Alpha Cognition Inc. (ACOG) vs PepGen, Inc. (PEPG)

Alpha Cognition Inc. and PepGen, Inc. are both Biotechnology companies. Alpha Cognition Inc. and PepGen, Inc. are of similar size ($186.6M and $185.6M). PepGen, Inc. has the higher net margin (0.00% vs −137.7%) and the lower return on invested capital (−2,076.3% vs −144.7%). Across the 13 metrics below, Alpha Cognition Inc. leads on 7 and PepGen, Inc. on 6.

Valuation

Metric ACOG PEPG Biotechnology median
P/E n/m n/m 7.88
P/S 12.08 n/m 11.47
P/B 3.48 1.50 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales 9.44 n/m 10.73
Earnings yield (12.75%) (50.58%) (28.84%)
Free cash flow yield (20.11%) (38.78%) (23.03%)

Profitability

Metric ACOG PEPG Biotechnology median
Gross margin 90.37% 0.00% 65.16%
Operating margin (174.70%) 0.00% 0.00%
Net margin (137.69%) 0.00% 0.00%
Free cash flow margin (242.99%) 0.00% 0.00%
Return on equity (49.53%) (75.45%) (57.72%)
Return on assets (38.33%) (59.06%) (49.22%)
Return on invested capital (144.65%) (2,076.25%) 0.00%

Growth

Metric ACOG PEPG Biotechnology median
Revenue growth (TTM) — — 5.64%
EPS growth (last fiscal year) 42.08% 25.61% —
Revenue growth, 5-year CAGR — — 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ACOG PEPG Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 9.03 13.36 4.73
Net debt to EBITDA 2.92 1.64 0.96

Dividend

Metric ACOG PEPG Biotechnology median
Dividend yield — — 2.10%
Payout ratio — — 0.00

Size

Metric ACOG PEPG Biotechnology median
Market cap 186.64m 185.62m 162.10m

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