Syndax Pharmaceuticals, Inc. (SNDX) vs Tyra Biosciences, Inc. (TYRA)

Syndax Pharmaceuticals, Inc. and Tyra Biosciences, Inc. are both Biotechnology companies. Syndax Pharmaceuticals, Inc. and Tyra Biosciences, Inc. are of similar size ($1.6B and $1.5B). Tyra Biosciences, Inc. has the higher net margin (0.00% vs −87.6%) and the higher return on invested capital (0.00% vs −247.9%). Across the 14 metrics below, Tyra Biosciences, Inc. leads on 10 and Syndax Pharmaceuticals, Inc. on 4.

Valuation

Metric SNDX TYRA Biotechnology median
P/E n/m n/m 7.88
P/S 6.43 n/m 11.47
P/B 107.27 4.07 2.52
Price to free cash flow n/m n/m 21.16
EV/EBITDA n/m n/m 0.74
EV/Sales 6.65 n/m 10.73
Earnings yield (13.79%) (11.01%) (28.84%)
Free cash flow yield (13.64%) (7.64%) (23.03%)

Profitability

Metric SNDX TYRA Biotechnology median
Gross margin 95.78% 0.00% 65.16%
Operating margin (77.05%) 0.00% 0.00%
Net margin (87.60%) 0.00% 0.00%
Free cash flow margin (87.64%) 0.00% 0.00%
Return on equity (255.93%) (45.31%) (57.72%)
Return on assets (33.97%) (42.15%) (49.22%)
Return on invested capital (247.93%) 0.00% 0.00%

Growth

Metric SNDX TYRA Biotechnology median
Revenue growth (TTM) 222.34% — 5.64%
EPS growth (last fiscal year) 11.56% (33.11%) —
Revenue growth, 5-year CAGR 157.68% — 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SNDX TYRA Biotechnology median
Debt to equity 38.95 0.00 0.00
Current ratio 6.77 14.91 4.73
Net debt to EBITDA 0.25 1.94 0.96

Dividend

Metric SNDX TYRA Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric SNDX TYRA Biotechnology median
Market cap 1.60b 1.54b 162.10m

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