BHC vs FENC Stock Comparison

Bausch Health Companies and Fennec Pharmaceuticals Prices as of Oct 26, 2026 Peers: Industry group

Head to Head

8 decided of 12

Bausch Health Companies leads on 4 of the 12 questions below (Bausch Health Companies 4, Fennec Pharmaceuticals 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBHCFENCLeader
Larger companyMarket capitalisation $2.37B $367.56M BHC
Cheaper on earningsLower P/E, profitable companies only -2.2x -55.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 1.3x 35.0x BHC
Faster revenue growthRevenue growth, trailing twelve months +10.1% +61.4% FENC
More profitableNet margin, trailing twelve months -10.1% -12.3% BHC
Better return on capitalReturn on invested capital 4.6% — –
Less leveragedLower net debt / EBITDA 8.9x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +2.6% +12.9% FENC
Better 5-year returnAnnualised price return, 5 years -25.5%/yr +2.3%/yr FENC
Less volatileAnnualised volatility, 1 year 54.8% 64.1% BHC
Higher overall scoreMean of the five percentile scores vs peers 60/100 73/100 FENC

Percentile Scorecard

BHCFENC

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

AxisBHCFENC
Valuation 99 #9 of 626 59 #255 of 626
Growth 44 #341 of 604 93 #43 of 604
Profitability 84 #90 of 555 84 #88 of 555
Financial Health 15 #561 of 658 57 #285 of 658
Shareholder Returns – –
Overall 60 73
  • BHC ranked among 673 companies in Pharmaceuticals and Biotechnology
  • FENC ranked among 673 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodBHCFENCSPY
1 month +11.8%-4.2% -0.8%
3 months +41.6%-0.6% +3.5%
6 months +14.0%+48.2% +7.0%
Year to date -8.5%+31.8% +12.2%
1 year +2.6%+12.9% +13.0%
3 years -3.2%+48.4% +86.3%
3 years, per year -1.1%+14.1% +23.1%
5 years -77.1%+12.2% +68.6%
5 years, per year -25.5%+2.3% +11.0%
10 years -70.9%+415.2% +258.0%
10 years, per year -11.6%+17.8% +13.6%

Risk

MeasureBHCFENCSPY
Volatility, 1Y 54.8%64.1% 12.7%
Downside volatility, 1Y 48.0%59.6% 12.7%
Beta vs S&P 500, 1Y 0.881.32 1.00
Return / volatility, 1Y 0.050.20 1.02
Max drawdown, 5Y -84.9%-65.6% -25.4%
From 52-week high -19.5%-20.6% -1.8%
52-week high $7.90$12.78 $779.14
52-week low $4.43$5.77 $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.

MultipleBHCFENC
P/E now vs peer median -2.2xmedian 17.1x -53.1xmedian 17.1x
P/S now vs peer median 0.2xmedian 8.8x 6.6xmedian 8.8x
EV/EBITDA now vs peer median 10.0xmedian 17.1x —median 17.1x
P/FCF now vs peer median 1.7xmedian 18.0x —median 18.0x
P/B now vs peer median -1.3xmedian 2.1x 8.4xmedian 2.1x
PEG now vs peer median 0.03median 0.31 -1.25median 0.31

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 monthsBHCFENC
Revenue $10.85B $53.77M
Gross profit $7.80B $49.65M
Operating income $883.00M -$3.74M
Net income -$1.10B -$6.60M
Free cash flow $1.43B –
R&D $663.00M $274.00K
EPS (diluted) $-2.90 $-0.18
Cash & equivalents $1.83B $41.25M
Total debt $20.74B –
Shares (diluted) 378.10M 36.43M
Enterprise value -$3.37B $248.87M

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
MetricBHCFENC
P/E -2.2x -53.1x
P/FCF 1.7x –
P/Operating cash flow 1.3x –
P/S 0.2x 6.6x
P/B -1.3x 8.4x
P/Tangible book -0.4x 8.4x
EV/EBITDA 10.0x –
EV/EBIT 24.1x -84.1x
EV/Revenue 2.0x 5.8x
EV/FCF 14.9x –
EV/Operating cash flow 11.8x –
PEG (3Y EPS CAGR) 0.03 -1.25

