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Stock Comparison

CADL vs IMVT vs IMCR vs IOVA vs FATE

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

Live fundamentals10-year financials5-year price chart
CADL
Candel Therapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$429M
5Y Perf.+2.6%
IMVT
Immunovant, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$5.53B
5Y Perf.+160.2%
IMCR
Immunocore Holdings plc

Biotechnology

HealthcareNASDAQ • GB
Market Cap$1.55B
5Y Perf.-6.4%
IOVA
Iovance Biotherapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.27B
5Y Perf.-84.1%
FATE
Fate Therapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$280M
5Y Perf.-97.1%

CADL vs IMVT vs IMCR vs IOVA vs FATE — Key Financials

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

Company Snapshot
CADL logoCADL
IMVT logoIMVT
IMCR logoIMCR
IOVA logoIOVA
FATE logoFATE
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnologyBiotechnology
Market Cap$429M$5.53B$1.55B$1.27B$280M
Revenue (TTM)$0.00$0.00$386M$286M$7M
Net Income (TTM)$-9M$-464M$-19M$-354M$-136M
Gross Margin98.8%114.5%
Operating Margin-7.6%-127.2%-22.2%
Total Debt$2M$98K$44M$48M$78M
Cash & Equiv.$120M$714M$468M$163M$47M

CADL vs IMVT vs IMCR vs IOVA vs FATELong-Term Stock Performance

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

CADL
IMVT
IMCR
IOVA
FATE
StockJul 21May 26Return
Candel Therapeutics… (CADL)100102.6+2.6%
Immunovant, Inc. (IMVT)100260.2+160.2%
Immunocore Holdings… (IMCR)10093.6-6.4%
Iovance Biotherapeu… (IOVA)10015.9-84.1%
Fate Therapeutics, … (FATE)1002.9-97.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: CADL vs IMVT vs IMCR vs IOVA vs FATE

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

Bottom line: IMCR leads in 2 of 6 categories (5-stock set), making it the strongest pick for capital preservation and lower volatility and operational efficiency and capital deployment. Candel Therapeutics, Inc. is the stronger pick specifically for growth and revenue expansion. IMVT and FATE also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
CADL
Candel Therapeutics, Inc.
The Growth Leader

CADL is the #2 pick in this set and the best alternative if growth is your priority.

  • 310.2% revenue growth vs FATE's -51.2%
Best for: growth
IMVT
Immunovant, Inc.
The Long-Run Compounder

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

  • 173.6% 10Y total return vs CADL's 11.3%
  • Lower volatility, beta 1.37, Low D/E 0.0%, current ratio 11.16x
  • Beta 1.37, current ratio 11.16x
  • 3.2% margin vs FATE's -20.5%
Best for: long-term compounding and sleep-well-at-night
IMCR
Immunocore Holdings plc
The Income Pick

IMCR carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • beta 0.86
  • Rev growth 20.0%, EPS growth 48.0%, 3Y rev CAGR 27.3%
  • Beta 0.86 vs CADL's 2.30
  • -1.7% ROA vs IMVT's -44.1%
Best for: income & stability and growth exposure
IOVA
Iovance Biotherapeutics, Inc.
The Growth Angle

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

Best for: healthcare exposure
FATE
Fate Therapeutics, Inc.
The Momentum Pick

FATE is the clearest fit if your priority is momentum.

  • +143.0% vs IMCR's +2.3%
Best for: momentum
See the full category breakdown
CategoryWinnerWhy
GrowthCADL logoCADL310.2% revenue growth vs FATE's -51.2%
Quality / MarginsIMVT logoIMVT3.2% margin vs FATE's -20.5%
Stability / SafetyIMCR logoIMCRBeta 0.86 vs CADL's 2.30
DividendsTieNone of these 5 stocks pay a meaningful dividend
Momentum (1Y)FATE logoFATE+143.0% vs IMCR's +2.3%
Efficiency (ROA)IMCR logoIMCR-1.7% ROA vs IMVT's -44.1%

CADL vs IMVT vs IMCR vs IOVA vs FATE — Revenue Breakdown by Segment

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

CADLCandel Therapeutics, Inc.

Segment breakdown not available.

IMVTImmunovant, Inc.

Segment breakdown not available.

IMCRImmunocore Holdings plc
FY 2025
Sale of Therapies
100.0%$400M
IOVAIovance Biotherapeutics, Inc.

Segment breakdown not available.

FATEFate Therapeutics, Inc.
FY 2023
Upfront Fee And Equity Premium
100.0%$31M

CADL vs IMVT vs IMCR vs IOVA vs FATE — Financial Metrics

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

BEST OVERALLIMCRLAGGINGFATE

Income & Cash Flow (Last 12 Months)

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

IMCR and IMVT operate at a comparable scale, with $386M and $0 in trailing revenue. IMCR is the more profitable business, keeping -4.9% of every revenue dollar as net income compared to FATE's -20.5%. On growth, IOVA holds the edge at +44.8% YoY revenue growth, suggesting stronger near-term business momentum.

