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Stock Comparison

CVAC vs DBVT vs IMVT vs NVAX vs REGN

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

Live fundamentals10-year financials5-year price chart
CVAC
CureVac N.V.

Biotechnology

HealthcareNASDAQ • DE
Market Cap$1.05B
5Y Perf.-91.5%
DBVT
DBV Technologies S.A.

Biotechnology

HealthcareNASDAQ • FR
Market Cap$1712.35T
5Y Perf.-11.3%
IMVT
Immunovant, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$5.53B
5Y Perf.-25.1%
NVAX
Novavax, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.50B
5Y Perf.-93.9%
REGN
Regeneron Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$73.68B
5Y Perf.+24.5%

CVAC vs DBVT vs IMVT vs NVAX vs REGN — Key Financials

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

Company Snapshot
CVAC logoCVAC
DBVT logoDBVT
IMVT logoIMVT
NVAX logoNVAX
REGN logoREGN
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnologyBiotechnology
Market Cap$1.05B$1712.35T$5.53B$1.50B$73.68B
Revenue (TTM)$511M$0.00$0.00$596M$14.92B
Net Income (TTM)$194M$-168M$-464M$-88M$4.42B
Gross Margin94.8%84.6%84.5%
Operating Margin40.8%-11.2%24.3%
Forward P/E6.5x3.6x15.3x
Total Debt$39M$22M$98K$249M$2.71B
Cash & Equiv.$482M$194M$714M$241M$3.12B

CVAC vs DBVT vs IMVT vs NVAX vs REGNLong-Term Stock Performance

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

CVAC
DBVT
IMVT
NVAX
REGN
StockAug 20Jan 26Return
CureVac N.V. (CVAC)1008.5-91.5%
DBV Technologies S.… (DBVT)10088.8-11.3%
Immunovant, Inc. (IMVT)10074.9-25.1%
Novavax, Inc. (NVAX)1006.1-93.9%
Regeneron Pharmaceu… (REGN)100124.5+24.5%

Price return only. Dividends and distributions are not included.

Quick Verdict: CVAC vs DBVT vs IMVT vs NVAX vs REGN

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

Bottom line: CVAC leads in 3 of 7 categories (5-stock set), making it the strongest pick for growth and revenue expansion and profitability and margin quality. Regeneron Pharmaceuticals, Inc. is the stronger pick specifically for capital preservation and lower volatility and dividend income and shareholder returns. DBVT and NVAX also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
CVAC
CureVac N.V.
The Growth Play

CVAC carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.

  • Rev growth 9.0%, EPS growth 161.0%, 3Y rev CAGR 73.2%
  • Lower volatility, beta 1.23, Low D/E 5.6%, current ratio 7.28x
  • 9.0% revenue growth vs DBVT's -100.0%
  • 37.9% margin vs NVAX's -14.7%
Best for: growth exposure and sleep-well-at-night
DBVT
DBV Technologies S.A.
The Momentum Pick

DBVT ranks third and is worth considering specifically for momentum.

  • +110.4% vs REGN's +27.1%
Best for: momentum
IMVT
Immunovant, Inc.
The Long-Run Compounder

IMVT is the clearest fit if your priority is long-term compounding.

  • 173.6% 10Y total return vs REGN's 90.0%
Best for: long-term compounding
NVAX
Novavax, Inc.
The Value Play

NVAX is the clearest fit if your priority is value.

  • Lower P/E (3.6x vs 15.3x)
Best for: value
REGN
Regeneron Pharmaceuticals, Inc.
The Income Pick

REGN is the #2 pick in this set and the best alternative if income & stability and defensive is your priority.

  • Dividend streak 1 yrs, beta 0.81, yield 0.5%
  • Beta 0.81, yield 0.5%, current ratio 4.13x
  • Beta 0.81 vs NVAX's 2.11
  • 0.5% yield; 1-year raise streak; the other 4 pay no meaningful dividend
Best for: income & stability and defensive
See the full category breakdown
CategoryWinnerWhy
GrowthCVAC logoCVAC9.0% revenue growth vs DBVT's -100.0%
ValueNVAX logoNVAXLower P/E (3.6x vs 15.3x)
Quality / MarginsCVAC logoCVAC37.9% margin vs NVAX's -14.7%
Stability / SafetyREGN logoREGNBeta 0.81 vs NVAX's 2.11
DividendsREGN logoREGN0.5% yield; 1-year raise streak; the other 4 pay no meaningful dividend
Momentum (1Y)DBVT logoDBVT+110.4% vs REGN's +27.1%
Efficiency (ROA)CVAC logoCVAC28.1% ROA vs DBVT's -89.0%

CVAC vs DBVT vs IMVT vs NVAX vs REGN — Revenue Breakdown by Segment

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

CVACCureVac N.V.
FY 2023
Product
50.2%$11M
Research and development services
49.8%$11M
DBVTDBV Technologies S.A.

