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IMMU
Mendus AB (publ) – STO
Weekly Share Price & Valuation Overview
Market Overview
Open
7.9600
Close
7.8500
High
8.3800
Low
7.6000
Trend
0.62452

Mendus AB (publ)

Sweden • STO - Nasdaq Stockholm • IMMU • Currency: SEK

Mendus AB (publ), a biopharmaceutical company, develops immunotherapies for the treatment of tumor recurrence and established tumors. Its lead product is vididencel (DCP-001), which is in Phase II ADVANCE-II clinical trial for the treatment of acute myeloid leukemia (AML); Phase II CADENCE clinical trial to treat AML; and Phase I ALISON clinical trial for the treatment of ovarian cancers. The company also develops ilixadencel, which is in phase 1/2 clinical trial for the treatment of soft tissue sarcomas; and an NK cell program, which is in a preclinical study for NK cell-based therapies. It has strategic alliance with NorthX Biologic to support large-scale manufacturing and commercial launch of vididencel; and the Australasian Leukaemia and Lymphoma Group to expand the clinical development of vididencel as a maintenance treatment for AML. The company was formerly known as Immunicum AB (publ) and changed its name to Mendus AB (publ) in June 2022. Mendus AB (publ) was incorporated in 2002 and is headquartered in Stockholm, Sweden.

Key strengths
  • Earnings growth ≥10% supports improving profitability trajectory.
  • Quick ratio ≥1.0 indicates obligations can be met without inventory.
  • Net cash balance sheet provides flexibility for downturns and investment.
Potential weaknesses
  • Negative free cash flow — operations may rely on external financing.
Scale & Structure Core size and share structure. TTM values unless noted. “Estimated” where reconciled from per-share × shares.
Market Cap Total equity value of the company (share price × shares outstanding).
SEK 411.99M
Enterprise Value Operating value: market cap + total debt − cash.
SEK 334.76M
Total Revenue (TTM) Sales over the last twelve months. May be estimated from revenue per share when inconsistent.
SEK -1.44M
Revenue per Share (TTM) Total revenue divided by shares outstanding (may be estimated).
SEK -0.03
EPS (TTM) Earnings per share over the last twelve months (may be estimated from net income ÷ shares).
-2.42
Shares Outstanding
52.08M
Float Shares
14.07M
Implied Shares Outstanding
52.08M
Profitability & Efficiency TTM basis. “Reconciled” = numerator ÷ TTM revenue. EBITDA suppressed where implausible vs revenue.
Operating Margin (TTM) Operating income ÷ revenue over the last twelve months (reconciled when possible).
-22.55%
ROA Return on assets: net income ÷ total assets.
-11.37%
ROE Return on equity: net income ÷ shareholder equity.
-19.16%
Growth Growth rates are YoY unless labeled QoQ.
Revenue Growth Year-over-year revenue growth.
-51.90%
Earnings Growth (YoY) Strong Year-over-year earnings growth.
30.00%
Liquidity & Solvency Balance-sheet health. Debt metrics shown as latest ratios; D/E is a ratio (not %).
Quick Ratio Adequate Liquid current assets ÷ current liabilities (ex-inventory).
2.55
Debt to Equity Total debt ÷ shareholder equity; leverage.
0.03
Total Cash Cash and equivalents.
SEK 84.73M
Total Debt Short + long-term interest-bearing debt.
SEK 21.14M
Net Debt Net Cash Total debt − cash (negative = net cash).
SEK -63.59M
Sharemaestro House View
Risk: 3 Sharemaestro internal risk profile (0–3, higher is safer). Operational: 1 Operational quality/consistency (0–3, higher is better). Composite Score: 1 Overall internal composite (0–3, higher is better). Suggested Allocation: 1.67% Indicative portfolio weighting suggestion based on house view.
Structural Insights (experimental)
Ownership & Liquidity
Free Float Proportion of shares available for public trading. 27.0%
Insiders Shares held by company insiders (officers, directors). 65.6%
Institutions Shares held by institutions (funds, pensions). 12.8%
Capital Structure
Potential Dilution Increase in share count if options/convertibles exercise.
None detected
Net Debt Total debt − cash (negative = net cash).
SEK -63.59M
4403.5% of revenue Net debt relative to revenue — debt load vs business scale.
Resilience Score 0–100 composite of liquidity, leverage and cash conversion; higher is better. If inputs are unavailable, we estimate using proxies (Net debt vs revenue, Cash-to-Debt). It is a guide, not a rating. 100
Methodology Notes
  • EBITDA & EBITDA margin suppressed (implausible vs revenue or not meaningful for financials).
As of: 2025-08-18 10:12

Disclaimer: Information is compiled from publicly available sources and is subject to errors and omissions. It is provided as a guide only and does not constitute investment advice. Please do your own research.

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