Drug Manufacturers - General
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GRFS vs BHVN
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
GRFS vs BHVN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Drug Manufacturers - General | Biotechnology |
| Market Cap | $6.85B | $1.04B |
| Revenue (TTM) | $7.51B | $0.00 |
| Net Income (TTM) | $401M | $-648M |
| Gross Margin | 38.4% | — |
| Operating Margin | 17.0% | — |
| Forward P/E | 9.4x | — |
| Total Debt | $8.74B | $279M |
| Cash & Equiv. | $825M | $230M |
GRFS vs BHVN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 22 | May 26 | Return |
|---|---|---|---|
| Grifols, S.A. (GRFS) | 100 | 131.5 | +31.5% |
| Biohaven Ltd. (BHVN) | 100 | 156.5 | +56.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: GRFS vs BHVN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
GRFS carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.10, yield 2.6%
- Rev growth 0.2%, EPS growth 147.8%, 3Y rev CAGR 6.0%
- Lower volatility, beta 1.10, current ratio 2.51x
BHVN is the clearest fit if your priority is long-term compounding.
- 35.1% 10Y total return vs GRFS's -35.2%
- 27.3% revenue growth vs GRFS's 0.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 27.3% revenue growth vs GRFS's 0.2% | |
| Quality / Margins | 5.3% margin vs BHVN's 3.2% | |
| Stability / Safety | Beta 1.10 vs BHVN's 1.23, lower leverage | |
| Dividends | 2.6% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +13.4% vs BHVN's -51.3% | |
| Efficiency (ROA) | 2.0% ROA vs BHVN's -138.0%, ROIC 5.4% vs -242.1% |
GRFS vs BHVN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
GRFS vs BHVN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
BHVN leads this category, winning 1 of 1 comparable metric.
Income & Cash Flow (Last 12 Months)
GRFS and BHVN operate at a comparable scale, with $7.5B and $0 in trailing revenue.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $7.5B | $0 |
| EBITDAEarnings before interest/tax | $1.6B | -$646M |
| Net IncomeAfter-tax profit | $401M | -$648M |
| Free Cash FlowCash after capex | $772M | -$594M |
| Gross MarginGross profit ÷ Revenue | +38.4% | — |
| Operating MarginEBIT ÷ Revenue | +17.0% | — |
| Net MarginNet income ÷ Revenue | +5.3% | — |
| FCF MarginFCF ÷ Revenue | +10.3% | — |
| Rev. Growth (YoY)Latest quarter vs prior year | -0.6% | — |
| EPS Growth (YoY)Latest quarter vs prior year | +40.0% | +59.4% |
Valuation Metrics
Evenly matched — GRFS and BHVN each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $6.9B | $1.0B |
| Enterprise ValueMkt cap + debt − cash | $16.1B | $1.1B |
| Trailing P/EPrice ÷ TTM EPS | 12.11x | -1.44x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.35x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 8.49x | — |
| Price / SalesMarket cap ÷ Revenue | 0.81x | — |
| Price / BookPrice ÷ Book value/share | 0.62x | 20.38x |
| Price / FCFMarket cap ÷ FCF | 7.77x | — |
Profitability & Efficiency
GRFS leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
GRFS delivers a 5.2% return on equity — every $100 of shareholder capital generates $5 in annual profit, vs $-9 for BHVN. GRFS carries lower financial leverage with a 1.15x debt-to-equity ratio, signaling a more conservative balance sheet compared to BHVN's 5.36x. On the Piotroski fundamental quality scale (0–9), GRFS scores 6/9 vs BHVN's 2/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.2% | -8.7% |
| ROA (TTM)Return on assets | +2.0% | -138.0% |
| ROICReturn on invested capital | +5.4% | -2.4% |
| ROCEReturn on capital employed | +6.4% | -187.2% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 2 |
| Debt / EquityFinancial leverage | 1.15x | 5.36x |
| Net DebtTotal debt minus cash | $7.9B | $49M |
| Cash & Equiv.Liquid assets | $825M | $230M |
| Total DebtShort + long-term debt | $8.7B | $279M |
| Interest CoverageEBIT ÷ Interest expense | 2.05x | — |
Total Returns (Dividends Reinvested)
Evenly matched — GRFS and BHVN each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BHVN five years ago would be worth $13,507 today (with dividends reinvested), compared to $4,643 for GRFS. Over the past 12 months, GRFS leads with a +13.4% total return vs BHVN's -51.3%. The 3-year compound annual growth rate (CAGR) favors GRFS at 3.1% vs BHVN's -11.5% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -12.3% | -9.0% |
