ImmunityBio, Inc. (IBRX) vs Krystal Biotech, Inc. (KRYS)

ImmunityBio, Inc. and Krystal Biotech, Inc. are both Biotechnology companies. Krystal Biotech, Inc. is the larger, with a market value of $10.2B against $9.2B — 1.1× the size. ImmunityBio, Inc. has negative trailing earnings, so its P/E is not meaningful; Krystal Biotech, Inc. trades at 41.9×. ImmunityBio, Inc. grew revenue faster over the last twelve months: 192.9% against 22.6%. Krystal Biotech, Inc. has the higher net margin (54.8% vs −598.6%) and the higher return on invested capital (24.1% vs 0.00%). Across the 16 metrics below, Krystal Biotech, Inc. leads on 12 and ImmunityBio, Inc. on 4.

Valuation

Metric IBRX KRYS Biotechnology median
P/E n/m 41.86 7.88
P/S 53.46 23.21 11.47
P/B n/m 7.52 2.52
Price to free cash flow n/m 39.65 21.16
EV/EBITDA n/m 45.87 0.74
EV/Sales 56.01 21.29 10.73
Earnings yield (11.49%) 2.39% (28.84%)
Free cash flow yield (3.25%) 2.52% (23.03%)

Profitability

Metric IBRX KRYS Biotechnology median
Gross margin 99.34% 94.64% 65.16%
Operating margin (151.88%) 44.89% 0.00%
Net margin (598.56%) 54.82% 0.00%
Free cash flow margin (173.76%) 58.52% 0.00%
Return on equity 122.85% 20.12% (57.72%)
Return on assets (192.58%) 18.30% (49.22%)
Return on invested capital 0.00% 24.07% 0.00%

Growth

Metric IBRX KRYS Biotechnology median
Revenue growth (TTM) 192.92% 22.63% 5.64%
EPS growth (last fiscal year) 38.71% 128.00% —
Revenue growth, 5-year CAGR 184.76% — 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IBRX KRYS Biotechnology median
Debt to equity (0.74) 0.00 0.00
Current ratio 5.72 8.32 4.73
Net debt to EBITDA (0.97) (4.93) 0.96

Dividend

Metric IBRX KRYS Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric IBRX KRYS Biotechnology median
Market cap 9.19b 10.21b 162.10m

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