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GOVX vs DBVT vs NVAX vs AGEN vs MRK
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Biotechnology
Drug Manufacturers - General
GOVX vs DBVT vs NVAX vs AGEN vs MRK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Biotechnology | Drug Manufacturers - General |
| Market Cap | $2M | $1712.35T | $1.50B | $132M | $277.34B |
| Revenue (TTM) | $2M | $0.00 | $596M | $114M | $64.93B |
| Net Income (TTM) | $-21M | $-168M | $-88M | $115K | $18.25B |
| Gross Margin | 100.0% | — | 84.6% | 35.7% | 74.2% |
| Operating Margin | -8.7% | — | -11.2% | -17.7% | 41.1% |
| Forward P/E | — | — | 3.6x | 2.9x | 21.9x |
| Total Debt | $843.17B | $22M | $249M | $10M | $50.53B |
| Cash & Equiv. | $6M | $194M | $241M | $3M | $14.56B |
GOVX vs DBVT vs NVAX vs AGEN vs MRK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 20 | May 26 | Return |
|---|---|---|---|
| GeoVax Labs, Inc. (GOVX) | 100 | 3.5 | -96.5% |
| DBV Technologies S.… (DBVT) | 100 | 114.0 | +14.0% |
| Novavax, Inc. (NVAX) | 100 | 9.3 | -90.7% |
| Agenus Inc. (AGEN) | 100 | 4.8 | -95.2% |
| Merck & Co., Inc. (MRK) | 100 | 140.8 | +40.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: GOVX vs DBVT vs NVAX vs AGEN vs MRK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Among these 5 stocks, GOVX doesn't own a clear edge in any measured category.
DBVT is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.
- Lower volatility, beta 1.26, Low D/E 12.8%, current ratio 3.67x
- Beta 1.26, current ratio 3.67x
- +110.4% vs AGEN's +27.1%
NVAX ranks third and is worth considering specifically for growth exposure.
- Rev growth 64.7%, EPS growth 306.5%, 3Y rev CAGR -11.1%
- 64.7% revenue growth vs DBVT's -100.0%
AGEN is the clearest fit if your priority is value.
- Lower P/E (2.9x vs 21.9x)
MRK carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 14 yrs, beta 0.48, yield 2.9%
- 166.5% 10Y total return vs DBVT's -87.0%
- 28.1% margin vs GOVX's -8.6%
- Beta 0.48 vs AGEN's 2.72
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 64.7% revenue growth vs DBVT's -100.0% | |
| Value | Lower P/E (2.9x vs 21.9x) | |
| Quality / Margins | 28.1% margin vs GOVX's -8.6% | |
| Stability / Safety | Beta 0.48 vs AGEN's 2.72 | |
| Dividends | 2.9% yield; 14-year raise streak; the other 4 pay no meaningful dividend | |
| Momentum (1Y) | +110.4% vs AGEN's +27.1% | |
| Efficiency (ROA) | 14.6% ROA vs DBVT's -89.0% |
GOVX vs DBVT vs NVAX vs AGEN vs MRK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
GOVX vs DBVT vs NVAX vs AGEN vs MRK — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
MRK leads in 4 of 6 categories
GOVX leads 0 • DBVT leads 0 • NVAX leads 0 • AGEN leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
MRK leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MRK and DBVT operate at a comparable scale, with $64.9B and $0 in trailing revenue. MRK is the more profitable business, keeping 28.1% of every revenue dollar as net income compared to GOVX's -8.6%. On growth, AGEN holds the edge at +27.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $2M | $0 | $596M | $114M | $64.9B |
| EBITDAEarnings before interest/tax | -$22M | -$112M | -$47M | -$10M | $32.4B |
| Net IncomeAfter-tax profit | -$21M | -$168M | -$88M | $115,000 | $18.3B |
| Free Cash FlowCash after capex | -$21M | -$151M | -$96M | -$159M | $12.4B |
| Gross MarginGross profit ÷ Revenue | +100.0% | — | +84.6% | +35.7% | +74.2% |
| Operating MarginEBIT ÷ Revenue | -8.7% | — | -11.2% | -17.7% | +41.1% |
| Net MarginNet income ÷ Revenue | -8.6% | — | -14.7% | +0.1% | +28.1% |
| FCF MarginFCF ÷ Revenue | -8.6% | — | -16.1% | -139.1% | +19.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | -100.0% | — | -79.1% | +27.5% | +4.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +86.9% | +91.5% | -102.0% | +85.3% | -19.6% |
Valuation Metrics
Evenly matched — GOVX and AGEN each lead in 2 of 5 comparable metrics.
