NasdaqCM:ANIX

Stock Analysis Report

Executive Summary

Anixa Biosciences, Inc., a biotechnology company, researches and develops cancer therapeutics and diagnostics.


Snowflake Analysis

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

How has Anixa Biosciences's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

14.8%

ANIX

2.5%

US Biotechs

-2.0%

US Market


1 Year Return

-65.6%

ANIX

-0.9%

US Biotechs

-15.1%

US Market

Return vs Industry: ANIX underperformed the US Biotechs industry which returned -0.6% over the past year.

Return vs Market: ANIX underperformed the US Market which returned -14.9% over the past year.


Shareholder returns

ANIXIndustryMarket
7 Day14.8%2.5%-2.0%
30 Day-44.8%-8.3%-19.7%
90 Day-50.9%-4.1%-23.2%
1 Year-65.6%-65.6%-0.2%-0.9%-13.4%-15.1%
3 Year-33.3%-33.3%13.8%10.9%10.9%3.7%
5 Year-58.7%-58.7%-7.2%-11.6%28.4%14.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Anixa Biosciences undervalued compared to its fair value and its price relative to the market?

5.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: ANIX 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 ANIX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ANIX is overvalued based on its PB Ratio (5.9x) compared to the US Biotechs industry average (2.6x).


Next Steps

Future Growth

How is Anixa Biosciences forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

1.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: ANIX's revenue (107% per year) is forecast to grow faster than the US market (7.1% per year).

High Growth Revenue: ANIX's revenue (107% per year) 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 ANIX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Anixa Biosciences performed over the past 5 years?

-33.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANIX is currently unprofitable.

Growing Profit Margin: ANIX is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: ANIX is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (22%).


Return on Equity

High ROE: ANIX has a negative Return on Equity (-189.46%), as it is currently unprofitable.


Next Steps

Financial Health

How is Anixa Biosciences's financial position?


Financial Position Analysis

Short Term Liabilities: ANIX's short term assets ($5.9M) exceed its short term liabilities ($1.1M).

Long Term Liabilities: ANIX's short term assets ($5.9M) exceed its long term liabilities ($40.8K).


Debt to Equity History and Analysis

Debt Level: ANIX is debt free.

Reducing Debt: ANIX had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if ANIX'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: ANIX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ANIX has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -22.2% each year.


Next Steps

Dividend

What is Anixa Biosciences's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ANIX'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 ANIX'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?

3.1yrs

Average management tenure


CEO

Amit Kumar (55yo)

2.75s

Tenure

US$665,490

Compensation

Dr. Amit Kumar, Ph.D. is the President and Chief Executive Officer at Anixa Biosciences, Inc since July 6, 2017 and has been its Chairman of the Board and Director since August 23, 2016 and November 30, 20 ...


CEO Compensation Analysis

Compensation vs Market: Amit's total compensation ($USD665.49K) is about average for companies of similar size in the US market ($USD609.32K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Amit Kumar
Chairman2.75yrsUS$665.49k1.02% $331.7k
Michael Catelani
COO, CFO & Corporate Secretary3.42yrsUS$313.02k0.019% $6.1k
John Roop
Senior Vice President of Engineering7.58yrsUS$275.00kno data
Thomas Schlumpberger
Executive Vice President of Diagnostics0.50yrno datano data

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: ANIX's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Amit Kumar
Chairman2.75yrsUS$665.49k1.02% $331.7k
John Monahan
Independent Director3.67yrsUS$144.50k0.24% $78.9k
Lewis Titterton
Lead Independent Director1.75yrsUS$144.50k4.4% $1.4m
H. Shepard
Member of Scientific Advisory Boardno datano datano data
David Cavalier
Independent Director1.58yrsUS$144.50k0.0095% $3.1k
Linda Kelley
Member of Scientific Advisory Board1.5yrsno datano data
Arnold Baskies
Member of Scientific Advisory Board & Independent Directorno dataUS$144.50k0.20% $63.5k
Marco Davila
Member of Scientific Advisory Board1.5yrsno datano data
Dmitry Gabrilovich
Member of Scientific Advisory Boardno datano datano data
Jose Conejo-Garcia
Member of Scientific Advisory Board1.5yrsno datano data

1.6yrs

Average Tenure

68yo

Average Age

Experienced Board: ANIX's board of directors are not considered experienced ( 1.6 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: ANIX 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 10.5%.


Top Shareholders

Company Information

Anixa Biosciences, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Anixa Biosciences, Inc.
  • Ticker: ANIX
  • Exchange: NasdaqCM
  • Founded: 1982
  • Industry: Biotechnology
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$32.561m
  • Shares outstanding: 21.01m
  • Website: https://www.anixa.com

Number of Employees


Location

  • Anixa Biosciences, Inc.
  • 3150 Almaden Expressway
  • Suite 250
  • San Jose
  • California
  • 95118
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ANIXNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 1983
CY71DB (Deutsche Boerse AG)YesCommon StockDEEUROct 1983

Biography

Anixa Biosciences, Inc., a biotechnology company, researches and develops cancer therapeutics and diagnostics. The company develops Cchek, a platform for non-invasive blood tests for the early detection of cancer. It is also developing chimeric antigen receptor T-cell (CAR-T), an immuno-therapy drugs for ovarian cancer. In addition, the company develops vaccines for treatment and prevention of triple negative breast cancer (TNBC) and other breast cancers. Anixa Biosciences, Inc. has a collaborative agreement with Moffitt and the license agreement with Cleveland Clinic. The company was formerly known as ITUS Corporation and changed its name to Anixa Biosciences, Inc. in October 2018. Anixa Biosciences, Inc. was founded in 1982 and is based in San Jose, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/04 04:08
End of Day Share Price2020/04/03 00:00
Earnings2020/01/31
Annual Earnings2019/10/31


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.