NovaBay [NBY] vs Third Harmonic Bio [THRD] Detailed Stock Comparison
TLDR: Quick Comparison Summary
Based on 17 vital metrics comparison: NovaBay Pharmaceuticals, Inc. wins in 6 metrics, Third Harmonic Bio, Inc. wins in 6 metrics, with 2 ties. Both stocks appear equally matched on key metrics.
View Metrics Details
Vital Metrics Comparison
| Metric | NovaBay Pharmaceuticals, Inc. | Third Harmonic Bio, Inc. | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 0.04 | 12.46 | NovaBay Pharmaceuticals, Inc. |
| Price-to-Book Ratio | N/A | 0.89 | N/A |
| Debt-to-Equity Ratio | -0.03 | 1.10 | Third Harmonic Bio, Inc. |
| PEG Ratio | -2.38 | 0.17 | Third Harmonic Bio, Inc. |
| EV/EBITDA | -5.95 | 0.40 | Third Harmonic Bio, Inc. |
| Profit Margin (TTM) | 0.00% | 0.00% | Tie |
| Operating Margin (TTM) | 350.10% | 0.00% | NovaBay Pharmaceuticals, Inc. |
| EBITDA Margin (TTM) | 350.10% | N/A | N/A |
| Return on Equity | 95.53% | -19.94% | NovaBay Pharmaceuticals, Inc. |
| Return on Assets (TTM) | -76.11% | -14.60% | Third Harmonic Bio, Inc. |
| Free Cash Flow (TTM) | $-8.43M | $-34.51M | NovaBay Pharmaceuticals, Inc. |
| 1-Year Return | -53.82% | -53.82% | Tie |
| Enterprise Value | $45.09M | $-25.82M | NovaBay Pharmaceuticals, Inc. |
| Revenue per Share (TTM) | $0 | N/A | N/A |
| Earnings per Share (Diluted) | $-28.50 | $-1.24 | Third Harmonic Bio, Inc. |
| Beta (Stock Volatility) | 0.16 | 2.13 | NovaBay Pharmaceuticals, Inc. |
| Short % of Float | 9.79% | 5.17% | Third Harmonic Bio, Inc. |
NovaBay Pharmaceuticals, Inc. vs Third Harmonic Bio, Inc. Stock Performance Analysis
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Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| NovaBay Pharmaceuticals, Inc. | 0.87% | -17.14% | -11.45% | -21.62% | -78.11% | -96.05% |
| Third Harmonic Bio, Inc. | 0.00% | 0.00% | -1.28% | 4.47% | 56.40% | 56.40% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| NovaBay Pharmaceuticals, Inc. | -53.82% | -98.79% | -99.97% | -99.99% | -100.00% | -100.00% |
| Third Harmonic Bio, Inc. | -53.82% | -70.11% | -70.11% | -70.11% | -70.11% | -70.11% |
Performance & Financial Health Analysis: NovaBay Pharmaceuticals, Inc. vs Third Harmonic Bio, Inc.
| Metric | NBY | THRD |
|---|---|---|
| Market Information | ||
| Market Cap | $34.35M | $242.79M |
| Market Cap Category | Micro cap | Micro cap |
| 10 Day Avg. Volume | 186,830 | 173,590 |
| 90 Day Avg. Volume | 486,346 | 175,425 |
| Last Close | $1.16 | $5.38 |
| 52 Week Range | $1.08 - $99.75 | $3.18 - $16.02 |
| % from 52W High | -98.84% | -66.42% |
| All-Time High | $130,156.25 (Oct 22, 2007) | $24.59 (Oct 31, 2022) |
| % from All-Time High | -100.00% | -78.12% |
| Growth Metrics | ||
| Quarterly Revenue Growth | -2.00% | N/A |
| Quarterly Earnings Growth | -1.23% | N/A |
| Financial Health | ||
| Profit Margin (TTM) | 0.00% | 0.00% |
| Operating Margin (TTM) | 3.50% | 0.00% |
| Return on Equity (TTM) | 0.96% | -0.20% |
| Debt to Equity (MRQ) | -0.03 | 1.10 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $-0.92 | $6.06 |
| Cash per Share (MRQ) | $0.30 | $6.02 |
| Operating Cash Flow (TTM) | $2.70M | $-41,687,000 |
| Levered Free Cash Flow (TTM) | $-4,935,750 | $-28,660,250 |
| Dividends | ||
| Last 12-Month Dividend Yield | N/A | N/A |
| Last 12-Month Dividend | $0.00 | N/A |
Valuation & Enterprise Metrics Analysis: NovaBay Pharmaceuticals, Inc. vs Third Harmonic Bio, Inc.
