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Stock Comparison

TVGN vs BNTX vs MRNA vs NVAX

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

Live fundamentals10-year financials5-year price chart
TVGN
Tevogen Bio Holdings Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.48B
5Y Perf.-98.5%
BNTX
BioNTech SE

Biotechnology

HealthcareNASDAQ • DE
Market Cap$23.80B
5Y Perf.-45.3%
MRNA
Moderna, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$21.55B
5Y Perf.-67.9%
NVAX
Novavax, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.66B
5Y Perf.-89.2%

TVGN vs BNTX vs MRNA vs NVAX — Key Financials

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

Company Snapshot
TVGN logoTVGN
BNTX logoBNTX
MRNA logoMRNA
NVAX logoNVAX
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnology
Market Cap$1.48B$23.80B$21.55B$1.66B
Revenue (TTM)$0.00$2.86B$2.23B$596M
Net Income (TTM)$-31M$-1.13B$-3.19B$-88M
Gross Margin77.7%-13.9%84.6%
Operating Margin-45.9%-153.3%-11.2%
Forward P/E4.0x
Total Debt$3M$267M$1.92B$249M
Cash & Equiv.$1M$7.67B$2.60B$241M

TVGN vs BNTX vs MRNA vs NVAXLong-Term Stock Performance

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

TVGN
BNTX
MRNA
NVAX
StockJan 22May 26Return
Tevogen Bio Holding… (TVGN)1001.5-98.5%
BioNTech SE (BNTX)10054.7-45.3%
Moderna, Inc. (MRNA)10032.1-67.9%
Novavax, Inc. (NVAX)10010.8-89.2%

Price return only. Dividends and distributions are not included.

Quick Verdict: TVGN vs BNTX vs MRNA vs NVAX

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

Bottom line: BNTX leads in 2 of 6 categories, making it the strongest pick for capital preservation and lower volatility and operational efficiency and capital deployment. Tevogen Bio Holdings Inc. is the stronger pick specifically for profitability and margin quality. MRNA and NVAX also each lead in at least one category. As sector peers, any of these can serve as alternatives in the same allocation.
TVGN
Tevogen Bio Holdings Inc.
The Quality Compounder

TVGN is the #2 pick in this set and the best alternative if quality is your priority.

  • -5.3% margin vs MRNA's -143.6%
Best for: quality
BNTX
BioNTech SE
The Income Pick

BNTX carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • Dividend streak 1 yrs, beta 1.05
  • 5.8% 10Y total return vs MRNA's 192.2%
  • Lower volatility, beta 1.05, Low D/E 1.4%, current ratio 7.54x
  • Beta 1.05, current ratio 7.54x
Best for: income & stability and long-term compounding
MRNA
Moderna, Inc.
The Momentum Pick

MRNA is the clearest fit if your priority is momentum.

  • +122.9% vs TVGN's -86.3%
Best for: momentum
NVAX
Novavax, Inc.
The Growth Play

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

  • Rev growth 64.7%, EPS growth 306.5%, 3Y rev CAGR -11.1%
  • 64.7% revenue growth vs TVGN's -6.7%
Best for: growth exposure
See the full category breakdown
CategoryWinnerWhy
GrowthNVAX logoNVAX64.7% revenue growth vs TVGN's -6.7%
Quality / MarginsTVGN logoTVGN-5.3% margin vs MRNA's -143.6%
Stability / SafetyBNTX logoBNTXBeta 1.05 vs NVAX's 2.22
DividendsTieNone of these 4 stocks pay a meaningful dividend
Momentum (1Y)MRNA logoMRNA+122.9% vs TVGN's -86.3%
Efficiency (ROA)BNTX logoBNTX-5.3% ROA vs TVGN's -6.9%

TVGN vs BNTX vs MRNA vs NVAX — Revenue Breakdown by Segment

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

TVGNTevogen Bio Holdings Inc.

Segment breakdown not available.

BNTXBioNTech SE
FY 2025
Other Sales
100.0%$262M
MRNAModerna, Inc.
FY 2025
Product Sales
100.0%$3.3B
NVAXNovavax, Inc.
FY 2025
Product
50.0%$685M
Nuvaxovid Sales
45.6%$625M
Supply Sales
4.4%$60M

TVGN vs BNTX vs MRNA vs NVAX — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLBNTXLAGGINGMRNA

Income & Cash Flow (Last 12 Months)

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

BNTX and TVGN operate at a comparable scale, with $2.9B and $0 in trailing revenue. NVAX is the more profitable business, keeping -14.7% of every revenue dollar as net income compared to MRNA's -143.6%. On growth, MRNA holds the edge at +2.6% YoY revenue growth, suggesting stronger near-term business momentum.

