WallStSmart

Alvotech (ALVO)vsUnited Therapeutics Corporation (UTHR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

United Therapeutics Corporation generates 464% more annual revenue ($3.17B vs $562.04M). UTHR leads profitability with a 40.6% profit margin vs -14.4%. UTHR trades at a lower P/E of 20.2x. UTHR earns a higher WallStSmart Score of 57/100 (C).

ALVO

Avoid

21

out of 100

Grade: F

Growth: 4.7Profit: 4.5Value: 6.3Quality: 5.5
Piotroski: 2/9Altman Z: -1.02

UTHR

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 9.0Value: 5.3Quality: 7.8
Piotroski: 5/9Altman Z: 8.56
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ALVOUndervalued (+80.2%)

Margin of Safety

+80.2%

Fair Value

$24.48

Current Price

$3.54

$20.94 discount

UndervaluedFair: $24.48Overvalued
UTHRUndervalued (+2.5%)

Margin of Safety

+2.5%

Fair Value

$487.82

Current Price

$549.87

$62.05 discount

UndervaluedFair: $487.82Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ALVO1 strengths · Avg: 10.0/10
Debt/EquityHealth
-5.1610/10

Conservative balance sheet, low leverage

UTHR4 strengths · Avg: 9.8/10
Profit MarginProfitability
40.6%10/10

Keeps 41 of every $100 in revenue as profit

Operating MarginProfitability
41.7%10/10

Strong operational efficiency at 41.7%

Altman Z-ScoreHealth
8.5610/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
21.8%9/10

Every $100 of equity generates 22 in profit

Areas to Watch

ALVO4 concerns · Avg: 3.3/10
P/E RatioValuation
33.6x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.05B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

UTHR3 concerns · Avg: 2.7/10
PEG RatioValuation
2.244/10

Expensive relative to growth rate

Revenue GrowthGrowth
-1.6%2/10

Revenue declined 1.6%

EPS GrowthGrowth
-12.2%2/10

Earnings declined 12.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : ALVO

The strongest argument for ALVO centers on Debt/Equity.

Bull Case : UTHR

The strongest argument for UTHR centers on Profit Margin, Operating Margin, Altman Z-Score. Profitability is solid with margins at 40.6% and operating margin at 41.7%.

Bear Case : ALVO

The primary concerns for ALVO are P/E Ratio, Market Cap, Return on Equity.

Bear Case : UTHR

The primary concerns for UTHR are PEG Ratio, Revenue Growth, EPS Growth.

Key Dynamics to Monitor

ALVO profiles as a turnaround stock while UTHR is a declining play — different risk/reward profiles.

UTHR carries more volatility with a beta of 0.57 — expect wider price swings.

UTHR is growing revenue faster at -1.6% — sustainability is the question.

UTHR generates stronger free cash flow (363M), providing more financial flexibility.

Bottom Line

UTHR scores higher overall (57/100 vs 21/100), backed by strong 40.6% margins. ALVO offers better value entry with a 80.2% margin of safety. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Alvotech

HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC · USA

Alvotech Holdings SA, develops and manufactures biosimilars for global markets. The company is headquartered in Iceland.

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United Therapeutics Corporation

HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC · USA

United Therapeutics Corporation, a biotechnology company, is dedicated to the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. The company is headquartered in Silver Spring, Maryland.

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