Emergent Biosolutions Inc. (EBS) vs Tilray Brands, Inc. (TLRY)

Emergent Biosolutions Inc. and Tilray Brands, Inc. are both Drug Manufacturers Specialty & Generic companies. Tilray Brands, Inc. is the larger, with a market value of $474.4M against $368.1M — 1.3× the size. Tilray Brands, Inc. grew revenue faster over the last twelve months: 15.9% against −9.56%. Tilray Brands, Inc. has the higher net margin (−17.1% vs −23.0%) and the higher return on invested capital (−3.21% vs −5.27%). Across the 19 metrics below, Tilray Brands, Inc. leads on 12 and Emergent Biosolutions Inc. on 7.

Valuation

Metric EBS TLRY Drug Manufacturers Specialty & Generic median
P/E n/m n/m 19.25
P/S 0.43 0.42 2.11
P/B 0.96 0.25 1.78
Price to free cash flow 3.82 n/m 16.14
EV/EBITDA 20.89 n/m 12.58
EV/Sales 1.00 0.56 2.73
Earnings yield (53.92%) (45.40%) (4.38%)
Free cash flow yield 26.15% (43.04%) 0.00%

Profitability

Metric EBS TLRY Drug Manufacturers Specialty & Generic median
Gross margin 55.87% 29.12% 53.94%
Operating margin (8.57%) (9.26%) 0.00%
Net margin (22.96%) (17.05%) 0.00%
Free cash flow margin 11.18% (18.11%) 0.00%
Return on equity (40.29%) (10.50%) (0.40%)
Return on assets (13.95%) (7.45%) (3.32%)
Return on invested capital (5.27%) (3.21%) 0.00%

Growth

Metric EBS TLRY Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) (9.56%) 15.93% 10.01%
EPS growth (last fiscal year) 125.83% 95.57% 49.06%
Revenue growth, 5-year CAGR (13.74%) 7.82% 6.74%
Net income growth, 5-year CAGR (29.64%) 0.00% 0.00%

Health

Metric EBS TLRY Drug Manufacturers Specialty & Generic median
Debt to equity 1.70 0.22 0.05
Current ratio 5.42 1.88 2.31
Net debt to EBITDA 1.76 11.34 0.97

Dividend

Metric EBS TLRY Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.57%
Payout ratio — — 0.27

Size

Metric EBS TLRY Drug Manufacturers Specialty & Generic median
Market cap 368.14m 474.40m 276.90m

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