BLTE vs FLY

Comparison between Belite Bio Inc (BLTE, Company) and Firefly Aerospace Inc (FLY, Company).

BLTE is from the Healthcare sector, while FLY is from the Industrials sector.

BLTE vs FLY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BLTE(COMPANY)	FLY(COMPANY)
Market Cap	$5.37B	$5.35B
Max Drawdown	74.59%	72.20%
Sharpe Ratio	1.74	0.08
5Y Beta	0.54	3.24
Industry	Biotechnology	Aerospace & Defense
P/E Ratio	-69.25	-17.84
Forward P/E	227.27	N/A
PEG Ratio	-0.94	N/A
5Y EPS CAGR	24.69%	N/A
Debt to Equity	0.00%	0.64%
Free Cash Flow Yield	-0.69%	-5.27%
P/S Ratio	N/A	29.69
P/B Ratio	6.88	4.96

Market Cap

Winner

BLTE

$5.37B

FLY

$5.35B

Max Drawdown

BLTE

74.59%

Winner

FLY

72.20%

Sharpe Ratio

Winner

BLTE

1.74

FLY

0.08

5Y Beta

Winner

BLTE

0.54

FLY

3.24

Industry

BLTE

Biotechnology

FLY

Aerospace & Defense

P/E Ratio

Winner

BLTE

-69.25

FLY

-17.84

Forward P/E

BLTE

227.27

FLY

N/A

PEG Ratio

BLTE

-0.94

FLY

N/A

5Y EPS CAGR

BLTE

24.69%

FLY

N/A

Debt to Equity

Winner

BLTE

0.00%

FLY

0.64%

Free Cash Flow Yield

Winner

BLTE

-0.69%

FLY

-5.27%

P/S Ratio

BLTE

N/A

FLY

29.69

P/B Ratio

BLTE

6.88

Winner

FLY

4.96

BLTE vs FLY - Historical Returns

Returns include dividend reinvestment.

Period	BLTE	FLY
1 month	-11.17%	-18.95%
3 months	-18.51%	+37.19%
6 months	-2.24%	+44.21%
1 year	+122.34%	-47.19%
5 years(CAGR)	+86.52%	N/A
Max(CAGR)	+86.52%	-52.99%

Winner

BLTE

-11.17%

FLY

-18.95%

BLTE

-18.51%

Winner

FLY

+37.19%

BLTE

-2.24%

Winner

FLY

+44.21%

Winner

BLTE

+122.34%

FLY

-47.19%

5Y(CAGR)

BLTE

+86.52%

FLY

N/A

Max(CAGR)

Winner

BLTE

+86.52%

FLY

-52.99%

BLTE vs FLY - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	BLTE	FLY
2026	-13.25%	+34.13%
2025	+147.00%	-62.93%
2024	+47.57%	N/A
2023	+53.52%	N/A
2022	+184.66%	N/A

BLTE vs FLY Drawdown Comparison

The maximum drawdown for BLTE was -74.59%, occurring on Jun 23, 2023. Recovery took 364 trading sessions.

The maximum drawdown for FLY was -72.20%, occurring on Nov 21, 2025. This drawdown has not yet recovered.

The current BLTE drawdown is -27.40%. The current FLY drawdown is -47.19%.

Rank	BLTE	FLY
#1	-74.59% Jul 5, 2022 - Dec 13, 2023	-72.20% Aug 7, 2025 - Nov 21, 2025
#2	-36.60% Nov 14, 2024 - Oct 16, 2025	N/A
#3	-32.66% Feb 14, 2024 - May 30, 2024	N/A
#4	-29.10% Feb 27, 2026 - Jun 2, 2026	N/A
#5	-23.75% May 6, 2022 - Jun 9, 2022	N/A
#6	-19.49% Jun 24, 2022 - Jul 1, 2022	N/A
#7	-16.24% Apr 29, 2022 - May 3, 2022	N/A
#8	-15.04% Dec 27, 2023 - Jan 17, 2024	N/A
#9	-13.23% Oct 29, 2024 - Nov 1, 2024	N/A
#10	-11.37% Nov 18, 2025 - Nov 24, 2025	N/A
#11	-9.87% Nov 10, 2025 - Nov 18, 2025	N/A
#12	-9.49% Dec 29, 2025 - Jan 27, 2026	N/A
#13	-9.18% Jun 13, 2024 - Jul 19, 2024	N/A
#14	-8.52% Jul 19, 2024 - Aug 13, 2024	N/A
#15	-8.25% Dec 1, 2025 - Dec 17, 2025	N/A

Correlation

Correlation between BLTE and FLY is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

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