WallStSmart

Ligand Pharmaceuticals Incorporated (LGND)vsRegeneron Pharmaceuticals Inc (REGN)

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Smart Verdict

WallStSmart Research — data-driven comparison

Regeneron Pharmaceuticals Inc generates 5247% more annual revenue ($15.53B vs $290.54M). LGND leads profitability with a 67.9% profit margin vs 27.9%. REGN appears more attractively valued with a PEG of 1.31. LGND earns a higher WallStSmart Score of 67/100 (B-).

LGND

Strong Buy

67

out of 100

Grade: B-

Growth: 9.3Profit: 7.5Value: 4.7Quality: 7.0
Piotroski: 4/9Altman Z: 2.79

REGN

Strong Buy

66

out of 100

Grade: B-

Growth: 5.3Profit: 8.0Value: 7.3Quality: 8.5
Piotroski: 2/9Altman Z: 4.44
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LGNDOvervalued (-7.0%)

Margin of Safety

-7.0%

Fair Value

$173.85

Current Price

$283.49

$109.64 premium

UndervaluedFair: $173.85Overvalued
REGNUndervalued (+44.7%)

Margin of Safety

+44.7%

Fair Value

$1400.68

Current Price

$784.85

$615.83 discount

UndervaluedFair: $1400.68Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LGND3 strengths · Avg: 10.0/10
Profit MarginProfitability
67.9%10/10

Keeps 68 of every $100 in revenue as profit

Revenue GrowthGrowth
33.7%10/10

Revenue surging 33.7% year-over-year

EPS GrowthGrowth
825.0%10/10

Earnings expanding 825.0% YoY

REGN6 strengths · Avg: 9.3/10
Operating MarginProfitability
33.1%10/10

Strong operational efficiency at 33.1%

Debt/EquityHealth
0.0610/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.4410/10

Safe zone — low bankruptcy risk

Market CapQuality
$80.46B9/10

Large-cap with strong market position

Profit MarginProfitability
27.9%9/10

Keeps 28 of every $100 in revenue as profit

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

LGND3 concerns · Avg: 3.7/10
PEG RatioValuation
1.534/10

Expensive relative to growth rate

P/E RatioValuation
29.8x4/10

Moderate valuation

Debt/EquityHealth
1.173/10

Elevated debt levels

REGN2 concerns · Avg: 2.5/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-4.5%2/10

Earnings declined 4.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : LGND

The strongest argument for LGND centers on Profit Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 67.9% and operating margin at 13.5%. Revenue growth of 33.7% demonstrates continued momentum.

Bull Case : REGN

The strongest argument for REGN centers on Operating Margin, Debt/Equity, Altman Z-Score. Profitability is solid with margins at 27.9% and operating margin at 33.1%. Revenue growth of 16.7% demonstrates continued momentum.

Bear Case : LGND

The primary concerns for LGND are PEG Ratio, P/E Ratio, Debt/Equity.

Bear Case : REGN

The primary concerns for REGN are Piotroski F-Score, EPS Growth.

Key Dynamics to Monitor

LGND carries more volatility with a beta of 0.98 — expect wider price swings.

LGND is growing revenue faster at 33.7% — sustainability is the question.

REGN generates stronger free cash flow (334M), providing more financial flexibility.

Monitor BIOTECHNOLOGY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

LGND scores higher overall (67/100 vs 66/100), backed by strong 67.9% margins and 33.7% revenue growth. REGN offers better value entry with a 44.7% margin of safety. Both earn "Strong Buy" and "Strong 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.

Ligand Pharmaceuticals Incorporated

HEALTHCARE · BIOTECHNOLOGY · USA

Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, focuses on developing or acquiring technologies that help pharmaceutical companies discover and develop drugs globally. The company is headquartered in San Diego, California.

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Regeneron Pharmaceuticals Inc

HEALTHCARE · BIOTECHNOLOGY · USA

Regeneron Pharmaceuticals, Inc. is an American biotechnology company headquartered in Westchester County, New York. Originally focused on neurotrophic factors and their regenerative capabilities, giving rise to its name, the company then branched out into the study of both cytokine and tyrosine kinase receptors.

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