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Invex Therapeutics Ltd
ASX:IXC

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Invex Therapeutics Ltd
ASX:IXC
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Price: 0.11 AUD 10%
Market Cap: AU$8.3m

P/B

1.8
Current
56%
More Expensive
vs 3-y average of 1.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
AU$9m
/
Total Equity
AU$4.5m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
AU$9m
/
Total Equity
AU$4.5m

Valuation Scenarios

Invex Therapeutics Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.2), the stock would be worth AU$0.07 (36% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-36%
Maximum Upside
+221%
Average Upside
51%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.8 AU$0.11
0%
3-Year Average 1.2 AU$0.07
-36%
5-Year Average 1.3 AU$0.08
-26%
Industry Average 5.8 AU$0.35
+221%
Country Average 2.7 AU$0.16
+47%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Invex Therapeutics Ltd
ASX:IXC
8.3m AUD 1.8 -9.9
US
Eli Lilly and Co
NYSE:LLY
820.3B USD 30.9 39.7
US
Johnson & Johnson
NYSE:JNJ
542.6B USD 6.7 25.8
CH
Roche Holding AG
SIX:ROG
248.4B CHF 7.7 20.1
UK
AstraZeneca PLC
LSE:AZN
216.7B GBP 5.9 28.1
CH
Novartis AG
SIX:NOVN
218.2B CHF 5.9 19.6
US
Merck & Co Inc
NYSE:MRK
272.8B USD 5.2 14.9
IE
Endo International PLC
LSE:0Y5F
244.4B USD -58.7 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.2T DKK 6 11.4
US
Pfizer Inc
NYSE:PFE
152.3B USD 1.8 19.6
US
Bristol-Myers Squibb Co
NYSE:BMY
116.3B USD 6.3 16.5
P/E Multiple
Earnings Growth PEG
AU
Invex Therapeutics Ltd
ASX:IXC
Average P/E: 21.7
Negative Multiple: -9.9
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
39.7
32%
1.2
US
Johnson & Johnson
NYSE:JNJ
25.8
8%
3.2
CH
Roche Holding AG
SIX:ROG
20.1
14%
1.4
UK
AstraZeneca PLC
LSE:AZN
28.1
25%
1.1
CH
Novartis AG
SIX:NOVN
19.6
14%
1.4
US
Merck & Co Inc
NYSE:MRK
14.9
14%
1.1
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -83.6 N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
11.4
0%
N/A
US
Pfizer Inc
NYSE:PFE
19.6
22%
0.9
US
Bristol-Myers Squibb Co
NYSE:BMY
16.5
16%
1

Market Distribution

In line with most companies in Australia
Percentile
35th
Based on 2 062 companies
35th percentile
1.8
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Invex Therapeutics Ltd
Glance View

Market Cap
8.3m AUD
Industry
Pharmaceuticals

Invex Therapeutics Ltd. is a biopharmaceutical company, which engages in the research and development of treatment for neurological conditions resulting from raised intracranial pressure. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2019-07-05. The firm is focused on the development and commercialisation of Presendin (Exenatide) for neurological conditions relating to raised intracranial pressure. The firm received written responses from the United States Food and Drug Administration (FDA) Division of Neurology relating to its proposed Phase III clinical trial design for Presendin in Idiopathic Intracranial Hypertension (IIH). Exenatide is a glucagon-like peptide-1 receptor agonist approved for the treatment of type II diabetes. The firm focuses on reformulating Exenatide to deliver it in a way that enables exploitation of its unknown ability to reduce cerebral spinal fluid secretion in the choroid plexus of the brain. The firm intends to progress expediently to clinical evaluation and undertake the registration of different formulations of Exenatide optimized to treat different neurological conditions.

IXC Intrinsic Value
0.05 AUD
Overvaluation 54%
Intrinsic Value
Price AU$0.11
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