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Third Harmonic Bio Inc THRD

Morningstar Rating
$10.83 +0.37 (3.54%)
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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

THRD is trading at a 39% discount.
Price
$11.09
Fair Value
$26.38
Uncertainty
Extreme
1-Star Price
$574.43
5-Star Price
$8.76
Economic Moat
Gtcw
Capital Allocation
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News

Trading Information

Previous Close Price
$10.46
Day Range
$10.2710.97
52-Week Range
$4.3112.42
Bid/Ask
$11.00 / $17.31
Market Cap
$441.40 Mil
Volume/Avg
75,810 / 153,113

Key Statistics

Price/Earnings (Normalized)
11.39
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Third Harmonic Bio Inc is a biopharmaceutical company focused on the development of the next wave of medicine for the treatment of inflammatory diseases, including dermal, respiratory, and gastrointestinal diseases. The company’s product candidate, THB001, is a selective, oral small-molecule inhibitor of KIT, a cell surface receptor that serves as the master regulator of mast cell function and survival. Its other product candidate THB335, is a potent, selective, oral small molecule KIT inhibitor, for the treatment of multiple mast cell-driven inflammatory diseases of the skin, airway, and gastrointestinal tract.
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Total Number of Employees
30

Comparables

Valuation

Metric
THRD
EWTX
CBAY
Price/Earnings (Normalized)
11.39
Price/Book Value
1.613.5712.65
Price/Sales
111.01
Price/Cash Flow
Price/Earnings
THRD
EWTX
CBAY

Financial Strength

Metric
THRD
EWTX
CBAY
Quick Ratio
49.6618.9810.70
Current Ratio
50.2919.5010.96
Interest Coverage
−5.27
Quick Ratio
THRD
EWTX
CBAY

Profitability

Metric
THRD
EWTX
CBAY
Return on Assets (Normalized)
−7.40%−24.36%−30.06%
Return on Equity (Normalized)
−7.63%−25.87%−51.97%
Return on Invested Capital (Normalized)
−12.16%−29.82%−30.87%
Return on Assets
THRD
EWTX
CBAY
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