Ardelyx, Inc. (ARDX) vs Avalo Therapeutics, Inc. (AVTX)

Ardelyx, Inc. and Avalo Therapeutics, Inc. are both Biotechnology companies. Ardelyx, Inc. and Avalo Therapeutics, Inc. are of similar size ($859.7M and $843.1M). Ardelyx, Inc. grew revenue faster over the last twelve months: 16.8% against −92.7%. Avalo Therapeutics, Inc. has the higher net margin (0.00% vs −12.4%) and the lower return on invested capital (−118.2% vs −18.6%). Across the 18 metrics below, Ardelyx, Inc. leads on 9 and Avalo Therapeutics, Inc. on 9.

Valuation

Metric ARDX AVTX Biotechnology median
P/E n/m n/m 7.88
P/S 1.88 540.92 11.47
P/B 5.69 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 1.82 221.48 10.73
Earnings yield (6.55%) (28.25%) (28.84%)
Free cash flow yield (2.11%) (20.63%) (23.03%)

Profitability

Metric ARDX AVTX Biotechnology median
Gross margin 94.37% 64.72% 65.16%
Operating margin (7.86%) 0.00% 0.00%
Net margin (12.35%) 0.00% 0.00%
Free cash flow margin (3.97%) 0.00% 0.00%
Return on equity (38.61%) (36.27%) (57.72%)
Return on assets (10.68%) (32.50%) (49.22%)
Return on invested capital (18.62%) (118.21%) 0.00%

Growth

Metric ARDX AVTX Biotechnology median
Revenue growth (TTM) 16.77% (92.65%) 5.64%
EPS growth (last fiscal year) (52.94%) (24.62%) —
Revenue growth, 5-year CAGR 121.90% (61.19%) 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ARDX AVTX Biotechnology median
Debt to equity 1.69 0.00 0.00
Current ratio 3.34 19.31 4.73
Net debt to EBITDA 1.63 1.36 0.96

Dividend

Metric ARDX AVTX Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric ARDX AVTX Biotechnology median
Market cap 859.70m 843.06m 162.10m

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