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Stock Comparison

INNV vs DBVT vs ALKS vs ALHC vs CNC

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

Live fundamentals10-year financials5-year price chart
INNV
InnovAge Holding Corp.

Medical - Care Facilities

HealthcareNASDAQ • US
Market Cap$1.10B
5Y Perf.-70.6%
DBVT
DBV Technologies S.A.

Biotechnology

HealthcareNASDAQ • FR
Market Cap$1712.35T
5Y Perf.-63.0%
ALKS
Alkermes plc

Biotechnology

HealthcareNASDAQ • IE
Market Cap$5.90B
5Y Perf.+87.3%
ALHC
Alignment Healthcare, Inc.

Medical - Healthcare Plans

HealthcareNASDAQ • US
Market Cap$3.73B
5Y Perf.-18.2%
CNC
Centene Corporation

Medical - Healthcare Plans

HealthcareNYSE • US
Market Cap$27.13B
5Y Perf.-12.4%

INNV vs DBVT vs ALKS vs ALHC vs CNC — Key Financials

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

Company Snapshot
INNV logoINNV
DBVT logoDBVT
ALKS logoALKS
ALHC logoALHC
CNC logoCNC
IndustryMedical - Care FacilitiesBiotechnologyBiotechnologyMedical - Healthcare PlansMedical - Healthcare Plans
Market Cap$1.10B$1712.35T$5.90B$3.73B$27.13B
Revenue (TTM)$946M$0.00$1.56B$4.26B$198.10B
Net Income (TTM)$-22M$-168M$153M$20M$-6.44B
Gross Margin14.8%65.4%9.0%14.9%
Operating Margin1.5%12.3%0.8%-3.7%
Forward P/E36.8x24.8x101.8x16.4x
Total Debt$101M$22M$70M$338M$18.78B
Cash & Equiv.$64M$194M$1.12B$578M$17.89B

INNV vs DBVT vs ALKS vs ALHC vs CNCLong-Term Stock Performance

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

INNV
DBVT
ALKS
ALHC
CNC
StockMar 21May 26Return
InnovAge Holding Co… (INNV)10029.4-70.6%
DBV Technologies S.… (DBVT)10037.0-63.0%
Alkermes plc (ALKS)100187.3+87.3%
Alignment Healthcar… (ALHC)10081.8-18.2%
Centene Corporation (CNC)10087.6-12.4%

Price return only. Dividends and distributions are not included.

Quick Verdict: INNV vs DBVT vs ALKS vs ALHC vs CNC

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

Bottom line: ALKS and CNC are tied at the top with 2 categories each (5-stock set) — the right choice depends on your priorities. Centene Corporation is the stronger pick specifically for valuation and capital efficiency and capital preservation and lower volatility. INNV and ALHC also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
INNV
InnovAge Holding Corp.
The Momentum Pick

INNV ranks third and is worth considering specifically for momentum.

  • +147.9% vs CNC's -12.7%
Best for: momentum
DBVT
DBV Technologies S.A.
The Healthcare Pick

Among these 5 stocks, DBVT doesn't own a clear edge in any measured category.

Best for: healthcare exposure
ALKS
Alkermes plc
The Defensive Pick

ALKS has the current edge in this matchup, primarily because of its strength in sleep-well-at-night.

  • Lower volatility, beta 1.06, Low D/E 3.8%, current ratio 3.55x
  • 9.8% margin vs CNC's -3.3%
  • 5.4% ROA vs DBVT's -89.0%
Best for: sleep-well-at-night
ALHC
Alignment Healthcare, Inc.
The Insurance Pick

ALHC is the clearest fit if your priority is growth exposure.

  • Rev growth 46.1%, EPS growth 99.4%, 3Y rev CAGR 40.2%
  • 46.1% revenue growth vs DBVT's -100.0%
Best for: growth exposure
CNC
Centene Corporation
The Insurance Pick

CNC is the #2 pick in this set and the best alternative if income & stability and long-term compounding is your priority.

