Biotechnology
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CLDX vs IMVT vs ARDX vs RCUS
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Biotechnology
CLDX vs IMVT vs ARDX vs RCUS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Biotechnology |
| Market Cap | $2.22B | $5.53B | $1.71B | $2.50B |
| Revenue (TTM) | $2M | $0.00 | $428M | $236M |
| Net Income (TTM) | $-259M | $-464M | $-58M | $-369M |
| Gross Margin | 100.0% | — | 91.9% | 90.7% |
| Operating Margin | -191.6% | — | -8.7% | -168.6% |
| Total Debt | $2M | $98K | $212M | $99M |
| Cash & Equiv. | $29M | $714M | $68M | $222M |
CLDX vs IMVT vs ARDX vs RCUS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Celldex Therapeutic… (CLDX) | 100 | 1247.9 | +1147.9% |
| Immunovant, Inc. (IMVT) | 100 | 106.1 | +6.1% |
| Ardelyx, Inc. (ARDX) | 100 | 381.4 | +281.4% |
| Arcus Biosciences, … (RCUS) | 100 | 79.1 | -20.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CLDX vs IMVT vs ARDX vs RCUS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CLDX lags the leaders in this set but could rank higher in a more targeted comparison.
IMVT is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.
- 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 CLDX's -172.5%
ARDX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 0.87
- Rev growth 22.1%, EPS growth -52.9%, 3Y rev CAGR 98.4%
- 263.5% 10Y total return vs IMVT's 173.6%
- 22.1% revenue growth vs CLDX's -78.6%
RCUS is the clearest fit if your priority is momentum.
- +209.6% vs CLDX's +76.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 22.1% revenue growth vs CLDX's -78.6% | |
| Quality / Margins | 3.2% margin vs CLDX's -172.5% | |
| Stability / Safety | Beta 0.87 vs RCUS's 1.95 | |
| Dividends | Tie | None of these 4 stocks pay a meaningful dividend |
| Momentum (1Y) | +209.6% vs CLDX's +76.2% | |
| Efficiency (ROA) | -11.8% ROA vs IMVT's -44.1% |
CLDX vs IMVT vs ARDX vs RCUS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CLDX vs IMVT vs ARDX vs RCUS — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
ARDX leads in 4 of 6 categories
CLDX leads 0 • IMVT leads 0 • RCUS leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
ARDX leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ARDX and IMVT operate at a comparable scale, with $428M and $0 in trailing revenue. ARDX is the more profitable business, keeping -13.6% of every revenue dollar as net income compared to CLDX's -172.5%. On growth, ARDX holds the edge at +27.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $2M | $0 | $428M | $236M |
| EBITDAEarnings before interest/tax | -$284M | -$487M | -$35M | -$391M |
| Net IncomeAfter-tax profit | -$259M | -$464M | -$58M | -$369M |
| Free Cash FlowCash after capex | -$213M | -$423M | -$37M | -$489M |
| Gross MarginGross profit ÷ Revenue | +100.0% | — | +91.9% | +90.7% |
| Operating MarginEBIT ÷ Revenue | -191.6% | — | -8.7% | -168.6% |
| Net MarginNet income ÷ Revenue | -172.5% | — | -13.6% | -156.4% |
| FCF MarginFCF ÷ Revenue | -142.2% | — | -8.8% | -2.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -93.6% | — | +27.5% | -39.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -73.2% | +19.7% | +11.8% | +10.5% |
Valuation Metrics
ARDX leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $2.2B | $5.5B | $1.7B | $2.5B |
| Enterprise ValueMkt cap + debt − cash | $2.2B | $4.8B | $1.9B | $2.4B |
| Trailing P/EPrice ÷ TTM EPS | -8.54x | -9.97x | -26.85x | -7.54x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | — | — |
| Price / SalesMarket cap ÷ Revenue | 1477.19x | — | 4.20x | 10.11x |
| Price / BookPrice ÷ Book value/share | 4.20x | 5.83x | 10.08x | 4.22x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — |
Profitability & Efficiency
ARDX leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
ARDX delivers a -38.1% return on equity — every $100 of shareholder capital generates $-38 in annual profit, vs $-69 for RCUS. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to ARDX's 1.27x. On the Piotroski fundamental quality scale (0–9), CLDX scores 3/9 vs RCUS's 0/9, reflecting mixed financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -41.7% | -47.1% | -38.1% | -69.0% |
| ROA (TTM)Return on assets | -38.9% | -44.1% | -11.8% | -35.3% |
| ROICReturn on invested capital | -35.2% | — | -10.7% | -64.1% |
| ROCEReturn on capital employed | -44.7% | -66.1% | -10.6% | -42.1% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 2 | 3 | 0 |
| Debt / EquityFinancial leverage | 0.00x | 0.00x | 1.27x | 0.16x |
| Net DebtTotal debt minus cash | -$27M | -$714M | $144M | -$123M |
| Cash & Equiv.Liquid assets | $29M | $714M | $68M | $222M |
| Total DebtShort + long-term debt | $2M | $98,000 | $212M | $99M |
| Interest CoverageEBIT ÷ Interest expense | — | — | -0.28x | -13.38x |
Total Returns (Dividends Reinvested)
ARDX leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ARDX five years ago would be worth $41,302 today (with dividends reinvested), compared to $8,143 for RCUS. Over the past 12 months, RCUS leads with a +209.6% total return vs CLDX's +76.2%. The 3-year compound annual growth rate (CAGR) favors ARDX at 18.5% vs CLDX's -0.0% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +23.4% | +5.1% | +13.5% | +6.5% |
| 1-Year ReturnPast 12 months | +76.2% | +96.1% | +88.6% | +209.6% |
| 3-Year ReturnCumulative with dividends | -0.1% | +40.9% | +66.6% | +24.9% |
| 5-Year ReturnCumulative with dividends | +22.0% | +62.4% | +313.0% | -18.6% |
| 10-Year ReturnCumulative with dividends | -43.3% | +173.6% | +263.5% | +45.9% |
| CAGR (3Y)Annualised 3-year return | -0.0% | +12.1% | +18.5% | +7.7% |
Risk & Volatility
Evenly matched — CLDX and ARDX each lead in 1 of 2 comparable metrics.
