ARDX (ARDX)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$1.40B
EV / Sales3.27
EV / EBITDA-54.86
EV / Operating Cash Flow-38.60
EV / Free Cash Flow-37.33

Return Metrics (TTM)

Return on Equity (ROE)-38.11%
Return on Assets (ROA)-11.51%
Return on Invested Capital (ROIC)-9.44%
Return on Capital Employed (ROCE)-9.48%

Yield Metrics

Earnings Yield-4.77%
Free Cash Flow Yield-3.07%

Balance Sheet Strength

Net Debt / EBITDA-6.94
Current Ratio3.49
Working Capital$272.30M
Tangible Asset Value$148.62M
Net Current Asset Value$25.98M

Working Capital Efficiency

Days Sales Outstanding70.70
Days Payables Outstanding298.28
Operating Cycle (Days)311.32
Cash Conversion Cycle13.04

Capital Allocation

CapEx / Revenue0.29%
CapEx / Operating Cash Flow-3.41%
R&D / Revenue17.38%
SG&A / Revenue83.31%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin89.54%
Operating Margin-10.06%
Net Profit Margin-15.12%

Solvency

Debt / Equity1.27
Quick Ratio4.11
Cash Ratio0.77

Per Share

Revenue / Share$1.69
FCF / Share-$0.18
PE Ratio-22.42