ONC vs. RDY: BeOne Medicines vs. Dr. Reddy's Laboratories Stock Comparison
How do BeOne Medicines (ONC) and Dr. Reddy's Laboratories (RDY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
BeOne Medicines (ONC) and Dr. Reddy's Laboratories (RDY) both fall under the Pharmaceuticals, Biotechnology & Life Sciences industry group, but ONC is classified in Biotechnology while RDY is classified in Pharmaceuticals.
Both BeOne Medicines (ONC) and Dr. Reddy's Laboratories (RDY) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | ONC | RDY |
|---|---|---|
| Name | BeOne Medicines Ltd. American Depositary Shares | Dr. Reddy's Laboratories Ltd. ADR |
| Country/Region | Switzerland | India |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Pharmaceuticals, Biotechnology & Life Sciences | Pharmaceuticals, Biotechnology & Life Sciences |
| GICS Industry | Biotechnology | Pharmaceuticals |
| GICS Sub-Industry | Biotechnology | Pharmaceuticals |
| Market Capitalization | 46.49 billion USD | 12.43 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | February 3, 2016 | April 11, 2001 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ONC | RDY |
|---|---|---|
| Total Return (1Y) | 30.59% | 12.49% |
| Total Return (3Y, Annualized) | 30.15% | 5.76% |
| Total Return (5Y, Annualized) | 2.48% | 4.06% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ONC | RDY |
|---|---|---|
| Volatility (1Y, Annualized) | 35.90% | 27.06% |
| Beta (5Y) | 0.59 | 0.30 |
| Max Drawdown (5Y) | -68.89% | -32.01% |
| Avg. Volume (3M) | 405.29K | 2.89M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ONC | RDY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | 0.30 |
| Sortino Ratio (1Y) | 1.15 | 0.43 |
Profitability
ROE (TTM)
Both BeOne Medicines (ONC) at 18.40% and Dr. Reddy's Laboratories (RDY) at 7.34% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
18.40%
- Max
- 109.18%
- ONC
- 18.40%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
7.34%
- Max
- 109.18%
- RDY
- 7.34%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
Net Margin (TTM)
For every dollar of sales, both BeOne Medicines (ONC) at 13.86% and Dr. Reddy's Laboratories (RDY) at 8.49% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
13.86%
- Max
- 18.05%
- ONC
- 13.86%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
8.49%
- Max
- 18.05%
- RDY
- 8.49%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
Operating Margin (TTM)
BeOne Medicines (ONC) at 22.15% operates in the top operating margin quartile, ahead of Dr. Reddy's Laboratories (RDY) at 14.73%, which runs around its industry’s norm.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
22.15%
- Max
- 83.12%
- ONC
- 22.15%
- Q3
- 14.77%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
14.73%
- Max
- 83.12%
- Q3
- 14.77%
- RDY
- 14.73%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
Profitability Metrics
| Metric | ONC | RDY |
|---|---|---|
| ROE (TTM) | 18.40% | 7.34% |
| ROA (TTM) | 8.42% | 3.37% |
| Net Margin (TTM) | 13.86% | 8.49% |
| Operating Margin (TTM) | 22.15% | 14.73% |
| Gross Margin (TTM) | 89.39% | 49.49% |
Growth
Revenue Growth
Both BeOne Medicines (ONC) at 40.23% and Dr. Reddy's Laboratories (RDY) at 3.19% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Only one side can be read here: Dr. Reddy's Laboratories (RDY) reports EPS growth of -24.14%, ranked against its industry; BeOne Medicines (ONC) has no EPS growth figure this period.
Growth Metrics
| Metric | ONC | RDY |
|---|---|---|
| Revenue Growth (YoY) | 40.23% | 3.19% |
| Revenue Growth (3Y CAGR) | 55.69% | 10.96% |
| EPS Growth (YoY) | -- | -24.14% |
| EPS Growth (3Y CAGR) | -- | -1.72% |
Financial Strength
Current Ratio (MRQ)
BeOne Medicines (ONC) at 3.55 keeps current ratio within its industry’s typical mid-range, while Dr. Reddy's Laboratories (RDY) at 1.93 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for RDY.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
3.55
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- ONC
- 3.55
- Q1
- 2.47
- Min
- 0.10
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.93
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- RDY
- 1.93
- Min
- 0.10
Debt / Equity (MRQ)
Both BeOne Medicines (ONC) at 0.35 and Dr. Reddy's Laboratories (RDY) at 0.19 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.35
- Max
- 1.42
- Q3
- 0.65
- ONC
- 0.35
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.19
- Max
- 1.42
- Q3
- 0.65
- RDY
- 0.19
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | ONC | RDY |
|---|---|---|
| Current Ratio (MRQ) | 3.55 | 1.93 |
| Debt / Equity (MRQ) | 0.35 | 0.19 |
| Net Debt / EBITDA | -2.80 | -0.08 |
Dividends
Dividend Yield (TTM)
BeOne Medicines (ONC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dr. Reddy's Laboratories (RDY) reports a yield of 55.06%, ranking against industry peers normally.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.00%
- ONC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
55.06%
- RDY
- 55.06%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
BeOne Medicines (ONC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dr. Reddy's Laboratories (RDY) reports a payout of 22.72%, ranking against industry peers normally.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.00%
- ONC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
22.72%
- RDY
- 22.72%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ONC | RDY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 55.06% |
| Dividend Payout Ratio (TTM) | 0.00% | 22.72% |
Valuation
P/E Ratio (TTM)
Dr. Reddy's Laboratories (RDY) at 41.42 is near its industry’s usual P/E ratio, while BeOne Medicines (ONC) at 52.17 sits in the richer quartile — ONC needs stronger growth or earnings quality to justify the premium.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
52.17
- Max
- 85.34
- ONC
- 52.17
- Q3
- 43.46
- Median
- 26.69
- Q1
- 13.30
- Min
- 0.07
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
41.42
- Max
- 85.34
- Q3
- 43.46
- RDY
- 41.42
- Median
- 26.69
- Q1
- 13.30
- Min
- 0.07
P/S Ratio (TTM)
Dr. Reddy's Laboratories (RDY) at 0.04 sits in the cheaper P/S ratio quartile while BeOne Medicines (ONC) at 7.04 prices around its industry’s middle — RDY costs less per dollar of sales, though read it alongside growth and margins.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
7.04
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- ONC
- 7.04
- Q1
- 3.01
- Min
- 0.01
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.04
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- Q1
- 3.01
- RDY
- 0.04
- Min
- 0.01
P/B Ratio (MRQ)
Both look rich against book: BeOne Medicines (ONC) at 7.98 sits in the upper P/B ratio quartile, and Dr. Reddy's Laboratories (RDY) at 18.16 prices even higher, above its industry range.
ONC
Pharmaceuticals, Biotechnology & Life Sciences industry group
7.98
- Max
- 13.53
- ONC
- 7.98
- Q3
- 6.54
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
18.16
- RDY
- 18.16
- Max
- 13.53
- Q3
- 6.54
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
Valuation Metrics
| Metric | ONC | RDY |
|---|---|---|
| P/E Ratio (TTM) | 52.17 | 41.42 |
| P/S Ratio (TTM) | 7.04 | 0.04 |
| P/B Ratio (MRQ) | 7.98 | 18.16 |
| Free Cash Flow Yield (TTM) | 2.21% | -53.03% |