Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
PAHCthis companyPhibro Animal Health Corporation	$34.44	12.76×	3.31×	0.84×	8.47×	-155.0%	33.7%	13.1%	6.6%	25.9%	11.8%	0.8%	2.05×	3.08×	4.17×	2.96×	1.5%	6	3.09	3	B
ELANElanco Animal Health Incorporated	$26.26	-48.15×	1.72×	2.38×	21.75×	-80.4%	43.5%	5.3%	-4.9%	-3.5%	2.1%	2.5%	0.61×	5.14×	1.15×	2.17×	0.0%	5	1.37	2	C
MRKMerck & Co., Inc.	$147.02	14.42×	5.01×	4.06×	10.59×	19.4%	72.0%	36.2%	28.1%	34.7%	18.3%	4.7%	0.96×	1.27×	17.31×	1.54×	3.1%	6	3.99	1	C-
NEOGNeogen Corporation	$12.09	-223×	0.93×	2.23×	15.45×	-121.0%	46.9%	-2.5%	-0.9%	-0.4%	-0.6%	1.6%	0.38×	3.69×	-0.38×	3.82×	0.0%	6	1.45	2	C
ZTSZoetis Inc.	$80.38	20.87×	16.75×	5.89×	15.48×	100.5%	70.5%	38.0%	28.2%	80.2%	21.5%	4.1%	2.85×	1.76×	14.8×	3.03×	1.6%	7	4.76	4	A-
Peer median	—	-16.86×	3.36×	3.22×	15.47×	-30.5%	58.7%	20.8%	13.6%	17.2%	10.2%	3.3%	0.79×	2.73×	7.97×	2.6×	0.8%	6	2.72	2	—