Segment breakdown not available.

IMVTImmunovant, Inc.

Segment breakdown not available.

NVAXNovavax, Inc.
FY 2025
Product
50.0%$685M
Nuvaxovid Sales
45.6%$625M
Supply Sales
4.4%$60M
REGNRegeneron Pharmaceuticals, Inc.
FY 2025
Collaboration Revenue
51.1%$7.3B
Product
44.0%$6.3B
Product and Service, Other
4.9%$703M

CVAC vs DBVT vs IMVT vs NVAX vs REGN — Financial Metrics

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

BEST OVERALLCVACLAGGINGREGN

Income & Cash Flow (Last 12 Months)

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

REGN and IMVT operate at a comparable scale, with $14.9B and $0 in trailing revenue. CVAC is the more profitable business, keeping 37.9% of every revenue dollar as net income compared to NVAX's -14.7%. On growth, REGN holds the edge at +19.0% YoY revenue growth, suggesting stronger near-term business momentum.

MetricCVAC logoCVACCureVac N.V.DBVT logoDBVTDBV Technologies …IMVT logoIMVTImmunovant, Inc.NVAX logoNVAXNovavax, Inc.REGN logoREGNRegeneron Pharmac…
RevenueTrailing 12 months$511M$0$0$596M$14.9B
EBITDAEarnings before interest/tax$226M-$112M-$487M-$47M$4.2B
Net IncomeAfter-tax profit$194M-$168M-$464M-$88M$4.4B
Free Cash FlowCash after capex$196M-$151M-$423M-$96M$4.2B
Gross MarginGross profit ÷ Revenue+94.8%+84.6%+84.5%
Operating MarginEBIT ÷ Revenue+40.8%-11.2%+24.3%
Net MarginNet income ÷ Revenue+37.9%-14.7%+29.6%
FCF MarginFCF ÷ Revenue+38.4%-16.1%+27.9%
Rev. Growth (YoY)Latest quarter vs prior year-91.4%-79.1%+19.0%
EPS Growth (YoY)Latest quarter vs prior year+18.8%+91.5%+19.7%-102.0%-7.2%
CVAC leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

NVAX leads this category, winning 2 of 5 comparable metrics.

At 3.6x trailing earnings, NVAX trades at a 79% valuation discount to REGN's 17.1x P/E. On an enterprise value basis, NVAX's 2.6x EV/EBITDA is more attractive than REGN's 17.8x.

MetricCVAC logoCVACCureVac N.V.DBVT logoDBVTDBV Technologies …IMVT logoIMVTImmunovant, Inc.NVAX logoNVAXNovavax, Inc.REGN logoREGNRegeneron Pharmac…
Market CapShares × price$1.0B$1712.35T$5.5B$1.5B$73.7B
Enterprise ValueMkt cap + debt − cash$607M$1712.35T$4.8B$1.5B$73.3B
Trailing P/EPrice ÷ TTM EPS6.47x-0.76x-9.97x3.63x17.09x
Forward P/EPrice ÷ next-FY EPS est.15.35x
PEG RatioP/E ÷ EPS growth rate2.70x
EV / EBITDAEnterprise value multiple3.09x2.56x17.78x
Price / SalesMarket cap ÷ Revenue1.96x1.34x5.14x
Price / BookPrice ÷ Book value/share1.51x0.66x5.83x2.46x
Price / FCFMarket cap ÷ FCF12.58x18.06x
NVAX leads this category, winning 2 of 5 comparable metrics.

Profitability & Efficiency

CVAC leads this category, winning 5 of 9 comparable metrics.

CVAC delivers a 33.0% return on equity — every $100 of shareholder capital generates $33 in annual profit, vs $-130 for DBVT. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to DBVT's 0.13x. On the Piotroski fundamental quality scale (0–9), CVAC scores 7/9 vs IMVT's 2/9, reflecting strong financial health.

