Financials Abivax

Equities

ABVX

FR0012333284

Biotechnology & Medical Research

Market Closed - Euronext Paris 11:35:07 2024-05-03 am EDT 5-day change 1st Jan Change
14.06 EUR +1.74% Intraday chart for Abivax -5.13% +43.18%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 265.2 475.9 467.2 103.7 615.2 884.6 - -
Enterprise Value (EV) 1 276.6 446.6 406.5 76.71 439.9 797.2 839.9 609.7
P/E ratio -8.98 x -13.1 x -11.6 x -1.97 x -2.86 x -5.1 x -4.97 x -4.26 x
Yield - - - - - - - -
Capitalization / Revenue - 280 x 48.2 x 1,037 x 134 x 268 x 411 x 115 x
EV / Revenue - 263 x 41.9 x 767 x 95.6 x 242 x 390 x 79.1 x
EV / EBITDA -8.33 x -11.8 x -9.59 x -1.36 x -3.47 x -5.4 x -5.02 x -3.27 x
EV / FCF -9.74 x -14.5 x -8.59 x -1.16 x -4.52 x -5.71 x -5.39 x -4.19 x
FCF Yield -10.3% -6.88% -11.6% -85.9% -22.1% -17.5% -18.6% -23.9%
Price to Book - - 13.4 x 15.8 x 3.15 x 8.73 x -14.2 x -
Nbr of stocks (in thousands) 11,762 13,834 16,363 16,774 62,646 62,918 - -
Reference price 2 22.55 34.40 28.55 6.180 9.820 14.06 14.06 14.06
Announcement Date 3/16/20 3/31/21 3/16/22 4/19/23 4/2/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 1.7 9.7 0.1 4.6 3.297 2.152 7.708
EBITDA 1 -33.22 -37.94 -42.4 -56.57 -126.7 -147.7 -167.3 -186.7
EBIT 1 -33.3 -38 -42.6 -56.6 -127.4 -152.6 -177.3 -215.6
Operating Margin - -2,235.29% -439.18% -56,600% -2,769.57% -4,629.66% -8,237.33% -2,796.76%
Earnings before Tax (EBT) 1 -34.9 -40.1 -45.6 -74.32 -147.7 -155.8 -177 -209.6
Net income 1 -30.6 -37.6 -41.4 -69.8 -147.4 -159.2 -173.3 -224
Net margin - -2,211.76% -426.8% -69,800% -3,204.35% -4,828.97% -8,053.28% -2,905.73%
EPS 2 -2.510 -2.620 -2.470 -3.130 -3.430 -2.757 -2.827 -3.300
Free Cash Flow 1 -28.41 -30.72 -47.3 -65.88 -97.4 -139.7 -156 -145.6
FCF margin - -1,807.12% -487.62% -65,885% -2,117.28% -4,237.01% -7,245.3% -1,889.02%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 3/16/20 3/31/21 3/16/22 4/19/23 4/2/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 S1 2023 S1 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1
Net sales 1 - - 2.4 1.123 1.123 2.35 1.123 1.123 2.35 1.123
EBITDA - - - - - - - - - -
EBIT 1 -18.6 - - -32.13 -32.13 -95.6 -32.13 -32.13 -103.6 -32.39
Operating Margin - - - -2,861.44% -2,861.44% -4,068.09% -2,861.44% -2,861.44% -4,408.51% -2,884.59%
Earnings before Tax (EBT) 1 - - - -32.13 -32.13 -101.6 -32.13 -32.13 -109.6 -32.39
Net income 1 -29.6 -51.95 -95.4 -32.13 -32.13 -97.45 -32.13 -32.13 -105.6 -32.39
Net margin - - -3,975% -2,861.44% -2,861.44% -4,146.81% -2,861.44% -2,861.44% -4,493.62% -2,884.59%
EPS - -1.450 - - - -1.620 - - -1.540 -
Dividend per Share - - - - - - - - - -
Announcement Date 9/15/22 9/29/23 4/2/24 - - - - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 11.4 - - - - - - -
Net Cash position 1 - 29.3 60.7 27 175 87.4 44.7 275
Leverage (Debt/EBITDA) -0.3432 x - - - - - - -
Free Cash Flow 1 -28.4 -30.7 -47.3 -65.9 -97.4 -140 -156 -146
ROE (net income / shareholders' equity) - - - - -145% -131% -202% -122%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - 2.130 0.3900 3.120 1.610 -0.9900 -
Cash Flow per Share 2 -2.400 -2.170 -2.820 -2.940 - -2.200 -2.100 -
Capex 1 0.94 0.9 1.64 0.31 - 2.1 2 6
Capex / Sales - 52.82% 16.93% 306% - 63.7% 92.92% 77.84%
Announcement Date 3/16/20 3/31/21 3/16/22 4/19/23 4/2/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
14.06 EUR
Average target price
37.59 EUR
Spread / Average Target
+167.35%
Consensus