MNKD Stock Overview
MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for endocrine and orphan lung diseases in the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.96|
|52 Week High||US$5.53|
|52 Week Low||US$2.49|
|1 Month Change||-10.81%|
|3 Month Change||3.94%|
|1 Year Change||-25.14%|
|3 Year Change||253.57%|
|5 Year Change||197.74%|
|Change since IPO||-94.38%|
Recent News & Updates
|MNKD||US Biotechs||US Market|
Return vs Industry: MNKD matched the US Biotechs industry which returned -24.3% over the past year.
Return vs Market: MNKD underperformed the US Market which returned -18.4% over the past year.
|MNKD Average Weekly Movement||12.2%|
|Biotechs Industry Average Movement||13.2%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: MNKD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: MNKD's weekly volatility (12%) has been stable over the past year.
About the Company
MannKind Corporation, a biopharmaceutical company, focuses on the development and commercialization of inhaled therapeutic products for endocrine and orphan lung diseases in the United States. It offers Afrezza, an inhaled insulin used to improve glycemic control in adults with diabetes. It also promotes Thyquidity to adult and pediatric endocrinologists, and other healthcare providers for the treatment of hypothyroidism.
MannKind Fundamentals Summary
|MNKD fundamental statistics|
Is MNKD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MNKD income statement (TTM)|
|Cost of Revenue||US$42.25m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.37|
|Net Profit Margin||-134.30%|
How did MNKD perform over the long term?See historical performance and comparison
Is MNKD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MNKD?
Other financial metrics that can be useful for relative valuation.
|What is MNKD's n/a Ratio?|
Price to Sales Ratio vs Peers
How does MNKD's PS Ratio compare to its peers?
|MNKD PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
EDIT Editas Medicine
MORF Morphic Holding
Price-To-Sales vs Peers: MNKD is good value based on its Price-To-Sales Ratio (14.3x) compared to the peer average (26.6x).
Price to Earnings Ratio vs Industry
How does MNKD's PE Ratio compare vs other companies in the US Biotechs Industry?
Price-To-Sales vs Industry: MNKD is expensive based on its Price-To-Sales Ratio (14.3x) compared to the US Biotechs industry average (14.1x)
Price to Sales Ratio vs Fair Ratio
What is MNKD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||14.3x|
|Fair PS Ratio||7.8x|
Price-To-Sales vs Fair Ratio: MNKD is expensive based on its Price-To-Sales Ratio (14.3x) compared to the estimated Fair Price-To-Sales Ratio (7.8x).
Share Price vs Fair Value
What is the Fair Price of MNKD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MNKD ($3.96) is trading below our estimate of fair value ($9.88)
Significantly Below Fair Value: MNKD is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MNKD's PEG Ratio to determine if it is good value.
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How is MannKind forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNKD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: MNKD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MNKD is expected to become profitable in the next 3 years.
Revenue vs Market: MNKD's revenue (35% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: MNKD's revenue (35% 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 MNKD's Return on Equity is forecast to be high in 3 years time
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How has MannKind performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNKD is currently unprofitable.
Growing Profit Margin: MNKD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MNKD is unprofitable, and losses have increased over the past 5 years at a rate of 20.5% per year.
Accelerating Growth: Unable to compare MNKD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MNKD is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (96.9%).
Return on Equity
High ROE: MNKD's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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How is MannKind's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MNKD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MNKD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MNKD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MNKD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: MNKD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MNKD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is MannKind current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MNKD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MNKD'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 MNKD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MNKD's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MNKD has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Castagna (44 yo)
Dr. Michael E. Castagna, Pharm D., has been Chief Executive Officer of MannKind Corporation since May 25, 2017. Dr. Castagna served as Chief Commercial Officer of MannKind Corporation since March 14, 2016...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD4.03M) is about average for companies of similar size in the US market ($USD4.02M).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Experienced Management: MNKD's management team is seasoned and experienced (5 years average tenure).
Experienced Board: MNKD's board of directors are considered experienced (3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MannKind Corporation's employee growth, exchange listings and data sources
- Name: MannKind Corporation
- Ticker: MNKD
- Exchange: NasdaqGM
- Founded: 1991
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Implied Market Cap: US$1.000b
- Shares outstanding: 252.57m
- Website: https://www.mannkindcorp.com
Number of Employees
- MannKind Corporation
- 30930 Russell Ranch Road
- Suite 300
- Westlake Village
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/27 00:00|
|End of Day Share Price||2022/06/27 00:00|
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.