Build Your Comparison

Side-by-side financial analysis
ETON logo
ETON
AVDL logo
AVDL
PRAX logo
PRAX
SUPN logo
SUPN
Try popular comparisons:

Stock Comparison

ETON vs AVDL vs PRAX vs SUPN

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

Live fundamentals10-year financials5-year price chart
ETON
Eton Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$890M
5Y Perf.+345.5%
AVDL
Avadel Pharmaceuticals plc

Drug Manufacturers - Specialty & Generic

HealthcareNASDAQ • IE
Market Cap$2.10B
5Y Perf.+327.6%
PRAX
Praxis Precision Medicines, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$8.15B
5Y Perf.-46.2%
SUPN
Supernus Pharmaceuticals, Inc.

Drug Manufacturers - Specialty & Generic

HealthcareNASDAQ • US
Market Cap$2.56B
5Y Perf.+141.7%

ETON vs AVDL vs PRAX vs SUPN — Key Financials

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

Company Snapshot
ETON logoETON
AVDL logoAVDL
PRAX logoPRAX
SUPN logoSUPN
IndustryBiotechnologyDrug Manufacturers - Specialty & GenericBiotechnologyDrug Manufacturers - Specialty & Generic
Market Cap$890M$2.10B$8.15B$2.56B
Revenue (TTM)$87M$249M$0.00$777M
Net Income (TTM)$-1M$-278K$-327M$-29M
Gross Margin54.8%94.5%89.4%
Operating Margin2.3%1.8%-5.5%
Forward P/E40.5x28.3x17.8x
Total Debt$31M$2M$110K$41M
Cash & Equiv.$26M$51M$357M$128M

ETON vs AVDL vs PRAX vs SUPNLong-Term Stock Performance

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

ETON
AVDL
PRAX
SUPN
StockOct 20Jun 26Return
Eton Pharmaceutical… (ETON)100445.5+345.5%
Avadel Pharmaceutic… (AVDL)100427.6+327.6%
Praxis Precision Me… (PRAX)10053.8-46.2%
Supernus Pharmaceut… (SUPN)100241.7+141.7%

Price return only. Dividends and distributions are not included.

Quick Verdict: ETON vs AVDL vs PRAX vs SUPN

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

Bottom line: AVDL leads in 3 of 7 categories, making it the strongest pick for growth and revenue expansion and capital preservation and lower volatility. Praxis Precision Medicines, Inc. is the stronger pick specifically for profitability and margin quality and recent price momentum and sentiment. SUPN also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
🥇AVDL emerged as the overall leader. Track its performance:
ETON
Eton Pharmaceuticals, Inc.
The Growth Play

ETON is the clearest fit if your priority is growth exposure and long-term compounding.

  • Rev growth 104.9%, EPS growth -13.3%, 3Y rev CAGR 55.5%
  • 419.7% 10Y total return vs SUPN's 142.4%
Best for: growth exposure and long-term compounding
AVDL
Avadel Pharmaceuticals plc
The Income Pick

AVDL carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.

  • beta 0.15
  • Lower volatility, beta 0.15, Low D/E 2.3%, current ratio 2.75x
  • Beta 0.15, current ratio 2.75x
  • 5.0% revenue growth vs PRAX's -100.0%
Best for: income & stability and sleep-well-at-night
PRAX
Praxis Precision Medicines, Inc.
The Quality Compounder

PRAX is the #2 pick in this set and the best alternative if quality and momentum is your priority.

  • 2.4% margin vs SUPN's -3.7%
  • +5.6% vs SUPN's +34.6%
Best for: quality and momentum
SUPN
Supernus Pharmaceuticals, Inc.
The Value Play

SUPN is the clearest fit if your priority is value.

