Tango Therapeutics, Inc. (TNGX)
Total Valuation
TNGX has a market cap or net worth of $801.45 million. The enterprise value is $502.63 million.
Market Cap | 801.45M |
Enterprise Value | 502.63M |
Important Dates
The last earnings date was Monday, March 18, 2024, before market open.
Earnings Date | Mar 18, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
TNGX has 106.72 million shares outstanding. The number of shares has increased by 7.69% in one year.
Shares Outstanding | 106.72M |
Shares Change (YoY) | +7.69% |
Shares Change (QoQ) | +7.68% |
Owned by Insiders (%) | 13.51% |
Owned by Institutions (%) | 88.15% |
Float | 46.25M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 21.94 |
Forward PS | 26.76 |
PB Ratio | 3.17 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 13.76 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 7.54, with a Debt / Equity ratio of 0.15.
Current Ratio | 7.54 |
Quick Ratio | n/a |
Debt / Equity | 0.15 |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -42.00% and return on invested capital (ROIC) is -39.10%.
Return on Equity (ROE) | -42.00% |
Return on Assets (ROA) | -25.20% |
Return on Capital (ROIC) | -39.10% |
Revenue Per Employee | $260,907 |
Profits Per Employee | -$726,743 |
Employee Count | 140 |
Asset Turnover | 0.09 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, TNGX has paid $134,000 in taxes.
Income Tax | 134,000 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +111.17% in the last 52 weeks. The beta is 0.90, so TNGX's price volatility has been similar to the market average.
Beta (1Y) | 0.90 |
52-Week Price Change | +111.17% |
50-Day Moving Average | 10.87 |
200-Day Moving Average | 8.15 |
Relative Strength Index (RSI) | 30.94 |
Average Volume (30 Days) | 678,534 |
Short Selling Information
The latest short interest is 8.88 million, so 8.33% of the outstanding shares have been sold short.
Short Interest | 8.88M |
Short Previous Month | 8.87M |
Short % of Shares Out | 8.33% |
Short % of Float | 19.21% |
Short Ratio (days to cover) | 16.79 |
Income Statement
In the last 12 months, TNGX had revenue of $36.53 million and -$101.74 million in losses. Loss per share was -$1.08.
Revenue | 36.53M |
Gross Profit | 36.53M |
Operating Income | -114.17M |
Pretax Income | -101.61M |
Net Income | -101.74M |
EBITDA | -95.59M |
EBIT | -101.61M |
Loss Per Share | -$1.08 |
Balance Sheet
The company has $337.74 million in cash and $38.92 million in debt, giving a net cash position of $298.82 million or $2.80 per share.
Cash & Cash Equivalents | 337.74M |
Total Debt | 38.92M |
Net Cash | 298.82M |
Net Cash Per Share | $2.80 |
Equity / Book Value | 253.11M |
Book Value Per Share | 2.37 |
Working Capital | 300.60M |
Cash Flow
In the last 12 months, operating cash flow was -$117.98 million and capital expenditures -$1.53 million, giving a free cash flow of -$119.51 million.
Operating Cash Flow | -117.98M |
Capital Expenditures | -1.53M |
Free Cash Flow | -119.51M |
FCF Per Share | -$1.26 |
Margins
Gross margin is 100.00%, with operating and profit margins of -312.57% and -278.54%.
Gross Margin | 100.00% |
Operating Margin | -312.57% |
Pretax Margin | -278.18% |
Profit Margin | -278.54% |
EBITDA Margin | -261.69% |
EBIT Margin | -278.18% |
FCF Margin | -327.18% |
Dividends & Yields
TNGX does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -7.69% |
Shareholder Yield | -7.69% |
Earnings Yield | -12.69% |
FCF Yield | -14.91% |
Analyst Forecast
The average price target for TNGX is $17.25, which is 117.25% higher than the current price. The consensus rating is "Strong Buy".
Price Target | $17.25 |
Price Target Difference | 117.25% |
Analyst Consensus | Strong Buy |
Analyst Count | 4 |
Revenue Growth Forecast (5Y) | 74.66% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
TNGX has an Altman Z-Score of 2.08 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.08 |
Piotroski F-Score | 3 |