Lineage Cell Therapeutics, Inc. (LCTX) vs Niagen Bioscience, Inc. (NAGE)

Lineage Cell Therapeutics, Inc. and Niagen Bioscience, Inc. are both Biotechnology companies. Lineage Cell Therapeutics, Inc. and Niagen Bioscience, Inc. are of similar size ($239.7M and $238.2M). Lineage Cell Therapeutics, Inc. has negative trailing earnings, so its P/E is not meaningful; Niagen Bioscience, Inc. trades at 15.2×. Lineage Cell Therapeutics, Inc. grew revenue faster over the last twelve months: 19.9% against 11.0%. Niagen Bioscience, Inc. has the higher net margin (12.4% vs −246.6%) and the higher return on invested capital (42.0% vs −186.8%). Across the 18 metrics below, Niagen Bioscience, Inc. leads on 14 and Lineage Cell Therapeutics, Inc. on 4.

Valuation

Metric LCTX NAGE Biotechnology median
P/E n/m 15.20 7.88
P/S 19.64 1.87 11.47
P/B 4.30 2.92 2.52
Price to free cash flow n/m 21.05 21.16
EV/EBITDA n/m 15.14 0.74
EV/Sales 15.76 1.36 10.73
Earnings yield (13.96%) 6.58% (28.84%)
Free cash flow yield (9.49%) 4.75% (23.03%)

Profitability

Metric LCTX NAGE Biotechnology median
Gross margin 99.46% 64.24% 65.16%
Operating margin (205.23%) 8.21% 0.00%
Net margin (246.58%) 12.39% 0.00%
Free cash flow margin (186.43%) 8.89% 0.00%
Return on equity (60.35%) 21.80% (57.72%)
Return on assets (32.75%) 16.14% (49.22%)
Return on invested capital (186.79%) 41.95% 0.00%

Growth

Metric LCTX NAGE Biotechnology median
Revenue growth (TTM) 19.87% 10.99% 5.64%
EPS growth (last fiscal year) (211.11%) 81.82% —
Revenue growth, 5-year CAGR 51.46% 16.91% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LCTX NAGE Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 6.61 6.50 4.73
Net debt to EBITDA 2.64 (3.80) 0.96

Dividend

Metric LCTX NAGE Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric LCTX NAGE Biotechnology median
Market cap 239.71m 238.17m 162.10m

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