Biotechnology
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IMVT vs DBVT vs HALO vs REGN
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Biotechnology
IMVT vs DBVT vs HALO vs REGN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Biotechnology |
| Market Cap | $5.66B | $1669.52T | $7.76B | $72.97B |
| Revenue (TTM) | $0.00 | $0.00 | $1.40B | $14.92B |
| Net Income (TTM) | $-464M | $-168M | $317M | $4.42B |
| Gross Margin | — | — | 81.9% | 84.5% |
| Operating Margin | — | — | 58.4% | 24.3% |
| Forward P/E | — | — | 8.2x | 15.6x |
| Total Debt | $98K | $22M | $0.00 | $2.71B |
| Cash & Equiv. | $714M | $194M | $134M | $3.12B |
IMVT vs DBVT vs HALO vs REGN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Immunovant, Inc. (IMVT) | 100 | 111.7 | +11.7% |
| DBV Technologies S.… (DBVT) | 100 | 41.4 | -58.6% |
| Halozyme Therapeuti… (HALO) | 100 | 273.4 | +173.4% |
| Regeneron Pharmaceu… (REGN) | 100 | 117.6 | +17.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IMVT vs DBVT vs HALO vs REGN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
IMVT is the clearest fit if your priority is long-term compounding.
- 179.8% 10Y total return vs HALO's 5.8%
DBVT is the clearest fit if your priority is momentum.
- +110.7% vs HALO's +8.7%
HALO carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.
- Rev growth 37.6%, EPS growth -25.4%, 3Y rev CAGR 28.4%
- Lower volatility, beta 0.56, current ratio 4.66x
- PEG 0.36 vs REGN's 2.47
- Beta 0.56, current ratio 4.66x
REGN is the #2 pick in this set and the best alternative if income & stability is your priority.
- Dividend streak 1 yrs, beta 0.81, yield 0.5%
- 29.6% margin vs DBVT's 0.3%
- 0.5% yield; 1-year raise streak; the other 3 pay no meaningful dividend
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 37.6% revenue growth vs DBVT's -100.0% | |
| Value | Lower P/E (8.2x vs 15.6x), PEG 0.36 vs 2.47 | |
| Quality / Margins | 29.6% margin vs DBVT's 0.3% | |
| Stability / Safety | Beta 0.56 vs IMVT's 1.37 | |
| Dividends | 0.5% yield; 1-year raise streak; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +110.7% vs HALO's +8.7% | |
| Efficiency (ROA) | 12.5% ROA vs DBVT's -89.0% |
IMVT vs DBVT vs HALO vs REGN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
IMVT vs DBVT vs HALO vs REGN — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
HALO leads in 4 of 6 categories
REGN leads 1 • IMVT leads 0 • DBVT leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
HALO leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
REGN and DBVT operate at a comparable scale, with $14.9B and $0 in trailing revenue. REGN is the more profitable business, keeping 29.6% of every revenue dollar as net income compared to HALO's 22.7%. On growth, HALO holds the edge at +51.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $0 | $1.4B | $14.9B |
| EBITDAEarnings before interest/tax | -$487M | -$112M | $945M | $4.2B |
| Net IncomeAfter-tax profit | -$464M | -$168M | $317M | $4.4B |
| Free Cash FlowCash after capex | -$423M | -$151M | $645M | $4.2B |
| Gross MarginGross profit ÷ Revenue | — | — | +81.9% | +84.5% |
| Operating MarginEBIT ÷ Revenue | — | — | +58.4% | +24.3% |
| Net MarginNet income ÷ Revenue | — | — | +22.7% | +29.6% |
| FCF MarginFCF ÷ Revenue | — | — | +46.2% | +27.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | +51.6% | +19.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +19.7% | +91.5% | -2.1% | -7.2% |
Valuation Metrics
HALO leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 16.9x trailing earnings, REGN trades at a 34% valuation discount to HALO's 25.7x P/E. Adjusting for growth (PEG ratio), HALO offers better value at 1.12x vs REGN's 2.68x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $5.7B | $1669.52T | $7.8B | $73.0B |
| Enterprise ValueMkt cap + debt − cash | $4.9B | $1669.52T | $7.6B | $72.6B |
