Jade Biosciences, Inc. (JBIO) vs Rigel Pharmaceuticals, Inc. (RIGL)

Jade Biosciences, Inc. and Rigel Pharmaceuticals, Inc. are both Biotechnology companies. Jade Biosciences, Inc. and Rigel Pharmaceuticals, Inc. are of similar size ($936.8M and $894.6M). Jade Biosciences, Inc. has negative trailing earnings, so its P/E is not meaningful; Rigel Pharmaceuticals, Inc. trades at 2.7×. Rigel Pharmaceuticals, Inc. has the higher net margin (116.3% vs 0.00%) and the higher return on invested capital (16.5% vs 0.00%). Across the 13 metrics below, Rigel Pharmaceuticals, Inc. leads on 11 and Jade Biosciences, Inc. on 2.

Valuation

Metric JBIO RIGL Biotechnology median
P/E n/m 2.73 7.88
P/S n/m 3.23 11.47
P/B 2.00 2.10 2.52
Price to free cash flow n/m 99.48 21.16
EV/EBITDA n/m 9.16 0.74
EV/Sales n/m 2.94 10.73
Earnings yield (13.31%) 36.67% (28.84%)
Free cash flow yield (14.06%) 1.01% (23.03%)

Profitability

Metric JBIO RIGL Biotechnology median
Gross margin 0.00% 91.39% 65.16%
Operating margin 0.00% 31.45% 0.00%
Net margin 0.00% 116.30% 0.00%
Free cash flow margin 0.00% 3.19% 0.00%
Return on equity (39.27%) 126.90% (57.72%)
Return on assets (36.19%) 88.46% (49.22%)
Return on invested capital 0.00% 16.48% 0.00%

Growth

Metric JBIO RIGL Biotechnology median
Revenue growth (TTM) — 3.31% 5.64%
EPS growth (last fiscal year) 78.57% 1,867.68% —
Revenue growth, 5-year CAGR — 22.06% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric JBIO RIGL Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 14.93 1.94 4.73
Net debt to EBITDA 2.94 (1.05) 0.96

Dividend

Metric JBIO RIGL Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric JBIO RIGL Biotechnology median
Market cap 936.79m 894.58m 162.10m

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