Biotechnology
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NUVL vs MRUS vs IMVT vs RGEN vs CRL
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Medical - Instruments & Supplies
Medical - Diagnostics & Research
NUVL vs MRUS vs IMVT vs RGEN vs CRL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Medical - Instruments & Supplies | Medical - Diagnostics & Research |
| Market Cap | $7.53B | $6.83B | $5.53B | $7.13B | $8.98B |
| Revenue (TTM) | $0.00 | $51M | $0.00 | $763M | $4.03B |
| Net Income (TTM) | $-450M | $-335M | $-464M | $51M | $-185M |
| Gross Margin | — | -217.5% | — | 51.5% | 24.9% |
| Operating Margin | — | -6.5% | — | 8.7% | 11.8% |
| Forward P/E | — | — | — | 64.3x | 16.4x |
| Total Debt | $0.00 | $10M | $98K | $690M | $3.07B |
| Cash & Equiv. | $262M | $293M | $714M | $566M | $214M |
NUVL vs MRUS vs IMVT vs RGEN vs CRL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jul 21 | May 26 | Return |
|---|---|---|---|
| Nuvalent, Inc. (NUVL) | 100 | 561.1 | +461.1% |
| Merus N.V. (MRUS) | 100 | 523.3 | +423.3% |
| Immunovant, Inc. (IMVT) | 100 | 260.2 | +160.2% |
| Repligen Corporation (RGEN) | 100 | 51.5 | -48.5% |
| Charles River Labor… (CRL) | 100 | 44.7 | -55.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NUVL vs MRUS vs IMVT vs RGEN vs CRL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NUVL is the clearest fit if your priority is defensive.
- Beta 1.09, current ratio 15.27x
MRUS is the #2 pick in this set and the best alternative if income & stability and long-term compounding is your priority.
- beta 0.32
- 8.0% 10Y total return vs NUVL's 446.1%
- Lower volatility, beta 0.32, Low D/E 1.5%, current ratio 6.54x
- Beta 0.32 vs RGEN's 1.76, lower leverage
Among these 5 stocks, IMVT doesn't own a clear edge in any measured category.
RGEN carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 16.4%, EPS growth 287.0%, 3Y rev CAGR -2.7%
- 16.4% revenue growth vs IMVT's -21.3%
- 6.7% margin vs MRUS's -6.5%
- 1.8% ROA vs IMVT's -44.1%
CRL ranks third and is worth considering specifically for value.
- Lower P/E (16.4x vs 64.3x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.4% revenue growth vs IMVT's -21.3% | |
| Value | Lower P/E (16.4x vs 64.3x) | |
| Quality / Margins | 6.7% margin vs MRUS's -6.5% | |
| Stability / Safety | Beta 0.32 vs RGEN's 1.76, lower leverage | |
| Dividends | Tie | None of these 5 stocks pay a meaningful dividend |
| Momentum (1Y) | +128.3% vs RGEN's -0.4% | |
| Efficiency (ROA) | 1.8% ROA vs IMVT's -44.1% |
NUVL vs MRUS vs IMVT vs RGEN vs CRL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
NUVL vs MRUS vs IMVT vs RGEN vs CRL — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
MRUS leads in 2 of 6 categories
RGEN leads 1 • CRL leads 1 • NUVL leads 0 • IMVT leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
RGEN leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CRL and IMVT operate at a comparable scale, with $4.0B and $0 in trailing revenue. RGEN is the more profitable business, keeping 6.7% of every revenue dollar as net income compared to MRUS's -6.5%. On growth, RGEN holds the edge at +14.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $51M | $0 | $763M | $4.0B |
| EBITDAEarnings before interest/tax | -$346M | -$329M | -$487M | $155M | $757M |
| Net IncomeAfter-tax profit | -$450M | -$335M | -$464M | $51M | -$185M |
| Free Cash FlowCash after capex | -$313M | -$318M | -$423M | $104M | $391M |
| Gross MarginGross profit ÷ Revenue | — | -2.2% | — | +51.5% | +24.9% |
| Operating MarginEBIT ÷ Revenue | — | -6.5% | — | +8.7% | +11.8% |
| Net MarginNet income ÷ Revenue | — | -6.5% | — | +6.7% | -4.6% |
| FCF MarginFCF ÷ Revenue | — | -6.2% | — | +13.7% | +9.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | -1.9% | — | +14.8% | +1.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -17.8% | +13.7% | +19.7% | +50.0% | -160.0% |
Valuation Metrics
CRL leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, CRL's 13.0x EV/EBITDA is more attractive than RGEN's 52.4x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $7.5B | $6.8B | $5.5B | $7.1B | $9.0B |
| Enterprise ValueMkt cap + debt − cash | $7.3B | $6.5B | $4.8B | $7.3B | $11.8B |
| Trailing P/EPrice ÷ TTM EPS | -17.50x | -26.87x | -9.97x | 147.01x | -62.52x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | 64.26x | 16.42x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | — | 52.45x | 12.98x |
| Price / SalesMarket cap ÷ Revenue | — | 195.71x | — | 9.66x | 2.24x |
| Price / BookPrice ÷ Book value/share | 5.96x | 8.92x | 5.83x | 3.40x | 2.81x |
| Price / FCFMarket cap ÷ FCF | — | — | — | 75.94x | 17.31x |
Profitability & Efficiency
Evenly matched — RGEN and CRL each lead in 3 of 9 comparable metrics.