MetricCADL logoCADLCandel Therapeuti…IMVT logoIMVTImmunovant, Inc.IMCR logoIMCRImmunocore Holdin…IOVA logoIOVAIovance Biotherap…FATE logoFATEFate Therapeutics…
RevenueTrailing 12 months$0$0$386M$286M$7M
EBITDAEarnings before interest/tax-$48M-$487M-$27M-$330M-$148M
Net IncomeAfter-tax profit-$9M-$464M-$19M-$354M-$136M
Free Cash FlowCash after capex-$39M-$423M-$31M-$305M-$88M
Gross MarginGross profit ÷ Revenue+98.8%+114.5%
Operating MarginEBIT ÷ Revenue-7.6%-127.2%-22.2%
Net MarginNet income ÷ Revenue-4.9%-123.9%-20.5%
FCF MarginFCF ÷ Revenue-8.0%-106.8%-13.2%
Rev. Growth (YoY)Latest quarter vs prior year+13.6%+44.8%-26.4%
EPS Growth (YoY)Latest quarter vs prior year-35.0%+19.7%+157.5%+47.2%+38.6%
IMCR leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

Evenly matched — IMCR and IOVA and FATE each lead in 1 of 3 comparable metrics.
MetricCADL logoCADLCandel Therapeuti…IMVT logoIMVTImmunovant, Inc.IMCR logoIMCRImmunocore Holdin…IOVA logoIOVAIovance Biotherap…FATE logoFATEFate Therapeutics…
Market CapShares × price$429M$5.5B$1.6B$1.3B$280M
Enterprise ValueMkt cap + debt − cash$311M$4.8B$1.1B$1.2B$312M
Trailing P/EPrice ÷ TTM EPS-10.82x-9.97x-57.77x-3.26x-2.11x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue5.22x4.82x42.18x
Price / BookPrice ÷ Book value/share7.95x5.83x4.05x1.82x1.39x
Price / FCFMarket cap ÷ FCF
Evenly matched — IMCR and IOVA and FATE each lead in 1 of 3 comparable metrics.

Profitability & Efficiency

IMCR leads this category, winning 5 of 8 comparable metrics.

IMCR delivers a -4.8% return on equity — every $100 of shareholder capital generates $-5 in annual profit, vs $-66 for FATE. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to FATE's 0.38x. On the Piotroski fundamental quality scale (0–9), IMCR scores 5/9 vs FATE's 2/9, reflecting solid financial health.

MetricCADL logoCADLCandel Therapeuti…IMVT logoIMVTImmunovant, Inc.IMCR logoIMCRImmunocore Holdin…IOVA logoIOVAIovance Biotherap…FATE logoFATEFate Therapeutics…
ROE (TTM)Return on equity-11.7%-47.1%-4.8%-50.2%-65.8%
ROA (TTM)Return on assets-8.3%-44.1%-1.7%-38.8%-42.7%
ROICReturn on invested capital-17.2%-48.9%-36.5%
ROCEReturn on capital employed-52.0%-66.1%-4.2%-51.6%-43.1%
Piotroski ScoreFundamental quality 0–922552
Debt / EquityFinancial leverage0.04x0.00x0.11x0.07x0.38x
Net DebtTotal debt minus cash-$118M-$714M-$424M-$115M$31M
Cash & Equiv.Liquid assets$120M$714M$468M$163M$47M
Total DebtShort + long-term debt$2M$98,000$44M$48M$78M
Interest CoverageEBIT ÷ Interest expense-2.04x
IMCR leads this category, winning 5 of 8 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — CADL and IMVT and FATE each lead in 2 of 6 comparable metrics.

A $10,000 investment in IMVT five years ago would be worth $16,241 today (with dividends reinvested), compared to $318 for FATE. Over the past 12 months, FATE leads with a +143.0% total return vs IMCR's +2.3%. The 3-year compound annual growth rate (CAGR) favors CADL at 68.1% vs FATE's -23.6% — a key indicator of consistent wealth creation.

MetricCADL logoCADLCandel Therapeuti…IMVT logoIMVTImmunovant, Inc.IMCR logoIMCRImmunocore Holdin…IOVA logoIOVAIovance Biotherap…FATE logoFATEFate Therapeutics…
YTD ReturnYear-to-date+43.2%+5.1%-9.4%+40.9%+145.5%
1-Year ReturnPast 12 months+71.6%+96.1%+2.3%+13.4%+143.0%
3-Year ReturnCumulative with dividends+375.0%+40.9%-48.9%-49.9%-55.4%
5-Year ReturnCumulative with dividends+11.3%+62.4%-24.0%-87.6%-96.8%
10-Year ReturnCumulative with dividends+11.3%+173.6%-29.1%-34.3%+40.5%
CAGR (3Y)Annualised 3-year return+68.1%+12.1%-20.0%-20.6%-23.6%
Evenly matched — CADL and IMVT and FATE each lead in 2 of 6 comparable metrics.

