ARGX vs GRFS vs QGEN Stock Comparison

Argenx Se, Grifols and Qiagen Prices as of Oct 28, 2026 Peers: Industry group
ARGX Argenx Se
$891.76 -8.3% 1M +6.6% 1Y
Market cap
$55.19B
P/E
29.1x
Revenue (TTM)
$5.82B
Div. yield
–
Biotechnology Healthcare
6 wins
GRFS Grifols SA
$8.12 +9.6% 1M -13.2% 1Y
Market cap
$5.53B
P/E
12.2x
Revenue (TTM)
—
Div. yield
1.35%
Biotechnology Healthcare
3 wins
QGEN Qiagen N.V.
$50.33 +11.8% 1M -0.3% 1Y
Market cap
$10.92B
P/E
26.7x
Revenue (TTM)
$2.10B
Div. yield
5.25%
Life Sciences Tools Healthcare
1 win

Head to Head

10 decided of 12

Argenx Se leads on 6 of the 12 questions below (Argenx Se 6, Grifols 3, Qiagen 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionARGXGRFSQGENLeader
Larger companyMarket capitalisation $55.19B $5.53B $10.92B ARGX
Cheaper on earningsLower P/E, profitable companies only 29.1x 12.2x 26.7x GRFS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.1x 8.6x 21.4x GRFS
Faster revenue growthRevenue growth, trailing twelve months +61.5% — +3.0% ARGX
More profitableNet margin, trailing twelve months 32.3% — 19.5% ARGX
Better return on capitalReturn on invested capital — — 7.9% –
Less leveragedLower net debt / EBITDA — — 1.3x –
Higher dividend yieldTrailing dividend yield — 1.35% 5.25% QGEN
Better 1-year returnPrice return, last 12 months +6.6% -13.2% -0.3% ARGX
Better 5-year returnAnnualised price return, 5 years +24.2%/yr -9.1%/yr -4.2%/yr ARGX
Less volatileAnnualised volatility, 1 year 36.9% 32.4% 35.7% GRFS
Higher overall scoreMean of the five percentile scores vs peers 92/100 56/100 71/100 ARGX

Percentile Scorecard

ARGXGRFSQGEN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisARGXGRFSQGEN
Valuation 84 #101 of 625 99 #6 of 625 76 #55 of 227
Growth 94 #35 of 602 – 30 #153 of 219
Profitability 98 #11 of 549 – 93 #16 of 205
Financial Health – 14 #564 of 654 63 #88 of 237
Shareholder Returns – 56 #162 of 367 94 #9 of 135
Overall 92 56 71
  • ARGX ranked among 672 companies in Pharmaceuticals and Biotechnology
  • GRFS ranked among 672 companies in Pharmaceuticals and Biotechnology
  • QGEN ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodARGXGRFSQGENSPY
1 month -8.3%+9.6%+11.8% +0.9%
3 months +1.0%-0.4%+20.3% +5.9%
6 months +14.9%+2.7%+49.7% +8.5%
Year to date +6.0%-13.2%+6.3% +13.3%
1 year +6.6%-13.2%-0.3% +12.4%
3 years +93.9%+3.6%+24.9% +88.1%
3 years, per year +24.7%+1.2%+7.7% +23.5%
5 years +195.3%-38.1%-19.1% +68.2%
5 years, per year +24.2%-9.1%-4.2% +11.0%
10 years —-44.0%+75.6% +263.4%
10 years, per year —-5.6%+5.8% +13.8%

Risk

MeasureARGXGRFSQGENSPY
Volatility, 1Y 36.9%32.4%35.7% 12.7%
Downside volatility, 1Y 34.6%34.2%30.5% 12.7%
Beta vs S&P 500, 1Y 0.390.950.47 1.00
Return / volatility, 1Y 0.18-0.41-0.01 0.98
Max drawdown, 5Y -38.2%-58.8%-48.2% -25.4%
From 52-week high -15.8%-16.5%-9.6% -0.9%
52-week high $1,058.90$9.72$55.66 $779.14
52-week low $663.93$7.02$32.63 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleARGXGRFSQGEN
P/E now vs peer median 29.1xmedian 17.4x 12.2xmedian 17.4x 26.7xmedian 28.8x
P/S now vs peer median 9.5xmedian 9.1x 0.7xmedian 9.1x 5.2xmedian 3.0x
EV/EBITDA now vs peer median —median 17.1x —median 17.1x 18.1xmedian 17.4x
P/FCF now vs peer median —median 19.0x 7.8xmedian 19.0x 11.0xmedian 25.7x
P/B now vs peer median —median 2.2x 0.6xmedian 2.2x 3.3xmedian 2.4x
PEG now vs peer median 0.28median 0.34 —median 0.34 3.61median 1.03

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsARGXGRFSQGEN
Revenue $5.82B – $2.10B
Gross profit $5.24B – $1.31B
Operating income $1.74B – $445.43M
Net income $1.88B – $409.32M
Free cash flow – – $991.33M
R&D $1.80B – $194.67M
EPS (diluted) $28.43 – $1.87
Cash & equivalents – $969.15M $768.50M
Total debt – $44.00B $6.86B
Shares (diluted) 66.03M 681.57M 218.88M
Enterprise value $55.19B $4.61B $6.69B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricARGXGRFSQGEN
P/E 29.1x 12.2x 26.7x
P/FCF – 7.8x 11.0x
P/Operating cash flow – – 16.7x
P/S 9.5x 0.7x 5.2x
P/B – 0.6x 3.3x
P/Tangible book – 1.0x 3.6x
EV/EBITDA – – 18.1x
EV/EBIT 31.7x – 26.4x
EV/Revenue 9.5x – 5.6x
EV/FCF – – 11.9x
EV/Operating cash flow – – 18.0x
PEG (3Y EPS CAGR) 0.28 – 3.61

