NasdaqCM:ACHV

Stock Analysis Report

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Executive Summary

Achieve Life Sciences, Inc., a clinical-stage pharmaceutical company, develops and commercializes of cytisinicline for smoking cessation aids in the United States and internationally. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Achieve Life Sciences's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.2%

ACHV

-4.0%

US Biotechs

-1.4%

US Market


1 Year Return

-69.6%

ACHV

31.7%

US Biotechs

17.8%

US Market

Return vs Industry: ACHV underperformed the US Biotechs industry which returned 33.9% over the past year.

Return vs Market: ACHV underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

ACHVIndustryMarket
7 Day-0.2%-4.0%-1.4%
30 Day-7.2%0.1%4.7%
90 Day-10.6%-3.5%8.2%
1 Year-69.6%-69.6%34.0%31.7%20.5%17.8%
3 Year-98.0%-98.0%18.7%12.8%42.2%32.7%
5 Yearn/a13.4%5.4%83.4%62.7%

Price Volatility Vs. Market

How volatile is Achieve Life Sciences's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Achieve Life Sciences undervalued compared to its fair value and its price relative to the market?

1.17x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ACHV is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.

PE vs Market: ACHV is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ACHV is good value based on its PB Ratio (1.2x) compared to the US Biotechs industry average (3.4x).


Next Steps

Future Growth

How is Achieve Life Sciences forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

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

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


Next Steps

  • Explore growth companies in the Pharmaceuticals & Biotech industry.

Past Performance

How has Achieve Life Sciences performed over the past 5 years?

-33.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACHV is currently unprofitable.

Growing Profit Margin: ACHV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ACHV is unprofitable, and losses have increased over the past 5 years at a rate of 33.4% per year.

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

Earnings vs Industry: ACHV is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-3.2%).


Return on Equity

High ROE: ACHV has a negative Return on Equity (-90.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Achieve Life Sciences's financial position?


Financial Position Analysis

Short Term Liabilities: ACHV's short term assets ($12.7M) exceed its short term liabilities ($1.8M).

Long Term Liabilities: ACHV's short term assets ($12.7M) exceed its long term liabilities ($110.0K).


Debt to Equity History and Analysis

Debt Level: ACHV is debt free.

Reducing Debt: ACHV had no debt 5 years ago.


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: ACHV has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: ACHV is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Achieve Life Sciences's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ACHV'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 ACHV's dividends per share have been stable in the past.

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


Next Steps

Management

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

0.08yrs

Average management tenure


CEO

John Bencich (43 yo)

0.083

Tenure

US$570,547

Compensation

Mr. John A. Bencich, M.B.A., serves as Chief Executive Officer and Director at Achieve Life Sciences, Inc since September 2020. He served as an Executive Vice President and Chief Operating Officer at Achie ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD570.55K) is about average for companies of similar size in the US market ($USD589.00K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Richard A. Stewart
Executive Chairman5.42yrsUS$796.64k0.31%
$ 96.1k
John Bencich
CEO & Director0.083yrUS$570.55k0.0039%
$ 1.2k
Cindy Jacobs
President & Chief Medical Officer0.083yrUS$580.86k0.0049%
$ 1.5k
Anthony Clark
Chief Scientific Officer3.17yrsUS$589.66k0.13%
$ 39.8k
Jerry Wan
Principal Accounting Officerno datano datano data
Jaime Xinos
Executive Vice President of Commercial3.75yrsno datano data

0.08yrs

Average Tenure

61.5yo

Average Age

Experienced Management: ACHV's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Richard A. Stewart
Executive Chairman5.42yrsUS$796.64k0.31%
$ 96.1k
John Bencich
CEO & Director0.083yrUS$570.55k0.0039%
$ 1.2k
H. Parker
Independent Non-Employee Director10.58yrsUS$81.53k0.00017%
$ 53.4
Jay Moyes
Independent Non-Employee Director3.17yrsUS$80.03k0%
$ 0
Scott Cormack
Non-Employee Director12.17yrsUS$61.53k0.0034%
$ 1.1k
Donald Joseph
Lead Independent Directorno dataUS$97.53k0%
$ 0
Martin Mattingly
Independent Non-Employee Director10.33yrsUS$82.53k0.00014%
$ 43.9

7.9yrs

Average Tenure

63yo

Average Age

Experienced Board: ACHV's board of directors are considered experienced (7.9 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 substantially diluted in the past year, with total shares outstanding growing by 786%.


Top Shareholders

Company Information

Achieve Life Sciences, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Achieve Life Sciences, Inc.
  • Ticker: ACHV
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Biotechnology
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$31.388m
  • Shares outstanding: 3.59m
  • Website: https://www.achievelifesciences.com

Number of Employees


Location

  • Achieve Life Sciences, Inc.
  • 1040 West Georgia Street
  • Suite 1030
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACHVNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDAug 2017
SP4PDB (Deutsche Boerse AG)YesCommon StockDEEURAug 2017

Biography

Achieve Life Sciences, Inc., a clinical-stage pharmaceutical company, develops and commercializes of cytisinicline for smoking cessation aids in the United States and internationally. The company offers cy ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 01:13
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.