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CLDX vs IMVT vs ARDX vs RCUS vs KYMR

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

Live fundamentals10-year financials5-year price chart
CLDX
Celldex Therapeutics, Inc.

Biotechnology

NASDAQ • US
Market Cap$2.22B
5Y Perf.+179.1%
IMVT
Immunovant, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$5.53B
5Y Perf.-19.8%
ARDX
Ardelyx, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.71B
5Y Perf.+384.7%
RCUS
Arcus Biosciences, Inc.

Biotechnology

HealthcareNYSE • US
Market Cap$2.50B
5Y Perf.+4.2%
KYMR
Kymera Therapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$6.91B
5Y Perf.+165.3%

CLDX vs IMVT vs ARDX vs RCUS vs KYMR — Key Financials

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

Company Snapshot
CLDX logoCLDX
IMVT logoIMVT
ARDX logoARDX
RCUS logoRCUS
KYMR logoKYMR
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnologyBiotechnology
Market Cap$2.22B$5.53B$1.71B$2.50B$6.91B
Revenue (TTM)$2M$0.00$428M$236M$51M
Net Income (TTM)$-259M$-464M$-58M$-369M$-315M
Gross Margin100.0%91.9%90.7%33.2%
Operating Margin-191.6%-8.7%-168.6%-7.0%
Total Debt$2M$98K$212M$99M$82M
Cash & Equiv.$29M$714M$68M$222M$357M

CLDX vs IMVT vs ARDX vs RCUS vs KYMRLong-Term Stock Performance

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

CLDX
IMVT
ARDX
RCUS
KYMR
StockAug 20May 26Return
Celldex Therapeutic… (CLDX)100279.1+179.1%
Immunovant, Inc. (IMVT)10080.2-19.8%
Ardelyx, Inc. (ARDX)100484.7+384.7%
Arcus Biosciences, … (RCUS)100104.2+4.2%
Kymera Therapeutics… (KYMR)100265.3+165.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: CLDX vs IMVT vs ARDX vs RCUS vs KYMR

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

Bottom line: ARDX leads in 3 of 6 categories (5-stock set), making it the strongest pick for growth and revenue expansion and capital preservation and lower volatility. Immunovant, Inc. is the stronger pick specifically for profitability and margin quality. RCUS also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
CLDX
Celldex Therapeutics, Inc.
The Secondary Option

CLDX lags the leaders in this set but could rank higher in a more targeted comparison.

Best for: portfolio exposure
IMVT
Immunovant, Inc.
The Defensive Pick

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%
Best for: sleep-well-at-night and defensive
ARDX
Ardelyx, Inc.
The Income Pick

ARDX carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • beta 0.87
  • 263.5% 10Y total return vs IMVT's 173.6%
  • 22.1% revenue growth vs CLDX's -78.6%
  • Beta 0.87 vs RCUS's 1.95
Best for: income & stability and long-term compounding
RCUS
Arcus Biosciences, Inc.
The Growth Play

RCUS ranks third and is worth considering specifically for growth exposure.

  • Rev growth -4.3%, EPS growth -4.8%, 3Y rev CAGR 30.2%
  • +209.6% vs CLDX's +76.2%
Best for: growth exposure
KYMR
Kymera Therapeutics, Inc.
The Healthcare Pick

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

Best for: healthcare exposure
See the full category breakdown
CategoryWinnerWhy
GrowthARDX logoARDX22.1% revenue growth vs CLDX's -78.6%
Quality / MarginsIMVT logoIMVT3.2% margin vs CLDX's -172.5%
Stability / SafetyARDX logoARDXBeta 0.87 vs RCUS's 1.95
DividendsTieNone of these 5 stocks pay a meaningful dividend
Momentum (1Y)RCUS logoRCUS+209.6% vs CLDX's +76.2%
Efficiency (ROA)ARDX logoARDX-11.8% ROA vs IMVT's -44.1%

CLDX vs IMVT vs ARDX vs RCUS vs KYMR — Revenue Breakdown by Segment

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

CLDXCelldex Therapeutics, Inc.
FY 2025
Grant
93.7%$1M
Service
6.3%$97,000
IMVTImmunovant, Inc.

Segment breakdown not available.

ARDXArdelyx, Inc.
FY 2025
Product
57.5%$378M
Product, IBSRELA
41.7%$274M
License
0.8%$5M
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
KYMRKymera Therapeutics, Inc.

Segment breakdown not available.

CLDX vs IMVT vs ARDX vs RCUS vs KYMR — Financial Metrics

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

BEST OVERALLARDXLAGGINGKYMR

Income & Cash Flow (Last 12 Months)

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

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, KYMR holds the edge at +55.5% YoY revenue growth, suggesting stronger near-term business momentum.

MetricCLDX logoCLDXCelldex Therapeut…IMVT logoIMVTImmunovant, Inc.ARDX logoARDXArdelyx, Inc.RCUS logoRCUSArcus Biosciences…KYMR logoKYMRKymera Therapeuti…
RevenueTrailing 12 months$2M$0$428M$236M$51M
EBITDAEarnings before interest/tax-$284M-$487M-$35M-$391M-$352M
Net IncomeAfter-tax profit-$259M-$464M-$58M-$369M-$315M
Free Cash FlowCash after capex-$213M-$423M-$37M-$489M-$244M
Gross MarginGross profit ÷ Revenue+100.0%+91.9%+90.7%+33.2%
Operating MarginEBIT ÷ Revenue-191.6%-8.7%-168.6%-7.0%
Net MarginNet income ÷ Revenue-172.5%-13.6%-156.4%-6.1%
FCF MarginFCF ÷ Revenue-142.2%-8.8%-2.1%-4.7%
Rev. Growth (YoY)Latest quarter vs prior year-93.6%+27.5%-39.3%+55.5%
EPS Growth (YoY)Latest quarter vs prior year-73.2%+19.7%+11.8%+10.5%+13.4%
ARDX leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

ARDX leads this category, winning 2 of 3 comparable metrics.
MetricCLDX logoCLDXCelldex Therapeut…IMVT logoIMVTImmunovant, Inc.ARDX logoARDXArdelyx, Inc.RCUS logoRCUSArcus Biosciences…KYMR logoKYMRKymera Therapeuti…
Market CapShares × price$2.2B$5.5B$1.7B$2.5B$6.9B
Enterprise ValueMkt cap + debt − cash$2.2B$4.8B$1.9B$2.4B$6.6B
Trailing P/EPrice ÷ TTM EPS-8.54x-9.97x-26.85x-7.54x-22.93x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue1477.19x4.20x10.11x176.26x
Price / BookPrice ÷ Book value/share4.20x5.83x10.08x4.22x4.52x
Price / FCFMarket cap ÷ FCF
ARDX leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

ARDX leads this category, winning 4 of 9 comparable metrics.

KYMR delivers a -25.0% return on equity — every $100 of shareholder capital generates $-25 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), KYMR scores 4/9 vs RCUS's 0/9, reflecting mixed financial health.

MetricCLDX logoCLDXCelldex Therapeut…IMVT logoIMVTImmunovant, Inc.ARDX logoARDXArdelyx, Inc.RCUS logoRCUSArcus Biosciences…KYMR logoKYMRKymera Therapeuti…
ROE (TTM)Return on equity-41.7%-47.1%-38.1%-69.0%-25.0%
ROA (TTM)Return on assets-38.9%-44.1%-11.8%-35.3%-22.3%
ROICReturn on invested capital-35.2%-10.7%-64.1%-24.9%
ROCEReturn on capital employed-44.7%-66.1%-10.6%-42.1%-27.2%
Piotroski ScoreFundamental quality 0–932304
Debt / EquityFinancial leverage0.00x0.00x1.27x0.16x0.05x
Net DebtTotal debt minus cash-$27M-$714M$144M-$123M-$275M
Cash & Equiv.Liquid assets$29M$714M$68M$222M$357M
Total DebtShort + long-term debt$2M$98,000$212M$99M$82M
Interest CoverageEBIT ÷ Interest expense-0.28x-13.38x-2119.53x
ARDX leads this category, winning 4 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — ARDX and KYMR each lead in 2 of 6 comparable metrics.

