Biotechnology
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CGON vs IMVT
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
CGON vs IMVT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $5.74B | $5.83B |
| Revenue (TTM) | $4M | $0.00 |
| Net Income (TTM) | $-161M | $-464M |
| Gross Margin | -15.0% | — |
| Operating Margin | -47.2% | — |
| Total Debt | $7M | $98K |
| Cash & Equiv. | $32M | $714M |
CGON vs IMVT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jan 24 | May 26 | Return |
|---|---|---|---|
| CG Oncology, Inc. C… (CGON) | 100 | 182.5 | +82.5% |
| Immunovant, Inc. (IMVT) | 100 | 78.7 | -21.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CGON vs IMVT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CGON carries the broadest edge in this set and is the clearest fit for growth and momentum.
- 254.7% revenue growth vs IMVT's -21.3%
- +213.4% vs IMVT's +107.2%
- -21.8% ROA vs IMVT's -44.1%
IMVT is the clearest fit if your priority is income & stability and growth exposure.
- beta 1.37
- EPS growth -45.2%
- 188.1% 10Y total return vs CGON's 83.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 254.7% revenue growth vs IMVT's -21.3% | |
| Quality / Margins | 3.2% margin vs CGON's -39.9% | |
| Stability / Safety | Beta 1.37 vs CGON's 1.48, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +213.4% vs IMVT's +107.2% | |
| Efficiency (ROA) | -21.8% ROA vs IMVT's -44.1% |
CGON vs IMVT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CGON 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)
CGON and IMVT operate at a comparable scale, with $4M and $0 in trailing revenue.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $4M | $0 |
| EBITDAEarnings before interest/tax | -$189M | -$487M |
| Net IncomeAfter-tax profit | -$161M | -$464M |
| Free Cash FlowCash after capex | -$132M | -$423M |
| Gross MarginGross profit ÷ Revenue | -15.0% | — |
| Operating MarginEBIT ÷ Revenue | -47.2% | — |
| Net MarginNet income ÷ Revenue | -39.9% | — |
| FCF MarginFCF ÷ Revenue | -32.8% | — |
| Rev. Growth (YoY)Latest quarter vs prior year | +4.1% | — |
| EPS Growth (YoY)Latest quarter vs prior year | -6.1% | +19.7% |
Valuation Metrics
Evenly matched — CGON and IMVT each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $5.7B | $5.8B |
| Enterprise ValueMkt cap + debt − cash | $5.7B | $5.1B |
| Trailing P/EPrice ÷ TTM EPS | -32.70x | -10.50x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 1421.40x | — |
| Price / BookPrice ÷ Book value/share | 6.99x | 6.14x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
Evenly matched — CGON and IMVT each lead in 3 of 6 comparable metrics.
Profitability & Efficiency
CGON delivers a -22.9% return on equity — every $100 of shareholder capital generates $-23 in annual profit, vs $-47 for IMVT. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to CGON's 0.01x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -22.9% | -47.1% |
| ROA (TTM)Return on assets | -21.8% | -44.1% |
| ROICReturn on invested capital | -23.8% | — |
| ROCEReturn on capital employed | -25.5% | -66.1% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 2 |
| Debt / EquityFinancial leverage | 0.01x | 0.00x |
| Net DebtTotal debt minus cash | -$25M | -$714M |
| Cash & Equiv.Liquid assets | $32M | $714M |
| Total DebtShort + long-term debt | $7M | $98,000 |
| Interest CoverageEBIT ÷ Interest expense | — | — |
Total Returns (Dividends Reinvested)
CGON leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CGON five years ago would be worth $18,297 today (with dividends reinvested), compared to $17,386 for IMVT. Over the past 12 months, CGON leads with a +213.4% total return vs IMVT's +107.2%. The 3-year compound annual growth rate (CAGR) favors CGON at 22.3% vs IMVT's 14.1% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +62.7% | +10.7% |
| 1-Year ReturnPast 12 months | +213.4% | +107.2% |
| 3-Year ReturnCumulative with dividends | +83.0% | +48.4% |
| 5-Year ReturnCumulative with dividends | +83.0% | +73.9% |
| 10-Year ReturnCumulative with dividends | +83.0% | +188.1% |
| CAGR (3Y)Annualised 3-year return | +22.3% | +14.1% |
Risk & Volatility
IMVT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
IMVT is the less volatile stock with a 1.37 beta — it tends to amplify market swings less than CGON's 1.48 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.48x | 1.37x |
| 52-Week HighHighest price in past year | $73.57 | $30.09 |
| 52-Week LowLowest price in past year | $21.00 | $13.36 |
| % of 52W HighCurrent price vs 52-week peak | +92.4% | +95.3% |
| RSI (14)Momentum oscillator 0–100 | 50.6 | 55.7 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 1.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates CGON as "Buy" and IMVT as "Buy". Consensus price targets imply 58.7% upside for IMVT (target: $46) vs 17.4% for CGON (target: $80).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $79.86 | $45.50 |
| # AnalystsCovering analysts | 9 | 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 (Income & Cash Flow, Risk & Volatility). CGON leads in 1 (Total Returns). 2 tied.
CGON vs IMVT: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is CGON or IMVT a better buy right now?
Analysts rate CG Oncology, Inc.
Common stock (CGON) a "Buy" — based on 9 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 — CGON or IMVT?
Over the past 5 years, CG Oncology, Inc.
Common stock (CGON) delivered a total return of +83. 0%, compared to +73. 9% for Immunovant, Inc. (IMVT). Over 10 years, the gap is even starker: IMVT returned +188. 1% versus CGON's +83. 0%. 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 — CGON or IMVT?
By beta (market sensitivity over 5 years), Immunovant, Inc.
(IMVT) is the lower-risk stock at 1. 37β versus CG Oncology, Inc. Common stock's 1. 48β — meaning CGON is approximately 8% more volatile than IMVT relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 1% for CG Oncology, Inc. Common stock — giving it more financial flexibility in a downturn.
04Which is growing faster — CGON or IMVT?
On earnings-per-share growth, the picture is similar: Immunovant, Inc.
grew EPS -45. 2% year-over-year, compared to -47. 5% for CG Oncology, Inc. Common stock. 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 — CGON or IMVT?
Immunovant, Inc.
(IMVT) is the more profitable company, earning 0. 0% net margin versus -39. 9% for CG Oncology, Inc. Common stock — 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 -47. 2% for CGON. 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 — CGON 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 CGON or IMVT better for a retirement portfolio?
For long-horizon retirement investors, Immunovant, Inc.
(IMVT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+188. 1% 10Y return). Both have compounded well over 10 years (IMVT: +188. 1%, CGON: +83. 0%), 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 CGON 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.
In terms of investment character: CGON is a small-cap high-growth stock; IMVT is a small-cap quality compounder stock. 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.
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