Morphic Holding, Inc.

MORF

Pharmaceutical Preparations

Mkt Cap

$1.539B

PE

-9.54

Debt

Cash

$45.03M

EV

FCF

-$128.6M

Market Cap

$1.539B

P/E Ratio

-9.54

Debt

Cash

$45.03M

EV

FCF

-$128.6M

Charts data: {"Earnings":[{"time":"2018-12-30","value":-23831000},{"time":"2019-12-30","value":-43328000},{"time":"2020-12-30","value":-44999000},{"time":"2021-12-30","value":-95542000},{"time":"2022-12-30","value":-59041000},{"time":"2023-12-30","value":-152095000}],"Sales":[{"time":"2018-12-30","value":3358000},{"time":"2019-12-30","value":16977000},{"time":"2020-12-30","value":44945000},{"time":"2021-12-30","value":19794000},{"time":"2022-12-30","value":70808000},{"time":"2023-12-30","value":521000}],"Net Margins":[{"time":"2018-12-30","value":-7.096783799880882},{"time":"2019-12-30","value":-2.5521588030865288},{"time":"2020-12-30","value":-1.001201468461453},{"time":"2021-12-30","value":-4.826816206931394},{"time":"2022-12-30","value":-0.833818212631341},{"time":"2023-12-30","value":-291.9289827255278}],"Assets":[{"time":"2018-12-30","value":189305000},{"time":"2019-12-30","value":247435000},{"time":"2020-12-30","value":242382000},{"time":"2021-12-30","value":426290000},{"time":"2022-12-30","value":368589000},{"time":"2023-12-30","value":722514000}],"Stockholders Equity":[{"time":"2018-12-30","value":-52552000},{"time":"2019-12-30","value":140918000},{"time":"2020-12-30","value":145197000},{"time":"2021-12-30","value":336699000},{"time":"2022-12-30","value":349119000},{"time":"2023-12-30","value":697022000}],"ROE":[{"time":"2018-12-30","value":0.45347465367635864},{"time":"2019-12-30","value":-0.3074695922451355},{"time":"2020-12-30","value":-0.3099168715607072},{"time":"2021-12-30","value":-0.28376086653064014},{"time":"2022-12-30","value":-0.1691142561705321},{"time":"2023-12-30","value":-0.21820688586586937}],"ROA":[{"time":"2018-12-30","value":-0.12588679643960804},{"time":"2019-12-30","value":-0.1714227979065209},{"time":"2020-12-30","value":-0.1812799630335586},{"time":"2021-12-30","value":-0.22348635905135003},{"time":"2022-12-30","value":-0.14760885430655826},{"time":"2023-12-30","value":-0.17265547795613648}]}

Morphic Holding, Inc., a biopharmaceutical company, discovers and develops oral small-molecule integrin therapeutics for the treatment of autoimmune, cardiovascular, and metabolic diseases, as well as fibrosis and cancer. Its lead product candidate MORF-057, an a4ß7-specific integrin inhibitor affecting inflammation is in Phase 2 clinical trials for the treatment of inflammatory bowel disease. The company's products in pipeline include Next Gen a4ß7 Inhibitors for additional potential GI indications, such as EGIDs, pouchitis, etc.; avß8 for the treatment of Myelofibrosis and solid tumor; and fibronectin integrin for pulmonary hypertensive. In addition, it has a license agreement with Janssen to discover and develop novel integrin therapeutics; collaboration agreement with Schrödinger for integrin targets; and license agreement with Children's Medical Center Corporation to develop and commercialize products worldwide for any therapeutic or diagnostic use in humans and veterinary applications. The company was incorporated in 2014 and is headquartered in Waltham, Massachusetts.

Sector

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Chart P/E ratio

In the chart Earnings are multiplied by this value.

Earnings Growth -

Earnings Stability -

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Data are missing

Over time the ROA has been decreasing indicating a lower marginal ROA with respect to the calculated one, this could impede growth.

Years	12-2018	12-2019	12-2020	12-2021	12-2022	12-2023	TTM
Net Margin	-710%	-260%	-100%	-480%	-83%	-29K%	-
ROA	-13%	-17%	-18%	-22%	-15%	-17%	-20%
ROE	45%	-31%	-31%	-28%	-17%	-22%	-24%

What is the average Net Margin?

The average Net Margin over the past 5 years is -5.14K%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is -4.07K%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is -17.04%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is -0.58%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is -13.92%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is -8.33%.

Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Data are missing

Years	12-2018	12-2019	12-2020	12-2021	12-2022	12-2023	TTM
Debt FCF	-	-	-	-	-	-	-
Debt Equity	-	-	-	-	-	-	-
MIN
Graham Stability	-	-	-	-	-	-	-

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -.

What is the Graham’s Stability?

Graham’s Stability measure stands at -.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Data are missing

Years	12-2018	12-2020	12-2022	Trend
Revenue	-31%	-77%	-99%	-92%
Net Income	-	-	-	-
Stockholders Equity	-	69%	100%	16%
FCF	-	-	-	-

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is -31.11%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is -91.67%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +44.88%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is -.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is +16.16%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is -.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is -.