Collegium Pharmaceutical, Inc. (COLL) vs Tilray Brands, Inc. (TLRY)

Collegium Pharmaceutical, Inc. and Tilray Brands, Inc. are both Drug Manufacturers Specialty & Generic companies. Collegium Pharmaceutical, Inc. is the larger, with a market value of $737.1M against $603.0M — 1.2× the size. Tilray Brands, Inc. has negative trailing earnings, so its P/E is not meaningful; Collegium Pharmaceutical, Inc. trades at 14.7×. Collegium Pharmaceutical, Inc. grew revenue faster over the last twelve months: 14.3% against 11.5%. Collegium Pharmaceutical, Inc. has the higher net margin (5.93% vs −13.3%) and the higher return on invested capital (7.85% vs −2.27%). Across the 20 metrics below, Collegium Pharmaceutical, Inc. leads on 14 and Tilray Brands, Inc. on 6.

Valuation

Metric COLL TLRY Drug Manufacturers Specialty & Generic median
P/E 14.73 n/m 20.14
P/S 0.90 0.50 2.25
P/B 2.34 0.29 1.90
Price to free cash flow n/m n/m 16.54
EV/EBITDA 4.29 48.33 12.29
EV/Sales 2.07 0.66 2.56
Earnings yield 6.79% (26.15%) (2.99%)
Free cash flow yield (5.46%) (32.87%) 0.00%

Profitability

Metric COLL TLRY Drug Manufacturers Specialty & Generic median
Gross margin 60.02% 28.45% 53.94%
Operating margin 19.48% (6.88%) 0.00%
Net margin 5.93% (13.26%) 0.00%
Free cash flow margin 40.62% (10.77%) 0.00%
Return on equity 17.61% (7.87%) (0.40%)
Return on assets 2.57% (5.52%) (3.32%)
Return on invested capital 7.85% (2.27%) 0.00%

Growth

Metric COLL TLRY Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 14.31% 11.46% 10.01%
EPS growth (last fiscal year) (6.99%) 95.57% —
Revenue growth, 5-year CAGR 20.28% 7.82% 6.74%
Net income growth, 5-year CAGR 18.64% 0.00% 0.00%

Health

Metric COLL TLRY Drug Manufacturers Specialty & Generic median
Debt to equity 3.50 0.24 0.05
Current ratio 1.03 2.21 2.31
Net debt to EBITDA 1.00 11.34 0.85

Dividend

Metric COLL TLRY Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.70%
Payout ratio 0.00 0.00 0.00

Size

Metric COLL TLRY Drug Manufacturers Specialty & Generic median
Market cap 737.06m 602.95m 337.35m

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