Risk & Volatility

Evenly matched — IMCR and FATE each lead in 1 of 2 comparable metrics.

IMCR is the less volatile stock with a 0.86 beta — it tends to amplify market swings less than CADL's 2.30 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FATE currently trades 98.6% from its 52-week high vs IOVA's 63.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricCADL logoCADLCandel Therapeuti…IMVT logoIMVTImmunovant, Inc.IMCR logoIMCRImmunocore Holdin…IOVA logoIOVAIovance Biotherap…FATE logoFATEFate Therapeutics…
Beta (5Y)Sensitivity to S&P 5002.30x1.37x0.86x2.01x2.17x
52-Week HighHighest price in past year$7.99$30.09$40.72$5.63$2.46
52-Week LowLowest price in past year$4.34$13.36$27.44$1.64$0.91
% of 52W HighCurrent price vs 52-week peak+97.5%+90.5%+75.2%+63.1%+98.6%
RSI (14)Momentum oscillator 0–10071.160.255.863.181.0
Avg Volume (50D)Average daily shares traded1.5M1.4M409K16.2M1.9M
Evenly matched — IMCR and FATE each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: CADL as "Buy", IMVT as "Buy", IMCR as "Buy", IOVA as "Buy", FATE as "Buy". Consensus price targets imply 1525.5% upside for FATE (target: $40) vs -43.7% for IOVA (target: $2).

MetricCADL logoCADLCandel Therapeuti…IMVT logoIMVTImmunovant, Inc.IMCR logoIMCRImmunocore Holdin…IOVA logoIOVAIovance Biotherap…FATE logoFATEFate Therapeutics…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuyBuy
Price TargetConsensus 12-month target$15.00$45.50$43.00$2.00$39.50
# AnalystsCovering analysts1023142031
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises1
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

IMCR leads in 2 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 3 categories are tied.

Best OverallImmunocore Holdings plc (IMCR)Leads 2 of 6 categories
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CADL vs IMVT vs IMCR vs IOVA vs FATE: Key Questions Answered

8 questions · data-driven answers · updated daily

01

Is CADL or IMVT or IMCR or IOVA or FATE a better buy right now?

For growth investors, Iovance Biotherapeutics, Inc.

(IOVA) is the stronger pick with 60. 6% revenue growth year-over-year, versus -51. 2% for Fate Therapeutics, Inc. (FATE). Analysts rate Candel Therapeutics, Inc. (CADL) a "Buy" — based on 10 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 — CADL or IMVT or IMCR or IOVA or FATE?

Over the past 5 years, Immunovant, Inc.

(IMVT) delivered a total return of +62. 4%, compared to -96. 8% for Fate Therapeutics, Inc. (FATE). Over 10 years, the gap is even starker: IMVT returned +173. 6% versus IOVA's -34. 3%. 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 — CADL or IMVT or IMCR or IOVA or FATE?

By beta (market sensitivity over 5 years), Immunocore Holdings plc (IMCR) is the lower-risk stock at 0.

86β versus Candel Therapeutics, Inc. 's 2. 30β — meaning CADL is approximately 167% more volatile than IMCR relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 38% for Fate Therapeutics, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — CADL or IMVT or IMCR or IOVA or FATE?

By revenue growth (latest reported year), Iovance Biotherapeutics, Inc.

(IOVA) is pulling ahead at 60. 6% versus -51. 2% for Fate Therapeutics, Inc. (FATE). On earnings-per-share growth, the picture is similar: Candel Therapeutics, Inc. grew EPS 58. 6% year-over-year, compared to -45. 2% for Immunovant, Inc.. Over a 3-year CAGR, IMCR leads at 27. 3% 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 — CADL or IMVT or IMCR or IOVA or FATE?

Candel Therapeutics, Inc.

(CADL) is the more profitable company, earning 0. 0% net margin versus -20. 5% for Fate Therapeutics, Inc. — meaning it keeps 0. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CADL leads at 0. 0% versus -22. 2% for FATE. At the gross margin level — before operating expenses — IMCR leads at 97. 9%, 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 — CADL or IMVT or IMCR or IOVA or FATE?

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 CADL or IMVT or IMCR or IOVA or FATE better for a retirement portfolio?

For long-horizon retirement investors, Immunocore Holdings plc (IMCR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

86)). Iovance Biotherapeutics, Inc. (IOVA) carries a higher beta of 2. 01 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (IMCR: -29. 1%, IOVA: -34. 3%), 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 CADL and IMVT and IMCR and IOVA and FATE?

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: CADL is a small-cap quality compounder stock; IMVT is a small-cap quality compounder stock; IMCR is a small-cap high-growth stock; IOVA is a small-cap high-growth stock; FATE 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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