WallStSmart

Alnylam Pharmaceuticals Inc (ALNY)vsNovavax Inc (NVAX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Alnylam Pharmaceuticals Inc generates 231% more annual revenue ($3.71B vs $1.12B). NVAX leads profitability with a 39.2% profit margin vs 8.5%. NVAX trades at a lower P/E of 3.7x. NVAX earns a higher WallStSmart Score of 56/100 (C).

ALNY

Hold

49

out of 100

Grade: D+

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

NVAX

Buy

56

out of 100

Grade: C

Growth: 4.7Profit: 7.0Value: 10.0Quality: 6.5
Piotroski: 5/9Altman Z: -2.81
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
NVAXUndervalued (+48.9%)

Margin of Safety

+48.9%

Fair Value

$17.54

Current Price

$9.34

$8.20 discount

UndervaluedFair: $17.54Overvalued

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

NVAX4 strengths · Avg: 10.0/10
P/E RatioValuation
3.7x10/10

Attractively priced relative to earnings

Profit MarginProfitability
39.2%10/10

Keeps 39 of every $100 in revenue as profit

Revenue GrowthGrowth
66.6%10/10

Revenue surging 66.6% year-over-year

Debt/EquityHealth
-1.6010/10

Conservative balance sheet, low leverage

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

NVAX4 concerns · Avg: 2.3/10
Market CapQuality
$1.57B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
-9.0%2/10

ROE of -9.0% — below average capital efficiency

EPS GrowthGrowth
-38.1%2/10

Earnings declined 38.1%

Free Cash FlowQuality
$-41.55M2/10

Negative free cash flow — burning cash

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 : NVAX

The strongest argument for NVAX centers on P/E Ratio, Profit Margin, Revenue Growth. Profitability is solid with margins at 39.2% and operating margin at 14.2%. Revenue growth of 66.6% 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 : NVAX

The primary concerns for NVAX are Market Cap, Return on Equity, EPS Growth.

Key Dynamics to Monitor

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

NVAX carries more volatility with a beta of 2.63 — expect wider price swings.

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

ALNY generates stronger free cash flow (140M), providing more financial flexibility.

Bottom Line

NVAX scores higher overall (56/100 vs 49/100), backed by strong 39.2% margins and 66.6% revenue growth. Both earn "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.

Novavax Inc

HEALTHCARE · BIOTECHNOLOGY · USA

Novavax, Inc., a biotechnology company, focuses on the discovery, development and commercialization of vaccines to prevent serious infectious diseases and address health needs. The company is headquartered in Gaithersburg, Maryland.

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