Ascendis Pharma A/S (ASND) vs Jazz Pharmaceuticals PLC (JAZZ)

Ascendis Pharma A/S and Jazz Pharmaceuticals PLC are both Biotechnology companies. Ascendis Pharma A/S and Jazz Pharmaceuticals PLC are of similar size ($15.7B and $15.3B). Jazz Pharmaceuticals PLC trades at the lower P/E: 15.6× against 16.3×. Ascendis Pharma A/S grew revenue faster over the last twelve months: 126.0% against 12.6%. Ascendis Pharma A/S has the higher net margin (71.2% vs 20.5%) and the higher return on invested capital (15.1% vs 8.06%). Across the 21 metrics below, Ascendis Pharma A/S leads on 13 and Jazz Pharmaceuticals PLC on 8.

Valuation

Metric ASND JAZZ Biotechnology median
P/E 16.27 15.60 7.88
P/S 11.98 3.27 11.47
P/B 8.69 3.13 2.52
Price to free cash flow 37.46 10.62 21.16
EV/EBITDA 43.87 10.64 0.74
EV/Sales 11.63 3.74 10.73
Earnings yield 6.15% 6.41% (28.84%)
Free cash flow yield 2.67% 9.42% (23.03%)

Profitability

Metric ASND JAZZ Biotechnology median
Gross margin 91.26% 88.42% 65.16%
Operating margin 24.84% 19.49% 0.00%
Net margin 71.20% 20.45% 0.00%
Free cash flow margin 31.97% 30.79% 0.00%
Return on equity 118.44% 22.11% (57.72%)
Return on assets 44.34% 8.54% (49.22%)
Return on invested capital 15.07% 8.06% 0.00%

Growth

Metric ASND JAZZ Biotechnology median
Revenue growth (TTM) 125.98% 12.59% 5.64%
EPS growth (last fiscal year) 39.89% (167.51%) —
Revenue growth, 5-year CAGR 152.47% 12.54% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASND JAZZ Biotechnology median
Debt to equity 0.31 0.91 0.00
Current ratio 2.99 1.78 4.73
Net debt to EBITDA (2.16) 10.96 0.96

Dividend

Metric ASND JAZZ Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric ASND JAZZ Biotechnology median
Market cap 15.68b 15.34b 162.10m

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