Pelthos Therapeutics Inc. (PTHS) vs VAXART, INC. (VXRT)

Pelthos Therapeutics Inc. and VAXART, INC. are both Biotechnology companies. Pelthos Therapeutics Inc. and VAXART, INC. are of similar size ($92.4M and $85.8M). Pelthos Therapeutics Inc. has negative trailing earnings, so its P/E is not meaningful; VAXART, INC. trades at 2.8×. VAXART, INC. has the higher net margin (15.9% vs −199.5%) and the higher return on invested capital (134.6% vs −82.3%). Across the 15 metrics below, VAXART, INC. leads on 12 and Pelthos Therapeutics Inc. on 3.

Valuation

Metric PTHS VXRT Biotechnology median
P/E n/m 2.81 7.88
P/S 1.82 0.45 11.47
P/B n/m 1.32 2.52
Price to free cash flow n/m 3.26 21.16
EV/EBITDA n/m 1.49 0.74
EV/Sales 2.92 0.28 10.73
Earnings yield (128.97%) 35.56% (28.84%)
Free cash flow yield (54.04%) 30.65% (23.03%)

Profitability

Metric PTHS VXRT Biotechnology median
Gross margin 78.59% 100.00% 65.16%
Operating margin (133.42%) 16.30% 0.00%
Net margin (199.50%) 15.88% 0.00%
Free cash flow margin (98.37%) 13.74% 0.00%
Return on equity 2,161.07% 66.97% (57.72%)
Return on assets (125.04%) 23.44% (49.22%)
Return on invested capital (82.34%) 134.59% 0.00%

Growth

Metric PTHS VXRT Biotechnology median
Revenue growth (TTM) — 201.10% 5.64%
EPS growth (last fiscal year) (61.12%) 121.21% —
Revenue growth, 5-year CAGR — 125.76% 8.40%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric PTHS VXRT Biotechnology median
Debt to equity (46.58) 0.00 0.00
Current ratio 1.98 1.60 4.73
Net debt to EBITDA (0.45) (2.42) 0.96

Dividend

Metric PTHS VXRT Biotechnology median
Dividend yield — 3.63% 2.10%
Payout ratio — 0.00 0.00

Size

Metric PTHS VXRT Biotechnology median
Market cap 85.76m 92.41m 162.10m

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