WallStSmart

Kiniksa Pharmaceuticals Ltd (KNSA)vsUnited Therapeutics Corporation (UTHR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

United Therapeutics Corporation generates 275% more annual revenue ($3.15B vs $840.85M). UTHR leads profitability with a 41.6% profit margin vs 9.6%. UTHR trades at a lower P/E of 17.9x. UTHR earns a higher WallStSmart Score of 61/100 (C+).

KNSA

Buy

53

out of 100

Grade: C-

Growth: 10.0Profit: 6.5Value: 5.7Quality: 8.5
Piotroski: 4/9Altman Z: 2.77

UTHR

Buy

61

out of 100

Grade: C+

Growth: 5.3Profit: 9.0Value: 6.0Quality: 7.8
Piotroski: 5/9Altman Z: 8.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KNSAUndervalued (+77.8%)

Margin of Safety

+77.8%

Fair Value

$202.69

Current Price

$76.27

$126.42 discount

UndervaluedFair: $202.69Overvalued
UTHRUndervalued (+0.8%)

Margin of Safety

+0.8%

Fair Value

$479.95

Current Price

$497.11

$17.16 discount

UndervaluedFair: $479.95Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KNSA3 strengths · Avg: 9.3/10
Revenue GrowthGrowth
55.4%10/10

Revenue surging 55.4% year-over-year

Debt/EquityHealth
0.0110/10

Conservative balance sheet, low leverage

EPS GrowthGrowth
30.4%8/10

Earnings expanding 30.4% YoY

UTHR5 strengths · Avg: 9.4/10
Profit MarginProfitability
41.6%10/10

Keeps 42 of every $100 in revenue as profit

Operating MarginProfitability
42.2%10/10

Strong operational efficiency at 42.2%

Altman Z-ScoreHealth
8.5610/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
20.5%9/10

Every $100 of equity generates 20 in profit

P/E RatioValuation
17.9x8/10

Attractively priced relative to earnings

Areas to Watch

KNSA2 concerns · Avg: 3.0/10
Price/BookValuation
9.1x4/10

Trading at 9.1x book value

P/E RatioValuation
79.3x2/10

Premium valuation, high expectations priced in

UTHR2 concerns · Avg: 3.0/10
PEG RatioValuation
2.224/10

Expensive relative to growth rate

Revenue GrowthGrowth
-1.9%2/10

Revenue declined 1.9%

Comparative Analysis Report

WallStSmart Research

Bull Case : KNSA

The strongest argument for KNSA centers on Revenue Growth, Debt/Equity, EPS Growth. Revenue growth of 55.4% demonstrates continued momentum.

Bull Case : UTHR

The strongest argument for UTHR centers on Profit Margin, Operating Margin, Altman Z-Score. Profitability is solid with margins at 41.6% and operating margin at 42.2%.

Bear Case : KNSA

The primary concerns for KNSA are Price/Book, P/E Ratio. A P/E of 79.3x leaves little room for execution misses.

Bear Case : UTHR

The primary concerns for UTHR are PEG Ratio, Revenue Growth.

Key Dynamics to Monitor

KNSA profiles as a hypergrowth stock while UTHR is a declining play — different risk/reward profiles.

UTHR carries more volatility with a beta of 0.56 — expect wider price swings.

KNSA is growing revenue faster at 55.4% — sustainability is the question.

UTHR generates stronger free cash flow (206M), providing more financial flexibility.

Bottom Line

UTHR scores higher overall (61/100 vs 53/100), backed by strong 41.6% margins. KNSA offers better value entry with a 77.8% margin of safety. 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.

Kiniksa Pharmaceuticals Ltd

HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC · USA

Kiniksa Pharmaceuticals Ltd. (KNSA) is an innovative biopharmaceutical company focused on developing breakthrough therapies to address pressing unmet medical needs, particularly in the realm of autoimmune disorders. Its flagship candidate, KPL-404, is a monoclonal antibody designed to effectively modulate immune responses, positioning Kiniksa at the forefront of promising therapeutic advancements. The company boasts a strong clinical pipeline supported by strategic partnerships that enhance its research and development capabilities. With a dedication to transforming treatment paradigms and a robust growth trajectory, Kiniksa represents an attractive opportunity for institutional investors seeking impactful investments in the evolving healthcare landscape.

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United Therapeutics Corporation

HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC · USA

United Therapeutics Corporation, a biotechnology company, is dedicated to the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. The company is headquartered in Silver Spring, Maryland.

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