Medical - Diagnostics & Research
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4 / 10Stock Comparison
XGN vs CSTL vs NTRA vs CDNA
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
Medical - Diagnostics & Research
Medical - Diagnostics & Research
XGN vs CSTL vs NTRA vs CDNA — 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 |
| Market Cap | $67M | $583M | $31.16B | $1.11B |
| Revenue (TTM) | $67M | $340M | $2.31B | $413M |
| Net Income (TTM) | $-20M | $-13M | $-208M | $-8M |
| Gross Margin | 58.3% | 48.5% | 64.8% | 48.2% |
| Operating Margin | -21.1% | -8.6% | -13.4% | -3.3% |
| Forward P/E | — | — | — | 22.8x |
| Total Debt | $5M | $37M | $214M | $20M |
| Cash & Equiv. | $32M | $117M | $1.08B | $65M |
XGN vs CSTL vs NTRA vs CDNA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Exagen Inc. (XGN) | 100 | 25.4 | -74.6% |
| Castle Biosciences,… (CSTL) | 100 | 50.1 | -49.9% |
| Natera, Inc. (NTRA) | 100 | 501.3 | +401.3% |
| CareDx, Inc (CDNA) | 100 | 66.7 | -33.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: XGN vs CSTL vs NTRA vs CDNA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
XGN lags the leaders in this set but could rank higher in a more targeted comparison.
CSTL is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- beta 0.88
- Lower volatility, beta 0.88, Low D/E 7.8%, current ratio 5.26x
- Beta 0.88, current ratio 5.26x
- Better valuation composite
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%
- 20.9% 10Y total return vs CDNA's 385.1%
- 35.9% revenue growth vs CSTL's 3.7%
CDNA carries the broadest edge in this set and is the clearest fit for quality and momentum.
- -2.0% margin vs XGN's -30.0%
- +45.2% vs XGN's -57.0%
- -1.9% ROA vs XGN's -36.3%, ROIC -5.7% vs -18.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.9% revenue growth vs CSTL's 3.7% | |
| Value | Better valuation composite | |
| Quality / Margins | -2.0% margin vs XGN's -30.0% | |
| Stability / Safety | Beta 0.88 vs CDNA's 1.39 | |
| Dividends | Tie | None of these 4 stocks pay a meaningful dividend |
| Momentum (1Y) | +45.2% vs XGN's -57.0% | |
| Efficiency (ROA) | -1.9% ROA vs XGN's -36.3%, ROIC -5.7% vs -18.5% |
XGN vs CSTL vs NTRA vs CDNA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
XGN vs CSTL vs NTRA vs CDNA — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CSTL leads in 1 of 6 categories
CDNA leads 1 • NTRA leads 1 • XGN leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — NTRA and CDNA each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NTRA is the larger business by revenue, generating $2.3B annually — 34.6x XGN's $67M. CDNA is the more profitable business, keeping -2.0% of every revenue dollar as net income compared to XGN's -30.0%. On growth, NTRA holds the edge at +39.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $67M | $340M | $2.3B | $413M |
| EBITDAEarnings before interest/tax | -$12M | -$16M | -$310M | $2M |
| Net IncomeAfter-tax profit | -$20M | -$13M | -$208M | -$8M |
| Free Cash FlowCash after capex | -$14M | $5M | $97M | $65M |
| Gross MarginGross profit ÷ Revenue | +58.3% | +48.5% | +64.8% | +48.2% |
| Operating MarginEBIT ÷ Revenue | -21.1% | -8.6% | -13.4% | -3.3% |
| Net MarginNet income ÷ Revenue | -30.0% | -3.8% | -9.0% | -2.0% |
| FCF MarginFCF ÷ Revenue | -21.4% | +1.3% | +4.2% | +15.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +21.8% | -4.9% | +39.8% | +39.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -5.0% | +45.6% | +185.4% | +126.3% |
Valuation Metrics
CSTL leads this category, winning 2 of 4 comparable metrics.
