KMDA vs ARGX vs VRTX Stock Comparison

Kamada, Argenx Se and Vertex Pharmaceuticals Prices as of Oct 26, 2026 Peers: Industry group
KMDA Kamada Ltd
$7.94 -8.9% 1M +15.6% 1Y
Market cap
$464.05M
P/E
21.0x
Revenue (TTM)
$191.85M
Div. yield
0.06%
Biotechnology Healthcare
2 wins
ARGX Argenx Se
$869.33 -9.4% 1M +6.4% 1Y
Market cap
$53.74B
P/E
28.6x
Revenue (TTM)
$5.82B
Div. yield
–
Biotechnology Healthcare
3 wins

Head to Head

9 decided of 12

Vertex Pharmaceuticals leads on 4 of the 12 questions below (Vertex Pharmaceuticals 4, Argenx Se 3, Kamada 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKMDAARGXVRTXLeader
Larger companyMarket capitalisation $464.05M $53.74B $131.37B VRTX
Cheaper on earningsLower P/E, profitable companies only 21.0x 28.6x 29.8x KMDA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.9x 28.4x 28.4x KMDA
Faster revenue growthRevenue growth, trailing twelve months +13.2% +61.5% +10.2% ARGX
More profitableNet margin, trailing twelve months 11.5% 32.3% 35.0% VRTX
Better return on capitalReturn on invested capital 10.2% — — –
Less leveragedLower net debt / EBITDA -1.5x — — –
Higher dividend yieldTrailing dividend yield 0.06% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +15.6% +6.4% +22.8% VRTX
Better 5-year returnAnnualised price return, 5 years +6.9%/yr +25.5%/yr +23.4%/yr ARGX
Less volatileAnnualised volatility, 1 year 34.8% 37.0% 29.0% VRTX
Higher overall scoreMean of the five percentile scores vs peers 84/100 92/100 76/100 ARGX

Percentile Scorecard

KMDAARGXVRTX

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

AxisKMDAARGXVRTX
Valuation 97 #21 of 626 83 #108 of 626 80 #124 of 626
Growth 71 #179 of 604 95 #34 of 604 60 #245 of 604
Profitability 87 #73 of 555 98 #11 of 555 95 #31 of 555
Financial Health 75 #167 of 658 – 53 #308 of 658
Shareholder Returns 90 #37 of 368 – 93 #27 of 368
Overall 84 92 76
  • KMDA ranked among 673 companies in Pharmaceuticals and Biotechnology
  • ARGX ranked among 673 companies in Pharmaceuticals and Biotechnology
  • VRTX 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

PeriodKMDAARGXVRTXSPY
1 month -8.9%-9.4%-1.7% -0.8%
3 months +13.6%-2.2%+8.0% +3.5%
6 months -3.2%+10.9%+21.5% +7.0%
Year to date +12.5%+3.4%+14.1% +12.2%
1 year +15.6%+6.4%+22.8% +13.0%
3 years +91.8%+89.0%+45.7% +86.3%
3 years, per year +24.3%+23.7%+13.4% +23.1%
5 years +39.8%+210.9%+186.0% +68.6%
5 years, per year +6.9%+25.5%+23.4% +11.0%
10 years +32.3%—+557.5% +258.0%
10 years, per year +2.8%—+20.7% +13.6%

Risk

MeasureKMDAARGXVRTXSPY
Volatility, 1Y 34.8%37.0%29.0% 12.7%
Downside volatility, 1Y 33.2%34.6%25.8% 12.7%
Beta vs S&P 500, 1Y 1.010.390.49 1.00
Return / volatility, 1Y 0.450.170.79 1.02
Max drawdown, 5Y -44.4%-38.2%-29.1% -25.4%
From 52-week high -14.7%-17.9%-7.3% -1.8%
52-week high $9.31$1,058.90$557.96 $779.14
52-week low $6.62$663.93$409.47 $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.

