PepGen, Inc.

PEPG

Healthcare Biotechnology

EPS
+62.9%
Free cash flow
+33.0%

Quarter to June 2026, against a year earlier

2.47 0.15 +6.47%
Market cap
$171.1M
P/E
n/m
Fwd P/E
—
Dividend yield
—
F-score
n/a
Net debt / EBITDA
1.6×
Dividend safety
n/a

Insider Decisions last twelve months

Net sold
$59.3K
Trades
4 sells · 0 buys
Ownership
10.7%

Capital & Financial Ratios $m

Size
Market Cap 171
Revenue ttm —
Net income ttm (72)
Free cash flow ttm (70)
Net debt Q (117)
Valuation
P/E n/m
Forward P/E —
Price / sales n/m
Forward P/S Powerpack
Price / FCF n/m
Price / book 1.4
Financial health
Current ratio Q 13.4 (at or above 1.5: strong)
Debt / equity Q n/m
Interest coverage Q (15.7)
Growth
Revenue growth Q —
Operating income growth Q +20.9% (above 0%: growing)
EPS, this year +48.9% (at or above 15%: strong)
EPS, next year A −2.1% (below 0%: weak)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A +21.6% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/B against its own 10 years 59.87%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 110 120 148 117
Receivables — — — —
Inventory — — — —
Other — — — —
113 124 151 120
2023 2024 2025 Q'26
Payables 1 2 1 1
ST’ Debt — — — —
Other — — — —
18 17 13 9

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (6.37%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.26) (0.26) — — —
’25 (0.92) (0.70) (0.52) (0.27) (2.12)
’24 (0.63) (0.87) (0.66) (0.68) (2.85)
’23 (0.69) (0.82) (0.98) (0.82) (3.30)
’22 (18.94) (1.23) (0.79) (0.96) (4.42)
’21 (7.42) (6.03) (9.07) (7.75) (30.28)
’20 — — — — (4.69)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) (16) — — —
’25 (23) (24) (19) (16) (82)
’24 (23) (16) (24) (19) (82)
’23 (15) (17) (17) (19) (69)
’22 (12) (13) (21) (13) (59)
’21 (3) (6) (8) (6) (23)
’20 — — — (2) (2)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) (16) — — —
’25 (23) (24) (19) (16) (82)
’24 (23) (16) (24) (20) (83)
’23 (17) (18) (17) (20) (72)
’22 (14) (13) (21) (14) (63)
’21 (3) (6) (8) (6) (23)
’20 — — — (2) (2)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — — — — — — — — —
Gross margin, % — — — 0.00 0.00 0.00 0.00 — — — 0.00 0.0 pt
EBT — — — (1) (2) (27) (65) (79) (91) (90) (72) +101.3%
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — — — (1) (2) (27) (69) (79) (90) (90) (72) +101.3%
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — (0.06) (4.69) (30.28) (4.42) (3.30) (2.85) (2.12) (1.31) +81.1%
Cash flow — — — (0.04) (1.90) (25.08) (3.79) (2.90) (2.61) (1.93) (1.00) +91.3%
Capex — — — 0.00 (0.01) (0.55) (0.24) (0.11) (0.02) (0.01) 0.00 n/m
Free cash flow — — — (0.04) (1.91) (25.64) (4.03) (3.01) (2.62) (1.94) (1.00) +91.4%
Book value — — — 0.17 (7.31) (35.61) 11.49 4.56 3.76 3.49 1.73 +65.1%
Shares, m — — — 22 1 1 16 24 32 42 54 +11.1%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — — (1) (2) (23) (59) (69) (82) (82) (69) +112.6%
Capex — — — 0 0 0 (4) (3) 0 0 0 +44.5%
Free cash flow — — — (1) (2) (23) (63) (72) (83) (82) (70) +112.7%
Balance, $m
Balance, $m Working capital — — — 3 9 130 167 95 107 138 111 +85.0%
Net debt — — — (3) (10) (133) (182) (110) (120) (148) (117) +86.8%
Shareholders’ equity — — — 4 (6) (32) 180 108 119 147 120 +83.5%
Returns, %
Returns, % ROA — — — 0.00 (54.96) (35.36) (38.28) (43.62) (61.23) (55.21) (59.06) (55.2) pt
ROIC — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (2,076.25) 0.0 pt
ROE — — — 0.00 327.08 141.93 (93.67) (54.59) (79.26) (67.39) (75.45) (67.4) pt
People
People Employees — — — — — 31 45 64 81 56 — +15.9%
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fundamentals updated 26 Oct 2026

