LIQUIDIA CORP (LQDA) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:LQDA • US53635D2027

42.39 USD
-0.67 (-1.56%)
At close: Jan 30, 2026
42.2196 USD
-0.17 (-0.4%)
After Hours: 1/30/2026, 8:02:30 PM
Fundamental Rating

3

Taking everything into account, LQDA scores 3 out of 10 in our fundamental rating. LQDA was compared to 191 industry peers in the Pharmaceuticals industry. Both the profitability and financial health of LQDA have multiple concerns. LQDA is valued quite expensively, but it does show have an excellent growth rating.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • LQDA had negative earnings in the past year.
  • LQDA had a negative operating cash flow in the past year.
  • In the past 5 years LQDA always reported negative net income.
  • In the past 5 years LQDA always reported negative operating cash flow.
LQDA Yearly Net Income VS EBIT VS OCF VS FCFLQDA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M -100M

1.2 Ratios

  • The Return On Assets of LQDA (-44.15%) is comparable to the rest of the industry.
  • Looking at the Return On Equity, with a value of -552.55%, LQDA is doing worse than 81.15% of the companies in the same industry.
Industry RankSector Rank
ROA -44.15%
ROE -552.55%
ROIC N/A
ROA(3y)-51.66%
ROA(5y)-50.39%
ROE(3y)-127.25%
ROE(5y)-103.75%
ROIC(3y)N/A
ROIC(5y)N/A
LQDA Yearly ROA, ROE, ROICLQDA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200

1.3 Margins

  • LQDA has a better Gross Margin (89.11%) than 91.10% of its industry peers.
  • LQDA's Gross Margin has declined in the last couple of years.
  • The Profit Margin and Operating Margin are not available for LQDA so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 89.11%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.82%
GM growth 5Y-8.41%
LQDA Yearly Profit, Operating, Gross MarginsLQDA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2K -4K -6K -8K

3

2. Health

2.1 Basic Checks

  • LQDA does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • LQDA has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, LQDA has more shares outstanding
  • Compared to 1 year ago, LQDA has a worse debt to assets ratio.
LQDA Yearly Shares OutstandingLQDA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M
LQDA Yearly Total Debt VS Total AssetsLQDA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

  • LQDA has an Altman-Z score of 4.97. This indicates that LQDA is financially healthy and has little risk of bankruptcy at the moment.
  • LQDA's Altman-Z score of 4.97 is fine compared to the rest of the industry. LQDA outperforms 74.35% of its industry peers.
  • A Debt/Equity ratio of 6.19 is on the high side and indicates that LQDA has dependencies on debt financing.
  • With a Debt to Equity ratio value of 6.19, LQDA is not doing good in the industry: 82.20% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 6.19
Debt/FCF N/A
Altman-Z 4.97
ROIC/WACCN/A
WACC9.39%
LQDA Yearly LT Debt VS Equity VS FCFLQDA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M

2.3 Liquidity

  • A Current Ratio of 2.20 indicates that LQDA has no problem at all paying its short term obligations.
  • LQDA has a Current ratio of 2.20. This is comparable to the rest of the industry: LQDA outperforms 40.84% of its industry peers.
  • A Quick Ratio of 1.96 indicates that LQDA should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.96, LQDA perfoms like the industry average, outperforming 43.98% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.2
Quick Ratio 1.96
LQDA Yearly Current Assets VS Current LiabilitesLQDA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 11.66% over the past year.
  • The Revenue has grown by 343.41% in the past year. This is a very strong growth!
  • LQDA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.64% yearly.
EPS 1Y (TTM)11.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%86.67%
Revenue 1Y (TTM)343.41%
Revenue growth 3Y2.89%
Revenue growth 5Y11.64%
Sales Q2Q%1121.72%

3.2 Future

  • LQDA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 38.90% yearly.
  • Based on estimates for the next years, LQDA will show a very strong growth in Revenue. The Revenue will grow by 124.26% on average per year.
EPS Next Y53.49%
EPS Next 2Y76.86%
EPS Next 3Y54.56%
EPS Next 5Y38.9%
Revenue Next Year844.45%
Revenue Next 2Y449.01%
Revenue Next 3Y237.41%
Revenue Next 5Y124.26%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
LQDA Yearly Revenue VS EstimatesLQDA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 200M 400M 600M 800M 1B
LQDA Yearly EPS VS EstimatesLQDA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 5 -5

3

4. Valuation

4.1 Price/Earnings Ratio

  • LQDA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • A Price/Forward Earnings ratio of 22.50 indicates a rather expensive valuation of LQDA.
  • Based on the Price/Forward Earnings ratio, LQDA is valued a bit cheaper than 76.44% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 25.57. LQDA is around the same levels.
Industry RankSector Rank
PE N/A
Fwd PE 22.5
LQDA Price Earnings VS Forward Price EarningsLQDA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
LQDA Per share dataLQDA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as LQDA's earnings are expected to grow with 54.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y76.86%
EPS Next 3Y54.56%

0

5. Dividend

5.1 Amount

  • LQDA does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

LIQUIDIA CORP / LQDA FAQ

What is the ChartMill fundamental rating of LIQUIDIA CORP (LQDA) stock?

ChartMill assigns a fundamental rating of 3 / 10 to LQDA.


What is the valuation status of LIQUIDIA CORP (LQDA) stock?

ChartMill assigns a valuation rating of 3 / 10 to LIQUIDIA CORP (LQDA). This can be considered as Overvalued.


What is the profitability of LQDA stock?

LIQUIDIA CORP (LQDA) has a profitability rating of 1 / 10.


What is the financial health of LIQUIDIA CORP (LQDA) stock?

The financial health rating of LIQUIDIA CORP (LQDA) is 3 / 10.