Comprehensive Stock Comparison
Compare XOMA Royalty Corp. (XOMA) vs XOMA Corporation (XOMAP) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
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Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | 498.7% revenue growth vs XOMAP's 498.7% | |
| Value | Lower P/E (38.7x vs 39.7x) | |
| Quality / Margins | 46.1% net margin vs XOMA's 41.1% | |
| Stability / Safety | Beta 0.13 vs XOMA's 0.82 | |
| Dividends | 1.8% yield, vs XOMA's 1.8% | |
| Momentum (1Y) | +22.5% vs XOMAP's +8.7% | |
| Efficiency (ROA) | 8.3% ROA vs XOMA's 7.3%, ROIC -37.6% vs -37.6% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Defensive / Recession hedge
Business Model
What each company does and how it makes money
XOMA Royalty Corp is a biotechnology royalty aggregator that acquires future economic rights to pre-commercial therapeutic candidates licensed to pharmaceutical partners. It generates revenue primarily through milestone payments and royalties from its portfolio of approximately 70 early to mid-stage clinical assets—typically earning a percentage of future drug sales if the therapies succeed. The company's moat lies in its specialized expertise in evaluating clinical-stage assets and structuring royalty agreements that provide diversified exposure to potential blockbuster drugs without bearing development costs.
XOMA Corporation is a biotechnology royalty aggregator that acquires future economic rights to pre-commercial therapeutic candidates licensed to pharmaceutical partners. It generates revenue primarily through milestone payments and royalties from its portfolio of approximately 70 early to mid-stage clinical assets — with no single asset dominating its income stream. The company's moat lies in its specialized expertise in evaluating and structuring royalty agreements for complex biotech assets, creating a diversified portfolio of potential future revenue streams.
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
XOMAP leads in 4 of 6 categories (Profitability & Efficiency, Total Returns). XOMA leads in 1 (Financial Metrics). 1 tied.
Financial Metrics (TTM)
XOMA and XOMAP operate at a comparable scale, with $47M and $47M in trailing revenue. XOMAP is the more profitable business, keeping 46.1% of every revenue dollar as net income compared to XOMA's 41.1%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $47M | $47M |
| EBITDAEarnings before interest/tax | $22M | $13M |
| Net IncomeAfter-tax profit | $19M | $22M |
| Free Cash FlowCash after capex | $5M | $5M |
| Gross MarginGross profit ÷ Revenue | +93.8% | +93.6% |
| Operating MarginEBIT ÷ Revenue | +4.1% | -15.0% |
| Net MarginNet income ÷ Revenue | +41.1% | +46.1% |
| FCF MarginFCF ÷ Revenue | +11.4% | +11.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +29.9% | +29.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +144.0% | +144.0% |
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $316M | $317M |
| Enterprise ValueMkt cap + debt − cash | $334M | $335M |
| Trailing P/EPrice ÷ TTM EPS | -16.03x | -15.62x |
| Forward P/EPrice ÷ next-FY EPS est. | 39.71x | 38.69x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 11.10x | 11.14x |
| Price / BookPrice ÷ Book value/share | 3.78x | 3.68x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
XOMAP delivers a 20.1% return on equity — every $100 of shareholder capital generates $20 in annual profit, vs $18 for XOMA. XOMA carries lower financial leverage with a 1.46x debt-to-equity ratio, signaling a more conservative balance sheet compared to XOMAP's 1.46x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +17.9% | +20.1% |
| ROA (TTM)Return on assets | +7.3% | +8.3% |
| ROICReturn on invested capital | -37.6% | -37.6% |
| ROCEReturn on capital employed | -19.4% | -19.4% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 4 |
| Debt / EquityFinancial leverage | 1.46x | 1.46x |
| Net DebtTotal debt minus cash | $18M | $18M |
| Cash & Equiv.Liquid assets | $102M | $102M |
| Total DebtShort + long-term debt | $119M | $119M |
| Interest CoverageEBIT ÷ Interest expense | 0.67x | 2.20x |
Total Returns (with DRIP)
A $10,000 investment in XOMAP five years ago would be worth $14,590 today (with dividends reinvested), compared to $7,158 for XOMA. Over the past 12 months, XOMA leads with a +22.5% total return vs XOMAP's +8.7%. The 3-year compound annual growth rate (CAGR) favors XOMAP at 8.9% vs XOMA's 7.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -5.5% | -3.0% |
| 1-Year ReturnPast 12 months | +22.5% | +8.7% |
| 3-Year ReturnCumulative with dividends | +23.9% | +29.1% |
| 5-Year ReturnCumulative with dividends | -28.4% | +45.9% |
| 10-Year ReturnCumulative with dividends | +46.9% | +50.5% |
| CAGR (3Y)Annualised 3-year return | +7.4% | +8.9% |
Risk & Volatility
XOMAP is the less volatile stock with a 0.13 beta — it tends to amplify market swings less than XOMA's 0.82 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. XOMAP currently trades 85.9% from its 52-week high vs XOMA's 66.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.82x | 0.13x |
| 52-Week HighHighest price in past year | $39.92 | $30.00 |
| 52-Week LowLowest price in past year | $18.35 | $24.96 |
| % of 52W HighCurrent price vs 52-week peak | +66.3% | +85.9% |
| RSI (14)Momentum oscillator 0–100 | 49.0 | 38.3 |
| Avg Volume (50D)Average daily shares traded | 482K | 991 |
Analyst Outlook
Wall Street rates XOMA as "Buy" and XOMAP as "Buy". For income investors, XOMAP offers the higher dividend yield at 1.81% vs XOMA's 1.77%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $68.25 | — |
| # AnalystsCovering analysts | 10 | 9 |
| Dividend YieldAnnual dividend ÷ price | +1.8% | +1.8% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $0.47 | $0.47 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +0.0% |
Historical Charts
Charts are rendered on first load. Hover for details.
Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Jan 21 | Mar 26 | Change |
|---|---|---|---|
| XOMA Royalty Corp. (XOMA) | 100 | 65.82 | -34.2% |
| XOMA Corporation (XOMAP) | 103.15 | 105.49 | +2.3% |
XOMA Royalty Corp. (XOMA) returned -28% over 5 years vs XOMA Corporation (XOMAP)'s -28%.
Chart 2Revenue Growth — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| XOMA Royalty Corp. (XOMA) | $55M | $28M | -48.6% |
| XOMA Corporation (XOMAP) | $55M | $28M | -48.6% |
XOMA Royalty Corp.'s revenue grew from $55M (2015) to $28M (2024) — a -7.1% CAGR. XOMA Corporation's revenue grew from $55M (2015) to $28M (2024) — a -7.1% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| XOMA Royalty Corp. (XOMA) | -37.2% | -48.5% | -30.6% |
| XOMA Corporation (XOMAP) | -37.2% | -48.5% | -30.6% |
XOMA Royalty Corp.'s net margin went from -37% (2015) to -49% (2024). XOMA Corporation's net margin went from -37% (2015) to -49% (2024).
Chart 4P/E Ratio History — 3 Years
| Stock | 2017 | 2021 | Change |
|---|---|---|---|
| XOMA Royalty Corp. (XOMA) | 48.8 | 32.1 | -34.2% |
XOMA Royalty Corp. has traded in a 32x–57x P/E range over 3 years; current trailing P/E is ~-16x.
Chart 5EPS Growth — 10 Years
| Stock | 2015 | 2024 | Change |
|---|---|---|---|
| XOMA Royalty Corp. (XOMA) | -3.5 | -1.65 | +52.9% |
| XOMA Corporation (XOMAP) | -1.82 | -1.65 | +9.3% |
XOMA Royalty Corp.'s EPS grew from $-3.50 (2015) to $-1.65 (2024). XOMA Corporation's EPS grew from $-1.82 (2015) to $-1.65 (2024).
Chart 6Free Cash Flow — 5 Years
XOMA Royalty Corp. generated $-14M FCF in 2024 (-260% vs 2021). XOMA Corporation generated $-14M FCF in 2024 (-260% vs 2021).
XOMA vs XOMAP: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is XOMA or XOMAP a better buy right now?
Analysts rate XOMA Royalty Corp. (XOMA) a "Buy" — based on 10 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 — XOMA or XOMAP?
Over the past 5 years, XOMA Corporation (XOMAP) delivered a total return of +45.9%, compared to -28.4% for XOMA Royalty Corp. (XOMA). A $10,000 investment in XOMAP five years ago would be worth approximately $15K today (assuming dividends reinvested). Over 10 years, the gap is even starker: XOMAP returned +50.5% versus XOMA's +46.9%. 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 — XOMA or XOMAP?
By beta (market sensitivity over 5 years), XOMA Corporation (XOMAP) is the lower-risk stock at 0.13β versus XOMA Royalty Corp.'s 0.82β — meaning XOMA is approximately 515% more volatile than XOMAP relative to the S&P 500. On balance sheet safety, XOMA Royalty Corp. (XOMA) carries a lower debt/equity ratio of 146% versus 146% for XOMA Corporation — giving it more financial flexibility in a downturn.
04Which has better profit margins — XOMA or XOMAP?
XOMA Royalty Corp. (XOMA) is the more profitable company, earning -48.5% net margin versus -48.5% for XOMA Corporation — meaning it keeps -48.5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: XOMA leads at -140.3% versus -140.3% for XOMAP. At the gross margin level — before operating expenses — XOMA leads at 99.3%, 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.
05Is XOMA or XOMAP more undervalued right now?
On forward earnings alone, XOMA Corporation (XOMAP) trades at 38.7x forward P/E versus 39.7x for XOMA Royalty Corp. — 1.0x cheaper on a one-year earnings basis.
06Which pays a better dividend — XOMA or XOMAP?
All stocks in this comparison pay dividends. XOMA Corporation (XOMAP) offers the highest yield at 1.8%, versus 1.8% for XOMA Royalty Corp. (XOMA).
07Is XOMA or XOMAP better for a retirement portfolio?
For long-horizon retirement investors, XOMA Corporation (XOMAP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.13), 1.8% yield). Both have compounded well over 10 years (XOMAP: +50.5%, XOMA: +46.9%), 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 XOMA and XOMAP?
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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