Build Your Comparison

Side-by-side financial analysis
ADAG logo
ADAG
ZLAB logo
ZLAB
BCAB logo
BCAB
IMVT logo
IMVT
RCUS logo
RCUS
Try popular comparisons:

Stock Comparison

ADAG vs ZLAB vs BCAB vs IMVT vs RCUS

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
ADAG
Adagene Inc.

Biotechnology

HealthcareNASDAQ • CN
Market Cap$210M
5Y Perf.-85.4%
ZLAB
Zai Lab Limited

Biotechnology

HealthcareNASDAQ • CN
Market Cap$1.89B
5Y Perf.-88.4%
BCAB
BioAtla, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$5M
5Y Perf.-99.9%
IMVT
Immunovant, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$6.90B
5Y Perf.+113.1%
RCUS
Arcus Biosciences, Inc.

Biotechnology

HealthcareNYSE • US
Market Cap$2.40B
5Y Perf.-32.5%

ADAG vs ZLAB vs BCAB vs IMVT vs RCUS — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
ADAG logoADAG
ZLAB logoZLAB
BCAB logoBCAB
IMVT logoIMVT
RCUS logoRCUS
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnologyBiotechnology
Market Cap$210M$1.89B$5M$6.90B$2.40B
Revenue (TTM)$103K$453M$2M$0.00$236M
Net Income (TTM)$-55M$-178M$-51M$-506M$-369M
Gross Margin-10.9%57.9%106.0%90.7%
Operating Margin-589.5%-53.5%-25.2%-168.6%
Total Debt$18M$224M$6M$72K$99M
Cash & Equiv.$85M$680M$7M$902M$222M

ADAG vs ZLAB vs BCAB vs IMVT vs RCUSLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

ADAG
ZLAB
BCAB
IMVT
RCUS
StockFeb 21Jun 26Return
Adagene Inc. (ADAG)10014.6-85.4%
Zai Lab Limited (ZLAB)10011.6-88.4%
BioAtla, Inc. (BCAB)1000.1-99.9%
Immunovant, Inc. (IMVT)100213.1+113.1%
Arcus Biosciences, … (RCUS)10067.5-32.5%

Price return only. Dividends and distributions are not included.

Quick Verdict: ADAG vs ZLAB vs BCAB vs IMVT vs RCUS

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: ZLAB leads in 2 of 6 categories (5-stock set), making it the strongest pick for growth and revenue expansion and operational efficiency and capital deployment. BioAtla, Inc. is the stronger pick specifically for capital preservation and lower volatility. IMVT and RCUS also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
🥇ZLAB emerged as the overall leader. Track its performance:
ADAG
Adagene Inc.
The Lower-Volatility Pick

Among these 5 stocks, ADAG doesn't own a clear edge in any measured category.

Best for: healthcare exposure
ZLAB
Zai Lab Limited
The Growth Play

ZLAB carries the broadest edge in this set and is the clearest fit for growth exposure.

  • Rev growth 15.3%, EPS growth 38.5%, 3Y rev CAGR 28.9%
  • 15.3% revenue growth vs ADAG's -99.4%
  • -15.5% ROA vs BCAB's -309.4%
Best for: growth exposure
BCAB
BioAtla, Inc.
The Income Pick

BCAB is the #2 pick in this set and the best alternative if income & stability is your priority.

  • beta 0.25
  • Beta 0.25 vs RCUS's 2.00
Best for: income & stability
IMVT
Immunovant, Inc.
The Long-Run Compounder

IMVT ranks third and is worth considering specifically for long-term compounding and sleep-well-at-night.

  • 237.9% 10Y total return vs RCUS's 40.0%
  • Lower volatility, beta 1.66, Low D/E 0.0%, current ratio 9.09x
  • Beta 1.66, current ratio 9.09x
  • 2.6% margin vs ADAG's -537.2%
Best for: long-term compounding and sleep-well-at-night
RCUS
Arcus Biosciences, Inc.
The Momentum Pick

RCUS is the clearest fit if your priority is momentum.

  • +154.5% vs BCAB's -82.0%
Best for: momentum
See the full category breakdown
CategoryWinnerWhy
GrowthZLAB logoZLAB15.3% revenue growth vs ADAG's -99.4%
Quality / MarginsIMVT logoIMVT2.6% margin vs ADAG's -537.2%
Stability / SafetyBCAB logoBCABBeta 0.25 vs RCUS's 2.00
DividendsTieNone of these 5 stocks pay a meaningful dividend
Momentum (1Y)RCUS logoRCUS+154.5% vs BCAB's -82.0%
Efficiency (ROA)ZLAB logoZLAB-15.5% ROA vs BCAB's -309.4%

ADAG vs ZLAB vs BCAB vs IMVT vs RCUS — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ADAGAdagene Inc.
FY 2020
Service
63.9%$398,883
License
36.1%$225,000
ZLABZai Lab Limited
FY 2025
Zejula
56.5%$189M
Nuzyra
18.2%$61M
Optune
14.4%$48M
Qinlock
10.6%$36M
Product and Service, Other
0.2%$717,000
BCABBioAtla, Inc.

