Korro Bio (NASDAQ:KRRO) vs. BeOne Medicines (NASDAQ:ONC) Critical Analysis

BeOne Medicines (NASDAQ:ONCGet Free Report) and Korro Bio (NASDAQ:KRROGet Free Report) are both medical companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, dividends, valuation, profitability and analyst recommendations.

Insider and Institutional Ownership

48.5% of BeOne Medicines shares are held by institutional investors. Comparatively, 13.2% of Korro Bio shares are held by institutional investors. 6.2% of BeOne Medicines shares are held by insiders. Comparatively, 4.8% of Korro Bio shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for BeOne Medicines and Korro Bio, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BeOne Medicines 1 2 11 2 2.88
Korro Bio 1 2 6 3 2.92

BeOne Medicines presently has a consensus target price of $394.00, indicating a potential upside of 22.33%. Korro Bio has a consensus target price of $16.71, indicating a potential upside of 59.95%. Given Korro Bio’s stronger consensus rating and higher probable upside, analysts plainly believe Korro Bio is more favorable than BeOne Medicines.

Profitability

This table compares BeOne Medicines and Korro Bio’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
BeOne Medicines 8.94% 12.06% 6.69%
Korro Bio -1,834.48% -117.86% -71.04%

Volatility and Risk

BeOne Medicines has a beta of 0.49, suggesting that its share price is 51% less volatile than the S&P 500. Comparatively, Korro Bio has a beta of 3, suggesting that its share price is 200% more volatile than the S&P 500.

Valuation and Earnings

This table compares BeOne Medicines and Korro Bio”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
BeOne Medicines $5.34 billion 6.61 $286.93 million $4.47 72.05
Korro Bio $3.84 million 39.23 -$117.26 million ($11.67) -0.90

BeOne Medicines has higher revenue and earnings than Korro Bio. Korro Bio is trading at a lower price-to-earnings ratio than BeOne Medicines, indicating that it is currently the more affordable of the two stocks.

Summary

BeOne Medicines beats Korro Bio on 10 of the 15 factors compared between the two stocks.

About BeOne Medicines

(Get Free Report)

BeOne Medicines Ltd. is a global oncology company domiciled in Switzerland that is discovering and developing innovative treatments that are more affordable and accessible to cancer patients worldwide. The firm portfolio spanning hematology and solid tumors, BeOne is expediting development of its diverse pipeline of novel therapeutics through its internal capabilities and collaborations. The company was founded by Xiao Dong Wang and John V. Oyler on October 28, 2010 and is headquartered in Basel, Switzerland.

About Korro Bio

(Get Free Report)

Korro Bio, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of genetic medicines based on editing RNA for the treatment of rare and highly prevalent diseases primarily in the United States. Its lead product candidate is KRRO-110 which is in preclinical trials for the treatment of Alpha-1 Antitrypsin Deficiency (AATD). It uses its RNA editing platform, OPERA to generate differentiated RNA editing product candidates. The company is also developing programs for Parkinson's disease, Amyotrophic lateral sclerosis, severe alcohol-associated hepatitis, and other subsets of pain. Korro Bio, Inc. was founded in 2018 and is based in Cambridge, Massachusetts.

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