  • Dividend streak 1 yrs, beta 0.39
  • 81.2% 10Y total return vs ALKS's -11.0%
  • Beta 0.39, current ratio 1.68x
  • Lower P/E (16.4x vs 101.8x)
Best for: income & stability and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthALHC logoALHC46.1% revenue growth vs DBVT's -100.0%
ValueCNC logoCNCLower P/E (16.4x vs 101.8x)
Quality / MarginsALKS logoALKS9.8% margin vs CNC's -3.3%
Stability / SafetyCNC logoCNCBeta 0.39 vs INNV's 1.66
DividendsTieNone of these 5 stocks pay a meaningful dividend
Momentum (1Y)INNV logoINNV+147.9% vs CNC's -12.7%
Efficiency (ROA)ALKS logoALKS5.4% ROA vs DBVT's -89.0%

INNV vs DBVT vs ALKS vs ALHC vs CNC — Revenue Breakdown by Segment

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

INNVInnovAge Holding Corp.
FY 2025
Other Operating Segment
100.0%$990,000
DBVTDBV Technologies S.A.

Segment breakdown not available.

ALKSAlkermes plc
FY 2025
Vivitrol
39.8%$468M
Aristada And Aristada Initio
31.5%$370M
Manufactured Product And Royalty
24.8%$291M
Manufacturing Revenue
3.9%$46M
ALHCAlignment Healthcare, Inc.
FY 2023
Health Care, Premium
92.6%$1.7B
Health Care Capitation
7.4%$133M
CNCCentene Corporation
FY 2025
Medicaid Segment
75.8%$147.6B
Commercial Segment
21.6%$42.0B
Other Operating Segment
2.6%$5.1B

INNV vs DBVT vs ALKS vs ALHC vs CNC — Financial Metrics

Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLALKSLAGGINGALHC

Income & Cash Flow (Last 12 Months)

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

CNC and DBVT operate at a comparable scale, with $198.1B and $0 in trailing revenue. ALKS is the more profitable business, keeping 9.8% of every revenue dollar as net income compared to CNC's -3.3%. On growth, ALHC holds the edge at +33.3% YoY revenue growth, suggesting stronger near-term business momentum.

MetricINNV logoINNVInnovAge Holding …DBVT logoDBVTDBV Technologies …ALKS logoALKSAlkermes plcALHC logoALHCAlignment Healthc…CNC logoCNCCentene Corporati…
RevenueTrailing 12 months$946M$0$1.6B$4.3B$198.1B
EBITDAEarnings before interest/tax$4M-$112M$212M$66M-$5.9B
Net IncomeAfter-tax profit-$22M-$168M$153M$20M-$6.4B
Free Cash FlowCash after capex$39M-$151M$392M$237M$6.3B
Gross MarginGross profit ÷ Revenue+14.8%+65.4%+9.0%+14.9%
Operating MarginEBIT ÷ Revenue+1.5%+12.3%+0.8%-3.7%
Net MarginNet income ÷ Revenue-2.3%+9.8%+0.5%-3.3%
FCF MarginFCF ÷ Revenue+4.1%+25.1%+5.6%+3.2%
Rev. Growth (YoY)Latest quarter vs prior year+15.5%+28.2%+33.3%+7.1%
EPS Growth (YoY)Latest quarter vs prior year-161.3%+91.5%-4.1%+2.1%+18.3%
ALKS leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

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

On an enterprise value basis, ALKS's 17.3x EV/EBITDA is more attractive than ALHC's 77.1x.

MetricINNV logoINNVInnovAge Holding …DBVT logoDBVTDBV Technologies …ALKS logoALKSAlkermes plcALHC logoALHCAlignment Healthc…CNC logoCNCCentene Corporati…
Market CapShares × price$1.1B$1712.35T$5.9B$3.7B$27.1B
Enterprise ValueMkt cap + debt − cash$1.1B$1712.35T$4.9B$3.5B$28.0B
Trailing P/EPrice ÷ TTM EPS-36.73x-0.76x24.76x-4932.43x-4.03x
Forward P/EPrice ÷ next-FY EPS est.36.80x101.82x16.37x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple17.25x77.12x
Price / SalesMarket cap ÷ Revenue1.28x4.00x0.94x0.14x
Price / BookPrice ÷ Book value/share4.16x0.66x3.28x20.16x1.35x
Price / FCFMarket cap ÷ FCF41.22x12.28x32.95x6.28x
CNC leads this category, winning 3 of 6 comparable metrics.