| Trailing P/EPrice ÷ TTM EPS | -10.20x | -0.74x | 25.73x | 16.93x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | 8.23x | 15.60x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 1.12x | 2.68x |
| EV / EBITDAEnterprise value multiple | — | — | 8.43x | 17.61x |
| Price / SalesMarket cap ÷ Revenue | — | — | 5.56x | 5.09x |
| Price / BookPrice ÷ Book value/share | 5.96x | 0.64x | 167.20x | 2.44x |
| Price / FCFMarket cap ÷ FCF | — | — | 12.04x | 17.88x |
Profitability & Efficiency
HALO leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
HALO delivers a 6.5% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $-130 for DBVT. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to DBVT's 0.13x. On the Piotroski fundamental quality scale (0–9), HALO scores 5/9 vs IMVT's 2/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -47.1% | -130.2% | +6.5% | +14.3% |
| ROA (TTM)Return on assets | -44.1% | -89.0% | +12.5% | +11.1% |
| ROICReturn on invested capital | — | — | +73.4% | +8.9% |
| ROCEReturn on capital employed | -66.1% | -145.7% | +38.2% | +10.2% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 4 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.00x | 0.13x | — | 0.09x |
| Net DebtTotal debt minus cash | -$714M | -$172M | -$134M | -$412M |
| Cash & Equiv.Liquid assets | $714M | $194M | $134M | $3.1B |
| Total DebtShort + long-term debt | $98,000 | $22M | $0 | $2.7B |
| Interest CoverageEBIT ÷ Interest expense | — | -189.82x | 46.08x | 108.44x |
Total Returns (Dividends Reinvested)
HALO leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IMVT five years ago would be worth $16,976 today (with dividends reinvested), compared to $3,041 for DBVT. Over the past 12 months, DBVT leads with a +110.7% total return vs HALO's +8.7%. The 3-year compound annual growth rate (CAGR) favors HALO at 28.6% vs REGN's -2.5% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +7.4% | +2.3% | -6.3% | -9.4% |
| 1-Year ReturnPast 12 months | +82.9% | +110.7% | +8.7% | +17.0% |
| 3-Year ReturnCumulative with dividends | +45.0% | +18.1% | +112.5% | -7.3% |
| 5-Year ReturnCumulative with dividends | +69.8% | -69.6% | +37.8% | +46.5% |
| 10-Year ReturnCumulative with dividends | +179.8% | -87.1% | +584.0% | +87.1% |
| CAGR (3Y)Annualised 3-year return | +13.2% | +5.7% | +28.6% | -2.5% |
Risk & Volatility
Evenly matched — IMVT and HALO each lead in 1 of 2 comparable metrics.
Risk & Volatility
HALO is the less volatile stock with a 0.56 beta — it tends to amplify market swings less than IMVT's 1.37 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IMVT currently trades 92.5% from its 52-week high vs DBVT's 74.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.37x | 1.26x | 0.56x | 0.81x |
| 52-Week HighHighest price in past year | $30.09 | $26.18 | $82.22 | $821.11 |
| 52-Week LowLowest price in past year | $13.36 | $7.53 | $47.50 | $476.49 |
| % of 52W HighCurrent price vs 52-week peak | +92.5% | +74.4% | +80.1% | +85.5% |
| RSI (14)Momentum oscillator 0–100 | 55.8 | 43.7 | 45.1 | 39.8 |
| Avg Volume (50D)Average daily shares traded | 1.4M | 249K | 1.4M | 631K |
Analyst Outlook
REGN leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: IMVT as "Buy", DBVT as "Buy", HALO as "Buy", REGN as "Buy". Consensus price targets imply 137.7% upside for DBVT (target: $46) vs 18.9% for HALO (target: $78). REGN is the only dividend payer here at 0.49% yield — a key consideration for income-focused portfolios.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $45.50 | $46.33 | $78.33 | $865.68 |
| # AnalystsCovering analysts | 23 | 15 | 27 | 48 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | +0.5% |
| Dividend StreakConsecutive years of raises | — | 0 | — | 1 |
| Dividend / ShareAnnual DPS | — | — | — | $3.41 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +4.4% | +5.4% |
HALO leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). REGN leads in 1 (Analyst Outlook). 1 tied.
