Kuros Biosciences
Market Cap
CHF68.5m
Last Updated
2021/01/16 18:01 UTC
Data Sources
Company Financials
Executive Summary
Kuros Biosciences AG, a biopharmaceutical company, engages in the discovery, development, and commercialization of biopharmaceutical products for the treatment and prevention of chronic diseases in the United States, the United Kingdom, and internationally. More Details
Risk Analysis
Snowflake Analysis
Excellent balance sheet and overvalued.
Share Price & News
How has Kuros Biosciences's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KURN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KURN's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
2.0%
KURN
3.6%
CH Biotechs
0.4%
CH Market
1 Year Return
-29.4%
KURN
1.3%
CH Biotechs
-0.4%
CH Market
Return vs Industry: KURN underperformed the Swiss Biotechs industry which returned 1.3% over the past year.
Return vs Market: KURN underperformed the Swiss Market which returned -0.4% over the past year.
Shareholder returns
| KURN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | 3.6% | 0.4% |
| 30 Day | -1.9% | 1.5% | 2.8% |
| 90 Day | 2.5% | 2.0% | 5.8% |
| 1 Year | -23.4%-29.4% | 2.6%1.3% | 3.1%-0.4% |
| 3 Year | -78.9%-82.9% | 4.3%1.9% | 19.8%4.7% |
| 5 Year | -91.7%-93.5% | 71.8%66.0% | 51.9%26.8% |
Long-Term Price Volatility Vs. Market
How volatile is Kuros Biosciences's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What We Learned About Kuros Biosciences' (VTX:KURN) CEO Pay3 months ago | Simply Wall St
Kuros Biosciences' (VTX:KURN) Stock Price Has Reduced 82% In The Past Three Years4 months ago | Simply Wall St
Kuros Biosciences (VTX:KURN) Is In A Good Position To Deliver On Growth PlansValuation
Is Kuros Biosciences undervalued compared to its fair value and its price relative to the market?
0.65x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KURN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KURN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KURN is unprofitable, so we can't compare its PE Ratio to the XE Biotechs industry average.
PE vs Market: KURN is unprofitable, so we can't compare its PE Ratio to the Swiss market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KURN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KURN is good value based on its PB Ratio (0.7x) compared to the CH Biotechs industry average (3x).
Next Steps
Future Growth
How is Kuros Biosciences forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.5%
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 Kuros Biosciences 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.
Next Steps
- Examine Kuros Biosciences's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Kuros Biosciences competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Pharmaceuticals & Biotech industry.
Past Performance
How has Kuros Biosciences performed over the past 5 years?
5.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KURN is currently unprofitable.
Growing Profit Margin: KURN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KURN is unprofitable, but has reduced losses over the past 5 years at a rate of 5.4% per year.
Accelerating Growth: Unable to compare KURN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KURN is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (7.3%).
Return on Equity
High ROE: KURN has a negative Return on Equity (-16.46%), as it is currently unprofitable.
Next Steps
Financial Health
How is Kuros Biosciences's financial position?
Financial Position Analysis
Short Term Liabilities: KURN's short term assets (CHF17.7M) exceed its short term liabilities (CHF3.1M).
Long Term Liabilities: KURN's short term assets (CHF17.7M) exceed its long term liabilities (CHF5.6M).
Debt to Equity History and Analysis
Debt Level: KURN's debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KURN's debt to equity ratio has reduced over the past 5 years.
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: KURN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KURN has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 15.7% each year.
Next Steps
Dividend
What is Kuros Biosciences's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KURN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KURN'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 KURN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KURN'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 KURN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Joost de Bruijn (54 yo)
3.08yrs
Tenure
CHF365,100
Compensation
Prof. Joost D. de Bruijn, B.Sc. Ph.D., has been Chief Executive Officer of Kuros Biosciences AG since December 4, 2017 and its Director since June 14, 2018. Prof. Dr. de Bruijn served as the Chief Executiv...
CEO Compensation Analysis
Compensation vs Market: Joost's total compensation ($USD410.31K) is about average for companies of similar size in the Swiss market ($USD494.49K).
Compensation vs Earnings: Joost's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.08yrs | CHF365.10k | no data | |
| Chief Financial Officer | 2.92yrs | no data | no data | |
| Chief Business Officer | no data | no data | no data | |
| Chief Development Officer | 4.42yrs | no data | no data | |
| Head of Business Affairs & Finance of Kuros Biosciences B.V. | no data | no data | 1.06% CHF 724.6k | |
| Chief Medical Officer | 2.33yrs | no data | no data | |
| Senior Legal Counsel | no data | no data | no data | |
| Head of Global Marketing | 3yrs | no data | no data | |
| Head of Commercial Operations | 2.75yrs | no data | no data | |
| Consultant | 2.67yrs | no data | no data |
2.9yrs
Average Tenure
58yo
Average Age
Experienced Management: KURN's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.08yrs | CHF365.10k | no data | |
| Chairman | 2.58yrs | CHF64.80k | no data | |
| Independent Non-Executive Director | 2.58yrs | CHF46.80k | no data | |
| Independent Non-Executive Director | 2.58yrs | CHF59.80k | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Vice Chairman of the Board | no data | CHF50.20k | no data | |
| Member of Strategic Advisory Board | 2.33yrs | no data | no data | |
| Member of Strategic Advisory Board | 2.33yrs | no data | no data | |
| Member of Strategic Advisory Board | 2.33yrs | no data | no data |
2.6yrs
Average Tenure
54yo
Average Age
Experienced Board: KURN's board of directors are not considered experienced ( 2.6 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 diluted in the past year, with total shares outstanding growing by 46.1%.
Top Shareholders
Company Information
Kuros Biosciences AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kuros Biosciences AG
- Ticker: KURN
- Exchange: SWX
- Founded:
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: CHF68.540m
- Shares outstanding: 32.79m
- Website: https://www.kuros.ch
Number of Employees
Location
- Kuros Biosciences AG
- Wagistrasse 25
- Schlieren
- Zurich
- 8952
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CSBT.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jan 2016 |
| KURN | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Jan 2016 |
| YTSN | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 2016 |
| 0RHR | LSE (London Stock Exchange) | Yes | Common Shares | GB | CHF | Jan 2016 |
Biography
Kuros Biosciences AG, a biopharmaceutical company, engages in the discovery, development, and commercialization of biopharmaceutical products for the treatment and prevention of chronic diseases in the Uni...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 18:01 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| 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.