Vaxcyte, Inc. (PCVX) vs Bio-Techne Corp (TECH)

Vaxcyte, Inc. and Bio-Techne Corp are both Biotechnology companies. Bio-Techne Corp is the larger, with a market value of $11.4B against $10.3B — 1.1× the size. Vaxcyte, Inc. has negative trailing earnings, so its P/E is not meaningful; Bio-Techne Corp trades at 62.0×. Bio-Techne Corp has the higher net margin (15.0% vs 0.00%) and the higher return on invested capital (7.70% vs −57.3%). Across the 15 metrics below, Bio-Techne Corp leads on 12 and Vaxcyte, Inc. on 3.

Valuation

Metric PCVX TECH Biotechnology median
P/E n/m 62.00 8.50
P/S n/m 9.31 9.71
P/B 3.33 5.37 2.13
Price to free cash flow n/m 42.98 20.82
EV/EBITDA n/m 32.24 0.64
EV/Sales n/m 9.27 9.21
Earnings yield (11.99%) 1.61% (33.15%)
Free cash flow yield (9.73%) 2.33% (25.50%)

Profitability

Metric PCVX TECH Biotechnology median
Gross margin 0.00% 65.77% 65.16%
Operating margin 0.00% 20.73% 0.00%
Net margin 0.00% 14.97% 0.00%
Free cash flow margin 0.00% 21.66% 0.00%
Return on equity (36.51%) 9.03% (56.36%)
Return on assets (33.03%) 7.07% (48.04%)
Return on invested capital (57.30%) 7.70% 0.00%

Growth

Metric PCVX TECH Biotechnology median
Revenue growth (TTM) — (0.38%) 6.02%
EPS growth (last fiscal year) (48.16%) 152.17% 30.26%
Revenue growth, 5-year CAGR — 5.47% 9.41%
Net income growth, 5-year CAGR 0.00% 5.31% 0.00%

Health

Metric PCVX TECH Biotechnology median
Debt to equity 0.00 0.09 0.00
Current ratio 5.72 4.55 4.72
Net debt to EBITDA 1.71 (0.19) 0.96

Dividend

Metric PCVX TECH Biotechnology median
Dividend yield — 0.44% 0.09%
Payout ratio — 0.28 —

Size

Metric PCVX TECH Biotechnology median
Market cap 10.27b 11.37b 135.18m

Compare with another peer

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