Agios Pharmaceuticals, Inc. (NASDAQ: AGIO)

Sector: Healthcare Industry: Biotechnology CIK: 0001439222
P/B 1.22
P/E -3.91
P/S 35.00
Market Cap 1.57 Bn
ROIC (Qtr) -34.62
Div Yield % 0.00
Rev 1y % (Qtr) 43.69
Total Debt (Qtr) 44.52 Mn
Debt/Equity (Qtr) 0.03

About

Agios Pharmaceuticals, Inc. (AGIO), a company operating in the biopharmaceutical industry, specializes in the development of innovative treatments for rare diseases. Its primary focus is classical hematology, which entails the study and treatment of blood disorders that are non-cancerous. The company's pipeline includes several promising product candidates, such as PYRUKYND, which has been approved by the US Food and Drug Administration (FDA) for the treatment of hemolytic anemia in adults with pyruvate kinase (PK) deficiency. Agios' business is...

Read more

Stock Price Chart

Analysis

Pros

  • Healthy cash reserves of 92.71M provide 5.15x coverage of short-term debt 17.99M, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 1.39B provides 31.13x coverage of total debt 44.52M, indicating robust asset backing and low credit risk.
  • Short-term investments of 860.15M provide solid 23.11x coverage of other current liabilities 37.22M, indicating strong liquidity.
  • Long-term investments of 304.34M provide solid 11.47x coverage of long-term debt 26.53M, indicating strategic financial planning.
  • Tangible assets of 1.39B provide robust 37.23x coverage of other current liabilities 37.22M, indicating strong asset backing.

Cons

  • Operating cash flow of (409.93M) barely covers its investment activities of 237.95M, with a coverage ratio of -1.72, indicating heavy reliance on external financing for growth which may not be sustainable in a tighter credit environment.
  • Investment activities of 237.95M provide weak support for R&D spending of 334.29M, which is 0.71x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • Short-term investments of 860.15M significantly exceed cash reserves of 92.71M, which is 9.28x, indicating potentially excessive yield-seeking behavior at the expense of liquidity.
  • The company's operating cash flow of (409.93M) shows concerning coverage of stock compensation expenses of 49.33M, with a -8.31 ratio indicating potential earnings quality issues.
  • Free cash flow of (414.09M) provides weak coverage of capital expenditures of 4.16M, with a -99.47 ratio suggesting additional external financing needs for growth initiatives.

Peer Comparison

Companies in the Biotechnology
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 SMMT Summit Therapeutics Inc. 1,349.40 Bn -1,464.17 0.00 0.01 Bn
2 ONC BeOne Medicines Ltd. 437.43 Bn 6,381.20 87.97 1.90 Bn
3 VRTX Vertex Pharmaceuticals Inc / Ma 116.09 Bn 31.59 9.90 1.83 Bn
4 REGN Regeneron Pharmaceuticals, Inc. 78.10 Bn 17.06 5.48 2.71 Bn
5 ALNY Alnylam Pharmaceuticals, Inc. 55.87 Bn 1,282.42 17.40 3.21 Bn
6 ARGX Argenx Se 52.85 Bn 35.08 27,559.65 -
7 BNTC Benitec Biopharma Inc. 41.75 Bn -998.33 0.00 0.00 Bn
8 INSM INSMED Inc 37.80 Bn -31.93 84.56 0.74 Bn

Industry Comparisons

Current Valuation

Metric Value Industry Percentile
EV to Assets 1.11 12.31
EV to Cash from Ops. -3.75 23.25
EV to Debt 34.50 738.44
EV to EBIT -3.74 -9.16
EV to EBITDA -3.35 6.95
EV to Free Cash Flow [EV/FCF] -3.71 21.90
EV to Market Cap 0.98 65.67
EV to Revenue 34.28 227.32
Price to Book Value [P/B] 1.22 22.34
Price to Earnings [P/E] -3.91 -11.77

Dividend Metrics

Metric Value Industry Percentile
Dividend Coverage Ratio 0.00 -11.94
Dividend Payout Ratio % 0.00 0.16
Dividend per Basic Share 0.00 0.01
FCF Dividend Payout Ratio % 0.00 -0.14
Interest Coverage 0.00 841.00

Growth Metrics

Metric Value Industry Percentile
Capex Growth (1y) % -356.47 -27.13
Cash and Equivalents Growth (1y) % -63.46 734.65
Dividend Growth (1y) % 0.00 0.01
EBIAT Growth (1y) % -159.51 -46.93
EBITDA Growth (1y) % -191.78 -1.68
EBIT Growth (1y) % -156.38 -56.45
EBT Growth (1y) % -156.38 -12.70
EPS Growth (1y) % -159.20 -28.31
FCF Growth (1y) % -25.45 -31.90
Gross Profit Growth (1y) % 32.96 226.84

Liquidity Ratios

Metric Value Industry Percentile
Asset Utilization Ratio 0.03 0.14
Cash Payout Ratio 0.00 0.00
Cash Ratio 1.24 3.85
Current Ratio 13.82 7.27
Debt to Equity Ratio 0.03 0.40
Interest Cover Ratio 0.00 841.00
Times Interest Earned 0.00 841.00

Profitability

Metric Value Industry Percentile
EBITDA Margin % -876.70 -18,234.31
EBIT Margin % -915.68 -18,580.80
EBT Margin % -915.68 -19,488.74
Gross Margin % 87.20 -7.59
Net Profit Margin % -895.90 -19,439.22