Valuation
Is the price right?3/3 inputs reported · High confidence
Weaker than most peers on:
- ▼ Earnings yield
- ▼ EBITDA yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
3/3 inputs reported · High confidence
Weaker than most peers on:
Sector-normalized EBITDA, earnings, and free cash flow yields.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
2/3 inputs reported · Partial data
Weaker than most peers on:
Return on invested capital, operating margin, and return on assets.
2/3 inputs reported · Partial data
Stronger than most peers on:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
No major changes
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Net income (12 months) | −170.3M USD | −214.8M USD | +26.1% |
| Free cash flow (12 months) | −159.2M USD | −224.5M USD | +41.0% |
| Cash | 316.2M USD | 272.6M USD | −13.8% |
| Shares outstanding | 213.2M | 213.9M | +0.3% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Biotechnology are within their usual range since 2016.
Earnings-based measures are left out for now because many companies in Biotechnology are losing money.
| Key ratios | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|
| Return on assets (ROA) | -52.5% | -18.6% | -13.6% | -8.9% | ▲ 4.6 pts |
| Return on equity (ROE) | — | -19.8% | -14.2% | -9.3% | ▲ 4.9 pts |
| Current ratio | 7.16× | 19.14× | 24.74× | 24.81× | ▲ 0.3% |
Price history is added with the daily price update and will appear after the next one.