COMPARE · Data as of August 21, 2026

EXEL vs HALO

Verdict: Side-by-side breakdown using the Bull Rankings model. EXEL scored 74.1, HALO scored 79.5 — HALO leads.
Compare another set
EXEL
Exelixis, Inc.
Biotechnology · Quality-Growth
74.1
$54.08 · $13.4B
fundamentals as of
Score gap
5.4
HALO leads
HALO
Halozyme Therapeutics, Inc.
Biotechnology · Quality-Growth
79.5
$108.17 · $12.3B
fundamentals as of
  • CheapestEXEL17.0x
  • Fastest growthHALO+41.2%
  • Highest qualityEXEL97 / 100
  • Largest discount to fair valueEXEL-42%
THE BULL RANKINGS SCORECARD74.1/ 100 · BULL SCOREPEER MEDIANQUALITY96.8GROWTH80.0VALUE52.5
THE BULL RANKINGS SCORECARD79.5/ 100 · BULL SCOREPEER MEDIANQUALITY95.7GROWTH97.0VALUE54.1
EXELHALOQuality96.895.7Growth80.097.0Value52.554.1
cheap & fastrevenue growth →← cheaper (lower multiple)-1%51%12x37xEXELHALO

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.

FCFEXEL$1.2bHALO$806m
RevEXEL+9.2%HALO+41.2%
P/EEXEL17.0xHALO31.7x
PEGEXEL2.56HALO1.47
EXEL
stronger →← stronger
HALO
97
Qualityreturns · margins · balance sheet
96
80
Growthrevenue & earnings expansion
97
53
Valuevaluation vs sector peers
54
HALO is stronger on 2 of 3 pillars.
EXEL
HALO
$1.2bC+
FCF
$806mC+
+9.2%B
Rev
+41.2%A
0.09B+
D/E
17.0xA-
P/E
31.7xB
2.56C
PEG
1.47B
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.
EXEL
HALO
42% below
Price vs fair valuelower is cheaper
38% below
~-3%/yr
Growth the price implies10-yr FCF · lower = less priced in
~1%/yr
+45%
1-yr DCF upside
+29%
+72%
5-yr DCF upside
+63%
+118%
10-yr DCF upside
+129%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
EXEL
Why this score
  • Buying back stock
  • Durable high returns
HALO
Why this score
  • Buying back stock
  • Durable high returns
EXELExelixis, Inc.
Biotechnology · $54.08 · beta 0.42
Why now
Biotechnology · market cap $13.4b. 6% off the 52-week high of $57.57. 17 sell-side analysts rate this a Buy with a mean 1-yr target of $53.00 (implying -2% upside).
Moat
Net margin 35% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 47% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 136% 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.
HALOHalozyme Therapeutics, Inc.
Biotechnology · $108.17 · beta 0.85
Why now
Biotechnology · market cap $12.3b. Trading near 52-week high of $108.49 — momentum setup, limited technical margin of safety. Revenue growing +41% — in hypergrowth territory. 9 sell-side analysts rate this a Buy with a mean 1-yr target of $99.56 (implying -8% upside).
Moat
Net margin 25% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. FCF converts 195% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. Pharma moat is patent runway + pipeline depth — a single approved molecule funds the next generation of bets. Late-stage trials carry binary readouts that swing valuation 30%+.
Risk
Trading within 0% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. Trailing P/E 32x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates. 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.
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 EXEL and HALO diverge

On the headline score the gap is 5.4 points in favor of HALO. The widest single difference is Growth, where HALO leads by 17.0 points.

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.