Immunome, Inc. (IMNM) vs Vericel Corporation (VCEL)

Immunome, Inc. and Vericel Corporation are both Biotechnology companies. Immunome, Inc. and Vericel Corporation are of similar size ($2.1B and $2.1B). Immunome, Inc. has negative trailing earnings, so its P/E is not meaningful; Vericel Corporation trades at 83.6×. Vericel Corporation grew revenue faster over the last twelve months: 23.0% against 16.7%. Vericel Corporation has the higher net margin (7.91% vs 0.00%) and the higher return on invested capital (5.49% vs −3,323.0%). Across the 17 metrics below, Vericel Corporation leads on 14 and Immunome, Inc. on 3.

Valuation

Metric IMNM VCEL Biotechnology median
P/E n/m 83.60 8.50
P/S 148.19 6.69 9.71
P/B 3.55 5.54 2.13
Price to free cash flow n/m 33.24 20.82
EV/EBITDA n/m 60.89 0.64
EV/Sales 106.93 6.22 9.21
Earnings yield (15.36%) 1.20% (33.15%)
Free cash flow yield (11.74%) 3.01% (25.50%)

Profitability

Metric IMNM VCEL Biotechnology median
Gross margin 100.00% 74.56% 65.16%
Operating margin 0.00% 5.95% 0.00%
Net margin 0.00% 7.91% 0.00%
Free cash flow margin 0.00% 20.13% 0.00%
Return on equity (64.03%) 7.16% (56.36%)
Return on assets (59.03%) 5.16% (48.04%)
Return on invested capital (3,322.99%) 5.49% 0.00%

Growth

Metric IMNM VCEL Biotechnology median
Revenue growth (TTM) 16.74% 22.95% 6.02%
EPS growth (last fiscal year) 51.40% 60.00% 30.26%
Revenue growth, 5-year CAGR — 17.34% 9.41%
Net income growth, 5-year CAGR 0.00% 41.97% 0.00%

Health

Metric IMNM VCEL Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 15.08 5.04 4.72
Net debt to EBITDA 2.92 (6.08) 0.96

Dividend

Metric IMNM VCEL Biotechnology median
Dividend yield — — 0.09%
Payout ratio — — —

Size

Metric IMNM VCEL Biotechnology median
Market cap 2.05b 2.10b 135.18m

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