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OCUL vs NVCR
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Instruments & Supplies
OCUL vs NVCR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Medical - Instruments & Supplies |
| Market Cap | $2.12B | $1.92B |
| Revenue (TTM) | $52M | $674M |
| Net Income (TTM) | $-290M | $-173M |
| Gross Margin | 87.2% | 75.2% |
| Operating Margin | -5.8% | -27.2% |
| Total Debt | $80M | $290M |
| Cash & Equiv. | $737M | $103M |
OCUL vs NVCR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Ocular Therapeutix,… (OCUL) | 100 | 137.5 | +37.5% |
| NovoCure Limited (NVCR) | 100 | 25.0 | -75.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OCUL vs NVCR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
OCUL is the clearest fit if your priority is income & stability and sleep-well-at-night.
- beta 1.27
- Lower volatility, beta 1.27, Low D/E 12.2%, current ratio 15.39x
- Beta 1.27, current ratio 15.39x
NVCR carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 8.3%, EPS growth 21.8%, 3Y rev CAGR 6.8%
- 30.3% 10Y total return vs OCUL's -10.6%
- 8.3% revenue growth vs OCUL's -18.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 8.3% revenue growth vs OCUL's -18.7% | |
| Quality / Margins | -25.7% margin vs OCUL's -5.6% | |
| Stability / Safety | Beta 1.27 vs NVCR's 2.20, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +37.3% vs NVCR's +1.1% | |
| Efficiency (ROA) | -16.5% ROA vs OCUL's -48.4% |
OCUL vs NVCR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
OCUL vs NVCR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NVCR leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NVCR is the larger business by revenue, generating $674M annually — 13.0x OCUL's $52M. Profitability is closely matched — net margins range from -25.7% (NVCR) to -5.6% (OCUL). On growth, NVCR holds the edge at +12.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $52M | $674M |
| EBITDAEarnings before interest/tax | -$295M | -$165M |
| Net IncomeAfter-tax profit | -$290M | -$173M |
| Free Cash FlowCash after capex | -$241M | -$48M |
| Gross MarginGross profit ÷ Revenue | +87.2% | +75.2% |
| Operating MarginEBIT ÷ Revenue | -5.8% | -27.2% |
| Net MarginNet income ÷ Revenue | -5.6% | -25.7% |
| FCF MarginFCF ÷ Revenue | -4.6% | -7.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +0.8% | +12.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -5.3% | -100.0% |
Valuation Metrics
NVCR leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.1B | $1.9B |
| Enterprise ValueMkt cap + debt − cash | $1.5B | $2.1B |
| Trailing P/EPrice ÷ TTM EPS | -6.82x | -13.80x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 40.90x | 2.92x |
| Price / BookPrice ÷ Book value/share | 2.77x | 5.51x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
Evenly matched — OCUL and NVCR each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
NVCR delivers a -50.8% return on equity — every $100 of shareholder capital generates $-51 in annual profit, vs $-65 for OCUL. OCUL carries lower financial leverage with a 0.12x debt-to-equity ratio, signaling a more conservative balance sheet compared to NVCR's 0.85x. On the Piotroski fundamental quality scale (0–9), NVCR scores 5/9 vs OCUL's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -64.6% | -50.8% |
| ROA (TTM)Return on assets | -48.4% | -16.5% |
| ROICReturn on invested capital | — | -16.4% |
| ROCEReturn on capital employed | -46.0% | -28.9% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.12x | 0.85x |
| Net DebtTotal debt minus cash | -$657M | $187M |
| Cash & Equiv.Liquid assets | $737M | $103M |
| Total DebtShort + long-term debt | $80M | $290M |
| Interest CoverageEBIT ÷ Interest expense | -24.63x | -96.80x |
Total Returns (Dividends Reinvested)
OCUL leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in OCUL five years ago would be worth $5,957 today (with dividends reinvested), compared to $875 for NVCR. Over the past 12 months, OCUL leads with a +37.3% total return vs NVCR's +1.1%. The 3-year compound annual growth rate (CAGR) favors OCUL at 14.8% vs NVCR's -37.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -18.1% | +28.3% |
| 1-Year ReturnPast 12 months | +37.3% | +1.1% |
| 3-Year ReturnCumulative with dividends | +51.2% | -75.7% |
| 5-Year ReturnCumulative with dividends | -40.4% | -91.3% |
| 10-Year ReturnCumulative with dividends | -10.6% | +30.3% |
| CAGR (3Y)Annualised 3-year return | +14.8% | -37.6% |
Risk & Volatility
Evenly matched — OCUL and NVCR each lead in 1 of 2 comparable metrics.
