% 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.
04Which is growing faster — CDNA or EXAS?
By revenue growth (latest reported year), Exact Sciences Corporation (EXAS) is pulling ahead at 17.
7% versus 13. 8% for CareDx, Inc (CDNA). On earnings-per-share growth, the picture is similar: Exact Sciences Corporation grew EPS 80. 3% 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.
05Which has better profit margins — CDNA or EXAS?
CareDx, Inc (CDNA) is the more profitable company, earning -5.
6% net margin versus -6. 4% for Exact Sciences Corporation — 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 -6. 4% for EXAS. 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.
06Is CDNA or EXAS more undervalued right now?
On forward earnings alone, CareDx, Inc (CDNA) trades at 22.
3x forward P/E versus 582. 8x for Exact Sciences Corporation — 560. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CDNA: 14. 6% to $24. 00.
07Which pays a better dividend — CDNA or EXAS?
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 EXAS 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.
12), +1672% 10Y return). Both have compounded well over 10 years (EXAS: +1672%, 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.
09What are the main differences between CDNA and EXAS?
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; EXAS 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.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.