WallStSmart

Alnylam Pharmaceuticals Inc (ALNY)vsIncyte Corporation (INCY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Incyte Corporation generates 38% more annual revenue ($5.14B vs $3.71B). INCY leads profitability with a 25.0% profit margin vs 8.5%. INCY trades at a lower P/E of 14.1x. INCY earns a higher WallStSmart Score of 83/100 (A-).

ALNY

Hold

49

out of 100

Grade: D+

Growth: 8.0Profit: 7.0Value: 3.0Quality: 5.0

INCY

Exceptional Buy

83

out of 100

Grade: A-

Growth: 8.7Profit: 9.5Value: 10.0Quality: 7.8
Piotroski: 5/9Altman Z: 3.07
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ALNYSignificantly Overvalued (-1925.6%)

Margin of Safety

-1925.6%

Fair Value

$15.91

Current Price

$328.70

$312.79 premium

UndervaluedFair: $15.91Overvalued
INCYUndervalued (+67.0%)

Margin of Safety

+67.0%

Fair Value

$299.99

Current Price

$92.23

$207.76 discount

UndervaluedFair: $299.99Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALNY2 strengths · Avg: 10.0/10
Return on EquityProfitability
73.3%10/10

Every $100 of equity generates 73 in profit

Revenue GrowthGrowth
84.9%10/10

Revenue surging 84.9% year-over-year

INCY6 strengths · Avg: 9.0/10
PEG RatioValuation
0.3210/10

Growing faster than its price suggests

Altman Z-ScoreHealth
3.0710/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
29.9%9/10

Every $100 of equity generates 30 in profit

Profit MarginProfitability
25.0%9/10

Keeps 25 of every $100 in revenue as profit

P/E RatioValuation
14.1x8/10

Attractively priced relative to earnings

Operating MarginProfitability
25.6%8/10

Strong operational efficiency at 25.6%

Areas to Watch

ALNY3 concerns · Avg: 2.7/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

P/E RatioValuation
131.7x2/10

Premium valuation, high expectations priced in

Price/BookValuation
55.2x2/10

Trading at 55.2x book value

INCY0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : ALNY

The strongest argument for ALNY centers on Return on Equity, Revenue Growth. Revenue growth of 84.9% demonstrates continued momentum.

Bull Case : INCY

The strongest argument for INCY centers on PEG Ratio, Altman Z-Score, Return on Equity. Profitability is solid with margins at 25.0% and operating margin at 25.6%. Revenue growth of 27.8% demonstrates continued momentum.

Bear Case : ALNY

The primary concerns for ALNY are EPS Growth, P/E Ratio, Price/Book. A P/E of 131.7x leaves little room for execution misses.

Bear Case : INCY

No major red flags identified for INCY, but monitor valuation.

Key Dynamics to Monitor

ALNY profiles as a hypergrowth stock while INCY is a growth play — different risk/reward profiles.

INCY carries more volatility with a beta of 0.84 — expect wider price swings.

ALNY is growing revenue faster at 84.9% — sustainability is the question.

INCY generates stronger free cash flow (521M), providing more financial flexibility.

Bottom Line

INCY scores higher overall (83/100 vs 49/100), backed by strong 25.0% margins and 27.8% revenue growth. Both earn "Exceptional Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Alnylam Pharmaceuticals Inc

HEALTHCARE · BIOTECHNOLOGY · USA

Alnylam Pharmaceuticals, Inc., a biopharmaceutical company, focuses on discovering, developing and commercializing RNA interference (RNAi) therapies. The company is headquartered in Cambridge, Massachusetts.

Incyte Corporation

HEALTHCARE · BIOTECHNOLOGY · USA

Incyte Corp is an American pharmaceutical company based in Alapocas, Delaware.

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