TSX:AEZS

Stock Analysis Report

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Market Cap

CA$111.5m

Last Updated

2021/08/01 22:16 UTC

Data Sources

Company Financials

Executive Summary

Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Aeterna Zentaris's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AEZS is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: AEZS's weekly volatility has decreased from 32% to 11% over the past year.


Market Performance


7 Day Return

4.5%

AEZS

3.8%

CA Biotechs

1.4%

CA Market


1 Year Return

50.8%

AEZS

-8.8%

CA Biotechs

29.1%

CA Market

Return vs Industry: AEZS exceeded the Canadian Biotechs industry which returned -8.9% over the past year.

Return vs Market: AEZS exceeded the Canadian Market which returned 29% over the past year.


Shareholder returns

AEZSIndustryMarket
7 Day4.5%3.8%1.4%
30 Day-13.2%-9.5%-0.5%
90 Day-31.3%-15.1%3.0%
1 Year50.8%50.8%-8.8%-8.8%33.0%29.1%
3 Year-63.9%-63.9%-4.7%-4.7%31.5%18.7%
5 Year-79.8%-79.8%-6.6%-6.6%51.9%29.5%

Long-Term Price Volatility Vs. Market

How volatile is Aeterna Zentaris's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Aeterna Zentaris undervalued compared to its fair value and its price relative to the market?

1.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AEZS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AEZS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AEZS is unprofitable, so we can't compare its PE Ratio to the North American Biotechs industry average.

PE vs Market: AEZS is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AEZS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AEZS is good value based on its PB Ratio (1.4x) compared to the CA Biotechs industry average (3.4x).


Future Growth

How is Aeterna Zentaris forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

53.8%

Forecasted Pharmaceuticals & Biotech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Aeterna Zentaris has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Aeterna Zentaris performed over the past 5 years?

44.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEZS is currently unprofitable.

Growing Profit Margin: AEZS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AEZS is unprofitable, but has reduced losses over the past 5 years at a rate of 44.7% per year.

Accelerating Growth: Unable to compare AEZS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AEZS is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (32.6%).


Return on Equity

High ROE: AEZS has a negative Return on Equity (-11.44%), as it is currently unprofitable.


Financial Health

How is Aeterna Zentaris's financial position?


Financial Position Analysis

Short Term Liabilities: AEZS's short term assets ($77.6M) exceed its short term liabilities ($4.9M).

Long Term Liabilities: AEZS's short term assets ($77.6M) exceed its long term liabilities ($17.9M).


Debt to Equity History and Analysis

Debt Level: AEZS is debt free.

Reducing Debt: AEZS had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AEZS has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: AEZS has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 32% each year


Dividend

What is Aeterna Zentaris's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AEZS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AEZS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AEZS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AEZS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AEZS's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Klaus Paulini

1.75yrs

Tenure

US$792,152

Compensation

Dr. Klaus Paulini, PhD, has been President, Chief Executive Officer and Executive Director of Aeterna Zentaris Inc., since October 4, 2019. Dr. Paulini has been Managing Director at Aeterna Zentaris GmbH s...


CEO Compensation Analysis

Compensation vs Market: Klaus's total compensation ($USD792.15K) is above average for companies of similar size in the Canadian market ($USD165.99K).

Compensation vs Earnings: Klaus's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: AEZS's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: AEZS's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 413.7%.


Top Shareholders

Company Information

Aeterna Zentaris Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aeterna Zentaris Inc.
  • Ticker: AEZS
  • Exchange: TSX
  • Founded: 1990
  • Industry: Biotechnology
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: CA$111.461m
  • Shares outstanding: 121.15m
  • Website: https://www.zentaris.com

Number of Employees


Location

  • Aeterna Zentaris Inc.
  • 315 Sigma Drive
  • Summerville
  • South Carolina
  • 29486
  • United States

Listings


Biography

Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests. Its lead product is macimorelin, a peptidomimetic ghrelin receptor...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:16
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.