Medical - Diagnostics & Research
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Side-by-side financial analysisStock Comparison
EXAS vs GH vs NTRA
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
Medical - Diagnostics & Research
EXAS vs GH vs NTRA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||
|---|---|---|---|
| Industry | Medical - Diagnostics & Research | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $20.02B | $17.47B | $33.14B |
| Revenue (TTM) | $3.25B | $1.08B | $2.50B |
| Net Income (TTM) | $-208M | $-433M | $-226M |
| Gross Margin | 69.7% | 64.9% | 65.2% |
| Operating Margin | -6.4% | -41.4% | -13.0% |
| Forward P/E | 582.8x | — | — |
| Total Debt | $2.52B | $1.68B | $214M |
| Cash & Equiv. | $956M | $378M | $1.08B |
EXAS vs GH vs NTRA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 20 | Mar 26 | Return |
|---|---|---|---|
| Exact Sciences Corp… (EXAS) | 100 | 120.7 | +20.7% |
| Guardant Health, In… (GH) | 100 | 115.7 | +15.7% |
| Natera, Inc. (NTRA) | 100 | 417.2 | +317.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: EXAS vs GH vs NTRA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
EXAS has the current edge in this matchup, primarily because of its strength in value and quality.
- Better valuation composite
- -6.4% margin vs GH's -40.1%
- -3.5% ROA vs GH's -26.5%, ROIC -3.6% vs -34.9%
GH is the clearest fit if your priority is income & stability and sleep-well-at-night.
- beta 0.96
- Lower volatility, beta 0.96, current ratio 4.84x
- Beta 0.96, current ratio 4.84x
NTRA is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 35.9%, EPS growth 0.7%, 3Y rev CAGR 41.1%
- 18.9% 10Y total return vs EXAS's 8.7%
- 35.9% revenue growth vs EXAS's 17.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.9% revenue growth vs EXAS's 17.7% | |
| Value | Better valuation composite | |
| Quality / Margins | -6.4% margin vs GH's -40.1% | |
| Stability / Safety | Beta 0.96 vs NTRA's 1.22 | |
| Dividends | Tie | None of these 3 stocks pay a meaningful dividend |
| Momentum (1Y) | +160.6% vs NTRA's +35.3% | |
| Efficiency (ROA) | -3.5% ROA vs GH's -26.5%, ROIC -3.6% vs -34.9% |
EXAS vs GH vs NTRA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
EXAS vs GH vs NTRA — Financial Metrics
Side-by-side numbers across 3 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
EXAS 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 — 3.0x GH's $1.1B. EXAS is the more profitable business, keeping -6.4% of every revenue dollar as net income compared to GH's -40.1%. On growth, GH holds the edge at +48.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||
|---|---|---|---|
| RevenueTrailing 12 months | $3.2B | $1.1B | $2.5B |
| EBITDAEarnings before interest/tax | -$41M | -$409M | -$313M |
| Net IncomeAfter-tax profit | -$208M | -$433M | -$226M |
| Free Cash FlowCash after capex | $357M | -$225M | $92M |
| Gross MarginGross profit ÷ Revenue | +69.7% | +64.9% | +65.2% |
| Operating MarginEBIT ÷ Revenue | -6.4% | -41.4% | -13.0% |
| Net MarginNet income ÷ Revenue | -6.4% | -40.1% | -9.0% |
| FCF MarginFCF ÷ Revenue | +11.0% | -20.8% | +3.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +23.1% | +48.3% | +38.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +90.4% | -10.4% | -20.0% |
Valuation Metrics
EXAS leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
| Metric | |||
|---|---|---|---|
| Market CapShares × price | $20.0B | $17.5B | $33.1B |
| Enterprise ValueMkt cap + debt − cash | $21.6B | $18.8B | $32.3B |
| Trailing P/EPrice ÷ TTM EPS | -95.37x | -39.69x | -152.24x |
| Forward P/EPrice ÷ next-FY EPS est. | 582.83x | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | — |
| Price / SalesMarket cap ÷ Revenue | 6.16x | 17.79x | 14.37x |
| Price / BookPrice ÷ Book value/share | 8.24x | — | 18.48x |
| Price / FCFMarket cap ÷ FCF | 56.10x | — | 303.73x |
Profitability & Efficiency
EXAS leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
EXAS delivers a -8.7% return on equity — every $100 of shareholder capital generates $-9 in annual profit, vs $-15 for NTRA. NTRA carries lower financial leverage with a 0.13x 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 NTRA's 5/9, reflecting strong financial health.
