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v0.1
IMCR$29.13+0.83%
Fair $29.13+0.0%

IMCR

Immunocore Holdings plc

Healthcare / BiotechnologyNasdaqGS

$29.13

+0.24 (+0.83%)

Fairly Valued+0.0%Fair Value $29.13Fund rank 25/100 · Data gapFallback financials|
SA 19/F
F-Score: 5/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 18%

FCF escenarios

weak_data · normalized FCF $-2.5M · quality 38.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 18/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

19/100

F

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 5Warnings: 1unknown: 5
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. ROE is -9.3%, below the 5% threshold
Thesis & Journal · IMCRLocal privado en este navegador · Immunocore Holdings plc
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.5B

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-9.3%

↓

Gross Margin

98.7%

↑

Debt/Equity

1.15

↑
52-Week Range$29
$28$41

TradingView lightweight chart

IMCR price, volumen y niveles de valoración

Último $29.13Periodo -32.6%
Fair value: $29.13

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2025 · 4 años de histórico normalizado

Revenue CAGR

+214.7%

FCF CAGR

—

FCF margin

-3.8%

FCF / Net income

0.42x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $400.0M · net income $-35.5M · FCF $-15.1M

2021-FY → 2025-FY

Gross margin

98.7%— pts

Operating margin

-11.3%+4269.9% pts

Net margin

-8.9%+4405.8% pts

FCF margin

-3.8%+3539.4% pts
MetricTTM
2025
2024
2023
2022
2021
Income Statement
Revenue$400.0M$400.0M$310.2M$249.4M$174.4M$4.1M
Net Income$-35.5M$-35.5M$-51.1M$-55.3M$-52.5M$-180.0M
EBITDA$-3.7M$-3.7M$-29.9M$-51.6M$-30.1M$-167.0M
EPS-0.71-0.71-1.02-1.13-1.09-4.24
Gross Margin98.7%98.7%99.1%99.6%99.4%—
Operating Margin-11.3%-11.3%-22.7%-23.9%-29.7%-4281.2%
Net Margin-8.9%-8.9%-16.5%-22.2%-30.1%-4414.6%
Balance Sheet
Debt/Equity1.151.151.200.230.24—
Current Ratio4.184.18————
Cash Flow
Free Cash Flow$-15.1M$-15.1M$20.9M$-2.5M$-51.4M$-144.5M
Returns
ROE-9.3%-9.3%-14.2%-15.0%-15.5%-77.0%
Valuation
P/B3.853.854.148.827.37—
Growth & Yield
Revenue Growth29.0%29.0%24.4%43.1%——
EPS Growth30.4%30.4%9.7%-3.7%——

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -20.4%

Total return

-20.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-1.02 → -0.71

Residual

-20.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-20.4%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.