WallStSmart

Ligand Pharmaceuticals Incorporated (LGND)vsRegeneron Pharmaceuticals Inc (REGN)

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Smart Verdict

WallStSmart Research — data-driven comparison

Regeneron Pharmaceuticals Inc generates 5336% more annual revenue ($14.92B vs $274.48M). LGND leads profitability with a 55.9% profit margin vs 29.6%. REGN appears more attractively valued with a PEG of 1.07. LGND earns a higher WallStSmart Score of 67/100 (B-).

LGND

Strong Buy

67

out of 100

Grade: B-

Growth: 8.0Profit: 8.5Value: 3.3Quality: 8.0
Piotroski: 4/9Altman Z: 2.79

REGN

Buy

64

out of 100

Grade: C+

Growth: 5.3Profit: 7.5Value: 8.0Quality: 8.5
Piotroski: 2/9Altman Z: 4.44
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LGNDSignificantly Overvalued (-15.9%)

Margin of Safety

-15.9%

Fair Value

$160.49

Current Price

$237.00

$76.51 premium

UndervaluedFair: $160.49Overvalued
REGNUndervalued (+54.7%)

Margin of Safety

+54.7%

Fair Value

$1346.63

Current Price

$635.45

$711.18 discount

UndervaluedFair: $1346.63Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LGND3 strengths · Avg: 10.0/10
Profit MarginProfitability
55.9%10/10

Keeps 56 of every $100 in revenue as profit

Operating MarginProfitability
33.6%10/10

Strong operational efficiency at 33.6%

EPS GrowthGrowth
103.2%10/10

Earnings expanding 103.2% YoY

REGN6 strengths · Avg: 9.0/10
Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.4410/10

Safe zone — low bankruptcy risk

Market CapQuality
$64.47B9/10

Large-cap with strong market position

Profit MarginProfitability
29.6%9/10

Keeps 30 of every $100 in revenue as profit

P/E RatioValuation
15.0x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Areas to Watch

LGND2 concerns · Avg: 4.0/10
PEG RatioValuation
1.534/10

Expensive relative to growth rate

P/E RatioValuation
33.3x4/10

Premium valuation, high expectations priced in

REGN2 concerns · Avg: 2.5/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

EPS GrowthGrowth
-7.2%2/10

Earnings declined 7.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : LGND

The strongest argument for LGND centers on Profit Margin, Operating Margin, EPS Growth. Profitability is solid with margins at 55.9% and operating margin at 33.6%. Revenue growth of 14.1% demonstrates continued momentum.

Bull Case : REGN

The strongest argument for REGN centers on Debt/Equity, Altman Z-Score, Market Cap. Profitability is solid with margins at 29.6% and operating margin at 20.7%. Revenue growth of 19.0% demonstrates continued momentum.

Bear Case : LGND

The primary concerns for LGND are PEG Ratio, P/E Ratio.

Bear Case : REGN

The primary concerns for REGN are Piotroski F-Score, EPS Growth.

Key Dynamics to Monitor

LGND profiles as a mature stock while REGN is a growth play — different risk/reward profiles.

LGND carries more volatility with a beta of 1.04 — expect wider price swings.

REGN is growing revenue faster at 19.0% — sustainability is the question.

REGN generates stronger free cash flow (848M), providing more financial flexibility.

Bottom Line

LGND scores higher overall (67/100 vs 64/100), backed by strong 55.9% margins and 14.1% revenue growth. REGN offers better value entry with a 54.7% margin of safety. Both earn "Strong 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.

Ligand Pharmaceuticals Incorporated

HEALTHCARE · BIOTECHNOLOGY · USA

Ligand Pharmaceuticals Incorporated, a biopharmaceutical company, focuses on developing or acquiring technologies that help pharmaceutical companies discover and develop drugs globally. The company is headquartered in San Diego, California.

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Regeneron Pharmaceuticals Inc

HEALTHCARE · BIOTECHNOLOGY · USA

Regeneron Pharmaceuticals, Inc. is an American biotechnology company headquartered in Westchester County, New York. Originally focused on neurotrophic factors and their regenerative capabilities, giving rise to its name, the company then branched out into the study of both cytokine and tyrosine kinase receptors.

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