Jul. 9 at 11:25 PM
This is an update to our
$ACAD v
$PTCT post from a few weeks ago. Both have gained 20-25% since 6/10/26 when the
$XBI began its recent surge.
Analysts project ACAD to slightly outsell PTCT over the next 5 & 10 years. Both generate the same gross margins yet ACAD's market cap & enterprise value are roughly half of PTCT.
The objective of this post is to ID the disconnect between the 2. This is not to bash PTCT (which incidentally trades at lower multiples than peers with more recent approvals like
$INSM &
$ASND ). We'd genuinely appreciate a PTCT perspective.
We added analyst EPS estimates & related multiples that identify the same disconnect in valuation.
Genuine feedback would be sincerely appreciated.
This is not investment advice.