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Abivax ABVX.PA

France Healthcare
3.7/10
AI Analyst score
80.25 EUR
Last price at analysis date · analyst target 135.01 (+68.2%)
🛒 Where to buy ABVX.PAPartner brokers · France (Euronext) · sample 200.00 € orderFrance (Euronext)
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🔴 SELL — Avoid until it demonstrates clear clinical progress and a sustainable funding path; the risk profile is high.

Abivax is a clinical-stage biopharmaceutical company developing therapies for inflammatory and immunological diseases, with its lead candidate focused on ulcerative colitis. Abivax is a clinical-stage biotech with an operating margin of -8617% and ROE of -252%, burning cash without generating revenue; positive momentum (34.9%) and key appointments do not offset the structural funding risk.

Financial health
5.1
Quality / Moat
3.3
Valuation
0.6
Growth
2.3
Dividend
1.5
Momentum
6.8
Risk & Context
8.0

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/EN/D
Fwd P/E-27.65
EV/EBITDA-21.05
P/B17.49
P/S1500.03
PEGN/D
Market cap7.00 B EUR
Enterprise value6.14 B EUR
🏰 Quality and moat
ROIC (approx.)-100.2%
Gross margin100.00%
FCF conversionN/D
Operating margin-8617.93%
📈 Profitability and margins
ROE-252.35%
ROA-62.88%
Net margin0.00%
FCF-125.9 M EUR
FCF yield-1.80%
🏦 Solvency and liquidity
Total debt1.2 M EUR
Net debt-401.2 M EUR
Cash402.4 M EUR
EBITDA-291.5 M EUR
Net debt / EBITDA1.38
D/E0.33
Current ratio5.96
Quick ratio5.79
🚀 Growth
Revenue growth-6.80%
Earnings growthN/D
EPS (TTM)-5.33 EUR
EPS (Fwd)-2.90 EUR
💰 Dividend and risk
Dividend yield0.00%
Payout0.0%
Beta-0.25
Analyst consensusBuy (7)
Target price135.01 EUR
52-week range60.45 EUR – 139.00 EUR
⚠️ Main risk: Funding risk: with an operating margin of -8617% and increasing cash burn, the company depends on future capital raises to survive until a potential launch.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Abivax is a clinical-stage biopharmaceutical company developing therapies for inflammatory and immunological diseases, with its lead candidate focused on ulcerative colitis. Abivax is a clinical-stage biotech with an operating margin of -8617% and ROE of -252%, burning cash without generating revenue; positive momentum (34.9%) and key appointments do not offset the structural funding risk.

Score by category

CategoryScore
Financial health5.1
Quality / Moat3.3
Valuation0.6
Growth2.3
Dividend1.5
Momentum6.8
Risk & Context8.0

OVERALL SCORE: 3.7/10

Context and risks

Clinical-stage biotech without revenue: funding risk is structural. The high-rate environment makes future capital rounds more expensive, but the main risk is the pre-revenue business model itself, not the macro.

News considered in the analysis

  • ABIVAX Société Anonyme (ENXTPA:ABVX) Just Gave Investors Something To Think About — Titular vago de Simply Wall St. sin información concreta sobre resultados o valoración; no aporta datos accionables.
  • ABIVAX Société Anonyme (ENXTPA:ABVX) Appoints New Chief Medical And Technical Officers — Nombramiento de directivos médicos y técnicos clave en una biotecnológica en fase clínica; refuerza la capacidad de ejecución del programa principal, aunque el impacto en valor es moderado.
  • ABIVAX (ABVX) Uses More Cash. Can its Funding Cover a Potential Launch? — El aumento del consumo de caja es un hecho ya ocurrido y típico en biotecnológicas pre-ingresos; la pregunta sobre financiación hasta el lanzamiento es relevante pero no nueva.
  • Abivax SA Sponsored ADR (ABVX) Upgraded to Buy: Here's Why — Upgrade de analista a Comprar; señal moderadamente positiva que puede atraer flujo, aunque no cambia los fundamentales.
  • AbbVie Q2 Earnings Call Highlights — Noticia sobre AbbVie, no sobre Abivax; irrelevante para esta empresa.

Verdict: Avoid until it demonstrates clear clinical progress and a sustainable funding path; the risk profile is high.

Main risk: Funding risk: with an operating margin of -8617% and increasing cash burn, the company depends on future capital raises to survive until a potential launch.

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.