WallStSmart

Harmony Biosciences Holdings (HRMY)vsNovartis AG ADR (NVS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Novartis AG ADR generates 6415% more annual revenue ($56.58B vs $868.45M). NVS leads profitability with a 23.9% profit margin vs 18.3%. HRMY trades at a lower P/E of 11.5x. HRMY earns a higher WallStSmart Score of 57/100 (C).

HRMY

Buy

57

out of 100

Grade: C

Growth: 6.7Profit: 8.0Value: 8.3Quality: 9.0
Piotroski: 4/9Altman Z: 3.28

NVS

Buy

51

out of 100

Grade: C-

Growth: 3.3Profit: 9.0Value: 4.0Quality: 5.5
Piotroski: 4/9Altman Z: 1.96
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HRMYUndervalued (+43.2%)

Margin of Safety

+43.2%

Fair Value

$64.38

Current Price

$31.26

$33.12 discount

UndervaluedFair: $64.38Overvalued
NVSSignificantly Overvalued (-52.5%)

Margin of Safety

-52.5%

Fair Value

$109.60

Current Price

$147.85

$38.25 premium

UndervaluedFair: $109.60Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HRMY6 strengths · Avg: 9.0/10
P/E RatioValuation
11.5x10/10

Attractively priced relative to earnings

Altman Z-ScoreHealth
3.2810/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
20.7%9/10

Every $100 of equity generates 21 in profit

Debt/EquityHealth
0.209/10

Conservative balance sheet, low leverage

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
21.1%8/10

Revenue surging 21.1% year-over-year

NVS5 strengths · Avg: 9.4/10
Market CapQuality
$282.11B10/10

Mega-cap, among the largest globally

Return on EquityProfitability
34.9%10/10

Every $100 of equity generates 35 in profit

Operating MarginProfitability
30.5%10/10

Strong operational efficiency at 30.5%

Profit MarginProfitability
23.9%9/10

Keeps 24 of every $100 in revenue as profit

Free Cash FlowQuality
$2.87B8/10

Generating 2.9B in free cash flow

Areas to Watch

HRMY2 concerns · Avg: 2.5/10
Market CapQuality
$1.80B3/10

Smaller company, higher risk/reward

EPS GrowthGrowth
-55.0%2/10

Earnings declined 55.0%

NVS4 concerns · Avg: 3.0/10
PEG RatioValuation
2.484/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.964/10

Grey zone — moderate risk

Revenue GrowthGrowth
-0.7%2/10

Revenue declined 0.7%

EPS GrowthGrowth
-9.3%2/10

Earnings declined 9.3%

Comparative Analysis Report

WallStSmart Research

Bull Case : HRMY

The strongest argument for HRMY centers on P/E Ratio, Altman Z-Score, Return on Equity. Profitability is solid with margins at 18.3% and operating margin at 15.8%. Revenue growth of 21.1% demonstrates continued momentum.

Bull Case : NVS

The strongest argument for NVS centers on Market Cap, Return on Equity, Operating Margin. Profitability is solid with margins at 23.9% and operating margin at 30.5%.

Bear Case : HRMY

The primary concerns for HRMY are Market Cap, EPS Growth.

Bear Case : NVS

The primary concerns for NVS are PEG Ratio, Altman Z-Score, Revenue Growth.

Key Dynamics to Monitor

HRMY profiles as a growth stock while NVS is a declining play — different risk/reward profiles.

HRMY carries more volatility with a beta of 0.89 — expect wider price swings.

HRMY is growing revenue faster at 21.1% — sustainability is the question.

NVS generates stronger free cash flow (2.9B), providing more financial flexibility.

Bottom Line

HRMY scores higher overall (57/100 vs 51/100), backed by strong 18.3% margins and 21.1% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Harmony Biosciences Holdings

HEALTHCARE · BIOTECHNOLOGY · USA

Harmony Biosciences Holdings, Inc., a commercial-stage pharmaceutical company, develops and markets therapies for patients with rare neurological disorders. The company is headquartered in Plymouth Meeting, Pennsylvania.

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Novartis AG ADR

HEALTHCARE · DRUG MANUFACTURERS - GENERAL · USA

Novartis AG researches, develops, manufactures and markets medical devices worldwide. The company is headquartered in Basel, Switzerland.

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