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Savara

Nasdaq:SVRA
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SVRA
Nasdaq
$99M
Market Cap
  1. Home
  2. US
  3. Pharmaceuticals & Biotech
Company description

Savara Inc. operates as an orphan lung disease company. The last earnings update was 46 days ago. More info.


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  • Savara has significant price volatility in the past 3 months.
SVRA Share Price and Events
7 Day Returns
10.5%
NasdaqGS:SVRA
5.9%
US Biotechs
2.2%
US Market
1 Year Returns
-78.3%
NasdaqGS:SVRA
-4.3%
US Biotechs
3.8%
US Market
SVRA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Savara (SVRA) 10.5% -76.7% -66.8% -78.3% - -
US Biotechs 5.9% 4.6% 1.7% -4.3% 22.4% 12%
US Market 2.2% 4.2% 4.4% 3.8% 43% 40.9%
1 Year Return vs Industry and Market
  • SVRA underperformed the Biotechs industry which returned -4.3% over the past year.
  • SVRA underperformed the Market in United States of America which returned 3.8% over the past year.
Price Volatility
SVRA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Savara undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Savara to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Savara.

NasdaqGS:SVRA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SVRA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Biotechs Unlevered Beta Simply Wall St/ S&P Global 1.32
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.325 (1 + (1- 21%) (26.09%))
1.401
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.4
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.401 * 5.96%)
11.08%

Discounted Cash Flow Calculation for NasdaqGS:SVRA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Savara is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:SVRA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 11.08%)
2019 -54.89 Analyst x2 -49.41
2020 -84.03 Analyst x3 -68.11
2021 -14.01 Analyst x1 -10.22
2022 38.35 Analyst x1 25.19
2023 112.72 Analyst x1 66.66
2024 191.38 Est @ 69.78% 101.89
2025 286.43 Est @ 49.67% 137.29
2026 388.36 Est @ 35.59% 167.58
2027 488.28 Est @ 25.73% 189.69
2028 580.21 Est @ 18.83% 202.92
Present value of next 10 years cash flows $763.49
NasdaqGS:SVRA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $580.21 × (1 + 2.73%) ÷ (11.08% – 2.73%)
$7,140.63
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7,140.63 ÷ (1 + 11.08%)10
$2,497.36
NasdaqGS:SVRA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $763.49 + $2,497.36
$3,260.85
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,260.85 / 37.72
$86.45
NasdaqGS:SVRA Discount to Share Price
Calculation Result
Value per share (USD) From above. $86.45
Current discount Discount to share price of $2.63
= -1 x ($2.63 - $86.45) / $86.45
97%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Savara is available for.
Intrinsic value
>50%
Share price is $2.63 vs Future cash flow value of $86.45
Current Discount Checks
For Savara to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Savara's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Savara's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Savara's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Savara's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SVRA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-1.35
NasdaqGS:SVRA Share Price ** NasdaqGS (2019-06-21) in USD $2.63
United States of America Biotechs Industry PE Ratio Median Figure of 35 Publicly-Listed Biotechs Companies 19.23x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Savara.

NasdaqGS:SVRA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SVRA Share Price ÷ EPS (both in USD)

= 2.63 ÷ -1.35

-1.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Savara is loss making, we can't compare its value to the US Biotechs industry average.
  • Savara is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Savara's expected growth come at a high price?
Raw Data
NasdaqGS:SVRA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
53.3%per year
United States of America Biotechs Industry PEG Ratio Median Figure of 26 Publicly-Listed Biotechs Companies 1.04x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Savara, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Savara's assets?
Raw Data
NasdaqGS:SVRA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $2.84
NasdaqGS:SVRA Share Price * NasdaqGS (2019-06-21) in USD $2.63
United States of America Biotechs Industry PB Ratio Median Figure of 431 Publicly-Listed Biotechs Companies 3.01x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.81x
NasdaqGS:SVRA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SVRA Share Price ÷ Book Value per Share (both in USD)

