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1. Company Snapshot

1.a. Company Description

LAVA Therapeutics N.V., a clinical-stage immuno-oncology company, focuses on developing cancer treatments.The company, through its Gammabody platform, develops a portfolio of novel bispecific antibodies to engage and leverage the potency and precision of gamma delta T cells to elicit an anti-tumor immune response and enhance outcomes for cancer patients.Its lead clinical-stage candidates are LAVA-051, which is in Phase 1/2a clinical trial for blood cancers, including chronic lymphocytic leukemia, multiple myeloma, and acute myeloid leukemia; and LAVA-1207 that is in Phase 1/2a clinical trial for metastatic castration-resistant prostate cancer.


The company is also developing other Gammabody drug candidates, which include LAVA-1223, which targets the epidermal growth factor receptor (EGFR) for the treatment of selected solid tumors, as well as LAVA-1266 and LAVA-1278, which are preclinical candidates for the treatment of various hematologic malignancies.LAVA Therapeutics N.V. has a research collaboration and license agreement with Janssen Biotech, Inc.for the potential discovery and development of multi-specific antibody products that are directed to a specified target in various fields of use.


The company was incorporated in 2016 and is headquartered in Utrecht, the Netherlands.

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1.b. Last Insights on LVTX

LAVA Therapeutics' recent performance was driven by a significant positive development, as the company was granted a full waiver for the RVO payment obligation, exempting it from a $5.1 million repayment. This waiver strengthens LAVA's balance sheet and underscores its focus on cost curtailment and strategic option evaluation. The company's ability to secure this waiver is a testament to its efforts to optimize its financial position and navigate the current market landscape.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Brokerages Set LAVA Therapeutics N.V. (NASDAQ:LVTX) PT at $2.69

Nov -16

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Robert Bruce's Strategic Moves: AT&T Inc. Sees a -1.41% Portfolio Impact

Nov -13

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LAVA Announces Exceeding Minimum Condition in Tender Offer and Intent to Delist from Nasdaq

Nov -13

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LAVA Therapeutics N.V. Shareholders are Reminded to Tender Shares for XOMA Royalty Transaction Before November 12, 2025 Deadline

Nov -10

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Insider Selling: LAVA Therapeutics (NASDAQ:LVTX) Major Shareholder Sells $1,460,000.00 in Stock

Oct -23

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Shareholder Alert: The Ademi Firm investigates whether LAVA Therapeutics N.V. is obtaining a Fair Price for its Public Shareholders in the Amendment to the Purchase Agreement

Oct -20

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LAVA Therapeutics to Move Extraordinary General Meeting to Early November 2025

Sep -30

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LAVA Reports Second Quarter 2025 Financial Results and Provides Corporate Update

Aug -13

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (11.30%)

6. Segments

Novel Bispecific Antibodies

Expected Growth: 11.3%

LAVA Therapeutics N.V.'s novel bispecific antibodies drive 11.3% growth, fueled by increasing demand for targeted cancer therapies, advancements in antibody engineering, and strategic partnerships. Additionally, expanding pipeline of candidates, growing prevalence of cancer, and rising healthcare expenditure contribute to the segment's rapid expansion.

7. Detailed Products

Gamma-Delta T Cell Engagers

LAVA Therapeutics N.V. develops gamma-delta T cell engagers, a novel class of bispecific antibodies that selectively target and activate gamma-delta T cells for the treatment of various types of cancer.

LAVA-051

LAVA-051 is a gamma-delta T cell engager that targets CD1d, a protein expressed on the surface of certain cancer cells, and activates gamma-delta T cells to kill these cells.

LAVA-1207

LAVA-1207 is a gamma-delta T cell engager that targets a tumor-specific antigen and activates gamma-delta T cells to kill cancer cells.

8. LAVA Therapeutics N.V.'s Porter Forces

Forces Ranking

Threat Of Substitutes

LAVA Therapeutics N.V. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the ongoing research and development in the biotechnology industry.

Bargaining Power Of Customers

LAVA Therapeutics N.V. has a diverse customer base, and no single customer has significant bargaining power, reducing the threat of customer bargaining power.

Bargaining Power Of Suppliers

LAVA Therapeutics N.V. relies on a few key suppliers for raw materials and equipment, giving them some bargaining power, but the company's strong relationships with suppliers mitigate this threat.

Threat Of New Entrants

The biotechnology industry is highly competitive, and new entrants can easily disrupt the market, posing a significant threat to LAVA Therapeutics N.V.'s market share.

Intensity Of Rivalry

The biotechnology industry is highly competitive, and LAVA Therapeutics N.V. faces intense rivalry from established companies and new entrants, making it challenging to maintain market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 10.98%
Debt Cost 3.95%
Equity Weight 89.02%
Equity Cost 7.35%
WACC 6.97%
Leverage 12.34%

11. Quality Control: LAVA Therapeutics N.V. passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
ProQR Therapeutics

A-Score: 4.2/10

Value: 6.4

Growth: 6.6

Quality: 4.1

Yield: 0.0

Momentum: 7.5

Volatility: 0.3

1-Year Total Return ->

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Atai Life Sciences

A-Score: 4.0/10

Value: 6.0

Growth: 2.9

Quality: 5.0

Yield: 0.0

Momentum: 10.0

Volatility: 0.0

1-Year Total Return ->

Stock-Card
Pharma Mar

A-Score: 3.6/10

Value: 1.1

Growth: 4.4

Quality: 7.8

Yield: 1.2

Momentum: 5.0

Volatility: 2.0

1-Year Total Return ->

Stock-Card
LAVA Therapeutics

A-Score: 3.3/10

Value: 6.8

Growth: 5.6

Quality: 3.0

Yield: 0.0

Momentum: 3.5

Volatility: 1.0

1-Year Total Return ->

Stock-Card
NewAmsterdam Pharma

A-Score: 3.2/10

Value: 6.2

Growth: 4.0

Quality: 4.3

Yield: 0.0

Momentum: 4.5

Volatility: 0.3

1-Year Total Return ->

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Calliditas Therapeutics

A-Score: 3.0/10

Value: 6.0

Growth: 4.2

Quality: 3.8

Yield: 0.0

Momentum: 4.0

Volatility: 0.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

1.74$

Current Price

1.74$

Potential

-0.00%

Expected Cash-Flows