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Stock Comparison

EVAX vs IOVA vs IMVT vs FATE

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

Live fundamentals10-year financials5-year price chart
EVAX
Evaxion Biotech A/S

Biotechnology

HealthcareNASDAQ • DK
Market Cap$26M
5Y Perf.-98.8%
IOVA
Iovance Biotherapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.27B
5Y Perf.-90.5%
IMVT
Immunovant, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$5.53B
5Y Perf.+72.5%
FATE
Fate Therapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$280M
5Y Perf.-97.3%

EVAX vs IOVA vs IMVT vs FATE — Key Financials

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

Company Snapshot
EVAX logoEVAX
IOVA logoIOVA
IMVT logoIMVT
FATE logoFATE
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnology
Market Cap$26M$1.27B$5.53B$280M
Revenue (TTM)$8M$286M$0.00$7M
Net Income (TTM)$-8M$-354M$-464M$-136M
Gross Margin99.7%114.5%
Operating Margin-122.7%-127.2%-22.2%
Total Debt$8M$48M$98K$78M
Cash & Equiv.$23M$163M$714M$47M

EVAX vs IOVA vs IMVT vs FATELong-Term Stock Performance

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

EVAX
IOVA
IMVT
FATE
StockFeb 21May 26Return
Evaxion Biotech A/S (EVAX)1001.2-98.8%
Iovance Biotherapeu… (IOVA)1009.5-90.5%
Immunovant, Inc. (IMVT)100172.5+72.5%
Fate Therapeutics, … (FATE)1002.7-97.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: EVAX vs IOVA vs IMVT vs FATE

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

Bottom line: EVAX leads in 4 of 6 categories, 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. As sector peers, any of these can serve as alternatives in the same allocation.
EVAX
Evaxion Biotech A/S
The Income Pick

EVAX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.

  • beta 1.29
  • Rev growth 125.8%, EPS growth 87.7%
  • Beta 1.29, current ratio 5.85x
  • 125.8% revenue growth vs FATE's -51.2%
Best for: income & stability and growth exposure
IOVA
Iovance Biotherapeutics, Inc.
The Growth Angle

IOVA plays a supporting role in this comparison — it may shine differently against other peers.

Best for: healthcare exposure
IMVT
Immunovant, Inc.
The Long-Run Compounder

IMVT is the #2 pick in this set and the best alternative if long-term compounding and sleep-well-at-night is your priority.

  • 173.6% 10Y total return vs FATE's 40.5%
  • Lower volatility, beta 1.37, Low D/E 0.0%, current ratio 11.16x
  • 3.2% margin vs FATE's -20.5%
Best for: long-term compounding and sleep-well-at-night
FATE
Fate Therapeutics, Inc.
The Secondary Option

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

Best for: healthcare exposure
See the full category breakdown
CategoryWinnerWhy
GrowthEVAX logoEVAX125.8% revenue growth vs FATE's -51.2%
Quality / MarginsIMVT logoIMVT3.2% margin vs FATE's -20.5%
Stability / SafetyEVAX logoEVAXBeta 1.29 vs FATE's 2.17
DividendsTieNone of these 4 stocks pay a meaningful dividend
Momentum (1Y)EVAX logoEVAX+175.0% vs IOVA's +13.4%
Efficiency (ROA)EVAX logoEVAX-29.2% ROA vs IMVT's -44.1%

EVAX vs IOVA vs IMVT vs FATE — Revenue Breakdown by Segment

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

EVAXEvaxion Biotech A/S

Segment breakdown not available.

IOVAIovance Biotherapeutics, Inc.

Segment breakdown not available.

IMVTImmunovant, Inc.

Segment breakdown not available.

FATEFate Therapeutics, Inc.
FY 2023
Upfront Fee And Equity Premium
100.0%$31M

EVAX vs IOVA vs IMVT vs FATE — Financial Metrics

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

BEST OVERALLIMVTLAGGINGFATE

Income & Cash Flow (Last 12 Months)

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

IOVA and IMVT operate at a comparable scale, with $286M and $0 in trailing revenue. Profitability is closely matched — net margins range from -102.4% (EVAX) to -20.5% (FATE). On growth, IOVA holds the edge at +44.8% YoY revenue growth, suggesting stronger near-term business momentum.

