COMP <GO>
ETON vs INVA // EV/EBITDA & P/E VALUATION
Eton Pharmaceuticals Inc. (NASDAQ) VS. Innoviva Inc. (NASDAQ) • 15-METRIC TALLY: ETON 2
— INVA 6
■ METRIC PARITY
LAST: $53.67 (+3.61%) • MKT CAP: $1.53B
valuation
—
LAST: $21.31 (+0.90%) • MKT CAP: $1.54B
valuation
7.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ETON VS. INVA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ETON | INVA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 53.50% | 74.80% | -21.30 | INVA | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -0.90% | 14.70% | -15.60 | INVA | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 7.6x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.66% | 12.72% | -12.06 | INVA | /fcf-yield <GO> |
| Operating Margin | -1.10% | 39.80% | -40.90 | INVA | /operating-margins <GO> |
| Net Profit Margin | -5.80% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 104.90% | 14.70% | +90.20 | ETON | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 13.37 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 6/9 | +1.00 | ETON | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 47.9 | 53.4 | -5.51 | INVA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.53B | $1.54B | -$5.5M | INVA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ETON REV | INVA REV | ETON GROSS % | INVA GROSS % | ETON FCF | INVA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $80.0M | $411.3M | 53.5% | 74.8% | $10.2M | $195.8M |
| FY 2024 | $39.0M | $358.7M | 60.0% | 82.6% | $943.0K | $188.4M |
| FY 2023 | $31.6M | $310.5M | — | — | $6.8M | $141.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ETON // BETA —
INVA // BETA —