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v0.1
PHAT$9.24-3.65%
Fair $9.24+0.0%

PHAT

Phathom Pharmaceuticals, Inc.

Healthcare / BiotechnologyNasdaqGS

$9.24

-0.35 (-3.65%)

Fairly Valued+0.0%Fair Value $9.24Fund rank 28/100 · Data gapFallback financials|
SA 29/D
F-Score: 5/9

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 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-167.0M · quality 51.3/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 15/100Data 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

29/100

D

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: 8Warnings: 0unknown: 8
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific biotech pipeline model required: targets are disabled until product, probability, peak-sales and cash-runway data exists.
Thesis & Journal · PHATLocal privado en este navegador · Phathom Pharmaceuticals, Inc.
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

$737M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

50.5%

↑

Gross Margin

87.1%

↑

Debt/Equity

-0.48

↓
52-Week Range$9
$4$18

TradingView lightweight chart

PHAT price, volumen y niveles de valoración

Último $9.240Periodo -62.4%
Fair value: $9.240

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2018–2025 · 7 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

-95.4%

FCF / Net income

0.75x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $175.1M · net income $-221.2M · FCF $-167.0M

2018-FY → 2025-FY

Gross margin

87.1%— pts

Operating margin

-91.4%— pts

Net margin

-126.3%— pts

FCF margin

-95.4%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
Income Statement
Revenue$175.1M$175.1M$55.3M$682000.00—————
Net Income$-221.2M$-221.2M$-334.3M$-201.6M$-197.7M$-143.9M$-129.1M$-255.1M$-1.3M
EBITDA$-152.5M$-152.5M$-261.5M$-159.0M$-169.8M$-134.6M$-125.3M$-106.2M—
EPS-3.03-3.03-5.29-3.93-5.05-3.89———
Gross Margin87.1%87.1%85.6%75.5%—————
Operating Margin-91.4%-91.4%-502.2%-24532.6%—————
Net Margin-126.3%-126.3%-605.1%-29558.9%—————
Balance Sheet
Debt/Equity-0.48-0.48-0.80-1.91-1.301.240.200.10—
Current Ratio2.212.21———————
Cash Flow
Free Cash Flow$-167.0M$-167.0M$-266.9M$-139.2M$-147.6M$-148.8M$-70.7M$-36.6M—
Returns
ROE50.5%50.5%131.8%277.1%264.3%-199.4%-66.4%-111.9%100.2%
Growth & Yield
Revenue Growth216.9%216.9%8001.5%——————
EPS Growth42.7%42.7%-34.6%22.2%—————

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 +117.4%

Total return

+117.4%

Start / end P/E

n/dx → n/dx

EPS bridge

-5.29 → -3.03

Residual

+117.4%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term+117.4%

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.