Explore 3 Stock Ideas & Industry Insights Download Free Report

argenx NV ADR

Company price
892.87 USD -4.98 ( 0.55%)
Last update at 2026-10-30T20:00:00Z
VOLUME
461285
Market Cap
36536.14M

Momentum Score

…

argenx SE, a biotechnology company, engages in the developing of various therapies for the treatment of autoimmune diseases in the United States, Japan, Europe, Middle East, Africa, and China. Its lead product candidate is efgartigimod for the treatment of patients with myasthenia gravis, immune thrombocytopenia, pemphigus vulgaris, generalized myasthenia gravis, chronic inflammatory demyelinating polyneuropathy, thyroid eye disease, bullous pemphigoid, myositis, primary sjögren's syndrome, post-covid postural orthostatic tachycardia syndrome, membranous nephropathy, lupus nephropathy, anca-associated vasculitis, and antibody mediated rejection; ENHANZE SC; Empasiprubart for multifocal motor neuropath, delayed graft function, and dermatomyositis; and ARGX-119 for congenital myasthenic syndrome and amyotrophic lateral sclerosis. The company is developing ARGX-213 targets FcRn; ARGX-121 and ARGX-220 targets immune system; ARGX-109 targets IL-6; ARGX-118 for inflammation; and ARGX-109, as well as cusatuzumab, ARGX-112, ARGX-114, and ARGX-115. It owns VYVGART; VYVGART HYTRULO; VYVDURA; ARGENX; ABDEG; NHANCE; SIMPLE ANTIBODY; and ARGENXMEDHUB. The company has strategic partnership with AbbVie S.À.R.L., Zai Lab Limited, and LEO Pharma A/S; and collaboration and license agreement with Genor Biopharma Co. Ltd, Université Catholique de Louvain, Sopartec S.A., NYU Langone Health, Leiden University Medical Center, AgomAb Therapeutics NV, Broteio Pharma B.V., VIB vzw, University of Texas, BioWa, Inc., and Shire International GmbH. It has collaboration agreement with Genmab A/S to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology, as well as a strategic collaboration with IQVIA Holdings Inc. to provide safety systems and services. argenx SE was incorporated in 2008 and is based in Amsterdam, the Netherlands.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
890.01
Low
916.05
High
52 Week Price Range
327.73
Low
630.00
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

argenx NV is a commercial-stage biopharma using an FcRn-targeting antibody platform; its lead drug efgartigimod is marketed for autoimmune disease and the company maintains a development pipeline. Long-term growth may be driven by geographic and label expansion of the approved product, advancement of pipeline candidates and further platform-enabled programs, which could support revenue scaling if commercial uptake continues.
Material risks include clinical or regulatory setbacks, slower-than-expected commercial adoption and reimbursement hurdles, competition from other immunotherapies and potential financing needs.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
897.85
Dividend Yield
-
Revenue TTM
1908.66M
Revenue Per Share
1.28
Gross Profit TTM
-251.79M
Debt / Equity
0.00
ROE
-5.74%
Net Debt
-2028.84M
ROCE
-7.95%
Diluted EPS TTM
-0.81

