Amylyx Pharmaceuticals, Inc. (AMLX) vs AMNEAL PHARMACEUTICALS, INC. (AMRX)

Amylyx Pharmaceuticals, Inc. and AMNEAL PHARMACEUTICALS, INC. are both Drug Manufacturers Specialty & Generic companies. AMNEAL PHARMACEUTICALS, INC. is the larger, with a market value of $6.3B against $3.8B — 1.7× the size. Amylyx Pharmaceuticals, Inc. has negative trailing earnings, so its P/E is not meaningful; AMNEAL PHARMACEUTICALS, INC. trades at 39.5×. AMNEAL PHARMACEUTICALS, INC. grew revenue faster over the last twelve months: 9.28% against −77.1%. AMNEAL PHARMACEUTICALS, INC. has the higher net margin (5.05% vs 0.00%) and the higher return on invested capital (11.1% vs 0.00%). Across the 18 metrics below, AMNEAL PHARMACEUTICALS, INC. leads on 11 and Amylyx Pharmaceuticals, Inc. on 7.

Valuation

Metric AMLX AMRX Drug Manufacturers Specialty & Generic median
P/E n/m 39.54 20.14
P/S 37.53 2.02 2.25
P/B 13.71 191.09 1.90
Price to free cash flow n/m n/m 16.54
EV/EBITDA n/m 13.30 12.29
EV/Sales 34.68 2.84 2.56
Earnings yield (4.85%) 2.53% (2.99%)
Free cash flow yield (3.99%) (0.18%) 0.00%

Profitability

Metric AMLX AMRX Drug Manufacturers Specialty & Generic median
Gross margin (42.65%) 39.32% 53.94%
Operating margin 0.00% 14.56% 0.00%
Net margin 0.00% 5.05% 0.00%
Free cash flow margin 0.00% (0.37%) 0.00%
Return on equity (74.73%) (395.84%) (0.40%)
Return on assets (66.25%) 4.37% (3.32%)
Return on invested capital 0.00% 11.05% 0.00%

Growth

Metric AMLX AMRX Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) (77.06%) 9.28% 10.01%
EPS growth (last fiscal year) 65.46% 157.89% —
Revenue growth, 5-year CAGR — 8.66% 6.74%
Net income growth, 5-year CAGR 0.00% (4.57%) 0.00%

Health

Metric AMLX AMRX Drug Manufacturers Specialty & Generic median
Debt to equity 0.00 80.86 0.05
Current ratio 12.12 2.20 2.31
Net debt to EBITDA 2.00 3.62 0.85

Dividend

Metric AMLX AMRX Drug Manufacturers Specialty & Generic median
Dividend yield — 0.27% 1.70%
Payout ratio 0.00 0.00 0.00

Size

Metric AMLX AMRX Drug Manufacturers Specialty & Generic median
Market cap 3.78b 6.32b 337.35m

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