KalVista Pharmaceuticals
Market Cap
US$719.2m
Last Updated
2021/03/08 00:25 UTC
Data Sources
Company Financials +
Executive Summary
KalVista Pharmaceuticals, Inc., a clinical stage pharmaceutical company, discovers, develops, and commercializes small molecule protease inhibitors for diseases with unmet needs. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has KalVista Pharmaceuticals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KALV is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 35% a week.
Volatility Over Time: KALV's weekly volatility has increased from 20% to 35% over the past year.
Market Performance
7 Day Return
-6.1%
KALV
-4.3%
US Biotechs
-0.4%
US Market
1 Year Return
132.4%
KALV
24.2%
US Biotechs
36.2%
US Market
Return vs Industry: KALV exceeded the US Biotechs industry which returned 24.2% over the past year.
Return vs Market: KALV exceeded the US Market which returned 36.2% over the past year.
Shareholder returns
| KALV | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.1% | -4.3% | -0.4% |
| 30 Day | 103.0% | -11.8% | -2.9% |
| 90 Day | 60.2% | -1.1% | 5.0% |
| 1 Year | 132.4%132.4% | 26.1%24.2% | 39.1%36.2% |
| 3 Year | 198.1%198.1% | 11.9%6.3% | 48.4%39.0% |
| 5 Year | n/a | 51.2%39.8% | 116.5%92.4% |
Long-Term Price Volatility Vs. Market
How volatile is KalVista Pharmaceuticals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Much Did KalVista Pharmaceuticals' (NASDAQ:KALV) CEO Pocket Last Year?1 month ago | Simply Wall St
Estimating The Fair Value Of KalVista Pharmaceuticals, Inc. (NASDAQ:KALV)2 months ago | Simply Wall St
We're Keeping An Eye On KalVista Pharmaceuticals' (NASDAQ:KALV) Cash Burn RateValuation
Is KalVista Pharmaceuticals undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KALV ($30.88) is trading below our estimate of fair value ($78.95)
Significantly Below Fair Value: KALV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KALV is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.
PE vs Market: KALV 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 KALV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KALV is overvalued based on its PB Ratio (8.5x) compared to the US Biotechs industry average (3.9x).
Next Steps
Future Growth
How is KalVista Pharmaceuticals forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
51.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KALV is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: KALV is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: KALV is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: KALV's revenue (81.8% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: KALV's revenue (81.8% 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 KALV's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has KalVista Pharmaceuticals performed over the past 5 years?
-14.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KALV is currently unprofitable.
Growing Profit Margin: KALV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KALV is unprofitable, and losses have increased over the past 5 years at a rate of 14.7% per year.
Accelerating Growth: Unable to compare KALV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KALV is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-13.6%).
Return on Equity
High ROE: KALV has a negative Return on Equity (-57.12%), as it is currently unprofitable.
Next Steps
Financial Health
How is KalVista Pharmaceuticals's financial position?
Financial Position Analysis
Short Term Liabilities: KALV's short term assets ($72.1M) exceed its short term liabilities ($9.5M).
Long Term Liabilities: KALV's short term assets ($72.1M) exceed its long term liabilities ($932.0K).
Debt to Equity History and Analysis
Debt Level: KALV is debt free.
Reducing Debt: KALV has not had any debt for past 5 years.
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: KALV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KALV has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 26.5% each year.
Next Steps
Dividend
What is KalVista Pharmaceuticals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KALV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KALV'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 KALV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KALV'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 KALV'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?
4.3yrs
Average management tenure
CEO
Andy Crockett (45 yo)
4.33yrs
Tenure
US$1,731,162
Compensation
Mr. Thomas Andrew Crockett, also known as Andy, M.B.A., has been Chief Executive Officer and Director of KalVista Pharmaceuticals, Inc. since November 21, 2016. Mr. Crockett is the Founder of KalVista Pha...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD1.73M) is about average for companies of similar size in the US market ($USD2.21M).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.33yrs | US$1.73m | 0.73% $ 5.2m | |
| Chief Business Officer & CFO | 4.33yrs | US$1.03m | 0.28% $ 2.0m | |
| Chief Development Officer | 4.33yrs | US$926.04k | 0.21% $ 1.5m | |
| Chief Scientific Officer | 4.33yrs | US$1.59m | 0.23% $ 1.7m | |
| Director of Corporate Communications & Investor Relations | no data | no data | no data | |
| Head of Regulatory Affairs and QA | no data | no data | no data | |
| Senior Vice President of Medical | 4yrs | US$416.74k | no data | |
| Senior Vice President of Development | 1.83yrs | no data | no data | |
| Director of Finance and Company Secretary | no data | no data | no data | |
| Vice President of Finance | no data | US$516.08k | no data |
4.3yrs
Average Tenure
54yo
Average Age
Experienced Management: KALV's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.33yrs | US$1.73m | 0.73% $ 5.2m | |
| Independent Chairman | 1.75yrs | US$271.38k | 0% $ 0 | |
| Independent Director | 6.25yrs | US$109.92k | 0% $ 0 | |
| Independent Director | 4.33yrs | US$104.92k | 0% $ 0 | |
| Independent Director | 1.92yrs | US$40.00k | 0.043% $ 308.8k | |
| Independent Director | 2.08yrs | US$47.50k | 0% $ 0 | |
| Board Observer | 5.67yrs | no data | no data | |
| Board Observer | 5.67yrs | no data | no data |
4.3yrs
Average Tenure
54.5yo
Average Age
Experienced Board: KALV's board of directors are considered experienced (4.3 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.6%.
Top Shareholders
Company Information
KalVista Pharmaceuticals, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: KalVista Pharmaceuticals, Inc.
- Ticker: KALV
- Exchange: NasdaqGM
- Founded: NaN
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: US$719.211m
- Shares outstanding: 23.29m
- Website: https://www.kalvista.com
Number of Employees
Location
- KalVista Pharmaceuticals, Inc.
- 55 Cambridge Parkway
- Suite 901 East
- Cambridge
- Massachusetts
- 2142
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KALV | NasdaqGM (Nasdaq Global Market) | Yes | New Ordinary Shares | US | USD | Nov 2016 |
| 4XC1 | DB (Deutsche Boerse AG) | Yes | New Ordinary Shares | DE | EUR | Nov 2016 |
Biography
KalVista Pharmaceuticals, Inc., a clinical stage pharmaceutical company, discovers, develops, and commercializes small molecule protease inhibitors for diseases with unmet needs. The company’s product port...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/08 00:25 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/10/31 |
| Annual Earnings | 2020/04/30 |
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.