Kodiak Sciences Inc. (KOD) vs Ocular Therapeutix, Inc. (OCUL)

Kodiak Sciences Inc. and Ocular Therapeutix, Inc. are both Biotechnology companies. Kodiak Sciences Inc. and Ocular Therapeutix, Inc. are of similar size ($2.2B and $2.1B). Kodiak Sciences Inc. has the higher net margin (0.00% vs −579.1%) and the higher return on invested capital (0.00% vs 0.00%). Across the 13 metrics below, Kodiak Sciences Inc. leads on 7 and Ocular Therapeutix, Inc. on 6.

Valuation

Metric KOD OCUL Biotechnology median
P/E n/m n/m 7.88
P/S n/m 41.70 11.47
P/B 33.16 4.17 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales n/m 31.60 10.73
Earnings yield (12.95%) (14.72%) (28.84%)
Free cash flow yield (7.89%) (11.75%) (23.03%)

Profitability

Metric KOD OCUL Biotechnology median
Gross margin 0.00% 87.11% 65.16%
Operating margin 0.00% (603.04%) 0.00%
Net margin 0.00% (579.10%) 0.00%
Free cash flow margin 0.00% (490.07%) 0.00%
Return on equity (368.37%) (72.99%) (57.72%)
Return on assets (94.25%) (53.70%) (49.22%)
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric KOD OCUL Biotechnology median
Revenue growth (TTM) — (8.14%) 5.64%
EPS growth (last fiscal year) (28.96%) (16.39%) —
Revenue growth, 5-year CAGR — 24.45% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric KOD OCUL Biotechnology median
Debt to equity 0.00 0.14 0.00
Current ratio 2.49 13.11 4.73
Net debt to EBITDA 1.01 2.51 0.96

Dividend

Metric KOD OCUL Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric KOD OCUL Biotechnology median
Market cap 2.09b 2.16b 162.10m

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