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CareDx Inc
NASDAQ:CDNA

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CareDx Inc
NASDAQ:CDNA
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Price: 21.91 USD 0.27%
Market Cap: $1.1B

P/S

2.9
Current
22%
More Expensive
vs 3-y average of 2.4

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.9
=
Market Cap
$1.1B
/
Revenue
$379.8m

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.9
=
Market Cap
$1.1B
/
Revenue
$379.8m

Valuation Scenarios

CareDx Inc is trading above its 3-year average

If P/S returns to its 3-Year Average (2.4), the stock would be worth $18 (18% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-18%
Maximum Upside
+129%
Average Upside
22%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.9 $21.91
0%
3-Year Average 2.4 $18
-18%
5-Year Average 2.8 $20.63
-6%
Industry Average 6.7 $50.23
+129%
Country Average 2.4 $18.17
-17%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$1.1B
/
Jan 2026
$379.8m
=
2.9
Current
$1.1B
/
Dec 2026
$440.6m
=
2.4
Forward
$1.1B
/
Dec 2027
$490.4m
=
2.1
Forward
$1.1B
/
Dec 2028
$539m
=
1.9
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
US
CareDx Inc
NASDAQ:CDNA
1.1B USD 2.9 -52.2
FR
Pharnext SCA
OTC:PNEXF
6T USD 33 690 872.8 -160 127.7
US
Abbvie Inc
NYSE:ABBV
349.5B USD 5.7 83.9
US
Amgen Inc
NASDAQ:AMGN
183B USD 4.9 23.3
US
Gilead Sciences Inc
NASDAQ:GILD
160.4B USD 5.4 18.7
US
Epizyme Inc
F:EPE
94.1B EUR 2 091 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
109.3B USD 8.9 27
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
77.3B USD 5.1 16.1
NL
argenx SE
XBRU:ARGX
41.2B EUR 11.3 36.2
US
Seagen Inc
F:SGT
39.3B EUR 20.1 -61.8
AU
CSL Ltd
ASX:CSL
62.1B AUD 2.7 29.8
P/S Multiple
Revenue Growth P/S to Growth
US
CareDx Inc
NASDAQ:CDNA
Average P/S: 3 063 002.8
2.9
12%
0.2
FR
Pharnext SCA
OTC:PNEXF
33 690 872.8
N/A N/A
US
Abbvie Inc
NYSE:ABBV
5.7
9%
0.6
US
Amgen Inc
NASDAQ:AMGN
4.9
3%
1.6
US
Gilead Sciences Inc
NASDAQ:GILD
5.4
5%
1.1
US
E
Epizyme Inc
F:EPE
2 091
N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
8.9
11%
0.8
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
5.1
10%
0.5
NL
argenx SE
XBRU:ARGX
11.3
28%
0.4
US
S
Seagen Inc
F:SGT
20.1
30%
0.7
AU
CSL Ltd
ASX:CSL
2.7
4%
0.7
P/E Multiple
Earnings Growth PEG
US
CareDx Inc
NASDAQ:CDNA
Average P/E: 33.6
Negative Multiple: -52.2
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.9
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.3
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.7
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.1
14%
1.2
NL
argenx SE
XBRU:ARGX
36.2
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
29.8
9%
3.3

Market Distribution

In line with most companies in the United States of America
Percentile
56th
Based on 11 520 companies
56th percentile
2.9
Low
0 — 1.2
Typical Range
1.2 — 4.1
High
4.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.2
Median 2.4
70th Percentile 4.1
Max 4 613 274.2

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 20%
Intrinsic Value
Price $21.91
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