Molecular Partners
Market Cap
CHF679.4m
Last Updated
2021/04/09 17:08 UTC
Data Sources
Company Financials +
Executive Summary
Molecular Partners AG operates as a clinical-stage biopharmaceutical company. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Molecular Partners's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MOLN is more volatile than 90% of Swiss stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MOLN's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Swiss stocks.
Market Performance
7 Day Return
0%
MOLN
-1.3%
CH Biotechs
0.8%
CH Market
1 Year Return
36.4%
MOLN
25.1%
CH Biotechs
21.0%
CH Market
Return vs Industry: MOLN exceeded the Swiss Biotechs industry which returned 25.1% over the past year.
Return vs Market: MOLN exceeded the Swiss Market which returned 21% over the past year.
Shareholder returns
| MOLN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.3% | 0.8% |
| 30 Day | 10.2% | -1.2% | 3.3% |
| 90 Day | 10.2% | -1.9% | 5.3% |
| 1 Year | 36.4%36.4% | 26.7%25.1% | 24.7%21.0% |
| 3 Year | -12.3%-12.3% | 19.3%16.6% | 35.0%19.0% |
| 5 Year | -13.4%-13.4% | 52.9%50.1% | 60.7%31.6% |
Long-Term Price Volatility Vs. Market
How volatile is Molecular Partners's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Molecular Partners AG (VTX:MOLN) Could Be Less Than A Year Away From Profitability1 month ago | Simply Wall St
Analysts Just Made A Major Revision To Their Molecular Partners AG (VTX:MOLN) Revenue Forecasts2 months ago | Simply Wall St
Molecular Partners (VTX:MOLN) Is In A Good Position To Deliver On Growth PlansValuation
Is Molecular Partners undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MOLN (CHF23.25) is trading below our estimate of fair value (CHF62.76)
Significantly Below Fair Value: MOLN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MOLN is unprofitable, so we can't compare its PE Ratio to the XE Biotechs industry average.
PE vs Market: MOLN 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 MOLN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MOLN's PB Ratio (6.3x) is in line with the CH Biotechs industry average.
Future Growth
How is Molecular Partners forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
22.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MOLN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MOLN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MOLN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MOLN's revenue (21.4% per year) is forecast to grow faster than the Swiss market (4.5% per year).
High Growth Revenue: MOLN's revenue (21.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MOLN's Return on Equity is forecast to be high in 3 years time (30.2%)
Past Performance
How has Molecular Partners performed over the past 5 years?
-35.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOLN is currently unprofitable.
Growing Profit Margin: MOLN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MOLN is unprofitable, and losses have increased over the past 5 years at a rate of 35.4% per year.
Accelerating Growth: Unable to compare MOLN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MOLN is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (5%).
Return on Equity
High ROE: MOLN has a negative Return on Equity (-58.54%), as it is currently unprofitable.
Financial Health
How is Molecular Partners's financial position?
Financial Position Analysis
Short Term Liabilities: MOLN's short term assets (CHF177.8M) exceed its short term liabilities (CHF57.7M).
Long Term Liabilities: MOLN's short term assets (CHF177.8M) exceed its long term liabilities (CHF22.7M).
Debt to Equity History and Analysis
Debt Level: MOLN is debt free.
Reducing Debt: MOLN has not had any debt for 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: MOLN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MOLN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Molecular Partners's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MOLN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MOLN'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 MOLN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MOLN'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 MOLN'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?
2.0yrs
Average management tenure
CEO
Patrick Amstutz (45 yo)
4.42yrs
Tenure
CHF930,000
Compensation
Dr. Patrick Amstutz, Ph.D. is a Co-Founder of Molecular Partners AG and has been its Chief Executive Officer since November 2016 and serves as its Member of Management Board. Dr. Amstutz served as Acting C...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD1.00M) is about average for companies of similar size in the Swiss market ($USD1.15M).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: MOLN's management team is considered experienced (2 years average tenure).
Board Members
Experienced Board: MOLN's board of directors are considered experienced (3 years average tenure).
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 34.6%.
Top Shareholders
Company Information
Molecular Partners AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Molecular Partners AG
- Ticker: MOLN
- Exchange: SWX
- Founded: 2004
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: CHF679.377m
- Shares outstanding: 29.16m
- Website: https://www.molecularpartners.com
Number of Employees
Location
- Molecular Partners AG
- Wagistrasse 14
- Schlieren
- Zurich
- 8952
- Switzerland
Listings
Biography
Molecular Partners AG operates as a clinical-stage biopharmaceutical company. It is developing Abicipar, a DARPin therapeutic candidate, which is in Phase III clinical trials for the treatment of wet age-r...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/09 17:08 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.