Valuation Metrics
At 3.6x trailing earnings, NVAX trades at a 76% valuation discount to MRK's 15.4x P/E. On an enterprise value basis, NVAX's 2.6x EV/EBITDA is more attractive than MRK's 10.7x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $2M | $1712.35T | $1.5B | $132M | $277.3B |
| Enterprise ValueMkt cap + debt − cash | $843.2B | $1712.35T | $1.5B | $140M | $313.3B |
| Trailing P/EPrice ÷ TTM EPS | -0.08x | -0.76x | 3.63x | -1102.94x | 15.42x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | 2.94x | 21.93x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | 0.73x |
| EV / EBITDAEnterprise value multiple | — | — | 2.56x | — | 10.68x |
| Price / SalesMarket cap ÷ Revenue | 0.68x | — | 1.34x | 1.16x | 4.27x |
| Price / BookPrice ÷ Book value/share | 0.00x | 0.66x | — | — | 5.35x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — | 22.44x |
Profitability & Efficiency
MRK leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
MRK delivers a 36.1% return on equity — every $100 of shareholder capital generates $36 in annual profit, vs $-130 for DBVT. DBVT carries lower financial leverage with a 0.13x debt-to-equity ratio, signaling a more conservative balance sheet compared to MRK's 0.96x. On the Piotroski fundamental quality scale (0–9), AGEN scores 6/9 vs MRK's 4/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -0.0% | -130.2% | — | — | +36.1% |
| ROA (TTM)Return on assets | -0.0% | -89.0% | -7.4% | +0.1% | +14.6% |
| ROICReturn on invested capital | -0.0% | — | — | — | +22.0% |
| ROCEReturn on capital employed | -0.0% | -145.7% | +100.4% | — | +23.8% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 4 | 5 | 6 | 4 |
| Debt / EquityFinancial leverage | 0.22x | 0.13x | — | — | 0.96x |
| Net DebtTotal debt minus cash | $843.2B | -$172M | $8M | $7M | $36.0B |
| Cash & Equiv.Liquid assets | $6M | $194M | $241M | $3M | $14.6B |
| Total DebtShort + long-term debt | $843.2B | $22M | $249M | $10M | $50.5B |
| Interest CoverageEBIT ÷ Interest expense | — | -189.82x | -5.10x | 1.11x | 19.68x |
Total Returns (Dividends Reinvested)
Evenly matched — NVAX and MRK each lead in 2 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MRK five years ago would be worth $17,024 today (with dividends reinvested), compared to $197 for GOVX. Over the past 12 months, DBVT leads with a +110.4% total return vs AGEN's +27.1%. The 3-year compound annual growth rate (CAGR) favors NVAX at 7.4% vs AGEN's -51.0% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +750.2% | +4.9% | +29.5% | +16.1% | +6.3% |
| 1-Year ReturnPast 12 months | +89.4% | +110.4% | +55.1% | +27.1% | +46.1% |
| 3-Year ReturnCumulative with dividends | -82.4% | +19.7% | +23.9% | -88.2% | +2.9% |
| 5-Year ReturnCumulative with dividends | -98.0% | -69.1% | -94.8% | -93.9% | +70.2% |
| 10-Year ReturnCumulative with dividends | -96.0% | -87.0% | -90.4% | -94.3% | +166.5% |
| CAGR (3Y)Annualised 3-year return | -43.9% | +6.2% | +7.4% | -51.0% | +0.9% |
Risk & Volatility
MRK leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MRK is the less volatile stock with a 0.48 beta — it tends to amplify market swings less than AGEN's 2.72 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MRK currently trades 89.7% from its 52-week high vs GOVX's 40.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.27x | 1.26x | 2.22x | 2.58x | 0.45x |
| 52-Week HighHighest price in past year | $4.40 | $26.18 | $11.97 | $7.34 | $125.14 |
| 52-Week LowLowest price in past year | $0.12 | $7.53 | $5.80 | $2.71 | $73.31 |
| % of 52W HighCurrent price vs 52-week peak | +40.0% | +76.3% | +77.1% | +51.1% | +89.7% |
| RSI (14)Momentum oscillator 0–100 | 67.8 | 48.1 | 64.4 | 48.8 | 46.7 |
| Avg Volume (50D)Average daily shares traded | 217K | 252K | 4.4M | 814K | 7.3M |
Analyst Outlook
MRK leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: DBVT as "Buy", NVAX as "Buy", AGEN as "Buy", MRK as "Buy". Consensus price targets imply 131.8% upside for DBVT (target: $46) vs 15.2% for MRK (target: $129). MRK is the only dividend payer here at 2.90% yield — a key consideration for income-focused portfolios.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | — | $46.33 | $18.00 | $7.33 | $129.31 |
| # AnalystsCovering analysts | — | 15 | 23 | 11 | 37 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | +2.9% |
| Dividend StreakConsecutive years of raises | — | 0 | 1 | 1 | 14 |
| Dividend / ShareAnnual DPS | — | — | — | — | $3.26 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.3% | +0.1% | +1.8% |
MRK leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 2 categories are tied.