Growth

14 metrics
MetricBHCFENC
Revenue growth (1Y) 10.1% 61.4%
Revenue CAGR (3Y) 9.1% 118.1%
Gross profit growth (1Y) 11.8% 65.9%
Gross profit CAGR (3Y) 9.8% –
Operating income growth (1Y) -44.7% 61.4%
Operating income CAGR (3Y) 14.1% 46.2%
Net income growth (1Y) -1,721% 45.1%
Net income CAGR (3Y) -76.0% 37.0%
EPS growth (1Y) -1,206% 58.3%
EPS CAGR (3Y) -79.0% 42.6%
Operating cash flow growth (1Y) 19.5% –
Operating cash flow CAGR (3Y) 83.8% –
Free cash flow growth (1Y) 28.3% –
Free cash flow CAGR (3Y) 62.6% –

Profitability

14 metrics
MetricBHCFENC
Gross margin 71.8% 92.4%
EBITDA margin 19.6% –
Operating margin 8.1% -7.0%
Pretax margin -6.7% -8.2%
Net margin -10.1% -12.3%
FCF margin 13.2% –
Operating cash flow margin 16.6% –
Return on equity – -11.4%
Return on assets -4.4% -6.1%
Return on invested capital 4.6% –
Return on capital employed 4.4% -6.2%
Asset turnover 0.4x 0.7x
Cash conversion (OCF / net income) -1.6x –
Stock comp / revenue 2.1% 14.8%

Financial Health

11 metrics
MetricBHCFENC
Debt / assets 83.7% –
Debt / equity -11.7x –
Net debt / EBITDA 8.9x –
Debt / FCF 14.5x –
Liabilities / assets 107.1% 44.0%
Equity / assets -7.1% 56.0%
Interest coverage 0.5x -2.5x
Current ratio 1.4x 5.8x
Quick ratio 0.9x 5.2x
Cash ratio 0.4x 3.3x
Altman Z-score 0.09 3.70

Shareholder Returns

7 metrics
MetricBHCFENC
Dividend yield – –
Net buyback yield – –
Shareholder yield 0.0% –
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.

ConsensusBHCFENC
Forward P/E 1.3xFY2026 35.0xFY2026
EPS, next fiscal year $4.86FY2026 $0.29FY2026
EPS growth, next FY +26.9%FY2026 –
EPS growth, the year after -13.4% +241.4%
Revenue, next fiscal year $11.45BFY2026 $75.58MFY2026
Revenue growth, next FY +11.9%FY2026 +69.3%FY2026
Revenue growth, the year after -0.5% +28.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBHCFENC
Held by institutions 63.3% 46.6%
Institutions holding 221 107
Change in shares held, QoQ +1.9% +0.7%
Institutions buying 99 71
Institutions selling 63 19
Buyers to sellers 1.57 3.74

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.

BHCFENC
BHC 1.00 0.08
FENC 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BHC and FENC?

Bausch Health Companies (BHC) is the largest by market capitalisation: Bausch Health Companies (BHC) $2.37B, Fennec Pharmaceuticals (FENC) $367.56M.

Which company is growing faster?

Fennec Pharmaceuticals (FENC) grew revenue fastest over the trailing twelve months: Bausch Health Companies (BHC) +10.1%, Fennec Pharmaceuticals (FENC) +61.4%.

Which company is more profitable?

Bausch Health Companies (BHC) has the highest net margin (Bausch Health Companies (BHC) -10.1%, Fennec Pharmaceuticals (FENC) -12.3%).

Which stock has performed better?

Over the past year Fennec Pharmaceuticals (FENC) returned the most: Bausch Health Companies (BHC) +2.6%, Fennec Pharmaceuticals (FENC) +12.9%. Over five years, Fennec Pharmaceuticals (FENC) compounded fastest (Bausch Health Companies (BHC) -25.5%/yr, Fennec Pharmaceuticals (FENC) +2.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Bausch Health Companies (BHC) has been the steadiest (Bausch Health Companies (BHC) 54.8%, Fennec Pharmaceuticals (FENC) 64.1%). Volatility measures how widely the price swings, not the risk of the business.

Do BHC and FENC move together?

Their daily returns over the past year have a correlation of 0.08, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, BHC and FENC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bausch Health Companies (BHC) leads on 4. 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.