Harrow, Inc. (HROW) vs Pacira BioSciences, Inc. (PCRX)

Harrow, Inc. and Pacira BioSciences, Inc. are both Drug Manufacturers Specialty & Generic companies. Harrow, Inc. is the larger, with a market value of $1.2B against $1.0B — 1.2× the size. Harrow, Inc. has negative trailing earnings, so its P/E is not meaningful; Pacira BioSciences, Inc. trades at 71.8×. Harrow, Inc. grew revenue faster over the last twelve months: 21.1% against 5.71%. Pacira BioSciences, Inc. has the higher net margin (1.96% vs −13.5%) and the higher return on invested capital (1.58% vs −0.77%). Across the 20 metrics below, Pacira BioSciences, Inc. leads on 17 and Harrow, Inc. on 3.

Valuation

Metric HROW PCRX Drug Manufacturers Specialty & Generic median
P/E n/m 71.77 20.14
P/S 4.48 1.33 2.25
P/B 83.21 1.48 1.90
Price to free cash flow n/m 5.52 16.54
EV/EBITDA 67.46 12.68 12.29
EV/Sales 5.24 1.75 2.56
Earnings yield (2.99%) 1.39% (2.99%)
Free cash flow yield (1.06%) 18.11% 0.00%

Profitability

Metric HROW PCRX Drug Manufacturers Specialty & Generic median
Gross margin 73.28% 79.21% 53.94%
Operating margin (1.00%) 2.66% 0.00%
Net margin (13.51%) 1.96% 0.00%
Free cash flow margin (4.75%) 24.06% 0.00%
Return on equity (116.07%) 2.05% (0.40%)
Return on assets (9.77%) 1.05% (3.32%)
Return on invested capital (0.77%) 1.58% 0.00%

Growth

Metric HROW PCRX Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 21.05% 5.71% 10.01%
EPS growth (last fiscal year) 71.43% 107.44% —
Revenue growth, 5-year CAGR 40.99% 11.07% 6.74%
Net income growth, 5-year CAGR 0.00% (45.44%) 0.00%

Health

Metric HROW PCRX Drug Manufacturers Specialty & Generic median
Debt to equity 19.70 0.54 0.05
Current ratio 2.24 5.04 2.31
Net debt to EBITDA 3.14 1.24 0.85

Dividend

Metric HROW PCRX Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.70%
Payout ratio 0.00 0.00 0.00

Size

Metric HROW PCRX Drug Manufacturers Specialty & Generic median
Market cap 1.24b 1.02b 337.35m

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