Seek Returns logo

ASND vs. BDX: A Head-to-Head Stock Comparison

Updated on

Here’s a clear look at ASND and BDX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Overview

BDX’s market capitalization of 50.49 billion USD is significantly greater than ASND’s 10.52 billion USD, highlighting its more substantial market valuation.

With betas of 0.36 for ASND and 0.28 for BDX, both stocks show similar sensitivity to overall market movements.

ASND trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, BDX is a standard domestic listing.

SymbolASNDBDX
Company NameAscendis Pharma A/SBecton, Dickinson and Company
CountryDKUS
SectorHealthcareHealthcare
IndustryBiotechnologyMedical - Instruments & Supplies
CEOJan Moller MikkelsenThomas E. Polen Jr.
Price174.18 USD176.16 USD
Market Cap10.52 billion USD50.49 billion USD
Beta0.360.28
ExchangeNASDAQNYSE
IPO DateJanuary 28, 2015February 21, 1973
ADRYesNo

Historical Performance

This chart compares the performance of ASND and BDX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.

Data is adjusted for dividends and splits.

ASND vs. BDX: Growth of a $10,000 investment over the past one year.

Profitability

Return on Equity

ASND

191.42%

Biotechnology Industry

Max
72.39%
Q3
-6.30%
Median
-32.82%
Q1
-68.26%
Min
-147.61%

ASND’s Return on Equity of 191.42% is exceptionally high, placing it well beyond the typical range for the Biotechnology industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

BDX

5.86%

Medical - Instruments & Supplies Industry

Max
26.65%
Q3
13.00%
Median
1.08%
Q1
-8.11%
Min
-38.20%

BDX’s Return on Equity of 5.86% is on par with the norm for the Medical - Instruments & Supplies industry, indicating its profitability relative to shareholder equity is typical for the sector.

ASND vs. BDX: A comparison of their ROE against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Return on Invested Capital

ASND

-50.64%

Biotechnology Industry

Max
48.74%
Q3
-10.68%
Median
-31.65%
Q1
-52.92%
Min
-113.69%

ASND has a negative Return on Invested Capital of -50.64%. This indicates that its operations are failing to generate a profit on the total capital invested, signaling significant inefficiency or value destruction.

BDX

4.35%

Medical - Instruments & Supplies Industry

Max
20.14%
Q3
7.36%
Median
1.97%
Q1
-6.22%
Min
-20.00%

BDX’s Return on Invested Capital of 4.35% is in line with the norm for the Medical - Instruments & Supplies industry, reflecting a standard level of efficiency in generating profits from its capital base.

ASND vs. BDX: A comparison of their ROIC against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Net Profit Margin

ASND

-92.67%

Biotechnology Industry

Max
87.75%
Q3
-5.05%
Median
-103.44%
Q1
-1,032.77%
Min
-2,366.07%

ASND has a negative Net Profit Margin of -92.67%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

BDX

7.18%

Medical - Instruments & Supplies Industry

Max
28.95%
Q3
11.24%
Median
-2.83%
Q1
-12.85%
Min
-26.41%

BDX’s Net Profit Margin of 7.18% is aligned with the median group of its peers in the Medical - Instruments & Supplies industry. This indicates its ability to convert revenue into profit is typical for the sector.

ASND vs. BDX: A comparison of their Net Profit Margin against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Operating Profit Margin

ASND

-90.54%

Biotechnology Industry

Max
87.75%
Q3
-3.28%
Median
-115.26%
Q1
-1,188.86%
Min
-2,943.30%

ASND has a negative Operating Profit Margin of -90.54%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

BDX

11.33%

Medical - Instruments & Supplies Industry

Max
32.10%
Q3
16.03%
Median
2.28%
Q1
-7.96%
Min
-26.84%

BDX’s Operating Profit Margin of 11.33% is around the midpoint for the Medical - Instruments & Supplies industry, indicating that its efficiency in managing core business operations is typical for the sector.

ASND vs. BDX: A comparison of their Operating Margin against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Profitability at a Glance

SymbolASNDBDX
Return on Equity (TTM)191.42%5.86%
Return on Assets (TTM)-32.19%2.75%
Return on Invested Capital (TTM)-50.64%4.35%
Net Profit Margin (TTM)-92.67%7.18%
Operating Profit Margin (TTM)-90.54%11.33%
Gross Profit Margin (TTM)85.30%44.50%

Financial Strength

Current Ratio

ASND

1.04

Biotechnology Industry

Max
28.73
Q3
13.97
Median
6.31
Q1
3.60
Min
0.02

ASND’s Current Ratio of 1.04 falls into the lower quartile for the Biotechnology industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

BDX

1.13

Medical - Instruments & Supplies Industry

Max
6.79
Q3
4.57
Median
2.64
Q1
1.81
Min
1.10

BDX’s Current Ratio of 1.13 falls into the lower quartile for the Medical - Instruments & Supplies industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

ASND vs. BDX: A comparison of their Current Ratio against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Debt-to-Equity Ratio

ASND

-4.46

Biotechnology Industry

Max
0.46
Q3
0.22
Median
0.06
Q1
0.02
Min
0.00

ASND has a Debt-to-Equity Ratio of -4.46, which indicates negative shareholder equity where liabilities exceed assets. This is a critical sign of financial distress.

