Assembly Biosciences, Inc. (ASMB) vs Phathom Pharmaceuticals, Inc. (PHAT)

Assembly Biosciences, Inc. and Phathom Pharmaceuticals, Inc. are both Biotechnology companies. Assembly Biosciences, Inc. and Phathom Pharmaceuticals, Inc. are of similar size ($413.0M and $407.2M). Assembly Biosciences, Inc. grew revenue faster over the last twelve months: 125.1% against 86.8%. Assembly Biosciences, Inc. has the higher net margin (−0.06% vs −30.2%) and the higher return on invested capital (0.00% vs 0.00%). Across the 15 metrics below, Assembly Biosciences, Inc. leads on 8 and Phathom Pharmaceuticals, Inc. on 7.

Valuation

Metric ASMB PHAT Biotechnology median
P/E n/m n/m 10.60
P/S 5.13 1.62 9.40
P/B 1.26 n/m 2.13
Price to free cash flow n/m n/m 25.18
EV/EBITDA n/m n/m 0.66
EV/Sales 0.85 1.58 9.02
Earnings yield (0.79%) (19.76%) (32.88%)
Free cash flow yield (10.05%) (4.74%) (23.13%)

Profitability

Metric ASMB PHAT Biotechnology median
Gross margin 100.00% 80.68% 68.51%
Operating margin (11.75%) (9.26%) 0.00%
Net margin (0.06%) (30.19%) 0.00%
Free cash flow margin (51.53%) (7.65%) 0.00%
Return on equity (0.03%) 21.55% (51.96%)
Return on assets (0.02%) (28.36%) (46.06%)
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric ASMB PHAT Biotechnology median
Revenue growth (TTM) 125.12% 86.75% 6.76%
EPS growth (last fiscal year) 91.78% 42.72% 29.88%
Revenue growth, 5-year CAGR 35.27% — 9.75%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASMB PHAT Biotechnology median
Debt to equity 0.00 (0.48) 0.00
Current ratio 13.99 1.76 4.97
Net debt to EBITDA 17.31 (0.51) 1.01

Dividend

Metric ASMB PHAT Biotechnology median
Dividend yield — — 0.41%
Payout ratio — — —

Size

Metric ASMB PHAT Biotechnology median
Market cap 407.22m 412.96m 161.82m

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