Mendus Valuation
Is IMMU undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of IMMU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IMMU (SEK8.32) is trading above our estimate of fair value (SEK1.16)
Significantly Below Fair Value: IMMU is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IMMU?
Key metric: As IMMU barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.
| What is IMMU's PB Ratio? | |
|---|---|
| PB Ratio | 0.6x |
| Book | SEK 675.69m |
| Market Cap | SEK 418.89m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 47.9x |
| Enterprise Value/EBITDA | -2.4x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does IMMU's PB Ratio compare to its peers?
| Company | Forward PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 12.8x | ||
XBRANE Xbrane Biopharma | 1.1x | 130.2% | SEK 294.6m |
VIVE Vivesto | 0.9x | 21.8% | SEK 150.1m |
SANION Saniona | 46.9x | 40.2% | SEK 325.0m |
SENZA SenzaGen | 2.4x | 120.0% | SEK 211.0m |
IMMU Mendus | 0.6x | 92.4% | SEK 418.9m |
Price-To-Book vs Peers: IMMU is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (12.8x).
Price to Book Ratio vs Industry
How does IMMU's PB Ratio compare vs other companies in the SE Biotechs Industry?
Price-To-Book vs Industry: IMMU is good value based on its Price-To-Book Ratio (0.6x) compared to the Swedish Biotechs industry average (2.4x).
Price to Book Ratio vs Fair Ratio
What is IMMU's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 0.6x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate IMMU's Price-To-Book Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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