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax -304.50M -729.31M -399.74M -647.81M -177.23M
Minority interest - - - - 0.00M
Net income -295.05M -709.59M -408.26M -651.23M -182.55M
Selling general administrative 507.39M 469.92M 307.64M 183.91M 60.32M
Selling and marketing expenses 202.15M 2.21M 59.97M - 12.01M
Gross profit 1108.48M 381.31M -12.77M -259.08M -118.65M
Reconciled depreciation 111.31M 104.34M 5.87M 3.43M 2.17M
Ebit -327.50M -686.35M -320.29M -605.89M -200.01M
Ebitda -216.02M -582.01M -314.42M -601.67M -182.68M
Depreciation and amortization 111.48M 104.34M 5.87M 4.22M 17.33M
Non operating income net other - - - - 0.00M
Operating income -425.05M -719.66M -348.75M -514.38M -200.01M
Other operating expenses 1651.37M 1130.41M 846.02M 562.36M 279.41M
Interest expense 0.90M 3.91M 1.10M 1.74M 0.14M
Tax provision -9.44M -19.72M 8.52M 2.78M 4.75M
Interest income 92.96M 27.66M 3.49M 5.12M 7.87M
Net interest income 92.06M 23.76M -0.94M -1.41M 7.75M
Extraordinary items - - - - 0.00M
Non recurring - - - - 0.00M
Other items - - - - 0.00M
Income tax expense -9.44M -19.72M 8.52M 3.43M 5.32M
Total revenue 1226.32M 410.75M 497.28M 44.85M 78.17M
Total operating expenses 1533.53M 1100.98M 846.02M 562.36M 279.41M
Cost of revenue 117.83M 29.43M 510.04M 303.93M 196.82M
Total other income expense net 120.55M -5.04M -35.01M -127.87M 22.79M
Discontinued operations - - - - 0.00M
Net income from continuing ops -295.05M -709.59M -408.26M -528.92M -162.97M
Net income applicable to common shares - -709.59M -408.26M -528.92M -162.97M
Preferred stock and other adjustments - - - - 0.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 4542.46M 3134.26M 2850.27M 2284.87M 1605.59M
Intangible assets 125.23M 174.90M 171.68M 167.78M 44.99M
Other current assets 134.07M -0.00M 58.95M 27.98M 1033.11M
Total liab 444.95M 320.56M 316.05M 606.76M 428.57M
Total stockholder equity 4097.51M 2813.70M 2534.22M 1678.11M 1177.02M
Deferred long term liab - - - - 0.00M
Other current liab 172.79M 110.14M 88.88M 72.53M 0.39M
Common stock 7.06M 6.64M 6.23M 5.85M 4.79M
Capital stock 7.06M 6.64M 6.23M 5.85M 4.79M
Retained earnings -2404.84M -2109.79M -1400.20M -1059.59M -372.53M
Other liab - 9.28M 6.86M 220.59M 218.10M
Good will - - - - 0.00M
Other assets - 128.45M 119.78M 30.34M 0.00M
Cash 2048.84M 800.74M 1334.68M 1219.63M 371.09M
Total current liabilities 422.99M 302.28M 301.24M 329.26M 179.18M
Current deferred revenue - - - 46.44M 81.03M
Net debt -2028.84M -788.31M -1323.21M -1209.95M -363.80M
Short term debt 4.65M 3.42M 3.51M 3.48M 2.21M
Short long term debt - - - - 0.00M
Short long term debt total 20.00M 12.43M 11.46M 9.68M 7.30M
Other stockholder equity 6423.22M 4309.88M 3462.78M 2531.39M 1465.79M
Property plant equipment - 16.23M 15.84M 9.49M 8.17M
Total current assets 4123.74M 2774.20M 2542.97M 2061.78M 1538.24M
Long term investments 47.16M 40.48M 53.17M 5.14M 2.60M
Net tangible assets - 2638.80M 2362.54M 1227.96M 1010.59M
Short term investments 1131.00M 1391.81M 1002.05M 781.46M 1125.26M
Net receivables 499.27M 277.27M 38.22M 7.46M 31.79M
Long term debt - - - - 0.00M
Inventory 310.55M 228.35M 109.08M 25.25M -1023.00M
Accounts payable 245.56M 188.72M 208.85M 206.80M 95.55M
Total permanent equity - - - - 0.00M
Noncontrolling interest in consolidated entity - - - - 0.00M
Temporary equity redeemable noncontrolling interests - - - - 0.00M
Accumulated other comprehensive income 72.07M 606.97M 465.41M 200.46M 78.97M
Additional paid in capital - - - - 0.00M
Common stock total equity - - - 4.76M 4.28M
Preferred stock total equity - - - - 0.00M
Retained earnings total equity - - - - 0.00M
Treasury stock - - - - 0.00M
Accumulated amortization - - - - 0.00M
Non currrent assets other 126.45M 49.23M 34.42M 22.24M 0.71M
Deferred long term asset charges - - - - 0.00M
Non current assets total 418.72M 360.06M 307.30M 223.09M 67.34M
Capital lease obligations 20.00M 12.43M 11.46M 7.87M 6.51M
Long term debt total - - - - 0.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments 308.21M -461.18M -228.24M 307.64M -744.34M
Change to liabilities - 0.33M -180.47M 12.28M 310.63M
Total cashflows from investing activities - -461.18M -347.07M 310.25M -744.34M
Net borrowings - -4.17M -3.85M -2.23M -1.35M
Total cash from financing activities 1336.73M 843.76M 1121.34M 920.85M 738.60M
Change to operating activities - -34.51M -44.97M -22.73M -10.73M
Net income -425.05M -720.34M -348.75M -514.38M -200.01M
Change in cash 1248.10M -533.94M 117.87M 813.03M 56.28M
Begin period cash flow 800.74M 1334.68M 1216.80M 407.89M 314.81M
End period cash flow 2048.84M 800.74M 1334.68M 1220.92M 371.09M
Total cash from operating activities -420.33M -862.81M -606.81M -426.44M 150.76M
Issuance of capital stock 1196.73M 760.95M 1091.33M 899.77M 760.53M
Depreciation 111.31M 104.34M 5.87M 4.22M 2.43M
Other cashflows from investing activities - 13.14M 2.60M 7.06M 5.47M
Dividends paid - 5.47M - - 0.00M
Change to inventory -83.03M -119.28M -83.88M -25.28M -28.01M
Change to account receivables -185.98M -222.38M -31.58M 22.13M -25.70M
Sale purchase of stock -12.14M -5.47M - - 0.00M
Other cashflows from financing activities 143.80M 86.97M 33.87M 22.39M -20.41M
Change to netincome - 118.17M 136.54M 190.35M 18.44M
Capital expenditures 43.81M 103.82M 121.43M 5.48M 46.76M
Change receivables - - - - 0.00M
Cash flows other operating - - - - 0.00M
Exchange rate changes - - - - 0.00M
Cash and cash equivalents changes - - - - 0.00M
Change in working capital -404.49M -375.72M -340.95M -13.80M 310.22M
Stock based compensation 232.97M 157.03M 179.37M 97.03M 44.31M
Other non cash items 97.67M -28.11M -75.00M -6.50M -6.18M
Free cash flow -464.14M -966.63M -728.25M -431.92M 103.99M

