Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ: SHPH)

Sector: Healthcare Industry: Drug Manufacturers - Specialty & Generic CIK: 0001757499
Market Cap 3.30 Mn
P/B 2.37
P/E -0.31
P/S 0.00
ROIC (Qtr) -341.87
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 667,331.00
Debt/Equity (Qtr) 0.48

About

Shuttle Pharmaceuticals Holdings, Inc., often referred to as Shuttle Pharma, is a clinical-stage pharmaceutical company that specializes in the development of innovative therapies to cure cancers. The company's primary goal is to enhance the benefits of existing cancer treatments such as surgery, radiation therapy, chemotherapy, and immunotherapy. With radiation therapy being one of the most effective cancer treatment modalities, Shuttle Pharma is dedicated to addressing the limitations of current cancer therapies. Shuttle Pharma's main business...

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Price action

Investment thesis

Bull case

  • Healthy cash reserves of 2.09M provide 4.26x coverage of short-term debt 492013, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 3.54M provides 5.31x coverage of total debt 667331, indicating robust asset backing and low credit risk.
  • Cash reserves of 2.09M provide solid 245.33x coverage of other non-current liabilities 8538, indicating strong liquidity.
  • Cash reserves of 2.09M provide robust 1.07x coverage of current liabilities 1.96M, indicating strong short-term solvency.
  • Robust R&D investment of 4.53M at 0.71x of SG&A 6.38M demonstrates strong commitment to innovation and future growth.

Bear case

  • Investment activities of 0 provide weak support for R&D spending of 4.53M, which is 0x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • The company's operating cash flow of (11.20M) shows concerning coverage of stock compensation expenses of 750075, with a -14.93 ratio indicating potential earnings quality issues.
  • Operating earnings of (10.65M) show weak coverage of depreciation charges of 2833, with a -3757.89 ratio indicating high capital intensity and potential reinvestment needs.
  • Free cash flow of (11.20M) represents just -25.89x of debt issuance 432509, suggesting concerning reliance on leverage rather than internal cash generation for growth.
  • High financing cash flow of 13.14M relative to working capital of 1.30M, which is 10.10x suggests concerning dependence on external funding for operational needs.

Peer comparison

Companies in the Drug Manufacturers - Specialty & Generic
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 ZTS Zoetis Inc. 56.15 Bn 21.18 5.98 7.27 Bn
2 TAK Takeda Pharmaceutical Co Ltd 48.92 Bn 221.13 1.66 36.24 Bn
3 HLN Haleon plc 46.13 Bn 25.59 3.29 -
4 TEVA Teva Pharmaceutical Industries Ltd 35.27 Bn 49.54 2.10 17.07 Bn
5 UTHR UNITED THERAPEUTICS Corp 21.76 Bn 17.11 6.95 0.00 Bn
6 VTRS Viatris Inc 14.87 Bn -4.03 1.05 14.44 Bn
7 NBIX Neurocrine Biosciences Inc 14.08 Bn 32.91 5.25 0.43 Bn
8 ELAN Elanco Animal Health Inc 11.64 Bn 323.29 2.54 4.32 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets -0.23 24.98
EV to Cash from Ops. EV/CFO 0.07 -85.40
EV to Debt EV to Debt -1.21 265.88
EV to EBIT EV/EBIT 0.08 -32.65
EV to EBITDA EV/EBITDA 0.07 -29.50
EV to Free Cash Flow [EV/FCF] EV/FCF 0.07 -32.62
EV to Market Cap EV to Market Cap -0.24 -10.98
EV to Revenue EV to Revenue 0.00 -700.14
Price to Book Value [P/B] P/B 2.37 27.22
Price to Earnings [P/E] P/E -0.31 -122.96
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) 0.00 0.34
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 4.81
Dividend per Basic Share Div per Share (Qtr) 0.00 0.07
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 4.08
Interest Coverage Int. cover (Qtr) -180.04 -38.10
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 0.00 -157.22
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 1,237.10 44,776.25
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 2.81
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -42.83 24.45
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -51.51 18.14
EBIT Growth (1y) % EBIT 1y % (Qtr) -42.83 37.66
EBT Growth (1y) % EBT 1y % (Qtr) -16.53 108.18
EPS Growth (1y) % EPS 1y % (Qtr) 94.42 52.88
FCF Growth (1y) % FCF 1y % (Qtr) -96.50 -54.47
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 25.28
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.50
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.02
Cash Ratio Cash Ratio (Qtr) 1.07 2.10
Current Ratio Curr Ratio (Qtr) 1.66 3.92
Debt to Equity Ratio Debt/Equity (Qtr) 0.48 -1.11
Interest Cover Ratio Int Coverage (Qtr) -180.04 -38.10
Times Interest Earned Times Interest Earned (Qtr) -180.04 -38.10
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 -62,432.09
EBIT Margin % EBIT Margin % 0.00 -63,260.88
EBT Margin % EBT Margin % 0.00 -66,726.96
Gross Margin % Gross Margin % 0.00 8,332.72
Net Profit Margin % Net Profit Margin % 0.00 -66,728.37