(ANAB) AnaptysBio - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0327241065

Antibody, Autoimmune, Inflammation, Dermatology, Phase

ANAB EPS (Earnings per Share)

EPS (Earnings per Share) of ANAB over the last years for every Quarter: "2020-09": -0.87, "2020-12": 1.2, "2021-03": -0.66, "2021-06": -0.02, "2021-09": -0.24, "2021-12": -1.13, "2022-03": -1.31, "2022-06": -1.15, "2022-09": -1.18, "2022-12": -0.93, "2023-03": -1.58, "2023-06": -1.5, "2023-09": -1.41, "2023-12": -1.59, "2024-03": -1.64, "2024-06": -1.71, "2024-09": -1.14, "2024-12": -0.72, "2025-03": -1.28, "2025-06": -1.34, "2025-09": 0,

ANAB Revenue

Revenue of ANAB over the last years for every Quarter: 2020-09: 0, 2020-12: 60, 2021-03: 11.247, 2021-06: 30.027, 2021-09: 20.89, 2021-12: 1.011, 2022-03: 0.97, 2022-06: 1.216, 2022-09: 1.293, 2022-12: 6.808, 2023-03: 1.374, 2023-06: 3.46, 2023-09: 3.318, 2023-12: 9.005, 2024-03: 7.179, 2024-06: 10.971, 2024-09: 30.017, 2024-12: 43.113, 2025-03: 27.771, 2025-06: 22.263, 2025-09: null,

Description: ANAB AnaptysBio October 22, 2025

AnaptysBio, Inc. (NASDAQ: ANAB) is a clinical-stage biotech based in San Diego that develops antibody-based immunology therapeutics. Its platform targets checkpoint and cytokine pathways implicated in autoimmune and inflammatory diseases.

The current pipeline includes: Rosnilimab (PD-1 agonist/depleting IgG1), ANB032 (non-depleting BTLA antibody), ANB033 (anti-CD122 antagonist affecting IL-15/IL-2 signaling), ANB101 (BDCA2 modulator for plasmacytoid dendritic cells), and Imsidolimab (IL-36 receptor blocker in Phase 3 for generalized pustular psoriasis). The company also leverages a collaboration and license agreement with GlaxoSmithKline (GSK) that provides milestone payments and shared development costs.

Recent financial data (Q2 2024) show a cash balance of approximately $115 million, a net cash burn of $45 million YoY, and R&D expenses representing ~55 % of total operating costs-typical for a firm with multiple Phase 1/2 programs. The market-cap sits near $300 million, implying a price-to-cash-burn multiple of ~6.5×, which is modest relative to peers with comparable cash run-off.

Key sector drivers include the expanding market for targeted immunotherapies (projected CAGR ≈ 12 % through 2030) and a favorable regulatory environment for biologics, especially in dermatology and autoimmune indications. However, execution risk remains high: Phase 3 success rates for novel checkpoint antibodies are historically below 30 %, and the company’s reliance on a single large partner (GSK) adds concentration risk.

For a deeper quantitative view of ANAB’s risk-adjusted upside, you may find ValueRay’s analyst toolkit useful for independent validation.

ANAB Stock Overview

Market Cap in USD 1,023m
Sub-Industry Biotechnology
IPO / Inception 2017-01-26

ANAB Stock Ratings

Growth Rating 37.3%
Fundamental 42.6%
Dividend Rating -
Return 12m vs S&P 500 56.1%
Analyst Rating 4.42 of 5

ANAB Dividends

Currently no dividends paid

ANAB Growth Ratios

Growth Correlation 3m 92.5%
Growth Correlation 12m 65%
Growth Correlation 5y -26.7%
CAGR 5y 8.67%
CAGR/Max DD 3y (Calmar Ratio) 0.13
CAGR/Mean DD 3y (Pain Ratio) 0.26
Sharpe Ratio 12m -0.96
Alpha 97.54
Beta -0.169
Volatility 73.66%
Current Volume 377.9k
Average Volume 20d 309.5k
Stop Loss 37.5 (-5.4%)
Signal -0.23

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income (-132.6m TTM) > 0 and > 6% of Revenue (6% = 7.39m TTM)
FCFTA -0.38 (>2.0%) and ΔFCFTA -7.81pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 208.2% (prev 1073 %; Δ -864.7pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.38 (>3.0%) and CFO -127.7m > Net Income -132.6m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 8.22 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (28.8m) change vs 12m ago 5.32% (target <= -2.0% for YES)
Gross Margin 99.03% (prev 92.14%; Δ 6.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 32.30% (prev 7.13%; Δ 25.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -0.98 (EBITDA TTM -66.5m / Interest Expense TTM 70.5m) >= 6 (WARN >= 3)