| Metric | |||
|---|---|---|---|
| ROE (TTM)Return on equity | -8.7% | — | -15.1% |
| ROA (TTM)Return on assets | -3.5% | -26.5% | -10.4% |
| ROICReturn on invested capital | -3.6% | -34.9% | -36.1% |
| ROCEReturn on capital employed | -4.0% | -29.4% | -18.3% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 | 5 |
| Debt / EquityFinancial leverage | 1.05x | — | 0.13x |
| Net DebtTotal debt minus cash | $1.6B | $1.3B | -$862M |
| Cash & Equiv.Liquid assets | $956M | $378M | $1.1B |
| Total DebtShort + long-term debt | $2.5B | $1.7B | $214M |
| Interest CoverageEBIT ÷ Interest expense | -5.47x | -96.55x | -34.29x |
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 $22,493 today (with dividends reinvested), compared to $8,292 for EXAS. Over the past 12 months, GH leads with a +160.6% total return vs NTRA's +35.3%. The 3-year compound annual growth rate (CAGR) favors NTRA at 64.4% vs EXAS's 3.6% — a key indicator of consistent wealth creation.
| Metric | |||
|---|---|---|---|
| YTD ReturnYear-to-date | +3.1% | +29.5% | +1.1% |
| 1-Year ReturnPast 12 months | +100.4% | +160.6% | +35.3% |
| 3-Year ReturnCumulative with dividends | +11.2% | +254.0% | +344.2% |
| 5-Year ReturnCumulative with dividends | -17.1% | +9.6% | +124.9% |
| 10-Year ReturnCumulative with dividends | +867.8% | +309.3% | +1894.9% |
| CAGR (3Y)Annualised 3-year return | +3.6% | +52.4% | +64.4% |
Risk & Volatility
EXAS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
EXAS is the less volatile stock with a -0.07 beta — it tends to amplify market swings less than NTRA's 1.22 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 NTRA's 90.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||
|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.07x | 0.96x | 1.22x |
| 52-Week HighHighest price in past year | $104.98 | $135.00 | $256.36 |
| 52-Week LowLowest price in past year | $38.81 | $40.35 | $131.81 |
| % of 52W HighCurrent price vs 52-week peak | +99.9% | +97.6% | +90.3% |
| RSI (14)Momentum oscillator 0–100 | 76.4 | 62.7 | 59.4 |
| Avg Volume (50D)Average daily shares traded | 21.6M | 2.2M | 1.5M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: EXAS as "Buy", GH as "Buy", NTRA as "Buy". Consensus price targets imply 12.3% upside for NTRA (target: $260) vs 0.1% for EXAS (target: $105).
| Metric | |||
|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $105.00 | $147.00 | $259.88 |
| # AnalystsCovering analysts | 41 | 30 | 27 |
| Dividend YieldAnnual dividend ÷ price | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +0.1% | 0.0% |
EXAS leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). NTRA leads in 1 (Total Returns).
EXAS vs GH vs NTRA: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is EXAS or GH or NTRA a better buy right now?
For growth investors, Natera, Inc.
(NTRA) is the stronger pick with 35. 9% revenue growth year-over-year, versus 17. 7% for Exact Sciences Corporation (EXAS). Analysts rate Exact Sciences Corporation (EXAS) a "Buy" — based on 41 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 — EXAS or GH or NTRA?
Over the past 5 years, Natera, Inc.
(NTRA) delivered a total return of +124. 9%, compared to -17. 1% for Exact Sciences Corporation (EXAS). Over 10 years, the gap is even starker: NTRA returned +1895% versus GH's +309. 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 — EXAS or GH or NTRA?
By beta (market sensitivity over 5 years), Exact Sciences Corporation (EXAS) is the lower-risk stock at -0.
07β versus Natera, Inc. 's 1. 22β — meaning NTRA is approximately -1761% more volatile than EXAS relative to the S&P 500. On balance sheet safety, Natera, Inc. (NTRA) carries a lower debt/equity ratio of 13% versus 105% for Exact Sciences Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — EXAS or GH or NTRA?
By revenue growth (latest reported year), Natera, Inc.
(NTRA) is pulling ahead at 35. 9% versus 17. 7% for Exact Sciences Corporation (EXAS). On earnings-per-share growth, the picture is similar: Exact Sciences Corporation grew EPS 80. 3% year-over-year, compared to 0. 7% for Natera, Inc.. Over a 3-year CAGR, NTRA leads at 41. 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.
05Which has better profit margins — EXAS or GH or NTRA?
Exact Sciences Corporation (EXAS) is the more profitable company, earning -6.
4% net margin versus -42. 4% for Guardant Health, Inc. — meaning it keeps -6. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EXAS leads at -6. 4% versus -44. 4% for GH. 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 EXAS or GH or NTRA more undervalued right now?
Analyst consensus price targets imply the most upside for NTRA: 12.
3% to $259. 88.
07Which pays a better dividend — EXAS or GH 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 EXAS or GH or NTRA 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.
07), +867. 8% 10Y return). Both have compounded well over 10 years (EXAS: +867. 8%, GH: +309. 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 EXAS and GH 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.
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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