Biotechnology
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5 / 10Stock Comparison
VKTX vs CGON vs MRK vs CRL vs IQV
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Drug Manufacturers - General
Medical - Diagnostics & Research
Medical - Diagnostics & Research
VKTX vs CGON vs MRK vs CRL vs IQV — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Drug Manufacturers - General | Medical - Diagnostics & Research | Medical - Diagnostics & Research |
| Market Cap | $3.66B | $5.84B | $277.34B | $8.98B | $30.32B |
| Revenue (TTM) | $0.00 | $4M | $64.93B | $4.03B | $16.63B |
| Net Income (TTM) | $-472M | $-161M | $18.25B | $-185M | $1.39B |
| Gross Margin | — | -15.0% | 74.2% | 24.9% | 26.1% |
| Operating Margin | — | -47.2% | 41.1% | 11.8% | 13.9% |
| Forward P/E | — | — | 21.9x | 16.4x | 14.1x |
| Total Debt | $137K | $7M | $50.53B | $3.07B | $16.17B |
| Cash & Equiv. | $166M | $32M | $14.56B | $214M | $1.98B |
VKTX vs CGON vs MRK vs CRL vs IQV — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jan 24 | May 26 | Return |
|---|---|---|---|
| Viking Therapeutics… (VKTX) | 100 | 130.8 | +30.8% |
| CG Oncology, Inc. C… (CGON) | 100 | 185.7 | +85.7% |
| Merck & Co., Inc. (MRK) | 100 | 93.0 | -7.0% |
| Charles River Labor… (CRL) | 100 | 84.1 | -15.9% |
| IQVIA Holdings Inc. (IQV) | 100 | 85.8 | -14.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VKTX vs CGON vs MRK vs CRL vs IQV
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VKTX is the clearest fit if your priority is long-term compounding.
- 25.8% 10Y total return vs IQV's 166.5%
CGON is the #2 pick in this set and the best alternative if growth exposure and sleep-well-at-night is your priority.
- Rev growth 254.7%, EPS growth -47.5%, 3Y rev CAGR 176.6%
- Lower volatility, beta 1.48, Low D/E 0.9%, current ratio 24.63x
- 254.7% revenue growth vs VKTX's -270.1%
- +209.7% vs VKTX's +14.6%
MRK carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 14 yrs, beta 0.48, yield 2.9%
- Beta 0.48, yield 2.9%, current ratio 1.54x
- 28.1% margin vs CGON's -39.9%
- Beta 0.48 vs VKTX's 1.61
Among these 5 stocks, CRL doesn't own a clear edge in any measured category.
IQV ranks third and is worth considering specifically for valuation efficiency.
- PEG 0.35 vs MRK's 1.03
- Lower P/E (14.1x vs 16.4x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 254.7% revenue growth vs VKTX's -270.1% | |
| Value | Lower P/E (14.1x vs 16.4x) | |
| Quality / Margins | 28.1% margin vs CGON's -39.9% | |
| Stability / Safety | Beta 0.48 vs VKTX's 1.61 | |
| Dividends | 2.9% yield; 14-year raise streak; the other 4 pay no meaningful dividend | |
| Momentum (1Y) | +209.7% vs VKTX's +14.6% | |
| Efficiency (ROA) | 14.6% ROA vs VKTX's -65.3%, ROIC 22.0% vs -44.4% |
VKTX vs CGON vs MRK vs CRL vs IQV — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
VKTX vs CGON vs MRK vs CRL vs IQV — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
MRK leads in 3 of 6 categories
IQV leads 1 • CGON leads 1 • VKTX leads 0 • CRL leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
MRK leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MRK and VKTX operate at a comparable scale, with $64.9B and $0 in trailing revenue. MRK is the more profitable business, keeping 28.1% of every revenue dollar as net income compared to CGON's -39.9%.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $4M | $64.9B | $4.0B | $16.6B |
| EBITDAEarnings before interest/tax | -$502M | -$189M | $32.4B | $757M | $3.5B |
| Net IncomeAfter-tax profit | -$472M | -$161M | $18.3B | -$185M | $1.4B |
| Free Cash FlowCash after capex | -$340M | -$132M | $12.4B | $391M | $2.7B |
| Gross MarginGross profit ÷ Revenue | — | -15.0% | +74.2% | +24.9% | +26.1% |
| Operating MarginEBIT ÷ Revenue | — | -47.2% | +41.1% | +11.8% | +13.9% |
| Net MarginNet income ÷ Revenue | — | -39.9% | +28.1% | -4.6% | +8.3% |
| FCF MarginFCF ÷ Revenue | — | -32.8% | +19.0% | +9.7% | +16.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +4.1% | +4.5% | +1.2% | +8.4% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.3% | -6.1% | -19.6% | -160.0% | +15.0% |
Valuation Metrics
IQV leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 15.4x trailing earnings, MRK trades at a 32% valuation discount to IQV's 22.8x P/E. Adjusting for growth (PEG ratio), IQV offers better value at 0.56x vs MRK's 0.73x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $3.7B | $5.8B | $277.3B | $9.0B | $30.3B |