= 2.63 ÷ 2.84

0.93x

* Primary Listing of Savara.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Savara is good value based on assets compared to the US Biotechs industry average.
X
Value checks
We assess Savara's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Biotechs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Biotechs industry average (and greater than 0)? (1 check)
  5. Savara has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Savara expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
53.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Savara expected to grow at an attractive rate?
  • Savara's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Savara's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Savara's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SVRA Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SVRA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 53.3%
United States of America Biotechs Industry Earnings Growth Rate Market Cap Weighted Average 22.9%
United States of America Biotechs Industry Revenue Growth Rate Market Cap Weighted Average 18.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:SVRA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SVRA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 284 -16 97 4
2022-12-31 128 -108 -8 4
2021-12-31 32 -167 -86 5
2020-12-31 2 -139 -76 6
2019-12-31 0 -70 -57 6
NasdaqGS:SVRA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 -40 -47
2018-12-31 -39 -62
2018-09-30 -38 -58
2018-06-30 -38 -52
2018-03-31 -35 -53
2017-12-31 -28 -31
2017-09-30 0 -21 -28
2017-06-30 0 -16 -25
2017-03-31 0 -9 -14
2016-12-31 0 -8 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Savara's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Savara is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:SVRA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Savara Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SVRA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 3.64 6.24 1.04 2.00
2022-12-31 1.66 2.11 1.21 2.00
2021-12-31 -1.55 0.47 -4.35 5.00
2020-12-31 -2.14 -1.23 -4.18 5.00
2019-12-31 -1.58 -1.45 -1.91 5.00
NasdaqGS:SVRA Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -1.35
2018-12-31 -1.85
2018-09-30 -1.86
2018-06-30 -1.81
2018-03-31 -2.16
2017-12-31 -1.76
2017-09-30 -2.55
2017-06-30 -4.36
2017-03-31 -6.28
2016-12-31 -5.62

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Savara will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Savara's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Savara has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Savara performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Savara's growth in the last year to its industry (Biotechs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Savara does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Savara's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Savara's 1-year growth to the US Biotechs industry average as it is not currently profitable.
Earnings and Revenue History
Savara's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Savara Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SVRA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 -46.78 11.12 38.65
2018-12-31 -61.52 10.39 37.17
2018-09-30 -57.51 7.78 33.75
2018-06-30 -51.76 8.58 29.21
2018-03-31 -52.63 6.91 24.10
2017-12-31 -30.78 6.64 18.51
2017-09-30 0.40 -28.27 7.17 15.56
2017-06-30 0.40 -24.72 4.21 12.74
2017-03-31 0.40 -14.32 4.11 9.87
2016-12-31 0.40 -11.02 2.82 8.18
2015-12-31 0.05 -9.18 1.65 4.32
2014-12-31 1.55 -6.40 1.56 5.43

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Savara has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Savara has efficiently used its assets last year compared to the US Biotechs industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Savara improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Savara's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Biotechs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Savara has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Savara's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Savara's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Savara is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Savara's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Savara's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Savara Company Filings, last reported 2 months ago.

NasdaqGS:SVRA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 101.80 24.68 105.34
2018-12-31 108.22 24.53 110.94
2018-09-30 117.85 15.11 112.20
2018-06-30 82.71 15.00 74.90
2018-03-31 93.70 14.88 85.17
2017-12-31 119.31 14.78 94.51
2017-09-30 74.65 14.68 53.46
2017-06-30 79.77 14.58 61.46
2017-03-31 3.52 3.60 10.48
2016-12-31 8.29 3.45 13.47
2015-12-31 15.93 0.00 16.68
2014-12-31
  • Savara's level of debt (24.2%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Savara's debt level has increased without past 5-year debt data.
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.

