Forte Biosciences Inc Ordinary Shares FBRX

Morningstar Rating
$48.86 +3.87 (8.60%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FBRX is trading at a LOCK|?kkxzj premium.
Price
$48.93
Fair Value
LOCK|.Btqz!t
Uncertainty
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1-Star Price
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5-Star Price
LOCK|.$V>PlqC
Economic Moat
LOCK|ww%
Capital Allocation

Trading Information

Previous Close Price
$44.99
Day Range
$42.0050.00
52-Week Range
$9.1050.00
Bid/Ask
$48.93 / $52.88
Shares Outstanding
20.48M
Market Cap
$1.00B
Volume/Avg
595,918 / 461,766

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Forte Biosciences Inc is a clinical-stage biopharmaceutical company that is advancing through preclinical trials its product candidate, FB-102, which is a proprietary anti-CD122 monoclonal antibody therapeutic candidate with potentially broad autoimmune and autoimmune-related indications. The Company is also advancing clinical development of FB102 in patient-based trials for non-segmental vitiligo and alopecia areata.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Small Value
Total Number of Employees
22

Valuation

Metric
FBRX
Price/Earnings (Normalized)
Price/Book Value
16.14
Price/Sales
Price/Cash Flow
Price/Earnings
FBRX

Financial Strength

Metric
FBRX
Quick Ratio
2.49
Current Ratio
2.75
Interest Coverage
Quick Ratio
FBRX

Profitability

Metric
FBRX
Return on Assets (Normalized)
−84.56%
Return on Equity (Normalized)
−104.93%
Return on Invested Capital (Normalized)
−104.93%
Return on Assets
FBRX

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