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TRACON PHARMACEUTICALS INC (TCON) Stock Fundamental Analysis

USA - NASDAQ:TCON - US89237H3084 - Common Stock

1.43 USD
-0.02 (-1.38%)
Last: 6/27/2024, 7:53:15 PM
1.08 USD
-0.35 (-24.48%)
After Hours: 6/27/2024, 7:53:15 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to TCON. TCON was compared to 534 industry peers in the Biotechnology industry. The financial health of TCON is average, but there are quite some concerns on its profitability. TCON has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

In the past year TCON was profitable.
TCON had a positive operating cash flow in the past year.
TCON had negative earnings in each of the past 5 years.
In the past 5 years TCON reported 4 times negative operating cash flow.
TCON Yearly Net Income VS EBIT VS OCF VS FCFTCON Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -10M -20M -30M

1.2 Ratios

Looking at the Return On Assets, with a value of 18.69%, TCON belongs to the top of the industry, outperforming 99.13% of the companies in the same industry.
Industry RankSector Rank
ROA 18.69%
ROE N/A
ROIC N/A
ROA(3y)-97.7%
ROA(5y)-92.61%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TCON Yearly ROA, ROE, ROICTCON Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2K 4K 6K

1.3 Margins

Looking at the Profit Margin, with a value of 14.39%, TCON belongs to the top of the industry, outperforming 97.04% of the companies in the same industry.
TCON does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 14.39%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
TCON Yearly Profit, Operating, Gross MarginsTCON Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 -2K -4K -6K -8K

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4

2. Health

2.1 Basic Checks

TCON does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TCON has been increased compared to 1 year ago.
The number of shares outstanding for TCON has been increased compared to 5 years ago.
TCON has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
TCON Yearly Shares OutstandingTCON Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 500K 1M 1.5M 2M
TCON Yearly Total Debt VS Total AssetsTCON Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M

2.2 Solvency

Based on the Altman-Z score of -36.21, we must say that TCON is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -36.21, TCON is doing worse than 93.03% of the companies in the same industry.
TCON has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0
Altman-Z -36.21
ROIC/WACCN/A
WACC74.74%
TCON Yearly LT Debt VS Equity VS FCFTCON Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M

2.3 Liquidity

TCON has a Current Ratio of 0.80. This is a bad value and indicates that TCON is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.80, TCON is not doing good in the industry: 90.59% of the companies in the same industry are doing better.
A Quick Ratio of 0.80 indicates that TCON may have some problems paying its short term obligations.
TCON's Quick ratio of 0.80 is on the low side compared to the rest of the industry. TCON is outperformed by 90.07% of its industry peers.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.8
TCON Yearly Current Assets VS Current LiabilitesTCON Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M

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6

3. Growth

3.1 Past

TCON shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 808.59%, which is quite impressive.
The Revenue has been growing by 32.05% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)808.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-269.44%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5Y32.05%
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, TCON will show a very negative growth in Earnings Per Share. The EPS will decrease by -15.22% on average per year.
TCON is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 63.68% yearly.
EPS Next Y-142.4%
EPS Next 2Y-51.36%
EPS Next 3Y-84.04%
EPS Next 5Y-15.22%
Revenue Next Year-100%
Revenue Next 2Y-66.67%
Revenue Next 3Y32.08%
Revenue Next 5Y63.68%

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.
TCON Yearly Revenue VS EstimatesTCON Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2021 2023 2025 2026 2027 2028 2029 2030 2031 100M 200M 300M
TCON Yearly EPS VS EstimatesTCON Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 10 -10 -20 -30 -40

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4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 0.16 indicates a rather cheap valuation of TCON.
Compared to the rest of the industry, the Price/Earnings ratio of TCON indicates a rather cheap valuation: TCON is cheaper than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.19, TCON is valued rather cheaply.
The Forward Price/Earnings Ratio is negative for TCON. No positive earnings are expected for the next year.
Industry RankSector Rank
PE 0.16
Fwd PE N/A
TCON Price Earnings VS Forward Price EarningsTCON Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80 100

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of TCON indicates a rather cheap valuation: TCON is cheaper than 100.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 0.62
EV/EBITDA N/A
TCON Per share dataTCON EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6 8

4.3 Compensation for Growth

TCON's earnings are expected to decrease with -84.04% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-51.36%
EPS Next 3Y-84.04%

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0

5. Dividend

5.1 Amount

No dividends for TCON!.
Industry RankSector Rank
Dividend Yield N/A

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TRACON PHARMACEUTICALS INC

NASDAQ:TCON (6/27/2024, 7:53:15 PM)

After market: 1.08 -0.35 (-24.48%)

1.43

-0.02 (-1.38%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)05-14 2024-05-14/amc
Earnings (Next)08-12 2024-08-12/amc
Inst Owners9.71%
Inst Owner Change0%
Ins Owners214.98%
Ins Owner Change0%
Market Cap3.83M
Revenue(TTM)12.14M
Net Income(TTM)1.75M
Analysts80
Price Target31.11 (2075.52%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)51.34%
Min EPS beat(2)-9.57%
Max EPS beat(2)112.26%
EPS beat(4)3
Avg EPS beat(4)238.94%
Min EPS beat(4)-9.57%
Max EPS beat(4)537.41%
EPS beat(8)4
Avg EPS beat(8)115.22%
EPS beat(12)4
Avg EPS beat(12)66.7%
EPS beat(16)7
Avg EPS beat(16)54.23%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)771.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2457.58%
EPS NY rev (1m)0%
EPS NY rev (3m)-943.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 0.16
Fwd PE N/A
P/S 0.32
P/FCF 0.62
P/OCF 0.62
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)9.07
EY634.27%
EPS(NY)-2.92
Fwd EYN/A
FCF(TTM)2.29
FCFY160.11%
OCF(TTM)2.29
OCFY160.11%
SpS4.53
BVpS-0.66
TBVpS-0.66
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 18.69%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 14.39%
GM N/A
FCFM 50.52%
ROA(3y)-97.7%
ROA(5y)-92.61%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover1.3
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 351.03%
Current Ratio 0.8
Quick Ratio 0.8
Altman-Z -36.21
F-Score8
WACC74.74%
ROIC/WACCN/A
Cap/Depr(3y)149.7%
Cap/Depr(5y)98.15%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)808.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-269.44%
EPS Next Y-142.4%
EPS Next 2Y-51.36%
EPS Next 3Y-84.04%
EPS Next 5Y-15.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5Y32.05%
Sales Q2Q%N/A
Revenue Next Year-100%
Revenue Next 2Y-66.67%
Revenue Next 3Y32.08%
Revenue Next 5Y63.68%
EBIT growth 1Y89.14%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y125.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y125.09%
OCF growth 3YN/A
OCF growth 5YN/A

TRACON PHARMACEUTICALS INC / TCON FAQ

Can you provide the ChartMill fundamental rating for TRACON PHARMACEUTICALS INC?

ChartMill assigns a fundamental rating of 4 / 10 to TCON.


Can you provide the valuation status for TRACON PHARMACEUTICALS INC?

ChartMill assigns a valuation rating of 4 / 10 to TRACON PHARMACEUTICALS INC (TCON). This can be considered as Fairly Valued.


How profitable is TRACON PHARMACEUTICALS INC (TCON) stock?

TRACON PHARMACEUTICALS INC (TCON) has a profitability rating of 2 / 10.


What are the PE and PB ratios of TRACON PHARMACEUTICALS INC (TCON) stock?

The Price/Earnings (PE) ratio for TRACON PHARMACEUTICALS INC (TCON) is 0.16 and the Price/Book (PB) ratio is -2.18.