Biotechnology
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5 / 10Stock Comparison
NBTX vs MRK vs BMY vs PFE vs JNJ
Revenue, margins, valuation, and 5-year total return — side by side.
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
Drug Manufacturers - General
NBTX vs MRK vs BMY vs PFE vs JNJ — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General |
| Market Cap | $2.20B | $275.10B | $114.66B | $146.02B | $533.36B |
| Revenue (TTM) | $48M | $64.93B | $48.48B | $63.31B | $92.15B |
| Net Income (TTM) | $-85M | $18.25B | $7.28B | $7.49B | $25.12B |
| Gross Margin | 100.0% | 74.2% | 68.7% | 69.3% | 68.1% |
| Operating Margin | -143.9% | 41.1% | 25.7% | 23.4% | 26.1% |
| Forward P/E | — | 21.7x | 8.9x | 8.7x | 19.1x |
| Total Debt | $51M | $50.53B | $47.14B | $67.42B | $36.63B |
| Cash & Equiv. | $50M | $14.56B | $10.21B | $1.14B | $24.11B |
NBTX vs MRK vs BMY vs PFE vs JNJ — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Dec 20 | May 26 | Return |
|---|---|---|---|
| Nanobiotix S.A. (NBTX) | 100 | 275.7 | +175.7% |
| Merck & Co., Inc. (MRK) | 100 | 142.8 | +42.8% |
| Bristol-Myers Squib… (BMY) | 100 | 90.5 | -9.5% |
| Pfizer Inc. (PFE) | 100 | 69.7 | -30.3% |
| Johnson & Johnson (JNJ) | 100 | 140.6 | +40.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NBTX vs MRK vs BMY vs PFE vs JNJ
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NBTX ranks third and is worth considering specifically for long-term compounding.
- 167.9% 10Y total return vs MRK's 164.7%
- +12.6% vs PFE's +21.1%
MRK carries the broadest edge in this set and is the clearest fit for growth exposure and valuation efficiency.
- Rev growth 1.2%, EPS growth 8.0%, 3Y rev CAGR 3.1%
- PEG 1.02 vs JNJ's 34.02
- PEG 1.02 vs 34.02
- 28.1% margin vs NBTX's -177.5%
BMY is the clearest fit if your priority is defensive.
- Beta 0.45, yield 4.4%, current ratio 1.26x
PFE is the clearest fit if your priority is income & stability.
- Dividend streak 15 yrs, beta 0.49, yield 6.7%
- 6.7% yield, 15-year raise streak, vs JNJ's 2.2%, (1 stock pays no dividend)
JNJ is the #2 pick in this set and the best alternative if sleep-well-at-night is your priority.
- Lower volatility, beta 0.04, Low D/E 51.2%, current ratio 1.11x
- 4.3% revenue growth vs NBTX's -132.1%
- Beta 0.04 vs NBTX's 2.09
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 4.3% revenue growth vs NBTX's -132.1% | |
| Value | PEG 1.02 vs 34.02 | |
| Quality / Margins | 28.1% margin vs NBTX's -177.5% | |
| Stability / Safety | Beta 0.04 vs NBTX's 2.09 | |
| Dividends | 6.7% yield, 15-year raise streak, vs JNJ's 2.2%, (1 stock pays no dividend) | |
| Momentum (1Y) | +12.6% vs PFE's +21.1% | |
| Efficiency (ROA) | 14.6% ROA vs NBTX's -188.4% |
NBTX vs MRK vs BMY vs PFE vs JNJ — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
NBTX vs MRK vs BMY vs PFE vs JNJ — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
PFE leads in 1 of 6 categories
MRK leads 1 • NBTX leads 1 • BMY leads 0 • JNJ leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — NBTX and MRK each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
JNJ is the larger business by revenue, generating $92.1B annually — 1922.0x NBTX's $48M. MRK is the more profitable business, keeping 28.1% of every revenue dollar as net income compared to NBTX's -177.5%. On growth, NBTX holds the edge at +186.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $48M | $64.9B | $48.5B | $63.3B | $92.1B |
| EBITDAEarnings before interest/tax | -$67M | $32.4B | $15.7B | $21.0B | $31.4B |
| Net IncomeAfter-tax profit | -$85M | $18.3B | $7.3B | $7.5B | $25.1B |
| Free Cash FlowCash after capex | -$33M | $12.4B | $11.9B | $9.5B | $19.1B |
| Gross MarginGross profit ÷ Revenue | +100.0% | +74.2% | +68.7% | +69.3% | +68.1% |
| Operating MarginEBIT ÷ Revenue | -143.9% | +41.1% | +25.7% | +23.4% | +26.1% |
| Net MarginNet income ÷ Revenue | -177.5% | +28.1% | +15.0% | +11.8% | +27.3% |
| FCF MarginFCF ÷ Revenue | -69.2% | +19.0% | +24.6% | +15.0% | +20.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +186.8% | +4.5% | +2.6% | +5.4% | +6.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +76.1% | -19.6% | +9.2% | -9.5% | +91.0% |
Valuation Metrics
PFE leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 15.3x trailing earnings, MRK trades at a 60% valuation discount to JNJ's 38.2x P/E. Adjusting for growth (PEG ratio), MRK offers better value at 0.72x vs JNJ's 34.02x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $2.2B | $275.1B | $114.7B | $146.0B | $533.4B |
| Enterprise ValueMkt cap + debt − cash | $2.2B | $311.1B | $151.6B | $212.3B | $545.9B |
| Trailing P/EPrice ÷ TTM EPS | -26.92x | 15.30x | 16.28x | 18.88x | 38.22x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 21.69x | 8.91x | 8.66x | 19.12x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.72x | — | — | 34.02x |
| EV / EBITDAEnterprise value multiple | — | 10.61x | 9.16x | 10.44x | 18.51x |
| Price / SalesMarket cap ÷ Revenue | — | 4.24x | 2.38x | 2.33x | 6.00x |
| Price / BookPrice ÷ Book value/share | — | 5.30x | 6.19x | 1.68x | 7.52x |
| Price / FCFMarket cap ÷ FCF | — | 22.26x | 8.93x | 16.09x | 26.88x |
Profitability & Efficiency
MRK leads this category, winning 3 of 9 comparable metrics.
Profitability & Efficiency
BMY delivers a 39.0% return on equity — every $100 of shareholder capital generates $39 in annual profit, vs $8 for PFE. JNJ carries lower financial leverage with a 0.51x debt-to-equity ratio, signaling a more conservative balance sheet compared to BMY's 2.55x. On the Piotroski fundamental quality scale (0–9), BMY scores 8/9 vs NBTX's 1/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | — | +36.1% | +39.0% | +8.3% | +31.7% |
| ROA (TTM)Return on assets | -188.4% | +14.6% | +7.9% | +3.6% | +13.0% |
| ROICReturn on invested capital | — | +22.0% | +16.9% | +7.5% | +20.7% |
| ROCEReturn on capital employed | -2.6% | +23.8% | +18.7% | +9.0% | +17.6% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 4 | 8 | 7 | 5 |
| Debt / EquityFinancial leverage | — | 0.96x | 2.55x | 0.78x | 0.51x |
| Net DebtTotal debt minus cash | $1M | $36.0B | $36.9B | $66.3B | $12.5B |
| Cash & Equiv.Liquid assets | $50M | $14.6B | $10.2B | $1.1B | $24.1B |
| Total DebtShort + long-term debt | $51M | $50.5B | $47.1B | $67.4B | $36.6B |
| Interest CoverageEBIT ÷ Interest expense | -3.83x | 19.68x | 10.33x | 4.02x | 48.23x |
Total Returns (Dividends Reinvested)
NBTX leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NBTX five years ago would be worth $29,713 today (with dividends reinvested), compared to $8,517 for PFE. Over the past 12 months, NBTX leads with a +1257.9% total return vs PFE's +21.1%. The 3-year compound annual growth rate (CAGR) favors NBTX at 104.0% vs PFE's -6.9% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +105.6% | +5.4% | +7.4% | +5.4% | +7.4% |
| 1-Year ReturnPast 12 months | +1257.9% | +47.7% | +25.1% | +21.1% | +45.5% |
| 3-Year ReturnCumulative with dividends | +748.7% | +2.1% | -7.3% | -19.4% | +45.5% |
| 5-Year ReturnCumulative with dividends | +197.1% | +69.5% | +4.7% | -14.8% | +43.9% |
| 10-Year ReturnCumulative with dividends | +167.9% | +164.7% | +6.6% | +28.5% | +131.3% |
| CAGR (3Y)Annualised 3-year return | +104.0% | +0.7% | -2.5% | -6.9% | +13.3% |
Risk & Volatility
Evenly matched — NBTX and JNJ each lead in 1 of 2 comparable metrics.
Risk & Volatility
JNJ is the less volatile stock with a 0.04 beta — it tends to amplify market swings less than NBTX's 2.09 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NBTX currently trades 99.8% from its 52-week high vs JNJ's 87.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.09x | 0.45x | 0.45x | 0.49x | 0.04x |
| 52-Week HighHighest price in past year | $45.59 | $125.14 | $62.89 | $28.75 | $251.71 |
| 52-Week LowLowest price in past year | $3.26 | $73.31 | $42.52 | $21.97 | $146.12 |
| % of 52W HighCurrent price vs 52-week peak | +99.8% | +89.0% | +89.3% | +89.3% | +87.9% |
| RSI (14)Momentum oscillator 0–100 | 69.1 | 43.7 | 40.4 | 43.9 | 34.3 |
| Avg Volume (50D)Average daily shares traded | 75K | 7.2M | 10.2M | 33.3M | 6.9M |
Analyst Outlook
Evenly matched — PFE and JNJ each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: NBTX as "Buy", MRK as "Buy", BMY as "Hold", PFE as "Hold", JNJ as "Buy". Consensus price targets imply 16.1% upside for MRK (target: $129) vs -38.4% for NBTX (target: $28). For income investors, PFE offers the higher dividend yield at 6.69% vs JNJ's 2.20%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | $28.00 | $129.31 | $62.00 | $27.40 | $249.27 |
| # AnalystsCovering analysts | 3 | 37 | 41 | 39 | 40 |
| Dividend YieldAnnual dividend ÷ price | — | +2.9% | +4.4% | +6.7% | +2.2% |
| Dividend StreakConsecutive years of raises | — | 14 | 6 | 15 | 36 |
| Dividend / ShareAnnual DPS | — | $3.26 | $2.47 | $1.72 | $4.87 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.8% | 0.0% | 0.0% | +0.5% |
PFE leads in 1 of 6 categories (Valuation Metrics). MRK leads in 1 (Profitability & Efficiency). 3 tied.
