Medical - Instruments & Supplies
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5 / 10Stock Comparison
NVCR vs NKTR vs RCUS vs IMVT vs HALO
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Biotechnology
Biotechnology
NVCR vs NKTR vs RCUS vs IMVT vs HALO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Medical - Instruments & Supplies | Biotechnology | Biotechnology | Biotechnology | Biotechnology |
| Market Cap | $1.88B | $1.67B | $2.62B | $5.83B | $7.81B |
| Revenue (TTM) | $674M | $63M | $236M | $0.00 | $1.40B |
| Net Income (TTM) | $-173M | $-121M | $-369M | $-464M | $317M |
| Gross Margin | 75.2% | 86.9% | 90.7% | — | 81.9% |
| Operating Margin | -27.2% | -156.5% | -168.6% | — | 58.4% |
| Forward P/E | — | — | — | — | 8.2x |
| Total Debt | $290M | $86M | $99M | $98K | $0.00 |
| Cash & Equiv. | $103M | $15M | $222M | $714M | $134M |
NVCR vs NKTR vs RCUS vs IMVT vs HALO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| NovoCure Limited (NVCR) | 100 | 24.5 | -75.5% |
| Nektar Therapeutics (NKTR) | 100 | 26.1 | -73.9% |
| Arcus Biosciences, … (RCUS) | 100 | 82.9 | -17.1% |
| Immunovant, Inc. (IMVT) | 100 | 111.7 | +11.7% |
| Halozyme Therapeuti… (HALO) | 100 | 273.4 | +173.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NVCR vs NKTR vs RCUS vs IMVT vs HALO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NVCR ranks third and is worth considering specifically for growth exposure.
- Rev growth 8.3%, EPS growth 21.8%, 3Y rev CAGR 6.8%
NKTR is the #2 pick in this set and the best alternative if momentum is your priority.
- +7.8% vs NVCR's +1.0%
RCUS lags the leaders in this set but could rank higher in a more targeted comparison.
IMVT is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 1.37, Low D/E 0.0%, current ratio 11.16x
- Beta 1.37, current ratio 11.16x
HALO carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- beta 0.56
- 6.0% 10Y total return vs IMVT's 188.1%
- 37.6% revenue growth vs NKTR's -43.9%
- 22.7% margin vs NKTR's -192.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 37.6% revenue growth vs NKTR's -43.9% | |
| Quality / Margins | 22.7% margin vs NKTR's -192.9% | |
| Stability / Safety | Beta 0.56 vs NVCR's 2.20 | |
| Dividends | Tie | None of these 5 stocks pay a meaningful dividend |
| Momentum (1Y) | +7.8% vs NVCR's +1.0% | |
| Efficiency (ROA) | 12.5% ROA vs NKTR's -45.2%, ROIC 73.4% vs -75.2% |
NVCR vs NKTR vs RCUS vs IMVT vs HALO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Segment breakdown not available.
NVCR vs NKTR vs RCUS vs IMVT vs HALO — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
HALO leads in 2 of 6 categories
NVCR leads 1 • NKTR leads 1 • RCUS leads 0 • IMVT leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
HALO leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
HALO and IMVT operate at a comparable scale, with $1.4B and $0 in trailing revenue. HALO is the more profitable business, keeping 22.7% of every revenue dollar as net income compared to NKTR's -192.9%. On growth, HALO holds the edge at +51.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $674M | $63M | $236M | $0 | $1.4B |
| EBITDAEarnings before interest/tax | -$165M | -$97M | -$391M | -$487M | $945M |
| Net IncomeAfter-tax profit | -$173M | -$121M | -$369M | -$464M | $317M |
| Free Cash FlowCash after capex | -$48M | -$190M | -$489M | -$423M | $645M |
| Gross MarginGross profit ÷ Revenue | +75.2% | +86.9% | +90.7% | — | +81.9% |
| Operating MarginEBIT ÷ Revenue | -27.2% | -156.5% | -168.6% | — | +58.4% |
| Net MarginNet income ÷ Revenue | -25.7% | -192.9% | -156.4% | — | +22.7% |
| FCF MarginFCF ÷ Revenue | -7.1% | -3.0% | -2.1% | — | +46.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.3% | -51.1% | -39.3% | — | +51.6% |
| EPS Growth (YoY)Latest quarter vs prior year | -100.0% | +29.7% | +10.5% | +19.7% | -2.1% |
Valuation Metrics
NVCR leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $1.9B | $1.7B | $2.6B | $5.8B | $7.8B |
| Enterprise ValueMkt cap + debt − cash | $2.1B | $1.7B | $2.5B | $5.1B | $7.7B |
| Trailing P/EPrice ÷ TTM EPS | -13.52x | -8.75x | -7.90x | -10.50x | 25.92x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | — | 8.23x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | 1.13x |
| EV / EBITDAEnterprise value multiple | — | — | — | — | 8.49x |
| Price / SalesMarket cap ÷ Revenue | 2.86x | 30.28x | 10.60x | — | 5.60x |
| Price / BookPrice ÷ Book value/share | 5.40x | 15.98x | 4.43x | 6.14x | 168.42x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — | 12.12x |
Profitability & Efficiency
HALO leads this category, winning 7 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 $-4 for NKTR. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to NKTR's 0.95x. On the Piotroski fundamental quality scale (0–9), NVCR scores 5/9 vs RCUS's 0/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -50.8% | -3.6% | -69.0% | -47.1% | +6.5% |
| ROA (TTM)Return on assets | -16.5% | -45.2% | -35.3% | -44.1% | +12.5% |
| ROICReturn on invested capital | -16.4% | -75.2% | -64.1% | — | +73.4% |
| ROCEReturn on capital employed | -28.9% | -59.7% | -42.1% | -66.1% | +38.2% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 2 | 0 | 2 | 5 |
| Debt / EquityFinancial leverage | 0.85x | 0.95x | 0.16x | 0.00x | — |
| Net DebtTotal debt minus cash | $187M | $71M | -$123M | -$714M | -$134M |
| Cash & Equiv.Liquid assets | $103M | $15M | $222M | $714M | $134M |
