VCEL vs NGNE vs KRYS Stock Comparison

Vericel, Neurogene and Krystal Biotech Prices as of Oct 27, 2026 Peers: Industry group
VCEL Vericel Corp
$43.27 +9.0% 1M +18.6% 1Y
Market cap
$2.21B
P/E
91.2x
Revenue (TTM)
$306.30M
Div. yield
–
Gene and Cell Therapy Healthcare
1 win
NGNE Neurogene Inc.
$26.99 -4.7% 1M -15.8% 1Y
Market cap
$608.68M
P/E
–
Revenue (TTM)
—
Div. yield
–
Gene and Cell Therapy Healthcare
KRYS Krystal Biotech, Inc.
$320.58 -7.3% 1M +68.8% 1Y
Market cap
$9.49B
P/E
39.2x
Revenue (TTM)
$440.53M
Div. yield
–
Gene and Cell Therapy Healthcare
8 wins

Head to Head

9 decided of 12

Krystal Biotech leads on 8 of the 12 questions below (Krystal Biotech 8, Vericel 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionVCELNGNEKRYSLeader
Larger companyMarket capitalisation $2.21B $608.68M $9.49B KRYS
Cheaper on earningsLower P/E, profitable companies only 91.2x -5.5x 39.2x KRYS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 84.8x — 46.2x KRYS
Faster revenue growthRevenue growth, trailing twelve months +23.0% — +22.6% VCEL
More profitableNet margin, trailing twelve months 7.9% — 54.8% KRYS
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +18.6% -15.8% +68.8% KRYS
Better 5-year returnAnnualised price return, 5 years -3.3%/yr -27.8%/yr +43.0%/yr KRYS
Less volatileAnnualised volatility, 1 year 40.8% 78.1% 38.1% KRYS
Higher overall scoreMean of the five percentile scores vs peers 81/100 47/100 85/100 KRYS

Percentile Scorecard

VCELNGNEKRYS

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

AxisVCELNGNEKRYS
Valuation 82 #116 of 625 47 #331 of 625 79 #131 of 625
Growth 94 #38 of 602 22 #473 of 602 93 #43 of 602
Profitability 88 #66 of 551 54 #256 of 551 96 #22 of 551
Financial Health 69 #207 of 656 72 #185 of 656 84 #105 of 656
Shareholder Returns 73 #99 of 365 41 #216 of 365 70 #109 of 365
Overall 81 47 85
  • VCEL ranked among 672 companies in Pharmaceuticals and Biotechnology
  • NGNE ranked among 672 companies in Pharmaceuticals and Biotechnology
  • KRYS ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodVCELNGNEKRYSSPY
1 month +9.0%-4.7%-7.3% -0.2%
3 months -7.4%-18.8%-12.0% +3.9%
6 months +21.4%-1.7%+19.1% +8.2%
Year to date +20.2%+31.0%+30.0% +12.9%
1 year +18.6%-15.8%+68.8% +12.3%
3 years +31.8%+92.8%+180.8% +87.4%
3 years, per year +9.7%+24.5%+41.1% +23.3%
5 years -15.3%-80.3%+496.2% +67.9%
5 years, per year -3.3%-27.8%+43.0% +10.9%
10 years +1,781.3%-87.4%— +261.1%
10 years, per year +34.1%-18.7%— +13.7%

Risk

MeasureVCELNGNEKRYSSPY
Volatility, 1Y 40.8%78.1%38.1% 12.7%
Downside volatility, 1Y 40.1%76.4%37.3% 12.7%
Beta vs S&P 500, 1Y 0.741.560.69 1.00
Return / volatility, 1Y 0.46-0.201.81 0.97
Max drawdown, 5Y -65.4%-95.3%-44.5% -25.4%
From 52-week high -10.4%-37.0%-15.2% -1.2%
52-week high $48.31$42.84$378.15 $779.14
52-week low $29.34$16.37$185.05 $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.

MultipleVCELNGNEKRYS
P/E now vs peer median 91.2xmedian 17.2x -5.5xmedian 17.2x 39.2xmedian 17.2x
P/S now vs peer median 7.2xmedian 9.0x —median 9.0x 21.5xmedian 9.0x
EV/EBITDA now vs peer median 65.4xmedian 16.3x -3.2xmedian 16.3x 42.4xmedian 16.3x
P/FCF now vs peer median 35.9xmedian 18.7x -6.9xmedian 18.7x 36.8xmedian 18.7x
P/B now vs peer median 6.0xmedian 2.2x 2.8xmedian 2.2x 7.0xmedian 2.2x
PEG now vs peer median 1.68median 0.33 -0.16median 0.33 0.76median 0.33

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 monthsVCELNGNEKRYS
Revenue $306.30M – $440.53M
Gross profit $228.38M – $416.91M
Operating income $18.24M -$121.35M $197.75M
Net income $24.22M -$111.16M $241.47M
Free cash flow $61.66M -$87.75M $257.78M
R&D $29.17M $88.50M $59.23M
EPS (diluted) $0.46 $-4.93 $7.88
Cash & equivalents $125.40M $112.49M $427.74M
Shares (diluted) 52.31M 22.55M 30.66M
Enterprise value $1.63B -$394.32M $6.26B

