(CTMX) CytomX Therapeutics - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US23284F1057

Antibody-Drug Conjugate, T-Cell Engager, Probody Cytokine, Bispecific Antibody

EPS (Earnings per Share)

EPS (Earnings per Share) of CTMX over the last years for every Quarter: "2020-12": -0.32, "2021-03": -0.26, "2021-06": -0.3, "2021-09": -0.35, "2021-12": -0.4, "2022-03": -0.37, "2022-06": -0.37, "2022-09": -0.35, "2022-12": -0.43, "2023-03": -0.05, "2023-06": -0.02, "2023-09": 0.04, "2023-12": 0.01, "2024-03": 0.17, "2024-06": -0.08, "2024-09": 0.07, "2024-12": 0.23, "2025-03": 0.27, "2025-06": -0.0012, "2025-09": -0.09, "2025-12": 0,

Revenue

Revenue of CTMX over the last years for every Quarter: 2020-12: 16.373, 2021-03: 15.971, 2021-06: 16.288, 2021-09: 17.587, 2021-12: 19.727, 2022-03: 9.04, 2022-06: 12.853, 2022-09: 11.147, 2022-12: 20.123, 2023-03: 23.499, 2023-06: 24.724, 2023-09: 26.384, 2023-12: 26.607, 2024-03: 41.463, 2024-06: 25.115, 2024-09: 33.432, 2024-12: 38.093, 2025-03: 50.917, 2025-06: 18.658, 2025-09: 5.963, 2025-12: null,

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 92.5%
Value at Risk 5%th 122%
Relative Tail Risk -19.69%
Reward TTM
Sharpe Ratio 1.57
Alpha 346.09
CAGR/Max DD 0.22
Character TTM
Hurst Exponent 0.440
Beta 2.143
Beta Downside 1.230
Drawdowns 3y
Max DD 91.59%
Mean DD 53.06%
Median DD 52.46%

Description: CTMX CytomX Therapeutics December 29, 2025

CytomX Therapeutics (NASDAQ:CTMX) is an oncology-focused biopharma that leverages its conditional-activation PROBODY platform to create antibodies that become active only within the tumor microenvironment, aiming to broaden the therapeutic window for ADCs, T-cell engagers, and cytokine therapies.

Current lead assets include CX-904 (an EGFR-directed T-cell-engaging bispecific), CX-2051 (a conditional ADC against EpCAM for colorectal and other epithelial cancers), and CX-801 (a PROBODY-masked interferon-α2b cytokine). The pipeline also contains CX-2029 (CD71-targeted ADC) and a PROBODY version of non-fucosylated ipilimumab (BMS-986288) in collaboration with Bristol Myers Squibb.

Strategic partnerships span Amgen, Astellas, Regeneron, Moderna, and a clinical-trial supply agreement with Merck to test CX-801 alongside KEYTRUDA (pembrolizumab). These collaborations provide non-dilutive funding and de-risk development, but the company remains early-stage with no commercial products.

As of the latest filing (Q3 2024), CytomX reported cash and equivalents of roughly $140 million, giving it an estimated 18-month runway at current burn rates; the biotech sector’s ADC market is projected to grow at a CAGR of ~15% through 2030, a macro driver that could lift the valuation of conditional-activation technologies if clinical milestones are met.

For anyone building a deeper thesis on CTMX, a quick look at ValueRay’s analyst notes may surface additional quantitative insights worth exploring.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (28.0m TTM) > 0 and > 6% of Revenue (6% = 6.82m TTM)
FCFTA -0.46 (>2.0%) and ΔFCFTA 18.16pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 95.21% (prev 3.91%; Δ 91.30pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.46 (>3.0%) and CFO -72.3m <= Net Income 28.0m (YES >=105%, WARN >=100%)
Net Debt (-28.6m) to EBITDA (26.1m) ratio: -1.09 <= 3.0 (WARN <= 3.5)
Current Ratio 3.64 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (165.0m) change vs 12m ago 93.66% (target <= -2.0% for YES)
Gross Margin 99.33% (prev 98.88%; Δ 0.45pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 76.46% (prev 91.10%; Δ -14.65pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -7.26 (EBITDA TTM 26.1m / Interest Expense TTM -3.42m) >= 6 (WARN >= 3)