GOVX vs DBVT vs NVAX vs AGEN vs MRK: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is GOVX or DBVT or NVAX or AGEN or MRK a better buy right now?
For growth investors, Novavax, Inc.
(NVAX) is the stronger pick with 64. 7% revenue growth year-over-year, versus -37. 1% for GeoVax Labs, Inc. (GOVX). 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.
02Which has the better valuation — GOVX or DBVT or NVAX or AGEN or MRK?
On trailing P/E, Novavax, Inc.
(NVAX) is the cheapest at 3. 6x versus Merck & Co. , Inc. at 15. 4x. On forward P/E, Agenus Inc. is actually cheaper at 2. 9x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — GOVX or DBVT or NVAX or AGEN or MRK?
Over the past 5 years, Merck & Co.
, Inc. (MRK) delivered a total return of +70. 2%, compared to -98. 0% for GeoVax Labs, Inc. (GOVX). Over 10 years, the gap is even starker: MRK returned +164. 7% versus GOVX's -96. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — GOVX or DBVT or NVAX or AGEN or MRK?
By beta (market sensitivity over 5 years), Merck & Co.
, Inc. (MRK) is the lower-risk stock at 0. 45β versus Agenus Inc. 's 2. 58β — meaning AGEN is approximately 468% more volatile than MRK relative to the S&P 500. On balance sheet safety, DBV Technologies S. A. (DBVT) carries a lower debt/equity ratio of 13% versus 96% for Merck & Co. , Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — GOVX or DBVT or NVAX or AGEN or MRK?
By revenue growth (latest reported year), Novavax, Inc.
(NVAX) is pulling ahead at 64. 7% versus -37. 1% for GeoVax Labs, Inc. (GOVX). 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, GOVX leads at 212. 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.
06Which has better profit margins — GOVX or DBVT or NVAX or AGEN or MRK?
Novavax, Inc.
(NVAX) is the more profitable company, earning 39. 2% net margin versus -862. 3% for GeoVax Labs, 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 -869. 3% for GOVX. At the gross margin level — before operating expenses — GOVX 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.
07Is GOVX or DBVT or NVAX or AGEN or MRK more undervalued right now?
On forward earnings alone, Agenus Inc.
(AGEN) trades at 2. 9x forward P/E versus 21. 9x for Merck & Co. , Inc. — 19. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DBVT: 131. 8% to $46. 33.
08Which pays a better dividend — GOVX or DBVT or NVAX or AGEN or MRK?
In this comparison, MRK (2.
9% yield) pays a dividend. GOVX, DBVT, NVAX, AGEN do not pay a meaningful dividend and should not be held primarily for income.
09Is GOVX or DBVT or NVAX or AGEN or MRK better for a retirement portfolio?
For long-horizon retirement investors, Merck & Co.
, Inc. (MRK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 45), 2. 9% yield, +164. 7% 10Y return). GeoVax Labs, Inc. (GOVX) carries a higher beta of 2. 27 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MRK: +164. 7%, GOVX: -96. 2%), 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.
10What are the main differences between GOVX and DBVT and NVAX and AGEN and MRK?
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: GOVX is a small-cap quality compounder stock; DBVT is a mega-cap quality compounder stock; NVAX is a small-cap high-growth stock; AGEN is a small-cap quality compounder stock; MRK is a large-cap deep-value stock. MRK pays a dividend while GOVX, DBVT, NVAX, AGEN do not, making them suitable for different income and tax situations. 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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