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Stock Comparison

FENC vs LCTX vs RCKT vs NKTR

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

Live fundamentals10-year financials5-year price chart
FENC
Fennec Pharmaceuticals Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$194M
5Y Perf.-6.4%
LCTX
Lineage Cell Therapeutics, Inc.

Biotechnology

HealthcareAMEX • US
Market Cap$333M
5Y Perf.+55.4%
RCKT
Rocket Pharmaceuticals, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$398M
5Y Perf.-80.7%
NKTR
Nektar Therapeutics

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.69B
5Y Perf.-74.8%

FENC vs LCTX vs RCKT vs NKTR — Key Financials

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

Company Snapshot
FENC logoFENC
LCTX logoLCTX
RCKT logoRCKT
NKTR logoNKTR
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnology
Market Cap$194M$333M$398M$1.69B
Revenue (TTM)$39M$15M$0.00$55M
Net Income (TTM)$-7M$-64M$-223M$-164M
Gross Margin93.1%99.0%99.6%
Operating Margin-12.0%-251.6%-237.9%
Forward P/E54.3x
Total Debt$19M$2M$25M$149M
Cash & Equiv.$27M$41M$78M$15M

FENC vs LCTX vs RCKT vs NKTRLong-Term Stock Performance

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

FENC
LCTX
RCKT
NKTR
StockMay 20May 26Return
Fennec Pharmaceutic… (FENC)10093.6-6.4%
Lineage Cell Therap… (LCTX)100155.4+55.4%
Rocket Pharmaceutic… (RCKT)10019.3-80.7%
Nektar Therapeutics (NKTR)10025.2-74.8%

Price return only. Dividends and distributions are not included.

Quick Verdict: FENC vs LCTX vs RCKT vs NKTR

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

Bottom line: FENC leads in 3 of 6 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. Rocket Pharmaceuticals, Inc. is the stronger pick specifically for capital preservation and lower volatility. NKTR also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
FENC
Fennec Pharmaceuticals Inc.
The Growth Play

FENC carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.

  • Rev growth 123.7%, EPS growth 97.3%
  • -42.5% 10Y total return vs LCTX's -51.2%
  • 123.7% revenue growth vs NKTR's -43.9%
  • -17.9% margin vs LCTX's -436.5%
Best for: growth exposure and long-term compounding
LCTX
Lineage Cell Therapeutics, Inc.
The Growth Angle

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

Best for: healthcare exposure
RCKT
Rocket Pharmaceuticals, Inc.
The Income Pick

RCKT is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.

  • beta 1.31
  • Lower volatility, beta 1.31, Low D/E 9.0%, current ratio 6.38x
  • Beta 1.31, current ratio 6.38x
  • Beta 1.31 vs NKTR's 1.85, lower leverage
Best for: income & stability and sleep-well-at-night
NKTR
Nektar Therapeutics
The Momentum Pick

NKTR is the clearest fit if your priority is momentum.

  • +8.2% vs RCKT's -45.2%
Best for: momentum
See the full category breakdown
CategoryWinnerWhy
GrowthFENC logoFENC123.7% revenue growth vs NKTR's -43.9%
Quality / MarginsFENC logoFENC-17.9% margin vs LCTX's -436.5%
Stability / SafetyRCKT logoRCKTBeta 1.31 vs NKTR's 1.85, lower leverage
DividendsTieNone of these 4 stocks pay a meaningful dividend
Momentum (1Y)NKTR logoNKTR+8.2% vs RCKT's -45.2%
Efficiency (ROA)FENC logoFENC-15.0% ROA vs RCKT's -67.5%

FENC vs LCTX vs RCKT vs NKTR — Revenue Breakdown by Segment

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

FENCFennec Pharmaceuticals Inc.
FY 2020
Royalty
100.0%$170,000
LCTXLineage Cell Therapeutics, Inc.
FY 2025
Collaboration Revenues
100.0%$14M
RCKTRocket Pharmaceuticals, Inc.

Segment breakdown not available.

NKTRNektar Therapeutics
FY 2025
Non Cash Royalty Revenue Related To Sale Of Future Royalties
99.5%$55M
License Collaboration And Other Revenue
0.5%$300,000

FENC vs LCTX vs RCKT vs NKTR — Financial Metrics

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

BEST OVERALLFENCLAGGINGRCKT

Income & Cash Flow (Last 12 Months)

FENC leads this category, winning 3 of 6 comparable metrics.

NKTR and RCKT operate at a comparable scale, with $55M and $0 in trailing revenue. Profitability is closely matched — net margins range from -17.9% (FENC) to -4.4% (LCTX). On growth, LCTX holds the edge at +130.4% YoY revenue growth, suggesting stronger near-term business momentum.

