Urogen Pharma (URGN) vs Vericel Corporation (VCEL)

Urogen Pharma and Vericel Corporation are both Biotechnology companies. Urogen Pharma and Vericel Corporation are of similar size ($2.0B and $2.0B). Urogen Pharma has negative trailing earnings, so its P/E is not meaningful; Vericel Corporation trades at 82.6×. Urogen Pharma grew revenue faster over the last twelve months: 100.3% against 23.0%. Vericel Corporation has the higher net margin (7.91% vs −51.7%) and the higher return on invested capital (5.49% vs 0.00%). Across the 18 metrics below, Vericel Corporation leads on 13 and Urogen Pharma on 5.

Valuation

Metric URGN VCEL Biotechnology median
P/E n/m 82.63 7.88
P/S 11.04 6.61 11.47
P/B n/m 5.47 2.52
Price to free cash flow n/m 32.85 21.16
EV/EBITDA n/m 62.29 0.74
EV/Sales 11.47 6.36 10.73
Earnings yield (4.79%) 1.21% (28.84%)
Free cash flow yield (7.64%) 3.04% (23.03%)

Profitability

Metric URGN VCEL Biotechnology median
Gross margin 90.85% 74.56% 65.16%
Operating margin (35.32%) 5.95% 0.00%
Net margin (51.73%) 7.91% 0.00%
Free cash flow margin (84.32%) 20.13% 0.00%
Return on equity 86.49% 7.16% (57.72%)
Return on assets (42.33%) 5.16% (49.22%)
Return on invested capital 0.00% 5.49% 0.00%

Growth

Metric URGN VCEL Biotechnology median
Revenue growth (TTM) 100.27% 22.95% 5.64%
EPS growth (last fiscal year) (7.77%) 60.00% —
Revenue growth, 5-year CAGR 56.22% 17.34% 8.40%
Net income growth, 5-year CAGR 0.00% 41.97% 0.00%

Health

Metric URGN VCEL Biotechnology median
Debt to equity (1.45) 0.00 0.00
Current ratio 3.80 5.04 4.73
Net debt to EBITDA 0.00 (6.08) 0.96

Dividend

Metric URGN VCEL Biotechnology median
Dividend yield — — 2.10%
Payout ratio 0.00 0.00 0.00

Size

Metric URGN VCEL Biotechnology median
Market cap 2.02b 2.03b 162.10m

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