MetricTVGN logoTVGNTevogen Bio Holdi…BNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.NVAX logoNVAXNovavax, Inc.
RevenueTrailing 12 months$0$2.9B$2.2B$596M
EBITDAEarnings before interest/tax-$30M-$931M-$3.2B-$47M
Net IncomeAfter-tax profit-$31M-$1.1B-$3.2B-$88M
Free Cash FlowCash after capex-$13M$277M-$1.6B-$97M
Gross MarginGross profit ÷ Revenue+77.7%-13.9%+84.6%
Operating MarginEBIT ÷ Revenue-45.9%-153.3%-11.2%
Net MarginNet income ÷ Revenue-39.6%-143.6%-14.7%
FCF MarginFCF ÷ Revenue+9.7%-71.1%-16.3%
Rev. Growth (YoY)Latest quarter vs prior year-24.5%+2.6%-79.1%
EPS Growth (YoY)Latest quarter vs prior year+13.5%-2.1%-34.9%-102.0%
NVAX leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

Evenly matched — TVGN and BNTX and NVAX each lead in 1 of 3 comparable metrics.
MetricTVGN logoTVGNTevogen Bio Holdi…BNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.NVAX logoNVAXNovavax, Inc.
Market CapShares × price$1.5B$23.8B$21.6B$1.7B
Enterprise ValueMkt cap + debt − cash$1.5B$15.1B$20.9B$1.7B
Trailing P/EPrice ÷ TTM EPS-79.91x-17.79x-7.49x3.98x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple2.83x
Price / SalesMarket cap ÷ Revenue7.36x11.09x1.48x
Price / BookPrice ÷ Book value/share1.01x2.44x
Price / FCFMarket cap ÷ FCF75.18x
Evenly matched — TVGN and BNTX and NVAX each lead in 1 of 3 comparable metrics.

Profitability & Efficiency

BNTX leads this category, winning 5 of 9 comparable metrics.

BNTX delivers a -6.0% return on equity — every $100 of shareholder capital generates $-6 in annual profit, vs $-37 for MRNA. BNTX carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to MRNA's 0.22x. On the Piotroski fundamental quality scale (0–9), NVAX scores 5/9 vs MRNA's 3/9, reflecting solid financial health.

MetricTVGN logoTVGNTevogen Bio Holdi…BNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.NVAX logoNVAXNovavax, Inc.
ROE (TTM)Return on equity-6.0%-36.7%
ROA (TTM)Return on assets-6.9%-5.3%-26.6%-7.4%
ROICReturn on invested capital-4.3%-26.1%
ROCEReturn on capital employed-3.1%-27.6%+100.4%
Piotroski ScoreFundamental quality 0–94435
Debt / EquityFinancial leverage0.01x0.22x
Net DebtTotal debt minus cash$2M-$7.4B-$679M$8M
Cash & Equiv.Liquid assets$1M$7.7B$2.6B$241M
Total DebtShort + long-term debt$3M$267M$1.9B$249M
Interest CoverageEBIT ÷ Interest expense-219.56x-62.15x-1803.00x-6.40x
BNTX leads this category, winning 5 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — BNTX and MRNA and NVAX each lead in 2 of 6 comparable metrics.

A $10,000 investment in BNTX five years ago would be worth $4,756 today (with dividends reinvested), compared to $151 for TVGN. Over the past 12 months, MRNA leads with a +122.9% total return vs TVGN's -86.3%. The 3-year compound annual growth rate (CAGR) favors NVAX at 10.7% vs TVGN's -76.0% — a key indicator of consistent wealth creation.

MetricTVGN logoTVGNTevogen Bio Holdi…BNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.NVAX logoNVAXNovavax, Inc.
YTD ReturnYear-to-date-58.9%-2.7%+76.1%+41.8%
1-Year ReturnPast 12 months-86.3%-0.7%+122.9%+51.8%
3-Year ReturnCumulative with dividends-98.6%-12.9%-58.7%+35.7%
5-Year ReturnCumulative with dividends-98.5%-52.4%-65.7%-93.7%
10-Year ReturnCumulative with dividends-98.5%+575.8%+192.2%-89.4%
CAGR (3Y)Annualised 3-year return-76.0%-4.5%-25.6%+10.7%
Evenly matched — BNTX and MRNA and NVAX each lead in 2 of 6 comparable metrics.

Risk & Volatility

Evenly matched — BNTX and MRNA each lead in 1 of 2 comparable metrics.