| 1-Year ReturnPast 12 months | +13.4% | -51.3% |
| 3-Year ReturnCumulative with dividends | +9.5% | -30.6% |
| 5-Year ReturnCumulative with dividends | -53.6% | +35.1% |
| 10-Year ReturnCumulative with dividends | -35.2% | +35.1% |
| CAGR (3Y)Annualised 3-year return | +3.1% | -11.5% |
Risk & Volatility
GRFS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
GRFS is the less volatile stock with a 1.10 beta — it tends to amplify market swings less than BHVN's 1.23 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. GRFS currently trades 72.7% from its 52-week high vs BHVN's 44.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.10x | 1.23x |
| 52-Week HighHighest price in past year | $11.14 | $22.05 |
| 52-Week LowLowest price in past year | $7.09 | $7.48 |
| % of 52W HighCurrent price vs 52-week peak | +72.7% | +44.7% |
| RSI (14)Momentum oscillator 0–100 | 45.4 | 48.7 |
| Avg Volume (50D)Average daily shares traded | 681K | 2.0M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates GRFS as "Buy" and BHVN as "Buy". GRFS is the only dividend payer here at 2.62% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | $17.83 |
| # AnalystsCovering analysts | 8 | 25 |
| Dividend YieldAnnual dividend ÷ price | +2.6% | — |
| Dividend StreakConsecutive years of raises | 2 | — |
| Dividend / ShareAnnual DPS | $0.18 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +2.1% | 0.0% |
GRFS leads in 2 of 6 categories (Profitability & Efficiency, Risk & Volatility). BHVN leads in 1 (Income & Cash Flow). 2 tied.
GRFS vs BHVN: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is GRFS or BHVN a better buy right now?
Grifols, S.
A. (GRFS) offers the better valuation at 12. 1x trailing P/E (9. 4x forward), making it the more compelling value choice. Analysts rate Grifols, S. A. (GRFS) a "Buy" — based on 8 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 — GRFS or BHVN?
Over the past 5 years, Biohaven Ltd.
(BHVN) delivered a total return of +35. 1%, compared to -53. 6% for Grifols, S. A. (GRFS). Over 10 years, the gap is even starker: BHVN returned +35. 1% versus GRFS's -35. 2%. 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 — GRFS or BHVN?
By beta (market sensitivity over 5 years), Grifols, S.
A. (GRFS) is the lower-risk stock at 1. 10β versus Biohaven Ltd. 's 1. 23β — meaning BHVN is approximately 12% more volatile than GRFS relative to the S&P 500. On balance sheet safety, Grifols, S. A. (GRFS) carries a lower debt/equity ratio of 115% versus 5% for Biohaven Ltd. — giving it more financial flexibility in a downturn.
04Which is growing faster — GRFS or BHVN?
On earnings-per-share growth, the picture is similar: Grifols, S.
A. grew EPS 147. 8% year-over-year, compared to 26. 1% for Biohaven Ltd.. 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 — GRFS or BHVN?
Grifols, S.
A. (GRFS) is the more profitable company, earning 5. 3% net margin versus 0. 0% for Biohaven Ltd. — meaning it keeps 5. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GRFS leads at 16. 4% versus 0. 0% for BHVN. At the gross margin level — before operating expenses — GRFS leads at 35. 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.
06Which pays a better dividend — GRFS or BHVN?
In this comparison, GRFS (2.
6% yield) pays a dividend. BHVN does not pay a meaningful dividend and should not be held primarily for income.
07Is GRFS or BHVN better for a retirement portfolio?
For long-horizon retirement investors, Grifols, S.
A. (GRFS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 10), 2. 6% yield). Both have compounded well over 10 years (GRFS: -35. 2%, BHVN: +35. 1%), 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.
08What are the main differences between GRFS and BHVN?
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: GRFS is a small-cap deep-value stock; BHVN is a small-cap quality compounder stock. GRFS pays a dividend while BHVN does 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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