Compare Stocks › AVGO vs INCY
Broadcom Inc. (AVGO) vs Incyte Corporation (INCY)
AVGO
Broadcom Inc.
$319.84
VS
INCY
Incyte Corporation
$92.95
Rewards
AVGO
- ★Gross margin of 76.7% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Free cash flow has grown at a 18.2% CAGR over the past 4 years, demonstrating strong earnings power growth.
- ★Each dollar of retained earnings has created $97.03 of market value — management is an exceptional capital allocator.
INCY
- ★Free cash flow has grown at a 14.2% CAGR over the past 4 years, demonstrating strong earnings power growth.
- ★Share count has been reduced by 11% over the past 4 years through buybacks, increasing each share's claim on earnings.
- ★Trailing P/E of 14.5x is 89% below the historical average of 130.7x — potentially undervalued relative to its own history.
Risks
AVGO
- ⚠Share count has increased by 13% over the past 4 years, diluting existing shareholders.
- ⚠FCF yield of 1.7% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
- ⚠6 insider sales totaling $102.2M with no purchases in the past 3 months — insiders are reducing their exposure.
INCY
- ⚠FCF yield of 7.2% suggests reasonable valuation assuming continued moderate growth.
- ⚠Insiders have sold $4.7M worth of stock in the past 3 months — significant insider liquidation.
Key Valuation Metrics
Learn more →AVGO
INCY
Valuation
$25.50B
Free Cash Flow
$1.33B
1.68%
FCF Yield
7.19%
62.47
Trailing P/E
14.50
18.10
Forward P/E
10.75
Quality & Moat
26.43%
ROIC
19.89%
94.91%
ROE
24.90%
76.73%
Gross Margin
52.88%
0.33
PEG Ratio
0.33
Balance Sheet Safety
1.66
Debt / Equity
0.01
N/A
Interest Coverage
N/A
0.79
Net Debt / EBITDA
-2.45
0.81%
Dividend Yield
N/A
AVGO: 4Ties: 2INCY: 5
AVGOINCY
Historical Fundamentals
Learn more →AVGO
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
INCY
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →AVGO
$97.03
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$14.50B
Δ Market Cap
+$1.41T
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
INCY
$0.89
created per $1 retained over 3 years
Mediocre Allocator
Σ Retained
$1.92B
Δ Market Cap
+$1.71B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →AVGO
8.2% Margin of Safety
Price is 8.2% below estimated fair value
Current Price: $319.84
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $348.43
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
INCY
62.4% Margin of Safety
Price is 62.4% below estimated fair value
Current Price: $92.95
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $247.14
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →AVGO
What growth rate is the market pricing in at $320?
+24.2%
Market-Implied Owner Earnings Growth
Standard FCF implies +22.9%
The market implies +24.2% Owner Earnings growth, roughly in line with history — reasonably priced.
Standard FCF implies +22.9%, reflecting ongoing growth investment.
INCY
What growth rate is the market pricing in at $93?
+0.3%
Market-Implied Owner Earnings Growth
Standard FCF implies -0.2%
The market implies +0.3% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding -0.2%, reflecting heavy growth investment expected to generate future returns.
Economic Moat Score
Learn more →AVGO
61/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving revenue predictability would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
INCY
64/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving margin stability would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →AVGO
-2.09
Possible Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
INCY
-2.43
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →AVGO
Insiders 2.0%Institutions 79.5%Retail & Other 18.5%
No. of Institutional Holders5,996
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
INCY
Insiders 1.9%Institutions 104.7%
No. of Institutional Holders1,222
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →AVGO
0
Buys (3M)
2
Buys (12M)
Total value (12M): $1.55M
YOU HARRY L
Director
$325,129
@ $325.13 · 2025-12-18
YOU HARRY L
Director
$1.23M
@ $345.88 · 2025-09-10
Open market purchases · includes direct & indirect ownership · excludes option exercises
INCY
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →AVGO
6
Sells (3M)
28
Sells (12M)
Total value (12M): $206.93M
VELAGA S. RAM
Officer
$20.82M
@ $323.38 · 2026-03-17
BRAZEAL MARK DAVID
Officer
$27.06M
@ $323.39 · 2026-03-17
BRAZEAL MARK DAVID
Officer
$10.41M
@ $347.12 · 2026-01-06
TAN HOCK E
Chief Executive Officer
$24.31M
@ $347.30 · 2026-01-06
SPEARS KIRSTEN MARGRETA
Chief Financial Officer
$10.43M
@ $347.82 · 2025-12-31
BRAZEAL MARK DAVID
Officer
$9.13M
@ $352.07 · 2025-12-26
KAWWAS CHARLIE B
Officer
$1.05M
@ $332.95 · 2025-12-17
SPEARS KIRSTEN MARGRETA
Chief Financial Officer
$2.03M
@ $332.91 · 2025-12-17
BRAZEAL MARK DAVID
Officer
$12.54M
@ $327.65 · 2025-12-17
BRAZEAL MARK DAVID
Officer
$8.36M
@ $340.91 · 2025-12-16
PAGE JUSTINE F.