| Metric | NBY (Apr 24, 2026) | THRD (Aug 29, 2025) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 0.04 | 12.46 |
| Forward P/E | -2.38 | -3.49 |
| PEG Ratio | -2.38 | 0.17 |
| Price to Sales (TTM) | N/A | N/A |
| Price to Book (MRQ) | N/A | 0.89 |
| Market Capitalization | ||
| Market Capitalization | $34.35M | $242.79M |
| Enterprise Value | $45.09M | $-25,821,452 |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | N/A | N/A |
| Enterprise to EBITDA | -5.95 | 0.40 |
| Risk & Other Metrics | ||
| Beta | 0.16 | 2.13 |
| Book Value per Share (MRQ) | $-0.92 | $6.06 |
Financial Statements Comparison: NovaBay Pharmaceuticals, Inc. vs Third Harmonic Bio, Inc.
Financial Metrics
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Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | NBY (2025) | THRD (2024) |
|---|---|---|
| Revenue/Sales | 0 | 0 |
| Cost of Goods Sold | N/A | N/A |
| COGS % of Revenue | - | - |
| Gross Profit | N/A | N/A |
| Gross Margin | - | - |
| Research & Development | N/A | 36.50M |
| Operating Income (EBIT) | -7.59M | -58.87M |
| Operating Margin | - | - |
| EBITDA | -7.47M | -58.82M |
| EBITDA Margin | - | - |
| Pre-Tax Income | -33.22M | -45.47M |
| Pre-Tax Income % of Revenue | - | - |
| Income Tax | N/A | N/A |
| Income Tax % of Revenue | - | - |
| Net Income (Profit) | -22.14M | -45.47M |
| Profit Margin | - | - |
Balance Sheet & Liquidity Metrics
| Metric | NBY (2025) | THRD (2024) |
|---|---|---|
| Cash & Equivalents | 7.96M | 285.06M |
| Total Current Assets | 8.68M | 290.54M |
| Total Current Assets % of Revenue | - | - |
| Total Current Liabilities | 1.14M | 7.11M |
| Total Current Liabilities % of Revenue | - | - |
| Long-Term Debt | 287,000 | 2.35M |
| Long-Term Debt % of Revenue | - | - |
| Total Shareholders Equity | -23.18M | 285.15M |
| Retained Earnings | -210.42M | -159.69M |
| Retained Earnings % of Revenue | - | - |
| Property, Plant & Equipment | 0 | 0 |
Cash Flow Statement Comparison
| Metric | NBY (2025) | THRD (2024) |
|---|---|---|
| Operating Cash Flow | -33.33M | -33.88M |
| Operating Cash Flow % of Revenue | - | - |
| Capital Expenditures | N/A | -10,000 |
| Free Cash Flow | -8.43M | -34.51M |
| FCF Margin | - | - |
| Debt Repayment | -2.50M | N/A |
| Common Stock Repurchase | -175,000 | N/A |
Short Interest & Institutional Ownership Analysis
| Metric | NBY | THRD |
|---|---|---|
| Shares Short | 333,120 | 1.42M |
| Short Ratio | 0.69 | 6.95 |
| Short % of Float | 9.79% | 5.17% |
| Shares Outstanding | 25.22M | 44.86M |
| Float Shares | 2.62M | 15.60M |
| % Held by Insiders | 90.14% | 9.11% |
| % Held by Institutions | 5.34% | 80.12% |
| % Held by Public | 4.52% | 10.77% |
Dividend Analysis & Yield Comparison: NovaBay Pharmaceuticals, Inc. vs Third Harmonic Bio, Inc.
| Metric | NBY | THRD |
|---|---|---|
| Last 12-Month Dividend | $0.00 | N/A |
| Last 12-Month Dividend Yield | N/A | N/A |
| 3-Year Avg Annual Dividend | $0.00 | N/A |
| 3-Year Avg Dividend Yield | N/A | N/A |
| 3-Year Total Dividends | $0.00 | N/A |
| Ex-Dividend Date | N/A | N/A |