WallStSmart

Illumina Inc (ILMN)vsIQVIA Holdings Inc (IQV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

IQVIA Holdings Inc generates 278% more annual revenue ($16.98B vs $4.49B). ILMN leads profitability with a 18.3% profit margin vs 8.1%. IQV appears more attractively valued with a PEG of 0.97. ILMN earns a higher WallStSmart Score of 56/100 (C).

ILMN

Buy

56

out of 100

Grade: C

Growth: 3.3Profit: 8.5Value: 5.3Quality: 6.5
Piotroski: 6/9Altman Z: 1.88

IQV

Buy

55

out of 100

Grade: C

Growth: 4.0Profit: 6.5Value: 6.0Quality: 3.0
Piotroski: 2/9Altman Z: 1.23
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ILMNUndervalued (+58.4%)

Margin of Safety

+58.4%

Fair Value

$279.71

Current Price

$206.45

$73.26 discount

UndervaluedFair: $279.71Overvalued
IQVUndervalued (+11.9%)

Margin of Safety

+11.9%

Fair Value

$201.21

Current Price

$261.77

$60.56 discount

UndervaluedFair: $201.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ILMN2 strengths · Avg: 8.5/10
Return on EquityProfitability
29.1%9/10

Every $100 of equity generates 29 in profit

Operating MarginProfitability
21.1%8/10

Strong operational efficiency at 21.1%

IQV2 strengths · Avg: 8.5/10
Return on EquityProfitability
22.3%9/10

Every $100 of equity generates 22 in profit

PEG RatioValuation
0.978/10

Growing faster than its price suggests

Areas to Watch

ILMN4 concerns · Avg: 3.5/10
P/E RatioValuation
39.3x4/10

Premium valuation, high expectations priced in

Price/BookValuation
11.0x4/10

Trading at 11.0x book value

Altman Z-ScoreHealth
1.884/10

Grey zone — moderate risk

PEG RatioValuation
2.692/10

Expensive relative to growth rate

IQV4 concerns · Avg: 2.8/10
P/E RatioValuation
31.9x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-0.6%2/10

Earnings declined 0.6%

Altman Z-ScoreHealth
1.232/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : ILMN

The strongest argument for ILMN centers on Return on Equity, Operating Margin. Profitability is solid with margins at 18.3% and operating margin at 21.1%.

Bull Case : IQV

The strongest argument for IQV centers on Return on Equity, PEG Ratio. PEG of 0.97 suggests the stock is reasonably priced for its growth.

Bear Case : ILMN

The primary concerns for ILMN are P/E Ratio, Price/Book, Altman Z-Score.

Bear Case : IQV

The primary concerns for IQV are P/E Ratio, Piotroski F-Score, EPS Growth. Debt-to-equity of 2.63 is elevated, increasing financial risk.

Key Dynamics to Monitor

ILMN profiles as a mature stock while IQV is a value play — different risk/reward profiles.

ILMN carries more volatility with a beta of 1.47 — expect wider price swings.

ILMN is growing revenue faster at 9.4% — sustainability is the question.

IQV generates stronger free cash flow (360M), providing more financial flexibility.

Bottom Line

ILMN scores higher overall (56/100 vs 55/100), backed by strong 18.3% margins. 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.

Illumina Inc

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

Illumina, Inc. is an American company. Incorporated on April 1, 1998, Illumina develops, manufactures, and markets integrated systems for the analysis of genetic variation and biological function. The company provides a line of products and services that serves the sequencing, genotyping and gene expression, and proteomics markets. Its headquarters are located in San Diego, California.

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IQVIA Holdings Inc

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

IQVIA, formerly Quintiles and IMS Health, Inc., is an American multinational company serving the combined industries of health information technology and clinical research. It is a provider of biopharmaceutical development and commercial outsourcing services, focused primarily on Phase I-IV clinical trials and associated laboratory and analytical services, including consulting services.

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