| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | 1 | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 278.60 | 250.87 | 261.34 | 219.11 |
| Receivables | 25.18 | 20.32 | 29.12 | 28.04 |
| Inventory | 16.18 | 2.25 | 4.18 | 4.93 |
| Other | 5.99 | 9.45 | 6.08 | 4.25 |
| 336.29 | 291.25 | 306.34 | 261.71 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 15.57 | 18.03 | 9.18 | 12.76 |
| ST’ Debt | — | — | 3.00 | 6.18 |
| Other | — | — | — | — |
| 67.67 | 80.47 | 70.16 | 86.33 |
| 10y | 5y | 3y | |
| Sales | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡ | ‡‡‡ |
| Earnings | — | ‡‡‡ | ‡‡‡ |
| Book Value | — | ‡‡‡ | ‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 20.85 | 19.25 | — | — |
—
|
| ’25 | 23.03 | 18.84 | 16.43 | 23.06 |
81.36
|
| ’24 | 18.05 | 17.41 | 18.46 | 16.91 |
70.84
|
| ’23 | 18.99 | 19.28 | 14.49 | 16.79 |
69.56
|
| ’22 | 46.50 | 17.29 | 76.32 | 69.80 |
209.91
|
| ’21 | — | 3.76 | 13.15 | 17.01 |
33.92
|
| ’19 | — | 1.96 | — | — |
2.34
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (29.71) | (11.81) | — | — |
—
|
| ’25 | (56.33) | (24.09) | (29.63) | (31.12) |
(141.17)
|
| ’24 | (44.09) | (32.84) | (25.04) | (21.85) |
(123.83)
|
| ’23 | (15.39) | (34.99) | (36.67) | (31.63) |
(118.69)
|
| ’22 | (33.88) | (53.01) | 2.20 | (53.61) |
(138.31)
|
| ’21 | (55.15) | (58.01) | (58.59) | (61.63) |
(233.38)
|
| ’20 | (32.10) | (40.65) | (44.29) | (51.69) |
(168.73)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (29.74) | (11.81) | — | — |
—
|
| ’25 | (56.60) | (24.09) | (29.63) | (30.46) |
(140.78)
|
| ’24 | (44.63) | (32.87) | (25.26) | (21.94) |
(124.70)
|
| ’23 | (16.43) | (36.22) | (37.35) | (31.96) |
(121.90)
|
| ’22 | (35.00) | (53.82) | 1.94 | (53.84) |
(140.72)
|
| ’21 | (55.81) | (60.86) | (60.93) | (62.16) |
(239.75)
|
| ’20 | (32.58) | (40.80) | (45.69) | (52.47) |
(171.54)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.21) | (0.11) | — | — |
—
|
| ’25 | (0.36) | (0.50) | (0.30) | (0.04) |
(1.12)
|
| ’24 | (0.56) | (0.38) | (0.42) | (0.29) |
(1.62)
|
| ’23 | (0.74) | (0.58) | (0.58) | (1.03) |
(2.94)
|
| ’22 | (0.22) | (0.84) | (0.65) | (0.30) |
(1.99)
|
| ’21 | (0.67) | (0.95) | (0.93) | (0.45) |
(3.00)
|
| ’20 | (0.65) | (2.01) | (0.29) | (0.73) |
(3.77)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.69 | 0.36 | 1.45 | 1.05 | — | — | — |
Low Price
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.67 | 5.75 | 6.04 | 4.80 | — | — | — |
High Price
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 317 | 274 | 265 | 193 | — | — | — |
Employees
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 0.66 | 0.25 | 0.27 | 0.42 | — | — | — |
Revenue/Emp
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | — | ‡‡‡‡‡ | 209.91 | 69.56 | 70.84 | 81.36 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 98.43% | 96.36% | 91.60% | 92.87% | — | — | — |
Gross Margin
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (146.82) | (195.42) | (156.14) | (141.61) | — | — | — |
EBT
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | (69.94%) | (280.94%) | (220.42%) | (174.06%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (157.13) | (240.05) | (157.85) | (142.62) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.39 | 3.27 | 3.28 | 1.88 | — | — | — |
Depreciation
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 2.69 | 0.85 | 0.73 | 0.64 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | (1.99) | (2.94) | (1.62) | (1.12) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.77) | (1.45) | (1.27) | (1.11) | — | — | — |
Cash Flow/Sh
|
| — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.03) | (0.04) | (0.01) | 0.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.80) | (1.49) | (1.28) | (1.11) | — | — | — |
Free CF/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.02 | (1.81) | (2.09) | (1.46) | — | — | — |
Book Value/Sh
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 78.15 | 81.71 | 97.16 | 127.07 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡ | — | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
PE Ratio
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡ | — | ‡‡‡‡‡ | 1.34 | 1.99 | 2.73 | 5.51 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | — | ‡‡‡‡‡ | 3.53 | 0.00 | 0.00 | 0.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡ | — | ‡‡‡‡‡ | 0.36 | (0.19) | 0.99 | 3.72 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | — | ‡‡‡‡‡ | (0.54) | 0.11 | (0.56) | (2.15) | — | — | — |
EV/FCF
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (138.31) | (118.69) | (123.83) | (141.17) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.41) | (3.22) | (0.87) | 0.40 | ‡‡‡‡‡ | — | — |
Capex
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (140.72) | (121.90) | (124.70) | (140.78) | ‡‡‡‡‡ | — | — |
FCF
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 353.04 | 268.62 | 210.79 | 236.17 | — | — | — |
Working Cap'
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 122.19 | 112.73 | 113.63 | 115.45 | — | — | — |
Total Debt
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (204.25) | (165.87) | (137.23) | (145.89) | — | — | — |
Net Debt
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 79.45 | (148.25) | (202.64) | (185.83) | — | — | — |
Sh' Equity
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (28.34%) | (56.77%) | (46.65%) | (44.22%) | — | — | — |
ROA
|
| — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | 0.00% | 0.00% | 0.00% | 0.00% | — | — | — |
ROIC
|
| — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (127.99%) | 697.85% | 89.97% | 73.43% | — | — | — |
ROE
|
ADC Therapeutics (ADCT) exemplifies biotech’s high-wire act, with its antibody-drug conjugate (ADC) platform delivering Zynlonta’s FDA approval in 2021 amid explosive revenue growth to $210 million in 2022, only to plummet 67% to $69.6 million in 2023 following AstraZeneca’s rights return and sales shortfalls. The stock has mirrored this volatility, crashing over 90% from pandemic highs above $50 to recent lows around $1-6, underscoring execution risks in a sector prone to clinical and commercial pitfalls. Yet, stabilizing gross margins above 91% and a pipeline reboot with next-gen assets like ADCT-601 offer cautious glimmers of recovery.
Persistent losses deepen the downside concerns: EBT at -$156 million in 2024, with operating cash burn of -$124 million eroding a once-robust runway, compounded by share dilution to 97 million and negative shareholder equity of -$203 million—a stark balance sheet red flag signaling potential recapitalization needs. Liquidity remains a buffer, with negative net debt of -$137 million supporting R&D amid layoffs, but ROE under 1% and ROA at -47% highlight inefficient capital use in this loss-making growth story.
Analysts project revenue doubling to $149 million by 2027 alongside EPS improvement to -$0.68, fueling price targets implying 25-150% upside, betting on ADC sector tailwinds. No insider buying adds neutrality, but milestone dependency and biotech winters warn of sub-$1 risks if catalysts falter. For risk-averse investors, ADCT demands tight position sizing amid its pivot from promise to peril.
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