WallStSmart

argenx NV ADR (ARGX)vsInnoviva Inc (INVA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

argenx NV ADR generates 990% more annual revenue ($4.24B vs $388.52M). INVA leads profitability with a 32.8% profit margin vs 30.5%. INVA appears more attractively valued with a PEG of 0.33. INVA earns a higher WallStSmart Score of 81/100 (A-).

ARGX

Buy

63

out of 100

Grade: C+

Growth: 7.3Profit: 9.0Value: 7.3Quality: 6.0
Piotroski: 3/9

INVA

Exceptional Buy

81

out of 100

Grade: A-

Growth: 8.0Profit: 9.0Value: 10.0Quality: 7.3
Piotroski: 5/9Altman Z: 2.17
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ARGXSignificantly Overvalued (-526.8%)

Margin of Safety

-526.8%

Fair Value

$133.14

Current Price

$697.05

$563.91 premium

UndervaluedFair: $133.14Overvalued
INVAUndervalued (+71.1%)

Margin of Safety

+71.1%

Fair Value

$77.69

Current Price

$22.59

$55.10 discount

UndervaluedFair: $77.69Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARGX5 strengths · Avg: 9.0/10
Profit MarginProfitability
30.5%10/10

Keeps 31 of every $100 in revenue as profit

Revenue GrowthGrowth
73.0%10/10

Revenue surging 73.0% year-over-year

Return on EquityProfitability
20.2%9/10

Every $100 of equity generates 20 in profit

PEG RatioValuation
0.838/10

Growing faster than its price suggests

Operating MarginProfitability
27.4%8/10

Strong operational efficiency at 27.4%

INVA6 strengths · Avg: 9.3/10
PEG RatioValuation
0.3310/10

Growing faster than its price suggests

Profit MarginProfitability
32.8%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
32.1%10/10

Strong operational efficiency at 32.1%

EPS GrowthGrowth
5479.0%10/10

Earnings expanding 5479.0% YoY

P/E RatioValuation
13.4x8/10

Attractively priced relative to earnings

Price/BookValuation
1.7x8/10

Reasonable price relative to book value

Areas to Watch

ARGX3 concerns · Avg: 3.0/10
P/E RatioValuation
34.6x4/10

Premium valuation, high expectations priced in

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-31.9%2/10

Earnings declined 31.9%

INVA1 concerns · Avg: 3.0/10
Market CapQuality
$1.66B3/10

Smaller company, higher risk/reward

Comparative Analysis Report

WallStSmart Research

Bull Case : ARGX

The strongest argument for ARGX centers on Profit Margin, Revenue Growth, Return on Equity. Profitability is solid with margins at 30.5% and operating margin at 27.4%. Revenue growth of 73.0% demonstrates continued momentum.

Bull Case : INVA

The strongest argument for INVA centers on PEG Ratio, Profit Margin, Operating Margin. Profitability is solid with margins at 32.8% and operating margin at 32.1%. Revenue growth of 20.4% demonstrates continued momentum.

Bear Case : ARGX

The primary concerns for ARGX are P/E Ratio, Piotroski F-Score, EPS Growth.

Bear Case : INVA

The primary concerns for INVA are Market Cap.

Key Dynamics to Monitor

INVA carries more volatility with a beta of 0.49 — expect wider price swings.

ARGX is growing revenue faster at 73.0% — sustainability is the question.

ARGX generates stronger free cash flow (407M), providing more financial flexibility.

Monitor BIOTECHNOLOGY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

INVA scores higher overall (81/100 vs 63/100), backed by strong 32.8% margins and 20.4% revenue growth. Both earn "Exceptional Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

argenx NV ADR

HEALTHCARE · BIOTECHNOLOGY · USA

argenx SE, a clinical-phase biotechnology company, focuses on the development of antibody-based therapies for the treatment of autoimmune diseases, hematology and cancer. The company is headquartered in Breda, the Netherlands.

Innoviva Inc

HEALTHCARE · BIOTECHNOLOGY · USA

Innoviva, Inc. is dedicated to the development and commercialization of pharmaceutical products. The company is headquartered in Burlingame, California.

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