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Invex Therapeutics Ltd (IXC) Fair Value & Analysis

Healthcare · AU · Market cap A$7.9M

IT Invex Therapeutics Ltd IXC · AU
PriceA$0.1150
Fair ValueA$0.0700
Upside-39.1%
Quality57/100
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Expensive Growth
Thin margins · 0.0% net margin
negative free cash flow
Mixed vs. peers (4/8)
Narrow moat 12/100
Evidence: Low Range A$0.0500 – A$0.0900 Share as image

Fair value as of: Jul 12, 2026

From 1 valuation models · updated 29 days ago

Share price +9.5% over the past month.

A solid business, but screening 39% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.0900). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

A$0.7500 A$0.0600 Fair Value A$0.0700 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range A$0.0600 – A$0.7500 · fair‑value band A$0.0500 – A$0.0900 · the A$0.1150 price screens above the A$0.0700 fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

Invex Therapeutics Ltd (IXC) currently trades at A$0.1150, while our model-based Fair Value estimate is A$0.0700, implying the stock looks roughly 39.1% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at A$229K. Revenue declined 44.9% year over year. It earns a return on equity of -16.8%. The balance sheet holds a net cash position of A$5.4M. Fundamentals as of Jul 12, 2026

Our scenario range runs from A$0.0500 (bear case) to A$0.0900 (bull case); at A$0.1150, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 36% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -39%, IXC screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) A$0.0300 A$0.0500 A$0.0700 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.0300 A$0.0500 A$0.0700 50

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Key figures & financial health

Revenue (TTM) A$229K
Revenue growth (YoY) -44.9%
Return on equity -16.8%
Free cash flow −A$653K FY2025
Operating margin -96,227%
EPS (TTM) A$-0.0100
More key figures
Net cash A$5.4M FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 40

Profitability 2
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 50
Distance to the 52-week high (market factor)
Net Issuance 78
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Invex Therapeutics Ltd, a biopharmaceutical company, engages in the research and development of treatments for neurological conditions in Australia.

Full company description

Invex Therapeutics Ltd, a biopharmaceutical company, engages in the research and development of treatments for neurological conditions in Australia. It is involved in developing Exenatide, a treatment for neurological conditions derived from or involving raised intracranial pressure, such as idiopathic intracranial hypertension, acute stroke, and traumatic brain injury that has completed Phase III clinical trial. The company has a collaboration with Tessara Therapeutics. Invex Therapeutics Ltd was incorporated in 2019 and is based in Subiaco, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Invex Therapeutics Ltd reported revenue of A$229K in FY2025 versus A$159K in FY2021, a compound +9.6%/yr. Reported net income was −A$477K in FY2025.

Growth Quality 21/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
A$229K
Latest YoY
−81.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.7%
Avg. growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+247.5%
Revenue +9.6%/yr
FY21 A$159K
FY22 A$182K
FY23 A$459K
FY24 A$1.2M
FY25 A$229K
Net income
FY21 −A$2.3M
FY22 −A$4.0M
FY23 −A$7.8M
FY24 −A$1.6M
FY25 −A$477K

IXC screens 39% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "Invex Therapeutics Ltd Fair Value". https://www.fairvalue-calculator.com/stock/IXC

Peer Group

Biotechnology · 601 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 58 · Top 25%
Fair Value upside −39% · Above median
Return on assets -13% · Below median
Net margin (TTM) 0% · Above median
Revenue growth -45% · Bottom 25%

Valuation Multiples vs Biotechnology median · lower = cheaper

P/B 1.06× · Cheaper than median
P/S (TTM) 24.33× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Biotechnology stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $486.03 $278.78 -43%
Regeneron Pharmaceuticals, Inc REGN $664.45 $594.40 -11%
Samsung Biologics Co 207940 1,368,000 KRW 1,091,384 KRW -20%
Celltrion, Inc 068270 175,800 KRW 76,325 KRW -57%
WuXi Biologics (Cayman) Inc 2269 HK$39.54 HK$30.42 -23%
Innovent Biologics, Inc 1801 HK$86.70 HK$19.66 -77%
Sino Biopharmaceutical Limited 1177 HK$5.26 HK$3.36 -36%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
RemeGen Co 688331 ¥134.02 ¥26.99 -80%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%

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Frequently asked questions

Is Invex Therapeutics Ltd (IXC) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of A$0.0700 versus a price of A$0.1150, about −39% (overvalued).
What is the fair value of IXC?
Our model-based fair value for Invex Therapeutics Ltd is A$0.0700 (as of Jul 12, 2026), built from audited fundamentals. The current price is A$0.1150.
What is the quality score of IXC?
Invex Therapeutics Ltd has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Invex Therapeutics Ltd (IXC)?
Invex Therapeutics Ltd reported trailing-twelve-month revenue of about A$229K (latest available figure, as of Jul 12, 2026).
What is the net profit margin of IXC?
The net profit margin of Invex Therapeutics Ltd is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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