WallStSmart

Danaher Corporation (DHR)vsICON PLC (ICLR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Danaher Corporation generates 200% more annual revenue ($24.78B vs $8.25B). DHR leads profitability with a 14.9% profit margin vs 2.8%. ICLR appears more attractively valued with a PEG of 0.48. DHR earns a higher WallStSmart Score of 58/100 (C).

DHR

Buy

58

out of 100

Grade: C

Growth: 4.0Profit: 6.0Value: 4.0Quality: 7.0
Piotroski: 4/9Altman Z: 2.36

ICLR

Buy

57

out of 100

Grade: C

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

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DHRSignificantly Overvalued (-60.8%)

Margin of Safety

-60.8%

Fair Value

$114.63

Current Price

$184.30

$69.67 premium

UndervaluedFair: $114.63Overvalued
ICLRUndervalued (+61.9%)

Margin of Safety

+61.9%

Fair Value

$349.56

Current Price

$149.45

$200.11 discount

UndervaluedFair: $349.56Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DHR4 strengths · Avg: 8.3/10
Market CapQuality
$117.48B9/10

Large-cap with strong market position

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.9%8/10

Strong operational efficiency at 22.9%

Free Cash FlowQuality
$1.08B8/10

Generating 1.1B in free cash flow

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

Areas to Watch

DHR3 concerns · Avg: 3.7/10
P/E RatioValuation
32.2x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
3.7%4/10

3.7% revenue growth

Return on EquityProfitability
7.0%3/10

ROE of 7.0% — below average capital efficiency

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

Comparative Analysis Report

WallStSmart Research

Bull Case : DHR

The strongest argument for DHR centers on Market Cap, Price/Book, Operating Margin. PEG of 1.09 suggests the stock is reasonably priced for its growth.

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.

Bear Case : DHR

The primary concerns for DHR are P/E Ratio, Revenue Growth, Return on Equity.

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.

Key Dynamics to Monitor

ICLR carries more volatility with a beta of 1.27 — expect wider price swings.

ICLR is growing revenue faster at 12.4% — sustainability is the question.

DHR generates stronger free cash flow (1.1B), providing more financial flexibility.

Monitor DIAGNOSTICS & RESEARCH industry trends, competitive dynamics, and regulatory changes.

Bottom Line

DHR scores higher overall (58/100 vs 57/100). ICLR offers better value entry with a 61.9% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Danaher Corporation

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

Danaher Corporation is an American globally diversified conglomerate with its headquarters in Washington, D.C.. The company designs, manufactures, and markets professional, medical, industrial, and commercial products and services. The company's 3 platforms are Life Sciences, Diagnostics, and Environmental & Applied Solutions.

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.

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