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TFFP

TFF Pharmaceuticals NasdaqGM:TFFP Stock Report

Last Price

US$5.75

Market Cap

US$145.9m

7D

-0.2%

1Y

-39.5%

Updated

05 Jul, 2022

Data

Company Financials +
TFFP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

TFFP Stock Overview

TFF Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, focuses on developing and commercializing drug products based on its patented Thin Film Freezing (TFF) technology platform in the United States and Australia.

TFF Pharmaceuticals Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TFF Pharmaceuticals
Historical stock prices
Current Share PriceUS$5.75
52 Week HighUS$10.70
52 Week LowUS$3.60
Beta2.12
1 Month Change-0.35%
3 Month Change-20.36%
1 Year Change-39.47%
3 Year Changen/a
5 Year Changen/a
Change since IPO13.41%

Recent News & Updates

May 23

TFF Pharmaceuticals: A Highly Attractive Basket Of Options

TFFP is a platform company with leading technology. Clinical/FDA risk is extremely low. The stock is drastically undervalued based on only fraction of the pipeline and multiples of upside. Multiple insider purchases support the bull case and timing.

May 17
We Think TFF Pharmaceuticals (NASDAQ:TFFP) Needs To Drive Business Growth Carefully

We Think TFF Pharmaceuticals (NASDAQ:TFFP) Needs To Drive Business Growth Carefully

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

TFFPUS PharmaceuticalsUS Market
7D-0.2%1.1%0.3%
1Y-39.5%10.6%-18.4%

Return vs Industry: TFFP underperformed the US Pharmaceuticals industry which returned 10.3% over the past year.

Return vs Market: TFFP underperformed the US Market which returned -19.1% over the past year.

Price Volatility

Is TFFP's price volatile compared to industry and market?
TFFP volatility
TFFP Average Weekly Movement9.0%
Pharmaceuticals Industry Average Movement12.0%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: TFFP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: TFFP's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20184Glenn Matteshttps://www.tffpharma.com

TFF Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, focuses on developing and commercializing drug products based on its patented Thin Film Freezing (TFF) technology platform in the United States and Australia. It intends to focus on the development of inhaled dry powder drugs for the treatment of pulmonary diseases and conditions. The company’s lead drug candidates are TFF Voriconazole Inhalation Powder, which is in Phase II clinical trials for the treatment of invasive pulmonary aspergillosis; and TFF Tacrolimus Inhalation Powder, which is in Phase II clinical trials used to prevent lung transplant rejection.

TFF Pharmaceuticals Fundamentals Summary

How do TFF Pharmaceuticals's earnings and revenue compare to its market cap?
TFFP fundamental statistics
Market CapUS$145.90m
Earnings (TTM)-US$31.76m
Revenue (TTM)US$131.28k

1,112x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TFFP income statement (TTM)
RevenueUS$131.28k
Cost of RevenueUS$21.28m
Gross Profit-US$21.15m
Other ExpensesUS$10.61m
Earnings-US$31.76m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.25
Gross Margin-16,112.72%
Net Profit Margin-24,192.49%
Debt/Equity Ratio0.0%

How did TFFP perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is TFFP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TFFP?

Other financial metrics that can be useful for relative valuation.

TFFP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue910.1x
Enterprise Value/EBITDA-3.7x
PEG Ration/a

Price to Book Ratio vs Peers

How does TFFP's PB Ratio compare to its peers?

TFFP PB Ratio vs Peers
The above table shows the PB ratio for TFFP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.9x
MRNS Marinus Pharmaceuticals
5.2x44.1%US$186.4m
MIST Milestone Pharmaceuticals
1.8x48.8%US$181.6m
VRNA Verona Pharma
2.1x56.9%US$259.6m
PRVB Provention Bio
2.7x42.7%US$255.5m
TFFP TFF Pharmaceuticals
4.6x75.9%US$145.9m

Price-To-Book vs Peers: TFFP is expensive based on its Price-To-Book Ratio (4.6x) compared to the peer average (2.9x).


Price to Earnings Ratio vs Industry

How does TFFP's PE Ratio compare vs other companies in the US Pharmaceuticals Industry?

Price-To-Book vs Industry: TFFP is expensive based on its Price-To-Book Ratio (4.6x) compared to the US Pharmaceuticals industry average (1.8x)


Price to Book Ratio vs Fair Ratio

What is TFFP's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TFFP PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TFFP's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of TFFP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TFFP ($5.75) is trading below our estimate of fair value ($471.91)

Significantly Below Fair Value: TFFP is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TFFP's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is TFF Pharmaceuticals forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


75.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TFFP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: TFFP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TFFP is expected to become profitable in the next 3 years.

Revenue vs Market: TFFP's revenue (71.2% per year) is forecast to grow faster than the US market (7.8% per year).

High Growth Revenue: TFFP's revenue (71.2% 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 TFFP's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has TFF Pharmaceuticals performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-44.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TFFP is currently unprofitable.

Growing Profit Margin: TFFP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TFFP is unprofitable, and losses have increased over the past 5 years at a rate of 44.1% per year.

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

Earnings vs Industry: TFFP is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (19.5%).


Return on Equity

High ROE: TFFP has a negative Return on Equity (-100.55%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is TFF Pharmaceuticals's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: TFFP's short term assets ($31.5M) exceed its short term liabilities ($2.2M).

Long Term Liabilities: TFFP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TFFP is debt free.

Reducing Debt: TFFP 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: TFFP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TFFP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TFFP'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 TFFP has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Glenn Mattes (67 yo)

4.17yrs

Tenure

US$596,250

Compensation

Mr. Glenn R. Mattes serves as Director at Viking Scientific, Inc. He serves as Chief Executive Officer, President and Director of TFF Pharmaceuticals, Inc. since May 1, 2018. Mr. Mattes has oversight of th...


CEO Compensation Analysis

Compensation vs Market: Glenn's total compensation ($USD596.25K) is about average for companies of similar size in the US market ($USD800.58K).

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


Leadership Team

Experienced Management: TFFP's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: TFFP's board of directors are not considered experienced ( 2.9 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: TFFP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TFF Pharmaceuticals, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: TFF Pharmaceuticals, Inc.
  • Ticker: TFFP
  • Exchange: NasdaqGM
  • Founded: 2018
  • Industry: Pharmaceuticals
  • Sector: Pharmaceuticals & Biotech
  • Implied Market Cap: US$145.899m
  • Shares outstanding: 25.37m
  • Website: https://www.tffpharma.com

Number of Employees


Location

  • TFF Pharmaceuticals, Inc.
  • 1751 River Run
  • Suite 400
  • Austin
  • Texas
  • 76107
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/05 00:00
End of Day Share Price2022/07/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.