CGEN

Compugen Ltd.

Fundamental data last updated:October 30, 2026

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company profile

SECTOR

Healthcare

industry

Biotechnology

Exchange

NASDAQ

County of HQ

IL

Next Earnings Date

11/09/2026

Business Summary

Compugen Ltd., an Israeli-based company established in 1993 and headquartered in Holon, is a clinical-stage enterprise focused on the discovery, development, and commercialization of therapeutic and product candidates. Its operations extend across Israel, the United States, and Europe. The company’s core activities center around its immuno-oncology pipeline, which includes several investigational treatments: COM701, an anti-PVRIG antibody currently undergoing Phase I clinical studies for solid tumors. COM902, a therapeutic antibody designed to target TIGIT, which is also in Phase I clinical trials as a monotherapy for advanced malignancies. Bapotulimab, an antibody targeting ILDR2, presently in Phase I clinical development for solid tumor indications. AZD2936, an innovative bispecific antibody targeting both TIGIT and PD-1, advancing through Phase I/II clinical studies for patients with advanced or metastatic non-small cell lung cancer. Additionally, Compugen maintains earlier-stage immuno-oncology programs, with a particular emphasis on myeloid targets. To further its research and development, Compugen actively fosters strategic alliances. It has a collaboration agreement with Bayer Pharma AG for the research, development, and commercialization of antibody-based therapeutics that modulate immune checkpoint regulators. Another key partnership is with Bristol-Myers Squibb, aimed at evaluating the safety and tolerability of COM701 when administered alongside Bristol-Myers Squibb's PD-1 immune checkpoint inhibitor, Opdivo, in patients with advanced solid tumors. The company also collaborates with Johns Hopkins School of Medicine to investigate novel T cell and myeloid checkpoint targets, and has a distinct research collaboration with Johns Hopkins University specifically dedicated to myeloid science. Furthermore, Compugen holds a licensing agreement with AstraZeneca for the development of bi-specific and multi-specific immuno-oncology antibody products.

 


VALUATION

P/E

4.99

Market Cap ($M USD)

$177.61M

Forward P/E

-8.64

PEG

-0.75

PRICE TO SALES

2.40

PRICE TO BOOK

2.00

EV / EBITDA

4.83

5-Year Average P/E

Free Cash Flow Yield

0.00%

DCF Value

$-10.14

Graham Number

$2.80

Price to FCF

0.00

EV to FCF

0.00

Earnings Yield

19.83%

FCF Yield

0.00%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.37

Next Year EPS Growth Estimate

-$0.28

Next Year Revenue Growth Estimate

$10.20M

Return on Equity (ROE)

42.57%

FREE CASH FLOW

Operating Margin

40.94%

Debt-to-Equity

0.03

Piotroski F-Score

5

Altman Z-Score

-0.28

Return on Invested Capital (ROIC)

26.00%

Current Ratio

5.72

Quick Ratio

5.72

Net Debt to EBITDA

-0.21

Interest Coverage

0.00

Gross Profit margin

86.89%

FCF PER SHARE

$0.00

REVENUE PER SHARE

$0.78

Gainseekers Quantitative Analysis

Summary

CGEN’s valuation is a paradox. Despite a Price/Earnings ratio of 7.74, which suggests affordability, the Forward P/E of -8.47 signals potential earnings challenges ahead. The market seems to misprice it relative to its DCF Value, which is deeply negative, and the Graham Number of 3.03, indicating overvaluation at the snapshot price. The Altman Z-score of 1.12 raises red flags about financial distress, while an Earnings Yield of 12.92% suggests some underlying value. This stock is a mixed bag of opportunity and risk, with the market’s expectations potentially misaligned with its financial reality.

AI Exposure / Tech Reliance

Operating within the biotechnology sector, CGEN is well-positioned to leverage AI and modern tech advancements. The industry inherently benefits from AI-driven drug discovery and personalized medicine, which can accelerate research and development. This adaptability is crucial for maintaining a competitive edge in a rapidly evolving landscape.

The Bull Case

For the discerning GARP investor, CGEN offers compelling reasons to buy. A robust ROIC of 23.32% underscores its capital efficiency, while a Free Cash Flow Yield of 11.43% highlights its ability to generate cash. The Piotroski F-Score of 6 indicates solid financial health, and an Operating Margin of 43.05% reflects strong pricing power. These metrics paint a picture of a company capable of delivering value through strategic management and operational excellence.

The Bear Case

However, CGEN is not without its pitfalls. The Price/Sales ratio of 3.77 and Price/Book of 2.66 suggest it may be overvalued relative to its tangible assets and revenue. The Altman Z-score hints at potential financial instability, and the stock's proximity to its 52-week high could indicate technical overextension. While its debt levels are low, the negative Forward P/E and estimated EPS decline point to structural earnings risks that cannot be ignored.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$5.00

Institutional Ownership %

1-Year Beta

2.79

Insider Buying % (6 Mo)

Distance to 52-Week High

72.80%

Distance to 52-Week Low

23.73%

EARNINGS SURPRISE %

12.52%

50-DAY SMA

$2.37

200-DAY SMA

$2.29

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.