| Total DebtShort + long-term debt | $290M | $86M | $99M | $98,000 | $0 |
| Interest CoverageEBIT ÷ Interest expense | -96.80x | -3.30x | -13.38x | — | 46.08x |
Total Returns (Dividends Reinvested)
NKTR leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IMVT five years ago would be worth $17,386 today (with dividends reinvested), compared to $852 for NVCR. Over the past 12 months, NKTR leads with a +783.6% total return vs NVCR's +1.0%. The 3-year compound annual growth rate (CAGR) favors NKTR at 94.6% vs NVCR's -38.1% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +25.7% | +96.0% | +11.6% | +10.7% | -5.6% |
| 1-Year ReturnPast 12 months | +1.0% | +783.6% | +220.2% | +107.2% | +11.7% |
| 3-Year ReturnCumulative with dividends | -76.2% | +636.7% | +31.0% | +48.4% | +119.1% |
| 5-Year ReturnCumulative with dividends | -91.5% | -69.4% | -13.7% | +73.9% | +39.1% |
| 10-Year ReturnCumulative with dividends | +31.0% | -57.6% | +52.9% | +188.1% | +598.4% |
| CAGR (3Y)Annualised 3-year return | -38.1% | +94.6% | +9.4% | +14.1% | +29.9% |
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 NVCR's 2.20 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IMVT currently trades 95.3% from its 52-week high vs NKTR's 78.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.20x | 1.85x | 1.95x | 1.37x | 0.56x |
| 52-Week HighHighest price in past year | $20.06 | $109.00 | $28.72 | $30.09 | $82.22 |
| 52-Week LowLowest price in past year | $9.82 | $7.99 | $7.06 | $13.36 | $47.50 |
| % of 52W HighCurrent price vs 52-week peak | +82.2% | +78.1% | +90.5% | +95.3% | +80.7% |
| RSI (14)Momentum oscillator 0–100 | 67.5 | 52.0 | 60.9 | 55.7 | 50.6 |
| Avg Volume (50D)Average daily shares traded | 1.6M | 995K | 1.2M | 1.4M | 1.4M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: NVCR as "Buy", NKTR as "Buy", RCUS as "Buy", IMVT as "Buy", HALO as "Buy". Consensus price targets imply 103.1% upside for NVCR (target: $34) vs 15.4% for RCUS (target: $30).
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $33.50 | $132.83 | $30.00 | $45.50 | $78.33 |
| # AnalystsCovering analysts | 15 | 33 | 18 | 23 | 27 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | — | — |
| Dividend / ShareAnnual DPS | — | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | 0.0% | 0.0% | +4.4% |
HALO leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). NVCR leads in 1 (Valuation Metrics). 1 tied.
NVCR vs NKTR vs RCUS vs IMVT vs HALO: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is NVCR or NKTR or RCUS or IMVT or HALO 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 -43. 9% for Nektar Therapeutics (NKTR). Halozyme Therapeutics, Inc. (HALO) offers the better valuation at 25. 9x trailing P/E (8. 2x forward), making it the more compelling value choice. Analysts rate NovoCure Limited (NVCR) 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.
02Which is the better long-term investment — NVCR or NKTR or RCUS or IMVT or HALO?
Over the past 5 years, Immunovant, Inc.
(IMVT) delivered a total return of +73. 9%, compared to -91. 5% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: HALO returned +598. 4% versus NKTR's -57. 6%. 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 — NVCR or NKTR or RCUS or IMVT or HALO?
By beta (market sensitivity over 5 years), Halozyme Therapeutics, Inc.
(HALO) is the lower-risk stock at 0. 56β versus NovoCure Limited's 2. 20β — meaning NVCR is approximately 295% 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 95% for Nektar Therapeutics — giving it more financial flexibility in a downturn.
04Which is growing faster — NVCR or NKTR or RCUS or IMVT or HALO?
By revenue growth (latest reported year), Halozyme Therapeutics, Inc.
(HALO) is pulling ahead at 37. 6% versus -43. 9% for Nektar Therapeutics (NKTR). On earnings-per-share growth, the picture is similar: NovoCure Limited grew EPS 21. 8% year-over-year, compared to -45. 2% for Immunovant, Inc.. Over a 3-year CAGR, RCUS leads at 30. 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.
05Which has better profit margins — NVCR or NKTR or RCUS or IMVT or HALO?
Halozyme Therapeutics, Inc.
(HALO) is the more profitable company, earning 22. 7% net margin versus -297. 1% for Nektar Therapeutics — meaning it keeps 22. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: HALO leads at 58. 4% versus -253. 7% for NKTR. At the gross margin level — before operating expenses — RCUS leads at 96. 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 NVCR or NKTR or RCUS or IMVT or HALO more undervalued right now?
Analyst consensus price targets imply the most upside for NVCR: 103.
1% to $33. 50.
07Which pays a better dividend — NVCR or NKTR or RCUS or IMVT or HALO?
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 NVCR or NKTR or RCUS or IMVT or HALO 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). NovoCure Limited (NVCR) carries a higher beta of 2. 20 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (HALO: +598. 4%, NVCR: +31. 0%), 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 NVCR and NKTR and RCUS and IMVT and HALO?
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: NVCR is a small-cap quality compounder stock; NKTR is a small-cap quality compounder stock; RCUS is a small-cap quality compounder stock; IMVT is a small-cap quality compounder stock; HALO is a small-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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