WallStSmart

CureVac NV (CVAC)vsModerna Inc (MRNA)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Moderna Inc generates 3050% more annual revenue ($2.23B vs $70.74M). CVAC leads profitability with a 182.1% profit margin vs -141.4%. CVAC earns a higher WallStSmart Score of 56/100 (C).

CVAC

Buy

56

out of 100

Grade: C

Growth: 6.7Profit: 9.5Value: 8.3Quality: 7.8
Piotroski: 5/9Altman Z: 3.62

MRNA

Avoid

21

out of 100

Grade: F

Growth: 2.7Profit: 2.0Value: 6.7Quality: 7.5
Piotroski: 3/9Altman Z: 2.09
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CVACUndervalued (+62.5%)

Margin of Safety

+62.5%

Fair Value

$12.42

Current Price

$4.66

$7.76 discount

UndervaluedFair: $12.42Overvalued
MRNAUndervalued (+70.0%)

Margin of Safety

+70.0%

Fair Value

$134.97

Current Price

$143.97

$9.00 discount

UndervaluedFair: $134.97Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CVAC6 strengths · Avg: 9.8/10
P/E RatioValuation
7.0x10/10

Attractively priced relative to earnings

Price/BookValuation
0.8x10/10

Reasonable price relative to book value

Profit MarginProfitability
182.1%10/10

Keeps 182 of every $100 in revenue as profit

Operating MarginProfitability
573.0%10/10

Strong operational efficiency at 573.0%

Altman Z-ScoreHealth
3.6210/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
22.2%9/10

Every $100 of equity generates 22 in profit

MRNA2 strengths · Avg: 9.0/10
Market CapQuality
$56.02B9/10

Large-cap with strong market position

Debt/EquityHealth
0.199/10

Conservative balance sheet, low leverage

Areas to Watch

CVAC2 concerns · Avg: 2.5/10
Market CapQuality
$1.05B3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-89.0%2/10

Revenue declined 89.0%

MRNA4 concerns · Avg: 3.3/10
Price/BookValuation
8.5x4/10

Trading at 8.5x book value

Revenue GrowthGrowth
2.1%4/10

2.1% revenue growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-46.6%2/10

ROE of -46.6% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : CVAC

The strongest argument for CVAC centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 182.1% and operating margin at 573.0%.

Bull Case : MRNA

The strongest argument for MRNA centers on Market Cap, Debt/Equity.

Bear Case : CVAC

The primary concerns for CVAC are Market Cap, Revenue Growth.

Bear Case : MRNA

The primary concerns for MRNA are Price/Book, Revenue Growth, Piotroski F-Score.

Key Dynamics to Monitor

CVAC profiles as a declining stock while MRNA is a turnaround play — different risk/reward profiles.

CVAC carries more volatility with a beta of 1.84 — expect wider price swings.

MRNA is growing revenue faster at 2.1% — sustainability is the question.

CVAC generates stronger free cash flow (30M), providing more financial flexibility.

Bottom Line

CVAC scores higher overall (56/100 vs 21/100), backed by strong 182.1% margins. MRNA offers better value entry with a 70.0% 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.

CureVac NV

HEALTHCARE · BIOTECHNOLOGY · USA

CureVac NV, a clinical-stage biopharmaceutical company, is focused on developing various transformative drugs based on messenger ribonucleic acid (mRNA). The company is headquartered in Tbingen, Germany.

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Moderna Inc

HEALTHCARE · BIOTECHNOLOGY · USA

Moderna, Inc., a biotechnology company, develops messenger RNA-based vaccines and therapies for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and autoimmune diseases. The company is headquartered in Cambridge, Massachusetts.

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