  • Savara has sufficient cash runway for 2.6 years based on current free cash flow.
  • Savara has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 59.3% each year.
X
Financial health checks
We assess Savara's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Savara has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Savara dividends.
If you bought $2,000 of Savara shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Savara's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Savara's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:SVRA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Global Biotechs Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:SVRA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Savara has not reported any payouts.
  • Unable to verify if Savara's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Savara's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Savara has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Savara's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Savara afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Savara has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Savara's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rob Neville
COMPENSATION $4,115,474
AGE 52
TENURE AS CEO 11 years
CEO Bio

Mr. Robert Neville, also known as Rob, Co-founded Savara Inc. in June 2008 and has been its Chief Executive Officer since June 2008. Mr. Neville has been the Executive Chairman of Savara, Inc. since June 2008. Mr. Neville Co-founded Evity, Inc. in 1999 and served as its Chief Executive Officer from June 1998 to May 2000. Mr. Neville founded the management consulting company Clockwise Consulting. From January 2003 to December 2004, he served as Managing Director of Clockwise Consulting, where he worked with the Texas Children’s Hospital and the Baylor College of Medicine to develop an ICU-based monitoring and diagnostic device. From June 2000 to December 2002, he served as Vice President of Engineering at BMC Software, a software company providing information technology management solutions, where he oversaw the integration and expansion of the product line based on the acquisition of his previous company, Evity, Inc. Mr. Neville partnered with local biotech companies, the Texas Children's Hospital and the Baylor College of Medicine in Houston to develop an ICU-based monitoring and diagnostic device. He was honored as a finalist for the Ernst & Young Entrepreneur of the Year award. He holds a post-graduate Engineering degree from the University of Natal South Africa.

CEO Compensation
  • Rob's compensation has increased whilst company is loss making.
  • Rob's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Savara management team in years:

2.4
Average Tenure
52
Average Age
  • The tenure for the Savara management team is about average.
Management Team

Rob Neville

TITLE
Co-Founder
COMPENSATION
$4M
AGE
52
TENURE
11 yrs

Jaakko Jouhikainen

TITLE
President & COO
COMPENSATION
$4M
AGE
52
TENURE
2.2 yrs

Dave Lowrance

TITLE
CFO & Secretary
COMPENSATION
$2M
AGE
50
TENURE
2.6 yrs

Anne Erickson

TITLE
Vice President of Investor Relations & Corporate Communications

Kate McCabe

TITLE
Vice President of Legal Affairs
TENURE
1.3 yrs

John Lord

TITLE
Senior VP and Head of Research & Development

Cecilia Ganslandt

TITLE
Head of Clinical Development

Inge Tarnow

TITLE
Head of Nonclinical Development

Mette Vinge

TITLE
Head of Regulatory Affairs
Board of Directors Tenure

Average tenure and age of the Savara board of directors in years:

8.3
Average Tenure
55
Average Age
  • The tenure for the Savara board of directors is about average.
Board of Directors

Rob Neville

TITLE
Co-Founder
COMPENSATION
$4M
AGE
52
TENURE
11 yrs

Nevan Elam

TITLE
Director
COMPENSATION
$118K
AGE
51
TENURE
10.3 yrs

Yuri Pikover

TITLE
Director
COMPENSATION
$120K
AGE
57
TENURE
5.7 yrs

David Ramsay

TITLE
Director
COMPENSATION
$123K
AGE
53
TENURE
8 yrs

Rick Hawkins

TITLE
Director
COMPENSATION
$113K
AGE
69
TENURE
8.7 yrs

Joe McCracken

TITLE
Director
COMPENSATION
$114K
AGE
64
TENURE
5.7 yrs

Patrick Flume

TITLE
Member of Clinical Advisory Board

Mike Konstan

TITLE
Member of Clinical Advisory Board

Elliott Dasenbrook

TITLE
Member of Clinical Advisory Board

Felix Ratjen

TITLE
Member of Clinical Advisory Board
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Savara individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Jun 19 Buy David Ramsay Individual 17. Jun 19 18. Jun 19 40,215 $2.39 $95,355
21. Dec 18 Buy Robert Neville Individual 21. Dec 18 21. Dec 18 23,517 $6.38 $149,994
X
Management checks
We assess Savara's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Savara has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Easy Come, Easy Go: How Savara (NASDAQ:SVRA) Shareholders Got Unlucky And Saw 83% Of Their Cash Evaporate

Check out our latest analysis for Savara Savara didn't have any revenue in the last year, so it's fair to say it doesn't yet have a proven product (or at least not one people are paying for). … NasdaqGS:SVRA Historical Debt, June 19th 2019 It can be extremely risky to invest in a company that doesn't even have revenue. … With the stock down 70% over the last three months, the market doesn't seem to believe that the company has solved all its problems.

