Medical - Devices
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5 / 10Stock Comparison
CTKB vs BIO vs TMO vs ILMN vs DHR
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Devices
Medical - Diagnostics & Research
Medical - Diagnostics & Research
Medical - Diagnostics & Research
CTKB vs BIO vs TMO vs ILMN vs DHR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Medical - Devices | Medical - Devices | Medical - Diagnostics & Research | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $593M | $6.87B | $172.80B | $21.55B | $121.14B |
| Revenue (TTM) | $204M | $2.59B | $45.20B | $4.39B | $24.78B |
| Net Income (TTM) | $-74M | $169M | $6.86B | $853M | $3.69B |
| Gross Margin | 51.7% | 51.9% | 39.4% | 67.1% | 60.7% |
| Operating Margin | -21.5% | 9.2% | 17.8% | 20.9% | 21.0% |
| Forward P/E | — | 27.4x | 18.7x | 27.2x | 20.3x |
| Total Debt | $24M | $1.53B | $40.85B | $2.55B | $18.42B |
| Cash & Equiv. | $91M | $532M | $9.86B | $1.42B | $4.62B |
CTKB vs BIO vs TMO vs ILMN vs DHR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 21 | May 26 | Return |
|---|---|---|---|
| Cytek Biosciences, … (CTKB) | 100 | 20.8 | -79.2% |
| Bio-Rad Laboratorie… (BIO) | 100 | 34.4 | -65.6% |
| Thermo Fisher Scien… (TMO) | 100 | 86.1 | -13.9% |
| Illumina, Inc. (ILMN) | 100 | 29.4 | -70.6% |
| Danaher Corporation (DHR) | 100 | 64.9 | -35.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CTKB vs BIO vs TMO vs ILMN vs DHR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CTKB lags the leaders in this set but could rank higher in a more targeted comparison.
BIO is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 0.91, Low D/E 20.5%, current ratio 5.62x
TMO carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 3.9%, EPS growth 7.3%, 3Y rev CAGR -0.3%
- 222.6% 10Y total return vs DHR's 212.4%
- 3.9% revenue growth vs ILMN's -0.8%
- Lower P/E (18.7x vs 20.3x), PEG 8.86 vs 33.47
ILMN is the #2 pick in this set and the best alternative if valuation efficiency is your priority.
- PEG 6.43 vs DHR's 33.47
- 19.4% margin vs CTKB's -36.2%
- +78.3% vs DHR's -11.4%
- 13.4% ROA vs CTKB's -15.6%, ROIC 16.8% vs -10.3%
DHR ranks third and is worth considering specifically for income & stability and defensive.
- Dividend streak 1 yrs, beta 0.89, yield 0.7%
- Beta 0.89, yield 0.7%, current ratio 1.87x
- Beta 0.89 vs CTKB's 1.66
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 3.9% revenue growth vs ILMN's -0.8% | |
| Value | Lower P/E (18.7x vs 20.3x), PEG 8.86 vs 33.47 | |
| Quality / Margins | 19.4% margin vs CTKB's -36.2% | |
| Stability / Safety | Beta 0.89 vs CTKB's 1.66 | |
| Dividends | 0.4% yield, 8-year raise streak, vs DHR's 0.7%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +78.3% vs DHR's -11.4% | |
| Efficiency (ROA) | 13.4% ROA vs CTKB's -15.6%, ROIC 16.8% vs -10.3% |
CTKB vs BIO vs TMO vs ILMN vs DHR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CTKB vs BIO vs TMO vs ILMN vs DHR — 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
BIO leads 1 • TMO leads 1 • CTKB leads 0 • DHR leads 0 • 2 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 — 221.4x CTKB's $204M. ILMN is the more profitable business, keeping 19.4% of every revenue dollar as net income compared to CTKB's -36.2%. On growth, CTKB holds the edge at +6.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $204M | $2.6B | $45.2B | $4.4B | $24.8B |
| EBITDAEarnings before interest/tax | -$35M | -$315M | $10.5B | $1.1B | $7.2B |
| Net IncomeAfter-tax profit | -$74M | $169M | $6.9B | $853M | $3.7B |