Director
$289,512
@ $361.89 · 2025-12-15
PAGE JUSTINE F.
Director
$264,912
@ $331.14 · 2025-11-14
PAGE JUSTINE F.
Director
$280,120
@ $350.15 · 2025-10-14
KAWWAS CHARLIE B
Officer
$2.26M
@ $352.74 · 2025-09-17
BRAZEAL MARK DAVID
Officer
$9.59M
@ $352.61 · 2025-09-17
PAGE JUSTINE F.
Director
$288,000
@ $360.00 · 2025-09-15
PAGE JUSTINE F.
Director
$245,968
@ $307.46 · 2025-08-14
PAGE JUSTINE F.
Director
$219,440
@ $274.30 · 2025-07-14
DELLY GAYLA J
Director
$795,390
@ $265.13 · 2025-06-26
TAN HOCK E
Chief Executive Officer
$10.73M
@ $268.29 · 2025-06-26
SPEARS KIRSTEN MARGRETA
Chief Financial Officer
$9.50M
@ $261.27 · 2025-06-24
BRAZEAL MARK DAVID
Officer
$13.11M
@ $262.10 · 2025-06-24
BRAZEAL MARK DAVID
Officer
$12.66M
@ $253.28 · 2025-06-23
SPEARS KIRSTEN MARGRETA
Chief Financial Officer
$14.18M
@ $251.75 · 2025-06-18
PAGE JUSTINE F.
Director
$200,280
@ $250.35 · 2025-06-16
PAGE JUSTINE F.
Director
$184,152
@ $230.19 · 2025-05-14
PAGE JUSTINE F.
Director
$148,000
@ $185.00 · 2025-04-14
BRAZEAL MARK DAVID
Officer
$5.84M
@ $194.65 · 2025-03-24
LOW CHECK KIAN
Director
$11.30M
@ $235.35 · 2025-01-06
BRAZEAL MARK DAVID
Officer
$4.82M
@ $238.79 · 2024-12-24
TAN HOCK E
Chief Executive Officer
$10.80M
@ $239.96 · 2024-12-24
BRYANT DIANE M
Director
$3.40M
@ $226.68 · 2024-12-23
SPEARS KIRSTEN MARGRETA
Chief Financial Officer
$2.89M
@ $229.62 · 2024-12-20
YOU HARRY L
Director
$1.57M
@ $240.00 · 2024-12-17
BRAZEAL MARK DAVID
Officer
$3.43M
@ $181.45 · 2024-10-11
BRAZEAL MARK DAVID
Officer
$3.46M
@ $182.88 · 2024-10-09
BRAZEAL MARK DAVID
Officer
$3.59M
@ $177.10 · 2024-10-07
DELLY GAYLA J
Director
$130,898
@ $174.53 · 2024-09-25
PAGE JUSTINE F.
Director
$444,566
@ $1750.26 · 2024-06-20
PAGE JUSTINE F.
Director
$561,600
@ $1800.00 · 2024-06-17
BRAZEAL MARK DAVID
Officer
$3.29M
@ $1316.46 · 2024-04-10
PAGE JUSTINE F.
Director
$145,530
@ $1323.00 · 2024-04-10
SPEARS KIRSTEN MARGRETA
Chief Financial Officer
$4.03M
@ $1343.14 · 2024-04-05
BRAZEAL MARK DAVID
Officer
$3.42M
@ $1367.52 · 2024-04-03
TAN HOCK E
Chief Executive Officer
$2.62M
@ $1312.25 · 2024-04-02
BRAZEAL MARK DAVID
Officer
$3.30M
@ $1318.98 · 2024-03-28
KAWWAS CHARLIE B
Officer
$6.72M
@ $1344.00 · 2024-03-25
BRAZEAL MARK DAVID
Officer
$3.38M
@ $1352.35 · 2024-03-25
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
INCY
3
Sells (3M)
31
Sells (12M)
Total value (12M): $38.32M
CAGNONI PABLO J
Officer
$1.88M
@ $100.91 · 2026-02-19
ISSA MOHAMED KHAIRIE
Officer
$1.18M
@ $109.07 · 2026-01-07
STEIN STEVEN H.