BDX

0.76

Medical - Instruments & Supplies Industry

Max
1.46
Q3
0.74
Median
0.41
Q1
0.16
Min
0.03

BDX’s leverage is in the upper quartile of the Medical - Instruments & Supplies industry, with a Debt-to-Equity Ratio of 0.76. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

ASND vs. BDX: A comparison of their D/E Ratio against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Interest Coverage Ratio

ASND

-3.72

Biotechnology Industry

Max
108.32
Q3
-0.55
Median
-8.49
Q1
-74.83
Min
-168.36

ASND has a negative Interest Coverage Ratio of -3.72. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

BDX

3.95

Medical - Instruments & Supplies Industry

Max
25.04
Q3
8.80
Median
3.66
Q1
-3.85
Min
-11.93

BDX’s Interest Coverage Ratio of 3.95 is positioned comfortably within the norm for the Medical - Instruments & Supplies industry, indicating a standard and healthy capacity to cover its interest payments.

ASND vs. BDX: A comparison of their Interest Coverage against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Financial Strength at a Glance

SymbolASNDBDX
Current Ratio (TTM)1.041.13
Quick Ratio (TTM)0.710.64
Debt-to-Equity Ratio (TTM)-4.460.76
Debt-to-Asset Ratio (TTM)0.800.35
Net Debt-to-EBITDA Ratio (TTM)-1.345.29
Interest Coverage Ratio (TTM)-3.723.95

Growth

The following charts compare key year-over-year (YoY) growth metrics for ASND and BDX. These metrics are based on the companies’ annual financial reports.

Revenue Growth

ASND vs. BDX: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

ASND vs. BDX: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

ASND vs. BDX: A comparison of their annual year-over-year Free Cash Flow Growth.

Dividend

Dividend Yield

ASND

0.00%

Biotechnology Industry

Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ASND currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

BDX

2.31%

Medical - Instruments & Supplies Industry

Max
4.02%
Q3
0.38%
Median
0.00%
Q1
0.00%
Min
0.00%

With a Dividend Yield of 2.31%, BDX offers a more attractive income stream than most of its peers in the Medical - Instruments & Supplies industry, signaling a strong commitment to shareholder returns.

ASND vs. BDX: A comparison of their Dividend Yield against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Dividend Payout Ratio

ASND

0.00%

Biotechnology Industry

Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ASND has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

BDX

76.77%

Medical - Instruments & Supplies Industry

Max
76.77%
Q3
11.37%
Median
0.00%
Q1
0.00%
Min
0.00%

BDX’s Dividend Payout Ratio of 76.77% is in the upper quartile for the Medical - Instruments & Supplies industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

ASND vs. BDX: A comparison of their Payout Ratio against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Dividend at a Glance

SymbolASNDBDX
Dividend Yield (TTM)0.00%2.31%
Dividend Payout Ratio (TTM)0.00%76.77%

Valuation

Price-to-Earnings Ratio

ASND

-25.98

Biotechnology Industry

Max
78.44
Q3
48.98
Median
20.50
Q1
12.64
Min
2.14

ASND has a negative P/E Ratio of -25.98. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.

BDX

33.92

Medical - Instruments & Supplies Industry

Max
45.65
Q3
44.10
Median
35.47
Q1
29.60
Min
21.65

BDX’s P/E Ratio of 33.92 is within the middle range for the Medical - Instruments & Supplies industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ASND vs. BDX: A comparison of their P/E Ratio against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Forward P/E to Growth Ratio

ASND

-2.36

Biotechnology Industry

Max
2.29
Q3
1.10
Median
0.49
Q1
0.16
Min
0.02

ASND has a negative Forward PEG Ratio of -2.36. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.

BDX

5.98

Medical - Instruments & Supplies Industry

Max
5.80
Q3
3.68
Median
2.56
Q1
1.87
Min
0.22

BDX’s Forward PEG Ratio of 5.98 is exceptionally high for the Medical - Instruments & Supplies industry. This suggests its stock price is very high relative to its expected earnings growth, signaling significant overvaluation risk.

ASND vs. BDX: A comparison of their Forward PEG Ratio against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Price-to-Sales Ratio

ASND

24.22

Biotechnology Industry

Max
110.90
Q3
59.76
Median
11.33
Q1
4.45
Min
0.17

ASND’s P/S Ratio of 24.22 aligns with the market consensus for the Biotechnology industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BDX

2.42

Medical - Instruments & Supplies Industry

Max
12.87
Q3
6.95
Median
3.45
Q1
2.24
Min
0.71

BDX’s P/S Ratio of 2.42 aligns with the market consensus for the Medical - Instruments & Supplies industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ASND vs. BDX: A comparison of their P/S Ratio against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Price-to-Book Ratio

ASND

-46.77

Biotechnology Industry

Max
15.78
Q3
7.44
Median
3.31
Q1
1.58
Min
0.31

The P/B Ratio is often not a primary valuation metric for the Biotechnology industry.

BDX

2.01

Medical - Instruments & Supplies Industry

Max
9.60
Q3
5.48
Median
3.37
Q1
1.95
Min
0.65

BDX’s P/B Ratio of 2.01 is within the conventional range for the Medical - Instruments & Supplies industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

ASND vs. BDX: A comparison of their P/B Ratio against their respective Biotechnology and Medical - Instruments & Supplies industry benchmarks.

Valuation at a Glance

SymbolASNDBDX
Price-to-Earnings Ratio (P/E, TTM)-25.9833.92
Forward PEG Ratio (TTM)-2.365.98
Price-to-Sales Ratio (P/S, TTM)24.222.42
Price-to-Book Ratio (P/B, TTM)-46.772.01
Price-to-Free Cash Flow Ratio (P/FCF, TTM)-29.0319.49
EV-to-EBITDA (TTM)-37.7419.65
EV-to-Sales (TTM)25.113.31