| Free Cash FlowCash after capex | -$13M | $357M | $6.7B | $989M | $5.3B |
| Gross MarginGross profit ÷ Revenue | +51.7% | +51.9% | +39.4% | +67.1% | +60.7% |
| Operating MarginEBIT ÷ Revenue | -21.5% | +9.2% | +17.8% | +20.9% | +21.0% |
| Net MarginNet income ÷ Revenue | -36.2% | +6.5% | +15.2% | +19.4% | +14.9% |
| FCF MarginFCF ÷ Revenue | -6.2% | +13.8% | +14.9% | +22.5% | +21.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.5% | +1.1% | +6.2% | +4.8% | +3.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -66.7% | -9.5% | +11.3% | +6.1% | +9.8% |
Valuation Metrics
BIO leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 9.1x trailing earnings, BIO trades at a 73% valuation discount to DHR's 34.0x P/E. Adjusting for growth (PEG ratio), ILMN offers better value at 6.15x vs DHR's 33.47x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $593M | $6.9B | $172.8B | $21.6B | $121.1B |
| Enterprise ValueMkt cap + debt − cash | $526M | $7.9B | $203.8B | $22.7B | $134.9B |
| Trailing P/EPrice ÷ TTM EPS | -8.87x | 9.13x | 26.21x | 26.03x | 33.96x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 27.40x | 18.71x | 27.22x | 20.29x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 12.41x | 6.15x | 33.47x |
| EV / EBITDAEnterprise value multiple | — | 16.53x | 18.72x | 20.01x | 17.79x |
| Price / SalesMarket cap ÷ Revenue | 2.94x | 2.66x | 3.88x | 4.97x | 4.93x |
| Price / BookPrice ÷ Book value/share | 1.72x | 0.93x | 3.27x | 8.13x | 2.32x |
| Price / FCFMarket cap ÷ FCF | — | 18.33x | 27.46x | 23.15x | 23.03x |
Profitability & Efficiency
ILMN leads this category, winning 5 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 $-21 for CTKB. CTKB carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to ILMN's 0.94x. On the Piotroski fundamental quality scale (0–9), ILMN scores 8/9 vs CTKB's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -20.8% | +2.4% | +13.2% | +32.8% | +7.1% |
| ROA (TTM)Return on assets | -15.6% | +2.2% | +6.4% | +13.4% | +4.5% |
| ROICReturn on invested capital | -10.3% | +2.6% | +7.5% | +16.8% | +5.9% |
| ROCEReturn on capital employed | -9.9% | +2.9% | +9.1% | +17.6% | +7.0% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 | 6 | 8 | 7 |
| Debt / EquityFinancial leverage | 0.07x | 0.21x | 0.76x | 0.94x | 0.35x |
| Net DebtTotal debt minus cash | -$67M | $999M | $31.0B | $1.1B | $13.8B |
| Cash & Equiv.Liquid assets | $91M | $532M | $9.9B | $1.4B | $4.6B |
| Total DebtShort + long-term debt | $24M | $1.5B | $40.9B | $2.6B | $18.4B |
| Interest CoverageEBIT ÷ Interest expense | -25.82x | -2.49x | 5.89x | 12.09x | 18.13x |
Total Returns (Dividends Reinvested)
TMO leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TMO five years ago would be worth $10,187 today (with dividends reinvested), compared to $2,457 for CTKB. Over the past 12 months, ILMN leads with a +78.3% total return vs DHR's -11.4%. The 3-year compound annual growth rate (CAGR) favors TMO at -4.7% vs CTKB's -26.5% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -6.3% | -16.7% | -21.4% | +5.6% | -25.5% |
| 1-Year ReturnPast 12 months | +21.6% | +5.5% | +13.6% | +78.3% | -11.4% |
| 3-Year ReturnCumulative with dividends | -60.3% | -32.8% | -13.4% | -25.4% | -17.6% |
| 5-Year ReturnCumulative with dividends | -75.4% | -57.9% | +1.9% | -61.6% | -23.2% |
| 10-Year ReturnCumulative with dividends | -75.4% | +79.3% | +222.6% | +3.0% | +212.4% |
| CAGR (3Y)Annualised 3-year return | -26.5% | -12.4% | -4.7% | -9.3% | -6.3% |
Risk & Volatility
Evenly matched — ILMN and DHR each lead in 1 of 2 comparable metrics.