Officer
$1.59M
@ $101.70 · 2026-01-05
TRAY THOMAS R
Officer
$336,350
@ $99.69 · 2025-12-19
MORRISSEY MICHAEL JAMES
Officer
$5.68M
@ $97.29 · 2025-12-17
MAYES PATRICK A
Officer
$554,965
@ $95.55 · 2025-12-11
STEIN STEVEN H.
Officer
$2.32M
@ $102.56 · 2025-12-02
TRAY THOMAS R
Officer
$79,038
@ $102.78 · 2025-11-24
DENTON SHEILA A
General Counsel
$29,012
@ $104.36 · 2025-11-17
HOPPENOT HERVE
Director
$19.77M
@ $105.46 · 2025-11-10
STEIN STEVEN H.
Officer
$534,813
@ $102.20 · 2025-11-05
DENTON SHEILA A
General Counsel
$60,613
@ $101.36 · 2025-11-04
HEESON LEE
Officer
$289,017
@ $94.02 · 2025-11-03
DENTON SHEILA A
General Counsel
$23,581
@ $85.13 · 2025-10-15
DENTON SHEILA A
General Counsel
$351,978
@ $85.85 · 2025-10-03
DENTON SHEILA A
General Counsel
$23,116
@ $83.15 · 2025-09-16
DENTON SHEILA A
General Counsel
$50,812
@ $84.97 · 2025-09-02
DENTON SHEILA A
General Counsel
$24,046
@ $86.81 · 2025-08-15
DENTON SHEILA A
General Counsel
$45,310
@ $75.77 · 2025-08-04
STEIN STEVEN H.
Officer
$251,786
@ $67.94 · 2025-07-21
DENTON SHEILA A
General Counsel
$286,296
@ $69.57 · 2025-07-16
IYENGAR VIJAY K
Officer
$67,198
@ $68.36 · 2025-07-16
FLANNELLY BARRY P.
Officer
$91,602
@ $68.36 · 2025-07-16
IYENGAR VIJAY K
Officer
$82,225
@ $69.86 · 2025-07-15
FLANNELLY BARRY P.
Officer
$83,273
@ $69.86 · 2025-07-15
STEIN STEVEN H.
Officer
$1.02M
@ $68.47 · 2025-07-14
IYENGAR VIJAY K
Officer
$587,275
@ $68.15 · 2025-07-03
FLANNELLY BARRY P.
Officer
$743,039
@ $68.15 · 2025-07-03
DENTON SHEILA A
General Counsel
$41,097
@ $68.61 · 2025-07-02
DENTON SHEILA A
General Counsel
$122,060
@ $68.00 · 2025-06-03
TRAY THOMAS R
Officer
$105,516
@ $65.38 · 2025-06-02
FLANNELLY BARRY P.
Officer
$1.34M
@ $67.69 · 2025-03-14
DENTON SHEILA A
General Counsel
$41,924
@ $69.99 · 2025-03-04
DENTON SHEILA A
General Counsel
$1.04M
@ $74.07 · 2025-02-26
STEIN STEVEN H.
Officer
$897,867
@ $72.69 · 2025-01-21
TRAY THOMAS R
Officer
$90,968
@ $69.98 · 2024-12-16
IYENGAR VIJAY K
Officer
$455,544
@ $75.38 · 2024-11-29
FLANNELLY BARRY P.
Officer
$293,210
@ $79.68 · 2024-11-06
TRAY THOMAS R
Officer
$60,209
@ $63.11 · 2024-09-13
DICKINSON JONATHAN ELLIOTT
Officer
$526,948
@ $62.36 · 2024-09-12
STEIN STEVEN H.
Officer
$703,793
@ $60.63 · 2024-08-12
IYENGAR VIJAY K
Officer
$1.09M
@ $70.00 · 2024-07-25
FLANNELLY BARRY P.
Officer
$83,832
@ $64.19 · 2024-07-16
FLANNELLY BARRY P.
Officer
$488,880
@ $60.00 · 2024-07-09
FLANNELLY BARRY P.
Officer
$1.15M
@ $60.00 · 2024-06-12
TRAY THOMAS R
Officer
$64,389
@ $58.91 · 2024-06-06
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →AVGO
😐Neutral(51/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
INCY
😐Neutral(43/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →AVGO
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (51)
INCY
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (43)