Harrow, Inc. (HROW) vs Perrigo Company plc (PRGO)

Harrow, Inc. and Perrigo Company plc are both Drug Manufacturers Specialty & Generic companies. Perrigo Company plc is the larger, with a market value of $2.1B against $1.2B — 1.7× the size. Harrow, Inc. grew revenue faster over the last twelve months: 21.1% against −4.19%. Harrow, Inc. has the higher net margin (−13.5% vs −41.9%) and the higher return on invested capital (−0.77% vs −18.1%). Across the 18 metrics below, Harrow, Inc. leads on 9 and Perrigo Company plc on 9.

Valuation

Metric HROW PRGO Drug Manufacturers Specialty & Generic median
P/E n/m n/m 20.14
P/S 4.48 0.52 2.25
P/B 83.21 0.85 1.90
Price to free cash flow n/m 16.85 16.54
EV/EBITDA 67.46 n/m 12.29
EV/Sales 5.24 1.22 2.56
Earnings yield (2.99%) (81.06%) (2.99%)
Free cash flow yield (1.06%) 5.93% 0.00%

Profitability

Metric HROW PRGO Drug Manufacturers Specialty & Generic median
Gross margin 73.28% 33.26% 53.94%
Operating margin (1.00%) (37.71%) 0.00%
Net margin (13.51%) (41.85%) 0.00%
Free cash flow margin (4.75%) 2.88% 0.00%
Return on equity (116.07%) (49.65%) (0.40%)
Return on assets (9.77%) (19.60%) (3.32%)
Return on invested capital (0.77%) (18.06%) 0.00%

Growth

Metric HROW PRGO Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 21.05% (4.19%) 10.01%
EPS growth (last fiscal year) 71.43% (723.20%) —
Revenue growth, 5-year CAGR 40.99% 0.79% 6.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HROW PRGO Drug Manufacturers Specialty & Generic median
Debt to equity 19.70 1.31 0.05
Current ratio 2.24 2.32 2.31
Net debt to EBITDA 3.14 (4.01) 0.85

Dividend

Metric HROW PRGO Drug Manufacturers Specialty & Generic median
Dividend yield — 3.42% 1.70%
Payout ratio 0.00 — 0.00

Size

Metric HROW PRGO Drug Manufacturers Specialty & Generic median
Market cap 1.24b 2.05b 337.35m

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