MediciNova, Inc. Logo

MediciNova, Inc.

MNOV

(1.0)
Stock Price

1,80 USD

-17.62% ROA

-13.12% ROE

-8.08x PER

Market Cap.

76.512.072,00 USD

1.03% DER

0% Yield

-0.85% NPM

MediciNova, Inc. Stock Analysis

MediciNova, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

MediciNova, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

2 PBV

The stock's PBV ratio (1.34x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

3 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

4 ROE

Negative ROE (-17.6%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-22.37%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (0) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

MediciNova, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

MediciNova, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

MediciNova, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

MediciNova, Inc. Revenue
Year Revenue Growth
2001 0
2002 0 0%
2003 0 0%
2004 490.282 100%
2005 804.068 39.02%
2006 263.877 -204.71%
2007 263.877.000 99.9%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 802.580 100%
2013 6.003.257 86.63%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 4.037.500 100%
2022 0 0%
2023 4.000.000.000 100%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

MediciNova, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 952.000
2002 5.551.000 82.85%
2003 4.723.158 -17.53%
2004 11.317.055 58.27%
2005 22.738.241 50.23%
2006 32.170.847 29.32%
2007 42.121.095 23.62%
2008 13.827.651 -204.61%
2009 10.873.169 -27.17%
2010 9.710.977 -11.97%
2011 7.784.719 -24.74%
2012 5.013.092 -55.29%
2013 3.365.808 -48.94%
2014 3.259.694 -3.26%
2015 3.017.169 -8.04%
2016 3.519.172 14.26%
2017 4.223.746 16.68%
2018 5.625.814 24.92%
2019 6.079.042 7.46%
2020 7.484.835 18.78%
2021 8.538.027 12.34%
2022 9.143.792 6.62%
2023 3.178.824.000 99.71%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

MediciNova, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 3.160.306.000 100%
2005 7.479.244 -42154.35%
2006 9.623.956 22.29%
2007 11.372.873 15.38%
2008 8.773.695 -29.62%
2009 10.366.291 15.36%
2010 8.171.811 -26.85%
2011 8.323.715 1.82%
2012 6.734.844 -23.59%
2013 6.657.989 -1.15%
2014 5.963.317 -11.65%
2015 5.805.217 -2.72%
2016 7.362.662 21.15%
2017 8.803.347 16.37%
2018 9.961.012 11.62%
2019 7.952.035 -25.26%
2020 6.693.488 -18.8%
2021 5.715.285 -17.12%
2022 5.484.857 -4.2%
2023 5.408.728.000 99.9%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

MediciNova, Inc. EBITDA
Year EBITDA Growth
2001 -2.015.000
2002 -7.095.000 71.6%
2003 -6.283.204 -12.92%
2004 -48.906.871 87.15%
2005 -34.483.163 -41.83%
2006 -47.665.455 27.66%
2007 -57.759.255 17.48%
2008 -20.948.185 -175.72%
2009 -21.897.835 4.34%
2010 -17.774.531 -23.2%
2011 -16.066.565 -10.63%
2012 -10.950.170 -46.72%
2013 -3.920.053 -179.34%
2014 -9.158.450 57.2%
2015 -8.810.502 -3.95%
2016 -10.847.644 18.78%
2017 -12.878.790 15.77%
2018 -15.560.945 17.24%
2019 -14.007.133 -11.09%
2020 -14.156.981 1.06%
2021 -10.189.663 -38.93%
2022 -14.610.942 30.26%
2023 -4.587.552.000 99.68%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

MediciNova, Inc. Gross Profit
Year Gross Profit Growth
2001 0
2002 0 0%
2003 0 0%
2004 52.700 100%
2005 129.836 59.41%
2006 117.270 -10.72%
2007 117.270.000 99.9%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 802.580 100%
2013 6.003.257 86.63%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 4.037.500 100%
2022 0 0%
2023 4.000.000.000 100%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

MediciNova, Inc. Net Profit
Year Net Profit Growth
2001 -1.795.000
2002 -6.931.000 74.1%
2003 -6.209.130 -11.63%
2004 -48.272.603 87.14%
2005 -25.692.135 -87.89%
2006 -35.689.611 28.01%
2007 -48.903.244 27.02%
2008 -21.924.829 -123.05%
2009 -20.368.890 -7.64%
2010 -20.187.308 -0.9%
2011 -17.734.076 -13.83%
2012 -10.961.314 -61.79%
2013 -4.028.528 -172.09%
2014 -9.195.292 56.19%
2015 -8.845.079 -3.96%
2016 -10.865.979 18.6%
2017 -11.163.136 2.66%
2018 -14.675.087 23.93%
2019 -12.941.658 -13.39%
2020 -13.853.897 6.58%
2021 -10.134.252 -36.7%
2022 -14.069.083 27.97%
2023 -2.892.428 -386.41%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

