0KF3 Intrinsic Valuation and Fundamental Analysis - Palatin Technologies Inc - Alpha Spread
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Palatin Technologies Inc
LSE:0KF3

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Palatin Technologies Inc
LSE:0KF3
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Price: 1.6204 USD -1.47% Market Closed
Market Cap: 44.5B USD
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Intrinsic Value

0KF3's intrinsic value estimate is unreliable because it is based only on its multiples and doesn't use a DCF valuation.

The intrinsic value of one 0KF3 stock under the Base Case scenario is 0.1329 USD. Compared to the current market price of 1.6204 USD, Palatin Technologies Inc is Overvalued by 92%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

0KF3 Intrinsic Value
0.1329 USD
Overvaluation 92%
Intrinsic Value
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Palatin Technologies Inc

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Fundamental Analysis

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Business Breakdown

Palatin Technologies Inc. is a clinical-stage biopharmaceutical company that focuses on developing innovative therapies to address unmet medical needs in various health conditions, particularly in women's health and sexual dysfunction. The company is primarily known for its lead product candidate, Vyleesi (bremelanotide injection), which was approved by the FDA for the treatment of premenopausal women with hypoactive sexual desire disorder (HSDD). This groundbreaking therapy offers a novel approach to a condition that has traditionally been underserved, highlighting Palatin’s commitment to improving quality of life for its patients. With a robust pipeline of other potential treatments, the c...

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Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Palatin Technologies Inc

Current Assets 10.3m
Cash & Short-Term Investments 10m
Other Current Assets 254.6k
Non-Current Assets 1.1m
PP&E 1.1m
Other Non-Current Assets 56.9k
Current Liabilities 8.5m
Accounts Payable 3.4m
Accrued Liabilities 2.7m
Other Current Liabilities 2.4m
Non-Current Liabilities 1.3m
Other Non-Current Liabilities 1.3m
Efficiency

Earnings Waterfall
Palatin Technologies Inc

Revenue
5.9m USD
Cost of Revenue
-197.6k USD
Gross Profit
5.7m USD
Operating Expenses
-38.5m USD
Operating Income
-32.8m USD
Other Expenses
-106.2k USD
Net Income
-32.9m USD

Free Cash Flow Analysis
Palatin Technologies Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
Earnings Calls

In the third quarter of FY2024, Palatin reported a significant operational shift following the sale of Vyleesi's rights, resulting in zero product sales for the quarter, down from $3.4 million in Q3 FY2023. Operating expenses rose to $9.2 million, primarily due to increased investment in melanocortin receptor programs. The net loss narrowed to $8.4 million from $8.7 million. Key developments included promising Phase III results for PL-9643 in treating dry eye disease, with plans to initiate two new clinical programs by mid-2024. The company's cash position improved to $10 million, projecting sufficient funds into the second half of calendar 2024.

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Fundamental Scores

0KF3 Profitability Score
Profitability Due Diligence

Palatin Technologies Inc's profitability score is 20/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
Exceptional Revenue Growth Forecast
Exceptional 1-Year Revenue Growth
Declining ROE
20/100
Profitability
Score

Palatin Technologies Inc's profitability score is 20/100. The higher the profitability score, the more profitable the company is.

0KF3 Solvency Score
Solvency Due Diligence

Palatin Technologies Inc's solvency score is 55/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Low D/E
Short-Term Solvency
Long-Term Solvency
55/100
Solvency
Score

Palatin Technologies Inc's solvency score is 55/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

0KF3 Price Targets Summary
Palatin Technologies Inc

Wall Street analysts forecast 0KF3 stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for 0KF3 is 8.7252 USD with a low forecast of 2.9906 USD and a high forecast of 17.6182 USD.

Lowest
Price Target
2.9906 USD
85% Upside
Average
Price Target
8.7252 USD
438% Upside
Highest
Price Target
17.6182 USD
987% Upside
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Shareholder Yield

Current shareholder yield for 0KF3 is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

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0KF3 Price
Palatin Technologies Inc

1M 1M
+20%
6M 6M
-14%
1Y 1Y
-23%
3Y 3Y
+248%
5Y 5Y
+206%
10Y 10Y
+45%
Annual Price Range
1.6204
52w Low
1.3464
52w High
5.4491
Price Metrics
Average Annual Return 153.22%
Standard Deviation of Annual Returns 267.85%
Max Drawdown -83%
Shares Statistics
Market Capitalization 44.5B USD
Shares Outstanding 27 468 700 139
Percentage of Shares Shorted
N/A

Competitive Landscape

Profile

Palatin Technologies Inc

Country

United States of America

Industry

Biotechnology

Market Cap

44.5B USD

Dividend Yield

0%

Description

Palatin Technologies, Inc. is a biopharmaceutical company, which engages in the development of medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems. The company is headquartered in Cranbury, New Jersey and currently employs 26 full-time employees. Palatin is focused on developing medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems. Palatin product candidates are targeted receptor-specific therapeutics for the treatment of diseases with unmet medical need and commercial potential. The melanocortin receptor (MCr) system has effects on food intake, metabolism, sexual function, inflammation, and immune system responses. The natriuretic peptide receptor (NPR) system regulates cardiovascular functions and tissue homeostasis, and therapeutic agents modulating this system have potential to treat cardiovascular and fibrotic diseases. Palatin lead product includes Vyleesi for the treatment of hypoactive sexual desire disorder (HSDD) in premenopausal women. Its other product line includes PL9643 for dry eye disease and anti-inflammatory ocular indications and Oral PL8177 for inflammatory bowel diseases.

Contact

NEW JERSEY
Cranbury
4B Cedar Brook Drive
+16094952200.0
www.palatin.com

IPO

1999-12-21

Employees

26

Officers

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What is the Intrinsic Value of one 0KF3 stock?

The intrinsic value of one 0KF3 stock under the Base Case scenario is 0.1329 USD.

Is 0KF3 stock undervalued or overvalued?

Compared to the current market price of 1.6204 USD, Palatin Technologies Inc is Overvalued by 92%.

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