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Third Harmonic Bio Inc (THRD) Stock Fundamental Analysis

USA - NASDAQ:THRD - US88427A1079 - Common Stock

5.38 USD
0 (-0.09%)
Last: 7/30/2025, 8:00:01 PM
5.38 USD
0 (0%)
After Hours: 7/30/2025, 8:00:01 PM
Fundamental Rating

3

THRD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 192 industry peers in the Pharmaceuticals industry. While THRD has a great health rating, there are worries on its profitability. THRD has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year THRD has reported negative net income.
In the past year THRD has reported a negative cash flow from operations.
In the past 5 years THRD always reported negative net income.
THRD had a negative operating cash flow in each of the past 5 years.
THRD Yearly Net Income VS EBIT VS OCF VS FCFTHRD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -10M -20M -30M -40M -50M

1.2 Ratios

The Return On Assets of THRD (-19.10%) is better than 61.34% of its industry peers.
THRD's Return On Equity of -19.60% is fine compared to the rest of the industry. THRD outperforms 70.62% of its industry peers.
Industry RankSector Rank
ROA -19.1%
ROE -19.6%
ROIC N/A
ROA(3y)-12.77%
ROA(5y)-42.74%
ROE(3y)-13.19%
ROE(5y)-866.71%
ROIC(3y)N/A
ROIC(5y)N/A
THRD Yearly ROA, ROE, ROICTHRD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 -1K -2K -3K -4K

1.3 Margins

THRD does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
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
THRD Yearly Profit, Operating, Gross MarginsTHRD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024

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8

2. Health

2.1 Basic Checks

The number of shares outstanding for THRD has been increased compared to 1 year ago.
There is no outstanding debt for THRD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
THRD Yearly Shares OutstandingTHRD Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 10M 20M 30M 40M
THRD Yearly Total Debt VS Total AssetsTHRD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2.2 Solvency

THRD has an Altman-Z score of 19.69. This indicates that THRD is financially healthy and has little risk of bankruptcy at the moment.
THRD's Altman-Z score of 19.69 is amongst the best of the industry. THRD outperforms 93.30% of its industry peers.
There is no outstanding debt for THRD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 19.69
ROIC/WACCN/A
WACCN/A
THRD Yearly LT Debt VS Equity VS FCFTHRD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 100M 200M

2.3 Liquidity

THRD has a Current Ratio of 54.10. This indicates that THRD is financially healthy and has no problem in meeting its short term obligations.
THRD's Current ratio of 54.10 is amongst the best of the industry. THRD outperforms 100.00% of its industry peers.
THRD has a Quick Ratio of 54.10. This indicates that THRD is financially healthy and has no problem in meeting its short term obligations.
THRD has a better Quick ratio (54.10) than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 54.1
Quick Ratio 54.1
THRD Yearly Current Assets VS Current LiabilitesTHRD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

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0

3. Growth

3.1 Past

The earnings per share for THRD have decreased strongly by -89.33% in the last year.
EPS 1Y (TTM)-89.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to grow by 1.93% on average over the next years.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y26.11%
EPS Next 2Y11.22%
EPS Next 3Y7.35%
EPS Next 5Y1.93%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
THRD Yearly Revenue VS EstimatesTHRD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2031 2032 2M 4M 6M 8M 10M
THRD Yearly EPS VS EstimatesTHRD Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 1 -1 -2

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0

4. Valuation

4.1 Price/Earnings Ratio

THRD reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year THRD is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
THRD Price Earnings VS Forward Price EarningsTHRD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
THRD Per share dataTHRD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.22%
EPS Next 3Y7.35%

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0

5. Dividend

5.1 Amount

THRD does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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Third Harmonic Bio Inc

NASDAQ:THRD (7/30/2025, 8:00:01 PM)

After market: 5.38 0 (0%)

5.38

0 (-0.09%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticals
Earnings (Last)08-06 2025-08-06
Earnings (Next)11-05 2025-11-05
Inst Owners67.3%
Inst Owner Change-5.03%
Ins Owners0.48%
Ins Owner Change-66.04%
Market Cap242.80M
Revenue(TTM)N/A
Net Income(TTM)-53447000
Analysts43.33
Price Target3.06 (-43.12%)
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)0
Avg EPS beat(2)-27.69%
Min EPS beat(2)-38.41%
Max EPS beat(2)-16.98%
EPS beat(4)1
Avg EPS beat(4)-14.5%
Min EPS beat(4)-38.41%
Max EPS beat(4)5.59%
EPS beat(8)5
Avg EPS beat(8)11.71%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)-29.41%
PT rev (3m)-34.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.07%
EPS NY rev (1m)0%
EPS NY rev (3m)7.3%
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 N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 0.89
P/tB 0.89
EV/EBITDA N/A
EPS(TTM)-1.42
EYN/A
EPS(NY)-0.97
Fwd EYN/A
FCF(TTM)-0.92
FCFYN/A
OCF(TTM)-0.92
OCFYN/A
SpS0
BVpS6.04
TBVpS6.04
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -19.1%
ROE -19.6%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-12.77%
ROA(5y)-42.74%
ROE(3y)-13.19%
ROE(5y)-866.71%
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-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 20%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 54.1
Quick Ratio 54.1
Altman-Z 19.69
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
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)-89.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-75%
EPS Next Y26.11%
EPS Next 2Y11.22%
EPS Next 3Y7.35%
EPS Next 5Y1.93%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-53.27%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year3.31%
EBIT Next 3Y-16.07%
EBIT Next 5Y-2.76%
FCF growth 1Y-24.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-24.48%
OCF growth 3YN/A
OCF growth 5YN/A

Third Harmonic Bio Inc / THRD FAQ

What is the fundamental rating for THRD stock?

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


What is the valuation status of Third Harmonic Bio Inc (THRD) stock?

ChartMill assigns a valuation rating of 0 / 10 to Third Harmonic Bio Inc (THRD). This can be considered as Overvalued.


Can you provide the profitability details for Third Harmonic Bio Inc?

Third Harmonic Bio Inc (THRD) has a profitability rating of 1 / 10.


How financially healthy is Third Harmonic Bio Inc?

The financial health rating of Third Harmonic Bio Inc (THRD) is 8 / 10.


Can you provide the expected EPS growth for THRD stock?

The Earnings per Share (EPS) of Third Harmonic Bio Inc (THRD) is expected to grow by 26.11% in the next year.