Aquestive Therapeutics, Inc. (AQST) vs Tilray Brands, Inc. (TLRY)

Aquestive Therapeutics, Inc. and Tilray Brands, Inc. are both Drug Manufacturers Specialty & Generic companies. Aquestive Therapeutics, Inc. and Tilray Brands, Inc. are of similar size ($509.6M and $474.4M). Aquestive Therapeutics, Inc. grew revenue faster over the last twelve months: 22.6% against 15.9%. Tilray Brands, Inc. has the higher net margin (−17.1% vs −144.6%) and the lower return on invested capital (−3.21% vs 0.00%). Across the 17 metrics below, Aquestive Therapeutics, Inc. leads on 9 and Tilray Brands, Inc. on 8.

Valuation

Metric AQST TLRY Drug Manufacturers Specialty & Generic median
P/E n/m n/m 19.25
P/S 8.74 0.42 2.11
P/B n/m 0.25 1.78
Price to free cash flow n/m n/m 16.14
EV/EBITDA n/m n/m 12.58
EV/Sales 7.85 0.56 2.73
Earnings yield (17.20%) (45.40%) (4.38%)
Free cash flow yield (9.73%) (43.04%) 0.00%

Profitability

Metric AQST TLRY Drug Manufacturers Specialty & Generic median
Gross margin 67.04% 29.12% 53.94%
Operating margin (97.52%) (9.26%) 0.00%
Net margin (144.63%) (17.05%) 0.00%
Free cash flow margin (84.95%) (18.11%) 0.00%
Return on equity 121.12% (10.50%) (0.40%)
Return on assets (69.29%) (7.45%) (3.32%)
Return on invested capital 0.00% (3.21%) 0.00%

Growth

Metric AQST TLRY Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 22.56% 15.93% 10.01%
EPS growth (last fiscal year) (52.94%) 95.57% 49.06%
Revenue growth, 5-year CAGR (0.58%) 7.82% 6.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AQST TLRY Drug Manufacturers Specialty & Generic median
Debt to equity (0.90) 0.22 0.05
Current ratio 7.19 1.88 2.31
Net debt to EBITDA 1.57 11.34 0.97

Dividend

Metric AQST TLRY Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.57%
Payout ratio — — 0.27

Size

Metric AQST TLRY Drug Manufacturers Specialty & Generic median
Market cap 509.58m 474.40m 276.90m

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