Amphastar Pharmaceuticals, Inc. (AMPH) vs Pacira BioSciences, Inc. (PCRX)

Amphastar Pharmaceuticals, Inc. and Pacira BioSciences, Inc. are both Drug Manufacturers Specialty & Generic companies. Amphastar Pharmaceuticals, Inc. and Pacira BioSciences, Inc. are of similar size ($1.1B and $1.0B). Amphastar Pharmaceuticals, Inc. trades at the lower P/E: 15.0× against 71.8×. Pacira BioSciences, Inc. grew revenue faster over the last twelve months: 5.71% against 1.02%. Amphastar Pharmaceuticals, Inc. has the higher net margin (10.8% vs 1.96%) and the higher return on invested capital (6.57% vs 1.58%). Across the 22 metrics below, Pacira BioSciences, Inc. leads on 12 and Amphastar Pharmaceuticals, Inc. on 10.

Valuation

Metric AMPH PCRX Drug Manufacturers Specialty & Generic median
P/E 15.01 71.77 20.14
P/S 1.56 1.33 2.25
P/B 1.48 1.48 1.90
Price to free cash flow 7.58 5.52 16.54
EV/EBITDA 8.35 12.68 12.29
EV/Sales 2.00 1.75 2.56
Earnings yield 6.66% 1.39% (2.99%)
Free cash flow yield 13.20% 18.11% 0.00%

Profitability

Metric AMPH PCRX Drug Manufacturers Specialty & Generic median
Gross margin 47.68% 79.21% 53.94%
Operating margin 15.66% 2.66% 0.00%
Net margin 10.76% 1.96% 0.00%
Free cash flow margin 20.94% 24.06% 0.00%
Return on equity 10.30% 2.05% (0.40%)
Return on assets 4.68% 1.05% (3.32%)
Return on invested capital 6.57% 1.58% 0.00%

Growth

Metric AMPH PCRX Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 1.02% 5.71% 10.01%
EPS growth (last fiscal year) (33.66%) 107.44% —
Revenue growth, 5-year CAGR 15.53% 11.07% 6.74%
Net income growth, 5-year CAGR 133.84% (45.44%) 0.00%

Health

Metric AMPH PCRX Drug Manufacturers Specialty & Generic median
Debt to equity 0.80 0.54 0.05
Current ratio 2.40 5.04 2.31
Net debt to EBITDA 1.62 1.24 0.85

Dividend

Metric AMPH PCRX Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.70%
Payout ratio 0.00 0.00 0.00

Size

Metric AMPH PCRX Drug Manufacturers Specialty & Generic median
Market cap 1.12b 1.02b 337.35m

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