IMVT vs DBVT vs HALO vs REGN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is IMVT or DBVT or HALO or REGN a better buy right now?
For growth investors, Halozyme Therapeutics, Inc.
(HALO) is the stronger pick with 37. 6% revenue growth year-over-year, versus 1. 0% for Regeneron Pharmaceuticals, Inc. (REGN). Regeneron Pharmaceuticals, Inc. (REGN) offers the better valuation at 16. 9x trailing P/E (15. 6x forward), making it the more compelling value choice. Analysts rate Immunovant, Inc. (IMVT) a "Buy" — based on 23 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 — IMVT or DBVT or HALO or REGN?
On trailing P/E, Regeneron Pharmaceuticals, Inc.
(REGN) is the cheapest at 16. 9x versus Halozyme Therapeutics, Inc. at 25. 7x. On forward P/E, Halozyme Therapeutics, Inc. is actually cheaper at 8. 2x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Halozyme Therapeutics, Inc. wins at 0. 36x versus Regeneron Pharmaceuticals, Inc. 's 2. 47x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — IMVT or DBVT or HALO or REGN?
Over the past 5 years, Immunovant, Inc.
(IMVT) delivered a total return of +69. 8%, compared to -69. 6% for DBV Technologies S. A. (DBVT). Over 10 years, the gap is even starker: HALO returned +598. 4% versus DBVT's -86. 8%. 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 — IMVT or DBVT or HALO or REGN?
By beta (market sensitivity over 5 years), Halozyme Therapeutics, Inc.
(HALO) is the lower-risk stock at 0. 56β versus Immunovant, Inc. 's 1. 37β — meaning IMVT is approximately 146% more volatile than HALO relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 13% for DBV Technologies S. A. — giving it more financial flexibility in a downturn.
05Which is growing faster — IMVT or DBVT or HALO or REGN?
By revenue growth (latest reported year), Halozyme Therapeutics, Inc.
(HALO) is pulling ahead at 37. 6% versus 1. 0% for Regeneron Pharmaceuticals, Inc. (REGN). On earnings-per-share growth, the picture is similar: Regeneron Pharmaceuticals, Inc. grew EPS 8. 2% year-over-year, compared to -347. 5% for DBV Technologies S. A.. Over a 3-year CAGR, HALO leads at 28. 4% 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 — IMVT or DBVT or HALO or REGN?
Regeneron Pharmaceuticals, Inc.
(REGN) is the more profitable company, earning 31. 4% net margin versus 0. 0% for DBV Technologies S. A. — meaning it keeps 31. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: HALO leads at 58. 4% versus 0. 0% for DBVT. At the gross margin level — before operating expenses — REGN leads at 85. 4%, 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 IMVT or DBVT or HALO or REGN more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Halozyme Therapeutics, Inc. (HALO) is the more undervalued stock at a PEG of 0. 36x versus Regeneron Pharmaceuticals, Inc. 's 2. 47x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Halozyme Therapeutics, Inc. (HALO) trades at 8. 2x forward P/E versus 15. 6x for Regeneron Pharmaceuticals, Inc. — 7. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DBVT: 137. 7% to $46. 33.
08Which pays a better dividend — IMVT or DBVT or HALO or REGN?
In this comparison, REGN (0.
5% yield) pays a dividend. IMVT, DBVT, HALO do not pay a meaningful dividend and should not be held primarily for income.
09Is IMVT or DBVT or HALO or REGN better for a retirement portfolio?
For long-horizon retirement investors, Halozyme Therapeutics, Inc.
(HALO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 56), +598. 4% 10Y return). Both have compounded well over 10 years (HALO: +598. 4%, DBVT: -86. 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.
10What are the main differences between IMVT and DBVT and HALO and REGN?
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: IMVT is a small-cap quality compounder stock; DBVT is a mega-cap quality compounder stock; HALO is a small-cap high-growth stock; REGN is a mid-cap deep-value 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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