MetricCVAC logoCVACCureVac N.V.DBVT logoDBVTDBV Technologies …IMVT logoIMVTImmunovant, Inc.NVAX logoNVAXNovavax, Inc.REGN logoREGNRegeneron Pharmac…
ROE (TTM)Return on equity+33.0%-130.2%-47.1%+14.3%
ROA (TTM)Return on assets+28.1%-89.0%-44.1%-7.4%+11.1%
ROICReturn on invested capital+65.0%+8.9%
ROCEReturn on capital employed+26.7%-145.7%-66.1%+100.4%+10.2%
Piotroski ScoreFundamental quality 0–974255
Debt / EquityFinancial leverage0.06x0.13x0.00x0.09x
Net DebtTotal debt minus cash-$443M-$172M-$714M$8M-$412M
Cash & Equiv.Liquid assets$482M$194M$714M$241M$3.1B
Total DebtShort + long-term debt$39M$22M$98,000$249M$2.7B
Interest CoverageEBIT ÷ Interest expense547.87x-189.82x-5.10x108.44x
CVAC leads this category, winning 5 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

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

A $10,000 investment in IMVT five years ago would be worth $16,241 today (with dividends reinvested), compared to $464 for CVAC. Over the past 12 months, DBVT leads with a +110.4% total return vs REGN's +27.1%. The 3-year compound annual growth rate (CAGR) favors IMVT at 12.1% vs CVAC's -18.0% — a key indicator of consistent wealth creation.

MetricCVAC logoCVACCureVac N.V.DBVT logoDBVTDBV Technologies …IMVT logoIMVTImmunovant, Inc.NVAX logoNVAXNovavax, Inc.REGN logoREGNRegeneron Pharmac…
YTD ReturnYear-to-date-0.2%+4.9%+5.1%+29.5%-8.5%
1-Year ReturnPast 12 months+34.3%+110.4%+96.1%+55.1%+27.1%
3-Year ReturnCumulative with dividends-44.9%+19.7%+40.9%+23.9%-5.1%
5-Year ReturnCumulative with dividends-95.4%-69.1%+62.4%-94.8%+43.6%
10-Year ReturnCumulative with dividends-91.7%-87.0%+173.6%-90.4%+90.0%
CAGR (3Y)Annualised 3-year return-18.0%+6.2%+12.1%+7.4%-1.7%
IMVT leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — IMVT and REGN each lead in 1 of 2 comparable metrics.

REGN is the less volatile stock with a 0.81 beta — it tends to amplify market swings less than NVAX's 2.11 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IMVT currently trades 90.5% from its 52-week high vs DBVT's 76.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricCVAC logoCVACCureVac N.V.DBVT logoDBVTDBV Technologies …IMVT logoIMVTImmunovant, Inc.NVAX logoNVAXNovavax, Inc.REGN logoREGNRegeneron Pharmac…
Beta (5Y)Sensitivity to S&P 5001.23x1.26x1.37x2.11x0.81x
52-Week HighHighest price in past year$5.72$26.18$30.09$11.97$821.11
52-Week LowLowest price in past year$3.32$7.53$13.36$5.80$476.49
% of 52W HighCurrent price vs 52-week peak+81.5%+76.3%+90.5%+77.1%+86.4%
RSI (14)Momentum oscillator 0–10047.848.160.264.444.9
Avg Volume (50D)Average daily shares traded0252K1.4M4.4M631K
Evenly matched — IMVT and REGN each lead in 1 of 2 comparable metrics.

Analyst Outlook

Evenly matched — NVAX and REGN each lead in 1 of 1 comparable metric.

Analyst consensus: CVAC as "Hold", DBVT as "Buy", IMVT as "Buy", NVAX as "Buy", REGN as "Buy". Consensus price targets imply 350.6% upside for CVAC (target: $21) vs 22.1% for REGN (target: $866). REGN is the only dividend payer here at 0.48% yield — a key consideration for income-focused portfolios.