MediciNova, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -36
2002 -139 74.64%
2003 -124 -11.29%
2004 -965 87.15%
2005 -3 -48150%
2006 -4 33.33%
2007 -4 25%
2008 -2 -300%
2009 -2 0%
2010 -2 0%
2011 -1 0%
2012 -1 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

MediciNova, Inc. Free Cashflow
Year Free Cashflow Growth
2003 -5.941.787
2004 -13.867.711 57.15%
2005 -23.859.459 41.88%
2006 -34.268.022 30.37%
2007 -44.239.398 22.54%
2008 -21.118.380 -109.48%
2009 -17.030.609 -24%
2010 -17.716.638 3.87%
2011 -13.314.737 -33.06%
2012 -11.947.816 -11.44%
2013 -10.688.010 -11.79%
2014 813.006 1414.63%
2015 -7.154.690 111.36%
2016 -6.630.696 -7.9%
2017 -6.923.934 4.24%
2018 -9.124.321 24.12%
2019 -9.136.259 0.13%
2020 -10.862.854 15.89%
2021 -9.410.337 -15.44%
2022 -12.916.573 27.15%
2023 -1.374.293 -839.87%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

MediciNova, Inc. Operating Cashflow
Year Operating Cashflow Growth
2003 -5.931.250
2004 -13.546.476 56.22%
2005 -22.880.895 40.8%
2006 -34.059.023 32.82%
2007 -43.858.689 22.34%
2008 -21.118.380 -107.68%
2009 -17.014.162 -24.12%
2010 -17.698.079 3.86%
2011 -13.308.652 -32.98%
2012 -11.864.438 -12.17%
2013 -10.646.456 -11.44%
2014 816.529 1403.87%
2015 -7.152.370 111.42%
2016 -6.546.213 -9.26%
2017 -6.923.934 5.46%
2018 -9.114.121 24.03%
2019 -9.124.987 0.12%
2020 -10.826.362 15.72%
2021 -9.381.605 -15.4%
2022 -12.911.563 27.34%
2023 -1.371.549 -841.39%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

MediciNova, Inc. Capital Expenditure
Year Capital Expenditure Growth
2003 10.537
2004 321.235 96.72%
2005 978.564 67.17%
2006 208.999 -368.21%
2007 380.709 45.1%
2008 0 0%
2009 16.447 100%
2010 18.559 11.38%
2011 6.085 -205%
2012 83.378 92.7%
2013 41.554 -100.65%
2014 3.523 -1079.51%
2015 2.320 -51.85%
2016 84.483 97.25%
2017 0 0%
2018 10.200 100%
2019 11.272 9.51%
2020 36.492 69.11%
2021 28.732 -27.01%
2022 5.010 -473.49%
2023 2.744 -82.58%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

MediciNova, Inc. Equity
Year Equity Growth
2001 8.054.000
2002 1.122.000 -617.83%
2003 4.569.882 75.45%
2004 7.669.122 40.41%
2005 135.707.779 94.35%
2006 100.980.908 -34.39%
2007 66.608.201 -51.6%
2008 48.044.532 -38.64%
2009 40.013.474 -20.07%
2010 24.704.360 -61.97%
2011 23.497.546 -5.14%
2012 14.879.992 -57.91%
2013 25.425.756 41.48%
2014 22.010.589 -15.52%
2015 32.752.974 32.8%
2016 34.531.929 5.15%
2017 38.642.140 10.64%
2018 73.107.612 47.14%
2019 74.894.623 2.39%
2020 71.326.500 -5%
2021 83.677.084 14.76%
2022 70.242.035 -19.13%
2023 64.669.252 -8.62%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

MediciNova, Inc. Assets
Year Assets Growth
2001 8.379.000
2002 1.586.000 -428.31%
2003 5.631.309 71.84%
2004 53.768.595 89.53%
2005 142.393.710 62.24%
2006 111.590.825 -27.6%
2007 73.752.438 -51.3%
2008 50.223.915 -46.85%
2009 94.326.907 46.76%
2010 72.934.169 -29.33%
2011 30.787.330 -136.9%
2012 19.568.041 -57.33%
2013 29.546.243 33.77%
2014 27.273.494 -8.33%
2015 37.906.323 28.05%
2016 39.813.134 4.79%
2017 43.419.064 8.3%
2018 77.222.692 43.77%
2019 79.205.174 2.5%
2020 75.419.110 -5.02%
2021 87.406.458 13.71%
2022 74.154.905 -17.87%
2023 68.136.561 -8.83%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