MultipleKMDAARGXVRTX
P/E now vs peer median 20.7xmedian 17.1x 28.4xmedian 17.1x 29.8xmedian 17.1x
P/S now vs peer median 2.4xmedian 8.8x 9.2xmedian 8.8x 10.4xmedian 8.8x
EV/EBITDA now vs peer median 9.1xmedian 17.1x —median 17.1x 24.7xmedian 17.1x
P/FCF now vs peer median 17.4xmedian 18.0x —median 18.0x 34.5xmedian 18.0x
P/B now vs peer median 1.7xmedian 2.1x —median 2.1x 6.5xmedian 2.1x
PEG now vs peer median 0.29median 0.31 0.27median 0.31 2.94median 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 monthsKMDAARGXVRTX
Revenue $191.85M $5.82B $12.59B
Gross profit $78.31M $5.24B $10.82B
Operating income $27.83M $1.74B $4.78B
Net income $22.25M $1.88B $4.41B
Free cash flow $26.32M – $3.80B
R&D $9.91M $1.80B $3.91B
EPS (diluted) $0.38 $28.43 $17.26
Cash & equivalents $29.47M – $6.14B
Total debt $74.86M – –
Shares (diluted) 58.35M 66.03M 255.20M
Enterprise value $173.11M $53.74B $103.37B

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
MetricKMDAARGXVRTX
P/E 20.7x 28.4x 29.8x
P/FCF 17.4x – 34.5x
P/Operating cash flow 12.8x – 30.5x
P/S 2.4x 9.2x 10.4x
P/B 1.7x – 6.5x
P/Tangible book 1.7x – 6.6x
EV/EBITDA 9.1x – 24.7x
EV/EBIT 14.2x 30.9x 25.8x
EV/Revenue 2.1x 9.2x 9.8x
EV/FCF 15.0x – 32.5x
EV/Operating cash flow 11.0x – 28.7x
PEG (3Y EPS CAGR) 0.29 0.27 2.94

Growth

14 metrics
MetricKMDAARGXVRTX
Revenue growth (1Y) 13.2% 61.5% 10.2%
Revenue CAGR (3Y) 9.6% 80.5% 9.8%
Gross profit growth (1Y) 5.9% 62.2% 10.1%
Gross profit CAGR (3Y) 12.9% 80.0% 9.0%
Operating income growth (1Y) 10.3% 120.6% 21.8%
Operating income CAGR (3Y) 43.1% 85.1% 6.4%
Net income growth (1Y) 17.0% 22.5% 21.1%
Net income CAGR (3Y) 258.5% 115.5% 9.4%
EPS growth (1Y) 14.5% 20.9% 22.9%
EPS CAGR (3Y) 70.4% 104.8% 10.1%
Operating cash flow growth (1Y) -10.9% – 11.6%
Operating cash flow CAGR (3Y) 5.6% – 1.8%
Free cash flow growth (1Y) -16.7% – 8.5%
Free cash flow CAGR (3Y) 1.0% – -0.7%

Profitability

14 metrics
MetricKMDAARGXVRTX
Gross margin 40.8% 90.0% 86.0%
EBITDA margin 22.5% – 39.7%
Operating margin 14.5% 29.9% 38.0%
Pretax margin 13.9% 32.6% 41.9%
Net margin 11.5% 32.3% 35.0%
FCF margin 13.7% – 30.2%
Operating cash flow margin 18.6% – 34.1%
Return on equity 8.4% – 22.2%
Return on assets 5.8% – 16.3%
Return on invested capital 10.2% – –
Return on capital employed 8.3% – 20.8%
Asset turnover 0.5x – 0.5x
Cash conversion (OCF / net income) 1.6x – 1.0x
Stock comp / revenue 1.1% – 5.5%

