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CareDx Inc
NASDAQ:CDNA

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CareDx Inc
NASDAQ:CDNA
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Price: 21.5 USD 3.32% Market Closed
Market Cap: $1.1B

P/FCFE

30.9
Current
46%
More Expensive
vs 3-y average of 21.2

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
30.9
=
Market Cap
$1.1B
/
Free Cash Flow to Equity
$35.4m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
30.9
=
Market Cap
$1.1B
/
Free Cash Flow to Equity
$35.4m

Valuation Scenarios

CareDx Inc is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (21.2), the stock would be worth $14.74 (31% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-48%
Maximum Upside
No Upside Scenarios
Average Downside
36%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 30.9 $21.5
0%
3-Year Average 21.2 $14.74
-31%
Industry Average 16 $11.17
-48%
Country Average 21.9 $15.22
-29%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
US
CareDx Inc
NASDAQ:CDNA
1.1B USD 30.9 -51.3
FR
Pharnext SCA
OTC:PNEXF
6T USD -2 855 158.7 -160 127.7
US
Abbvie Inc
NYSE:ABBV
373.6B USD 23.4 87.3
US
Amgen Inc
NASDAQ:AMGN
186.6B USD 21.9 23
US
Gilead Sciences Inc
NASDAQ:GILD
162.4B USD 24.2 19.2
US
Epizyme Inc
F:EPE
94.1B EUR -480.6 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
108.6B USD 33.9 27.2
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
74.7B USD 19.9 16.5
NL
argenx SE
XBRU:ARGX
41.3B EUR 159.6 37.4
US
Seagen Inc
F:SGT
39.3B EUR -66.1 -61.8
AU
CSL Ltd
ASX:CSL
60B AUD 35.6 29.6
P/E Multiple
Earnings Growth PEG
US
CareDx Inc
NASDAQ:CDNA
Average P/E: 34.3
Negative Multiple: -51.3
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
87.3
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19.2
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.2
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.5
14%
1.2
NL
argenx SE
XBRU:ARGX
37.4
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
29.6
9%
3.3

Market Distribution

In line with most companies in the United States of America
Percentile
65th
Based on 7 576 companies
65th percentile
30.9
Low
0 — 13.1
Typical Range
13.1 — 36.5
High
36.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.1
Median 21.9
70th Percentile 36.5
Max 3 188 432.5

CareDx Inc
Glance View

CareDx Inc. is a vibrant player in the biotech landscape, navigating the intricate world of transplant medicine with a unique focus on precision diagnostics. Founded in 1998 and headquartered in South San Francisco, CareDx is deeply entrenched in the development of solutions that enhance the longevity and quality of life for organ transplant recipients. Their flagship offerings, such as AlloMap and AlloSure, are non-invasive, blood-based tests that provide critical insights into the functioning and health of transplanted organs. These tests are pivotal in assessing transplant recipients for possible organ rejection, thus presenting rapid, reliable data that may preempt irreversible damage. CareDx captures value by providing these sophisticated diagnostic tests and services to transplant centers that require cutting-edge technology to improve patient outcomes. Revenue generation for CareDx is anchored in its comprehensive commercial approach, developing partnerships with healthcare providers and transplant centers globally. By leveraging an innovative mixture of proprietary testing technology and patient-centric solutions, the company taps into the ongoing demand for improved post-transplant care. Their business model primarily revolves around offering subscription-based services that incorporate longitudinal patient monitoring and data analytics—providing healthcare professionals with a steady flow of actionable insights. CareDx further extends its revenue streams through patient management solutions and digital health offerings, enhancing its footprint in the growing transplant diagnostics market. Beyond diagnostics, CareDx's strategic aspirations see it expanding its portfolio into more integrated healthcare solutions, resonating with healthcare practitioners seeking more personalized and predictive transplant care.

CDNA Intrinsic Value
17.5 USD
Overvaluation 19%
Intrinsic Value
Price $21.5
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