Corvus Pharmaceuticals, Inc. (CRVS) vs Rigel Pharmaceuticals, Inc. (RIGL)

Corvus Pharmaceuticals, Inc. and Rigel Pharmaceuticals, Inc. are both Biotechnology companies. Corvus Pharmaceuticals, Inc. and Rigel Pharmaceuticals, Inc. are of similar size ($853.9M and $818.5M). Corvus Pharmaceuticals, Inc. has negative trailing earnings, so its P/E is not meaningful; Rigel Pharmaceuticals, Inc. trades at 2.4×. Rigel Pharmaceuticals, Inc. has the higher net margin (106.6% vs 0.00%) and the higher return on invested capital (13.7% vs −352.5%). Across the 13 metrics below, Rigel Pharmaceuticals, Inc. leads on 12 and Corvus Pharmaceuticals, Inc. on 1.

Valuation

Metric CRVS RIGL Biotechnology median
P/E n/m 2.35 10.60
P/S n/m 2.57 9.40
P/B 4.33 1.66 2.13
Price to free cash flow n/m 37.96 25.18
EV/EBITDA n/m 8.30 0.66
EV/Sales n/m 2.28 9.02
Earnings yield (5.77%) 42.49% (32.88%)
Free cash flow yield (4.63%) 2.63% (23.13%)

Profitability

Metric CRVS RIGL Biotechnology median
Gross margin 0.00% 89.64% 68.51%
Operating margin 0.00% 26.28% 0.00%
Net margin 0.00% 106.59% 0.00%
Free cash flow margin 0.00% 31.20% 0.00%
Return on equity (35.43%) 109.18% (51.96%)
Return on assets (32.93%) 80.16% (46.06%)
Return on invested capital (352.49%) 13.69% 0.00%

Growth

Metric CRVS RIGL Biotechnology median
Revenue growth (TTM) — 2.18% 6.76%
EPS growth (last fiscal year) 48.04% 1,867.68% 29.88%
Revenue growth, 5-year CAGR — 22.06% 9.75%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CRVS RIGL Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 16.16 2.39 4.97
Net debt to EBITDA 1.28 (1.05) 1.01

Dividend

Metric CRVS RIGL Biotechnology median
Dividend yield — — 0.41%
Payout ratio — — —

Size

Metric CRVS RIGL Biotechnology median
Market cap 818.50m 853.86m 161.82m

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