Moderna, Inc. (MRNA) vs Roivant Sciences Ltd. (ROIV)

Moderna, Inc. and Roivant Sciences Ltd. are both Biotechnology companies. Moderna, Inc. is the larger, with a market value of $94.4B against $24.6B — 3.8× the size. Moderna, Inc. grew revenue faster over the last twelve months: −27.6% against −67.6%. Moderna, Inc. has the higher net margin (−141.4% vs −3,535.0%) and the lower return on invested capital (−93.5% vs −34.5%). Across the 18 metrics below, Moderna, Inc. leads on 10 and Roivant Sciences Ltd. on 8.

Valuation

Metric MRNA ROIV Biotechnology median
P/E n/m n/m 8.50
P/S 38.94 3,208.66 9.71
P/B 12.83 4.91 2.13
Price to free cash flow n/m n/m 20.82
EV/EBITDA n/m n/m 0.64
EV/Sales 36.91 2,741.54 9.21
Earnings yield (3.66%) (1.13%) (33.15%)
Free cash flow yield (1.43%) (3.40%) (25.50%)

Profitability

Metric MRNA ROIV Biotechnology median
Gross margin 23.38% 81.21% 65.16%
Operating margin (149.01%) (7,914.75%) 0.00%
Net margin (141.43%) (3,534.96%) 0.00%
Free cash flow margin (55.83%) (10,901.00%) 0.00%
Return on equity (39.00%) (5.47%) (56.36%)
Return on assets (27.43%) (5.15%) (48.04%)
Return on invested capital (93.47%) (34.51%) 0.00%

Growth

Metric MRNA ROIV Biotechnology median
Revenue growth (TTM) (27.62%) (67.58%) 6.02%
EPS growth (last fiscal year) 21.77% (125.00%) 30.26%
Revenue growth, 5-year CAGR 19.34% (19.07%) 9.41%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MRNA ROIV Biotechnology median
Debt to equity 0.09 0.00 0.00
Current ratio 2.29 16.72 4.72
Net debt to EBITDA 1.77 8.39 0.96

Dividend

Metric MRNA ROIV Biotechnology median
Dividend yield — — 0.09%
Payout ratio — — —

Size

Metric MRNA ROIV Biotechnology median
Market cap 94.42b 24.59b 135.18m

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