Opus Genetics, Inc. (IRD) vs ARS Pharmaceuticals, Inc. (SPRY)

Opus Genetics, Inc. and ARS Pharmaceuticals, Inc. are both Biotechnology companies. Opus Genetics, Inc. and ARS Pharmaceuticals, Inc. are of similar size ($412.7M and $405.2M). ARS Pharmaceuticals, Inc. grew revenue faster over the last twelve months: 4.08% against −36.1%. ARS Pharmaceuticals, Inc. has the higher net margin (−184.3% vs −1,091.8%) and the lower return on invested capital (−335.7% vs 0.00%). Across the 16 metrics below, ARS Pharmaceuticals, Inc. leads on 9 and Opus Genetics, Inc. on 7.

Valuation

Metric IRD SPRY Biotechnology median
P/E n/m n/m 7.88
P/S 46.11 3.47 11.47
P/B n/m 32.38 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales 40.67 3.70 10.73
Earnings yield (27.10%) (53.43%) (28.84%)
Free cash flow yield (9.30%) (52.35%) (23.03%)

Profitability

Metric IRD SPRY Biotechnology median
Gross margin 100.00% 71.37% 65.16%
Operating margin (513.47%) (184.96%) 0.00%
Net margin (1,091.82%) (184.26%) 0.00%
Free cash flow margin (412.61%) (167.97%) 0.00%
Return on equity (4,796.52%) (210.37%) (57.72%)
Return on assets (163.50%) (76.54%) (49.22%)
Return on invested capital 0.00% (335.65%) 0.00%

Growth

Metric IRD SPRY Biotechnology median
Revenue growth (TTM) (36.09%) 4.08% 5.64%
EPS growth (last fiscal year) 62.79% (2,275.00%) —
Revenue growth, 5-year CAGR — — 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IRD SPRY Biotechnology median
Debt to equity (2.69) 13.72 0.00
Current ratio 12.19 3.48 4.73
Net debt to EBITDA 1.17 0.42 0.96

Dividend

Metric IRD SPRY Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric IRD SPRY Biotechnology median
Market cap 405.16m 412.71m 162.10m

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