MediciNova, Inc. Liabilities
Year Liabilities Growth
2001 325.000
2002 464.000 29.96%
2003 1.061.427 56.29%
2004 46.099.473 97.7%
2005 6.685.931 -589.5%
2006 10.609.917 36.98%
2007 7.144.237 -48.51%
2008 2.179.383 -227.81%
2009 54.313.433 95.99%
2010 48.229.809 -12.61%
2011 7.289.784 -561.61%
2012 4.688.049 -55.5%
2013 4.120.487 -13.77%
2014 5.262.905 21.71%
2015 5.153.349 -2.13%
2016 5.281.205 2.42%
2017 4.776.924 -10.56%
2018 4.115.080 -16.08%
2019 4.310.551 4.53%
2020 4.092.610 -5.33%
2021 3.729.374 -9.74%
2022 3.912.870 4.69%
2023 3.467.309 -12.85%

MediciNova, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
20.39
Net Income per Share
-0.19
Price to Earning Ratio
-8.08x
Price To Sales Ratio
0.08x
POCF Ratio
-6.99
PFCF Ratio
-6.99
Price to Book Ratio
1.18
EV to Sales
0.03
EV Over EBITDA
-0.02
EV to Operating CashFlow
-2.35
EV to FreeCashFlow
-2.35
Earnings Yield
-0.12
FreeCashFlow Yield
-0.14
Market Cap
0,08 Bil.
Enterprise Value
0,03 Bil.
Graham Number
2.39
Graham NetNet
0.99

Income Statement Metrics

Net Income per Share
-0.19
Income Quality
1.15
ROE
-0.14
Return On Assets
-0.13
Return On Capital Employed
-18.35
Net Income per EBT
1
EBT Per Ebit
0.01
Ebit per Revenue
-1.16
Effective Tax Rate
133.88

Margins

Sales, General, & Administrative to Revenue
1.36
Research & Developement to Revenue
0.8
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
-1.16
Pretax Profit Margin
-0.01
Net Profit Margin
-0.01

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.22
Free CashFlow per Share
-0.22
Capex to Operating CashFlow
0
Capex to Revenue
-0
Capex to Depreciation
-0.41
Return on Invested Capital
2094.6
Return on Tangible Assets
-0.18
Days Sales Outstanding
0.37
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
1000
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0

Balance Sheet

Cash per Share
1,05
Book Value per Share
1,32
Tangible Book Value per Share
1.02
Shareholders Equity per Share
1.32
Interest Debt per Share
0
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
0.04
Current Ratio
18.92
Tangible Asset Value
0,05 Bil.
Net Current Asset Value
0,05 Bil.
Invested Capital
0.01
Working Capital
0,05 Bil.
Intangibles to Total Assets
0.21
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

MediciNova, Inc. Dividends
Year Dividends Growth

MediciNova, Inc. Profile

About MediciNova, Inc.

MediciNova, Inc., a biopharmaceutical company, focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. The company is developing MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent for treating neurological disorders, such as primary and secondary progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, glioblastoma, and substance dependence and addiction. Its product pipeline also includes MN-221 (bedoradrine), a selective beta-2-adrenergic receptor agonist for the treatment of acute exacerbations of asthma; MN-001 (tipelukast), an orally bioavailable small molecule compound to treat fibrotic diseases, including nonalcoholic steatohepatitis and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent for treating solid tumor cancers. The company has collaboration agreements with Kissei Pharmaceutical Co., Ltd.; Kyorin Pharmaceutical Co., Ltd; Angiogene Pharmaceuticals Ltd.; and Meiji Seika Kaisha Ltd. MediciNova, Inc. was incorporated in 2000 and is headquartered in La Jolla, California.

CEO
Dr. Yuichi Iwaki M.D., Ph.D.
Employee
13
Address
4275 Executive Square
La Jolla, 92037

MediciNova, Inc. Executives & BODs

MediciNova, Inc. Executives & BODs
# Name Age
1 Dr. Yuichi Iwaki M.D., Ph.D.
Co-Founder, President, Chief Executive Officer & Executive Director
70
2 Mr. Jason J. Kruger CPA
Chief Financial Officer & Principal Financial Officer
70
3 Dr. Kazuko Matsuda M.D., M.P.H., Ph.D.
Chief Medical Officer & Director
70
4 Dr. David H. Crean M.B.A., Ph.D.
Chief Business Officer
70
5 Mr. John O'Neil CPA
Controller
70

MediciNova, Inc. Competitors