Cyclerion Therapeutics, Inc. (KRSA) vs Novavax, Inc. (NVAX)

Cyclerion Therapeutics, Inc. and Novavax, Inc. are both Biotechnology companies. Cyclerion Therapeutics, Inc. and Novavax, Inc. are of similar size ($1.8B and $1.7B). Cyclerion Therapeutics, Inc. grew revenue faster over the last twelve months: 30.8% against −61.6%. Cyclerion Therapeutics, Inc. has the higher net margin (0.00% vs −59.9%) and the lower return on invested capital (−115.4% vs 0.00%). Across the 17 metrics below, Novavax, Inc. leads on 12 and Cyclerion Therapeutics, Inc. on 5.

Valuation

Metric KRSA NVAX Biotechnology median
P/E n/m n/m 7.88
P/S 9.08 4.23 11.47
P/B 3.70 n/m 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales 8.41 3.20 10.73
Earnings yield (37.47%) (14.30%) (28.84%)
Free cash flow yield (24.02%) (2.52%) (23.03%)

Profitability

Metric KRSA NVAX Biotechnology median
Gross margin 100.00% 78.60% 65.16%
Operating margin 0.00% (56.58%) 0.00%
Net margin 0.00% (59.87%) 0.00%
Free cash flow margin 0.00% (10.20%) 0.00%
Return on equity (98.22%) 323.66% (57.72%)
Return on assets (82.29%) (21.62%) (49.22%)
Return on invested capital (115.40%) 0.00% 0.00%

Growth

Metric KRSA NVAX Biotechnology median
Revenue growth (TTM) 30.77% (61.64%) 5.64%
EPS growth (last fiscal year) 8.26% 309.76% —
Revenue growth, 5-year CAGR (14.38%) 18.76% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric KRSA NVAX Biotechnology median
Debt to equity 0.00 (1.54) 0.00
Current ratio 0.82 2.33 4.73
Net debt to EBITDA 0.65 (1.04) 0.96

Dividend

Metric KRSA NVAX Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric KRSA NVAX Biotechnology median
Market cap 1.69b 1.75b 162.10m

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