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Agenus Inc.AGENCompetitor analysis, valuation and peers

United States · USD·Health Care›Biotechnology
Momentum leader 93
Mkt cap
$323M
US dollars, full cap
Free float
88%
of shares outstanding
$/day
$5.07M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+39.0 pp
WACC 9.2%
Hurdle
n/a
no reverse DCF
Next earnings
130 days
16 Mar 2027
Close · USD$7.15
1D+11.0%
1W+4.5%
1M-5.2%
3M+2.1%
6M+87.2%
YTD+127.7%
1Y+93.8%
ATR %7.5%
Beta1.73
52w lowhigh30.6% off high

What Agenus does

Employees: 81

Agenus at a glance

Size Agenus (AGEN) is a United States Health Care company (Biotechnology) with a market value of $323M, the 3049th largest of 3,117 United States companies the cockpit tracks. Shares closed at $7.15 on 6 Nov 2026.

Performance Over six months the shares gained 87.2%, against -26.6% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 18 in its peer set.

Growth Revenue grew 30.5% over the last twelve months (peer median +7.0%); the operating margin is 27.0% (peer median -554.7%).

Valuation It trades at 4.4× enterprise value to sales against a peer median of 11.6× (4th cheapest of 14).

Capital Return on invested capital runs 39.0 points above its cost of capital (9.2% WACC).

Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).

Relative performance

10020030011 May 202611 Aug 20266 Nov 2026AGEN 219Peer median 73
Six months, rebased to 100: Agenus against the median of its 20 peers (local-currency closes).

Agenus financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$133M$114M$103M$156M$98.0M
Revenue growth—+10%-34%+59%—
Gross profit$127M$103M$89.6M$140M$80.5M
EBITDA$40.6M-$10.6M-$111M-$147M-$173M
Net income$92.0M$115,000-$227M-$246M-$220M
Free cash flow-$98.5M-$77.2M-$159M-$234M-$228M
Capital expenditure$0$6,000$576,000$9.95M$53.1M
Total debt$290M$335M$431M$350M$370M

Quarterly statements and history in the cockpit →

Agenus competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%26172105GALT6945XFORBNTC086900ALEC4894IPSCFENCCRNAPROKKYTX18733880ALLOAGEN6-month return →1-month return →
Up and to the right = strong over both horizons. Agenus is the large dot.

Fundamentals: revenue growth against valuation

0%+200%+400%+600%0×500×1,000×1,500×7630XFOR086900ALEC4894FENCPROK6132AGENRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Agenus is the large dot.

Agenus competitors and peer comparison

How Agenus compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Agenus against its 20 peers (data as of 6 Nov 2026)
MeasureAGENPeer medianRank in peer set
1-month return-5.2%-13.5%6th highest of 20
6-month return+87.2%-26.6%highest of 18
Distance from 52-week high-30.6%-53.3%3rd highest of 20
Revenue growth (TTM)+30.5%+7.0%5th highest of 14
Operating margin27.0%-554.7%2nd highest of 14
EV / Sales4.4×11.6×4th cheapest of 14
ROIC minus cost of capital+39.0 pp-76.1 pphighest of 10
EV / EBITDA14.5×6.6×most expensive of 4
Net debt / EBITDA6.7×-0.4×most indebted of 4

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Agenus AGENUnited States$323M+87%+30%27%4.4×n/an/a
TransThera Sciences (Nanjing) 2617.HKHong Kong$323M-83%n/a-751%36.4×n/an/a
IMPACT Therapeutics 7630.HKHong Kong$325Mn/a+395%-173%9.9×n/an/a
Laekna 2105.HKHong Kong$328M-57%n/a-57%4.8×n/an/a
Galectin Therapeutics GALTUnited States$317M+50%n/an/an/an/an/a
AP Biosciences 6945.TWOTaiwan$330M-32%-100%n/an/an/an/a
X4 Pharmaceuticals XFORUnited States$315M-28%-52%-555%11.6×n/an/a
Benitec Biopharma BNTCUnited States$333M-22%n/an/an/an/an/a
Medy-Tox 086900.KSSouth Korea$310M-39%+7%7%2.0×6.0%+11.9%
Alector ALECUnited States$340M+9%-83%-857%14.4×n/an/a
Cuorips 4894.TJapan$341M-9%-51%-947%392.1×n/an/a
Century Therapeutics IPSCUnited States$304M-27%-100%n/an/an/an/a
Fennec Pharmaceuticals FENCUnited States$344M+42%+78%-3%5.1×n/an/a
Circio CRNA.OLNorway$303M-14%n/an/an/an/an/a
ProKidney PROKUnited States$345M-39%+55%-21,665%1,556.3×n/an/a
Kyverna Therapeutics KYTXUnited States$302M-48%n/an/an/an/an/a
HJ Science 6132.HKHong Kong$300Mn/a+621%-967%65.6×n/an/a
Viva Biotech 1873.HKHong Kong$354M-14%+7%10%1.2×5.6%+19.1%
Medtide 3880.HKHong Kong$358M-9%+14%36%2.7×n/an/a
Allogene Therapeutics ALLOUnited States$359M-54%-100%-3,886%22.8×n/an/a
Aspen Neuroscience ASPEUnited States$362Mn/an/an/an/an/an/a

Questions

Which companies are Agenus's closest peers?
The cockpit's peer set: TransThera Sciences (Nanjing) (2617.HK), IMPACT Therapeutics (7630.HK), Laekna (2105.HK), Galectin Therapeutics (GALT), AP Biosciences (6945.TWO), X4 Pharmaceuticals (XFOR), Benitec Biopharma (BNTC), Medy-Tox (086900.KS).
Is Agenus expensive compared with its peers?
On ev / sales it trades at 4.4× against a peer median of 11.6×, 4th cheapest of 14 in its peer set.
How has Agenus stock performed?
Over six months to 6 Nov 2026 the shares returned +87.2% against -26.6% for the median peer; over one year +93.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.