Profitability & Efficiency
RGEN delivers a 2.5% return on equity — every $100 of shareholder capital generates $2 in annual profit, vs $-51 for MRUS. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to CRL's 0.95x. On the Piotroski fundamental quality scale (0–9), RGEN scores 7/9 vs NUVL's 1/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -42.8% | -50.6% | -47.1% | +2.5% | -5.7% |
| ROA (TTM)Return on assets | -37.8% | -43.4% | -44.1% | +1.8% | -2.5% |
| ROICReturn on invested capital | -32.5% | -74.6% | — | +2.2% | +6.3% |
| ROCEReturn on capital employed | -34.4% | -48.4% | -66.1% | +2.2% | +8.1% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 4 | 2 | 7 | 4 |
| Debt / EquityFinancial leverage | — | 0.02x | 0.00x | 0.33x | 0.95x |
| Net DebtTotal debt minus cash | -$262M | -$283M | -$714M | $124M | $2.9B |
| Cash & Equiv.Liquid assets | $262M | $293M | $714M | $566M | $214M |
| Total DebtShort + long-term debt | $0 | $10M | $98,000 | $690M | $3.1B |
| Interest CoverageEBIT ÷ Interest expense | -26.85x | — | — | 2.64x | 6.38x |
Total Returns (Dividends Reinvested)
MRUS leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NUVL five years ago would be worth $54,613 today (with dividends reinvested), compared to $5,311 for CRL. Over the past 12 months, MRUS leads with a +128.3% total return vs RGEN's -0.4%. The 3-year compound annual growth rate (CAGR) favors MRUS at 65.1% vs RGEN's -6.9% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +1.5% | 0.0% | +5.1% | -23.1% | -10.1% |
| 1-Year ReturnPast 12 months | +53.5% | +128.3% | +96.1% | -0.4% | +32.8% |
| 3-Year ReturnCumulative with dividends | +171.2% | +350.2% | +40.9% | -19.3% | -4.2% |
| 5-Year ReturnCumulative with dividends | +446.1% | +343.1% | +62.4% | -32.7% | -46.9% |
| 10-Year ReturnCumulative with dividends | +446.1% | +796.4% | +173.6% | +369.1% | +119.2% |
| CAGR (3Y)Annualised 3-year return | +39.5% | +65.1% | +12.1% | -6.9% | -1.4% |
Risk & Volatility
MRUS leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MRUS is the less volatile stock with a 0.32 beta — it tends to amplify market swings less than RGEN's 1.76 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MRUS currently trades 92.6% from its 52-week high vs RGEN's 71.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.09x | 0.32x | 1.37x | 1.76x | 1.52x |
| 52-Week HighHighest price in past year | $113.02 | $97.14 | $30.09 | $175.77 | $228.88 |
| 52-Week LowLowest price in past year | $63.56 | $38.49 | $13.36 | $109.52 | $131.30 |
| % of 52W HighCurrent price vs 52-week peak | +90.6% | +92.6% | +90.5% | +71.9% | +79.5% |
| RSI (14)Momentum oscillator 0–100 | 52.9 | 14.9 | 60.2 | 55.1 | 57.2 |
| Avg Volume (50D)Average daily shares traded | 544K | 0 | 1.4M | 905K | 806K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: NUVL as "Buy", MRUS as "Hold", IMVT as "Buy", RGEN as "Buy", CRL as "Buy". Consensus price targets imply 67.2% upside for IMVT (target: $46) vs -1.5% for MRUS (target: $89).