Simply Wall St -

Do Directors Own Savara Inc. (NASDAQ:SVRA) Shares?

We also tend to see lower insider ownership in companies that were previously publicly owned. … Savara is a smaller company with a market capitalization of US$425m, so it may still be flying under the radar of many institutional investors. … Private Company Ownership It seems that Private Companies own 18%, of the SVRA stock.

Simply Wall St -

Read This Before Selling Savara Inc. (NASDAQ:SVRA) Shares

We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in Savara Inc. … Even though the purchase was made at a significantly lower price than the recent price (US$10.70), we still think insider buying is a positive

Simply Wall St -

Breakeven On The Horizon For Savara Inc. (NASDAQ:SVRA)

The US$287m market-cap company announced a latest loss of -US$61.5m on 31 December 2018 for its most recent financial year result. … As path to profitability is the topic on SVRA’s investors mind, I’ve decided to gauge market sentiment. … Check out our latest analysis for Savara

Simply Wall St -

The Savara Share Price Is Down 42% So Some Shareholders Are Getting Worried

Because Savara hasn't been listed for many years, the market is still learning about how the business performs. … With just US$400,000 worth of revenue in twelve months, we don't think the market Savara has proven its business plan. … There is almost always a chance they will need to raise more capital, and their progress - and share price - will dictate how dilutive that is to current holders.

Simply Wall St -

Are Insiders Buying Savara Inc. (NASDAQ:SVRA) Stock?

So we'll take a look at whether insiders have been buying or selling shares in Savara Inc. … The Last 12 Months Of Insider Transactions At Savara. … So it's clear an insider wanted to buy, at around the current price

Simply Wall St -

Calculating The Fair Value Of Savara Inc (NASDAQ:SVRA)

Does the December share price for Savara Inc (NASDAQ:SVRA) reflect it's really worth? … by taking the foreast future cash flows of the company and discounting them back to today's value. … discounted cash flows (DCF).

Simply Wall St -

Should You Worry About The Savara Inc's (NASDAQ:SVRA) Shareholder Register?

The big shareholder groups in Savara Inc (NASDAQ:SVRA) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … Savara is not a large company by global standards.

Simply Wall St -

Is Savara Inc (NASDAQ:SVRA) Expensive For A Reason? A Look At The Intrinsic Value

I am going to run you through how I calculated the intrinsic value of Savara Inc (NASDAQ:SVRA). … by taking the foreast future cash flows of the company and discounting them back to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Best-In-Class Growth Stocks

The company size now stands at 23 people and with the company's market cap sitting at USD $288.32M, it falls under the small-cap category. … MSFT’s projected future profit growth is a robust 27.87%, with an underlying 30.91% growth from its revenues expected over the upcoming years. … NasdaqGS:MSFT Future Profit Jun 10th 18 For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.

Simply Wall St -

Company Info

Description

Savara Inc. operates as an orphan lung disease company. Its lead product candidate includes Molgradex, an inhaled granulocyte-macrophage colony-stimulating factor, which is in Phase III development stage for the treatment of autoimmune pulmonary alveolar proteinosis; and in Phase IIa development stage for treating nontuberculous mycobacterial lung infection. The company is also developing AeroVanc, an inhaled vancomycin that is in Phase III stage for the treatment of methicillin-resistant Staphylococcus aureus lung infection in individuals living with cystic fibrosis. Savara Inc. is headquartered in Austin, Texas.

Details
Name: Savara Inc.
SVRA
Exchange: NasdaqGS
Founded:
$99,206,592
37,721,138
Website: http://www.savarapharma.com
Address: Savara Inc.
Building 3,
Suite 200,
Austin,
Texas, 78746,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SVRA Common Stock Nasdaq Global Select US USD 28. Apr 2017
DB YB4P Common Stock Deutsche Boerse AG DE EUR 28. Apr 2017
Number of employees
Current staff
Staff numbers
39
Savara employees.
Industry
Biotechnology
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 00:55
End of day share price update: 2019/06/21 00:00
Last estimates confirmation: 2019/06/19
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.