Altman Z'' -22.54

(A) 0.68 = (Total Current Assets 149.2m - Total Current Liabilities 41.0m) / Total Assets 158.3m
(B) -4.31 = Retained Earnings (Balance) -682.4m / Total Assets 158.3m
warn (B) unusual magnitude: -4.31 — check mapping/units
(C) 0.17 = EBIT TTM 24.8m / Avg Total Assets 148.6m
(D) -13.41 = Book Value of Equity -682.3m / Total Liabilities 50.9m
Total Rating: -22.54 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.52

1. Piotroski 3.0pt
2. FCF Yield -12.43%
3. FCF Margin -63.67%
4. Debt/Equity 0.05
5. Debt/Ebitda -1.09
6. ROIC - WACC (= 25.15)%
7. RoE 44.49%
8. Rev. Trend 20.55%
9. EPS Trend 69.61%

What is the price of CTMX shares?

As of January 17, 2026, the stock is trading at USD 4.30 with a total of 4,000,711 shares traded.
Over the past week, the price has changed by +23.91%, over one month by +26.82%, over three months by +64.33% and over the past year by +536.29%.

Is CTMX a buy, sell or hold?

CytomX Therapeutics has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy CTMX.
  • Strong Buy: 2
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the CTMX price?

Issuer Target Up/Down from current
Wallstreet Target Price 7.1 64.4%
Analysts Target Price 7.1 64.4%
ValueRay Target Price 4.8 12.3%

CTMX Fundamental Data Overview January 17, 2026

P/E Trailing = 14.1667
P/E Forward = 14.2045
P/S = 6.3372
P/B = 6.7055
P/EG = -1.8
Revenue TTM = 113.6m USD
EBIT TTM = 24.8m USD
EBITDA TTM = 26.1m USD
Long Term Debt = 5.60m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 5.60m USD (from shortTermDebt, last quarter)
Debt = 5.60m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -28.6m USD (from netDebt column, last quarter)
Enterprise Value = 582.1m USD (720.1m + Debt 5.60m - CCE 143.6m)
Interest Coverage Ratio = -7.26 (Ebit TTM 24.8m / Interest Expense TTM -3.42m)
EV/FCF = -8.05x (Enterprise Value 582.1m / FCF TTM -72.4m)
FCF Yield = -12.43% (FCF TTM -72.4m / Enterprise Value 582.1m)
FCF Margin = -63.67% (FCF TTM -72.4m / Revenue TTM 113.6m)
Net Margin = 24.66% (Net Income TTM 28.0m / Revenue TTM 113.6m)
Gross Margin = 99.33% ((Revenue TTM 113.6m - Cost of Revenue TTM 760.0k) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 98.14%)
Tobins Q-Ratio = 3.68 (Enterprise Value 582.1m / Total Assets 158.3m)
Interest Expense / Debt = 41.85% (Interest Expense 2.34m / Debt 5.60m)
Taxrate = 0.70% (224.0k / 32.1m)
NOPAT = 24.7m (EBIT 24.8m * (1 - 0.70%))
Current Ratio = 3.64 (Total Current Assets 149.2m / Total Current Liabilities 41.0m)
Debt / Equity = 0.05 (Debt 5.60m / totalStockholderEquity, last quarter 107.4m)
Debt / EBITDA = -1.09 (Net Debt -28.6m / EBITDA 26.1m)
Debt / FCF = 0.40 (negative FCF - burning cash) (Net Debt -28.6m / FCF TTM -72.4m)
Total Stockholder Equity = 63.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 18.85% (Net Income 28.0m / Total Assets 158.3m)
RoE = 44.49% (Net Income TTM 28.0m / Total Stockholder Equity 63.0m)
RoCE = 36.23% (EBIT 24.8m / Capital Employed (Equity 63.0m + L.T.Debt 5.60m))
RoIC = 39.17% (NOPAT 24.7m / Invested Capital 63.0m)
WACC = 14.02% (E(720.1m)/V(725.7m) * Re(13.81%) + D(5.60m)/V(725.7m) * Rd(41.85%) * (1-Tc(0.01)))
Discount Rate = 13.81% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 56.57%
Fair Price DCF = unknown (Cash Flow -72.4m)
EPS Correlation: 69.61 | EPS CAGR: 64.06% | SUE: 0.73 | # QB: 0
Revenue Correlation: 20.55 | Revenue CAGR: -27.32% | SUE: -0.76 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.10 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=-0.36 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=-1403.4% | Growth Revenue=-63.0%

Additional Sources for CTMX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle