BMRN vs CABA

BioMarin Pharmaceutical Inc. vs Cabaletta Bio, Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — BMRN scores higher on quality with 9.2/10 vs CABA's 4.4/10. BMRN trades at $53.32 while CABA trades at $3.68. Both analyzed daily using SEC EDGAR data across 13 institutional models.

BMRN

Biotechnology
BioMarin Pharmaceutical Inc.
Quality
9.2
out of 10
Value Trap
Price
$53.32
Last close
Models
13/13
Active
VS

CABA

Biotechnology
Cabaletta Bio, Inc.
Quality
4.4
out of 10
Value Trap
24
SAFE
Price
$3.68
Last close
Models
7/13
Active
BMRN
Quality Score 9.2/10 — top tier
Limited to 2/13 visible models
CABA
2 models active
Quality 4.4/10 — below average

BMRN vs CABA — Fair Value Comparison

BMRN
$0$21$42$63 Price$53.32 Bayesian …$28.52 (-46.5%) Earnings …$20.86 (-60.9%)
CABA
$0$1$3$4 Price$3.68 Bayesian …$1.08 (-70.8%) Dynamic N…$1.45 (-60.5%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType BMRN Fair ValueBMRN Upside CABA Fair ValueCABA Upside
Bayesian DCF Intrinsic $28.52 -46.5% $1.08 -70.8%
Earnings Power Value Intrinsic $20.86 -60.9%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $19.96 -62.6% $1.45 -60.5%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

BMRN vs CABA — Which Stock Is More Undervalued in 2026?

BMRN scores higher with a 9.2/10 quality rating vs CABA's 4.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do BMRN and CABA Valuations Compare?

At $53.32, BMRN trades +46.5% above its Bayesian DCF fair value of $28.52, while CABA at $3.68 trades +70.8% above its estimate of $1.08. CABA shows a wider gap between price and intrinsic value.

Quality of Company: BMRN vs CABA

BMRN earns a Quality of Company score of 9.2/10 compared to CABA's 4.4/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: BMRN vs CABA

Review the value trap analysis for both BMRN and CABA to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Biotechnology

Both BMRN and CABA operate in Biotechnology, which has 566 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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