Lifecore Biomedical, Inc. (LFCR) vs Organigram Global Inc. (OGI)

Lifecore Biomedical, Inc. and Organigram Global Inc. are both Drug Manufacturers Specialty & Generic companies. Lifecore Biomedical, Inc. and Organigram Global Inc. are of similar size ($162.4M and $155.1M). Lifecore Biomedical, Inc. has negative trailing earnings, so its P/E is not meaningful; Organigram Global Inc. trades at 2.4×. Organigram Global Inc. grew revenue faster over the last twelve months: 39.5% against −10.0%. Organigram Global Inc. has the higher net margin (28.4% vs −37.5%) and the higher return on invested capital (−1.53% vs −2.80%). Across the 17 metrics below, Organigram Global Inc. leads on 13 and Lifecore Biomedical, Inc. on 4.

Valuation

Metric LFCR OGI Drug Manufacturers Specialty & Generic median
P/E n/m 2.37 20.14
P/S 1.32 0.67 2.25
P/B n/m 0.42 1.90
Price to free cash flow n/m n/m 16.54
EV/EBITDA n/m 16.79 12.29
EV/Sales 2.73 0.70 2.56
Earnings yield (23.10%) 42.26% (2.99%)
Free cash flow yield (3.21%) (14.22%) 0.00%

Profitability

Metric LFCR OGI Drug Manufacturers Specialty & Generic median
Gross margin 26.86% 36.47% 53.94%
Operating margin (6.89%) (3.91%) 0.00%
Net margin (37.54%) 28.44% 0.00%
Free cash flow margin (4.24%) (9.46%) 0.00%
Return on equity 201.15% 20.20% (0.40%)
Return on assets (19.32%) 12.70% (3.32%)
Return on invested capital (2.80%) (1.53%) 0.00%

Growth

Metric LFCR OGI Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) (10.03%) 39.51% 10.01%
EPS growth (last fiscal year) (439.33%) 60.00% —
Revenue growth, 5-year CAGR (4.24%) 24.30% 6.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LFCR OGI Drug Manufacturers Specialty & Generic median
Debt to equity 11.50 0.04 0.05
Current ratio 3.87 2.61 2.31
Net debt to EBITDA (15.59) (31.56) 0.85

Dividend

Metric LFCR OGI Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.70%
Payout ratio 0.00 0.00 0.00

Size

Metric LFCR OGI Drug Manufacturers Specialty & Generic median
Market cap 162.39m 155.11m 337.35m

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