Biotechnology
Build Your Comparison
Side-by-side financial analysisStock Comparison
ADAG vs IMVT
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
ADAG vs IMVT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $210M | $6.90B |
| Revenue (TTM) | $103K | $0.00 |
| Net Income (TTM) | $-55M | $-506M |
| Gross Margin | -10.9% | — |
| Operating Margin | -589.5% | — |
| Total Debt | $18M | $72K |
| Cash & Equiv. | $85M | $902M |
ADAG vs IMVT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Feb 21 | Jun 26 | Return |
|---|---|---|---|
| Adagene Inc. (ADAG) | 100 | 14.6 | -85.4% |
| Immunovant, Inc. (IMVT) | 100 | 213.1 | +113.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ADAG vs IMVT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ADAG is the clearest fit if your priority is income & stability and sleep-well-at-night.
- beta 0.73
- Lower volatility, beta 0.73, Low D/E 36.6%, current ratio 2.30x
- Beta 0.73, current ratio 2.30x
IMVT carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- EPS growth -1.5%
- 237.9% 10Y total return vs ADAG's -88.1%
- -22.2% revenue growth vs ADAG's -99.4%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -22.2% revenue growth vs ADAG's -99.4% | |
| Quality / Margins | 2.6% margin vs ADAG's -537.2% | |
| Stability / Safety | Beta 0.73 vs IMVT's 1.66 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +110.9% vs ADAG's +82.1% | |
| Efficiency (ROA) | -62.2% ROA vs ADAG's -83.3% |
ADAG vs IMVT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ADAG vs IMVT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
IMVT leads this category, winning 1 of 1 comparable metric.
Income & Cash Flow (Last 12 Months)
ADAG and IMVT operate at a comparable scale, with $103,204 and $0 in trailing revenue.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $103,204 | $0 |
| EBITDAEarnings before interest/tax | -$59M | -$532M |
| Net IncomeAfter-tax profit | -$55M | -$506M |
| Free Cash FlowCash after capex | -$48M | -$407M |
| Gross MarginGross profit ÷ Revenue | -10.9% | — |
| Operating MarginEBIT ÷ Revenue | -589.5% | — |
| Net MarginNet income ÷ Revenue | -537.2% | — |
| FCF MarginFCF ÷ Revenue | -461.1% | — |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -50.0% | -14.1% |
Valuation Metrics
Evenly matched — ADAG and IMVT each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $210M | $6.9B |
| Enterprise ValueMkt cap + debt − cash | $144M | $6.0B |
| Trailing P/EPrice ÷ TTM EPS | -3.76x | -12.14x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 2037.00x | — |
| Price / BookPrice ÷ Book value/share | 2.55x | 7.19x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
IMVT leads this category, winning 6 of 7 comparable metrics.
Profitability & Efficiency
IMVT delivers a -68.2% return on equity — every $100 of shareholder capital generates $-68 in annual profit, vs $-146 for ADAG. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to ADAG's 0.37x. On the Piotroski fundamental quality scale (0–9), IMVT scores 2/9 vs ADAG's 1/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -146.2% | -68.2% |
| ROA (TTM)Return on assets | -83.3% | -62.2% |
| ROICReturn on invested capital | — | — |
| ROCEReturn on capital employed | -53.1% | -68.3% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 2 |
| Debt / EquityFinancial leverage | 0.37x | 0.00x |
| Net DebtTotal debt minus cash | -$67M | -$902M |
| Cash & Equiv.Liquid assets | $85M | $902M |
| Total DebtShort + long-term debt | $18M | $72,000 |
| Interest CoverageEBIT ÷ Interest expense | -46.92x | — |
Total Returns (Dividends Reinvested)
Evenly matched — ADAG and IMVT each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IMVT five years ago would be worth $31,304 today (with dividends reinvested), compared to $2,627 for ADAG. Over the past 12 months, IMVT leads with a +110.9% total return vs ADAG's +82.1%. The 3-year compound annual growth rate (CAGR) favors ADAG at 42.3% vs IMVT's 15.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +94.0% | +29.8% |
| 1-Year ReturnPast 12 months | +82.1% | +110.9% |
| 3-Year ReturnCumulative with dividends | +187.9% | +55.0% |
| 5-Year ReturnCumulative with dividends | -73.7% | +213.0% |
| 10-Year ReturnCumulative with dividends | -88.1% | +237.9% |
| CAGR (3Y)Annualised 3-year return | +42.3% | +15.7% |
Risk & Volatility
Evenly matched — ADAG and IMVT each lead in 1 of 2 comparable metrics.
Risk & Volatility
ADAG is the less volatile stock with a 0.73 beta — it tends to amplify market swings less than IMVT's 1.66 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IMVT currently trades 92.7% from its 52-week high vs ADAG's 75.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.73x | 1.66x |
| 52-Week HighHighest price in past year | $4.75 | $36.27 |
| 52-Week LowLowest price in past year | $1.30 | $14.32 |
| % of 52W HighCurrent price vs 52-week peak | +75.2% | +92.7% |
| RSI (14)Momentum oscillator 0–100 | 49.9 | 57.9 |
| Avg Volume (50D)Average daily shares traded | 214K | 1.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates ADAG as "Buy" and IMVT as "Buy". Consensus price targets imply 40.1% upside for ADAG (target: $5) vs 29.9% for IMVT (target: $44).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $5.00 | $43.67 |
| # AnalystsCovering analysts | 5 | 23 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
IMVT leads in 2 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 3 categories are tied.
ADAG vs IMVT: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is ADAG or IMVT a better buy right now?
Analysts rate Adagene Inc.
(ADAG) a "Buy" — based on 5 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — ADAG or IMVT?
Over the past 5 years, Immunovant, Inc.
(IMVT) delivered a total return of +213. 0%, compared to -73. 7% for Adagene Inc. (ADAG). Over 10 years, the gap is even starker: IMVT returned +237. 9% versus ADAG's -88. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — ADAG or IMVT?
By beta (market sensitivity over 5 years), Adagene Inc.
(ADAG) is the lower-risk stock at 0. 73β versus Immunovant, Inc. 's 1. 66β — meaning IMVT is approximately 127% more volatile than ADAG relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 37% for Adagene Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — ADAG or IMVT?
On earnings-per-share growth, the picture is similar: Immunovant, Inc.
grew EPS -1. 5% year-over-year, compared to -75. 9% for Adagene Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — ADAG or IMVT?
Immunovant, Inc.
(IMVT) is the more profitable company, earning 0. 0% net margin versus -323. 9% for Adagene Inc. — meaning it keeps 0. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IMVT leads at 0. 0% versus -348. 4% for ADAG. At the gross margin level — before operating expenses — IMVT leads at 0. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — ADAG or IMVT?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is ADAG or IMVT better for a retirement portfolio?
For long-horizon retirement investors, Adagene Inc.
(ADAG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 73)). Immunovant, Inc. (IMVT) carries a higher beta of 1. 66 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ADAG: -88. 1%, IMVT: +237. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between ADAG and IMVT?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.