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ZLAB vs LEGN vs ZYME vs CAN vs RCUS
Revenue, margins, valuation, and 5-year total return — side by side.
Biotechnology
Biotechnology
Computer Hardware
Biotechnology
ZLAB vs LEGN vs ZYME vs CAN vs RCUS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Biotechnology | Biotechnology | Biotechnology | Computer Hardware | Biotechnology |
| Market Cap | $2.19B | $5.28B | $1.98B | $331M | $2.50B |
| Revenue (TTM) | $460M | $1.03B | $79M | $530M | $236M |
| Net Income (TTM) | $-176M | $-297M | $-44.22B | $-210M | $-369M |
| Gross Margin | 58.5% | 60.3% | 97.9% | 7.8% | 90.7% |
| Operating Margin | -49.9% | -13.2% | -598.4% | -21.0% | -168.6% |
| Forward P/E | — | 118.1x | 22.4x | — | — |
| Total Debt | $224M | $414M | $18M | $55M | $99M |
| Cash & Equiv. | $680M | $902M | $41M | $81M | $222M |
ZLAB vs LEGN vs ZYME vs CAN vs RCUS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 20 | May 26 | Return |
|---|---|---|---|
| Zai Lab Limited (ZLAB) | 100 | 24.1 | -75.9% |
| Legend Biotech Corp… (LEGN) | 100 | 67.1 | -32.9% |
| Zymeworks Inc. (ZYME) | 100 | 73.7 | -26.3% |
| Canaan Inc. (CAN) | 100 | 27.1 | -72.9% |
| Arcus Biosciences, … (RCUS) | 100 | 100.2 | +0.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ZLAB vs LEGN vs ZYME vs CAN vs RCUS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ZLAB is the #2 pick in this set and the best alternative if efficiency is your priority.
- -15.0% ROA vs ZYME's -36.9%, ROIC -42.8% vs -25.9%
LEGN has the current edge in this matchup, primarily because of its strength in income & stability.
- beta 0.77
- -28.8% margin vs ZYME's -560.8%
- Beta 0.77 vs CAN's 4.41
ZYME ranks third and is worth considering specifically for long-term compounding and sleep-well-at-night.
- 104.6% 10Y total return vs LEGN's -22.8%
- Lower volatility, beta 0.97, Low D/E 6.8%, current ratio 5.52x
- Beta 0.97, current ratio 5.52x
- Better valuation composite
CAN is the clearest fit if your priority is growth exposure.
- Rev growth 96.7%, EPS growth 51.1%, 3Y rev CAGR -6.7%
- 96.7% revenue growth vs RCUS's -4.3%
RCUS is the clearest fit if your priority is momentum.
- +209.6% vs ZLAB's -30.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 96.7% revenue growth vs RCUS's -4.3% | |
| Value | Better valuation composite | |
| Quality / Margins | -28.8% margin vs ZYME's -560.8% | |
| Stability / Safety | Beta 0.77 vs CAN's 4.41 | |
| Dividends | Tie | None of these 5 stocks pay a meaningful dividend |
| Momentum (1Y) | +209.6% vs ZLAB's -30.3% | |
| Efficiency (ROA) | -15.0% ROA vs ZYME's -36.9%, ROIC -42.8% vs -25.9% |
ZLAB vs LEGN vs ZYME vs CAN vs RCUS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
ZLAB vs LEGN vs ZYME vs CAN vs RCUS — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
LEGN leads in 1 of 6 categories
ZYME leads 1 • ZLAB leads 0 • CAN leads 0 • RCUS leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
LEGN leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LEGN is the larger business by revenue, generating $1.0B annually — 13.1x ZYME's $79M. LEGN is the more profitable business, keeping -28.8% of every revenue dollar as net income compared to ZYME's -560.8%. On growth, CAN holds the edge at +121.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $460M | $1.0B | $79M | $530M | $236M |
| EBITDAEarnings before interest/tax | -$214M | -$107M | -$47.2B | -$66M | -$391M |
| Net IncomeAfter-tax profit | -$176M | -$297M | -$44.2B | -$210M | -$369M |
| Free Cash FlowCash after capex | -$159M | -$231M | -$45.7B | $0 | -$489M |
| Gross MarginGross profit ÷ Revenue | +58.5% | +60.3% | +97.9% | +7.8% | +90.7% |
| Operating MarginEBIT ÷ Revenue | -49.9% | -13.2% | -598.4% | -21.0% | -168.6% |
| Net MarginNet income ÷ Revenue | -38.1% | -28.8% | -560.8% | -39.7% | -156.4% |
| FCF MarginFCF ÷ Revenue | -34.5% | -22.4% | -580.2% | — | -2.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +17.0% | +64.9% | -100.0% | +121.1% | -39.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +42.5% | -2.2% | -96.7% | +59.4% | +10.5% |
Valuation Metrics
Evenly matched — ZYME and CAN each lead in 2 of 4 comparable metrics.