| Enterprise ValueMkt cap + debt − cash | $3.5B | $5.8B | $313.3B | $11.8B | $44.5B |
| Trailing P/EPrice ÷ TTM EPS | -9.90x | -33.26x | 15.42x | -62.52x | 22.79x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | 21.93x | 16.42x | 14.06x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 0.73x | — | 0.56x |
| EV / EBITDAEnterprise value multiple | — | — | 10.68x | 12.98x | 12.97x |
| Price / SalesMarket cap ÷ Revenue | — | 1445.85x | 4.27x | 2.24x | 1.86x |
| Price / BookPrice ÷ Book value/share | 5.57x | 7.11x | 5.35x | 2.81x | 4.67x |
| Price / FCFMarket cap ÷ FCF | — | — | 22.44x | 17.31x | 14.78x |
Profitability & Efficiency
MRK leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
MRK delivers a 36.1% return on equity — every $100 of shareholder capital generates $36 in annual profit, vs $-71 for VKTX. VKTX carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to IQV's 2.44x. On the Piotroski fundamental quality scale (0–9), MRK scores 4/9 vs CGON's 2/9, reflecting mixed financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -71.3% | -22.9% | +36.1% | -5.7% | +22.1% |
| ROA (TTM)Return on assets | -65.3% | -21.8% | +14.6% | -2.5% | +4.7% |
| ROICReturn on invested capital | -44.4% | -23.8% | +22.0% | +6.3% | +8.7% |
| ROCEReturn on capital employed | -51.8% | -25.5% | +23.8% | +8.1% | +11.0% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 2 | 4 | 4 | 4 |
| Debt / EquityFinancial leverage | 0.00x | 0.01x | 0.96x | 0.95x | 2.44x |
| Net DebtTotal debt minus cash | -$166M | -$25M | $36.0B | $2.9B | $14.2B |
| Cash & Equiv.Liquid assets | $166M | $32M | $14.6B | $214M | $2.0B |
| Total DebtShort + long-term debt | $137,000 | $7M | $50.5B | $3.1B | $16.2B |
| Interest CoverageEBIT ÷ Interest expense | -15687.44x | — | 19.68x | 6.38x | 3.10x |
Total Returns (Dividends Reinvested)
CGON leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in VKTX five years ago would be worth $53,526 today (with dividends reinvested), compared to $5,311 for CRL. Over the past 12 months, CGON leads with a +209.7% total return vs VKTX's +14.6%. The 3-year compound annual growth rate (CAGR) favors CGON at 23.0% vs IQV's -2.0% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -10.8% | +65.5% | +6.3% | -10.1% | -20.7% |
| 1-Year ReturnPast 12 months | +14.6% | +209.7% | +46.1% | +32.8% | +16.5% |
| 3-Year ReturnCumulative with dividends | +38.1% | +86.1% | +2.9% | -4.2% | -5.9% |
| 5-Year ReturnCumulative with dividends | +435.3% | +86.1% | +70.2% | -46.9% | -23.8% |
| 10-Year ReturnCumulative with dividends | +2576.3% | +86.1% | +166.5% | +119.2% | +166.5% |
| CAGR (3Y)Annualised 3-year return | +11.4% | +23.0% | +0.9% | -1.4% | -2.0% |
Risk & Volatility
Evenly matched — CGON and MRK each lead in 1 of 2 comparable metrics.
Risk & Volatility
MRK is the less volatile stock with a 0.48 beta — it tends to amplify market swings less than VKTX's 1.61 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CGON currently trades 94.0% from its 52-week high vs IQV's 72.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.61x | 1.48x | 0.48x | 1.52x | 1.33x |
| 52-Week HighHighest price in past year | $43.15 | $73.57 | $125.14 | $228.88 | $247.05 |
| 52-Week LowLowest price in past year | $22.96 | $21.00 | $73.31 | $131.30 | $134.65 |
| % of 52W HighCurrent price vs 52-week peak | +73.2% | +94.0% | +89.7% | +79.5% | +72.3% |
| RSI (14)Momentum oscillator 0–100 | 47.1 | 52.8 | 46.7 | 57.2 | 58.5 |
| Avg Volume (50D)Average daily shares traded | 2.3M | 1.2M | 7.3M | 806K | 1.6M |
Analyst Outlook
MRK leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Analyst consensus: VKTX as "Buy", CGON as "Buy", MRK as "Buy", CRL as "Buy", IQV as "Buy". Consensus price targets imply 219.0% upside for VKTX (target: $101) vs 12.9% for CRL (target: $205). MRK is the only dividend payer here at 2.90% yield — a key consideration for income-focused portfolios.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $100.75 | $79.86 | $129.31 | $205.43 | $225.63 |
| # AnalystsCovering analysts | 24 | 9 | 37 | 36 | 44 |
| Dividend YieldAnnual dividend ÷ price | — | — | +2.9% | — | — |
| Dividend StreakConsecutive years of raises | — | — | 14 | 1 | 2 |
| Dividend / ShareAnnual DPS | — | — | $3.26 | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +1.8% | +4.0% | +4.1% |
MRK leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). IQV leads in 1 (Valuation Metrics). 1 tied.
