Biotechnology
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Side-by-side financial analysisStock Comparison
WVE vs SRPT
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
WVE vs SRPT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Biotechnology | Biotechnology |
| Market Cap | $1.12B | $1.58B |
| Revenue (TTM) | $72M | $2.18B |
| Net Income (TTM) | $-184M | $65M |
| Gross Margin | 93.8% | 34.4% |
| Operating Margin | -274.2% | -1.9% |
| Forward P/E | — | 4.3x |
| Total Debt | $18M | $1.04B |
| Cash & Equiv. | $602M | $801M |
WVE vs SRPT — 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% |
| Sarepta Therapeutic… (SRPT) | 100 | 9.4 | -90.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WVE vs SRPT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WVE is the clearest fit if your priority is income & stability and growth exposure.
- beta 1.82
- Rev growth -60.5%, EPS growth -72.9%, 3Y rev CAGR 127.1%
- Lower volatility, beta 1.82, Low D/E 3.4%, current ratio 6.47x
SRPT carries the broadest edge in this set and is the clearest fit for long-term compounding.
- -22.7% 10Y total return vs WVE's -62.8%
- 15.6% revenue growth vs WVE's -60.5%
- 3.0% margin vs WVE's -255.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.6% revenue growth vs WVE's -60.5% | |
| Quality / Margins | 3.0% margin vs WVE's -255.7% | |
| Stability / Safety | Beta 1.82 vs SRPT's 2.18, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -19.2% vs SRPT's -60.3% | |
| Efficiency (ROA) | 1.9% ROA vs WVE's -42.8% |
WVE vs SRPT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
SRPT leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
SRPT is the larger business by revenue, generating $2.2B annually — 30.4x WVE's $72M. SRPT is the more profitable business, keeping 3.0% of every revenue dollar as net income compared to WVE's -2.6%. On growth, WVE holds the edge at +3.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $72M | $2.2B |
| EBITDAEarnings before interest/tax | -$188M | -$6M |
| Net IncomeAfter-tax profit | -$184M | $65M |
| Free Cash FlowCash after capex | -$183M | $107M |
| Gross MarginGross profit ÷ Revenue | +93.8% | +34.4% |
| Operating MarginEBIT ÷ Revenue | -2.7% | -1.9% |
| Net MarginNet income ÷ Revenue | -2.6% | +3.0% |
| FCF MarginFCF ÷ Revenue | -2.6% | +4.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.2% | -1.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +55.2% | +162.6% |
Valuation Metrics
SRPT leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.1B | $1.6B |
| Enterprise ValueMkt cap + debt − cash | $533M | $1.8B |
| Trailing P/EPrice ÷ TTM EPS | -4.80x | -2.10x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 4.25x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 26.16x | 0.72x |
| Price / BookPrice ÷ Book value/share | 1.86x | 1.38x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
SRPT leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
SRPT delivers a 4.9% return on equity — every $100 of shareholder capital generates $5 in annual profit, vs $-56 for WVE. WVE carries lower financial leverage with a 0.03x debt-to-equity ratio, signaling a more conservative balance sheet compared to SRPT's 0.91x. On the Piotroski fundamental quality scale (0–9), SRPT scores 4/9 vs WVE's 3/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -56.4% | +4.9% |
| ROA (TTM)Return on assets | -42.8% | +1.9% |
| ROICReturn on invested capital | — | -31.4% |
| ROCEReturn on capital employed | -54.9% | -24.0% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 4 |
| Debt / EquityFinancial leverage | 0.03x | 0.91x |
| Net DebtTotal debt minus cash | -$584M | $238M |
| Cash & Equiv.Liquid assets | $602M | $801M |
| Total DebtShort + long-term debt | $18M | $1.0B |
| Interest CoverageEBIT ÷ Interest expense | — | -14.00x |
Total Returns (Dividends Reinvested)
WVE leads this category, winning 4 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 $1,744 for SRPT. Over the past 12 months, WVE leads with a -19.2% total return vs SRPT's -60.3%. The 3-year compound annual growth rate (CAGR) favors WVE at 11.6% vs SRPT's -51.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -63.6% | -29.6% |
| 1-Year ReturnPast 12 months | -19.2% | -60.3% |
| 3-Year ReturnCumulative with dividends | +39.0% | -88.5% |
| 5-Year ReturnCumulative with dividends | -19.8% | -82.6% |
| 10-Year ReturnCumulative with dividends | -62.8% | -22.7% |
| CAGR (3Y)Annualised 3-year return | +11.6% | -51.3% |
Risk & Volatility
Evenly matched — WVE and SRPT 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 SRPT's 2.18 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SRPT currently trades 37.8% 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 | 2.18x |
| 52-Week HighHighest price in past year | $21.73 | $39.64 |
| 52-Week LowLowest price in past year | $5.02 | $10.42 |
| % of 52W HighCurrent price vs 52-week peak | +26.7% | +37.8% |
| RSI (14)Momentum oscillator 0–100 | 34.2 | 31.9 |
| Avg Volume (50D)Average daily shares traded | 3.7M | 2.6M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates WVE as "Buy" and SRPT as "Buy". Consensus price targets imply 354.0% upside for WVE (target: $26) vs 67.6% for SRPT (target: $25).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $26.38 | $25.14 |
| # AnalystsCovering analysts | 25 | 54 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.6% |
SRPT leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). WVE leads in 1 (Total Returns). 1 tied.
WVE vs SRPT: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is WVE or SRPT a better buy right now?
For growth investors, Sarepta Therapeutics, Inc.
(SRPT) is the stronger pick with 15. 6% 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 SRPT?
Over the past 5 years, Wave Life Sciences Ltd.
(WVE) delivered a total return of -19. 8%, compared to -82. 6% for Sarepta Therapeutics, Inc. (SRPT). Over 10 years, the gap is even starker: SRPT returned -22. 7% 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 SRPT?
By beta (market sensitivity over 5 years), Wave Life Sciences Ltd.
(WVE) is the lower-risk stock at 1. 82β versus Sarepta Therapeutics, Inc. 's 2. 18β — meaning SRPT is approximately 20% 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 91% for Sarepta Therapeutics, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — WVE or SRPT?
By revenue growth (latest reported year), Sarepta Therapeutics, Inc.
(SRPT) is pulling ahead at 15. 6% versus -60. 5% for Wave Life Sciences Ltd. (WVE). On earnings-per-share growth, the picture is similar: Wave Life Sciences Ltd. grew EPS -72. 9% year-over-year, compared to -404. 7% for Sarepta Therapeutics, Inc.. 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 SRPT?
Sarepta Therapeutics, Inc.
(SRPT) is the more profitable company, earning -32. 5% net margin versus -478. 3% for Wave Life Sciences Ltd. — meaning it keeps -32. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: SRPT leads at -29. 9% versus -504. 1% for WVE. 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.
06Is WVE or SRPT more undervalued right now?
Analyst consensus price targets imply the most upside for WVE: 354.
0% to $26. 38.
07Which pays a better dividend — WVE or SRPT?
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 WVE or SRPT 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. Sarepta Therapeutics, Inc. (SRPT) carries a higher beta of 2. 18 — 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%, SRPT: -22. 7%), 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 WVE and SRPT?
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; SRPT 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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