Risk & Volatility
OCUL is the less volatile stock with a 1.27 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. NVCR currently trades 83.9% from its 52-week high vs OCUL's 58.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.27x | 2.20x |
| 52-Week HighHighest price in past year | $16.44 | $20.06 |
| 52-Week LowLowest price in past year | $6.23 | $9.82 |
| % of 52W HighCurrent price vs 52-week peak | +58.9% | +83.9% |
| RSI (14)Momentum oscillator 0–100 | 58.3 | 69.8 |
| Avg Volume (50D)Average daily shares traded | 4.0M | 1.5M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates OCUL as "Buy" and NVCR as "Buy". Consensus price targets imply 163.4% upside for OCUL (target: $26) vs 99.0% for NVCR (target: $34).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $25.50 | $33.50 |
| # AnalystsCovering analysts | 18 | 15 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
NVCR leads in 2 of 6 categories (Income & Cash Flow, Valuation Metrics). OCUL leads in 1 (Total Returns). 2 tied.
OCUL vs NVCR: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is OCUL or NVCR a better buy right now?
For growth investors, NovoCure Limited (NVCR) is the stronger pick with 8.
3% revenue growth year-over-year, versus -18. 7% for Ocular Therapeutix, Inc. (OCUL). Analysts rate Ocular Therapeutix, Inc. (OCUL) a "Buy" — based on 18 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 — OCUL or NVCR?
Over the past 5 years, Ocular Therapeutix, Inc.
(OCUL) delivered a total return of -40. 4%, compared to -91. 3% for NovoCure Limited (NVCR). Over 10 years, the gap is even starker: NVCR returned +30. 3% versus OCUL's -10. 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 — OCUL or NVCR?
By beta (market sensitivity over 5 years), Ocular Therapeutix, Inc.
(OCUL) is the lower-risk stock at 1. 27β versus NovoCure Limited's 2. 20β — meaning NVCR is approximately 74% more volatile than OCUL relative to the S&P 500. On balance sheet safety, Ocular Therapeutix, Inc. (OCUL) carries a lower debt/equity ratio of 12% versus 85% for NovoCure Limited — giving it more financial flexibility in a downturn.
04Which is growing faster — OCUL or NVCR?
By revenue growth (latest reported year), NovoCure Limited (NVCR) is pulling ahead at 8.
3% versus -18. 7% for Ocular Therapeutix, Inc. (OCUL). On earnings-per-share growth, the picture is similar: NovoCure Limited grew EPS 21. 8% year-over-year, compared to -16. 4% for Ocular Therapeutix, Inc.. Over a 3-year CAGR, NVCR leads at 6. 8% 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 — OCUL or NVCR?
NovoCure Limited (NVCR) is the more profitable company, earning -20.
8% net margin versus -513. 2% for Ocular Therapeutix, Inc. — meaning it keeps -20. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NVCR leads at -23. 5% versus -521. 0% for OCUL. At the gross margin level — before operating expenses — OCUL leads at 87. 3%, 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.
06Which pays a better dividend — OCUL or NVCR?
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.
07Is OCUL or NVCR better for a retirement portfolio?
For long-horizon retirement investors, Ocular Therapeutix, Inc.
(OCUL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 27)). 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 (OCUL: -10. 6%, NVCR: +30. 3%), 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.
08What are the main differences between OCUL and NVCR?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
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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