WallStSmart

Merck & Company Inc (MRK)vsXOMA Royalty Corporation (XOMA)

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Smart Verdict

WallStSmart Research — data-driven comparison

Merck & Company Inc generates 135351% more annual revenue ($65.77B vs $48.55M). XOMA leads profitability with a 69.6% profit margin vs 13.6%. XOMA trades at a lower P/E of 26.6x. MRK earns a higher WallStSmart Score of 50/100 (D+).

MRK

Hold

50

out of 100

Grade: D+

Growth: 3.3Profit: 8.0Value: 2.7Quality: 5.0
Piotroski: 3/9Altman Z: 2.30

XOMA

Hold

49

out of 100

Grade: D+

Growth: 7.3Profit: 6.5Value: 4.3Quality: 5.5
Piotroski: 4/9Altman Z: -4.80
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MRKSignificantly Overvalued (-49.3%)

Margin of Safety

-49.3%

Fair Value

$80.88

Current Price

$120.79

$39.91 premium

UndervaluedFair: $80.88Overvalued
XOMASignificantly Overvalued (-20.6%)

Margin of Safety

-20.6%

Fair Value

$19.29

Current Price

$42.09

$22.80 premium

UndervaluedFair: $19.29Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MRK3 strengths · Avg: 9.3/10
Market CapQuality
$285.64B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
38.6%10/10

Strong operational efficiency at 38.6%

Free Cash FlowQuality
$2.93B8/10

Generating 2.9B in free cash flow

XOMA3 strengths · Avg: 9.7/10
Profit MarginProfitability
69.6%10/10

Keeps 70 of every $100 in revenue as profit

EPS GrowthGrowth
207.9%10/10

Earnings expanding 207.9% YoY

Return on EquityProfitability
27.9%9/10

Every $100 of equity generates 28 in profit

Areas to Watch

MRK4 concerns · Avg: 3.5/10
P/E RatioValuation
32.6x4/10

Premium valuation, high expectations priced in

Revenue GrowthGrowth
4.9%4/10

4.9% revenue growth

Debt/EquityHealth
1.073/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

XOMA4 concerns · Avg: 3.0/10
P/E RatioValuation
26.6x4/10

Moderate valuation

Market CapQuality
$522.84M3/10

Smaller company, higher risk/reward

Debt/EquityHealth
1.103/10

Elevated debt levels

Revenue GrowthGrowth
-22.6%2/10

Revenue declined 22.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : MRK

The strongest argument for MRK centers on Market Cap, Operating Margin, Free Cash Flow.

Bull Case : XOMA

The strongest argument for XOMA centers on Profit Margin, EPS Growth, Return on Equity. Profitability is solid with margins at 69.6% and operating margin at -3.9%.

Bear Case : MRK

The primary concerns for MRK are P/E Ratio, Revenue Growth, Debt/Equity.

Bear Case : XOMA

The primary concerns for XOMA are P/E Ratio, Market Cap, Debt/Equity.

Key Dynamics to Monitor

MRK profiles as a value stock while XOMA is a declining play — different risk/reward profiles.

XOMA carries more volatility with a beta of 0.90 — expect wider price swings.

MRK is growing revenue faster at 4.9% — sustainability is the question.

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

Bottom Line

MRK scores higher overall (50/100 vs 49/100). Both earn "Hold" 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.

Merck & Company Inc

HEALTHCARE · DRUG MANUFACTURERS - GENERAL · USA

Merck & Co. is an American multinational pharmaceutical company headquartered in Kenilworth, New Jersey. It is named after the Merck family, which set up Merck Group in Germany in 1668.

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XOMA Royalty Corporation

HEALTHCARE · BIOTECHNOLOGY · USA

XOMA Corporation, a biotech royalty aggregator, discovers and develops therapeutic candidates in the United States, Europe, and Asia Pacific. The company is headquartered in Emeryville, California.

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