Profitability & Efficiency

ALKS leads this category, winning 7 of 9 comparable metrics.

ALHC delivers a 11.5% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $-130 for DBVT. ALKS carries lower financial leverage with a 0.04x debt-to-equity ratio, signaling a more conservative balance sheet compared to ALHC's 1.89x. On the Piotroski fundamental quality scale (0–9), ALKS scores 7/9 vs DBVT's 4/9, reflecting strong financial health.

MetricINNV logoINNVInnovAge Holding …DBVT logoDBVTDBV Technologies …ALKS logoALKSAlkermes plcALHC logoALHCAlignment Healthc…CNC logoCNCCentene Corporati…
ROE (TTM)Return on equity-8.2%-130.2%+8.8%+11.5%-28.6%
ROA (TTM)Return on assets-4.1%-89.0%+5.4%+1.8%-7.9%
ROICReturn on invested capital-6.8%+18.9%-21.6%
ROCEReturn on capital employed-7.1%-145.7%+14.2%+2.9%-14.6%
Piotroski ScoreFundamental quality 0–964766
Debt / EquityFinancial leverage0.38x0.13x0.04x1.89x0.94x
Net DebtTotal debt minus cash$37M-$172M-$1.0B-$240M$889M
Cash & Equiv.Liquid assets$64M$194M$1.1B$578M$17.9B
Total DebtShort + long-term debt$101M$22M$70M$338M$18.8B
Interest CoverageEBIT ÷ Interest expense5.96x-189.82x32.30x1.27x-9.03x
ALKS leads this category, winning 7 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — INNV and ALHC each lead in 2 of 6 comparable metrics.

A $10,000 investment in ALKS five years ago would be worth $16,091 today (with dividends reinvested), compared to $3,090 for DBVT. Over the past 12 months, INNV leads with a +147.9% total return vs CNC's -12.7%. The 3-year compound annual growth rate (CAGR) favors ALHC at 36.2% vs CNC's -7.0% — a key indicator of consistent wealth creation.

MetricINNV logoINNVInnovAge Holding …DBVT logoDBVTDBV Technologies …ALKS logoALKSAlkermes plcALHC logoALHCAlignment Healthc…CNC logoCNCCentene Corporati…
YTD ReturnYear-to-date+55.7%+4.9%+25.3%-9.7%+31.5%
1-Year ReturnPast 12 months+147.9%+110.4%+16.5%+17.6%-12.7%
3-Year ReturnCumulative with dividends+24.5%+19.7%+14.5%+152.4%-19.5%
5-Year ReturnCumulative with dividends-68.5%-69.1%+60.9%-22.7%-22.0%
10-Year ReturnCumulative with dividends-66.6%-87.0%-11.0%+5.4%+81.2%
CAGR (3Y)Annualised 3-year return+7.6%+6.2%+4.6%+36.2%-7.0%
Evenly matched — INNV and ALHC each lead in 2 of 6 comparable metrics.

Risk & Volatility

Evenly matched — ALKS and CNC each lead in 1 of 2 comparable metrics.

CNC is the less volatile stock with a 0.39 beta — it tends to amplify market swings less than INNV's 1.66 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ALKS currently trades 96.7% from its 52-week high vs INNV's 75.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricINNV logoINNVInnovAge Holding …DBVT logoDBVTDBV Technologies …ALKS logoALKSAlkermes plcALHC logoALHCAlignment Healthc…CNC logoCNCCentene Corporati…
Beta (5Y)Sensitivity to S&P 5001.49x1.26x1.00x0.81x0.41x
52-Week HighHighest price in past year$10.68$26.18$36.60$23.87$64.15
52-Week LowLowest price in past year$2.85$7.53$25.17$11.63$25.08
% of 52W HighCurrent price vs 52-week peak+75.7%+76.3%+96.7%+76.5%+85.7%
RSI (14)Momentum oscillator 0–10050.248.160.237.383.5
Avg Volume (50D)Average daily shares traded291K252K2.3M3.6M5.8M
Evenly matched — ALKS and CNC each lead in 1 of 2 comparable metrics.

Analyst Outlook

CNC leads this category, winning 1 of 1 comparable metric.

