Neurocrine Biosciences, Inc. (NBIX) vs Viatris Inc. (VTRS)

Neurocrine Biosciences, Inc. and Viatris Inc. are both Drug Manufacturers Specialty & Generic companies. Viatris Inc. is the larger, with a market value of $20.9B against $13.9B — 1.5× the size. Viatris Inc. has negative trailing earnings, so its P/E is not meaningful; Neurocrine Biosciences, Inc. trades at 19.2×. Neurocrine Biosciences, Inc. grew revenue faster over the last twelve months: 34.4% against 4.40%. Neurocrine Biosciences, Inc. has the higher net margin (20.9% vs −2.79%) and the higher return on invested capital (15.0% vs −0.20%). Across the 21 metrics below, Neurocrine Biosciences, Inc. leads on 15 and Viatris Inc. on 6.

Valuation

Metric NBIX VTRS Drug Manufacturers Specialty & Generic median
P/E 19.25 n/m 19.25
P/S 4.06 1.47 2.11
P/B 3.71 1.52 1.78
Price to free cash flow 15.75 11.48 16.14
EV/EBITDA 16.66 12.58 12.58
EV/Sales 4.11 2.32 2.73
Earnings yield 5.19% (1.93%) (4.38%)
Free cash flow yield 6.35% 8.71% 0.00%

Profitability

Metric NBIX VTRS Drug Manufacturers Specialty & Generic median
Gross margin 97.94% 34.83% 53.94%
Operating margin 23.56% (0.59%) 0.00%
Net margin 20.91% (2.79%) 0.00%
Free cash flow margin 25.80% 12.83% 0.00%
Return on equity 22.09% (2.75%) (0.40%)
Return on assets 15.26% (1.12%) (3.32%)
Return on invested capital 15.04% (0.20%) 0.00%

Growth

Metric NBIX VTRS Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 34.42% 4.40% 10.01%
EPS growth (last fiscal year) 41.95% (466.04%) 49.06%
Revenue growth, 5-year CAGR 22.29% 3.66% 6.74%
Net income growth, 5-year CAGR 3.28% 0.00% 0.00%

Health

Metric NBIX VTRS Drug Manufacturers Specialty & Generic median
Debt to equity 0.00 0.94 0.05
Current ratio 1.87 1.58 2.31
Net debt to EBITDA (2.33) 4.92 0.97

Dividend

Metric NBIX VTRS Drug Manufacturers Specialty & Generic median
Dividend yield — 2.57% 1.57%
Payout ratio — — 0.27

Size

Metric NBIX VTRS Drug Manufacturers Specialty & Generic median
Market cap 13.92b 20.93b 276.90m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack