WallStSmart

ICON PLC (ICLR)vsNatera Inc (NTRA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

ICON PLC generates 230% more annual revenue ($8.25B vs $2.50B). ICLR leads profitability with a 2.8% profit margin vs -9.1%. ICLR earns a higher WallStSmart Score of 57/100 (C).

ICLR

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 5.0Value: 7.3Quality: 6.0
Piotroski: 4/9Altman Z: 1.58

NTRA

Avoid

31

out of 100

Grade: F

Growth: 8.0Profit: 2.0Value: 5.0Quality: 6.8
Piotroski: 3/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ICLRUndervalued (+61.9%)

Margin of Safety

+61.9%

Fair Value

$349.56

Current Price

$149.45

$200.11 discount

UndervaluedFair: $349.56Overvalued

Intrinsic value data unavailable for NTRA.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ICLR2 strengths · Avg: 10.0/10
PEG RatioValuation
0.4810/10

Growing faster than its price suggests

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

NTRA2 strengths · Avg: 9.5/10
Revenue GrowthGrowth
38.8%10/10

Revenue surging 38.8% year-over-year

Debt/EquityHealth
0.149/10

Conservative balance sheet, low leverage

Areas to Watch

ICLR4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.584/10

Distress zone — elevated risk

Return on EquityProfitability
6.4%3/10

ROE of 6.4% — below average capital efficiency

Profit MarginProfitability
2.8%3/10

2.8% margin — thin

P/E RatioValuation
50.6x2/10

Premium valuation, high expectations priced in

NTRA4 concerns · Avg: 3.3/10
Price/BookValuation
17.3x4/10

Trading at 17.3x book value

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-12.8%2/10

ROE of -12.8% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : ICLR

The strongest argument for ICLR centers on PEG Ratio, Price/Book. Revenue growth of 12.4% demonstrates continued momentum. PEG of 0.48 suggests the stock is reasonably priced for its growth.

Bull Case : NTRA

The strongest argument for NTRA centers on Revenue Growth, Debt/Equity. Revenue growth of 38.8% demonstrates continued momentum.

Bear Case : ICLR

The primary concerns for ICLR are Altman Z-Score, Return on Equity, Profit Margin. A P/E of 50.6x leaves little room for execution misses. Thin 2.8% margins leave little buffer for downturns.

Bear Case : NTRA

The primary concerns for NTRA are Price/Book, EPS Growth, Piotroski F-Score.

Key Dynamics to Monitor

ICLR profiles as a value stock while NTRA is a hypergrowth play — different risk/reward profiles.

NTRA carries more volatility with a beta of 1.54 — expect wider price swings.

NTRA is growing revenue faster at 38.8% — sustainability is the question.

ICLR generates stronger free cash flow (623M), providing more financial flexibility.

Bottom Line

ICLR scores higher overall (57/100 vs 31/100) and 12.4% revenue growth. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

ICON PLC

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

ICON Public Limited Company, a clinical research organization, provides outsourced marketing and development services in Ireland, the rest of Europe, the United States and internationally. The company is headquartered in Dublin, Ireland.

Natera Inc

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

Natera, Inc., a diagnostic company, develops and markets molecular testing services globally. The company is headquartered in San Carlos, California.

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