NBTX vs MRK vs BMY vs PFE vs JNJ: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NBTX or MRK or BMY or PFE or JNJ a better buy right now?
For growth investors, Johnson & Johnson (JNJ) is the stronger pick with 4.
3% revenue growth year-over-year, versus -132. 1% for Nanobiotix S. A. (NBTX). Merck & Co. , Inc. (MRK) offers the better valuation at 15. 3x trailing P/E (21. 7x forward), making it the more compelling value choice. Analysts rate Nanobiotix S. A. (NBTX) a "Buy" — based on 3 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 — NBTX or MRK or BMY or PFE or JNJ?
On trailing P/E, Merck & Co.
, Inc. (MRK) is the cheapest at 15. 3x versus Johnson & Johnson at 38. 2x. On forward P/E, Pfizer Inc. is actually cheaper at 8. 7x — 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: Merck & Co. , Inc. wins at 1. 02x versus Johnson & Johnson's 34. 02x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — NBTX or MRK or BMY or PFE or JNJ?
Over the past 5 years, Nanobiotix S.
A. (NBTX) delivered a total return of +197. 1%, compared to -14. 8% for Pfizer Inc. (PFE). Over 10 years, the gap is even starker: NBTX returned +167. 9% versus BMY's +6. 6%. 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 — NBTX or MRK or BMY or PFE or JNJ?
By beta (market sensitivity over 5 years), Johnson & Johnson (JNJ) is the lower-risk stock at 0.
04β versus Nanobiotix S. A. 's 2. 09β — meaning NBTX is approximately 4547% more volatile than JNJ relative to the S&P 500. On balance sheet safety, Johnson & Johnson (JNJ) carries a lower debt/equity ratio of 51% versus 3% for Bristol-Myers Squibb Company — giving it more financial flexibility in a downturn.
05Which is growing faster — NBTX or MRK or BMY or PFE or JNJ?
By revenue growth (latest reported year), Johnson & Johnson (JNJ) is pulling ahead at 4.
3% versus -132. 1% for Nanobiotix S. A. (NBTX). On earnings-per-share growth, the picture is similar: Bristol-Myers Squibb Company grew EPS 178. 2% year-over-year, compared to -57. 8% for Johnson & Johnson. Over a 3-year CAGR, JNJ leads at 4. 1% 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 — NBTX or MRK or BMY or PFE or JNJ?
Nanobiotix S.
A. (NBTX) is the more profitable company, earning 586. 9% net margin versus 12. 4% for Pfizer Inc. — meaning it keeps 586. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NBTX leads at 589. 1% versus 24. 7% for PFE. At the gross margin level — before operating expenses — NBTX 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 NBTX or MRK or BMY or PFE or JNJ 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, Merck & Co. , Inc. (MRK) is the more undervalued stock at a PEG of 1. 02x versus Johnson & Johnson's 34. 02x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Pfizer Inc. (PFE) trades at 8. 7x forward P/E versus 21. 7x for Merck & Co. , Inc. — 13. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MRK: 16. 1% to $129. 31.
08Which pays a better dividend — NBTX or MRK or BMY or PFE or JNJ?
In this comparison, PFE (6.
7% yield), BMY (4. 4% yield), MRK (2. 9% yield), JNJ (2. 2% yield) pay a dividend. NBTX does not pay a meaningful dividend and should not be held primarily for income.
09Is NBTX or MRK or BMY or PFE or JNJ better for a retirement portfolio?
For long-horizon retirement investors, Johnson & Johnson (JNJ) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
04), 2. 2% yield, +131. 3% 10Y return). Nanobiotix S. A. (NBTX) carries a higher beta of 2. 09 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (JNJ: +131. 3%, NBTX: +167. 9%), 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 NBTX and MRK and BMY and PFE and JNJ?
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: NBTX is a small-cap quality compounder stock; MRK is a large-cap deep-value stock; BMY is a mid-cap deep-value stock; PFE is a mid-cap income-oriented stock; JNJ is a large-cap quality compounder stock. MRK, BMY, PFE, JNJ pay a dividend while NBTX 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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