Market Cap
US$1.5b
Last Updated
2021/04/13 22:38 UTC
Data Sources
Company Financials +
Executive Summary
Immunovant, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of autoimmune diseases. More Details
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Immunovant's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IMVT is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: IMVT's weekly volatility has increased from 12% to 18% over the past year.
Market Performance
7 Day Return
-1.0%
IMVT
-1.2%
US Biotechs
1.3%
US Market
1 Year Return
-9.7%
IMVT
26.8%
US Biotechs
53.9%
US Market
Return vs Industry: IMVT underperformed the US Biotechs industry which returned 29.2% over the past year.
Return vs Market: IMVT underperformed the US Market which returned 57.9% over the past year.
Shareholder returns
| IMVT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.2% | 1.3% |
| 30 Day | -8.9% | -3.7% | 2.8% |
| 90 Day | -64.9% | -6.3% | 6.6% |
| 1 Year | -9.7%-9.7% | 28.5%26.8% | 56.6%53.9% |
| 3 Year | n/a | 25.1%19.3% | 62.7%52.3% |
| 5 Year | n/a | 42.7%31.9% | 120.5%95.9% |
Long-Term Price Volatility Vs. Market
How volatile is Immunovant's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 hours ago | Simply Wall St
Should You Take Comfort From Insider Transactions At Immunovant, Inc. (NASDAQ:IMVT)?3 months ago | Simply Wall St
Have Insiders Been Buying Immunovant, Inc. (NASDAQ:IMVT) Shares?Valuation
Is Immunovant undervalued compared to its fair value and its price relative to the market?
3.66x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate IMVT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate IMVT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: IMVT is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.
PE vs Market: IMVT 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 IMVT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IMVT's PB Ratio (3.6x) is in line with the US Biotechs industry average.
Future Growth
How is Immunovant forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
26.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMVT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: IMVT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: IMVT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if IMVT's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if IMVT's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IMVT is forecast to be unprofitable in 3 years.
Past Performance
How has Immunovant performed over the past 5 years?
-81.5%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: IMVT is currently unprofitable.
Growing Profit Margin: IMVT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if IMVT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare IMVT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IMVT is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-7.3%).
Return on Equity
High ROE: IMVT has a negative Return on Equity (-24.1%), as it is currently unprofitable.
Financial Health
How is Immunovant's financial position?
Financial Position Analysis
Short Term Liabilities: IMVT's short term assets ($429.4M) exceed its short term liabilities ($16.5M).
Long Term Liabilities: IMVT's short term assets ($429.4M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: IMVT is debt free.
Reducing Debt: IMVT 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: IMVT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IMVT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 15.1% each year
Dividend
What is Immunovant current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IMVT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IMVT'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 IMVT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IMVT'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 IMVT'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?
1.0yrs
Average management tenure
CEO
Pete Salzmann (53 yo)
1.83yrs
Tenure
US$8,806,834
Compensation
Dr. Peter Salzmann, also known as Pete, M.D., M.B.A. is the Chief Executive Officer of Immunovant, Inc. since June 2019 and has been its Director since October 2019. Dr. Salzmann serves as Non-Independent ...
CEO Compensation Analysis
Compensation vs Market: Pete's total compensation ($USD8.81M) is above average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Insufficient data to compare Pete's compensation with company performance.
Leadership Team
Experienced Management: IMVT's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: IMVT's board of directors are not considered experienced ( 1.5 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: Insufficient data to determine if 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 substantially diluted in the past year, with total shares outstanding growing by 79.3%.
Top Shareholders
Company Information
Immunovant, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Immunovant, Inc.
- Ticker: IMVT
- Exchange: NasdaqGS
- Founded: NaN
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: US$1.517b
- Shares outstanding: 97.97m
- Website: https://www.immunovant.com
Number of Employees
Location
- Immunovant, Inc.
- 320 West 37th Street
- New York
- New York
- 10018
- United States
Listings
Biography
Immunovant, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of autoimmune diseases. It develops IMVT-1401, a novel fully human monoclonal antibody that se...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:38 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
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.