Drug Manufacturers - Specialty & Generic
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DVAX vs IBRX
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
DVAX vs IBRX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Drug Manufacturers - Specialty & Generic | Biotechnology |
| Market Cap | $1.82B | $7.64B |
| Revenue (TTM) | $331M | $83M |
| Net Income (TTM) | $-43M | $-349M |
| Gross Margin | 83.2% | 94.8% |
| Operating Margin | 3.2% | -315.8% |
| Forward P/E | 31.6x | — |
| Total Debt | $254M | $504M |
| Cash & Equiv. | $96M | $143M |
DVAX vs IBRX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | Feb 26 | Return |
|---|---|---|---|
| Dynavax Technologie… (DVAX) | 100 | 253.3 | +153.3% |
| ImmunityBio, Inc. (IBRX) | 100 | 92.7 | -7.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: DVAX vs IBRX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
DVAX carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- beta 0.75
- 2.9% 10Y total return vs IBRX's -7.5%
- Lower volatility, beta 0.75, Low D/E 42.6%, current ratio 10.80x
IBRX is the clearest fit if your priority is growth exposure.
- Rev growth 22.7%, EPS growth 46.1%, 3Y rev CAGR 150.9%
- 22.7% revenue growth vs DVAX's 19.4%
- +310.6% vs DVAX's +59.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 22.7% revenue growth vs DVAX's 19.4% | |
| Quality / Margins | -13.1% margin vs IBRX's -422.3% | |
| Stability / Safety | Beta 0.75 vs IBRX's 2.21 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +310.6% vs DVAX's +59.5% | |
| Efficiency (ROA) | -4.6% ROA vs IBRX's -93.2% |
DVAX vs IBRX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
DVAX vs IBRX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DVAX leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
DVAX is the larger business by revenue, generating $331M annually — 4.0x IBRX's $83M. Profitability is closely matched — net margins range from -13.1% (DVAX) to -4.2% (IBRX). On growth, IBRX holds the edge at +4.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $331M | $83M |
| EBITDAEarnings before interest/tax | $19M | -$245M |
| Net IncomeAfter-tax profit | -$43M | -$349M |
| Free Cash FlowCash after capex | $81M | -$324M |
| Gross MarginGross profit ÷ Revenue | +83.2% | +94.8% |
| Operating MarginEBIT ÷ Revenue | +3.2% | -3.2% |
| Net MarginNet income ÷ Revenue | -13.1% | -4.2% |
| FCF MarginFCF ÷ Revenue | +24.4% | -3.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +17.7% | +4.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +90.9% | +40.8% |
Valuation Metrics
Evenly matched — DVAX and IBRX each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.8B | $7.6B |
| Enterprise ValueMkt cap + debt − cash | $2.0B | $8.0B |
| Trailing P/EPrice ÷ TTM EPS | 77.50x | -12.52x |
| Forward P/EPrice ÷ next-FY EPS est. | 31.59x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 503.23x | — |
| Price / SalesMarket cap ÷ Revenue | 6.56x | 518.37x |
| Price / BookPrice ÷ Book value/share | 3.46x | — |
| Price / FCFMarket cap ÷ FCF | 30.24x | — |
Profitability & Efficiency
DVAX leads this category, winning 5 of 6 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), DVAX scores 6/9 vs IBRX's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -8.1% | — |
| ROA (TTM)Return on assets | -4.6% | -93.2% |
| ROICReturn on invested capital | -0.4% | — |
| ROCEReturn on capital employed | -0.4% | -88.9% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 4 |
| Debt / EquityFinancial leverage | 0.43x | — |
| Net DebtTotal debt minus cash | $159M | $361M |
| Cash & Equiv.Liquid assets | $96M | $143M |
| Total DebtShort + long-term debt | $254M | $504M |
| Interest CoverageEBIT ÷ Interest expense | -5.28x | -2.48x |
Total Returns (Dividends Reinvested)
DVAX leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in DVAX five years ago would be worth $15,800 today (with dividends reinvested), compared to $4,636 for IBRX. Over the past 12 months, IBRX leads with a +310.6% total return vs DVAX's +59.5%. The 3-year compound annual growth rate (CAGR) favors DVAX at 12.4% vs IBRX's 6.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +0.8% | +284.2% |
