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YMAB - Y-mAbs Therapeutics,...

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Y-mAbs Therapeutics, Inc.

YMAB

NASDAQ

Y-mAbs Therapeutics, Inc., a commercial-stage biopharmaceutical company, focuses on the development and commercialization of novel antibody based therapeutic products for the treatment of cancer in the United States. It offers DANYELZA, a monoclonal antibody in combination with granulocyte-macrophage colony-stimulating factor for the treatment of pediatric patients with relapsed or refractory high-risk neuroblastoma. The company is also developing DANYELZA that is in Phase II clinical studies for the treatment of patients with first-line neuroblastoma, third-line neuroblastoma, and in relapsed osteosarcoma; GD2-GD3 vaccine that is in Phase II clinical trial for the treatment of Stage 4 high-risk neuroblastoma; and Omburtamab, a murine monoclonal antibody that is in clinical trials for the treatment of central nervous system/ leptomeningeal metastases from neuroblastoma, desmoplastic small round cell tumor, diffuse intrinsic pontine glioma, and other B7-H3 positive tumors. In addition, it is developing Nivatrotamab for the treatment of small cell lung cancer, as well as is in Phase I/II trial for the treatment of refractory GD2 positive adult and pediatric solid tumors; and Lu-omburtamab-DTPA that is in Phase I clinical development for the treatment of medulloblastoma and B7-H3 positive leptomeningeal metastases from solid tumors. The company has a license agreement with Memorial Sloan Kettering Cancer Center and Massachusetts Institute of Technology to develop and commercialize licensed products. Y-mAbs Therapeutics, Inc. was incorporated in 2015 and is headquartered in New York, New York.

4.83 USD

0.48 (9.94%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

20.75M

34.9M

65.27M

84.82M

87.69M

129.02M

189.83M

279.3M

410.96M

604.66M

Revenue %

-

68.18

87.03

29.96

3.38

47.14

47.14

47.14

47.14

Ebitda

-119.54M

-54.49M

-94.73M

-24.94M

-31.2M

-94.18M

-138.57M

-203.88M

-299.98M

-441.38M

Ebitda %

-576.09

-156.15

-145.14

-29.4

-35.58

-73

-73

-73

-73

Ebit

-119.94M

-55.27M

-95.57M

-25.67M

-31.2M

-94.4M

-138.9M

-204.37M

-300.7M

-442.43M

Ebit %

-578

-158.39

-146.43

-30.27

-35.58

-73.17

-73.17

-73.17

-73.17

Depreciation

396k

782k

839k

735k

-

1.63M

2.39M

3.52M

5.18M

7.62M

Depreciation %

1.91

2.24

1.29

0.87

-

1.26

1.26

1.26

1.26

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

114.63M

181.56M

105.76M

78.64M

67.23M

121.12M

178.21M

262.2M

385.8M

567.64M

Total Cash %

552.45

520.29

162.05

92.71

76.68

93.88

93.88

93.88

93.88

Receivables

-

7.71M

12.53M

22.45M

19.69M

23.28M

34.25M

50.4M

74.16M

109.11M

Receivables %

-

22.1

19.2

26.47

22.45

18.04

18.04

18.04

18.04

Inventories

-800k

5.51M

6.7M

5.07M

7.21M

9.39M

13.82M

20.34M

29.92M

44.03M

Inventories %

-3.86

15.8

10.27

5.97

8.23

7.28

7.28

7.28

7.28

Payable

9.37M

13.55M

14.18M

6.06M

6.66M

31.08M

45.73M

67.29M

99.01M

145.68M

Payable %

45.17

38.83

21.72

7.14

7.6

24.09

24.09

24.09

24.09

Cap Ex

-175k

-967k

-

-

-

-932.62k

-1.37M

-2.02M

-2.97M

-4.37M

Cap Ex %

-0.84

-2.77

-

-

-

-0.72

-0.72

-0.72

-0.72

Weighted Average Cost Of Capital

Price

4.83

Beta

Diluted Shares Outstanding

44.33M

Costof Debt

4.15

Tax Rate

After Tax Cost Of Debt

4.13

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

820k

Total Equity

214.11M

Total Capital

214.93M

Debt Weighting

0.38

Equity Weighting

99.62

Wacc

7.45

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

20.75M

34.9M

65.27M

84.82M

87.69M

129.02M

189.83M

279.3M

410.96M

604.66M

Ebitda

-119.54M

-54.49M

-94.73M

-24.94M

-31.2M

-94.18M

-138.57M

-203.88M

-299.98M

-441.38M

Ebit

-119.94M

-55.27M

-95.57M

-25.67M

-31.2M

-94.4M

-138.9M

-204.37M

-300.7M

-442.43M

Tax Rate

0.49

0.49

0.49

0.49

0.49

0.49

0.49

0.49

0.49

0.49

Ebiat

-118.94M

-56.34M

-96.33M

-26.36M

-31.05M

-94.15M

-138.53M

-203.83M

-299.9M

-441.26M

Depreciation

396k

782k

839k

735k

-

1.63M

2.39M

3.52M

5.18M

7.62M

Receivables

-

7.71M

12.53M

22.45M

19.69M

23.28M

34.25M

50.4M

74.16M

109.11M

Inventories

-800k

5.51M

6.7M

5.07M

7.21M

9.39M

13.82M

20.34M

29.92M

44.03M

Payable

9.37M

13.55M

14.18M

6.06M

6.66M

31.08M

45.73M

67.29M

99.01M

145.68M

Cap Ex

-175k

-967k

-

-

-

-932.62k

-1.37M

-2.02M

-2.97M

-4.37M

Ufcf

-108.54M

-66.37M

-100.87M

-42.03M

-29.83M

-74.81M

-138.26M

-203.43M

-299.32M

-440.4M

Wacc

7.45

7.45

7.45

7.45

7.45

Pv Ufcf

-69.62M

-119.75M

-163.98M

-224.55M

-307.48M

Sum Pv Ufcf

-885.36M

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

7.45

Free Cash Flow T1

-449.21M

Terminal Value

-8.24B

Present Terminal Value

-5.75B

Intrinsic Value

Enterprise Value

-6.64B

Net Debt

-66.41M

Equity Value

-6.57B

Diluted Shares Outstanding

44.33M

Equity Value Per Share

-148.27

Projected DCF

-148.27 1.033%

DCF Levered

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