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ASND vs IONS
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
ASND vs IONS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $14.48B | $12.70B |
| Revenue (TTM) | $718M | $1.06B |
| Net Income (TTM) | $-228M | $-327M |
| Gross Margin | 86.3% | 98.3% |
| Operating Margin | -19.0% | -33.3% |
| Forward P/E | 59.2x | — |
| Total Debt | $871M | $2.61B |
| Cash & Equiv. | $616M | $372M |
ASND vs IONS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Ascendis Pharma A/S (ASND) | 100 | 162.1 | +62.1% |
| Ionis Pharmaceutica… (IONS) | 100 | 136.7 | +36.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ASND vs IONS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ASND is the clearest fit if your priority is income & stability and growth exposure.
- beta 0.33
- Rev growth 90.2%, EPS growth 44.6%, 3Y rev CAGR 138.2%
- 13.7% 10Y total return vs IONS's 126.0%
IONS carries the broadest edge in this set and is the clearest fit for quality and momentum.
- -30.9% margin vs ASND's -31.7%
- +141.2% vs ASND's +44.9%
- -10.1% ROA vs ASND's -19.8%, ROIC -12.8% vs -69.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 90.2% revenue growth vs IONS's 33.9% | |
| Quality / Margins | -30.9% margin vs ASND's -31.7% | |
| Stability / Safety | Beta 0.33 vs IONS's 0.55 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +141.2% vs ASND's +44.9% | |
| Efficiency (ROA) | -10.1% ROA vs ASND's -19.8%, ROIC -12.8% vs -69.1% |
ASND vs IONS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ASND vs IONS — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
IONS leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IONS and ASND operate at a comparable scale, with $1.1B and $718M in trailing revenue. Profitability is closely matched — net margins range from -30.9% (IONS) to -31.7% (ASND). On growth, IONS holds the edge at +87.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $718M | $1.1B |
| EBITDAEarnings before interest/tax | -$119M | $4.5B |
| Net IncomeAfter-tax profit | -$228M | -$327M |
| Free Cash FlowCash after capex | $43M | -$971M |
| Gross MarginGross profit ÷ Revenue | +86.3% | +98.3% |
| Operating MarginEBIT ÷ Revenue | -19.0% | -33.3% |
| Net MarginNet income ÷ Revenue | -31.7% | -30.9% |
| FCF MarginFCF ÷ Revenue | +6.0% | -91.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +41.0% | +87.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +15.6% | +39.8% |
Valuation Metrics
Evenly matched — ASND and IONS each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $14.5B | $12.7B |
| Enterprise ValueMkt cap + debt − cash | $14.8B | $14.9B |
| Trailing P/EPrice ÷ TTM EPS | -55.53x | -32.29x |
| Forward P/EPrice ÷ next-FY EPS est. | 59.22x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 17.84x | 13.45x |
| Price / BookPrice ÷ Book value/share | — | 25.14x |
| Price / FCFMarket cap ÷ FCF | 282.86x | — |
Profitability & Efficiency
ASND leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), ASND scores 5/9 vs IONS's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | — | -58.6% |
| ROA (TTM)Return on assets | -19.8% | -10.1% |
| ROICReturn on invested capital | -69.1% | -12.8% |
| ROCEReturn on capital employed | -51.9% | -14.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 |
| Debt / EquityFinancial leverage | — | 5.35x |
| Net DebtTotal debt minus cash | $256M | $2.2B |
| Cash & Equiv.Liquid assets | $616M | $372M |
| Total DebtShort + long-term debt | $871M | $2.6B |
| Interest CoverageEBIT ÷ Interest expense | -0.62x | -3.64x |
Total Returns (Dividends Reinvested)
ASND leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IONS five years ago would be worth $20,587 today (with dividends reinvested), compared to $17,750 for ASND. Over the past 12 months, IONS leads with a +141.2% total return vs ASND's +44.9%. The 3-year compound annual growth rate (CAGR) favors ASND at 35.3% vs IONS's 29.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +10.6% | -3.5% |
| 1-Year ReturnPast 12 months | +44.9% | +141.2% |
| 3-Year ReturnCumulative with dividends | +147.7% | +118.4% |
| 5-Year ReturnCumulative with dividends | +77.5% | +105.9% |
| 10-Year ReturnCumulative with dividends | +1367.0% | +126.0% |
| CAGR (3Y)Annualised 3-year return | +35.3% | +29.8% |
Risk & Volatility
ASND leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ASND is the less volatile stock with a 0.33 beta — it tends to amplify market swings less than IONS's 0.55 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ASND currently trades 94.1% from its 52-week high vs IONS's 88.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.33x | 0.55x |
| 52-Week HighHighest price in past year | $250.74 | $86.74 |
| 52-Week LowLowest price in past year | $150.89 | $31.66 |
| % of 52W HighCurrent price vs 52-week peak | +94.1% | +88.6% |
| RSI (14)Momentum oscillator 0–100 | 46.4 | 52.5 |
| Avg Volume (50D)Average daily shares traded | 659K | 2.1M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates ASND as "Buy" and IONS as "Buy". Consensus price targets imply 39.6% upside for IONS (target: $107) vs 21.7% for ASND (target: $287).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $287.17 | $107.27 |
| # AnalystsCovering analysts | 24 | 32 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | 0.0% |
ASND leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). IONS leads in 1 (Income & Cash Flow). 1 tied.
ASND vs IONS: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is ASND or IONS a better buy right now?
For growth investors, Ascendis Pharma A/S (ASND) is the stronger pick with 90.
2% revenue growth year-over-year, versus 33. 9% for Ionis Pharmaceuticals, Inc. (IONS). Analysts rate Ascendis Pharma A/S (ASND) a "Buy" — based on 24 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 — ASND or IONS?
Over the past 5 years, Ionis Pharmaceuticals, Inc.
(IONS) delivered a total return of +105. 9%, compared to +77. 5% for Ascendis Pharma A/S (ASND). Over 10 years, the gap is even starker: ASND returned +1367% versus IONS's +126. 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 — ASND or IONS?
By beta (market sensitivity over 5 years), Ascendis Pharma A/S (ASND) is the lower-risk stock at 0.
33β versus Ionis Pharmaceuticals, Inc. 's 0. 55β — meaning IONS is approximately 65% more volatile than ASND relative to the S&P 500.
04Which is growing faster — ASND or IONS?
By revenue growth (latest reported year), Ascendis Pharma A/S (ASND) is pulling ahead at 90.
2% versus 33. 9% for Ionis Pharmaceuticals, Inc. (IONS). On earnings-per-share growth, the picture is similar: Ascendis Pharma A/S grew EPS 44. 6% year-over-year, compared to 21. 7% for Ionis Pharmaceuticals, Inc.. Over a 3-year CAGR, ASND leads at 138. 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.
05Which has better profit margins — ASND or IONS?
Ascendis Pharma A/S (ASND) is the more profitable company, earning -31.
7% net margin versus -40. 4% for Ionis Pharmaceuticals, Inc. — meaning it keeps -31. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ASND leads at -18. 9% versus -40. 5% for IONS. At the gross margin level — before operating expenses — IONS leads at 98. 3%, 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.
06Is ASND or IONS more undervalued right now?
Analyst consensus price targets imply the most upside for IONS: 39.
6% to $107. 27.
07Which pays a better dividend — ASND or IONS?
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.
08Is ASND or IONS better for a retirement portfolio?
For long-horizon retirement investors, Ascendis Pharma A/S (ASND) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
33), +1367% 10Y return). Both have compounded well over 10 years (ASND: +1367%, IONS: +126. 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.
09What are the main differences between ASND and IONS?
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.
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