(QURE) Uniqure - Overview
Sector: Healthcare | Industry: Biotechnology | Exchange: NASDAQ (USA) | Market Cap: 1.799m USD | Total Return: 59.2% in 12m
Avg Turnover: 38.8M
Qual. Beats: 0
Rev. Trend: -70.3%
Qual. Beats: 0
Warnings
Share dilution 28.6% YoY
Interest Coverage Ratio -2.8 is critical
Beneish M-Score 0.29 > -1.5 - likely earnings manipulation
Altman Z'' -2.48 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Rs Leader, Idiosyncratic Leader, Confidence
uniQure N.V. (QURE) is a biotechnology company specializing in the development of gene therapies for rare and devastating diseases. Its commercial portfolio includes HEMGENIX, a treatment for hemophilia B, while its clinical pipeline focuses on central nervous system and metabolic disorders. The companys lead candidate, AMT-130, is currently in Phase I/II trials for Huntington’s disease, alongside several early-stage programs for epilepsy, ALS, and Fabry disease.
The gene therapy sector operates under a high-intensity R&D model where companies utilize viral vectors to deliver functional genes into a patients cells to treat the underlying cause of genetic conditions. Unlike traditional pharmaceuticals that require chronic dosing, gene therapies are often designed as one-time curative treatments, which commands a premium pricing structure and specialized manufacturing requirements.
Strategic partnerships are central to the business model; uniQure maintains licensing and supply agreements with CSL Behring and Apic Bio to facilitate global commercialization and production. For a deeper analysis of these clinical milestones and valuation metrics, consult ValueRay. The company remains headquartered in Amsterdam, focusing on advancing its proprietary technology platform through rigorous clinical study phases.
- Hemgenix royalty and milestone payments from CSL Behring drive immediate revenue growth
- Clinical data readouts for AMT-130 determine long-term valuation in Huntington’s disease
- Pipeline expansion into epilepsy and ALS increases R&D expenditure and capital requirements
- Regulatory approval timelines for gene therapy candidates impact future market exclusivity
- High cash burn rates necessitate strategic partnerships or dilutive secondary equity offerings
| Net Income: -208.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.24 > 0.02 and ΔFCF/TA 8.08 > 1.0 |
| NWC/Revenue: 3.08k% < 20% (prev 1.98k%; Δ 1.10k% < -1%) |
| CFO/TA -0.22 > 3% & CFO -172.1m > Net Income -208.9m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 10.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (62.7m) vs 12m ago 18.14% < -2% |
| Gross Margin: 74.14% > 18% (prev 53.97%; Δ 20.17% > 0.5%) |
| Asset Turnover: 2.61% > 50% (prev 3.34%; Δ -0.72% > 0%) |
| Interest Coverage Ratio: -2.76 > 6 (EBIT TTM -168.1m / Interest Expense TTM 60.9m) |
| A: 0.71 (Total Current Assets 615.7m - Total Current Liabilities 59.2m) / Total Assets 778.7m |
| B: -1.78 (Retained Earnings -1.38b / Total Assets 778.7m) |
| C: -0.24 (EBIT TTM -168.1m / Avg Total Assets 692.1m) |
| D: 0.24 (Book Value of Equity 149.3m / Total Liabilities 629.4m) |
| Altman-Z'' = -2.48 = D |
| DSRI: 5.58 (Receivables 12.6m/2.52m, Revenue 18.1m/20.2m) |
| GMI: 0.73 (GM 53.97% / 74.14%) |
| AQI: 0.78 (AQ_t 0.18 / AQ_t-1 0.23) |
| SGI: 0.90 (Revenue 18.1m / 20.2m) |
| TATA: -0.05 (NI -208.9m - CFO -172.1m) / TA 778.7m) |
| Beneish M = 0.29 (Cap -4..+1) = D |
As of June 06, 2026, the stock is trading at USD 26.45 with a total of 1,447,472 shares traded.
Over the past week, the price has changed by -7.29%,
over one month by +25.00%,
over three months by +148.36% and
over the past year by +59.24%.
Uniqure has received a consensus analysts rating of 4.54. Therefore, it is recommended to buy QURE.
- StrongBuy: 9
- Buy: 2
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 39.2 | 48.3% |
P/E Forward = 27.933
P/S = 87.7361
P/B = 10.6208
Revenue TTM = 18.1m USD
EBIT TTM = -168.1m USD
EBITDA TTM = -154.9m USD
Long Term Debt = 49.9m USD (from longTermDebt, last quarter)
Short Term Debt = 2.99m USD (from shortTermDebt, last quarter)
Debt = 76.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 13.4m
Net Debt = -136.0m USD (calculated: Debt 76.7m - CCE 212.7m)
Enterprise Value = 1.66b USD (1.80b + Debt 76.7m - CCE 212.7m)
Interest Coverage Ratio = -2.76 (Ebit TTM -168.1m / Interest Expense TTM 60.9m)
EV/FCF = -8.97x (Enterprise Value 1.66b / FCF TTM -185.4m)
FCF Yield = -11.14% (FCF TTM -185.4m / Enterprise Value 1.66b)
FCF Margin = -1.02k% (FCF TTM -185.4m / Revenue TTM 18.1m)
Net Margin = -1.15k% (Net Income TTM -208.9m / Revenue TTM 18.1m)
Gross Margin = 74.14% ((Revenue TTM 18.1m - Cost of Revenue TTM 4.68m) / Revenue TTM)
Gross Margin QoQ = 93.85% (prev 38.85%)
Tobins Q-Ratio = 2.14 (Enterprise Value 1.66b / Total Assets 778.7m)
Interest Expense / Debt = 79.42% (Interest Expense 60.9m / Debt 76.7m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -132.8m (EBIT -168.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 9.68 (Total Current Assets 615.7m / Total Current Liabilities 63.6m)
Debt / Equity = 0.51 (Debt 76.7m / totalStockholderEquity, last quarter 149.3m)
Debt / EBITDA = 0.88 (negative EBITDA) (Net Debt -136.0m / EBITDA -154.9m)
Debt / FCF = 0.73 (negative FCF - burning cash) (Net Debt -136.0m / FCF TTM -185.4m)
Total Stockholder Equity = 143.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -30.18% (Net Income -208.9m / Total Assets 778.7m)
RoE = -145.8% (Net Income TTM -208.9m / Total Stockholder Equity 143.2m)
RoCE = -86.99% (EBIT -168.1m / Capital Employed (Equity 143.2m + L.T.Debt 49.9m))
RoIC = -18.40% (negative operating profit) (NOPAT -132.8m / Invested Capital 721.6m)
WACC = 14.42% (E(1.80b)/V(1.88b) * Re(15.03%) + (debt cost/tax rate unavailable))
Discount Rate = 15.03% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 93.09 | Cagr: 12.85%
[DCF] Fair Price = unknown (Cash Flow -185.4m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.05 | # QB: 0
Revenue Correlation: -70.27 | Revenue CAGR: -42.80% | SUE: -0.19 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.72 | Chg30d=+5.68% | Revisions=+50% | Analysts=10
EPS next Quarter (2026-09-30): EPS=-0.75 | Chg30d=+4.97% | Revisions=+23% | Analysts=10
EPS current Year (2026-12-31): EPS=-2.99 | Chg30d=-0.54% | Revisions=+0% | GrowthEPS=-2.2% | GrowthRev=+43.2%
EPS next Year (2027-12-31): EPS=-2.44 | Chg30d=-4.51% | Revisions=+8% | GrowthEPS=+18.6% | GrowthRev=+232.2%
[Analyst] Revisions Ratio: +50%