NEOG vs PAHC vs CBLL Stock Comparison

Neogen, Phibro Animal Health and Ceribell Prices as of Oct 28, 2026 Peers: Industry group
NEOG Neogen Corp
$12.12 -11.7% 1M +96.8% 1Y
Market cap
$2.68B
P/E
–
Revenue (TTM)
$883.99M
Div. yield
–
Diagnostic Equipment Healthcare
1 win
CBLL Ceribell, Inc.
$27.22 +11.1% 1M +112.2% 1Y
Market cap
$1.06B
P/E
–
Revenue (TTM)
$101.96M
Div. yield
–
Diagnostic Equipment Healthcare
4 wins

Head to Head

10 decided of 12

Phibro Animal Health leads on 5 of the 12 questions below (Phibro Animal Health 5, Ceribell 4, Neogen 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEOGPAHCCBLLLeader
Larger companyMarket capitalisation $2.68B $1.58B $1.06B NEOG
Cheaper on earningsLower P/E, profitable companies only -47.7x 15.8x -16.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 37.9x 11.1x — PAHC
Faster revenue growthRevenue growth, trailing twelve months -0.3% +17.1% +31.7% CBLL
More profitableNet margin, trailing twelve months -6.3% 6.6% -64.7% PAHC
Better return on capitalReturn on invested capital -0.2% 14.2% — PAHC
Less leveragedLower net debt / EBITDA 5.4x 2.1x 1.6x CBLL
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +96.8% -9.1% +112.2% CBLL
Better 5-year returnAnnualised price return, 5 years -22.1%/yr +11.5%/yr — PAHC
Less volatileAnnualised volatility, 1 year 55.7% 55.5% 52.1% CBLL
Higher overall scoreMean of the five percentile scores vs peers 57/100 68/100 39/100 PAHC

Percentile Scorecard

NEOGPAHCCBLL

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

AxisNEOGPAHCCBLL
Valuation 73 #63 of 227 92 #52 of 625 24 #173 of 227
Growth 50 #111 of 219 85 #90 of 602 23 #170 of 219
Profitability 63 #76 of 205 85 #81 of 549 38 #128 of 205
Financial Health 46 #128 of 237 26 #485 of 654 81 #47 of 237
Shareholder Returns 55 #61 of 135 54 #171 of 367 28 #97 of 135
Overall 57 68 39
  • NEOG ranked among 247 companies in Medical Devices and Diagnostics
  • PAHC ranked among 672 companies in Pharmaceuticals and Biotechnology
  • CBLL 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

PeriodNEOGPAHCCBLLSPY
1 month -11.7%+6.1%+11.1% +0.9%
3 months +28.9%+2.5%+53.5% +5.9%
6 months +34.5%-27.8%+41.4% +8.5%
Year to date +73.4%+1.4%+24.1% +13.3%
1 year +96.8%-9.1%+112.2% +12.4%
3 years -20.9%+251.7%— +88.1%
3 years, per year -7.5%+52.1%— +23.5%
5 years -71.4%+72.7%— +68.2%
5 years, per year -22.1%+11.5%— +11.0%
10 years -38.0%+45.4%— +263.4%
10 years, per year -4.7%+3.8%— +13.8%

Risk

MeasureNEOGPAHCCBLLSPY
Volatility, 1Y 55.7%55.5%52.1% 12.7%
Downside volatility, 1Y 46.7%59.8%49.7% 12.7%
Beta vs S&P 500, 1Y 1.440.751.21 1.00
Return / volatility, 1Y 1.74-0.162.15 0.98
Max drawdown, 5Y -90.6%-57.9%-63.9% -25.4%
From 52-week high -13.3%-36.4%-1.7% -0.9%
52-week high $13.98$59.58$27.68 $779.14
52-week low $5.41$28.52$10.92 $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.

