Cullinan Therapeutics, Inc. (CGEM) vs Rigel Pharmaceuticals, Inc. (RIGL)

Cullinan Therapeutics, Inc. and Rigel Pharmaceuticals, Inc. are both Biotechnology companies. Cullinan Therapeutics, Inc. and Rigel Pharmaceuticals, Inc. are of similar size ($901.0M and $882.6M). Cullinan Therapeutics, Inc. has negative trailing earnings, so its P/E is not meaningful; Rigel Pharmaceuticals, Inc. trades at 2.6×. Rigel Pharmaceuticals, Inc. has the higher net margin (116.3% vs 0.00%) and the higher return on invested capital (16.5% vs 0.00%). Across the 12 metrics below, Rigel Pharmaceuticals, Inc. leads on 11 and Cullinan Therapeutics, Inc. on 1.

Valuation

Metric CGEM RIGL Biotechnology median
P/E n/m 2.60 8.50
P/S n/m 3.08 9.71
P/B 2.47 2.00 2.13
Price to free cash flow n/m 94.91 20.82
EV/EBITDA n/m 8.70 0.64
EV/Sales n/m 2.79 9.21
Earnings yield (23.98%) 38.44% (33.15%)
Free cash flow yield (20.03%) 1.05% (25.50%)

Profitability

Metric CGEM RIGL Biotechnology median
Gross margin — 91.39% 65.16%
Operating margin 0.00% 31.45% 0.00%
Net margin 0.00% 116.30% 0.00%
Free cash flow margin 0.00% 3.19% 0.00%
Return on equity (50.30%) 126.90% (56.36%)
Return on assets (46.30%) 88.46% (48.04%)
Return on invested capital 0.00% 16.48% 0.00%

Growth

Metric CGEM RIGL Biotechnology median
Revenue growth (TTM) — 3.31% 6.02%
EPS growth (last fiscal year) (20.86%) 1,867.68% 30.26%
Revenue growth, 5-year CAGR — 22.06% 9.41%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CGEM RIGL Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 8.42 1.94 4.72
Net debt to EBITDA 1.57 (1.05) 0.96

Dividend

Metric CGEM RIGL Biotechnology median
Dividend yield — — 0.09%
Payout ratio — — —

Size

Metric CGEM RIGL Biotechnology median
Market cap 900.97m 882.62m 135.18m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack