Biotechnology
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COCP vs RLAY
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
COCP vs RLAY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $18M | $2.37B |
| Revenue (TTM) | $0.00 | $11M |
| Net Income (TTM) | $-10M | $-273M |
| Gross Margin | — | 66.3% |
| Operating Margin | — | -27.8% |
| Total Debt | $2M | $32M |
| Cash & Equiv. | $10M | $84M |
COCP vs RLAY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 20 | May 26 | Return |
|---|---|---|---|
| Cocrystal Pharma, I… (COCP) | 100 | 6.9 | -93.1% |
| Relay Therapeutics,… (RLAY) | 100 | 35.3 | -64.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: COCP vs RLAY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
COCP is the clearest fit if your priority is income & stability and growth exposure.
- beta 1.36
- EPS growth 49.2%
- Lower volatility, beta 1.36, Low D/E 19.0%, current ratio 4.77x
RLAY carries the broadest edge in this set and is the clearest fit for long-term compounding.
- -64.3% 10Y total return vs COCP's -99.4%
- 53.4% revenue growth vs COCP's 48.4%
- +324.1% vs COCP's -11.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 53.4% revenue growth vs COCP's 48.4% | |
| Quality / Margins | 4.0% margin vs RLAY's -25.5% | |
| Stability / Safety | Beta 1.36 vs RLAY's 1.77 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +324.1% vs COCP's -11.5% | |
| Efficiency (ROA) | -40.1% ROA vs COCP's -92.6%, ROIC -37.3% vs -8.0% |
COCP vs RLAY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
COCP leads this category, winning 1 of 1 comparable metric.
Income & Cash Flow (Last 12 Months)
RLAY and COCP operate at a comparable scale, with $11M and $0 in trailing revenue.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $0 | $11M |
| EBITDAEarnings before interest/tax | -$10M | -$298M |
| Net IncomeAfter-tax profit | -$10M | -$273M |
| Free Cash FlowCash after capex | -$10M | -$213M |
| Gross MarginGross profit ÷ Revenue | — | +66.3% |
| Operating MarginEBIT ÷ Revenue | — | -27.8% |
| Net MarginNet income ÷ Revenue | — | -25.5% |
| FCF MarginFCF ÷ Revenue | — | -20.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | -60.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +61.2% | +10.9% |
Valuation Metrics
Evenly matched — COCP and RLAY each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $18M | $2.4B |
| Enterprise ValueMkt cap + debt − cash | $10M | $2.3B |
| Trailing P/EPrice ÷ TTM EPS | -0.81x | -7.77x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | — | 154.15x |
| Price / BookPrice ÷ Book value/share | 1.49x | 3.79x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
RLAY leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
RLAY delivers a -43.9% return on equity — every $100 of shareholder capital generates $-44 in annual profit, vs $-126 for COCP. RLAY carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to COCP's 0.19x. On the Piotroski fundamental quality scale (0–9), RLAY scores 5/9 vs COCP's 1/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -126.1% | -43.9% |
| ROA (TTM)Return on assets | -92.6% | -40.1% |
| ROICReturn on invested capital | -8.0% | -37.3% |
| ROCEReturn on capital employed | -91.6% | -42.7% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 5 |
| Debt / EquityFinancial leverage | 0.19x | 0.06x |
| Net DebtTotal debt minus cash | -$8M | -$52M |
| Cash & Equiv.Liquid assets | $10M | $84M |
| Total DebtShort + long-term debt | $2M | $32M |
| Interest CoverageEBIT ÷ Interest expense | — | — |
Total Returns (Dividends Reinvested)
RLAY leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RLAY five years ago would be worth $4,241 today (with dividends reinvested), compared to $878 for COCP. Over the past 12 months, RLAY leads with a +324.1% total return vs COCP's -11.5%. The 3-year compound annual growth rate (CAGR) favors RLAY at 5.0% vs COCP's -20.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +40.4% | +52.9% |
| 1-Year ReturnPast 12 months | -11.5% | +324.1% |
| 3-Year ReturnCumulative with dividends | -49.6% | +15.6% |
| 5-Year ReturnCumulative with dividends | -91.2% | -57.6% |
| 10-Year ReturnCumulative with dividends | -99.4% | -64.3% |
| CAGR (3Y)Annualised 3-year return | -20.4% | +5.0% |
Risk & Volatility
Evenly matched — COCP and RLAY each lead in 1 of 2 comparable metrics.
Risk & Volatility
COCP is the less volatile stock with a 1.36 beta — it tends to amplify market swings less than RLAY's 1.77 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. RLAY currently trades 72.3% from its 52-week high vs COCP's 52.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.36x | 1.77x |
| 52-Week HighHighest price in past year | $2.67 | $17.31 |
| 52-Week LowLowest price in past year | $0.86 | $2.67 |
| % of 52W HighCurrent price vs 52-week peak | +52.1% | +72.3% |
| RSI (14)Momentum oscillator 0–100 | 54.0 | 45.9 |
| Avg Volume (50D)Average daily shares traded | 2.9M | 3.1M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy |
| Price TargetConsensus 12-month target | — | $21.60 |
| # AnalystsCovering analysts | — | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
RLAY leads in 2 of 6 categories (Profitability & Efficiency, Total Returns). COCP leads in 1 (Income & Cash Flow). 2 tied.
COCP vs RLAY: Frequently Asked Questions
7 questions · data-driven answers · updated daily
01Is COCP or RLAY a better buy right now?
Analysts rate Relay Therapeutics, Inc.
(RLAY) a "Buy" — based on 15 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 — COCP or RLAY?
Over the past 5 years, Relay Therapeutics, Inc.
(RLAY) delivered a total return of -57. 6%, compared to -91. 2% for Cocrystal Pharma, Inc. (COCP). Over 10 years, the gap is even starker: RLAY returned -64. 3% versus COCP's -99. 4%. 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 — COCP or RLAY?
By beta (market sensitivity over 5 years), Cocrystal Pharma, Inc.
(COCP) is the lower-risk stock at 1. 36β versus Relay Therapeutics, Inc. 's 1. 77β — meaning RLAY is approximately 30% more volatile than COCP relative to the S&P 500. On balance sheet safety, Relay Therapeutics, Inc. (RLAY) carries a lower debt/equity ratio of 6% versus 19% for Cocrystal Pharma, Inc. — giving it more financial flexibility in a downturn.
04Which has better profit margins — COCP or RLAY?
Cocrystal Pharma, Inc.
(COCP) is the more profitable company, earning 0. 0% net margin versus -1800. 6% for Relay Therapeutics, Inc. — meaning it keeps 0. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: COCP leads at 0. 0% versus -1971. 6% for RLAY. At the gross margin level — before operating expenses — RLAY leads at 76. 8%, 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.
05Which pays a better dividend — COCP or RLAY?
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.
06Is COCP or RLAY better for a retirement portfolio?
For long-horizon retirement investors, Cocrystal Pharma, Inc.
(COCP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Relay Therapeutics, Inc. (RLAY) carries a higher beta of 1. 77 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (COCP: -99. 4%, RLAY: -64. 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.
07What are the main differences between COCP and RLAY?
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: COCP is a small-cap quality compounder stock; RLAY is a small-cap high-growth 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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