  • Better valuation composite
Best for: value
See the full category breakdown
CategoryWinnerWhy
GrowthAVDL logoAVDL5.0% revenue growth vs PRAX's -100.0%
ValueSUPN logoSUPNBetter valuation composite
Quality / MarginsPRAX logoPRAX2.4% margin vs SUPN's -3.7%
Stability / SafetyAVDL logoAVDLBeta 0.15 vs PRAX's 1.49
DividendsTieNone of these 4 stocks pay a meaningful dividend
Momentum (1Y)PRAX logoPRAX+5.6% vs SUPN's +34.6%
Efficiency (ROA)AVDL logoAVDL-0.2% ROA vs PRAX's -40.2%, ROIC -76.3% vs -65.0%

ETON vs AVDL vs PRAX vs SUPN — Revenue Breakdown by Segment

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

ETONEton Pharmaceuticals, Inc.
FY 2025
Product Sales and Royalties
95.9%$77M
License
4.1%$3M
AVDLAvadel Pharmaceuticals plc
FY 2024
Reportable Segment
100.0%$169M
PRAXPraxis Precision Medicines, Inc.
FY 2024
License
76.8%$9M
Upfront Payment
23.2%$3M
SUPNSupernus Pharmaceuticals, Inc.
FY 2025
Product
47.2%$627M
Qelbree
22.9%$305M
GOCOVRI
11.1%$147M
Collaboration Revenue
4.0%$53M
APOKYN
3.6%$48M
Trokendi Xr
3.2%$42M
Oxtellar X R
3.1%$41M
Other (2)
5.0%$66M

ETON vs AVDL vs PRAX vs SUPN — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLETONLAGGINGPRAX

Income & Cash Flow (Last 12 Months)

Evenly matched — ETON and AVDL each lead in 3 of 6 comparable metrics.

SUPN and PRAX operate at a comparable scale, with $777M and $0 in trailing revenue. Profitability is closely matched — net margins range from -0.1% (AVDL) to -3.7% (SUPN). On growth, AVDL holds the edge at +54.9% YoY revenue growth, suggesting stronger near-term business momentum.

MetricETON logoETONEton Pharmaceutic…AVDL logoAVDLAvadel Pharmaceut…PRAX logoPRAXPraxis Precision …SUPN logoSUPNSupernus Pharmace…
RevenueTrailing 12 months$87M$249M$0$777M
EBITDAEarnings before interest/tax$5M$8M-$357M$29M
Net IncomeAfter-tax profit-$1M-$278,000-$327M-$29M
Free Cash FlowCash after capex$15M$35M-$283M$82M
Gross MarginGross profit ÷ Revenue+54.8%+94.5%+89.4%
Operating MarginEBIT ÷ Revenue+2.3%+1.8%-5.5%
Net MarginNet income ÷ Revenue-1.7%-0.1%-3.7%
FCF MarginFCF ÷ Revenue+17.8%+14.2%+10.6%
Rev. Growth (YoY)Latest quarter vs prior year+40.4%+54.9%+38.6%
EPS Growth (YoY)Latest quarter vs prior year+185.5%+100.7%+2.7%+81.0%
Evenly matched — ETON and AVDL each lead in 3 of 6 comparable metrics.

Valuation Metrics

SUPN leads this category, winning 5 of 6 comparable metrics.

On an enterprise value basis, SUPN's 45.1x EV/EBITDA is more attractive than ETON's 217.4x.

MetricETON logoETONEton Pharmaceutic…AVDL logoAVDLAvadel Pharmaceut…PRAX logoPRAXPraxis Precision …SUPN logoSUPNSupernus Pharmace…
Market CapShares × price$890M$2.1B$8.2B$2.6B
Enterprise ValueMkt cap + debt − cash$895M$2.1B$7.8B$2.5B
Trailing P/EPrice ÷ TTM EPS-191.06x-42.43x-20.94x-65.26x
Forward P/EPrice ÷ next-FY EPS est.40.46x28.28x17.85x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple217.39x45.12x
Price / SalesMarket cap ÷ Revenue11.13x12.44x3.55x
Price / BookPrice ÷ Book value/share33.42x27.88x7.24x2.36x
Price / FCFMarket cap ÷ FCF87.30x55.56x
SUPN leads this category, winning 5 of 6 comparable metrics.