Risk & Volatility
DHR is the less volatile stock with a 0.89 beta — it tends to amplify market swings less than CTKB's 1.66 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ILMN currently trades 91.2% from its 52-week high vs DHR's 70.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.66x | 0.91x | 1.07x | 1.20x | 0.89x |
| 52-Week HighHighest price in past year | $6.18 | $343.12 | $643.99 | $155.53 | $242.80 |
| 52-Week LowLowest price in past year | $2.37 | $211.43 | $385.46 | $75.24 | $170.74 |
| % of 52W HighCurrent price vs 52-week peak | +74.6% | +74.1% | +72.2% | +91.2% | +70.5% |
| RSI (14)Momentum oscillator 0–100 | 63.5 | 36.1 | 43.9 | 59.5 | 34.6 |
| Avg Volume (50D)Average daily shares traded | 680K | 304K | 1.9M | 1.5M | 4.2M |
Analyst Outlook
Evenly matched — TMO and DHR each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: CTKB as "Buy", BIO as "Buy", TMO as "Buy", ILMN as "Buy", DHR as "Buy". Consensus price targets imply 44.3% upside for DHR (target: $247) vs 3.9% for ILMN (target: $147). For income investors, DHR offers the higher dividend yield at 0.72% vs TMO's 0.36%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $6.00 | $312.50 | $654.67 | $147.38 | $247.00 |
| # AnalystsCovering analysts | 5 | 14 | 42 | 50 | 42 |
| Dividend YieldAnnual dividend ÷ price | — | — | +0.4% | — | +0.7% |
| Dividend StreakConsecutive years of raises | — | — | 8 | — | 1 |
| Dividend / ShareAnnual DPS | — | — | $1.69 | — | $1.23 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.5% | +4.3% | +1.7% | +3.4% | +2.5% |
ILMN leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). BIO leads in 1 (Valuation Metrics). 2 tied.
CTKB vs BIO vs TMO vs ILMN vs DHR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CTKB or BIO or TMO or ILMN or DHR a better buy right now?
For growth investors, Thermo Fisher Scientific Inc.
(TMO) is the stronger pick with 3. 9% revenue growth year-over-year, versus -0. 8% for Illumina, Inc. (ILMN). Bio-Rad Laboratories, Inc. (BIO) offers the better valuation at 9. 1x trailing P/E (27. 4x forward), making it the more compelling value choice. Analysts rate Cytek Biosciences, Inc. (CTKB) a "Buy" — based on 5 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 — CTKB or BIO or TMO or ILMN or DHR?
On trailing P/E, Bio-Rad Laboratories, Inc.
(BIO) is the cheapest at 9. 1x versus Danaher Corporation at 34. 0x. 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 Danaher Corporation's 33. 47x.
03Which is the better long-term investment — CTKB or BIO or TMO or ILMN or DHR?
Over the past 5 years, Thermo Fisher Scientific Inc.
(TMO) delivered a total return of +1. 9%, compared to -75. 4% for Cytek Biosciences, Inc. (CTKB). Over 10 years, the gap is even starker: TMO returned +222. 6% versus CTKB's -75. 4%. 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 — CTKB or BIO or TMO or ILMN or DHR?
By beta (market sensitivity over 5 years), Danaher Corporation (DHR) is the lower-risk stock at 0.
89β versus Cytek Biosciences, Inc. 's 1. 66β — meaning CTKB is approximately 86% more volatile than DHR relative to the S&P 500. On balance sheet safety, Cytek Biosciences, Inc. (CTKB) carries a lower debt/equity ratio of 7% versus 94% for Illumina, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — CTKB or BIO or TMO or ILMN or DHR?
By revenue growth (latest reported year), Thermo Fisher Scientific Inc.
(TMO) is pulling ahead at 3. 9% 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 -1028. 0% for Cytek Biosciences, Inc.. Over a 3-year CAGR, CTKB leads at 7. 1% 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 — CTKB or BIO or TMO or ILMN or DHR?
Bio-Rad Laboratories, Inc.
(BIO) is the more profitable company, earning 29. 4% net margin versus -33. 0% for Cytek Biosciences, Inc. — meaning it keeps 29. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DHR leads at 20. 9% versus -20. 0% for CTKB. At the gross margin level — before operating expenses — ILMN leads at 66. 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 CTKB or BIO or TMO or ILMN or DHR 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 Danaher Corporation's 33. 47x. 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 27. 4x for Bio-Rad Laboratories, Inc. — 8. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DHR: 44. 3% to $247. 00.
08Which pays a better dividend — CTKB or BIO or TMO or ILMN or DHR?
In this comparison, DHR (0.
7% yield), TMO (0. 4% yield) pay a dividend. CTKB, BIO, ILMN do not pay a meaningful dividend and should not be held primarily for income.
09Is CTKB or BIO or TMO or ILMN or DHR better for a retirement portfolio?
For long-horizon retirement investors, Danaher Corporation (DHR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
89), 0. 7% yield, +212. 4% 10Y return). Cytek Biosciences, Inc. (CTKB) carries a higher beta of 1. 66 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (DHR: +212. 4%, CTKB: -75. 4%), 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 CTKB and BIO and TMO and ILMN and DHR?
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: CTKB is a small-cap quality compounder stock; BIO is a small-cap deep-value stock; TMO is a mid-cap quality compounder stock; ILMN is a mid-cap quality compounder stock; DHR is a mid-cap quality compounder stock. DHR pays a dividend while CTKB, BIO, TMO, ILMN do not, making them suitable for different income and tax situations. 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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