Collegium Pharmaceutical, Inc. (COLL) vs Alpha Teknova, Inc. (TKNO)

Collegium Pharmaceutical, Inc. and Alpha Teknova, Inc. are both Drug Manufacturers Specialty & Generic companies. Collegium Pharmaceutical, Inc. is the larger, with a market value of $819.1M against $486.2M — 1.7× the size. Alpha Teknova, Inc. has negative trailing earnings, so its P/E is not meaningful; Collegium Pharmaceutical, Inc. trades at 20.5×. Alpha Teknova, Inc. grew revenue faster over the last twelve months: 15.5% against 7.68%. Collegium Pharmaceutical, Inc. has the higher net margin (4.68% vs −34.8%) and the higher return on invested capital (5.63% vs −16.6%). Across the 19 metrics below, Collegium Pharmaceutical, Inc. leads on 13 and Alpha Teknova, Inc. on 6.

Valuation

Metric COLL TKNO Drug Manufacturers Specialty & Generic median
P/E 20.55 n/m 20.55
P/S 0.98 9.15 2.08
P/B 2.68 7.03 1.79
Price to free cash flow n/m n/m 16.29
EV/EBITDA 4.43 n/m 12.22
EV/Sales 2.12 9.17 2.87
Earnings yield 4.87% (3.70%) (15.94%)
Free cash flow yield (4.01%) (1.52%) 0.00%

Profitability

Metric COLL TKNO Drug Manufacturers Specialty & Generic median
Gross margin 59.05% 36.43% 53.51%
Operating margin 15.22% (32.65%) 0.00%
Net margin 4.68% (34.76%) (2.45%)
Free cash flow margin 41.25% (13.89%) 0.00%
Return on equity 13.36% (24.12%) (0.80%)
Return on assets 2.06% (15.79%) (1.67%)
Return on invested capital 5.63% (16.60%) 0.00%

Growth

Metric COLL TKNO Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 7.68% 15.45% 5.22%
EPS growth (last fiscal year) (6.99%) 43.86% 42.91%
Revenue growth, 5-year CAGR 20.28% 5.30% 7.24%
Net income growth, 5-year CAGR 18.64% 0.00% 0.00%

Health

Metric COLL TKNO Drug Manufacturers Specialty & Generic median
Debt to equity 3.65 0.22 0.04
Current ratio 1.01 3.56 2.41
Net debt to EBITDA 1.00 0.75 1.01

Dividend

Metric COLL TKNO Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.45%
Payout ratio — — 0.27

Size

Metric COLL TKNO Drug Manufacturers Specialty & Generic median
Market cap 819.10m 486.22m 315.39m

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