BNTX is the less volatile stock with a 1.05 beta — it tends to amplify market swings less than NVAX's 2.22 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MRNA currently trades 91.3% from its 52-week high vs TVGN's 9.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricTVGN logoTVGNTevogen Bio Holdi…BNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.NVAX logoNVAXNovavax, Inc.
Beta (5Y)Sensitivity to S&P 5001.95x1.05x1.81x2.22x
52-Week HighHighest price in past year$75.50$124.00$59.55$11.97
52-Week LowLowest price in past year$0.35$79.52$22.28$5.80
% of 52W HighCurrent price vs 52-week peak+9.9%+75.9%+91.3%+84.5%
RSI (14)Momentum oscillator 0–10055.540.146.361.8
Avg Volume (50D)Average daily shares traded34K1.2M7.2M4.2M
Evenly matched — BNTX and MRNA each lead in 1 of 2 comparable metrics.

Analyst Outlook

Evenly matched — BNTX and NVAX each lead in 1 of 1 comparable metric.

Analyst consensus: TVGN as "Hold", BNTX as "Buy", MRNA as "Hold", NVAX as "Buy". Consensus price targets imply 78.0% upside for NVAX (target: $18) vs -28.2% for MRNA (target: $39).

MetricTVGN logoTVGNTevogen Bio Holdi…BNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.NVAX logoNVAXNovavax, Inc.
Analyst RatingConsensus buy/hold/sellHoldBuyHoldBuy
Price TargetConsensus 12-month target$139.44$39.00$18.00
# AnalystsCovering analysts1242723
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises101
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%+0.3%
Evenly matched — BNTX and NVAX each lead in 1 of 1 comparable metric.
Key Takeaway

NVAX leads in 1 of 6 categories (Income & Cash Flow). BNTX leads in 1 (Profitability & Efficiency). 4 tied.

Best OverallBioNTech SE (BNTX)Leads 1 of 6 categories
Loading custom metrics...

TVGN vs BNTX vs MRNA vs NVAX: Key Questions Answered

8 questions · data-driven answers · updated daily

01

Is TVGN or BNTX or MRNA or NVAX a better buy right now?

For growth investors, Novavax, Inc.

(NVAX) is the stronger pick with 64. 7% revenue growth year-over-year, versus -39. 2% for Moderna, Inc. (MRNA). Novavax, Inc. (NVAX) offers the better valuation at 4. 0x trailing P/E, making it the more compelling value choice. Analysts rate BioNTech SE (BNTX) a "Buy" — based on 24 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 is the better long-term investment — TVGN or BNTX or MRNA or NVAX?

Over the past 5 years, BioNTech SE (BNTX) delivered a total return of -52.

4%, compared to -98. 5% for Tevogen Bio Holdings Inc. (TVGN). Over 10 years, the gap is even starker: BNTX returned +575. 8% versus TVGN's -98. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — TVGN or BNTX or MRNA or NVAX?

By beta (market sensitivity over 5 years), BioNTech SE (BNTX) is the lower-risk stock at 1.

05β versus Novavax, Inc. 's 2. 22β — meaning NVAX is approximately 111% more volatile than BNTX relative to the S&P 500. On balance sheet safety, BioNTech SE (BNTX) carries a lower debt/equity ratio of 1% versus 22% for Moderna, Inc. — giving it more financial flexibility in a downturn.

04

Which is growing faster — TVGN or BNTX or MRNA or NVAX?

By revenue growth (latest reported year), Novavax, Inc.

(NVAX) is pulling ahead at 64. 7% versus -39. 2% for Moderna, Inc. (MRNA). On earnings-per-share growth, the picture is similar: Novavax, Inc. grew EPS 306. 5% year-over-year, compared to -62. 8% for BioNTech SE. Over a 3-year CAGR, NVAX leads at -11. 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.

05

Which has better profit margins — TVGN or BNTX or MRNA or NVAX?

Novavax, Inc.

(NVAX) is the more profitable company, earning 39. 2% net margin versus -145. 2% for Moderna, Inc. — meaning it keeps 39. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NVAX leads at 50. 1% versus -158. 1% for MRNA. At the gross margin level — before operating expenses — NVAX leads at 93. 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.

06

Which pays a better dividend — TVGN or BNTX or MRNA or NVAX?

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.

07

Is TVGN or BNTX or MRNA or NVAX better for a retirement portfolio?

For long-horizon retirement investors, BioNTech SE (BNTX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.

05), +575. 8% 10Y return). Novavax, Inc. (NVAX) carries a higher beta of 2. 22 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (BNTX: +575. 8%, NVAX: -89. 4%), 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.

08

What are the main differences between TVGN and BNTX and MRNA and NVAX?

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: TVGN is a small-cap quality compounder stock; BNTX is a mid-cap quality compounder stock; MRNA is a mid-cap quality compounder stock; NVAX 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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TVGN

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  • Sector: Healthcare
  • Market Cap > $100B
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  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 46%
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MRNA

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  • Market Cap > $100B
  • Revenue Growth > 131%
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NVAX

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  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 50%
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