| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | 1 | — | — | 1 | 1 | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 56.93 | 77.32 | 154.96 | 95.33 |
| Receivables | 30.55 | 41.62 | 51.76 | 56.04 |
| Inventory | 5.52 | 6.00 | 11.51 | 14.37 |
| Other | — | — | — | — |
| 99.27 | 135.10 | 240.17 | 185.53 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 7.14 | 3.34 | 7.19 | 4.01 |
| ST’ Debt | — | — | — | — |
| Other | 19.33 | 38.19 | 44.18 | 28.19 |
| 53.27 | 63.30 | 99.24 | 95.59 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 58.82 | 78.70 | — | — |
—
|
| ’25 | 53.33 | 101.69 | 69.46 | 69.80 |
294.28
|
| ’24 | 29.53 | 36.84 | 55.31 | 57.60 |
179.28
|
| ’23 | 26.07 | 26.89 | 28.13 | 35.79 |
116.88
|
| ’22 | 16.74 | 29.82 | 22.41 | 51.28 |
120.24
|
| ’21 | 81.02 | 26.27 | 21.54 | 20.41 |
149.24
|
| ’20 | 55.76 | 16.02 | 18.39 | 18.45 |
108.62
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2.73 | 30.65 | — | — |
—
|
| ’25 | (0.89) | 30.54 | 24.03 | 21.98 |
75.66
|
| ’24 | (5.01) | 0.30 | 21.68 | 14.50 |
31.47
|
| ’23 | (4.07) | 5.93 | (1.36) | (6.24) |
(5.74)
|
| ’22 | (25.64) | (12.91) | (13.30) | (21.91) |
(73.76)
|
| ’21 | (19.95) | 55.22 | (10.30) | (19.09) |
5.88
|
| ’20 | (3.09) | (14.04) | (19.48) | (15.57) |
(52.18)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2.73 | (39.69) | — | — |
—
|
| ’25 | (0.89) | 30.54 | 24.02 | 21.98 |
75.66
|
| ’24 | (5.15) | 0.08 | 21.70 | 14.55 |
31.17
|
| ’23 | (18.95) | 5.93 | (1.34) | (6.13) |
(20.48)
|
| ’22 | (25.86) | (12.61) | (13.21) | (21.63) |
(73.31)
|
| ’21 | (20.03) | 54.81 | (10.47) | (19.06) |
5.25
|
| ’20 | (3.70) | (13.99) | (19.68) | (16.08) |
(53.45)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.44 | 0.88 | — | — |
—
|
| ’25 | 0.63 | 3.28 | 1.46 | 13.54 |
19.48
|
| ’24 | (0.50) | (0.06) | 0.70 | 0.80 |
0.99
|
| ’23 | (0.80) | (0.40) | (0.30) | 0.00 |
(1.40)
|
| ’22 | (1.60) | (0.80) | (1.10) | 0.10 |
(3.40)
|
| ’21 | 2.20 | (0.80) | (1.20) | (1.30) |
(1.10)
|
| ’20 | 1.30 | (1.00) | (0.80) | (1.10) |
(1.80)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 6.40 | 7.10 | 7.48 | 15.50 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 35.20 | 20.40 | 29.82 | 52.24 | — | — | — |
High Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 155 | 147 | 164 | 174 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.78 | 0.80 | 1.09 | 1.69 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 120.24 | 116.88 | 179.28 | 294.28 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 98.55% | 93.92% | 89.60% | 93.33% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (58.57) | (25.09) | 18.37 | 121.83 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (48.71%) | (21.47%) | 10.24% | 41.40% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (58.57) | (25.09) | 17.49 | 367.02 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.94 | 0.76 | 1.52 | 1.27 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.05 | 6.72 | 10.20 | 16.36 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | (3.40) | (1.40) | 0.99 | 20.40 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.33) | (0.33) | 1.79 | 4.21 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.03 | (0.85) | (0.02) | 0.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.30) | (1.18) | 1.77 | 4.21 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.80) | (1.65) | 0.19 | 21.76 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.05 | 17.40 | 17.58 | 17.99 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 17.52 | 2.12 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.90 | 2.17 | 1.65 | 2.62 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.00 | 0.00 | 89.93 | 1.97 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.75 | 2.14 | 1.51 | 2.17 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.88) | (12.21) | 8.67 | 8.46 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (73.76) | (5.74) | 31.47 | 75.66 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.44 | (14.74) | (0.30) | — | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (73.31) | (20.48) | 31.17 | 75.66 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 50.69 | 46.00 | 71.80 | 140.93 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 40.58 | 52.37 | 52.41 | 22.48 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (17.62) | (4.56) | (24.91) | (132.47) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (13.62) | (28.64) | 3.29 | 391.48 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (38.84%) | (19.95%) | 12.44% | 108.34% | — | — | — |
ROA
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | 0.00% | 0.00% | 0.00% | 30.28% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (699.05%) | 118.75% | (137.92%) | 185.94% | — | — | — |
ROE
|
Rigel Pharmaceuticals (RIGL), a clinical-stage biotech targeting immunology and hematology, has staged a notable turnaround with its flagship drug Tavalisse driving revenue from $20 million in 2016 to $179 million in 2024, alongside a shift to profitability—net income of $17.5 million and positive free cash flow in 2024 after years of deep losses. Operational efficiency shines through revenue per share up 372% and per employee surging 313%, with gross margins holding near 90%. Analyst forecasts fuel optimism: revenue projected to hit $293 million in 2025 (63% growth) and EPS leaping to $6.61, potentially delivering 20-30% annualized returns if executed.
Yet, this speculative opportunity carries classic biotech pitfalls, amplified by a fragile balance sheet—shareholders’ equity swung from negative $28.6 million in 2023 to a thin $3.3 million in 2024, with debt at $52 million despite ample cash. Historical cash burns, pipeline risks (90% failure rate), regulatory hurdles, and competition from giants like GlaxoSmithKline loom large, as does stock volatility (down 71% in 2022). Valuation looks cheap on forward multiples (5.2x PE), but negative book value history and lumpy capex demand caution—suitable only for small 2-3% allocations with tight stops. Dive into the full analysis for milestone watches and prudent positioning.
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