MultipleNEOGPAHCCBLL
P/E now vs peer median -47.1xmedian 28.8x 15.4xmedian 17.4x -15.7xmedian 28.8x
P/S now vs peer median 3.0xmedian 3.0x 1.0xmedian 9.1x 10.2xmedian 3.0x
EV/EBITDA now vs peer median 29.3xmedian 17.4x 8.1xmedian 17.1x -13.6xmedian 17.4x
P/FCF now vs peer median 53.1xmedian 25.7x 155.7xmedian 19.0x -19.0xmedian 25.7x
P/B now vs peer median 1.3xmedian 2.4x 4.0xmedian 2.2x 8.1xmedian 2.4x
PEG now vs peer median 1.68median 1.03 0.35median 0.34 —median 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 monthsNEOGPAHCCBLL
Revenue $883.99M $1.52B $101.96M
Gross profit $418.98M $512.52M $90.65M
Operating income -$7.38M $194.40M -$69.97M
Net income -$56.10M $99.72M -$66.00M
Free cash flow $49.80M $9.87M -$54.72M
R&D $19.76M – $22.95M
EPS (diluted) $-0.26 $2.43 $-1.74
Cash & equivalents $172.00M $61.42M $32.66M
Total debt $774.20M $2.49B $19.98M
Shares (diluted) 218.10M 40.96M 38.03M
Enterprise value $2.01B $1.26B $458.28M

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
MetricNEOGPAHCCBLL
P/E -47.1x 15.4x -15.7x
P/FCF 53.1x 155.7x -19.0x
P/Operating cash flow 31.0x 22.3x -19.3x
P/S 3.0x 1.0x 10.2x
P/B 1.3x 4.0x 8.1x
P/Tangible book 3.3x 4.3x 8.1x
EV/EBITDA 29.3x 8.1x -13.6x
EV/EBIT -440.3x 10.7x -13.3x
EV/Revenue 3.7x 1.4x 9.1x
EV/FCF 65.2x 209.9x -17.0x
EV/Operating cash flow 38.1x 30.0x -17.2x
PEG (3Y EPS CAGR) 1.68 0.35 –

Growth

14 metrics
MetricNEOGPAHCCBLL
Revenue growth (1Y) -0.3% 17.1% 31.7%
Revenue CAGR (3Y) -1.3% 15.8% –
Gross profit growth (1Y) 1.8% 28.1% 33.4%
Gross profit CAGR (3Y) -3.1% 19.8% –
Operating income growth (1Y) 99.3% 76.0% -34.6%
Operating income CAGR (3Y) -29.0% 39.3% –
Net income growth (1Y) 94.6% 106.6% -33.6%
Net income CAGR (3Y) -28.3% 45.2% –
EPS growth (1Y) 94.6% 105.2% -27.5%
EPS CAGR (3Y) -28.0% 44.6% –
Operating cash flow growth (1Y) -1.9% -13.9% -44.3%
Operating cash flow CAGR (3Y) 2.9% 73.0% –
Free cash flow growth (1Y) 1,631% -76.4% -41.8%
Free cash flow CAGR (3Y) 126.1% 31.2% –

Profitability

14 metrics
MetricNEOGPAHCCBLL
Gross margin 47.4% 33.8% 88.9%
EBITDA margin 12.5% 16.8% -67.1%
Operating margin -0.8% 12.8% -68.6%
Pretax margin -7.7% 9.0% -64.7%
Net margin -6.3% 6.6% -64.7%
FCF margin 5.6% 0.6% -53.7%
Operating cash flow margin 9.6% 4.5% -53.0%
Return on equity -2.7% 26.7% -49.0%
Return on assets -1.7% 6.8% -38.3%
Return on invested capital -0.2% 14.2% –
Return on capital employed -0.2% 16.8% -45.1%
Asset turnover 0.3x 1.0x 0.6x
Cash conversion (OCF / net income) -1.5x 0.7x 0.8x
Stock comp / revenue 1.3% 0.1% 16.1%

Financial Health

11 metrics
MetricNEOGPAHCCBLL
Debt / assets 23.4% 41.1% 12.0%
Debt / equity 0.4x 1.6x 0.2x
Net debt / EBITDA 5.4x 2.1x 1.6x
Debt / FCF 15.5x 62.5x -0.4x
Liabilities / assets 36.8% 74.3% 22.9%
Equity / assets 63.2% 25.7% 77.1%
Interest coverage – 4.2x -38.6x
Current ratio 3.9x 3.0x 9.2x
Quick ratio 2.1x 1.1x 8.6x
Cash ratio 1.2x 0.3x 7.5x
Altman Z-score 1.49 3.09 14.47

Shareholder Returns

7 metrics
MetricNEOGPAHCCBLL
Dividend yield – 1.3% –
Net buyback yield -0.1% – -0.6%
Shareholder yield -0.1% 1.3% -0.6%
Payout ratio (earnings) – 19.5% –
Payout ratio (FCF) – 197.3% –
Dividend growth (1Y) – 0.1% –
Dividend CAGR (3Y) – 0.0% –

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.

ConsensusNEOGPAHCCBLL
Forward P/E 37.9xFY2026 11.1xFY2027 –
EPS, next fiscal year $0.32FY2026 $3.42FY2027 $-1.86FY2026
EPS growth, next FY 0.0%FY2026 +6.2%FY2027 –
EPS growth, the year after +31.3% +9.6% –
Revenue, next fiscal year $847.28MFY2026 $1.53BFY2027 $118.32MFY2026
Revenue growth, next FY -2.7%FY2026 +0.6%FY2027 +32.9%FY2026
Revenue growth, the year after -1.5% -0.2% +21.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEOGPAHCCBLL
Held by institutions 100.0% 51.5% 79.9%
Institutions holding 315 208 124
Change in shares held, QoQ +1.6% +3.1% +2.2%
Institutions buying 151 117 74
Institutions selling 106 73 36
Buyers to sellers 1.42 1.60 2.06

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.

NEOGPAHCCBLL
NEOG 1.00 0.21 0.25
PAHC 0.21 1.00 0.03
CBLL 0.25 0.03 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEOG, PAHC and CBLL?

Neogen (NEOG) is the largest by market capitalisation: Neogen (NEOG) $2.68B, Phibro Animal Health (PAHC) $1.58B, Ceribell (CBLL) $1.06B.

Which company is growing faster?

Ceribell (CBLL) grew revenue fastest over the trailing twelve months: Neogen (NEOG) -0.3%, Phibro Animal Health (PAHC) +17.1%, Ceribell (CBLL) +31.7%.

Which company is more profitable?

Phibro Animal Health (PAHC) has the highest net margin (Neogen (NEOG) -6.3%, Phibro Animal Health (PAHC) 6.6%, Ceribell (CBLL) -64.7%). On return on invested capital, Phibro Animal Health (PAHC) leads (Neogen (NEOG) -0.2%, Phibro Animal Health (PAHC) 14.2%).

Which stock has performed better?

Over the past year Ceribell (CBLL) returned the most: Neogen (NEOG) +96.8%, Phibro Animal Health (PAHC) -9.1%, Ceribell (CBLL) +112.2%. Over five years, Phibro Animal Health (PAHC) compounded fastest (Neogen (NEOG) -22.1%/yr, Phibro Animal Health (PAHC) +11.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Neogen (NEOG) 0.00%, Phibro Animal Health (PAHC) 0.01%, Ceribell (CBLL) 0.00%. Neogen (NEOG) and Ceribell (CBLL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ceribell (CBLL) has been the steadiest (Neogen (NEOG) 55.7%, Phibro Animal Health (PAHC) 55.5%, Ceribell (CBLL) 52.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEOG, PAHC and CBLL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Phibro Animal Health (PAHC) leads on 5. 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.