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 KYMR at 45.0% vs CLDX's -0.0% — a key indicator of consistent wealth creation.

MetricCLDX logoCLDXCelldex Therapeut…IMVT logoIMVTImmunovant, Inc.ARDX logoARDXArdelyx, Inc.RCUS logoRCUSArcus Biosciences…KYMR logoKYMRKymera Therapeuti…
YTD ReturnYear-to-date+23.4%+5.1%+13.5%+6.5%+16.3%
1-Year ReturnPast 12 months+76.2%+96.1%+88.6%+209.6%+190.7%
3-Year ReturnCumulative with dividends-0.1%+40.9%+66.6%+24.9%+205.1%
5-Year ReturnCumulative with dividends+22.0%+62.4%+313.0%-18.6%+92.1%
10-Year ReturnCumulative with dividends-43.3%+173.6%+263.5%+45.9%+154.4%
CAGR (3Y)Annualised 3-year return-0.0%+12.1%+18.5%+7.7%+45.0%
Evenly matched — ARDX and KYMR each lead in 2 of 6 comparable metrics.

Risk & Volatility

Evenly matched — CLDX and ARDX each lead in 1 of 2 comparable metrics.

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 KYMR's 82.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricCLDX logoCLDXCelldex Therapeut…IMVT logoIMVTImmunovant, Inc.ARDX logoARDXArdelyx, Inc.RCUS logoRCUSArcus Biosciences…KYMR logoKYMRKymera Therapeuti…
Beta (5Y)Sensitivity to S&P 5001.73x1.37x0.87x1.95x1.15x
52-Week HighHighest price in past year$35.79$30.09$8.40$28.72$103.00
52-Week LowLowest price in past year$17.85$13.36$3.21$7.06$28.06
% of 52W HighCurrent price vs 52-week peak+93.1%+90.5%+83.1%+86.3%+82.2%
RSI (14)Momentum oscillator 0–10060.760.268.660.554.1
Avg Volume (50D)Average daily shares traded985K1.4M3.5M1.2M602K
Evenly matched — CLDX and ARDX each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: CLDX as "Buy", IMVT as "Buy", ARDX as "Buy", RCUS as "Buy", KYMR as "Buy". Consensus price targets imply 143.6% upside for ARDX (target: $17) vs 21.0% for RCUS (target: $30).

MetricCLDX logoCLDXCelldex Therapeut…IMVT logoIMVTImmunovant, Inc.ARDX logoARDXArdelyx, Inc.RCUS logoRCUSArcus Biosciences…KYMR logoKYMRKymera Therapeuti…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuyBuy
Price TargetConsensus 12-month target$45.00$45.50$17.00$30.00$117.06
# AnalystsCovering analysts1923161826
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

ARDX leads in 3 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 2 categories are tied.

Best OverallArdelyx, Inc. (ARDX)Leads 3 of 6 categories
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CLDX vs IMVT vs ARDX vs RCUS vs KYMR: Key Questions Answered

8 questions · data-driven answers · updated daily

01

Is CLDX or IMVT or ARDX or RCUS or KYMR 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.

02

Which is the better long-term investment — CLDX or IMVT or ARDX or RCUS or KYMR?

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.

03

Which is safer — CLDX or IMVT or ARDX or RCUS or KYMR?

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.

04

Which is growing faster — CLDX or IMVT or ARDX or RCUS or KYMR?

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.

05

Which has better profit margins — CLDX or IMVT or ARDX or RCUS or KYMR?

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.

06

Which pays a better dividend — CLDX or IMVT or ARDX or RCUS or KYMR?

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 CLDX or IMVT or ARDX or RCUS or KYMR 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.

08

What are the main differences between CLDX and IMVT and ARDX and RCUS and KYMR?

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; KYMR 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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CLDX

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  • Market Cap > $100B
  • Gross Margin > 60%
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IMVT

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  • Sector: Healthcare
  • Market Cap > $100B
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ARDX

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  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 13%
  • Gross Margin > 55%
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RCUS

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  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 54%
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KYMR

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  • Market Cap > $100B
  • Revenue Growth > 27%
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