COMP <GO>
NTRA vs ILMN // EV/EBITDA & P/E VALUATION
Natera Inc. (NASDAQ) VS. Illumina Inc. (NASDAQ) • 15-METRIC TALLY: NTRA 5
— ILMN 6
■ METRIC PARITY
LAST: $414.30 (-4.98%) • MKT CAP: $62.85B
valuation
—
LAST: $235.99 (-18.64%) • MKT CAP: $43.80B
valuation
47.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NTRA VS. ILMN)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NTRA | ILMN | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 66.10% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -4.90% | 18.20% | -23.10 | ILMN | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 47.5x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.17% | 2.13% | -1.96 | ILMN | /fcf-yield <GO> |
| Operating Margin | -13.40% | 18.60% | -32.00 | ILMN | /operating-margins <GO> |
| Net Profit Margin | -9.00% | 19.60% | -28.60 | ILMN | /net-margins <GO> |
| Revenue Growth (YoY) | 35.90% | -0.70% | +36.60 | NTRA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 26.00 | 9.52 | +16.48 | NTRA | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | ILMN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 64.0 | 57.1 | +6.90 | NTRA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.09 | 1.16 | -0.07 | ILMN | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.0x | 47.9x | -29.90 | NTRA | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $62.85B | $43.80B | $19.05B | NTRA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NTRA REV | ILMN REV | NTRA GROSS % | ILMN GROSS % | NTRA FCF | ILMN FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.31B | $4.34B | — | 66.1% | $109.1M | $931.0M |
| FY 2024 | $1.70B | $4.37B | — | 65.4% | $69.2M | $709.0M |
| FY 2023 | $1.08B | $4.50B | — | — | -$295.7M | $275.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NTRA // BETA 1.09
ILMN // BETA 1.16