| 1-Year ReturnPast 12 months | +59.5% | +310.6% |
| 3-Year ReturnCumulative with dividends | +42.1% | +21.1% |
| 5-Year ReturnCumulative with dividends | +58.0% | -53.6% |
| 10-Year ReturnCumulative with dividends | +2.9% | -7.5% |
| CAGR (3Y)Annualised 3-year return | +12.4% | +6.6% |
Risk & Volatility
DVAX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
DVAX is the less volatile stock with a 0.75 beta — it tends to amplify market swings less than IBRX's 2.21 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. DVAX currently trades 98.5% from its 52-week high vs IBRX's 62.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.75x | 2.21x |
| 52-Week HighHighest price in past year | $15.73 | $12.43 |
| 52-Week LowLowest price in past year | $9.20 | $1.83 |
| % of 52W HighCurrent price vs 52-week peak | +98.5% | +62.4% |
| RSI (14)Momentum oscillator 0–100 | 75.7 | 59.4 |
| Avg Volume (50D)Average daily shares traded | 5.7M | 20.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates DVAX as "Buy" and IBRX as "Buy". Consensus price targets imply 74.2% upside for DVAX (target: $27) vs 74.0% for IBRX (target: $14).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $27.00 | $13.50 |
| # AnalystsCovering analysts | 11 | 5 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +5.5% | 0.0% |
DVAX leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 1 category is tied.
DVAX vs IBRX: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is DVAX or IBRX a better buy right now?
For growth investors, ImmunityBio, Inc.
(IBRX) is the stronger pick with 22. 7% revenue growth year-over-year, versus 19. 4% for Dynavax Technologies Corporation (DVAX). Dynavax Technologies Corporation (DVAX) offers the better valuation at 77. 5x trailing P/E (31. 6x forward), making it the more compelling value choice. Analysts rate Dynavax Technologies Corporation (DVAX) a "Buy" — based on 11 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 — DVAX or IBRX?
Over the past 5 years, Dynavax Technologies Corporation (DVAX) delivered a total return of +58.
0%, compared to -53. 6% for ImmunityBio, Inc. (IBRX). Over 10 years, the gap is even starker: DVAX returned +2. 9% versus IBRX's -7. 5%. 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 — DVAX or IBRX?
By beta (market sensitivity over 5 years), Dynavax Technologies Corporation (DVAX) is the lower-risk stock at 0.
75β versus ImmunityBio, Inc. 's 2. 21β — meaning IBRX is approximately 196% more volatile than DVAX relative to the S&P 500.
04Which is growing faster — DVAX or IBRX?
By revenue growth (latest reported year), ImmunityBio, Inc.
(IBRX) is pulling ahead at 22. 7% versus 19. 4% for Dynavax Technologies Corporation (DVAX). On earnings-per-share growth, the picture is similar: Dynavax Technologies Corporation grew EPS 503. 2% year-over-year, compared to 46. 1% for ImmunityBio, Inc.. Over a 3-year CAGR, IBRX leads at 150. 9% 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 — DVAX or IBRX?
Dynavax Technologies Corporation (DVAX) is the more profitable company, earning 9.
9% net margin versus -28. 0% for ImmunityBio, Inc. — meaning it keeps 9. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: DVAX leads at -1. 5% versus -23. 3% for IBRX. At the gross margin level — before operating expenses — IBRX 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.
06Is DVAX or IBRX more undervalued right now?
Analyst consensus price targets imply the most upside for DVAX: 74.
2% to $27. 00.
07Which pays a better dividend — DVAX or IBRX?
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.
08Is DVAX or IBRX better for a retirement portfolio?
For long-horizon retirement investors, Dynavax Technologies Corporation (DVAX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
75)). ImmunityBio, Inc. (IBRX) carries a higher beta of 2. 21 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (DVAX: +2. 9%, IBRX: -7. 5%), 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.
09What are the main differences between DVAX and IBRX?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
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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