Puma Biotechnology, Inc. (PBYI) vs ProKidney Corp. (PROK)

Puma Biotechnology, Inc. and ProKidney Corp. are both Biotechnology companies. Puma Biotechnology, Inc. and ProKidney Corp. are of similar size ($514.0M and $506.9M). ProKidney Corp. has negative trailing earnings, so its P/E is not meaningful; Puma Biotechnology, Inc. trades at 18.1×. Puma Biotechnology, Inc. has the higher net margin (11.6% vs −10,288.4%) and the higher return on invested capital (42.6% vs 0.00%). Across the 14 metrics below, Puma Biotechnology, Inc. leads on 11 and ProKidney Corp. on 3.

Valuation

Metric PBYI PROK Biotechnology median
P/E 18.11 n/m 7.88
P/S 2.15 364.91 11.47
P/B 3.60 n/m 2.52
Price to free cash flow 17.43 n/m 21.16
EV/EBITDA 10.42 n/m 0.74
EV/Sales 1.84 143.78 10.73
Earnings yield 5.52% (34.38%) (28.84%)
Free cash flow yield 5.74% (47.41%) (23.03%)

Profitability

Metric PBYI PROK Biotechnology median
Gross margin 74.83% 100.00% 65.16%
Operating margin 13.16% (21,664.55%) 0.00%
Net margin 11.55% (10,288.39%) 0.00%
Free cash flow margin 17.79% (17,300.61%) 0.00%
Return on equity 21.97% 8.92% (57.72%)
Return on assets 13.78% (27.10%) (49.22%)
Return on invested capital 42.61% 0.00% 0.00%

Growth

Metric PBYI PROK Biotechnology median
Revenue growth (TTM) (2.86%) — 5.64%
EPS growth (last fiscal year) (1.61%) 16.13% —
Revenue growth, 5-year CAGR 0.29% — 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PBYI PROK Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 2.91 8.36 4.73
Net debt to EBITDA (1.60) 1.70 0.96

Dividend

Metric PBYI PROK Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 — 0.00

Size

Metric PBYI PROK Biotechnology median
Market cap 506.91m 513.95m 162.10m

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