Altman Z'' -6.65

(A) 0.76 = (Total Current Assets 291.9m - Total Current Liabilities 35.5m) / Total Assets 335.2m
(B) -2.50 = Retained Earnings (Balance) -837.3m / Total Assets 335.2m
warn (B) unusual magnitude: -2.50 — check mapping/units
(C) -0.18 = EBIT TTM -69.0m / Avg Total Assets 381.3m
(D) -2.20 = Book Value of Equity -837.3m / Total Liabilities 380.0m
Total Rating: -6.65 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 42.57

1. Piotroski 1.0pt = -4.0
2. FCF Yield -11.60% = -5.0
3. FCF Margin data missing
4. Debt/Equity -7.74 = -2.50
5. Debt/Ebitda -4.54 = -2.50
7. RoE -367.0% = -2.50
8. Rev. Trend 88.11% = 6.61
9. EPS Trend 49.25% = 2.46

What is the price of ANAB shares?

As of November 10, 2025, the stock is trading at USD 39.65 with a total of 377,850 shares traded.
Over the past week, the price has changed by +10.02%, over one month by +24.80%, over three months by +98.25% and over the past year by +77.01%.

Is AnaptysBio a good stock to buy?

No, based on ValueRay´s Fundamental Analyses, AnaptysBio (NASDAQ:ANAB) is currently (November 2025) a stock to sell. It has a ValueRay Fundamental Rating of 42.57 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ANAB is around 44.38 USD . This means that ANAB is currently undervalued and has a potential upside of +11.93% (Margin of Safety).

Is ANAB a buy, sell or hold?

AnaptysBio has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy ANAB.
  • Strong Buy: 7
  • Buy: 3
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the ANAB price?

Issuer Target Up/Down from current
Wallstreet Target Price 65.7 65.8%
Analysts Target Price 65.7 65.8%
ValueRay Target Price 48.1 21.4%

ANAB Fundamental Data Overview November 04, 2025

Market Cap USD = 1.02b (1.02b USD * 1.0 USD.USD)
P/S = 8.308
P/B = 114.7281
Beta = -0.169
Revenue TTM = 123.2m USD
EBIT TTM = -69.0m USD
EBITDA TTM = -66.5m USD
Long Term Debt = 15.1m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 2.00m USD (from shortTermDebt, last quarter)
Debt = 346.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 302.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.10b USD (1.02b + Debt 346.5m - CCE 265.7m)
Interest Coverage Ratio = -0.98 (Ebit TTM -69.0m / Interest Expense TTM 70.5m)
FCF Yield = -11.60% (FCF TTM -128.1m / Enterprise Value 1.10b)
FCF Margin = -104.0% (FCF TTM -128.1m / Revenue TTM 123.2m)
Net Margin = -107.7% (Net Income TTM -132.6m / Revenue TTM 123.2m)
Gross Margin = 99.03% ((Revenue TTM 123.2m - Cost of Revenue TTM 1.20m) / Revenue TTM)
Gross Margin QoQ = 97.30% (prev 100.0%)
Tobins Q-Ratio = 3.29 (Enterprise Value 1.10b / Total Assets 335.2m)
Interest Expense / Debt = 5.66% (Interest Expense 19.6m / Debt 346.5m)
Taxrate = -0.10% (negative due to tax credits) (39.0k / -38.6m)
NOPAT = -69.0m (EBIT -69.0m * (1 - -0.10%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 8.22 (Total Current Assets 291.9m / Total Current Liabilities 35.5m)
Debt / Equity = -7.74 (negative equity) (Debt 346.5m / totalStockholderEquity, last quarter -44.7m)
Debt / EBITDA = -4.54 (negative EBITDA) (Net Debt 302.2m / EBITDA -66.5m)
Debt / FCF = -2.36 (negative FCF - burning cash) (Net Debt 302.2m / FCF TTM -128.1m)
Total Stockholder Equity = 36.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -39.55% (Net Income -132.6m / Total Assets 335.2m)
RoE = -367.0% (Net Income TTM -132.6m / Total Stockholder Equity 36.1m)
RoCE = -134.6% (out of range, set to none) (EBIT -69.0m / Capital Employed (Equity 36.1m + L.T.Debt 15.1m))
RoIC = -191.0% (out of range, set to none) (NOPAT -69.0m / Invested Capital 36.1m)
WACC = 5.46% (E(1.02b)/V(1.37b) * Re(5.39%) + D(346.5m)/V(1.37b) * Rd(5.66%) * (1-Tc(-0.00)))
Discount Rate = 5.39% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 4.10%
Fair Price DCF = unknown (Cash Flow -128.1m)
EPS Correlation: 49.25 | EPS CAGR: 28.98% | SUE: 2.92 | # QB: 1
Revenue Correlation: 88.11 | Revenue CAGR: 181.5% | SUE: 0.70 | # QB: 0

Additional Sources for ANAB Stock

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