Harmony Biosciences Holdings, Inc.
—- Market cap
- —
- Debt
- +$163.66M
- Cash
- −$775.34M
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: HRMY stock price vs W: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at W's multiple
Needs W P/E.
Implied fair value · at HRMY's multiple
Needs EPS (TTM) is negative, HRMY P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: HRMY FY 2025 (ended Dec 31, 2025) · W FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
HARMONY BIOSCIENCES HOLDINGS, INC. · implied price per share
Bear
$42.25
Base
$49.71
Bull
$57.16
Wayfair Inc. · implied price per share
Bear
-$37.29
Base
-$43.87
Bull
-$50.45
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.19x
-1.19x
Net debt / EBITDA
Leverage against operating earnings
-2.20x
7.41x
Cash and equivalents
Liquid reserves on the balance sheet
$775.34M
$1.54B
Total debt
Interest-bearing obligations outstanding
$163.66M
$3.31B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Jazz Pharmaceuticals plc
HRMY vs JAZZ
SUPERNUS PHARMACEUTICALS, INC.
HRMY vs SUPN
Intra-Cellular Therapies, Inc.
HRMY vs ITCI
ACADIA PHARMACEUTICALS INC
HRMY vs ACAD
Vanda Pharmaceuticals Inc.
HRMY vs VNDA
LivaNova PLC
HRMY vs LIVN
AMAZON COM INC
HRMY vs AMZN
ETSY INC
HRMY vs ETSY
RH
HRMY vs RH
TJX COMPANIES INC /DE/
HRMY vs TJX
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe HRMY’s higher margins, faster growth, and net-cash balance sheet deserve a premium to W’s weaker fundamentals, then hold or accumulate HRMY because the operating quality gap is real even though the P/S-based relative valuation flags downside.
On the provided P/S framework, HRMY’s current price of $37.26 sits far above the implied price of $14.58, indicating a -60.9% downside versus that W-based valuation. However, HRMY also trades within its own historical and DCF ranges, which suggests the gap is driven more by the chosen relative multiple than by a broad disconnect from intrinsic value.
Supporting Metrics