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
MetricVCELNGNEKRYS
P/E 91.2x -5.5x 39.2x
P/FCF 35.9x -6.9x 36.8x
P/Operating cash flow 31.8x -7.0x 34.8x
P/S 7.2x – 21.5x
P/B 6.0x 2.8x 7.0x
P/Tangible book 6.1x 2.8x 7.0x
EV/EBITDA 65.4x -3.2x 42.4x
EV/EBIT 112.5x -3.2x 43.7x
EV/Revenue 6.7x – 19.6x
EV/FCF 33.3x -4.4x 33.5x
EV/Operating cash flow 29.4x -4.4x 31.7x
PEG (3Y EPS CAGR) 1.68 -0.16 0.76

Growth

14 metrics
MetricVCELNGNEKRYS
Revenue growth (1Y) 23.0% – 22.6%
Revenue CAGR (3Y) 19.8% – –
Gross profit growth (1Y) 24.8% – 24.3%
Gross profit CAGR (3Y) 23.9% – –
Operating income growth (1Y) 1,428% -26.8% 41.8%
Operating income CAGR (3Y) 47.8% -33.6% 48.8%
Net income growth (1Y) 240.8% -31.7% 64.6%
Net income CAGR (3Y) 56.6% -32.0% 54.9%
EPS growth (1Y) 228.1% -23.0% 59.7%
EPS CAGR (3Y) 54.3% 34.1% 51.8%
Operating cash flow growth (1Y) 47.5% -18.5% 39.4%
Operating cash flow CAGR (3Y) 33.7% -19.9% 67.0%
Free cash flow growth (1Y) 842.9% -17.8% 39.0%
Free cash flow CAGR (3Y) 43.2% -19.1% 58.6%

Profitability

14 metrics
MetricVCELNGNEKRYS
Gross margin 74.6% – 94.6%
EBITDA margin 10.2% – 46.2%
Operating margin 6.0% – 44.9%
Pretax margin 8.2% – 51.4%
Net margin 7.9% – 54.8%
FCF margin 20.1% – 58.5%
Operating cash flow margin 22.7% – 61.8%
Return on equity 6.9% -49.1% 18.3%
Return on assets 5.1% -44.0% 16.7%
Return on invested capital – – –
Return on capital employed 4.1% -52.2% 15.0%
Asset turnover 0.6x – 0.3x
Cash conversion (OCF / net income) 2.9x 0.8x 1.1x
Stock comp / revenue 12.2% – 12.4%

Financial Health

11 metrics
MetricVCELNGNEKRYS
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 26.4% 11.1% 9.4%
Equity / assets 73.6% 88.9% 90.6%
Interest coverage 28.5x -60,673x –
Current ratio 5.0x 10.6x 8.3x
Quick ratio 4.5x 10.5x 7.7x
Cash ratio 3.1x 10.5x 6.6x
Altman Z-score 10.18 – 41.82

Shareholder Returns

7 metrics
MetricVCELNGNEKRYS
Dividend yield – – –
Net buyback yield -0.3% -6.1% -0.4%
Shareholder yield -0.3% -6.1% -0.4%
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.

ConsensusVCELNGNEKRYS
Forward P/E 84.8xFY2026 – 46.2xFY2026
EPS, next fiscal year $0.51FY2026 $-5.76FY2026 $6.94FY2026
EPS growth, next FY +59.4%FY2026 – +1.5%FY2026
EPS growth, the year after +74.5% – +25.5%
Revenue, next fiscal year $324.56MFY2026 $0.00FY2026 $514.54MFY2026
Revenue growth, next FY +17.5%FY2026 – +32.2%FY2026
Revenue growth, the year after +16.1% – +33.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersVCELNGNEKRYS
Held by institutions 100.0% 76.8% 99.8%
Institutions holding 317 113 421
Change in shares held, QoQ +0.4% +2.0% +4.6%
Institutions buying 187 61 271
Institutions selling 98 31 106
Buyers to sellers 1.91 1.97 2.56

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.

VCELNGNEKRYS
VCEL 1.00 0.09 0.24
NGNE 0.09 1.00 0.25
KRYS 0.24 0.25 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, VCEL, NGNE and KRYS?

Krystal Biotech (KRYS) is the largest by market capitalisation: Vericel (VCEL) $2.21B, Neurogene (NGNE) $608.68M, Krystal Biotech (KRYS) $9.49B.

Which stock is cheaper, VCEL, NGNE and KRYS?

Krystal Biotech (KRYS) trades on the lowest price-to-earnings ratio (Vericel (VCEL) 91.2x, Neurogene (NGNE) -5.5x, Krystal Biotech (KRYS) 39.2x). On next year's consensus earnings, Krystal Biotech (KRYS) is cheapest (Vericel (VCEL) 84.8x, Krystal Biotech (KRYS) 46.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Vericel (VCEL) grew revenue fastest over the trailing twelve months: Vericel (VCEL) +23.0%, Krystal Biotech (KRYS) +22.6%.

Which company is more profitable?

Krystal Biotech (KRYS) has the highest net margin (Vericel (VCEL) 7.9%, Krystal Biotech (KRYS) 54.8%).

Which stock has performed better?

Over the past year Krystal Biotech (KRYS) returned the most: Vericel (VCEL) +18.6%, Neurogene (NGNE) -15.8%, Krystal Biotech (KRYS) +68.8%. Over five years, Krystal Biotech (KRYS) compounded fastest (Vericel (VCEL) -3.3%/yr, Neurogene (NGNE) -27.8%/yr, Krystal Biotech (KRYS) +43.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Krystal Biotech (KRYS) has been the steadiest (Vericel (VCEL) 40.8%, Neurogene (NGNE) 78.1%, Krystal Biotech (KRYS) 38.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, VCEL, NGNE and KRYS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Krystal Biotech (KRYS) leads on 8. 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.