Collegium Pharmaceutical, Inc. (COLL) vs Cronos Group Inc. (CRON)

Collegium Pharmaceutical, Inc. and Cronos Group Inc. are both Drug Manufacturers Specialty & Generic companies. Cronos Group Inc. is the larger, with a market value of $1.2B against $754.6M — 1.6× the size. Collegium Pharmaceutical, Inc. trades at the lower P/E: 15.2× against 16.1×. Cronos Group Inc. grew revenue faster over the last twelve months: 37.5% against 14.3%. Cronos Group Inc. has the higher net margin (20.9% vs 5.93%) and the lower return on invested capital (−0.34% vs 7.85%). Across the 21 metrics below, Collegium Pharmaceutical, Inc. leads on 13 and Cronos Group Inc. on 8.

Valuation

Metric COLL CRON Drug Manufacturers Specialty & Generic median
P/E 15.16 16.10 19.25
P/S 0.93 6.72 2.11
P/B 2.41 1.08 1.78
Price to free cash flow n/m 24.33 16.14
EV/EBITDA 4.34 32.41 12.58
EV/Sales 2.10 2.27 2.73
Earnings yield 6.60% 6.21% (4.38%)
Free cash flow yield (5.31%) 4.11% 0.00%

Profitability

Metric COLL CRON Drug Manufacturers Specialty & Generic median
Gross margin 60.02% 45.86% 53.94%
Operating margin 19.48% (0.96%) 0.00%
Net margin 5.93% 20.91% 0.00%
Free cash flow margin 40.62% 27.61% 0.00%
Return on equity 17.61% 3.33% (0.40%)
Return on assets 2.57% 3.18% (3.32%)
Return on invested capital 7.85% (0.34%) 0.00%

Growth

Metric COLL CRON Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 14.31% 37.46% 10.01%
EPS growth (last fiscal year) (6.99%) (118.18%) 49.06%
Revenue growth, 5-year CAGR 20.28% 25.70% 6.74%
Net income growth, 5-year CAGR 18.64% 0.00% 0.00%

Health

Metric COLL CRON Drug Manufacturers Specialty & Generic median
Debt to equity 3.50 0.00 0.05
Current ratio 1.03 16.18 2.31
Net debt to EBITDA 1.00 337.10 0.97

Dividend

Metric COLL CRON Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.57%
Payout ratio — — 0.27

Size

Metric COLL CRON Drug Manufacturers Specialty & Generic median
Market cap 754.64m 1.18b 276.90m

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