WALD vs MRSN

Comparison between Waldencast plc - Class A (WALD, Company) and Mersana Therapeutics Inc (MRSN, Company).

WALD is from the Consumer Defensive sector, while MRSN is from the Healthcare sector.

5-Year PerformanceWALD has outperformed MRSN, delivering a return of -32.5% compared to -42.3%

WALD vs MRSN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WALD(COMPANY)	MRSN(COMPANY)
Market Cap	$146M	$145M
Max Drawdown	93.35%	99.13%
Sharpe Ratio	0.21	0.58
5Y Beta	1.32	N/A
Industry	Household & Personal Products	Biotechnology
P/E Ratio	-0.64	-2.04
Forward P/E	45.05	N/A
5Y EPS CAGR	N/A	-15.54%
Debt to Equity	29.56%	0.00%
Free Cash Flow Yield	-0.81%	-51.16%
P/S Ratio	0.64	N/A
P/B Ratio	0.39	N/A

Market Cap

Winner

WALD

$146M

MRSN

$145M

Max Drawdown

Winner

WALD

93.35%

MRSN

99.13%

Sharpe Ratio

WALD

0.21

Winner

MRSN

0.58

5Y Beta

WALD

1.32

MRSN

N/A

Industry

WALD

Household & Personal Products

MRSN

Biotechnology

P/E Ratio

WALD

-0.64

Winner

MRSN

-2.04

Forward P/E

WALD

45.05

MRSN

N/A

5Y EPS CAGR

WALD

N/A

MRSN

-15.54%

Debt to Equity

WALD

29.56%

Winner

MRSN

0.00%

Free Cash Flow Yield

Winner

WALD

-0.81%

MRSN

-51.16%

P/S Ratio

WALD

0.64

MRSN

N/A

P/B Ratio

WALD

0.39

MRSN

N/A

WALD vs MRSN - Historical Returns

Returns include dividend reinvestment.

Period	WALD	MRSN
1 month	-20.81%	+4.70%
3 months	-12.18%	+254.63%
6 months	-21.26%	+282.25%
1 year	-23.89%	-14.47%
5 years(CAGR)	-32.55%	-42.31%
10 years(CAGR)	N/A	-25.31%
Max(CAGR)	-31.24%	-25.31%

WALD

-20.81%

Winner

MRSN

+4.70%

WALD

-12.18%

Winner

MRSN

+254.63%

WALD

-21.26%

Winner

MRSN

+282.25%

WALD

-23.89%

Winner

MRSN

-14.47%

5Y(CAGR)

Winner

WALD

-32.55%

MRSN

-42.31%

10Y(CAGR)

WALD

N/A

MRSN

-25.31%

Max(CAGR)

WALD

-31.24%

Winner

MRSN

-25.31%

WALD vs MRSN - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	WALD	MRSN
2026	-19.88%	+0.14%
2025	-49.73%	-17.34%
2024	-64.08%	-37.00%
2023	+20.55%	-59.51%
2022	-9.25%	-9.01%
2021	+1.02%	-76.55%
2020	N/A	+396.46%
2019	N/A	+32.95%
2018	N/A	-76.54%
2017	N/A	+17.36%

WALD vs MRSN Drawdown Comparison

The maximum drawdown for WALD was -93.35%, occurring on Apr 29, 2026. This drawdown has not yet recovered.

The maximum drawdown for MRSN was -99.13%, occurring on Aug 11, 2025. This drawdown has not yet recovered.

The current WALD drawdown is -88.07%. The current MRSN drawdown is -95.78%.

Rank	WALD	MRSN
#1	-93.35% Dec 22, 2023 - Apr 29, 2026	-99.13% Dec 23, 2020 - Aug 11, 2025
#2	-46.04% Dec 29, 2021 - Sep 19, 2023	-93.61% May 25, 2018 - Jun 25, 2020
#3	-27.41% Sep 19, 2023 - Dec 15, 2023	-34.46% Sep 16, 2020 - Dec 1, 2020
#4	-4.48% Jun 7, 2021 - Dec 29, 2021	-31.86% Oct 3, 2017 - May 22, 2018
#5	-1.79% May 24, 2021 - Jun 7, 2021	-30.77% Jun 30, 2020 - Sep 14, 2020
#6	-0.96% Dec 19, 2023 - Dec 22, 2023	-14.30% Sep 11, 2017 - Sep 22, 2017
#7	-0.10% May 13, 2021 - May 24, 2021	-11.24% Dec 1, 2020 - Dec 21, 2020
#8	N/A	-5.21% Jun 28, 2017 - Jul 12, 2017
#9	N/A	-5.21% Sep 14, 2020 - Sep 16, 2020
#10	N/A	-4.29% Aug 21, 2017 - Aug 29, 2017
#11	N/A	-4.26% Sep 22, 2017 - Oct 2, 2017
#12	N/A	-3.25% Jul 27, 2017 - Aug 8, 2017
#13	N/A	-2.71% Jun 25, 2020 - Jun 30, 2020
#14	N/A	-2.48% Aug 14, 2017 - Aug 18, 2017
#15	N/A	-2.13% Aug 30, 2017 - Sep 11, 2017