Valuation Metrics
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $67M | $583M | $31.2B | $1.1B |
| Enterprise ValueMkt cap + debt − cash | $41M | $503M | $30.3B | $1.1B |
| Trailing P/EPrice ÷ TTM EPS | -3.16x | -23.18x | -144.62x | -53.60x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | 22.85x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | — | — |
| Price / SalesMarket cap ÷ Revenue | 1.01x | 1.69x | 13.51x | 2.92x |
| Price / BookPrice ÷ Book value/share | 3.63x | 1.18x | 17.55x | 3.77x |
| Price / FCFMarket cap ÷ FCF | — | 20.58x | 285.53x | 30.66x |
Profitability & Efficiency
CDNA leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
CDNA delivers a -2.6% return on equity — every $100 of shareholder capital generates $-3 in annual profit, vs $-127 for XGN. CDNA carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to XGN's 0.31x. On the Piotroski fundamental quality scale (0–9), NTRA scores 5/9 vs CSTL's 3/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -126.6% | -2.8% | -15.3% | -2.6% |
| ROA (TTM)Return on assets | -36.3% | -2.3% | -10.6% | -1.9% |
| ROICReturn on invested capital | -18.5% | -8.5% | -36.1% | -5.7% |
| ROCEReturn on capital employed | -37.5% | -8.6% | -18.3% | -5.8% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 3 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.31x | 0.08x | 0.13x | 0.06x |
| Net DebtTotal debt minus cash | -$27M | -$80M | -$862M | -$46M |
| Cash & Equiv.Liquid assets | $32M | $117M | $1.1B | $65M |
| Total DebtShort + long-term debt | $5M | $37M | $214M | $20M |
| Interest CoverageEBIT ÷ Interest expense | -3.26x | -270.94x | -25.21x | — |
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 $21,587 today (with dividends reinvested), compared to $1,918 for XGN. Over the past 12 months, CDNA leads with a +45.2% total return vs XGN's -57.0%. The 3-year compound annual growth rate (CAGR) favors NTRA at 60.6% vs CSTL's -5.3% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | -51.3% | -50.1% | -3.9% | +12.0% |
| 1-Year ReturnPast 12 months | -57.0% | +12.8% | +37.3% | +45.2% |
| 3-Year ReturnCumulative with dividends | +5.0% | -15.0% | +314.0% | +161.1% |
| 5-Year ReturnCumulative with dividends | -80.8% | -68.1% | +115.9% | -72.4% |
| 10-Year ReturnCumulative with dividends | -84.2% | -10.1% | +2089.4% | +385.1% |
| CAGR (3Y)Annualised 3-year return | +1.6% | -5.3% | +60.6% | +37.7% |
Risk & Volatility
Evenly matched — CSTL and CDNA each lead in 1 of 2 comparable metrics.
Risk & Volatility
CSTL is the less volatile stock with a 0.88 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. CDNA currently trades 92.3% from its 52-week high vs XGN's 24.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.37x | 0.88x | 1.26x | 1.39x |
| 52-Week HighHighest price in past year | $12.23 | $44.28 | $256.36 | $23.24 |
| 52-Week LowLowest price in past year | $2.61 | $14.59 | $131.81 | $10.96 |
| % of 52W HighCurrent price vs 52-week peak | +24.0% | +43.5% | +85.7% | +92.3% |
| RSI (14)Momentum oscillator 0–100 | 55.9 | 48.1 | 57.1 | 56.4 |
| Avg Volume (50D)Average daily shares traded | 251K | 363K | 1.3M | 667K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: CSTL as "Buy", NTRA as "Buy", CDNA as "Buy". Consensus price targets imply 148.4% upside for CSTL (target: $48) vs 11.9% for CDNA (target: $24).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | — | $47.80 | $262.50 | $24.00 |
| # AnalystsCovering analysts | — | 11 | 27 | 13 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — |
| Dividend StreakConsecutive years of raises | 1 | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | +7.9% |
CSTL leads in 1 of 6 categories (Valuation Metrics). CDNA leads in 1 (Profitability & Efficiency). 2 tied.
XGN vs CSTL vs NTRA vs CDNA: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is XGN or CSTL or NTRA or CDNA a better buy right now?
For growth investors, Natera, Inc.
(NTRA) is the stronger pick with 35. 9% revenue growth year-over-year, versus 3. 7% for Castle Biosciences, Inc. (CSTL). Analysts rate Castle Biosciences, Inc. (CSTL) a "Buy" — based on 11 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 — XGN or CSTL or NTRA or CDNA?
Over the past 5 years, Natera, Inc.
(NTRA) delivered a total return of +115. 9%, compared to -80. 8% for Exagen Inc. (XGN). Over 10 years, the gap is even starker: NTRA returned +20. 9% versus XGN's -84. 2%. 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 — XGN or CSTL or NTRA or CDNA?
By beta (market sensitivity over 5 years), Castle Biosciences, Inc.
(CSTL) is the lower-risk stock at 0. 88β versus CareDx, Inc's 1. 39β — meaning CDNA is approximately 58% more volatile than CSTL relative to the S&P 500. On balance sheet safety, CareDx, Inc (CDNA) carries a lower debt/equity ratio of 6% versus 31% for Exagen Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — XGN or CSTL or NTRA or CDNA?
By revenue growth (latest reported year), Natera, Inc.
(NTRA) is pulling ahead at 35. 9% versus 3. 7% for Castle Biosciences, Inc. (CSTL). On earnings-per-share growth, the picture is similar: Natera, Inc. grew EPS 0. 7% year-over-year, compared to -233. 9% for Castle Biosciences, 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 — XGN or CSTL or NTRA or CDNA?
CareDx, Inc (CDNA) is the more profitable company, earning -5.
6% net margin versus -30. 0% for Exagen Inc. — 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 -21. 1% for XGN. At the gross margin level — before operating expenses — CSTL leads at 68. 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 XGN or CSTL or NTRA or CDNA more undervalued right now?
Analyst consensus price targets imply the most upside for CSTL: 148.
4% to $47. 80.
07Which pays a better dividend — XGN or CSTL or NTRA 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.
08Is XGN or CSTL or NTRA or CDNA better for a retirement portfolio?
For long-horizon retirement investors, Castle Biosciences, Inc.
(CSTL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 88)). Both have compounded well over 10 years (CSTL: -10. 1%, XGN: -84. 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.
09What are the main differences between XGN and CSTL and NTRA 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: XGN is a small-cap high-growth stock; CSTL is a small-cap quality compounder stock; NTRA is a mid-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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