Fate Therapeutics, Inc. (FATE) vs Invivyd, Inc. (IVVD)

Fate Therapeutics, Inc. and Invivyd, Inc. are both Biotechnology companies. Fate Therapeutics, Inc. and Invivyd, Inc. are of similar size ($279.2M and $274.1M). Invivyd, Inc. grew revenue faster over the last twelve months: 26.3% against −23.4%. Invivyd, Inc. has the higher net margin (−183.9% vs −1,941.1%) and the lower return on invested capital (−334.9% vs 0.00%). Across the 16 metrics below, Invivyd, Inc. leads on 11 and Fate Therapeutics, Inc. on 5.

Valuation

Metric FATE IVVD Biotechnology median
P/E n/m n/m 7.88
P/S 43.59 5.11 11.47
P/B 1.84 1.65 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales 36.07 2.36 10.73
Earnings yield (44.68%) (35.48%) (28.84%)
Free cash flow yield (37.26%) (36.80%) (23.03%)

Profitability

Metric FATE IVVD Biotechnology median
Gross margin 100.00% 92.23% 65.16%
Operating margin (2,058.08%) (192.81%) 0.00%
Net margin (1,941.09%) (183.90%) 0.00%
Free cash flow margin (1,624.06%) (187.88%) 0.00%
Return on equity (60.75%) (95.89%) (57.72%)
Return on assets (39.89%) (69.69%) (49.22%)
Return on invested capital 0.00% (334.92%) 0.00%

Growth

Metric FATE IVVD Biotechnology median
Revenue growth (TTM) (23.36%) 26.30% 5.64%
EPS growth (last fiscal year) 29.88% 79.02% —
Revenue growth, 5-year CAGR (26.71%) — 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FATE IVVD Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 4.85 5.87 4.73
Net debt to EBITDA 1.47 4.24 0.96

Dividend

Metric FATE IVVD Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric FATE IVVD Biotechnology median
Market cap 279.18m 274.12m 162.10m

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