Immunome Inc. (IMNM) Stock Analysis

Immunome Inc. (IMNM) Stock Analysis

Overall Grade: F (Concerning)

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Immunome Inc. faces challenges in financial performance that warrant careful analysis.

Key Metrics:

Metric Value Context
ROIC -94.0% Below expectations
FCF Margin -1982.0% Cash flow pressure
Debt/Equity 0.0x Conservative leverage

Investment Thesis: Financial metrics indicate concerning business quality with areas requiring attention.


What is Immunome Inc.'s Profitability and ROIC?

Immunome Inc.'s return on invested capital of -94.0% is below the typical cost of capital.

Key Metrics

Metric Value Rating Interpretation
Return on Invested Capital (ROIC) -94.0% Red flag Below cost of capital
Return on Equity (ROE) -89.4% Red flag Moderate equity returns
Operating Margin -2419.9% Warning Moderate operational efficiency

How Strong is Immunome Inc.'s Cash Flow Quality?

Immunome Inc. generated $-191.8M in free cash flow over the trailing twelve months, representing a -1982.0% margin. FCF was positive in N/A of the last 8 quarters, indicating variable cash generation.

Key Metrics

Metric Value Rating Interpretation
Free Cash Flow Margin -1982.0% Red flag Thin cash margins
Free Cash Flow (TTM) $-191.8M Red flag Cash burn
OCF/Net Income 0.8x Good Potential accrual concerns
FCF Consistency (8Q) N/A Warning Variable cash flow

What is Immunome Inc.'s Financial Health?

Immunome Inc.'s debt-to-equity ratio of 0.0x indicates conservative leverage.

Key Metrics

Metric Value Rating Interpretation
Debt to Equity 0.0x Excellent Conservative capital structure

Is Immunome Inc. Stock Overvalued or Undervalued?

Immunome Inc. trades at a P/E of -4.0x, representing a premium to the sector median of N/A. Free cash flow yield of -20.7% reflects market expectations for growth.

Key Metrics

Metric Value Rating Interpretation
P/E Ratio -4.0x Red flag Reasonable valuation
EV/Sales 51.6x Warning Growth premium priced in
FCF Yield -20.7% Warning Lower cash yield

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) -94.0% Top 5% -
Free Cash Flow Margin -1982.0% Bottom 10% -
Operating Margin -2419.9% Top 5% -537.9x below
Return on Equity (ROE) -89.4% Bottom 50% -

Rating Thresholds

Return on Invested Capital (ROIC)

Measures how efficiently a company uses its debt and equity capital to generate profits. ROIC above 15% typically indicates a competitive moat.

Rating Range Interpretation
Excellent > 20% Exceptional capital efficiency, strong competitive moat
Good 12% - 20% Above-average returns, sustainable competitive position
Adequate 8% - 12% Around cost of capital, moderate competitive position
Warning 4% - 8% Below cost of capital, value may be eroding
Red flag < 4% Significant capital destruction, fundamental issues

Current: -94.0% (Red flag - Top 5% of sector (median: 0.0%))

Free Cash Flow Margin

The percentage of revenue converted to free cash flow. Higher margins indicate stronger cash generation and business quality.

Rating Range Interpretation
Excellent > 20% Strong cash generation, high-quality business
Good 10% - 20% Healthy cash conversion
Adequate 5% - 10% Moderate cash generation
Warning 0% - 5% Thin cash margins, capital intensive
Red flag < 0% Cash burn, potential liquidity concerns

Current: -19.8x (Red flag)

Debt to Equity Ratio

Total debt divided by shareholders' equity. Lower ratios indicate more conservative financing and reduced financial risk.

Rating Range Interpretation
Excellent < 0.3x Conservative leverage, strong balance sheet
Good 0.3x - 0.7x Moderate leverage, healthy financial position
Adequate 0.7x - 1.5x Elevated leverage, monitor closely
Warning 1.5x - 3.0x High leverage, increased financial risk
Red flag > 3.0x Excessive leverage, potential distress risk

Current: 0.0% (Excellent)

Free Cash Flow Yield

Free cash flow per share divided by stock price. Higher FCF yield indicates better cash return relative to valuation.

Rating Range Interpretation
Excellent > 8% High cash return, potential value opportunity
Good 5% - 8% Solid cash yield
Adequate 3% - 5% Moderate cash return
Warning 1% - 3% Low cash yield, growth expectations
Red flag < 1% Minimal cash return to shareholders

Current: -20.7% (Red flag)


Frequently Asked Questions

Q: What is Immunome Inc.'s Return on Invested Capital (ROIC)?

Immunome Inc. (IMNM) has a trailing twelve-month Return on Invested Capital (ROIC) of -94.0%. This compares below the sector median of 0.0%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is Immunome Inc.'s Free Cash Flow Margin?

Immunome Inc. (IMNM) has a free cash flow margin of -1982.0%, generating $-191.8 million in free cash flow over the trailing twelve months. Negative free cash flow means the company is consuming cash, which may require financing.

Q: Is Immunome Inc. stock overvalued or undervalued?

Immunome Inc. (IMNM) trades at a P/E ratio of -4.0x, which is above the sector median of N/A. The EV/Sales multiple is 51.6x.

Q: What is Immunome Inc.'s revenue and earnings growth?

Immunome Inc. (IMNM) declined revenue by 4.4% year-over-year. Earnings per share increased by 63.6% compared to the prior year. Revenue decline may indicate market challenges or industry headwinds.

Q: How does Immunome Inc. compare to competitors in Healthcare?

Compared to other companies in Healthcare, Immunome Inc. (IMNM) shows: ROIC of -94.0% is below the sector median of 0.0% (Top 3%). FCF margin of -1982.0% trails the sector median of 0.0%. These rankings are based on MetricDuck's analysis of all Healthcare companies with available SEC filings.

Q: What warning signs should I watch for with Immunome Inc.?

Investors in Immunome Inc. (IMNM) should monitor these potential warning signs: 1) FCF margin is thin at -1982.0%, leaving limited buffer for economic downturns. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-11-06. TTM metrics as of Q3 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

This analysis is for informational purposes only and does not constitute investment advice.