Financial Health

11 metrics
MetricKMDAARGXVRTX
Debt / assets 1.6% – –
Debt / equity 0.0x – –
Net debt / EBITDA -1.5x – –
Debt / FCF 0.2x – –
Liabilities / assets 29.6% – 26.2%
Equity / assets 70.4% – 73.8%
Interest coverage 93.7x 10,120x –
Current ratio 4.1x – 3.2x
Quick ratio 2.3x – 2.5x
Cash ratio 1.4x – 2.0x
Altman Z-score 3.56 – 13.17

Shareholder Returns

7 metrics
MetricKMDAARGXVRTX
Dividend yield 5.3% – –
Net buyback yield 0.0% – 1.4%
Shareholder yield 5.3% – 1.4%
Payout ratio (earnings) 129.6% – –
Payout ratio (FCF) 109.6% – –
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.

ConsensusKMDAARGXVRTX
Forward P/E 15.9xFY2026 28.4xFY2026 28.4xFY2026
EPS, next fiscal year $0.50FY2026 $30.63FY2026 $18.24FY2026
EPS growth, next FY +38.9%FY2026 +56.5%FY2026 -0.9%FY2026
EPS growth, the year after +24.0% +26.9% +23.0%
Revenue, next fiscal year $209.90MFY2026 $6.08BFY2026 $12.67BFY2026
Revenue growth, next FY +16.3%FY2026 +43.1%FY2026 +5.8%FY2026
Revenue growth, the year after +13.6% +22.9% +18.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKMDAARGXVRTX
Held by institutions 8.6% 46.1% 95.1%
Institutions holding 50 504 1,745
Change in shares held, QoQ -3.1% -2.0% +3.9%
Institutions buying 24 264 902
Institutions selling 18 160 605
Buyers to sellers 1.33 1.65 1.49

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.

KMDAARGXVRTX
KMDA 1.00 0.16 0.16
ARGX 0.16 1.00 0.35
VRTX 0.16 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KMDA, ARGX and VRTX?

Vertex Pharmaceuticals (VRTX) is the largest by market capitalisation: Kamada (KMDA) $464.05M, Argenx Se (ARGX) $53.74B, Vertex Pharmaceuticals (VRTX) $131.37B.

Which stock is cheaper, KMDA, ARGX and VRTX?

Kamada (KMDA) trades on the lowest price-to-earnings ratio (Kamada (KMDA) 21.0x, Argenx Se (ARGX) 28.6x, Vertex Pharmaceuticals (VRTX) 29.8x). On next year's consensus earnings, Kamada (KMDA) is cheapest (Kamada (KMDA) 15.9x, Argenx Se (ARGX) 28.4x, Vertex Pharmaceuticals (VRTX) 28.4x). 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: Kamada (KMDA) +13.2%, Argenx Se (ARGX) +61.5%, Vertex Pharmaceuticals (VRTX) +10.2%.

Which company is more profitable?

Vertex Pharmaceuticals (VRTX) has the highest net margin (Kamada (KMDA) 11.5%, Argenx Se (ARGX) 32.3%, Vertex Pharmaceuticals (VRTX) 35.0%).

Which stock has performed better?

Over the past year Vertex Pharmaceuticals (VRTX) returned the most: Kamada (KMDA) +15.6%, Argenx Se (ARGX) +6.4%, Vertex Pharmaceuticals (VRTX) +22.8%. Over five years, Argenx Se (ARGX) compounded fastest (Kamada (KMDA) +6.9%/yr, Argenx Se (ARGX) +25.5%/yr, Vertex Pharmaceuticals (VRTX) +23.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Kamada (KMDA) 0.06%, Argenx Se (ARGX) 0.00%, Vertex Pharmaceuticals (VRTX) 0.00%. Argenx Se (ARGX) and Vertex Pharmaceuticals (VRTX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Vertex Pharmaceuticals (VRTX) has been the steadiest (Kamada (KMDA) 34.8%, Argenx Se (ARGX) 37.0%, Vertex Pharmaceuticals (VRTX) 29.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, KMDA, ARGX and VRTX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Vertex Pharmaceuticals (VRTX) 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.