COMPARE · Data as of August 24, 2026
BMY vs NBIX
Verdict: Side-by-side breakdown using the Bull Rankings model. BMY scored 61.5, NBIX scored 88.1 — NBIX leads.
Compare another set
BMY
Bristol-Myers Squibb Company
61.5
$67.28 · $137.4B
fundamentals as of
Score gap
26.6
NBIX leads
NBIX
Neurocrine Biosciences, Inc.
88.1
$153.04 · $15.6B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- CheapestBMY14.8x
- Fastest growthNBIX+34.4%
- Strongest balance sheetNBIX0.12
- Highest qualityNBIX81 / 100
- Largest discount to fair valueNBIX-11%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
BMY
stronger →← stronger
NBIX
79
Qualityreturns · margins · balance sheet
81
57
Growthrevenue & earnings expansion
96
52
Valuevaluation vs sector peers
88
NBIX is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
BMY
NBIX
$11.4bA-
FCF
$870mC+
+3.1%C+
Rev
+34.4%A
2.02D
D/E
0.12B+
14.8xA-
P/E
22.3xB+
2.37C
PEG
0.45A
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
BMY
NBIX
2% below
Price vs fair valuelower is cheaper
11% below
~-2%/yr
Growth the price implies10-yr FCF · lower = less priced in
~8%/yr
+13%
1-yr DCF upside
-6%
+2%
5-yr DCF upside
+12%
-12%
10-yr DCF upside
+46%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
BMY
NBIX
Why this score
- Durable high returns
- Diluting shareholders
The companies
BMYBristol-Myers Squibb Company
Why now
Drug Manufacturers - General · market cap $137.4b. Trading near 52-week high of $68.64 — momentum setup, limited technical margin of safety. 24 sell-side analysts rate this a Buy with a mean 1-yr target of $66.21 (implying -2% upside).
Moat
Net margin 19% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 42% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 123% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
D/E 2.02 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Trading within 2% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. Trial-readout binary — late-stage clinical trials carry approve/reject outcomes that swing valuation 30%+; the equity is effectively a portfolio of these binary events, not a steady cash-flow business.
NBIXNeurocrine Biosciences, Inc.
Why now
Drug Manufacturers - Specialty & Generic · market cap $15.6b. 18% off the 52-week high of $186.12. Revenue growing +34% — in hypergrowth territory. PEG 0.45 — paying under fair value for the growth rate. 27 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $211.57 (implying +38% upside).
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 19% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 123% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Trial-readout binary — late-stage clinical trials carry approve/reject outcomes that swing valuation 30%+; the equity is effectively a portfolio of these binary events, not a steady cash-flow business.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where BMY and NBIX diverge
On the headline score the gap is 26.6 points in favor of NBIX. The widest single difference is Growth, where NBIX leads by 38.7 points.
- GrowthBMY 57.2 · NBIX 95.9NBIX +38.7
- ValueBMY 51.5 · NBIX 88.0NBIX +36.5
- QualityBMY 78.9 · NBIX 81.1level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.