Valuation Metrics
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $2.2B | $5.3B | $2.0B | $331M | $2.5B |
| Enterprise ValueMkt cap + debt − cash | $1.7B | $4.8B | $2.0B | $305M | $2.4B |
| Trailing P/EPrice ÷ TTM EPS | -12.35x | -8.87x | -24.63x | -1.14x | -7.54x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 118.11x | 22.43x | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | — | — | 0.26x | — | — |
| Price / SalesMarket cap ÷ Revenue | 4.75x | 5.11x | 18.65x | 0.62x | 10.11x |
| Price / BookPrice ÷ Book value/share | 3.03x | 2.63x | 7.46x | 0.55x | 4.22x |
| Price / FCFMarket cap ÷ FCF | — | — | — | — | — |
Profitability & Efficiency
Evenly matched — LEGN and ZYME each lead in 3 of 9 comparable metrics.
Profitability & Efficiency
ZLAB delivers a -22.8% return on equity — every $100 of shareholder capital generates $-23 in annual profit, vs $-108 for ZYME. ZYME carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to LEGN's 0.41x. On the Piotroski fundamental quality scale (0–9), CAN scores 6/9 vs RCUS's 0/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -22.8% | -29.2% | -107.5% | -48.1% | -69.0% |
| ROA (TTM)Return on assets | -15.0% | -17.6% | -36.9% | -34.9% | -35.3% |
| ROICReturn on invested capital | -42.8% | -12.7% | -25.9% | -24.9% | -64.1% |
| ROCEReturn on capital employed | -27.9% | -11.0% | -27.3% | -29.7% | -42.1% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 2 | 5 | 6 | 0 |
| Debt / EquityFinancial leverage | 0.31x | 0.41x | 0.07x | 0.13x | 0.16x |
| Net DebtTotal debt minus cash | -$455M | -$488M | -$23M | -$26M | -$123M |
| Cash & Equiv.Liquid assets | $680M | $902M | $41M | $81M | $222M |
| Total DebtShort + long-term debt | $224M | $414M | $18M | $55M | $99M |
| Interest CoverageEBIT ÷ Interest expense | -33.25x | -12.69x | -0.03x | -104.52x | -13.38x |
Total Returns (Dividends Reinvested)
ZYME leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LEGN five years ago would be worth $9,997 today (with dividends reinvested), compared to $770 for CAN. Over the past 12 months, RCUS leads with a +209.6% total return vs ZLAB's -30.3%. The 3-year compound annual growth rate (CAGR) favors ZYME at 44.8% vs CAN's -40.9% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +14.1% | +32.8% | -0.1% | -33.1% | +6.5% |
| 1-Year ReturnPast 12 months | -30.3% | -9.2% | +134.6% | -14.1% | +209.6% |
| 3-Year ReturnCumulative with dividends | -46.6% | -58.4% | +203.7% | -79.3% | +24.9% |
| 5-Year ReturnCumulative with dividends | -87.5% | -0.0% | -12.2% | -92.3% | -18.6% |
| 10-Year ReturnCumulative with dividends | -29.2% | -22.8% | +104.6% | -90.1% | +45.9% |
| CAGR (3Y)Annualised 3-year return | -18.9% | -25.4% | +44.8% | -40.9% | +7.7% |
Risk & Volatility
Evenly matched — LEGN and ZYME each lead in 1 of 2 comparable metrics.
Risk & Volatility
LEGN is the less volatile stock with a 0.77 beta — it tends to amplify market swings less than CAN's 4.41 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ZYME currently trades 89.4% from its 52-week high vs CAN's 23.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.21x | 0.77x | 0.97x | 4.41x | 1.95x |
| 52-Week HighHighest price in past year | $44.34 | $45.30 | $29.75 | $2.22 | $28.72 |
| 52-Week LowLowest price in past year | $15.96 | $16.24 | $10.86 | $0.39 | $7.06 |
| % of 52W HighCurrent price vs 52-week peak | +44.6% | +63.1% | +89.4% | +23.2% | +86.3% |
| RSI (14)Momentum oscillator 0–100 | 47.7 | 77.4 | 55.9 | 58.4 | 60.5 |
| Avg Volume (50D)Average daily shares traded | 729K | 1.9M | 612K | 9.7M | 1.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: ZLAB as "Buy", LEGN as "Buy", ZYME as "Buy", CAN as "Buy", RCUS as "Buy". Consensus price targets imply 336.9% upside for CAN (target: $2) vs 21.0% for RCUS (target: $30).
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $35.00 | $57.89 | $38.33 | $2.25 | $30.00 |
| # AnalystsCovering analysts | 11 | 19 | 20 | 6 | 18 |
| Dividend YieldAnnual dividend ÷ price | — | — | — | — | — |
| Dividend StreakConsecutive years of raises | — | — | — | 1 | — |
| Dividend / ShareAnnual DPS | — | — | — | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +2.1% | 0.0% | 0.0% |
LEGN leads in 1 of 6 categories (Income & Cash Flow). ZYME leads in 1 (Total Returns). 3 tied.
ZLAB vs LEGN vs ZYME vs CAN vs RCUS: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is ZLAB or LEGN or ZYME or CAN or RCUS a better buy right now?
For growth investors, Canaan Inc.
(CAN) is the stronger pick with 96. 7% revenue growth year-over-year, versus -4. 3% for Arcus Biosciences, Inc. (RCUS). Analysts rate Zai Lab Limited (ZLAB) a "Buy" — based on 11 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 — ZLAB or LEGN or ZYME or CAN or RCUS?
Over the past 5 years, Legend Biotech Corporation (LEGN) delivered a total return of -0.
0%, compared to -92. 3% for Canaan Inc. (CAN). Over 10 years, the gap is even starker: ZYME returned +104. 6% versus CAN's -90. 1%. 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 — ZLAB or LEGN or ZYME or CAN or RCUS?
By beta (market sensitivity over 5 years), Legend Biotech Corporation (LEGN) is the lower-risk stock at 0.
77β versus Canaan Inc. 's 4. 41β — meaning CAN is approximately 475% more volatile than LEGN relative to the S&P 500. On balance sheet safety, Zymeworks Inc. (ZYME) carries a lower debt/equity ratio of 7% versus 41% for Legend Biotech Corporation — giving it more financial flexibility in a downturn.
04Which is growing faster — ZLAB or LEGN or ZYME or CAN or RCUS?
By revenue growth (latest reported year), Canaan Inc.
(CAN) is pulling ahead at 96. 7% versus -4. 3% for Arcus Biosciences, Inc. (RCUS). On earnings-per-share growth, the picture is similar: Canaan Inc. grew EPS 51. 1% year-over-year, compared to -66. 0% for Legend Biotech Corporation. Over a 3-year CAGR, LEGN leads at 106. 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.
05Which has better profit margins — ZLAB or LEGN or ZYME or CAN or RCUS?
Legend Biotech Corporation (LEGN) is the more profitable company, earning -28.
8% net margin versus -142. 9% for Arcus Biosciences, Inc. — meaning it keeps -28. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LEGN leads at -13. 3% versus -156. 3% for RCUS. At the gross margin level — before operating expenses — RCUS leads at 96. 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.
06Is ZLAB or LEGN or ZYME or CAN or RCUS more undervalued right now?
On forward earnings alone, Zymeworks Inc.
(ZYME) trades at 22. 4x forward P/E versus 118. 1x for Legend Biotech Corporation — 95. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CAN: 336. 9% to $2. 25.
07Which pays a better dividend — ZLAB or LEGN or ZYME or CAN or RCUS?
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 ZLAB or LEGN or ZYME or CAN or RCUS better for a retirement portfolio?
For long-horizon retirement investors, Legend Biotech Corporation (LEGN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
77)). Canaan Inc. (CAN) carries a higher beta of 4. 41 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LEGN: -22. 8%, CAN: -90. 1%), 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 ZLAB and LEGN and ZYME and CAN and RCUS?
These companies operate in different sectors (ZLAB (Healthcare) and LEGN (Healthcare) and ZYME (Healthcare) and CAN (Technology) and RCUS (Healthcare)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: ZLAB is a small-cap high-growth stock; LEGN is a small-cap high-growth stock; ZYME is a small-cap high-growth stock; CAN is a small-cap high-growth stock; RCUS is a small-cap quality compounder 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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