COMP <GO>
RLAY vs TARS // FORWARD P/E MULTIPLE
Relay Therapeutics Inc. (NASDAQ) VS. Tarsus Pharmaceuticals Inc. (NASDAQ) • 15-METRIC TALLY: RLAY 2
— TARS 6
■ METRIC PARITY
LAST: $19.47 (-1.12%) • MKT CAP: $4.27B
forward-pe
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LAST: $74.20 (+2.98%) • MKT CAP: $3.66B
forward-pe
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RLAY VS. TARS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | RLAY | TARS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | -24.10% | -10.90 | TARS | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -5.53% | -0.61% | -4.92 | TARS | /fcf-yield <GO> |
| Operating Margin | -60.00% | -15.70% | -44.30 | TARS | /operating-margins <GO> |
| Net Profit Margin | -60.00% | -14.60% | -45.40 | TARS | /net-margins <GO> |
| Revenue Growth (YoY) | 53.40% | 146.70% | -93.30 | TARS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 10.19 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 5/9 | -1.00 | TARS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 57.2 | 53.4 | +3.80 | RLAY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.27B | $3.66B | $608.4M | RLAY | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | RLAY REV | TARS REV | RLAY GROSS % | TARS GROSS % | RLAY FCF | TARS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $15.4M | $451.4M | — | — | -$235.9M | -$22.3M |
| FY 2024 | $10.0M | $183.0M | — | — | -$251.1M | -$84.6M |
| FY 2023 | $25.5M | $17.4M | — | — | -$300.3M | -$117.5M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
RLAY // BETA —
TARS // BETA —