MetricFENC logoFENCFennec Pharmaceut…LCTX logoLCTXLineage Cell Ther…RCKT logoRCKTRocket Pharmaceut…NKTR logoNKTRNektar Therapeuti…
RevenueTrailing 12 months$39M$15M$0$55M
EBITDAEarnings before interest/tax-$5M-$36M-$232M-$130M
Net IncomeAfter-tax profit-$7M-$64M-$223M-$164M
Free Cash FlowCash after capex-$8M-$19M-$190M-$209M
Gross MarginGross profit ÷ Revenue+93.1%+99.0%+99.6%
Operating MarginEBIT ÷ Revenue-12.0%-2.5%-2.4%
Net MarginNet income ÷ Revenue-17.9%-4.4%-3.0%
FCF MarginFCF ÷ Revenue-20.6%-131.6%-3.8%
Rev. Growth (YoY)Latest quarter vs prior year+78.7%+130.4%-25.3%
EPS Growth (YoY)Latest quarter vs prior year+89.1%+100.0%+38.7%-4.5%
FENC leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

FENC leads this category, winning 2 of 3 comparable metrics.
MetricFENC logoFENCFennec Pharmaceut…LCTX logoLCTXLineage Cell Ther…RCKT logoRCKTRocket Pharmaceut…NKTR logoNKTRNektar Therapeuti…
Market CapShares × price$194M$333M$398M$1.7B
Enterprise ValueMkt cap + debt − cash$186M$295M$345M$1.8B
Trailing P/EPrice ÷ TTM EPS-431.25x-4.89x-1.83x-8.57x
Forward P/EPrice ÷ next-FY EPS est.54.27x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple55.32x
Price / SalesMarket cap ÷ Revenue4.07x22.88x30.64x
Price / BookPrice ÷ Book value/share7.27x1.47x15.66x
Price / FCFMarket cap ÷ FCF7.18x
FENC leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

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

RCKT delivers a -80.5% return on equity — every $100 of shareholder capital generates $-80 in annual profit, vs $-4 for NKTR. LCTX carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to NKTR's 1.66x. On the Piotroski fundamental quality scale (0–9), FENC scores 6/9 vs RCKT's 1/9, reflecting solid financial health.

MetricFENC logoFENCFennec Pharmaceut…LCTX logoLCTXLineage Cell Ther…RCKT logoRCKTRocket Pharmaceut…NKTR logoNKTRNektar Therapeuti…
ROE (TTM)Return on equity-134.5%-80.5%-4.0%
ROA (TTM)Return on assets-15.0%-62.8%-67.5%-62.8%
ROICReturn on invested capital-141.9%-63.2%-57.2%
ROCEReturn on capital employed+9.0%-36.5%-58.9%-55.7%
Piotroski ScoreFundamental quality 0–96412
Debt / EquityFinancial leverage0.06x0.09x1.66x
Net DebtTotal debt minus cash-$7M-$38M-$53M$134M
Cash & Equiv.Liquid assets$27M$41M$78M$15M
Total DebtShort + long-term debt$19M$2M$25M$149M
Interest CoverageEBIT ÷ Interest expense-1.57x-4.74x
FENC leads this category, winning 4 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

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

A $10,000 investment in FENC five years ago would be worth $11,183 today (with dividends reinvested), compared to $838 for RCKT. Over the past 12 months, NKTR leads with a +818.2% total return vs RCKT's -45.2%. The 3-year compound annual growth rate (CAGR) favors NKTR at 93.3% vs RCKT's -44.4% — a key indicator of consistent wealth creation.

MetricFENC logoFENCFennec Pharmaceut…LCTX logoLCTXLineage Cell Ther…RCKT logoRCKTRocket Pharmaceut…NKTR logoNKTRNektar Therapeuti…
YTD ReturnYear-to-date-10.2%-16.5%+6.1%+92.0%
1-Year ReturnPast 12 months+12.9%+208.6%-45.2%+818.2%
3-Year ReturnCumulative with dividends-13.2%-8.1%-82.8%+621.8%
5-Year ReturnCumulative with dividends+11.8%-50.0%-91.6%-72.3%
10-Year ReturnCumulative with dividends-42.5%-51.2%-91.3%-59.1%
CAGR (3Y)Annualised 3-year return-4.6%-2.8%-44.4%+93.3%
NKTR leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — RCKT and NKTR each lead in 1 of 2 comparable metrics.

