XNAS
MRUS
Market cap3.06bUSD
May 02, Last price
44.19USD
1D
-2.77%
1Q
7.94%
Jan 2017
109.33%
IPO
341.90%
Name
Merus NV
Chart & Performance
Profile
Merus N.V., a clinical-stage immuno-oncology company, engages in the discovery and development of bispecific antibody therapeutics in the Netherlands. Its bispecific antibody candidate pipeline includes Zenocutuzumab (MCLA-128), which is in a phase 2 clinical trials for the treatment of patients with metastatic breast cancer, as well as in Phase 1/2 clinical trials for the treatment of solid tumors that harbor Neuregulin 1. The company is also developing MCLA-158, which is in a phase I clinical trial for the treatment of solid tumors; MCLA-145, which is in phase 1 clinical trials for the treatment of solid tumors; MCLA-129, which is in phase 1/2 clinical trials for the treatment of patients with advanced non-small cell lung cancer and other solid tumors; and ONO-4685 that is Phase 1 clinical trial to treat relapsed/refractory T cell lymphoma. In addition, it has collaboration agreement with Betta Pharmaceuticals Co. Ltd for the research and development of stage bispecific antibody candidates include MCLA-129; and collaboration with Incyte Corporation for the development of MCLA-145. The company was incorporated in 2003 and is headquartered in Utrecht, the Netherlands.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 36,133 -17.78% | 43,947 5.68% | 41,586 -15.32% | |||||||
Cost of revenue | 308,200 | 200,494 | 213,606 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | (272,067) | (156,547) | (172,020) | |||||||
NOPBT Margin | ||||||||||
Operating Taxes | 8,151 | 3,192 | 959 | |||||||
Tax Rate | ||||||||||
NOPAT | (280,218) | (159,739) | (172,979) | |||||||
Net income | (215,326) 38.97% | (154,939) 18.10% | (131,194) 96.35% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | 457,476 | 225,945 | 57,740 | |||||||
BB yield | -16.94% | -15.92% | -8.31% | |||||||
Debt | ||||||||||
Debt current | 1,704 | 1,674 | 1,684 | |||||||
Long-term debt | 18,120 | 22,650 | 25,264 | |||||||
Deferred revenue | 19,574 | 38,771 | ||||||||
Other long-term liabilities | (8,208) | (3,365) | ||||||||
Net debt | (704,211) | (388,164) | (299,738) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (185,835) | (142,207) | (149,899) | |||||||
CAPEX | (1,667) | (3,982) | (7,639) | |||||||
Cash from investing activities | (220,222) | (27,020) | 2,802 | |||||||
Cash from financing activities | 494,008 | 230,086 | 58,739 | |||||||
FCF | (299,902) | (158,396) | (190,537) | |||||||
Balance | ||||||||||
Cash | 537,027 | 355,176 | 290,229 | |||||||
Long term investments | 187,008 | 57,312 | 36,457 | |||||||
Excess cash | 722,228 | 410,291 | 324,607 | |||||||
Stockholders' equity | 6,957 | (769,711) | (623,819) | |||||||
Invested Capital | 757,094 | 1,154,790 | 917,354 | |||||||
ROIC | ||||||||||
ROCE | ||||||||||
EV | ||||||||||
Common stock shares outstanding | 64,221 | 51,605 | 44,919 | |||||||
Price | 42.05 52.91% | 27.50 77.76% | 15.47 -51.35% | |||||||
Market cap | 2,700,483 90.29% | 1,419,150 104.22% | 694,898 -43.44% | |||||||
EV | 1,996,272 | 1,030,986 | 395,160 | |||||||
EBITDA | (269,596) | (154,007) | (170,735) | |||||||
EV/EBITDA | ||||||||||
Interest | 2,722 | |||||||||
Interest/NOPBT |