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Immatics NV
NASDAQ:IMTX

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Immatics NV
NASDAQ:IMTX
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Price: 11.35 USD Market Closed
Market Cap: $1.5B

P/E

-6.7
Current
28%
Cheaper
vs 3-y average of -9.3

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-6.7
=
Market Cap
$1.4B
/
Net Income
€-196.4m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-6.7
=
Market Cap
$1.4B
/
Net Income
€-196.4m

Valuation Scenarios

Immatics NV is trading above its industry average

If P/E returns to its Industry Average (7), the stock would be worth $-11.83 (204% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-386%
Maximum Upside
No Upside Scenarios
Average Downside
295%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -6.7 $11.35
0%
Industry Average 7 $-11.83
-204%
Country Average 19.3 $-32.49
-386%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
$1.4B
/
Jan 2026
€-196.4m
=
-6.7
Current
$1.4B
/
Dec 2026
€-214.2m
=
-6.5
Forward
$1.4B
/
Dec 2027
€-212.3m
=
-6.5
Forward
$1.4B
/
Dec 2028
€-197.2m
=
-7
Forward
$1.4B
/
Dec 2029
€-131.4m
=
-10.5
Forward
$1.4B
/
Dec 2030
€-34.8m
=
-39.7
Forward
$1.4B
/
Dec 2031
€36.7m
=
37.7
Forward
$1.4B
/
Dec 2032
€179.3m
=
7.7
Forward
$1.4B
/
Dec 2033
€314.4m
=
4.4
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

All Countries
Close
Market Cap P/E
DE
Immatics NV
NASDAQ:IMTX
1.5B USD -6.7
FR
Pharnext SCA
OTC:PNEXF
6T USD -160 127.7
US
Abbvie Inc
NYSE:ABBV
348.9B USD 83.4
US
Amgen Inc
NASDAQ:AMGN
183.4B USD 23.8
US
Gilead Sciences Inc
NASDAQ:GILD
158.5B USD 18.6
US
Epizyme Inc
F:EPE
94.1B EUR -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
109.3B USD 27.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
79.4B USD 17.5
NL
argenx SE
XBRU:ARGX
41.9B EUR 37.9
US
Seagen Inc
F:SGT
39.3B EUR -61.8
AU
CSL Ltd
ASX:CSL
62.7B AUD 31.1
Earnings Growth PEG
DE
Immatics NV
NASDAQ:IMTX
Average P/E: 34.2
Negative Multiple: -6.7
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.4
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.8
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.6
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.4
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.5
14%
1.2
NL
argenx SE
XBRU:ARGX
37.9
30%
1.3
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
31.1
9%
3.5

Market Distribution

Lower than 100% of companies in Germany
Percentile
0th
Based on 2 106 companies
0th percentile
-6.7
Low
0 — 13.8
Typical Range
13.8 — 29.5
High
29.5 —
Distribution Statistics
Germany
Min 0
30th Percentile 13.8
Median 19.3
70th Percentile 29.5
Max 8 582.9

Immatics NV
Glance View

Market Cap
1.5B USD
Industry
Biotechnology

Immatics NV is a clinical stage biopharmaceutical company, which engages in the research and development of T cell receptor-based immunotherapies for the treatment of cancer. The company is headquartered in Tuebingen, Baden-Wuerttemberg and currently employs 188 full-time employees. The firm is focused on the discovery and development of T-Cell eceptors with the goal of enabling a robust and specific T-Cell response against these targets. The firm develops targeted immunotherapies with an emphasis on treating solid tumors through two distinct therapeutic modalities: Adoptive Cell Therapies (ACT) and antibody-like TCR Bispecifics (TCER). Its wholly owned pipeline comprises of eight therapeutic programs, of which four are in clinical trials, including IMA201 (MAGEA4/8), IMA202 (MAGEA1) and ACTolog IMA 101 (Multi-target pilot trial) for solid cancers and IMA203 (PRAME) for hematological and solid cancers, as well as four are in preclinical development, including IMA204 (COL6A3) and IMA401 (Cancer testis antigen) for solid cancers, and ACTallo IMA301 (Cancer testis antigen) and IMA402 (Cancer testis antigen) for hematological and solid cancers.

IMTX Intrinsic Value
3.74 USD
Overvaluation 67%
Intrinsic Value
Price $11.35
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