Alkermes plc (ALKS) vs Kiniksa Pharmaceuticals International, plc (KNSA)

Alkermes plc and Kiniksa Pharmaceuticals International, plc are both Drug Manufacturers Specialty & Generic companies. Alkermes plc and Kiniksa Pharmaceuticals International, plc are of similar size ($6.7B and $6.2B). Kiniksa Pharmaceuticals International, plc trades at the lower P/E: 73.4× against 102×. Kiniksa Pharmaceuticals International, plc grew revenue faster over the last twelve months: 58.9% against 10.8%. Kiniksa Pharmaceuticals International, plc has the higher net margin (9.59% vs 3.97%) and the higher return on invested capital (48.9% vs 2.76%). Across the 20 metrics below, Kiniksa Pharmaceuticals International, plc leads on 14 and Alkermes plc on 6.

Valuation

Metric ALKS KNSA Drug Manufacturers Specialty & Generic median
P/E 102.28 73.45 19.25
P/S 4.13 7.25 2.11
P/B 3.81 9.32 1.78
Price to free cash flow 30.91 33.33 16.14
EV/EBITDA 34.73 54.60 12.58
EV/Sales 4.64 6.63 2.73
Earnings yield 0.98% 1.36% (4.38%)
Free cash flow yield 3.23% 3.00% 0.00%

Profitability

Metric ALKS KNSA Drug Manufacturers Specialty & Generic median
Gross margin 84.56% 89.82% 53.94%
Operating margin 7.03% 11.92% 0.00%
Net margin 3.97% 9.59% 0.00%
Free cash flow margin 13.35% 21.74% 0.00%
Return on equity 3.85% 14.04% (0.40%)
Return on assets 1.99% 10.36% (3.32%)
Return on invested capital 2.76% 48.87% 0.00%

Growth

Metric ALKS KNSA Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 10.79% 58.85% 10.01%
EPS growth (last fiscal year) (34.10%) 225.00% 49.06%
Revenue growth, 5-year CAGR 7.28% — 6.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ALKS KNSA Drug Manufacturers Specialty & Generic median
Debt to equity 0.83 0.00 0.05
Current ratio 2.30 3.90 2.31
Net debt to EBITDA (4.69) (5.26) 0.97

Dividend

Metric ALKS KNSA Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.57%
Payout ratio — — 0.27

Size

Metric ALKS KNSA Drug Manufacturers Specialty & Generic median
Market cap 6.73b 6.24b 276.90m

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