Segment breakdown not available.

IMVTImmunovant, Inc.

Segment breakdown not available.

RCUSArcus Biosciences, Inc.
FY 2025
License And Development Services
87.4%$221M
Development Services
6.7%$17M
R&D Services
3.2%$8M
License
2.8%$7M

ADAG vs ZLAB vs BCAB vs IMVT vs RCUS — Financial Metrics

Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLZLABLAGGINGRCUS

Income & Cash Flow (Last 12 Months)

ZLAB leads this category, winning 4 of 6 comparable metrics.

ZLAB and IMVT operate at a comparable scale, with $453M and $0 in trailing revenue. ZLAB is the more profitable business, keeping -39.3% of every revenue dollar as net income compared to ADAG's -537.2%. On growth, ZLAB holds the edge at -6.5% YoY revenue growth, suggesting stronger near-term business momentum.

MetricADAG logoADAGAdagene Inc.ZLAB logoZLABZai Lab LimitedBCAB logoBCABBioAtla, Inc.IMVT logoIMVTImmunovant, Inc.RCUS logoRCUSArcus Biosciences…
RevenueTrailing 12 months$103,204$453M$2M$0$236M
EBITDAEarnings before interest/tax-$59M-$227M-$51M-$532M-$391M
Net IncomeAfter-tax profit-$55M-$178M-$51M-$506M-$369M
Free Cash FlowCash after capex-$48M-$129M-$23M-$407M-$489M
Gross MarginGross profit ÷ Revenue-10.9%+57.9%+106.0%+90.7%
Operating MarginEBIT ÷ Revenue-589.5%-53.5%-25.2%-168.6%
Net MarginNet income ÷ Revenue-537.2%-39.3%-25.3%-156.4%
FCF MarginFCF ÷ Revenue-461.1%-28.5%-11.5%-2.1%
Rev. Growth (YoY)Latest quarter vs prior year-6.5%-39.3%
EPS Growth (YoY)Latest quarter vs prior year-50.0%-11.1%+67.5%-14.1%+10.5%
ZLAB leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

Evenly matched — ADAG and BCAB and IMVT each lead in 1 of 3 comparable metrics.
MetricADAG logoADAGAdagene Inc.ZLAB logoZLABZai Lab LimitedBCAB logoBCABBioAtla, Inc.IMVT logoIMVTImmunovant, Inc.RCUS logoRCUSArcus Biosciences…
Market CapShares × price$210M$1.9B$5M$6.9B$2.4B
Enterprise ValueMkt cap + debt − cash$144M$1.4B$4M$6.0B$2.3B
Trailing P/EPrice ÷ TTM EPS-3.76x-10.67x-0.08x-12.14x-7.23x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue2037.00x4.11x2.43x9.70x
Price / BookPrice ÷ Book value/share2.55x2.61x7.19x4.05x
Price / FCFMarket cap ÷ FCF
Evenly matched — ADAG and BCAB and IMVT each lead in 1 of 3 comparable metrics.

Profitability & Efficiency

ZLAB leads this category, winning 5 of 9 comparable metrics.

ZLAB delivers a -24.3% return on equity — every $100 of shareholder capital generates $-24 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), ZLAB scores 3/9 vs RCUS's 0/9, reflecting mixed financial health.

MetricADAG logoADAGAdagene Inc.ZLAB logoZLABZai Lab LimitedBCAB logoBCABBioAtla, Inc.IMVT logoIMVTImmunovant, Inc.RCUS logoRCUSArcus Biosciences…
ROE (TTM)Return on equity-146.2%-24.3%-68.2%-69.0%
ROA (TTM)Return on assets-83.3%-15.5%-3.1%-62.2%-35.3%
ROICReturn on invested capital-41.7%-64.1%
ROCEReturn on capital employed-53.1%-27.2%-4.0%-68.3%-42.1%
Piotroski ScoreFundamental quality 0–913220
Debt / EquityFinancial leverage0.37x0.31x0.00x0.16x
Net DebtTotal debt minus cash-$67M-$455M-$918,000-$902M-$123M
Cash & Equiv.Liquid assets$85M$680M$7M$902M$222M
Total DebtShort + long-term debt$18M$224M$6M$72,000$99M
Interest CoverageEBIT ÷ Interest expense-46.92x-30.73x-13.38x
ZLAB leads this category, winning 5 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

ADAG leads this category, winning 3 of 6 comparable metrics.

A $10,000 investment in IMVT five years ago would be worth $31,304 today (with dividends reinvested), compared to $19 for BCAB. Over the past 12 months, RCUS leads with a +154.5% total return vs BCAB's -82.0%. The 3-year compound annual growth rate (CAGR) favors ADAG at 42.3% vs BCAB's -72.6% — a key indicator of consistent wealth creation.