Growth

14 metrics
MetricARGXGRFSQGEN
Revenue growth (1Y) 61.5% – 3.0%
Revenue CAGR (3Y) 80.5% – 2.0%
Gross profit growth (1Y) 62.2% – 1.7%
Gross profit CAGR (3Y) 80.0% – 1.3%
Operating income growth (1Y) 120.6% – -4.9%
Operating income CAGR (3Y) 85.1% – 3.3%
Net income growth (1Y) 22.5% – 143.9%
Net income CAGR (3Y) 115.5% – 6.7%
EPS growth (1Y) 20.9% – 12.5%
EPS CAGR (3Y) 104.8% – 7.4%
Operating cash flow growth (1Y) – – -3.0%
Operating cash flow CAGR (3Y) – – 8.0%
Free cash flow growth (1Y) – – 2.3%
Free cash flow CAGR (3Y) – – 10.5%

Profitability

14 metrics
MetricARGXGRFSQGEN
Gross margin 90.0% – 62.2%
EBITDA margin – – 31.0%
Operating margin 29.9% – 21.2%
Pretax margin 32.6% – 22.0%
Net margin 32.3% – 19.5%
FCF margin – – 47.2%
Operating cash flow margin – – 31.2%
Return on equity – – 12.2%
Return on assets – – 7.0%
Return on invested capital – – 7.9%
Return on capital employed – – 8.5%
Asset turnover – – 0.4x
Cash conversion (OCF / net income) – – 1.6x
Stock comp / revenue – – 2.1%

Financial Health

11 metrics
MetricARGXGRFSQGEN
Debt / assets – 48.9% 27.9%
Debt / equity – 1.3x 0.5x
Net debt / EBITDA – – 1.3x
Debt / FCF – – 1.7x
Liabilities / assets – 61.4% 43.0%
Equity / assets – 38.6% 57.0%
Interest coverage 10,120x – 11.3x
Current ratio – 2.5x 2.8x
Quick ratio – 0.8x 2.0x
Cash ratio – 0.4x 1.4x
Altman Z-score – – 4.08

Shareholder Returns

7 metrics
MetricARGXGRFSQGEN
Dividend yield – 1.4% 5.2%
Net buyback yield – – 0.6%
Shareholder yield – 1.4% 5.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusARGXGRFSQGEN
Forward P/E 29.1xFY2026 8.6xFY2026 21.4xFY2026
EPS, next fiscal year $30.63FY2026 $0.94FY2026 $2.35FY2026
EPS growth, next FY +56.5%FY2026 +10.6%FY2026 -1.3%FY2026
EPS growth, the year after +26.9% +26.6% +17.4%
Revenue, next fiscal year $6.08BFY2026 $8.88BFY2026 $2.25BFY2026
Revenue growth, next FY +43.1%FY2026 +0.0%FY2026 +7.8%FY2026
Revenue growth, the year after +22.9% +10.3% -2.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARGXGRFSQGEN
Held by institutions 46.1% 21.0% 0.0%
Institutions holding 504 166 1
Change in shares held, QoQ -2.0% -0.5% –
Institutions buying 264 73 0
Institutions selling 160 65 0
Buyers to sellers 1.65 1.12 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ARGXGRFSQGEN
ARGX 1.00 0.15 0.16
GRFS 0.15 1.00 0.18
QGEN 0.16 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARGX, GRFS and QGEN?

Argenx Se (ARGX) is the largest by market capitalisation: Argenx Se (ARGX) $55.19B, Grifols (GRFS) $5.53B, Qiagen (QGEN) $10.92B.

Which stock is cheaper, ARGX, GRFS and QGEN?

Grifols (GRFS) trades on the lowest price-to-earnings ratio (Argenx Se (ARGX) 29.1x, Grifols (GRFS) 12.2x, Qiagen (QGEN) 26.7x). On next year's consensus earnings, Grifols (GRFS) is cheapest (Argenx Se (ARGX) 29.1x, Grifols (GRFS) 8.6x, Qiagen (QGEN) 21.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Argenx Se (ARGX) grew revenue fastest over the trailing twelve months: Argenx Se (ARGX) +61.5%, Qiagen (QGEN) +3.0%.

Which company is more profitable?

Argenx Se (ARGX) has the highest net margin (Argenx Se (ARGX) 32.3%, Qiagen (QGEN) 19.5%).

Which stock has performed better?

Over the past year Argenx Se (ARGX) returned the most: Argenx Se (ARGX) +6.6%, Grifols (GRFS) -13.2%, Qiagen (QGEN) -0.3%. Over five years, Argenx Se (ARGX) compounded fastest (Argenx Se (ARGX) +24.2%/yr, Grifols (GRFS) -9.1%/yr, Qiagen (QGEN) -4.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Qiagen (QGEN) has the highest dividend yield: Grifols (GRFS) 1.35%, Qiagen (QGEN) 5.25%. Argenx Se (ARGX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Grifols (GRFS) has been the steadiest (Argenx Se (ARGX) 36.9%, Grifols (GRFS) 32.4%, Qiagen (QGEN) 35.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARGX, GRFS and QGEN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Argenx Se (ARGX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.