Phathom Pharmaceuticals, Inc. (PHAT) vs Valneva SE Sponsored ADR (VALN)

Phathom Pharmaceuticals, Inc. and Valneva SE Sponsored ADR are both Biotechnology companies. Phathom Pharmaceuticals, Inc. and Valneva SE Sponsored ADR are of similar size ($589.8M and $572.8M). Phathom Pharmaceuticals, Inc. has negative trailing earnings, so its P/E is not meaningful; Valneva SE Sponsored ADR trades at 65.3×. Phathom Pharmaceuticals, Inc. grew revenue faster over the last twelve months: 110.2% against −53.2%. Valneva SE Sponsored ADR has the higher net margin (−12.0% vs −41.3%) and the higher return on invested capital (0.00% vs 0.00%). Across the 15 metrics below, Phathom Pharmaceuticals, Inc. leads on 8 and Valneva SE Sponsored ADR on 7.

Valuation

Metric PHAT VALN Biotechnology median
P/E n/m 65.32 7.88
P/S 2.55 3.33 11.47
P/B n/m 5.80 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m 46.45 0.74
EV/Sales 2.49 3.78 10.73
Earnings yield (17.51%) 1.53% (28.84%)
Free cash flow yield (6.03%) (10.77%) (23.03%)

Profitability

Metric PHAT VALN Biotechnology median
Gross margin 82.92% 38.28% 65.16%
Operating margin (16.96%) 13.56% 0.00%
Net margin (41.34%) (12.01%) 0.00%
Free cash flow margin (15.40%) 0.00% 0.00%
Return on equity 26.42% 0.00% (57.72%)
Return on assets (34.32%) 0.00% (49.22%)
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric PHAT VALN Biotechnology median
Revenue growth (TTM) 110.16% (53.16%) 5.64%
EPS growth (last fiscal year) 42.72% (805.88%) —
Revenue growth, 5-year CAGR — 9.41% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric PHAT VALN Biotechnology median
Debt to equity (0.48) 2.27 0.00
Current ratio 1.92 2.16 4.73
Net debt to EBITDA (0.51) (1.15) 0.96

Dividend

Metric PHAT VALN Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric PHAT VALN Biotechnology median
Market cap 572.78m 589.78m 162.10m

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