XNASMRUS
Market cap2.91bUSD
Dec 23, Last price
42.45USD
1D
1.43%
1Q
-10.91%
Jan 2017
101.09%
IPO
324.50%
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 |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 43,947 5.68% | 41,586 -15.32% | 49,107 64.00% | |||||||
Cost of revenue | 200,494 | 213,606 | 225,350 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | (156,547) | (172,020) | (176,243) | |||||||
NOPBT Margin | ||||||||||
Operating Taxes | 3,192 | 959 | 239 | |||||||
Tax Rate | ||||||||||
NOPAT | (159,739) | (172,979) | (176,482) | |||||||
Net income | (154,939) 18.10% | (131,194) 96.35% | (66,816) -21.86% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | 225,945 | 57,740 | 264,822 | |||||||
BB yield | -15.92% | -8.31% | -21.55% | |||||||
Debt | ||||||||||
Debt current | 1,674 | 1,684 | 1,494 | |||||||
Long-term debt | 22,650 | 25,264 | 6,008 | |||||||
Deferred revenue | 19,574 | 38,771 | 66,244 | |||||||
Other long-term liabilities | (3,365) | (1,058) | ||||||||
Net debt | (388,164) | (299,738) | (423,220) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (142,207) | (149,899) | (59,627) | |||||||
CAPEX | (3,982) | (7,639) | (870) | |||||||
Cash from investing activities | (27,020) | 2,802 | (146,623) | |||||||
Cash from financing activities | 230,086 | 58,739 | 281,955 | |||||||
FCF | (158,396) | (190,537) | (175,742) | |||||||
Balance | ||||||||||
Cash | 355,176 | 290,229 | 410,425 | |||||||
Long term investments | 57,312 | 36,457 | 20,297 | |||||||
Excess cash | 410,291 | 324,607 | 428,267 | |||||||
Stockholders' equity | (769,711) | (623,819) | (471,668) | |||||||
Invested Capital | 1,154,790 | 917,354 | 856,806 | |||||||
ROIC | ||||||||||
ROCE | ||||||||||
EV | ||||||||||
Common stock shares outstanding | 51,605 | 44,919 | 38,638 | |||||||
Price | 27.50 77.76% | 15.47 -51.35% | 31.80 81.40% | |||||||
Market cap | 1,419,150 104.22% | 694,898 -43.44% | 1,228,702 139.58% | |||||||
EV | 1,030,986 | 395,160 | 805,482 | |||||||
EBITDA | (154,007) | (170,735) | (174,758) | |||||||
EV/EBITDA | ||||||||||
Interest | 2,722 | 129 | ||||||||
Interest/NOPBT |