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MEDICINOVA INC (MNOV) Stock Fundamental Analysis

NASDAQ:MNOV - Nasdaq - US58468P2065 - Common Stock - Currency: USD

1.83  +0.06 (+3.1%)

Fundamental Rating

3

MNOV gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 572 industry peers in the Biotechnology industry. No worries on liquidiy or solvency for MNOV as it has an excellent financial health rating, but there are worries on the profitability. MNOV has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

In the past year MNOV has reported negative net income.
MNOV had a negative operating cash flow in the past year.
MNOV had negative earnings in each of the past 5 years.
In the past 5 years MNOV always reported negative operating cash flow.
MNOV Yearly Net Income VS EBIT VS OCF VS FCFMNOV 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 -5M -10M -15M

1.2 Ratios

The Return On Assets of MNOV (-14.75%) is better than 83.13% of its industry peers.
With an excellent Return On Equity value of -15.57%, MNOV belongs to the best of the industry, outperforming 88.45% of the companies in the same industry.
Industry RankSector Rank
ROA -14.75%
ROE -15.57%
ROIC N/A
ROA(3y)-14.5%
ROA(5y)-15.64%
ROE(3y)-15.3%
ROE(5y)-16.52%
ROIC(3y)N/A
ROIC(5y)N/A
MNOV Yearly ROA, ROE, ROICMNOV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 -10 -20 -30

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for MNOV so they could not be analyzed.
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
MNOV Yearly Profit, Operating, Gross MarginsMNOV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 -200 -400 -600 -800

9

2. Health

2.1 Basic Checks

MNOV does not have a ROIC to compare to the WACC, probably because it is not profitable.
MNOV has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for MNOV has been increased compared to 5 years ago.
There is no outstanding debt for MNOV. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
MNOV Yearly Shares OutstandingMNOV Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
MNOV Yearly Total Debt VS Total AssetsMNOV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M

2.2 Solvency

An Altman-Z score of 7.72 indicates that MNOV is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.72, MNOV belongs to the top of the industry, outperforming 84.55% of the companies in the same industry.
There is no outstanding debt for MNOV. 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 7.72
ROIC/WACCN/A
WACC9.44%
MNOV Yearly LT Debt VS Equity VS FCFMNOV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M 60M 80M

2.3 Liquidity

MNOV has a Current Ratio of 16.66. This indicates that MNOV is financially healthy and has no problem in meeting its short term obligations.
MNOV's Current ratio of 16.66 is amongst the best of the industry. MNOV outperforms 90.23% of its industry peers.
MNOV has a Quick Ratio of 16.66. This indicates that MNOV is financially healthy and has no problem in meeting its short term obligations.
MNOV's Quick ratio of 16.66 is amongst the best of the industry. MNOV outperforms 90.23% of its industry peers.
Industry RankSector Rank
Current Ratio 16.66
Quick Ratio 16.66
MNOV Yearly Current Assets VS Current LiabilitesMNOV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M

0

3. Growth

3.1 Past

MNOV shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.00%.
EPS 1Y (TTM)-5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-500%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-100%

3.2 Future

Based on estimates for the next years, MNOV will show a very negative growth in Earnings Per Share. The EPS will decrease by -20.05% on average per year.
Based on estimates for the next years, MNOV will show a very negative growth in Revenue. The Revenue will decrease by -14.87% on average per year.
EPS Next Y-27.5%
EPS Next 2Y-44.8%
EPS Next 3Y-20.66%
EPS Next 5Y-20.05%
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y-25.99%
Revenue Next 5Y-14.87%

3.3 Evolution

MNOV Yearly Revenue VS EstimatesMNOV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 200M 400M 600M 800M
MNOV Yearly EPS VS EstimatesMNOV Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 0 2 4 6

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for MNOV. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for MNOV. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
MNOV Price Earnings VS Forward Price EarningsMNOV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
MNOV Per share dataMNOV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

A cheap valuation may be justified as MNOV's earnings are expected to decrease with -20.66% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-44.8%
EPS Next 3Y-20.66%

0

5. Dividend

5.1 Amount

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

MEDICINOVA INC

NASDAQ:MNOV (2/21/2025, 8:00:01 PM)

1.83

+0.06 (+3.1%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)02-14 2025-02-14/amc
Earnings (Next)05-08 2025-05-08
Inst Owners21.97%
Inst Owner Change-99.23%
Ins Owners2.98%
Ins Owner Change0%
Market Cap89.76M
Analysts82.5
Price Target8.5 (364.48%)
Short Float %0.66%
Short Ratio9.76
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)2
Avg EPS beat(2)10.13%
Min EPS beat(2)1.96%
Max EPS beat(2)18.3%
EPS beat(4)3
Avg EPS beat(4)13.4%
Min EPS beat(4)-17.65%
Max EPS beat(4)50.98%
EPS beat(8)7
Avg EPS beat(8)23.76%
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)4.17%
PT rev (3m)4.17%
EPS NQ rev (1m)8.33%
EPS NQ rev (3m)8.33%
EPS NY rev (1m)2.17%
EPS NY rev (3m)2.17%
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 89.76
P/FCF N/A
P/OCF N/A
P/B 1.63
P/tB 2.21
EV/EBITDA N/A
EPS(TTM)-0.21
EYN/A
EPS(NY)-0.38
Fwd EYN/A
FCF(TTM)-0.19
FCFYN/A
OCF(TTM)-0.19
OCFYN/A
SpS0.02
BVpS1.12
TBVpS0.83
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -14.75%
ROE -15.57%
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)-14.5%
ROA(5y)-15.64%
ROE(3y)-15.3%
ROE(5y)-16.52%
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
ROICexcg growth 3YN/A
ROICexcg 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-Score3
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 8.4%
Cap/Sales 0.22%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 16.66
Quick Ratio 16.66
Altman-Z 7.72
F-Score3
WACC9.44%
ROIC/WACCN/A
Cap/Depr(3y)84.98%
Cap/Depr(5y)100.99%
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)-5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-500%
EPS Next Y-27.5%
EPS Next 2Y-44.8%
EPS Next 3Y-20.66%
EPS Next 5Y-20.05%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-100%
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y-25.99%
Revenue Next 5Y-14.87%
EBIT growth 1Y32.33%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y26.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y26.54%
OCF growth 3YN/A
OCF growth 5YN/A