Peer Comparison*

Sector: Healthcare Industry: Biotechnology

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ARGX
argenx NV ADR
-4.98
0.55%
892.87 - 103.09 19.14 8.74 18.47 -100.18
NVO
Novo Nordisk A/S
0.86
2.20%
40.00 41.58 31.15 2.13 32.99 2.11 4.70
VRTX
Vertex Pharmaceuticals Inc
18.88
3.50%
558.88 30.22 24.27 10.36 6.50 9.99 24.66
REGN
Regeneron Pharmaceuticals Inc
109.12
13.33%
927.89 29.07 20.12 7.57 3.82 6.95 19.42
ARGNF
argenx SE
-
-%
900.30 45.77 31.25 13.84 7.12 11.38 36.06

Profile*

argenx NV ADR

argenx SE, a biotechnology company, engages in the developing of various therapies for the treatment of autoimmune diseases in the United States, Japan, Europe, Middle East, Africa, and China. Its lead product candidate is efgartigimod for the treatment of patients with myasthenia gravis, immune thrombocytopenia, pemphigus vulgaris, generalized myasthenia gravis, chronic inflammatory demyelinating polyneuropathy, thyroid eye disease, bullous pemphigoid, myositis, primary sjögren's syndrome, post-covid postural orthostatic tachycardia syndrome, membranous nephropathy, lupus nephropathy, anca-associated vasculitis, and antibody mediated rejection; ENHANZE SC; Empasiprubart for multifocal motor neuropath, delayed graft function, and dermatomyositis; and ARGX-119 for congenital myasthenic syndrome and amyotrophic lateral sclerosis. The company is developing ARGX-213 targets FcRn; ARGX-121 and ARGX-220 targets immune system; ARGX-109 targets IL-6; ARGX-118 for inflammation; and ARGX-109, as well as cusatuzumab, ARGX-112, ARGX-114, and ARGX-115. It owns VYVGART; VYVGART HYTRULO; VYVDURA; ARGENX; ABDEG; NHANCE; SIMPLE ANTIBODY; and ARGENXMEDHUB. The company has strategic partnership with AbbVie S.À.R.L., Zai Lab Limited, and LEO Pharma A/S; and collaboration and license agreement with Genor Biopharma Co. Ltd, Université Catholique de Louvain, Sopartec S.A., NYU Langone Health, Leiden University Medical Center, AgomAb Therapeutics NV, Broteio Pharma B.V., VIB vzw, University of Texas, BioWa, Inc., and Shire International GmbH. It has collaboration agreement with Genmab A/S to discover, develop, and commercialize novel therapeutic antibodies with applications in immunology and oncology, as well as a strategic collaboration with IQVIA Holdings Inc. to provide safety systems and services. argenx SE was incorporated in 2008 and is based in Amsterdam, the Netherlands.

Laarderhoogtweg 25, Amsterdam, Netherlands, 1101EB

31 10 703 8441

1148

Name Title Year Born
Mr. Timothy Van Hauwermeiren EMBA, M.B.A., M.Sc., MSc CEO & Exec. Director 1972
Prof. Hans de Haard Ir, Ph.D. Co-Founder & Chief Scientific Officer 1960
Mr. Karl Gubitz Chief Financial Officer 1970
Mr. R. Keith Woods Chief Operating Officer 1968
Mr. Arjen Lemmen M.Sc. VP of Corp. Devel. & Strategy 1985
Dr. David L. Lacey M.D. Advisor 1952
Ms. Andria Wilk Global Head of Quality 1974
Mr. Filip Borgions VP & Global Head of Technical Operations NA
Ms. Beth DelGiacco VP and Global Head of Corp. Communications & Investor Relations NA
Ms. Malini Moorthy Gen. Counsel 1970

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…