Biotechnology
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Side-by-side financial analysisStock Comparison
WVE vs NTLA
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
WVE vs NTLA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $1.12B | $1.39B |
| Revenue (TTM) | $72M | $66M |
| Net Income (TTM) | $-184M | $-395M |
| Gross Margin | 93.8% | -31.9% |
| Operating Margin | -274.2% | -6.4% |
| Total Debt | $18M | $93M |
| Cash & Equiv. | $602M | $155M |
WVE vs NTLA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 20 | Jun 26 | Return |
|---|---|---|---|
| Wave Life Sciences … (WVE) | 100 | 55.8 | -44.2% |
| Intellia Therapeuti… (NTLA) | 100 | 66.9 | -33.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WVE vs NTLA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WVE carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- beta 1.82
- Lower volatility, beta 1.82, Low D/E 3.4%, current ratio 6.47x
- Beta 1.82, current ratio 6.47x
NTLA is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 16.9%, EPS growth 27.4%, 3Y rev CAGR 9.1%
- -53.6% 10Y total return vs WVE's -62.8%
- 16.9% revenue growth vs WVE's -60.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.9% revenue growth vs WVE's -60.5% | |
| Quality / Margins | -255.7% margin vs NTLA's -6.0% | |
| Stability / Safety | Beta 1.82 vs NTLA's 2.32, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +47.6% vs WVE's -19.2% | |
| Efficiency (ROA) | -42.8% ROA vs NTLA's -46.1% |
WVE vs NTLA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
WVE leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WVE and NTLA operate at a comparable scale, with $72M and $66M in trailing revenue. Profitability is closely matched — net margins range from -2.6% (WVE) to -6.0% (NTLA). On growth, WVE holds the edge at +3.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $72M | $66M |
| EBITDAEarnings before interest/tax | -$188M | -$411M |
| Net IncomeAfter-tax profit | -$184M | -$395M |
| Free Cash FlowCash after capex | -$183M | -$364M |
| Gross MarginGross profit ÷ Revenue | +93.8% | -31.9% |
| Operating MarginEBIT ÷ Revenue | -2.7% | -6.4% |
| Net MarginNet income ÷ Revenue | -2.6% | -6.0% |
| FCF MarginFCF ÷ Revenue | -2.6% | -5.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.2% | -9.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +55.2% | +26.4% |
Valuation Metrics
WVE leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.1B | $1.4B |
| Enterprise ValueMkt cap + debt − cash | $533M | $1.3B |
| Trailing P/EPrice ÷ TTM EPS | -4.80x | -3.24x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 26.16x | 20.48x |
| Price / BookPrice ÷ Book value/share | 1.86x | 1.99x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
WVE leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
WVE delivers a -56.4% return on equity — every $100 of shareholder capital generates $-56 in annual profit, vs $-57 for NTLA. WVE carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to NTLA's 0.14x. On the Piotroski fundamental quality scale (0–9), NTLA scores 4/9 vs WVE's 3/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -56.4% | -57.3% |
| ROA (TTM)Return on assets | -42.8% | -46.1% |
| ROICReturn on invested capital | — | -44.0% |
| ROCEReturn on capital employed | -54.9% | -48.5% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 4 |
| Debt / EquityFinancial leverage | 0.03x | 0.14x |
| Net DebtTotal debt minus cash | -$584M | -$62M |
| Cash & Equiv.Liquid assets | $602M | $155M |
| Total DebtShort + long-term debt | $18M | $93M |
| Interest CoverageEBIT ÷ Interest expense | — | — |
Total Returns (Dividends Reinvested)
Evenly matched — WVE and NTLA each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WVE five years ago would be worth $8,025 today (with dividends reinvested), compared to $1,448 for NTLA. Over the past 12 months, NTLA leads with a +47.6% total return vs WVE's -19.2%. The 3-year compound annual growth rate (CAGR) favors WVE at 11.6% vs NTLA's -34.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -63.6% | +34.1% |
| 1-Year ReturnPast 12 months | -19.2% | +47.6% |
| 3-Year ReturnCumulative with dividends | +39.0% | -71.7% |
| 5-Year ReturnCumulative with dividends | -19.8% | -85.5% |
| 10-Year ReturnCumulative with dividends | -62.8% | -53.6% |
| CAGR (3Y)Annualised 3-year return | +11.6% | -34.3% |
Risk & Volatility
Evenly matched — WVE and NTLA each lead in 1 of 2 comparable metrics.