Profitability & Efficiency

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

AVDL delivers a -0.3% return on equity — every $100 of shareholder capital generates $-0 in annual profit, vs $-43 for PRAX. PRAX carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to ETON's 1.19x. On the Piotroski fundamental quality scale (0–9), ETON scores 5/9 vs PRAX's 3/9, reflecting solid financial health.

MetricETON logoETONEton Pharmaceutic…AVDL logoAVDLAvadel Pharmaceut…PRAX logoPRAXPraxis Precision …SUPN logoSUPNSupernus Pharmace…
ROE (TTM)Return on equity-5.7%-0.3%-43.0%-2.7%
ROA (TTM)Return on assets-1.5%-0.2%-40.2%-2.0%
ROICReturn on invested capital+0.2%-76.3%-65.0%-2.8%
ROCEReturn on capital employed+0.1%-34.9%-49.3%-3.4%
Piotroski ScoreFundamental quality 0–95434
Debt / EquityFinancial leverage1.19x0.02x0.00x0.04x
Net DebtTotal debt minus cash$5M-$50M-$357M-$87M
Cash & Equiv.Liquid assets$26M$51M$357M$128M
Total DebtShort + long-term debt$31M$2M$110,000$41M
Interest CoverageEBIT ÷ Interest expense0.96x0.66x
ETON leads this category, winning 4 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — ETON and PRAX each lead in 3 of 6 comparable metrics.

A $10,000 investment in ETON five years ago would be worth $54,314 today (with dividends reinvested), compared to $8,746 for PRAX. Over the past 12 months, PRAX leads with a +557.0% total return vs SUPN's +34.6%. The 3-year compound annual growth rate (CAGR) favors PRAX at 157.7% vs SUPN's 9.8% — a key indicator of consistent wealth creation.

MetricETON logoETONEton Pharmaceutic…AVDL logoAVDLAvadel Pharmaceut…PRAX logoPRAXPraxis Precision …SUPN logoSUPNSupernus Pharmace…
YTD ReturnYear-to-date+99.8%+0.6%-1.4%-10.3%
1-Year ReturnPast 12 months+137.1%+132.2%+557.0%+34.6%
3-Year ReturnCumulative with dividends+720.2%+49.4%+1611.0%+32.3%
5-Year ReturnCumulative with dividends+443.1%+175.7%-12.5%+38.3%
10-Year ReturnCumulative with dividends+419.7%+127.8%-32.3%+142.4%
CAGR (3Y)Annualised 3-year return+101.7%+14.3%+157.7%+9.8%
Evenly matched — ETON and PRAX each lead in 3 of 6 comparable metrics.

Risk & Volatility

AVDL leads this category, winning 2 of 2 comparable metrics.

AVDL is the less volatile stock with a 0.15 beta — it tends to amplify market swings less than PRAX's 1.49 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. AVDL currently trades 91.8% from its 52-week high vs SUPN's 74.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricETON logoETONEton Pharmaceutic…AVDL logoAVDLAvadel Pharmaceut…PRAX logoPRAXPraxis Precision …SUPN logoSUPNSupernus Pharmace…
Beta (5Y)Sensitivity to S&P 5000.49x0.15x1.49x0.73x
52-Week HighHighest price in past year$35.58$23.57$366.52$59.68
52-Week LowLowest price in past year$13.09$8.52$37.19$30.83
% of 52W HighCurrent price vs 52-week peak+91.3%+91.8%+77.0%+74.4%
RSI (14)Momentum oscillator 0–10061.561.842.534.7
Avg Volume (50D)Average daily shares traded364K0407K598K
AVDL leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: ETON as "Buy", AVDL as "Buy", PRAX as "Buy", SUPN as "Buy". Consensus price targets imply 106.9% upside for PRAX (target: $584) vs -1.0% for AVDL (target: $21).