MetricADAG logoADAGAdagene Inc.ZLAB logoZLABZai Lab LimitedBCAB logoBCABBioAtla, Inc.IMVT logoIMVTImmunovant, Inc.RCUS logoRCUSArcus Biosciences…
YTD ReturnYear-to-date+94.0%-1.5%-85.5%+29.8%+2.2%
1-Year ReturnPast 12 months+82.1%-60.3%-82.0%+110.9%+154.5%
3-Year ReturnCumulative with dividends+187.9%-38.2%-97.9%+55.0%+18.3%
5-Year ReturnCumulative with dividends-73.7%-90.0%-99.8%+213.0%-3.1%
10-Year ReturnCumulative with dividends-88.1%-38.9%-99.8%+237.9%+40.0%
CAGR (3Y)Annualised 3-year return+42.3%-14.8%-72.6%+15.7%+5.8%
ADAG leads this category, winning 3 of 6 comparable metrics.

Risk & Volatility

Evenly matched — BCAB and IMVT each lead in 1 of 2 comparable metrics.

BCAB is the less volatile stock with a 0.25 beta — it tends to amplify market swings less than RCUS's 2.00 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 BCAB's 5.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricADAG logoADAGAdagene Inc.ZLAB logoZLABZai Lab LimitedBCAB logoBCABBioAtla, Inc.IMVT logoIMVTImmunovant, Inc.RCUS logoRCUSArcus Biosciences…
Beta (5Y)Sensitivity to S&P 5000.73x1.15x0.25x1.66x2.00x
52-Week HighHighest price in past year$4.75$44.34$71.50$36.27$28.72
52-Week LowLowest price in past year$1.30$15.96$0.33$14.32$7.91
% of 52W HighCurrent price vs 52-week peak+75.2%+38.5%+5.4%+92.7%+82.9%
RSI (14)Momentum oscillator 0–10049.943.441.657.946.5
Avg Volume (50D)Average daily shares traded214K842K45K1.9M1.1M
Evenly matched — BCAB and IMVT each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: ADAG as "Buy", ZLAB as "Buy", BCAB as "Buy", IMVT as "Buy", RCUS as "Buy". Consensus price targets imply 6376.7% upside for BCAB (target: $250) vs 29.9% for IMVT (target: $44).

MetricADAG logoADAGAdagene Inc.ZLAB logoZLABZai Lab LimitedBCAB logoBCABBioAtla, Inc.IMVT logoIMVTImmunovant, Inc.RCUS logoRCUSArcus Biosciences…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuyBuy
Price TargetConsensus 12-month target$5.00$35.00$250.00$43.67$31.00
# AnalystsCovering analysts51192318
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%0.0%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

ZLAB leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). ADAG leads in 1 (Total Returns). 2 tied.

Best OverallZai Lab Limited (ZLAB)Leads 2 of 6 categories
Loading custom metrics...

ADAG vs ZLAB vs BCAB vs IMVT vs RCUS: Key Questions Answered

8 questions · data-driven answers · updated daily

01

Is ADAG or ZLAB or BCAB or IMVT or RCUS a better buy right now?

For growth investors, Zai Lab Limited (ZLAB) is the stronger pick with 15.

3% revenue growth year-over-year, versus -99. 4% for Adagene Inc. (ADAG). 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.

02

Which is the better long-term investment — ADAG or ZLAB or BCAB or IMVT or RCUS?

Over the past 5 years, Immunovant, Inc.

(IMVT) delivered a total return of +213. 0%, compared to -99. 8% for BioAtla, Inc. (BCAB). Over 10 years, the gap is even starker: IMVT returned +237. 9% versus BCAB's -99. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — ADAG or ZLAB or BCAB or IMVT or RCUS?

By beta (market sensitivity over 5 years), BioAtla, Inc.

(BCAB) is the lower-risk stock at 0. 25β versus Arcus Biosciences, Inc. 's 2. 00β — meaning RCUS is approximately 687% more volatile than BCAB 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.

04

Which is growing faster — ADAG or ZLAB or BCAB or IMVT or RCUS?

By revenue growth (latest reported year), Zai Lab Limited (ZLAB) is pulling ahead at 15.

3% versus -99. 4% for Adagene Inc. (ADAG). On earnings-per-share growth, the picture is similar: Zai Lab Limited grew EPS 38. 5% year-over-year, compared to -75. 9% for Adagene Inc.. Over a 3-year CAGR, RCUS leads at 30. 2% annualised revenue growth. 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.

05

Which has better profit margins — ADAG or ZLAB or BCAB or IMVT or RCUS?

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 — BCAB leads at 100. 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.

06

Which pays a better dividend — ADAG or ZLAB or BCAB or IMVT or RCUS?

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.

07

Is ADAG or ZLAB or BCAB or IMVT or RCUS better for a retirement portfolio?

For long-horizon retirement investors, BioAtla, Inc.

(BCAB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 25)). Arcus Biosciences, Inc. (RCUS) carries a higher beta of 2. 00 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (BCAB: -99. 8%, RCUS: +40. 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.

08

What are the main differences between ADAG and ZLAB and BCAB and IMVT and RCUS?

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: ADAG is a small-cap quality compounder stock; ZLAB is a small-cap high-growth stock; BCAB is a small-cap quality compounder stock; IMVT is a small-cap quality compounder stock; RCUS 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.

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.