Sagimet Biosciences Inc. Series A Common Stock

Sagimet Biosciences Inc. Series A Common Stock

SGMT · NASDAQ · Healthcare / Biotechnology

10.22USD-0.71 (-6.50%)

Price History

Full chart

Market Stats

Previous Close10.93
Open10.79
Day Range9.96 – 10.84
52-Week Range4.50 – 11.45
Volume759.44K
Market Cap617.86M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.26
Dividend Yield0.00%
Beta3.49
50-Day Avg9.52
200-Day Avg7.09

About

Sagimet Biosciences Inc., a clinical-stage biopharmaceutical company, develops novel therapeutics called fatty acid synthase (FASN) inhibitors for the treatment of diseases that result from dysfunctional metabolic and fibrotic pathways in the United States. The company's lead drug candidate is Denifanstat, an oral, once-daily pill and selective FASN inhibitor for the treatment of metabolic dysfunction-associated steatohepatitis, acne, and select forms of cancer. It also develops TVB-3567, a FASN inhibitor for the treatment of acne indication; and other oncology programs, such as solid tumor and glioblastoma. The company was formerly known as 3-V Biosciences, Inc. and changed its name to Sagimet Biosciences Inc. in August 2019. Sagimet Biosciences Inc. was incorporated in 2006 and is headquartered in San Mateo, California.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. David A. Happel
  • Employees16
  • Headquarters155 Bovet Road, San Mateo, CA, United States, 94402, USA
  • Websitehttps://www.sagimet.com

Leadership

  • Mr. David A. HappelCEO, President & Director · b. 1962
  • Ms. Elizabeth Rozek Esq., J.D.Chief Legal & Administrative Officer · b. 1972
  • Mr. Urs Greber Ph.D.Co-Founder
  • Dr. Lucas Pelkmans Ph.D.Co-Founder
  • Mr. Thierry ChaucheCFO & Principal Accounting Officer · b. 1976
  • Dr. Marie O'Farrell Ph.D.Chief Scientific Officer
  • Mr. Robert D'UrsoSenior Vice President of New Products
  • Dr. Andreas Grauer M.D.Chief Medical Officer · b. 1961

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue00002.00M00
Growth (%)------100.00%-
Cost of Revenue88.00K124.00K134.00K130.00K---
Gross Profit-88.00K-124.00K-134.00K-130.00K2.00M--
Gross Margin----100.00%--
Operating Expense14.07M11.28M23.59M30.93M32.74M--
Operating Income-14.16M-11.40M-23.72M-31.05M-30.74M-54.45M-56.89M
Operating Margin-----1537.00%--
EBITDA-14.11M-11.40M-23.72M-31.05M-27.88M-45.57M-51.04M
EBITDA Margin-----1393.80%--
Net Income-14.26M-11.37M-24.44M-30.50M-27.88M-45.57M-51.04M
Net Income Margin-----1393.80%--
R&D8.39M8.18M19.34M24.92M19.78M38.44M39.05M
R&D as % of Total Revenue----988.85%--
Interest Expense64.00K0-----

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.16M68.96M59.03M33.03M96.72M160.26M116.48M
Total Liabilities136.47M204.87M217.29M219.98M5.65M4.45M5.10M
Total Equity-125.31M-135.91M-158.26M-186.95M91.06M155.81M111.38M
Cash10.21M68.70M56.73M158.00K75.14M75.84M35.02M
Total Debt341.00K210.00K348.00K211.00K65.00K78.00K78.00K
Net Debt-9.87M-68.49M-56.38M53.00K-75.07M-75.76M-34.94M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.55M-10.42M-21.71M-24.49M-23.77M-42.44M-45.65M
Investing Cash Flow-27.00K20.00K--32.01M12.58M-61.68M4.56M
Financing Cash Flow18.48M68.89M9.74M-73.00K86.17M104.82M275.00K
Capital Expenditure0000000
Free Cash Flow-10.55M-10.42M-21.71M-24.49M-23.77M-42.44M-45.65M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%

Earnings

Report DateMay 31, 2023Aug 21, 2023Nov 13, 2023Mar 25, 2024May 15, 2024Aug 14, 2024Nov 14, 2024Mar 12, 2025May 8, 2025Aug 13, 2025Nov 13, 2025Mar 11, 2026May 12, 2026Aug 11, 2026Nov 12, 2026
EPS Estimate0.00-0.52-0.80-0.58-0.38-0.35-0.40-0.65-0.71-0.50-0.39-0.40-0.35-0.28-0.25
EPS Actual-0.44-35.80-0.35-0.78-0.23-0.25-0.45-0.50-0.56-0.32-0.40-0.29-0.33-0.26-
Surprise--6784.62%56.25%-34.48%39.47%28.57%-12.50%23.08%21.13%36.00%-2.56%27.79%5.71%7.14%-
Timing-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap617.86M
Enterprise Value408.88M
Trailing P/E0.00
Forward P/E0.00
Price / Sales52.50
Price / Book2.53
EPS-1.26
Book Value4.15
Revenue (TTM)0
Gross Profit (TTM)0
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-24.37%
Return on Assets-16.41%
Shares Outstanding61.59M
Shares Float55.78M
Beta3.49
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 27.55
  • Strong Buy
    5
  • Buy
    2

Ownership Breakdown

Institutions
83.15%
Insiders
3.35%
Retail / Other
13.50%

Top Institutional Holders

  • Caligan Partners LP
    2.50M4.02%
  • Affinity Asset Advisors, LLC
    2.50M4.02%
  • Federated Hermes Inc
    2.09M3.36%
  • Great Point Partners LLC
    2.03M3.27%
  • Saturn V Capital Management LLC
    1.48M2.38%
  • Blue Owl Capital Holdings LP
    1.26M2.03%
  • Vanguard Capital Management, LLC
    1.10M1.77%
  • Woodline Partners LP
    1.00M1.61%
  • Marshall Wace Asset Management Ltd
    966.25K1.55%
  • Baker Bros Advisors LP
    953.00K1.53%
  • Millennium Management LLC
    937.02K1.51%
  • Aberdeen Group PLC
    847.70K1.36%
  • BlackRock Inc
    799.94K1.29%
  • Hillhouse Capital Advisors, Ltd.
    724.80K1.17%

Top Fund Holders

  • Federated Hermes Kaufmann Small Cap A
    2.08M3.35%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.86M2.99%
  • iShares Russell 2000 ETF
    1.48M2.37%
  • abrdn Life Sciences Investors
    1.08M1.73%
  • State Street® SPDR® S&P® Biotech ETF
    1.04M1.67%
  • BGF World Healthscience A2
    658.27K1.06%