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IMTX vs AGEN
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
IMTX vs AGEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $1.49B | $132M |
| Revenue (TTM) | $85M | $114M |
| Net Income (TTM) | $-116M | $115K |
| Gross Margin | 100.0% | 35.7% |
| Operating Margin | -167.8% | -17.7% |
| Forward P/E | 67.7x | 1.8x |
| Total Debt | $16M | $10M |
| Cash & Equiv. | $237M | $3M |
IMTX vs AGEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Immatics N.V. (IMTX) | 100 | 83.1 | -16.9% |
| Agenus Inc. (AGEN) | 100 | 5.0 | -95.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IMTX vs AGEN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
IMTX has the current edge in this matchup, primarily because of its strength in income & stability and growth exposure.
- beta 1.63
- Rev growth 188.6%, EPS growth 111.7%, 3Y rev CAGR 64.9%
- 16.0% 10Y total return vs AGEN's -94.3%
AGEN is the clearest fit if your priority is value and quality.
- Lower P/E (1.8x vs 67.7x)
- 0.1% margin vs IMTX's -136.7%
- 0.1% ROA vs IMTX's -22.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 188.6% revenue growth vs AGEN's 10.4% | |
| Value | Lower P/E (1.8x vs 67.7x) | |
| Quality / Margins | 0.1% margin vs IMTX's -136.7% | |
| Stability / Safety | Beta 1.63 vs AGEN's 2.72 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +153.8% vs AGEN's +27.1% | |
| Efficiency (ROA) | 0.1% ROA vs IMTX's -22.3% |
IMTX vs AGEN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
IMTX vs AGEN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
AGEN leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AGEN and IMTX operate at a comparable scale, with $114M and $85M in trailing revenue. AGEN is the more profitable business, keeping 0.1% of every revenue dollar as net income compared to IMTX's -136.7%. On growth, AGEN holds the edge at +27.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $85M | $114M |
| EBITDAEarnings before interest/tax | -$130M | -$10M |
| Net IncomeAfter-tax profit | -$116M | $115,000 |
| Free Cash FlowCash after capex | -$184M | -$159M |
| Gross MarginGross profit ÷ Revenue | +100.0% | +35.7% |
| Operating MarginEBIT ÷ Revenue | -167.8% | -17.7% |
| Net MarginNet income ÷ Revenue | -136.7% | +0.1% |
| FCF MarginFCF ÷ Revenue | -2.2% | -139.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | -89.7% | +27.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.8% | +85.3% |
Valuation Metrics
AGEN leads this category, winning 2 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.5B | $132M |
| Enterprise ValueMkt cap + debt − cash | $1.2B | $140M |
| Trailing P/EPrice ÷ TTM EPS | 67.71x | -1102.94x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 1.79x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 8.16x | 1.16x |
| Price / BookPrice ÷ Book value/share | 1.76x | — |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
AGEN leads this category, winning 3 of 4 comparable metrics.
Profitability & Efficiency
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -27.8% | — |
| ROA (TTM)Return on assets | -22.3% | +0.1% |
| ROICReturn on invested capital | -15.4% | — |
| ROCEReturn on capital employed | -7.9% | — |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.03x | — |
| Net DebtTotal debt minus cash | -$221M | $7M |
| Cash & Equiv.Liquid assets | $237M | $3M |
| Total DebtShort + long-term debt | $16M | $10M |
| Interest CoverageEBIT ÷ Interest expense | -124.10x | 1.11x |
Total Returns (Dividends Reinvested)
IMTX leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IMTX five years ago would be worth $9,670 today (with dividends reinvested), compared to $611 for AGEN. Over the past 12 months, IMTX leads with a +153.8% total return vs AGEN's +27.1%. The 3-year compound annual growth rate (CAGR) favors IMTX at 4.3% vs AGEN's -51.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +6.6% | +16.1% |
| 1-Year ReturnPast 12 months | +153.8% | +27.1% |
| 3-Year ReturnCumulative with dividends | +13.3% | -88.2% |
| 5-Year ReturnCumulative with dividends | -3.3% | -93.9% |
| 10-Year ReturnCumulative with dividends | +16.0% | -94.3% |
| CAGR (3Y)Annualised 3-year return | +4.3% | -51.0% |
Risk & Volatility
IMTX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
IMTX is the less volatile stock with a 1.63 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. IMTX currently trades 89.8% from its 52-week high vs AGEN's 51.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.63x | 2.72x |
| 52-Week HighHighest price in past year | $12.41 | $7.34 |
| 52-Week LowLowest price in past year | $3.94 | $2.71 |
| % of 52W HighCurrent price vs 52-week peak | +89.8% | +51.1% |
| RSI (14)Momentum oscillator 0–100 | 60.9 | 48.8 |
| Avg Volume (50D)Average daily shares traded | 448K | 814K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates IMTX as "Buy" and AGEN as "Buy". Consensus price targets imply 95.5% upside for AGEN (target: $7) vs 88.5% for IMTX (target: $21).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $21.00 | $7.33 |
| # AnalystsCovering analysts | 8 | 11 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 1 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% |
AGEN leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). IMTX leads in 2 (Total Returns, Risk & Volatility).
IMTX vs AGEN: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is IMTX or AGEN a better buy right now?
For growth investors, Immatics N.
V. (IMTX) is the stronger pick with 188. 6% revenue growth year-over-year, versus 10. 4% for Agenus Inc. (AGEN). Immatics N. V. (IMTX) offers the better valuation at 67. 7x trailing P/E, making it the more compelling value choice. Analysts rate Immatics N. V. (IMTX) 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 — IMTX or AGEN?
Over the past 5 years, Immatics N.
V. (IMTX) delivered a total return of -3. 3%, compared to -93. 9% for Agenus Inc. (AGEN). Over 10 years, the gap is even starker: IMTX returned +16. 0% versus AGEN's -94. 3%. 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 — IMTX or AGEN?
By beta (market sensitivity over 5 years), Immatics N.
V. (IMTX) is the lower-risk stock at 1. 63β versus Agenus Inc. 's 2. 72β — meaning AGEN is approximately 67% more volatile than IMTX relative to the S&P 500.
04Which is growing faster — IMTX or AGEN?
By revenue growth (latest reported year), Immatics N.
V. (IMTX) is pulling ahead at 188. 6% versus 10. 4% for Agenus Inc. (AGEN). On earnings-per-share growth, the picture is similar: Immatics N. V. grew EPS 111. 7% year-over-year, compared to 100. 0% for Agenus Inc.. Over a 3-year CAGR, IMTX leads at 64. 9% 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.
05Which has better profit margins — IMTX or AGEN?
Immatics N.
V. (IMTX) is the more profitable company, earning 9. 8% net margin versus 0. 1% for Agenus Inc. — meaning it keeps 9. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AGEN leads at -18. 0% versus -24. 8% for IMTX. At the gross margin level — before operating expenses — IMTX 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.
06Is IMTX or AGEN more undervalued right now?
Analyst consensus price targets imply the most upside for AGEN: 95.
5% to $7. 33.
07Which pays a better dividend — IMTX or AGEN?
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.
08Is IMTX or AGEN better for a retirement portfolio?
For long-horizon retirement investors, Immatics N.
V. (IMTX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Agenus Inc. (AGEN) carries a higher beta of 2. 72 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (IMTX: +16. 0%, AGEN: -94. 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.
09What are the main differences between IMTX and AGEN?
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: IMTX is a small-cap high-growth stock; AGEN 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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