MetricCVAC logoCVACCureVac N.V.DBVT logoDBVTDBV Technologies …IMVT logoIMVTImmunovant, Inc.NVAX logoNVAXNovavax, Inc.REGN logoREGNRegeneron Pharmac…
Analyst RatingConsensus buy/hold/sellHoldBuyBuyBuyBuy
Price TargetConsensus 12-month target$21.00$46.33$45.50$18.00$865.68
# AnalystsCovering analysts815232348
Dividend YieldAnnual dividend ÷ price+0.5%
Dividend StreakConsecutive years of raises011
Dividend / ShareAnnual DPS$3.41
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%+0.3%+5.4%
Evenly matched — NVAX and REGN each lead in 1 of 1 comparable metric.
Key Takeaway

CVAC leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NVAX leads in 1 (Valuation Metrics). 2 tied.

Best OverallCureVac N.V. (CVAC)Leads 2 of 6 categories
Loading custom metrics...

CVAC vs DBVT vs IMVT vs NVAX vs REGN: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is CVAC or DBVT or IMVT or NVAX or REGN a better buy right now?

For growth investors, CureVac N.

V. (CVAC) is the stronger pick with 895. 5% revenue growth year-over-year, versus 1. 0% for Regeneron Pharmaceuticals, Inc. (REGN). Novavax, Inc. (NVAX) offers the better valuation at 3. 6x trailing P/E, making it the more compelling value choice. Analysts rate DBV Technologies S. A. (DBVT) 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.

02

Which has the better valuation — CVAC or DBVT or IMVT or NVAX or REGN?

On trailing P/E, Novavax, Inc.

(NVAX) is the cheapest at 3. 6x versus Regeneron Pharmaceuticals, Inc. at 17. 1x.

03

Which is the better long-term investment — CVAC or DBVT or IMVT or NVAX or REGN?

Over the past 5 years, Immunovant, Inc.

(IMVT) delivered a total return of +62. 4%, compared to -95. 4% for CureVac N. V. (CVAC). Over 10 years, the gap is even starker: IMVT returned +173. 6% versus CVAC's -91. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — CVAC or DBVT or IMVT or NVAX or REGN?

By beta (market sensitivity over 5 years), Regeneron Pharmaceuticals, Inc.

(REGN) is the lower-risk stock at 0. 81β versus Novavax, Inc. 's 2. 11β — meaning NVAX is approximately 162% more volatile than REGN relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 13% for DBV Technologies S. A. — giving it more financial flexibility in a downturn.

05

Which is growing faster — CVAC or DBVT or IMVT or NVAX or REGN?

By revenue growth (latest reported year), CureVac N.

V. (CVAC) is pulling ahead at 895. 5% versus 1. 0% for Regeneron Pharmaceuticals, Inc. (REGN). On earnings-per-share growth, the picture is similar: Novavax, Inc. grew EPS 306. 5% year-over-year, compared to -347. 5% for DBV Technologies S. A.. Over a 3-year CAGR, CVAC leads at 73. 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.

06

Which has better profit margins — CVAC or DBVT or IMVT or NVAX or REGN?

Novavax, Inc.

(NVAX) is the more profitable company, earning 39. 2% net margin versus 0. 0% for Immunovant, Inc. — meaning it keeps 39. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NVAX leads at 50. 1% versus 0. 0% for IMVT. At the gross margin level — before operating expenses — NVAX leads at 93. 7%, 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.

07

Is CVAC or DBVT or IMVT or NVAX or REGN more undervalued right now?

Analyst consensus price targets imply the most upside for CVAC: 350.

6% to $21. 00.

08

Which pays a better dividend — CVAC or DBVT or IMVT or NVAX or REGN?

In this comparison, REGN (0.

5% yield) pays a dividend. CVAC, DBVT, IMVT, NVAX do not pay a meaningful dividend and should not be held primarily for income.

09

Is CVAC or DBVT or IMVT or NVAX or REGN better for a retirement portfolio?

For long-horizon retirement investors, Regeneron Pharmaceuticals, Inc.

(REGN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 81)). Novavax, Inc. (NVAX) carries a higher beta of 2. 11 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (REGN: +90. 0%, NVAX: -90. 4%), 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.

10

What are the main differences between CVAC and DBVT and IMVT and NVAX and REGN?

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: CVAC is a small-cap high-growth stock; DBVT is a mega-cap quality compounder stock; IMVT is a small-cap quality compounder stock; NVAX is a small-cap high-growth stock; REGN is a mid-cap deep-value 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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