MetricETON logoETONEton Pharmaceutic…AVDL logoAVDLAvadel Pharmaceut…PRAX logoPRAXPraxis Precision …SUPN logoSUPNSupernus Pharmace…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuy
Price TargetConsensus 12-month target$57.00$21.43$584.00$60.00
# AnalystsCovering analysts6141614
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises1
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

SUPN leads in 1 of 6 categories (Valuation Metrics). ETON leads in 1 (Profitability & Efficiency). 2 tied.

Best OverallEton Pharmaceuticals, Inc. (ETON)Leads 1 of 6 categories
Loading custom metrics...

ETON vs AVDL vs PRAX vs SUPN: Key Questions Answered

9 questions · data-driven answers · updated daily

01

Is ETON or AVDL or PRAX or SUPN a better buy right now?

For growth investors, Avadel Pharmaceuticals plc (AVDL) is the stronger pick with 504.

8% revenue growth year-over-year, versus -100. 0% for Praxis Precision Medicines, Inc. (PRAX). Analysts rate Eton Pharmaceuticals, Inc. (ETON) a "Buy" — based on 6 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 — ETON or AVDL or PRAX or SUPN?

Over the past 5 years, Eton Pharmaceuticals, Inc.

(ETON) delivered a total return of +443. 1%, compared to -12. 5% for Praxis Precision Medicines, Inc. (PRAX). Over 10 years, the gap is even starker: ETON returned +419. 7% versus PRAX's -32. 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 — ETON or AVDL or PRAX or SUPN?

By beta (market sensitivity over 5 years), Avadel Pharmaceuticals plc (AVDL) is the lower-risk stock at 0.

15β versus Praxis Precision Medicines, Inc. 's 1. 49β — meaning PRAX is approximately 881% more volatile than AVDL relative to the S&P 500. On balance sheet safety, Praxis Precision Medicines, Inc. (PRAX) carries a lower debt/equity ratio of 0% versus 119% for Eton Pharmaceuticals, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — ETON or AVDL or PRAX or SUPN?

By revenue growth (latest reported year), Avadel Pharmaceuticals plc (AVDL) is pulling ahead at 504.

8% versus -100. 0% for Praxis Precision Medicines, Inc. (PRAX). On earnings-per-share growth, the picture is similar: Avadel Pharmaceuticals plc grew EPS 74. 5% year-over-year, compared to -151. 5% for Supernus Pharmaceuticals, Inc.. Over a 3-year CAGR, ETON leads at 55. 5% 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 — ETON or AVDL or PRAX or SUPN?

Praxis Precision Medicines, Inc.

(PRAX) is the more profitable company, earning 0. 0% net margin versus -28. 9% for Avadel Pharmaceuticals plc — meaning it keeps 0. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ETON leads at 0. 1% versus -25. 1% for AVDL. At the gross margin level — before operating expenses — AVDL leads at 91. 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

Is ETON or AVDL or PRAX or SUPN more undervalued right now?

On forward earnings alone, Supernus Pharmaceuticals, Inc.

(SUPN) trades at 17. 8x forward P/E versus 40. 5x for Eton Pharmaceuticals, Inc. — 22. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PRAX: 106. 9% to $584. 00.

07

Which pays a better dividend — ETON or AVDL or PRAX or SUPN?

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.

08

Is ETON or AVDL or PRAX or SUPN better for a retirement portfolio?

For long-horizon retirement investors, Avadel Pharmaceuticals plc (AVDL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

15), +127. 8% 10Y return). Both have compounded well over 10 years (AVDL: +127. 8%, PRAX: -32. 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.

09

What are the main differences between ETON and AVDL and PRAX and SUPN?

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: ETON is a small-cap high-growth stock; AVDL is a small-cap high-growth stock; PRAX is a small-cap quality compounder stock; SUPN 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.

You Might Also Compare

Based on how these companies actually compete and overlap — not just which sector they're filed under.