WallStSmart

Medpace Holdings Inc (MEDP)vsNatera Inc (NTRA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Medpace Holdings Inc generates 3% more annual revenue ($2.78B vs $2.71B). MEDP leads profitability with a 17.7% profit margin vs -7.1%. MEDP earns a higher WallStSmart Score of 68/100 (B-).

MEDP

Strong Buy

68

out of 100

Grade: B-

Growth: 9.3Profit: 9.0Value: 2.7Quality: 6.0
Piotroski: 4/9Altman Z: 1.83

NTRA

Avoid

31

out of 100

Grade: F

Growth: 8.0Profit: 2.0Value: 5.0Quality: 6.0
Piotroski: 3/9Altman Z: 0.82
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MEDPSignificantly Overvalued (-39.2%)

Margin of Safety

-39.2%

Fair Value

$304.57

Current Price

$587.52

$282.95 premium

UndervaluedFair: $304.57Overvalued

Intrinsic value data unavailable for NTRA.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MEDP5 strengths · Avg: 8.6/10
Return on EquityProfitability
113.3%10/10

Every $100 of equity generates 113 in profit

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

Operating MarginProfitability
20.8%8/10

Strong operational efficiency at 20.8%

Revenue GrowthGrowth
17.2%8/10

17.2% revenue growth

EPS GrowthGrowth
37.1%8/10

Earnings expanding 37.1% YoY

NTRA2 strengths · Avg: 9.5/10
Revenue GrowthGrowth
37.7%10/10

Revenue surging 37.7% year-over-year

Debt/EquityHealth
0.139/10

Conservative balance sheet, low leverage

Areas to Watch

MEDP4 concerns · Avg: 3.0/10
P/E RatioValuation
34.7x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.834/10

Grey zone — moderate risk

PEG RatioValuation
2.812/10

Expensive relative to growth rate

Price/BookValuation
37.8x2/10

Trading at 37.8x book value

NTRA4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Price/BookValuation
25.9x2/10

Trading at 25.9x book value

Return on EquityProfitability
-10.6%2/10

ROE of -10.6% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : MEDP

The strongest argument for MEDP centers on Return on Equity, Debt/Equity, Operating Margin. Profitability is solid with margins at 17.7% and operating margin at 20.8%. Revenue growth of 17.2% demonstrates continued momentum.

Bull Case : NTRA

The strongest argument for NTRA centers on Revenue Growth, Debt/Equity. Revenue growth of 37.7% demonstrates continued momentum.

Bear Case : MEDP

The primary concerns for MEDP are P/E Ratio, Altman Z-Score, PEG Ratio.

Bear Case : NTRA

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

Key Dynamics to Monitor

MEDP profiles as a growth stock while NTRA is a hypergrowth play — different risk/reward profiles.

NTRA carries more volatility with a beta of 1.53 — expect wider price swings.

NTRA is growing revenue faster at 37.7% — sustainability is the question.

MEDP generates stronger free cash flow (138M), providing more financial flexibility.

Bottom Line

MEDP scores higher overall (68/100 vs 31/100), backed by strong 17.7% margins and 17.2% revenue growth. Both earn "Strong 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.

Medpace Holdings Inc

HEALTHCARE · DIAGNOSTICS & RESEARCH · USA

Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, Europe, and Asia. The company is headquartered in Cincinnati, Ohio.

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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