Minerva Neurosciences
Market Cap
US$134.0m
Last Updated
2021/03/02 00:21 UTC
Data Sources
Company Financials +
Executive Summary
Minerva Neurosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of a portfolio of product candidates for the treatment of central nervous system diseases. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Excellent balance sheet with limited growth.
Share Price & News
How has Minerva Neurosciences's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NERV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: NERV's weekly volatility has decreased from 16% to 11% over the past year.
Market Performance
7 Day Return
-10.0%
NERV
-1.4%
US Biotechs
-1.3%
US Market
1 Year Return
-58.4%
NERV
30.7%
US Biotechs
41.9%
US Market
Return vs Industry: NERV underperformed the US Biotechs industry which returned 33.7% over the past year.
Return vs Market: NERV underperformed the US Market which returned 36.5% over the past year.
Shareholder returns
| NERV | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.0% | -1.4% | -1.3% |
| 30 Day | -1.6% | -0.5% | 7.5% |
| 90 Day | 8.7% | 7.4% | 15.9% |
| 1 Year | -58.4%-58.4% | 32.7%30.7% | 44.8%41.9% |
| 3 Year | -41.3%-41.3% | 19.9%13.8% | 49.1%41.0% |
| 5 Year | -40.5%-40.5% | 51.6%40.5% | 113.1%92.8% |
Long-Term Price Volatility Vs. Market
How volatile is Minerva Neurosciences's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
What You Need To Know About Minerva Neurosciences, Inc.'s (NASDAQ:NERV) Investor Composition2 months ago | Simply Wall St
We're Keeping An Eye On Minerva Neurosciences' (NASDAQ:NERV) Cash Burn Rate3 months ago | Simply Wall St
A Look At Minerva Neurosciences' (NASDAQ:NERV) Share Price ReturnsValuation
Is Minerva Neurosciences undervalued compared to its fair value and its price relative to the market?
2.31x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: NERV ($3.14) is trading above our estimate of fair value ($1.2)
Significantly Below Fair Value: NERV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NERV is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.
PE vs Market: NERV 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 NERV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NERV is good value based on its PB Ratio (2.3x) compared to the US Biotechs industry average (4.2x).
Next Steps
Future Growth
How is Minerva Neurosciences forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
22.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NERV is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NERV is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NERV is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NERV's revenue (29.8% per year) is forecast to grow faster than the US market (10.4% per year).
High Growth Revenue: NERV's revenue (29.8% 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 NERV's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Minerva Neurosciences performed over the past 5 years?
-12.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NERV is currently unprofitable.
Growing Profit Margin: NERV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NERV is unprofitable, and losses have increased over the past 5 years at a rate of 12.5% per year.
Accelerating Growth: Unable to compare NERV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NERV is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-21.9%).
Return on Equity
High ROE: NERV has a negative Return on Equity (-35.59%), as it is currently unprofitable.
Next Steps
Financial Health
How is Minerva Neurosciences's financial position?
Financial Position Analysis
Short Term Liabilities: NERV's short term assets ($35.0M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: NERV's short term assets ($35.0M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: NERV is debt free.
Reducing Debt: NERV has no debt compared to 5 years ago when its debt to equity ratio was 15.7%.
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: NERV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NERV has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 5.6% each year.
Next Steps
Dividend
What is Minerva Neurosciences's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NERV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NERV'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 NERV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NERV'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 NERV'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?
6.3yrs
Average management tenure
CEO
Rémy Luthringer (59 yo)
6.25yrs
Tenure
US$1,164,934
Compensation
Dr. Rémy Luthringer serves as a Clinical Advisor to the Medicxi investment team and a Member of the Co-Founding team at Medicxi Ventures (UK) LLP. He has played an active role in several Index Ventures. He...
CEO Compensation Analysis
Compensation vs Market: Rémy's total compensation ($USD1.16M) is above average for companies of similar size in the US market ($USD511.69K).
Compensation vs Earnings: Rémy's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 6.25yrs | US$1.16m | 2.33% $ 3.1m | |
| Executive VP | 6.75yrs | US$850.42k | 0.50% $ 663.7k | |
| Senior VP & COO | 6.58yrs | US$1.49m | 0.074% $ 99.7k | |
| Senior VP & Chief Accounting Officer | 6.58yrs | US$845.36k | 0.024% $ 31.5k | |
| Vice President of Investor Relations & Corporate Communications | 5.5yrs | no data | no data | |
| Senior VP | 2.58yrs | US$2.24m | no data | |
| Chief Medical Officer | 4.17yrs | US$2.84m | no data | |
| Senior VP and Head of Research & Development | no data | no data | no data |
6.3yrs
Average Tenure
59yo
Average Age
Experienced Management: NERV's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 6.25yrs | US$1.16m | 2.33% $ 3.1m | |
| Lead Independent Director | 3yrs | US$189.80k | 0.061% $ 82.0k | |
| Independent Director | 2.58yrs | US$112.45k | 0.0023% $ 3.1k | |
| Independent Director | 6.58yrs | US$112.45k | 0.048% $ 63.9k | |
| Independent Director | 3.17yrs | US$111.20k | 0.023% $ 31.4k | |
| Independent Director | 5.25yrs | US$109.20k | 0.58% $ 776.0k | |
| Independent Director | 5.75yrs | US$107.20k | 0% $ 0 |
3.2yrs
Average Tenure
62yo
Average Age
Experienced Board: NERV's board of directors are considered experienced (3.2 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 9.4%.
Top Shareholders
Company Information
Minerva Neurosciences, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Minerva Neurosciences, Inc.
- Ticker: NERV
- Exchange: NasdaqGM
- Founded: 2007
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: US$133.998m
- Shares outstanding: 42.67m
- Website: https://www.minervaneurosciences.com
Number of Employees
Location
- Minerva Neurosciences, Inc.
- 1601 Trapelo Road
- Suite 286
- Waltham
- Massachusetts
- 2451
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NERV | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Jul 2014 |
| 4MN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 2014 |
Biography
Minerva Neurosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of a portfolio of product candidates for the treatment of central nervous system di...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 00:21 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.