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $144.40 | $88.69 | $45.50 | $168.00 | $205.43 |
| # AnalystsCovering analysts | 14 | 22 | 23 | 23 | 36 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | — | 1 |
| Dividend / ShareAnnual DPS | — | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | +4.0% |
MRUS leads in 2 of 6 categories (Total Returns, Risk & Volatility). RGEN leads in 1 (Income & Cash Flow). 1 tied.
NUVL vs MRUS vs IMVT vs RGEN vs CRL: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is NUVL or MRUS or IMVT or RGEN or CRL a better buy right now?
For growth investors, Repligen Corporation (RGEN) is the stronger pick with 16.
4% revenue growth year-over-year, versus -12. 4% for Merus N. V. (MRUS). Repligen Corporation (RGEN) offers the better valuation at 147. 0x trailing P/E (64. 3x forward), making it the more compelling value choice. Analysts rate Nuvalent, Inc. (NUVL) a "Buy" — based on 14 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 — NUVL or MRUS or IMVT or RGEN or CRL?
On forward P/E, Charles River Laboratories International, Inc.
is actually cheaper at 16. 4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — NUVL or MRUS or IMVT or RGEN or CRL?
Over the past 5 years, Nuvalent, Inc.
(NUVL) delivered a total return of +446. 1%, compared to -46. 9% for Charles River Laboratories International, Inc. (CRL). Over 10 years, the gap is even starker: MRUS returned +796. 4% versus CRL's +119. 2%. 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 — NUVL or MRUS or IMVT or RGEN or CRL?
By beta (market sensitivity over 5 years), Merus N.
V. (MRUS) is the lower-risk stock at 0. 32β versus Repligen Corporation's 1. 76β — meaning RGEN is approximately 446% more volatile than MRUS relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 95% for Charles River Laboratories International, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NUVL or MRUS or IMVT or RGEN or CRL?
By revenue growth (latest reported year), Repligen Corporation (RGEN) is pulling ahead at 16.
4% versus -12. 4% for Merus N. V. (MRUS). On earnings-per-share growth, the picture is similar: Repligen Corporation grew EPS 287. 0% year-over-year, compared to -1555. 0% for Charles River Laboratories International, Inc.. Over a 3-year CAGR, CRL leads at 0. 3% 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 — NUVL or MRUS or IMVT or RGEN or CRL?
Repligen Corporation (RGEN) is the more profitable company, earning 6.
6% net margin versus -595. 9% for Merus N. V. — meaning it keeps 6. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CRL leads at 12. 6% versus -753. 0% for MRUS. At the gross margin level — before operating expenses — RGEN leads at 47. 1%, 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 NUVL or MRUS or IMVT or RGEN or CRL more undervalued right now?
On forward earnings alone, Charles River Laboratories International, Inc.
(CRL) trades at 16. 4x forward P/E versus 64. 3x for Repligen Corporation — 47. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IMVT: 67. 2% to $45. 50.
08Which pays a better dividend — NUVL or MRUS or IMVT or RGEN or CRL?
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.
09Is NUVL or MRUS or IMVT or RGEN or CRL better for a retirement portfolio?
For long-horizon retirement investors, Merus N.
V. (MRUS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 32), +796. 4% 10Y return). Repligen Corporation (RGEN) carries a higher beta of 1. 76 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MRUS: +796. 4%, RGEN: +369. 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.
10What are the main differences between NUVL and MRUS and IMVT and RGEN and CRL?
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: NUVL is a small-cap quality compounder stock; MRUS is a small-cap quality compounder stock; IMVT is a small-cap quality compounder stock; RGEN is a small-cap high-growth stock; CRL 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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