Risk & Volatility
ARDX is the less volatile stock with a 0.87 beta — it tends to amplify market swings less than RCUS's 1.95 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CLDX currently trades 93.1% from its 52-week high vs ARDX's 83.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.73x | 1.37x | 0.87x | 1.95x |
| 52-Week HighHighest price in past year | $35.79 | $30.09 | $8.40 | $28.72 |
| 52-Week LowLowest price in past year | $17.85 | $13.36 | $3.21 | $7.06 |
| % of 52W HighCurrent price vs 52-week peak | +93.1% | +90.5% | +83.1% | +86.3% |
| RSI (14)Momentum oscillator 0–100 | 60.7 | 60.2 | 68.6 | 60.5 |
| Avg Volume (50D)Average daily shares traded | 985K | 1.4M | 3.5M | 1.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: CLDX as "Buy", IMVT as "Buy", ARDX as "Buy", RCUS as "Buy". Consensus price targets imply 143.6% upside for ARDX (target: $17) vs 21.0% for RCUS (target: $30).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $45.00 | $45.50 | $17.00 | $30.00 |
| # AnalystsCovering analysts | 19 | 23 | 16 | 18 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% |
ARDX leads in 4 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 1 category is tied.
CLDX vs IMVT vs ARDX vs RCUS: Key Questions Answered
8 questions · data-driven answers · updated daily
01Is CLDX or IMVT or ARDX or RCUS a better buy right now?
For growth investors, Ardelyx, Inc.
(ARDX) is the stronger pick with 22. 1% revenue growth year-over-year, versus -78. 6% for Celldex Therapeutics, Inc. (CLDX). Analysts rate Celldex Therapeutics, Inc. (CLDX) a "Buy" — based on 19 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 — CLDX or IMVT or ARDX or RCUS?
Over the past 5 years, Ardelyx, Inc.
(ARDX) delivered a total return of +313. 0%, compared to -18. 6% for Arcus Biosciences, Inc. (RCUS). Over 10 years, the gap is even starker: ARDX returned +263. 5% versus CLDX's -43. 3%. 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 — CLDX or IMVT or ARDX or RCUS?
By beta (market sensitivity over 5 years), Ardelyx, Inc.
(ARDX) is the lower-risk stock at 0. 87β versus Arcus Biosciences, Inc. 's 1. 95β — meaning RCUS is approximately 126% more volatile than ARDX relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 127% for Ardelyx, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — CLDX or IMVT or ARDX or RCUS?
By revenue growth (latest reported year), Ardelyx, Inc.
(ARDX) is pulling ahead at 22. 1% versus -78. 6% for Celldex Therapeutics, Inc. (CLDX). On earnings-per-share growth, the picture is similar: Arcus Biosciences, Inc. grew EPS -4. 8% year-over-year, compared to -59. 2% for Celldex Therapeutics, Inc.. Over a 3-year CAGR, ARDX leads at 98. 4% 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 — CLDX or IMVT or ARDX or RCUS?
Immunovant, Inc.
(IMVT) is the more profitable company, earning 0. 0% net margin versus -172. 5% for Celldex Therapeutics, 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 -191. 6% for CLDX. At the gross margin level — before operating expenses — CLDX 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.
06Which pays a better dividend — CLDX or IMVT or ARDX 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.
07Is CLDX or IMVT or ARDX or RCUS better for a retirement portfolio?
For long-horizon retirement investors, Ardelyx, Inc.
(ARDX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 87), +263. 5% 10Y return). Arcus Biosciences, Inc. (RCUS) carries a higher beta of 1. 95 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (ARDX: +263. 5%, RCUS: +45. 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 CLDX and IMVT and ARDX and RCUS?
Both stocks operate in the null sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CLDX is a small-cap quality compounder stock; IMVT is a small-cap quality compounder stock; ARDX is a small-cap high-growth 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.
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