RCKT is the less volatile stock with a 1.31 beta — it tends to amplify market swings less than NKTR's 1.85 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NKTR currently trades 76.5% from its 52-week high vs RCKT's 49.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricFENC logoFENCFennec Pharmaceut…LCTX logoLCTXLineage Cell Ther…RCKT logoRCKTRocket Pharmaceut…NKTR logoNKTRNektar Therapeuti…
Beta (5Y)Sensitivity to S&P 5001.78x1.50x1.21x1.80x
52-Week HighHighest price in past year$9.92$2.09$7.39$109.00
52-Week LowLowest price in past year$5.65$0.42$2.19$7.99
% of 52W HighCurrent price vs 52-week peak+69.6%+65.6%+49.7%+76.5%
RSI (14)Momentum oscillator 0–10058.939.454.453.4
Avg Volume (50D)Average daily shares traded176K1.2M3.5M991K
Evenly matched — RCKT and NKTR each lead in 1 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

Analyst consensus: FENC as "Buy", LCTX as "Buy", RCKT as "Buy", NKTR as "Buy". Consensus price targets imply 160.9% upside for FENC (target: $18) vs 36.2% for RCKT (target: $5).

MetricFENC logoFENCFennec Pharmaceut…LCTX logoLCTXLineage Cell Ther…RCKT logoRCKTRocket Pharmaceut…NKTR logoNKTRNektar Therapeuti…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuy
Price TargetConsensus 12-month target$18.00$5.00$147.33
# AnalystsCovering analysts751933
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises0
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap+0.1%0.0%0.0%0.0%
Insufficient data to determine a leader in this category.
Key Takeaway

FENC leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). NKTR leads in 1 (Total Returns). 1 tied.

Best OverallFennec Pharmaceuticals Inc. (FENC)Leads 3 of 6 categories
Loading custom metrics...

FENC vs LCTX vs RCKT vs NKTR: Key Questions Answered

9 questions · data-driven answers · updated daily

01

Is FENC or LCTX or RCKT or NKTR a better buy right now?

For growth investors, Fennec Pharmaceuticals Inc.

(FENC) is the stronger pick with 123. 7% revenue growth year-over-year, versus -43. 9% for Nektar Therapeutics (NKTR). Analysts rate Fennec Pharmaceuticals Inc. (FENC) a "Buy" — based on 7 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 — FENC or LCTX or RCKT or NKTR?

Over the past 5 years, Fennec Pharmaceuticals Inc.

(FENC) delivered a total return of +11. 8%, compared to -91. 6% for Rocket Pharmaceuticals, Inc. (RCKT). Over 10 years, the gap is even starker: FENC returned -42. 3% versus RCKT's -91. 4%. 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 — FENC or LCTX or RCKT or NKTR?

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

(RCKT) is the lower-risk stock at 1. 21β versus Nektar Therapeutics's 1. 80β — meaning NKTR is approximately 49% more volatile than RCKT relative to the S&P 500. On balance sheet safety, Lineage Cell Therapeutics, Inc. (LCTX) carries a lower debt/equity ratio of 6% versus 166% for Nektar Therapeutics — giving it more financial flexibility in a downturn.

04

Which is growing faster — FENC or LCTX or RCKT or NKTR?

By revenue growth (latest reported year), Fennec Pharmaceuticals Inc.

(FENC) is pulling ahead at 123. 7% versus -43. 9% for Nektar Therapeutics (NKTR). On earnings-per-share growth, the picture is similar: Fennec Pharmaceuticals Inc. grew EPS 97. 3% year-over-year, compared to -201. 1% for Lineage Cell Therapeutics, Inc.. Over a 3-year CAGR, LCTX leads at -0. 3% 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 — FENC or LCTX or RCKT or NKTR?

Rocket Pharmaceuticals, Inc.

(RCKT) is the more profitable company, earning 0. 0% net margin versus -436. 5% for Lineage Cell Therapeutics, Inc. — meaning it keeps 0. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FENC leads at 5. 4% versus -251. 6% for LCTX. At the gross margin level — before operating expenses — NKTR 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.

06

Is FENC or LCTX or RCKT or NKTR more undervalued right now?

Analyst consensus price targets imply the most upside for FENC: 160.

9% to $18. 00.

07

Which pays a better dividend — FENC or LCTX or RCKT or NKTR?

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 FENC or LCTX or RCKT or NKTR better for a retirement portfolio?

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

(RCKT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 21)). Nektar Therapeutics (NKTR) carries a higher beta of 1. 80 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (RCKT: -91. 4%, NKTR: -59. 8%), 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 FENC and LCTX and RCKT and NKTR?

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: FENC is a small-cap high-growth stock; LCTX is a small-cap high-growth stock; RCKT is a small-cap quality compounder stock; NKTR 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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  • Market Cap > $100B
  • Revenue Growth > 39%
  • Gross Margin > 55%
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  • Market Cap > $100B
  • Revenue Growth > 65%
  • Gross Margin > 59%
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  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 59%
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(FENC: 78.7% · LCTX: 130.4%)

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