Analyst consensus: INNV as "Hold", DBVT as "Buy", ALKS as "Buy", ALHC as "Buy", CNC as "Buy". Consensus price targets imply 131.8% upside for DBVT (target: $46) vs -15.8% for INNV (target: $7).

MetricINNV logoINNVInnovAge Holding …DBVT logoDBVTDBV Technologies …ALKS logoALKSAlkermes plcALHC logoALHCAlignment Healthc…CNC logoCNCCentene Corporati…
Analyst RatingConsensus buy/hold/sellHoldBuyBuyBuyBuy
Price TargetConsensus 12-month target$6.80$46.33$46.00$24.83$51.00
# AnalystsCovering analysts815281643
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises0001
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap+0.7%0.0%+0.5%0.0%+1.8%
CNC leads this category, winning 1 of 1 comparable metric.
Key Takeaway

ALKS leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CNC leads in 2 (Valuation Metrics, Analyst Outlook). 2 tied.

Best OverallAlkermes plc (ALKS)Leads 2 of 6 categories
Loading custom metrics...

INNV vs DBVT vs ALKS vs ALHC vs CNC: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is INNV or DBVT or ALKS or ALHC or CNC a better buy right now?

For growth investors, Alignment Healthcare, Inc.

(ALHC) is the stronger pick with 46. 1% revenue growth year-over-year, versus -5. 2% for Alkermes plc (ALKS). Alkermes plc (ALKS) offers the better valuation at 24. 8x 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.

02

Which has the better valuation — INNV or DBVT or ALKS or ALHC or CNC?

On forward P/E, Centene Corporation is actually cheaper at 16.

4x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — INNV or DBVT or ALKS or ALHC or CNC?

Over the past 5 years, Alkermes plc (ALKS) delivered a total return of +60.

9%, compared to -69. 1% for DBV Technologies S. A. (DBVT). Over 10 years, the gap is even starker: CNC returned +84. 5% versus DBVT's -87. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — INNV or DBVT or ALKS or ALHC or CNC?

By beta (market sensitivity over 5 years), Centene Corporation (CNC) is the lower-risk stock at 0.

41β versus InnovAge Holding Corp. 's 1. 49β — meaning INNV is approximately 262% more volatile than CNC relative to the S&P 500. On balance sheet safety, Alkermes plc (ALKS) carries a lower debt/equity ratio of 4% versus 189% for Alignment Healthcare, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — INNV or DBVT or ALKS or ALHC or CNC?

By revenue growth (latest reported year), Alignment Healthcare, Inc.

(ALHC) is pulling ahead at 46. 1% versus -5. 2% for Alkermes plc (ALKS). On earnings-per-share growth, the picture is similar: Alignment Healthcare, Inc. grew EPS 99. 4% year-over-year, compared to -347. 5% for DBV Technologies S. A.. Over a 3-year CAGR, ALHC leads at 40. 2% 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.

06

Which has better profit margins — INNV or DBVT or ALKS or ALHC or CNC?

Alkermes plc (ALKS) is the more profitable company, earning 16.

4% net margin versus -3. 6% for InnovAge Holding Corp. — meaning it keeps 16. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ALKS leads at 17. 2% versus -3. 9% for CNC. At the gross margin level — before operating expenses — ALKS leads at 86. 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.

07

Is INNV or DBVT or ALKS or ALHC or CNC more undervalued right now?

On forward earnings alone, Centene Corporation (CNC) trades at 16.

4x forward P/E versus 101. 8x for Alignment Healthcare, Inc. — 85. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DBVT: 131. 8% to $46. 33.

08

Which pays a better dividend — INNV or DBVT or ALKS or ALHC or CNC?

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.

09

Is INNV or DBVT or ALKS or ALHC or CNC better for a retirement portfolio?

For long-horizon retirement investors, Centene Corporation (CNC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

41)). Both have compounded well over 10 years (CNC: +84. 5%, INNV: -68. 7%), 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.

10

What are the main differences between INNV and DBVT and ALKS and ALHC and CNC?

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: INNV is a small-cap quality compounder stock; DBVT is a mega-cap quality compounder stock; ALKS is a small-cap quality compounder stock; ALHC is a small-cap high-growth stock; CNC is a mid-cap high-growth 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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