Relay Therapeutics, Inc. (RLAY) vs Tango Therapeutics, Inc. (TNGX)

Relay Therapeutics, Inc. and Tango Therapeutics, Inc. are both Biotechnology companies. Relay Therapeutics, Inc. and Tango Therapeutics, Inc. are of similar size ($4.2B and $3.9B). Tango Therapeutics, Inc. grew revenue faster over the last twelve months: 48.3% against −74.3%. Tango Therapeutics, Inc. has the higher net margin (0.00% vs −2,594.2%) and the lower return on invested capital (−808.4% vs 0.00%). Across the 16 metrics below, Tango Therapeutics, Inc. leads on 13 and Relay Therapeutics, Inc. on 3.

Valuation

Metric RLAY TNGX Biotechnology median
P/E n/m n/m 7.88
P/S 323.06 59.87 11.47
P/B 4.00 3.65 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales 240.44 43.62 10.73
Earnings yield (8.94%) (3.37%) (28.84%)
Free cash flow yield (5.97%) (3.86%) (23.03%)

Profitability

Metric RLAY TNGX Biotechnology median
Gross margin 100.00% 100.00% 65.16%
Operating margin (2,815.49%) 0.00% 0.00%
Net margin (2,594.20%) 0.00% 0.00%
Free cash flow margin (1,924.59%) 0.00% 0.00%
Return on equity (36.77%) (21.34%) (57.72%)
Return on assets (33.72%) (18.86%) (49.22%)
Return on invested capital 0.00% (808.35%) 0.00%

Growth

Metric RLAY TNGX Biotechnology median
Revenue growth (TTM) (74.29%) 48.29% 5.64%
EPS growth (last fiscal year) 31.78% 26.89% —
Revenue growth, 5-year CAGR (28.58%) 52.13% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric RLAY TNGX Biotechnology median
Debt to equity 0.00 0.00 0.00
Current ratio 18.27 50.82 4.73
Net debt to EBITDA 1.84 3.08 0.96

Dividend

Metric RLAY TNGX Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric RLAY TNGX Biotechnology median
Market cap 3.91b 4.15b 162.10m

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