Invivyd, Inc. (IVVD) vs Lexeo Therapeutics, Inc. (LXEO)

Invivyd, Inc. and Lexeo Therapeutics, Inc. are both Biotechnology companies. Invivyd, Inc. and Lexeo Therapeutics, Inc. are of similar size ($278.3M and $274.1M). Lexeo Therapeutics, Inc. has the higher net margin (0.00% vs −183.9%) and the higher return on invested capital (−253.5% vs −334.9%). Across the 14 metrics below, Lexeo Therapeutics, Inc. leads on 11 and Invivyd, Inc. on 3.

Valuation

Metric IVVD LXEO Biotechnology median
P/E n/m n/m 7.88
P/S 5.11 n/m 11.47
P/B 1.65 1.21 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales 2.36 n/m 10.73
Earnings yield (35.48%) (34.74%) (28.84%)
Free cash flow yield (36.80%) (31.30%) (23.03%)

Profitability

Metric IVVD LXEO Biotechnology median
Gross margin 92.23% 0.00% 65.16%
Operating margin (192.81%) 0.00% 0.00%
Net margin (183.90%) 0.00% 0.00%
Free cash flow margin (187.88%) 0.00% 0.00%
Return on equity (95.89%) (46.76%) (57.72%)
Return on assets (69.69%) (40.50%) (49.22%)
Return on invested capital (334.92%) (253.48%) 0.00%

Growth

Metric IVVD LXEO Biotechnology median
Revenue growth (TTM) 26.30% — 5.64%
EPS growth (last fiscal year) 79.02% 39.81% —
Revenue growth, 5-year CAGR — — 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IVVD LXEO Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 5.87 13.89 4.73
Net debt to EBITDA 4.24 1.67 0.96

Dividend

Metric IVVD LXEO Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 — 0.00

Size

Metric IVVD LXEO Biotechnology median
Market cap 274.12m 278.28m 162.10m

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