VKTX vs CGON vs MRK vs CRL vs IQV: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is VKTX or CGON or MRK or CRL or IQV a better buy right now?
For growth investors, CG Oncology, Inc.
Common stock (CGON) is the stronger pick with 254. 7% revenue growth year-over-year, versus -0. 9% for Charles River Laboratories International, Inc. (CRL). Merck & Co. , Inc. (MRK) offers the better valuation at 15. 4x trailing P/E (21. 9x forward), making it the more compelling value choice. Analysts rate Viking Therapeutics, Inc. (VKTX) 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.
02Which has the better valuation — VKTX or CGON or MRK or CRL or IQV?
On trailing P/E, Merck & Co.
, Inc. (MRK) is the cheapest at 15. 4x versus IQVIA Holdings Inc. at 22. 8x. On forward P/E, IQVIA Holdings Inc. is actually cheaper at 14. 1x — 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: IQVIA Holdings Inc. wins at 0. 35x versus Merck & Co. , Inc. 's 1. 03x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — VKTX or CGON or MRK or CRL or IQV?
Over the past 5 years, Viking Therapeutics, Inc.
(VKTX) delivered a total return of +435. 3%, compared to -46. 9% for Charles River Laboratories International, Inc. (CRL). Over 10 years, the gap is even starker: VKTX returned +25. 8% versus CGON's +86. 1%. 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 — VKTX or CGON or MRK or CRL or IQV?
By beta (market sensitivity over 5 years), Merck & Co.
, Inc. (MRK) is the lower-risk stock at 0. 48β versus Viking Therapeutics, Inc. 's 1. 61β — meaning VKTX is approximately 238% more volatile than MRK relative to the S&P 500. On balance sheet safety, Viking Therapeutics, Inc. (VKTX) carries a lower debt/equity ratio of 0% versus 2% for IQVIA Holdings Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — VKTX or CGON or MRK or CRL or IQV?
By revenue growth (latest reported year), CG Oncology, Inc.
Common stock (CGON) is pulling ahead at 254. 7% versus -0. 9% for Charles River Laboratories International, Inc. (CRL). On earnings-per-share growth, the picture is similar: Merck & Co. , Inc. grew EPS 8. 0% year-over-year, compared to -1555. 0% for Charles River Laboratories International, Inc.. Over a 3-year CAGR, CGON leads at 176. 6% 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 — VKTX or CGON or MRK or CRL or IQV?
Merck & Co.
, Inc. (MRK) is the more profitable company, earning 28. 1% net margin versus -39. 9% for CG Oncology, Inc. Common stock — meaning it keeps 28. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MRK leads at 36. 2% versus -47. 2% for CGON. At the gross margin level — before operating expenses — MRK leads at 72. 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 VKTX or CGON or MRK or CRL or IQV 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, IQVIA Holdings Inc. (IQV) is the more undervalued stock at a PEG of 0. 35x versus Merck & Co. , Inc. 's 1. 03x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, IQVIA Holdings Inc. (IQV) trades at 14. 1x forward P/E versus 21. 9x for Merck & Co. , Inc. — 7. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for VKTX: 219. 0% to $100. 75.
08Which pays a better dividend — VKTX or CGON or MRK or CRL or IQV?
In this comparison, MRK (2.
9% yield) pays a dividend. VKTX, CGON, CRL, IQV do not pay a meaningful dividend and should not be held primarily for income.
09Is VKTX or CGON or MRK or CRL or IQV better for a retirement portfolio?
For long-horizon retirement investors, Merck & Co.
, Inc. (MRK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 48), 2. 9% yield, +166. 5% 10Y return). Viking Therapeutics, Inc. (VKTX) carries a higher beta of 1. 61 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MRK: +166. 5%, VKTX: +25. 8%), 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 VKTX and CGON and MRK and CRL and IQV?
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: VKTX is a small-cap quality compounder stock; CGON is a small-cap high-growth stock; MRK is a large-cap deep-value stock; CRL is a small-cap quality compounder stock; IQV is a mid-cap quality compounder stock. MRK pays a dividend while VKTX, CGON, CRL, IQV do 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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