Trillium Therapeutics
Market Cap
CA$1.7b
Last Updated
2021/01/21 23:44 UTC
Data Sources
Company Financials +
Executive Summary
Trillium Therapeutics Inc., a clinical stage immuno-oncology company, develops therapies for the treatment of cancer. More Details
Rewards
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with limited growth.
Share Price & News
How has Trillium Therapeutics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRIL is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: TRIL's weekly volatility has decreased from 17% to 11% over the past year.
Market Performance
7 Day Return
-12.9%
TRIL
2.9%
CA Biotechs
0.7%
CA Market
1 Year Return
197.7%
TRIL
18.0%
CA Biotechs
2.1%
CA Market
Return vs Industry: TRIL exceeded the Canadian Biotechs industry which returned 26.6% over the past year.
Return vs Market: TRIL exceeded the Canadian Market which returned 2% over the past year.
Shareholder returns
| TRIL | Industry | Market | |
|---|---|---|---|
| 7 Day | -12.9% | 2.9% | 0.7% |
| 30 Day | 6.7% | 24.0% | 4.6% |
| 90 Day | -2.6% | 15.5% | 13.5% |
| 1 Year | 197.7%197.7% | 18.0%18.0% | 5.8%2.1% |
| 3 Year | 56.1%56.1% | 12.7%12.7% | 13.9%3.1% |
| 5 Year | 41.5%41.5% | 25.7%25.7% | 67.3%41.6% |
Long-Term Price Volatility Vs. Market
How volatile is Trillium Therapeutics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
What Kind Of Investors Own Most Of Trillium Therapeutics Inc. (TSE:TRIL)?1 month ago | Simply Wall St
Companies Like Trillium Therapeutics (TSE:TRIL) Can Afford To Invest In Growth3 months ago | Simply Wall St
Is Trillium Therapeutics Inc. (TSE:TRIL) Popular Amongst Institutions?Valuation
Is Trillium Therapeutics undervalued compared to its fair value and its price relative to the market?
7.99x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TRIL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TRIL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TRIL is unprofitable, so we can't compare its PE Ratio to the XN Biotechs industry average.
PE vs Market: TRIL 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 TRIL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRIL is overvalued based on its PB Ratio (8.3x) compared to the CA Biotechs industry average (6.9x).
Next Steps
Future Growth
How is Trillium Therapeutics forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
39.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRIL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: TRIL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: TRIL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: TRIL's revenue (82.4% per year) is forecast to grow faster than the Canadian market (7.9% per year).
High Growth Revenue: TRIL's revenue (82.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TRIL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Trillium Therapeutics performed over the past 5 years?
-47.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRIL is currently unprofitable.
Growing Profit Margin: TRIL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRIL is unprofitable, and losses have increased over the past 5 years at a rate of 47.7% per year.
Accelerating Growth: Unable to compare TRIL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRIL is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-10.3%).
Return on Equity
High ROE: TRIL has a negative Return on Equity (-104.3%), as it is currently unprofitable.
Next Steps
Financial Health
How is Trillium Therapeutics's financial position?
Financial Position Analysis
Short Term Liabilities: TRIL's short term assets ($296.3M) exceed its short term liabilities ($13.2M).
Long Term Liabilities: TRIL's short term assets ($296.3M) exceed its long term liabilities ($100.3M).
Debt to Equity History and Analysis
Debt Level: TRIL is debt free.
Reducing Debt: TRIL has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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: TRIL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TRIL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.1% each year
Next Steps
Dividend
What is Trillium Therapeutics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TRIL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TRIL'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 TRIL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TRIL'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 TRIL'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?
2.0yrs
Average management tenure
CEO
Jan Skvarka
1.33yrs
Tenure
US$847,315
Compensation
Dr. Jan Skvarka, Ph.D., Has been the President, Chief Executive Officer and Director of Trillium Therapeutics Inc. since September 25, 2019. Prior to joining Trillium, Dr. Skvarka served as the Chief Execu...
CEO Compensation Analysis
Compensation vs Market: Jan's total compensation ($USD847.32K) is below average for companies of similar size in the Canadian market ($USD2.10M).
Compensation vs Earnings: Insufficient data to compare Jan's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.33yrs | US$847.32k | no data | |
| Chief Financial Officer | 9.42yrs | US$441.22k | no data | |
| Chief Scientific Officer | 7.75yrs | US$533.86k | no data | |
| Chief Development Officer | 5.67yrs | US$441.22k | no data | |
| Senior Vice President of Corporate Development & Strategy | 1yr | no data | 0.000070% $ 1.2k | |
| Head of Calgary Site | no data | no data | no data | |
| Senior Vice President - Clinical Operations | 2yrs | no data | no data | |
| Chief Medical Officer | 0.17yr | no data | no data |
2.0yrs
Average Tenure
Experienced Management: TRIL's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.33yrs | US$847.32k | no data | |
| Chairman | 1.75yrs | US$412.33k | no data | |
| Independent Director | 0.92yr | no data | no data | |
| Independent Director | 6.83yrs | US$161.44k | no data | |
| Member of the Scientific Advisory Board | 0.17yr | no data | no data | |
| Director | 0.17yr | no data | no data | |
| Member of the Scientific Advisory Board & Independent Director | 6.83yrs | US$151.93k | no data | |
| Director | 0.33yr | no data | no data | |
| Independent Director | 3.25yrs | US$148.89k | no data | |
| Member of the Scientific Advisory Board | 0.17yr | no data | no data | |
| Member of the Scientific Advisory Board | 0.17yr | no data | no data | |
| Member of the Scientific Advisory Board | 0.17yr | no data | no data |
0.6yrs
Average Tenure
61yo
Average Age
Experienced Board: TRIL's board of directors are not considered experienced ( 0.6 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.
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 259.2%.
Top Shareholders
Company Information
Trillium Therapeutics Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Trillium Therapeutics Inc.
- Ticker: TRIL
- Exchange: TSX
- Founded: 2004
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: CA$1.731b
- Shares outstanding: 100.71m
- Website: https://trilliumtherapeutics.com
Number of Employees
Location
- Trillium Therapeutics Inc.
- 2488 Dunwin Drive
- Mississauga
- Ontario
- L5L 1J9
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRIL | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jan 2005 |
| R5WP | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 2005 |
| TRIL | NasdaqCM (Nasdaq Capital Market) | Yes | Common Shares | US | USD | Jan 2005 |
| 0VLS | LSE (London Stock Exchange) | Yes | Common Shares | GB | CAD | Jan 2005 |
Biography
Trillium Therapeutics Inc., a clinical stage immuno-oncology company, develops therapies for the treatment of cancer. The company’s lead program is TTI-621, a SIRPaFc fusion protein that acts a soluble dec...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:44 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.