Heron Therapeutics, Inc. (HRTX) vs MediciNova, Inc. (MNOV)

Heron Therapeutics, Inc. and MediciNova, Inc. are both Biotechnology companies. Heron Therapeutics, Inc. and MediciNova, Inc. are of similar size ($71.5M and $71.4M). Heron Therapeutics, Inc. grew revenue faster over the last twelve months: 0.99% against −82.2%. Heron Therapeutics, Inc. has the higher net margin (−22.5% vs −1,168.3%) and the higher return on invested capital (−6.35% vs −62.5%). Across the 17 metrics below, Heron Therapeutics, Inc. leads on 11 and MediciNova, Inc. on 6.

Valuation

Metric HRTX MNOV Biotechnology median
P/E n/m n/m 8.50
P/S 0.45 75.94 9.71
P/B 11.70 1.88 2.13
Price to free cash flow n/m n/m 20.82
EV/EBITDA n/m n/m 0.64
EV/Sales 1.11 48.32 9.21
Earnings yield (52.78%) (14.79%) (33.15%)
Free cash flow yield (17.64%) (13.05%) (25.50%)

Profitability

Metric HRTX MNOV Biotechnology median
Gross margin 70.07% 37.76% 65.16%
Operating margin (7.19%) (1,287.53%) 0.00%
Net margin (22.52%) (1,168.31%) 0.00%
Free cash flow margin (8.00%) (991.31%) 0.00%
Return on equity 318.21% (25.56%) (56.36%)
Return on assets (14.06%) (23.83%) (48.04%)
Return on invested capital (6.35%) (62.48%) 0.00%

Growth

Metric HRTX MNOV Biotechnology median
Revenue growth (TTM) 0.99% (82.20%) 6.02%
EPS growth (last fiscal year) (33.33%) (4.35%) 30.26%
Revenue growth, 5-year CAGR 11.81% — 9.41%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HRTX MNOV Biotechnology median
Debt to equity 20.65 0.00 0.00
Current ratio 2.49 8.75 4.72
Net debt to EBITDA (643.88) 2.32 0.96

Dividend

Metric HRTX MNOV Biotechnology median
Dividend yield — — 0.09%
Payout ratio — — —

Size

Metric HRTX MNOV Biotechnology median
Market cap 71.48m 71.38m 135.18m

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