PepGen, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MDWD MediWound Ltd. $184.0M — (loss-making) — (loss-making) −45.83% (below 0%: shrinking) n/m −49.90% (below 0%: shrinking) 10.90% (305.89%) Compare
WHWK Whitehawk Therapeutics, Inc. $178.4M — (loss-making) — (loss-making) +33.48% (above 0%: growing) n/m +72.57% (above 0%: growing) 89.36% 0.00% Compare
PEPG PepGen, Inc. $171.1M — (loss-making) — — n/m +33.02% (above 0%: growing) 0.00% 0.00%
CNTN Canton Strategic Holdings, Inc. $164.1M — (loss-making) — — n/m −600.39% (below 0%: shrinking) 100.00% (80.37%) Compare
ZNTL Zentalis Pharmaceuticals, Inc. $162.8M — (loss-making) — (loss-making) — n/m −9.06% (below 0%: shrinking) 100.00% 0.00% Compare
IPHA Innate Pharma S.A. Sponsored ADR $160.9M — (loss-making) — +246.29% (above 0%: growing) +106.08% (above 0%: growing) −929.03% (below 0%: shrinking) 0.00% 0.00% Compare
ORMP Oramed Pharmaceuticals Inc. $160.6M 0.9× 0.9× +193.26% (above 0%: growing) +493.75% (above 0%: growing) +94.29% (above 0%: growing) 0.65% 0.00% Compare
ALXO ALX Oncology Holdings Inc. $159.7M — (loss-making) — (loss-making) −100.00% (below 0%: shrinking) n/m +31.65% (above 0%: growing) 0.00% 0.00% Compare
STRO Sutro Biopharma, Inc. $159.5M — (loss-making) — (loss-making) −84.57% (below 0%: shrinking) n/m +14.55% (above 0%: growing) 100.00% (303.77%) Compare
Median of peers $161.8M — — −6.17% — +2.74% 50.13% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 28 April 2026

Ownership

Directors and executive officers, together 1.30%
Entities Affiliated with RA Capital 29.10%
Oxford Science Enterprises plc 7.20%
Commodore Capital LP 5.10%
Viking Global Investors and affiliates 5.00%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

PepGen, Inc. (PEPG) Latest News

13 May

5 Mar

Impact 4 · · biopharmadive.com

8 Dec

Impact 3 · · Business WireMT NewswiresMT NewswiresGuruFocus.comMT NewswiresMotley FoolMT NewswiresGuruFocus.com

2 Oct

Impact 3 · · Business WireBenzingaClinical Trials ArenaInsider Monkey

30 Sep

27 Sep

Impact 4 · · Simply Wall St.Insider MonkeyMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresBenzinga

25 Sep

Impact 3 · · MT Newswires

24 Sep

Impact 4 · · Business WireMT NewswiresMT NewswiresClinical Trials ArenaMT NewswiresClinical Trials ArenaMT NewswiresBenzinga
Impact 3 · · Business Wire
Impact 3 · · Business WireMT NewswiresSimply Wall St.MT NewswiresMT NewswiresMT NewswiresInsider Monkey

22 Sep

Impact 3 · · Simply Wall St.Simply Wall St.
stockrow.com/PEPG · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com