Is Nuvation Bio, Inc. overvalued or undervalued?

Jun 25 2025 09:25 AM IST
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As of August 5, 2024, Nuvation Bio, Inc. is rated as "risky" and overvalued, with concerning financial metrics including a Price to Book Value of 2.01, an EV to EBIT of -1.89, and an ROE of -43.17%, while its year-to-date stock performance has declined by 23.68%, underperforming the S&P 500's 2.44% return.
As of 5 August 2024, Nuvation Bio, Inc. has moved from a grade of "does not qualify" to "risky." The company is currently considered overvalued. Key ratios highlight its financial struggles, with a Price to Book Value of 2.01, an EV to EBIT of -1.89, and an ROE of -43.17%.

In comparison to its peers, Nuvation Bio's valuation metrics are concerning; for instance, uniQure NV has an EV to EBITDA of -5.3528, while MeiraGTx Holdings Plc shows an EV to EBITDA of -3.5449. The company's recent stock performance has been poor, with a year-to-date return of -23.68%, significantly underperforming the S&P 500, which has returned 2.44% in the same period.
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