MetricEVAX logoEVAXEvaxion Biotech A…IOVA logoIOVAIovance Biotherap…IMVT logoIMVTImmunovant, Inc.FATE logoFATEFate Therapeutics…
RevenueTrailing 12 months$8M$286M$0$7M
EBITDAEarnings before interest/tax-$4M-$330M-$487M-$148M
Net IncomeAfter-tax profit-$8M-$354M-$464M-$136M
Free Cash FlowCash after capex-$7M-$305M-$423M-$88M
Gross MarginGross profit ÷ Revenue+99.7%+114.5%
Operating MarginEBIT ÷ Revenue-122.7%-127.2%-22.2%
Net MarginNet income ÷ Revenue-102.4%-123.9%-20.5%
FCF MarginFCF ÷ Revenue-88.2%-106.8%-13.2%
Rev. Growth (YoY)Latest quarter vs prior year-81.9%+44.8%-26.4%
EPS Growth (YoY)Latest quarter vs prior year+73.8%+47.2%+19.7%+38.6%
EVAX leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

Evenly matched — EVAX and IMVT and FATE each lead in 1 of 3 comparable metrics.
MetricEVAX logoEVAXEvaxion Biotech A…IOVA logoIOVAIovance Biotherap…IMVT logoIMVTImmunovant, Inc.FATE logoFATEFate Therapeutics…
Market CapShares × price$26M$1.3B$5.5B$280M
Enterprise ValueMkt cap + debt − cash$10M$1.2B$4.8B$312M
Trailing P/EPrice ÷ TTM EPS-3.36x-3.26x-9.97x-2.11x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue3.40x4.82x42.18x
Price / BookPrice ÷ Book value/share1.53x1.82x5.83x1.39x
Price / FCFMarket cap ÷ FCF
Evenly matched — EVAX and IMVT and FATE each lead in 1 of 3 comparable metrics.

Profitability & Efficiency

IMVT leads this category, winning 4 of 8 comparable metrics.

IMVT delivers a -47.1% return on equity — every $100 of shareholder capital generates $-47 in annual profit, vs $-66 for FATE. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to EVAX's 0.44x. On the Piotroski fundamental quality scale (0–9), IOVA scores 5/9 vs FATE's 2/9, reflecting solid financial health.

MetricEVAX logoEVAXEvaxion Biotech A…IOVA logoIOVAIovance Biotherap…IMVT logoIMVTImmunovant, Inc.FATE logoFATEFate Therapeutics…
ROE (TTM)Return on equity-61.6%-50.2%-47.1%-65.8%
ROA (TTM)Return on assets-29.2%-38.8%-44.1%-42.7%
ROICReturn on invested capital-3.0%-48.9%-36.5%
ROCEReturn on capital employed-57.4%-51.6%-66.1%-43.1%
Piotroski ScoreFundamental quality 0–94522
Debt / EquityFinancial leverage0.44x0.07x0.00x0.38x
Net DebtTotal debt minus cash-$16M-$115M-$714M$31M
Cash & Equiv.Liquid assets$23M$163M$714M$47M
Total DebtShort + long-term debt$8M$48M$98,000$78M
Interest CoverageEBIT ÷ Interest expense-10.54x
IMVT leads this category, winning 4 of 8 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 $123 for EVAX. Over the past 12 months, EVAX leads with a +175.0% total return vs IOVA's +13.4%. The 3-year compound annual growth rate (CAGR) favors IMVT at 12.1% vs EVAX's -62.0% — a key indicator of consistent wealth creation.

MetricEVAX logoEVAXEvaxion Biotech A…IOVA logoIOVAIovance Biotherap…IMVT logoIMVTImmunovant, Inc.FATE logoFATEFate Therapeutics…
YTD ReturnYear-to-date-13.6%+40.9%+5.1%+145.5%
1-Year ReturnPast 12 months+175.0%+13.4%+96.1%+143.0%
3-Year ReturnCumulative with dividends-94.5%-49.9%+40.9%-55.4%
5-Year ReturnCumulative with dividends-98.8%-87.6%+62.4%-96.8%
10-Year ReturnCumulative with dividends-99.2%-34.3%+173.6%+40.5%
CAGR (3Y)Annualised 3-year return-62.0%-20.6%+12.1%-23.6%
IMVT leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — EVAX and FATE each lead in 1 of 2 comparable metrics.

EVAX is the less volatile stock with a 1.29 beta — it tends to amplify market swings less than FATE's 2.17 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FATE currently trades 98.6% from its 52-week high vs EVAX's 33.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricEVAX logoEVAXEvaxion Biotech A…IOVA logoIOVAIovance Biotherap…IMVT logoIMVTImmunovant, Inc.FATE logoFATEFate Therapeutics…
Beta (5Y)Sensitivity to S&P 5001.29x2.01x1.37x2.17x
52-Week HighHighest price in past year$12.15$5.63$30.09$2.46
52-Week LowLowest price in past year$1.43$1.64$13.36$0.91
% of 52W HighCurrent price vs 52-week peak+33.5%+63.1%+90.5%+98.6%
RSI (14)Momentum oscillator 0–10056.563.160.281.0
Avg Volume (50D)Average daily shares traded32K16.2M1.4M1.9M
Evenly matched — EVAX and FATE each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: IOVA as "Buy", IMVT as "Buy", FATE as "Buy". Consensus price targets imply 1525.5% upside for FATE (target: $40) vs -43.7% for IOVA (target: $2).

MetricEVAX logoEVAXEvaxion Biotech A…IOVA logoIOVAIovance Biotherap…IMVT logoIMVTImmunovant, Inc.FATE logoFATEFate Therapeutics…
Analyst RatingConsensus buy/hold/sellBuyBuyBuy
Price TargetConsensus 12-month target$2.00$45.50$39.50
# AnalystsCovering analysts202331
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

IMVT leads in 2 of 6 categories (Profitability & Efficiency, Total Returns). EVAX leads in 1 (Income & Cash Flow). 2 tied.

Best OverallImmunovant, Inc. (IMVT)Leads 2 of 6 categories
Loading custom metrics...

EVAX vs IOVA vs IMVT vs FATE: Key Questions Answered

8 questions · data-driven answers · updated daily

01

Is EVAX or IOVA or IMVT or FATE a better buy right now?

For growth investors, Evaxion Biotech A/S (EVAX) is the stronger pick with 125.

8% revenue growth year-over-year, versus -51. 2% for Fate Therapeutics, Inc. (FATE). Analysts rate Iovance Biotherapeutics, Inc. (IOVA) a "Buy" — based on 20 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 — EVAX or IOVA or IMVT or FATE?

Over the past 5 years, Immunovant, Inc.

(IMVT) delivered a total return of +62. 4%, compared to -98. 8% for Evaxion Biotech A/S (EVAX). Over 10 years, the gap is even starker: IMVT returned +173. 6% versus EVAX's -99. 2%. 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 — EVAX or IOVA or IMVT or FATE?

By beta (market sensitivity over 5 years), Evaxion Biotech A/S (EVAX) is the lower-risk stock at 1.

29β versus Fate Therapeutics, Inc. 's 2. 17β — meaning FATE is approximately 69% more volatile than EVAX relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 44% for Evaxion Biotech A/S — giving it more financial flexibility in a downturn.

04

Which is growing faster — EVAX or IOVA or IMVT or FATE?

By revenue growth (latest reported year), Evaxion Biotech A/S (EVAX) is pulling ahead at 125.

8% versus -51. 2% for Fate Therapeutics, Inc. (FATE). On earnings-per-share growth, the picture is similar: Evaxion Biotech A/S grew EPS 87. 7% year-over-year, compared to -45. 2% for Immunovant, Inc.. 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 — EVAX or IOVA or IMVT or FATE?

Immunovant, Inc.

(IMVT) is the more profitable company, earning 0. 0% net margin versus -20. 5% for Fate 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 -22. 2% for FATE. At the gross margin level — before operating expenses — EVAX leads at 99. 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.

06

Which pays a better dividend — EVAX or IOVA or IMVT or FATE?

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 EVAX or IOVA or IMVT or FATE better for a retirement portfolio?

For long-horizon retirement investors, Immunovant, Inc.

(IMVT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+173. 6% 10Y return). Iovance Biotherapeutics, Inc. (IOVA) carries a higher beta of 2. 01 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (IMVT: +173. 6%, IOVA: -34. 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.

08

What are the main differences between EVAX and IOVA and IMVT and FATE?

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: EVAX is a small-cap high-growth stock; IOVA is a small-cap high-growth stock; IMVT is a small-cap quality compounder stock; FATE 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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EVAX

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  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 59%
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  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 22%
  • Gross Margin > 68%
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