COMP <GO>
BHVN vs ZLAB // EV/EBITDA & P/E VALUATION
Biohaven Ltd. (NYSE) VS. Zai Lab Limited (NASDAQ) • 15-METRIC TALLY: BHVN 1
— ZLAB 3
■ METRIC PARITY
LAST: $16.49 (+6.25%) • MKT CAP: $2.49B
valuation
—
LAST: $22.36 (-2.95%) • MKT CAP: $2.51B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BHVN VS. ZLAB)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BHVN | ZLAB | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 58.30% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | -35.00% | 0.00 | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -24.50% | -6.33% | -18.17 | ZLAB | /fcf-yield <GO> |
| Operating Margin | — | -50.20% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | — | -38.40% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | — | 15.00% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 0.52 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 3/9 | 5/9 | -2.00 | ZLAB | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 61.1 | 40.3 | +20.77 | BHVN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.49B | $2.51B | -$19.6M | ZLAB | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BHVN REV | ZLAB REV | BHVN GROSS % | ZLAB GROSS % | BHVN FCF | ZLAB FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $0 | $457.2M | — | 58.3% | -$610.2M | -$158.9M |
| FY 2024 | $0 | $397.6M | — | 63.0% | -$586.5M | -$220.5M |
| FY 2023 | $0 | $266.7M | — | — | -$331.7M | -$198.2M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BHVN // BETA —
ZLAB // BETA —