Risk & Volatility
WVE is the less volatile stock with a 1.82 beta — it tends to amplify market swings less than NTLA's 2.32 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NTLA currently trades 43.7% from its 52-week high vs WVE's 26.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.82x | 2.32x |
| 52-Week HighHighest price in past year | $21.73 | $28.25 |
| 52-Week LowLowest price in past year | $5.02 | $7.95 |
| % of 52W HighCurrent price vs 52-week peak | +26.7% | +43.7% |
| RSI (14)Momentum oscillator 0–100 | 34.2 | 42.2 |
| Avg Volume (50D)Average daily shares traded | 3.7M | 6.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates WVE as "Buy" and NTLA as "Buy". Consensus price targets imply 354.0% upside for WVE (target: $26) vs 112.9% for NTLA (target: $26).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $26.38 | $26.29 |
| # AnalystsCovering analysts | 25 | 39 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
WVE leads in 3 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 2 categories are tied.
WVE vs NTLA: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is WVE or NTLA a better buy right now?
For growth investors, Intellia Therapeutics, Inc.
(NTLA) is the stronger pick with 16. 9% revenue growth year-over-year, versus -60. 5% for Wave Life Sciences Ltd. (WVE). Analysts rate Wave Life Sciences Ltd. (WVE) a "Buy" — based on 25 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 — WVE or NTLA?
Over the past 5 years, Wave Life Sciences Ltd.
(WVE) delivered a total return of -19. 8%, compared to -85. 5% for Intellia Therapeutics, Inc. (NTLA). Over 10 years, the gap is even starker: NTLA returned -53. 6% versus WVE's -62. 8%. 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 — WVE or NTLA?
By beta (market sensitivity over 5 years), Wave Life Sciences Ltd.
(WVE) is the lower-risk stock at 1. 82β versus Intellia Therapeutics, Inc. 's 2. 32β — meaning NTLA is approximately 27% more volatile than WVE relative to the S&P 500. On balance sheet safety, Wave Life Sciences Ltd. (WVE) carries a lower debt/equity ratio of 3% versus 14% for Intellia Therapeutics, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — WVE or NTLA?
By revenue growth (latest reported year), Intellia Therapeutics, Inc.
(NTLA) is pulling ahead at 16. 9% versus -60. 5% for Wave Life Sciences Ltd. (WVE). On earnings-per-share growth, the picture is similar: Intellia Therapeutics, Inc. grew EPS 27. 4% year-over-year, compared to -72. 9% for Wave Life Sciences Ltd.. Over a 3-year CAGR, WVE leads at 127. 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.
05Which has better profit margins — WVE or NTLA?
Wave Life Sciences Ltd.
(WVE) is the more profitable company, earning -478. 3% net margin versus -609. 9% for Intellia Therapeutics, Inc. — meaning it keeps -478. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WVE leads at -504. 1% versus -651. 7% for NTLA. At the gross margin level — before operating expenses — WVE leads at 79. 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 — WVE or NTLA?
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 WVE or NTLA better for a retirement portfolio?
For long-horizon retirement investors, Wave Life Sciences Ltd.
(WVE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Intellia Therapeutics, Inc. (NTLA) carries a higher beta of 2. 32 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (WVE: -62. 8%, NTLA: -53. 6%), 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 WVE and NTLA?
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: WVE is a small-cap quality compounder stock; NTLA 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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