` Comparison: LPCN vs MRK - Alpha Spread

LPCN
vs
MRK

Over the past 12 months, LPCN has underperformed MRK, delivering a return of -29% compared to the MRK's +53% growth.

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LPCN
MRK
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Valuation Comparison

LPCN Intrinsic Value
Not Available
MRK Intrinsic Value
112.34 USD
Overvaluation 7%
Intrinsic Value
Price $121.42
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Lipocine Inc
NASDAQ:LPCN
2.2 USD
Merck & Co Inc
NYSE:MRK
121.42 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
LPCN, MRK

LPCN
MRK
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Lipocine Inc
Revenue
Merck & Co Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
LPCN, MRK

LPCN
MRK
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Lipocine Inc
NASDAQ:LPCN
Merck & Co Inc
NYSE:MRK
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What is Free Cash Flow?

Gross Margin

LPCN
0%
MRK
81.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

Operating Margin

LPCN
-524.7%
MRK
41.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

Net Margin

LPCN
-487%
MRK
28.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

FCF Margin

LPCN
-493.8%
MRK
19%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

ROE

LPCN
-54.3%
MRK
36.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

ROA

LPCN
-48.7%
MRK
14.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

ROIC

LPCN
-1 213.8%
MRK
21.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

ROCE

LPCN
-58.5%
MRK
27.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Lipocine Inc
Merck & Co Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
LPCN, MRK

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Performance Gap
LPCN, MRK

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LPCN
MRK
Difference
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Performance By Year
LPCN, MRK

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LPCN
MRK
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Compare LPCN to other stocks
LLY
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Cheaper
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AZN
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ROG
Roche Holding AG
Cheaper
vs LPCN
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett