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TCRR

TCR2 TherapeuticsNasdaqGS:TCRR Stock Report

Market Cap

US$331.5m

7D

-13.1%

1Y

-53.2%

Updated

26 Sep, 2021

Data

Company Financials +
TCRR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TCRR Overview

TCR2 Therapeutics Inc., a clinical-stage immunotherapy company, develops novel T cell receptor therapies for patients suffering from cancer.

Price History & Performance

Summary of all time highs, changes and price drops for TCR2 Therapeutics
Historical stock prices
Current Share PriceUS$8.68
52 Week HighUS$8.63
52 Week LowUS$35.86
Beta2.09
1 Month Change-46.72%
3 Month Change-50.06%
1 Year Change-53.16%
3 Year Changen/a
5 Year Changen/a
Change since IPO-42.40%

Recent News & Updates

Shareholder Returns

TCRRUS BiotechsUS Market
7D-13.1%-2.3%0.1%
1Y-53.2%26.0%35.3%

Return vs Industry: TCRR underperformed the US Biotechs industry which returned 26% over the past year.

Return vs Market: TCRR underperformed the US Market which returned 35.3% over the past year.

Price Volatility

Is TCRR's price volatile compared to industry and market?
TCRR volatility
TCRR Beta2.09
Industry Beta1.03
Market Beta1

Stable Share Price: TCRR is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: TCRR's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2015150Garry Menzelhttps://www.tcr2.com

TCR2 Therapeutics Inc., a clinical-stage immunotherapy company, develops novel T cell receptor therapies for patients suffering from cancer. The company’s lead product candidates include gavo-cel, a mono TCR Fusion Construct T cells (TRuC-T cells) targeting mesothelin positive solid tumors, which is in phase I/II clinical trial for the treatment of non-small cell lung cancer (NSCLC), ovarian cancer, malignant pleural/peritoneal mesothelioma, and cholangiocarcinoma; and TC-110 a TRuC-T cell targeting CD19-positive B-Cell hematological malignancies, including adult acute lymphoblastic leukemia, DLBCL, follicular lymphoma, and other non-hodgkin lymphomas that is in phase I/II clinical trial. It is also developing TC-510 for, GPC3, IL-15, and Allogenic for solid tumors, as well as DC70 for solid tumors and hematological malignancies.

TCR2 Therapeutics Fundamentals Summary

How do TCR2 Therapeutics's earnings and revenue compare to its market cap?
TCRR fundamental statistics
Market CapUS$331.54m
Earnings (TTM)-US$81.20m
Revenue (TTM)n/a

0x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCRR income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$81.20m
Earnings-US$81.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-2.13
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did TCRR perform over the long term?

See historical performance and comparison

Valuation

Is TCR2 Therapeutics undervalued compared to its fair value and its price relative to the market?

1.01x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TCRR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TCRR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TCRR is unprofitable, so we can't compare its PE Ratio to the US Biotechs industry average.

PE vs Market: TCRR 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 TCRR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TCRR is good value based on its PB Ratio (1x) compared to the US Biotechs industry average (3.3x).


Future Growth

How is TCR2 Therapeutics forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCRR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TCRR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TCRR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TCRR is forecast to have no revenue next year.

High Growth Revenue: TCRR is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TCRR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has TCR2 Therapeutics performed over the past 5 years?

-18.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TCRR is currently unprofitable.

Growing Profit Margin: TCRR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TCRR is unprofitable, and losses have increased over the past 5 years at a rate of 18.1% per year.

Accelerating Growth: Unable to compare TCRR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TCRR is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (4.9%).


Return on Equity

High ROE: TCRR has a negative Return on Equity (-24.69%), as it is currently unprofitable.


Financial Health

How is TCR2 Therapeutics's financial position?


Financial Position Analysis

Short Term Liabilities: TCRR's short term assets ($325.2M) exceed its short term liabilities ($14.9M).

Long Term Liabilities: TCRR's short term assets ($325.2M) exceed its long term liabilities ($24.3M).


Debt to Equity History and Analysis

Debt Level: TCRR is debt free.

Reducing Debt: TCRR 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: TCRR has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TCRR has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 38.9% each year.


Dividend

What is TCR2 Therapeutics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TCRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TCRR'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 TCRR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TCRR'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 TCRR'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?

3.2yrs

Average management tenure


CEO

Garry Menzel (57 yo)

5.67yrs

Tenure

US$6,137,680

Compensation

Dr. Garry E. Menzel, Ph D., M.B.A. serves as an Independent Director at Black Diamond Therapeutics, Inc. since March 2017. He serves as Director at Stoke Therapeutics, Inc since August 17, 2020.He serves...


CEO Compensation Analysis

Compensation vs Market: Garry's total compensation ($USD6.14M) is above average for companies of similar size in the US market ($USD1.69M).

Compensation vs Earnings: Garry's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TCRR's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: TCRR's board of directors are not considered experienced ( 1.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.6%.


Top Shareholders

Company Information

TCR2 Therapeutics Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: TCR2 Therapeutics Inc.
  • Ticker: TCRR
  • Exchange: NasdaqGS
  • Founded: 2015
  • Industry: Biotechnology
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: US$331.544m
  • Shares outstanding: 38.20m
  • Website: https://www.tcr2.com

Number of Employees


Location

  • TCR2 Therapeutics Inc.
  • 100 Binney Street
  • Suite 710
  • Cambridge
  • Massachusetts
  • 2142
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:20
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.