DB:0MV

Stock Analysis Report

Executive Summary

Marinus Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutics to treat epilepsy and neuropsychiatric disorders.

Risk Analysis

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year



Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Marinus Pharmaceuticals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0MV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.3%

0MV

0.5%

DE Pharmaceuticals

1.7%

DE Market


1 Year Return

-36.3%

0MV

18.1%

DE Pharmaceuticals

15.0%

DE Market

Return vs Industry: 0MV underperformed the German Pharmaceuticals industry which returned 18.1% over the past year.

Return vs Market: 0MV underperformed the German Market which returned 15% over the past year.


Shareholder returns

0MVIndustryMarket
7 Day5.3%0.5%1.7%
30 Day-2.0%3.9%0.8%
90 Day105.1%10.8%3.7%
1 Year-36.3%-36.3%22.2%18.1%18.5%15.0%
3 Year49.3%49.3%39.9%24.0%17.1%6.9%
5 Yearn/a39.8%16.1%24.3%7.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Marinus Pharmaceuticals undervalued compared to its fair value and its price relative to the market?

3.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 0MV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 0MV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 0MV is unprofitable, so we can't compare its PE Ratio to the Pharmaceuticals industry average.

PE vs Market: 0MV is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0MV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0MV is overvalued based on its PB Ratio (3.5x) compared to the DE Pharmaceuticals industry average (2.3x).


Next Steps

Future Growth

How is Marinus Pharmaceuticals forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

49.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0MV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 0MV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 0MV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 0MV's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 0MV's revenue 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 0MV's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Marinus Pharmaceuticals performed over the past 5 years?

-19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0MV is currently unprofitable.

Growing Profit Margin: 0MV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 0MV is unprofitable, and losses have increased over the past 5 years at a rate of -19.3% per year.

Accelerating Growth: Unable to compare 0MV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 0MV is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-5%).


Return on Equity

High ROE: 0MV has a negative Return on Equity (-143.3%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Marinus Pharmaceuticals's financial position?


Financial Position Analysis

Short Term Liabilities: 0MV's short term assets ($41.1M) exceed its short term liabilities ($8.6M).

Long Term Liabilities: 0MV's short term assets ($41.1M) exceed its long term liabilities ($3.2M).


Debt to Equity History and Analysis

Debt Level: 0MV is debt free.

Reducing Debt: 0MV has no debt compared to 5 years ago when its debt to equity ratio was 4.6%.


Balance Sheet

Inventory Level: 0MV has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 0MV's debt is covered by short term assets.


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: 0MV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 0MV has less than a year of cash runway if free cash flow continues to reduce at historical rates of -22.4% each year


Next Steps

Dividend

What is Marinus Pharmaceuticals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 0MV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 0MV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0MV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0MV'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 0MV's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

1.1yrs

Average management tenure


CEO

Scott Braunstein (56yo)

0.5yrs

Tenure

US$209,908

Compensation

Dr. Scott Braunstein, M.D., serves as Chairman of the Board at Proteon Therapeutics, Inc (former name is ArTara Therapeutics, Inc). He has been Chief Executive Officer of Marinus Pharmaceuticals, Inc sinc ...


Leadership Team

NamePositionTenureCompensationOwnership
Scott Braunstein
CEO & Director0.5yrsUS$209.91k0.12% $212.1k
Edward Smith
VP, CFO6.3yrsUS$501.00k0.022% $37.6k
Lisa Caperelli
Executive Director of Investor & Strategic Relations0yrsno datano data
Thomas Lyons
Vice President of Corporate0yrsno datano data
Kimberly McCormick
Vice President Regulatory Affairs0yrsno datano data
Joe Hulihan
Chief Medical Officer1.1yrsno datano data

1.1yrs

Average Tenure

Experienced Management: 0MV's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Scott Braunstein
CEO & Director0.5yrsUS$209.91k0.12% $212.1k
Nicole Vitullo
Independent Chairman of the Board0.5yrsUS$55.00k0.061% $106.8k
Michael Dougherty
Independent Director3yrsUS$52.50k0.011% $19.1k
Timothy Mayleben
Independent Director11.2yrsUS$78.75k0.061% $106.8k
Elan Ezickson
Director0.2yrsno datano data
Seth H. Fischer
Independent Director3.4yrsUS$50.00k0.013% $23.5k
Enrique Carrazana
Independent Director6.3yrsUS$168.58k0.039% $67.5k

3.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 0MV'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: 0MV 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 diluted in the past year, with total shares outstanding growing by 38.1%.


Top Shareholders

Company Information

Marinus Pharmaceuticals, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Marinus Pharmaceuticals, Inc.
  • Ticker: 0MV
  • Exchange: DB
  • Founded: 2003
  • Industry: Pharmaceuticals
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$189.224m
  • Listing Market Cap: US$174.521m
  • Shares outstanding: 82.27m
  • Website: https://www.marinuspharma.com

Number of Employees


Location

  • Marinus Pharmaceuticals, Inc.
  • 170 North Radnor Chester Road
  • Suite 250
  • Radnor
  • Pennsylvania
  • 19087
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MRNSNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDAug 2014
0MVDB (Deutsche Boerse AG)YesCommon StockDEEURAug 2014
MRNS *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNAug 2014
0JYLLSE (London Stock Exchange)YesCommon StockGBUSDAug 2014

Biography

Marinus Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutics to treat epilepsy and neuropsychiatric disorders. Its clinical stage product candidate, ganaxolone, is an allosteric modulator of GABAA, developed in three dose forms, including intravenous (IV), oral capsule, and oral liquid for adult and pediatric patient populations in acute and chronic care, and in-patient and self-administered settings. The company’s ganaxolone product candidate exhibits anti-seizure, anti-depression, and anti-anxiety actions through its effects on synaptic and extrasynaptic GABAA receptors. It is also developing ganaxolone for cyclin-ependent kinase-like 5 deficiency disorder, PCDH19-related epilepsy, postpartum depression, refractory status epilepticus, and other indications. Marinus Pharmaceuticals, Inc. has a collaboration agreement with NovaMedica, LLC; and license and supply agreements with Purdue Neuroscience Company and CyDex Pharmaceuticals, Inc. The company was founded in 2003 and is based in Radnor, Pennsylvania. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 22:18
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.