Arvinas, Inc. (ARVN) vs REGENXBIO Inc. (RGNX)

Arvinas, Inc. and REGENXBIO Inc. are both Biotechnology companies. Arvinas, Inc. and REGENXBIO Inc. are of similar size ($509.4M and $487.8M). REGENXBIO Inc. has negative trailing earnings, so its P/E is not meaningful; Arvinas, Inc. trades at 58.3×. REGENXBIO Inc. grew revenue faster over the last twelve months: 12.0% against −15.1%. Arvinas, Inc. has the higher net margin (2.94% vs −112.6%) and the higher return on invested capital (0.00% vs 0.00%). Across the 17 metrics below, Arvinas, Inc. leads on 14 and REGENXBIO Inc. on 3.

Valuation

Metric ARVN RGNX Biotechnology median
P/E 58.31 n/m 7.88
P/S 1.55 2.24 11.47
P/B 0.87 5.45 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA 4.20 n/m 0.74
EV/Sales (0.24) 2.12 10.73
Earnings yield 1.72% (51.22%) (28.84%)
Free cash flow yield (42.51%) (63.88%) (23.03%)

Profitability

Metric ARVN RGNX Biotechnology median
Gross margin 97.16% 86.38% 65.16%
Operating margin (5.72%) (94.08%) 0.00%
Net margin 2.94% (112.58%) 0.00%
Free cash flow margin (65.93%) (143.09%) 0.00%
Return on equity 1.59% (137.63%) (57.72%)
Return on assets 1.17% (40.60%) (49.22%)
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric ARVN RGNX Biotechnology median
Revenue growth (TTM) (15.05%) 12.00% 5.64%
EPS growth (last fiscal year) 58.84% 18.08% —
Revenue growth, 5-year CAGR 58.93% 1.97% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ARVN RGNX Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 7.91 2.86 4.73
Net debt to EBITDA 5.62 1.58 0.96

Dividend

Metric ARVN RGNX Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric ARVN RGNX Biotechnology median
Market cap 509.36m 487.84m 162.10m

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