WVE

Wave Life Sciences Ltd.

Fundamental data last updated:September 17, 2026

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company profile

SECTOR

Healthcare

industry

Biotechnology

Exchange

NASDAQ

County of HQ

SG

Next Earnings Date

Pending Announcement

Business Summary

Wave Life Sciences Ltd., a clinical stage genetic medicine company, designs, optimizes, and produces novel stereopure oligonucleotides through PRISM, a discovery and drug developing platform. It is developing oligonucleotides target ribonucleic acid to reduce the expression of disease-promoting proteins or restore the production of functional proteins, or modulate protein expression. The company also develops WVE-004, a C9orf72 molecule for the treatment of amyotrophic lateral sclerosis and frontotemporal dementia; WVE-003, a mutant huntingtin SNP3 molecule for the treatment of Huntington's disease; WVE-N531, an Exon 53 molecule for the treatment of Duchenne muscular dystrophy; and ATXN3, a discovery stage program for the treatment of spinocerebellar ataxia 3, as well as multiple preclinical programs for CNS disorders. In addition, it focuses on developing GalNAc-conjugated AIMers to treat hepatic indications comprising Alpha-1 antitrypsin deficiency (AATD); and two preclinical programs, such as Usher syndrome type 2A (USH2A) and retinitis pigmentosa due to a P23H mutation in the RHO gene (RhoP23H) for the treatment of retinal diseases. It has collaboration agreements with Pfizer Inc., Takeda Pharmaceutical Company Limited, University of Oxford, University of Massachusetts, Western Washington University, Grenoble Institute of Neurosciences, IRBM S.p.A, University of Louisville, and University College London. The company was incorporated in 2012 and is based in Singapore.

 


VALUATION

P/E

-7.05

Market Cap ($M USD)

$1.24B

Forward P/E

30.19

PEG

0.24

PRICE TO SALES

17.34

PRICE TO BOOK

2.53

EV / EBITDA

-3.93

5-Year Average P/E

Free Cash Flow Yield

-14.73%

DCF Value

$0.68

Graham Number

N/A

Price to FCF

-6.79

EV to FCF

-3.91

Earnings Yield

-14.18%

FCF Yield

-14.73%

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

-$0.92

Next Year EPS Growth Estimate

$0.21

Next Year Revenue Growth Estimate

$539.36M

Return on Equity (ROE)

-56.41%

FREE CASH FLOW

Operating Margin

-274.21%

Debt-to-Equity

0.03

Piotroski F-Score

3

Altman Z-Score

7.11

Return on Invested Capital (ROIC)

-36.89%

Current Ratio

11.26

Quick Ratio

11.26

Net Debt to EBITDA

2.90

Interest Coverage

0.00

Gross Profit margin

93.79%

FCF PER SHARE

$-0.92

REVENUE PER SHARE

$0.36

Gainseekers Quantitative Analysis

Summary

Wave Life Sciences Ltd. is navigating a precarious financial landscape. The stock’s valuation is starkly misaligned with its DCF Value, suggesting significant overvaluation. Despite a Forward P/E of 31.09, indicating market optimism, the negative Earnings Yield and a robust Altman Z-score of 8.39 reveal a paradox of perceived growth potential against financial distress. The market seems to be pricing in a turnaround, yet the current fundamentals paint a picture of caution.

AI Exposure / Tech Reliance

Operating within the biotechnology sector, Wave Life Sciences is inherently positioned to leverage AI and tech advancements. The industry's rapid innovation cycle demands adaptability, and companies like WVE must integrate cutting-edge technologies to maintain relevance. Their success hinges on harnessing AI for drug discovery and personalized medicine.

The Bull Case

For the optimistic investor, Wave Life Sciences presents a compelling narrative. The company's low Debt/Equity ratio of 0.03 and a high Current Ratio of 11.26 signal financial stability and liquidity. Despite a negative ROIC, the Piotroski F-Score of 3 suggests some operational strengths. The potential for explosive sales growth next year could translate into significant pricing power if execution aligns with expectations.

The Bear Case

However, the bear case is hard to ignore. With a Price/Sales ratio of 19.24 and a Price/Book of 2.81, the stock appears overvalued. The negative FCF Yield and an Operating Margin of -274.21% underscore severe cash flow issues. Trading far below its 50-Day and 200-Day SMAs, the stock's technical position is weak, raising red flags for potential investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$26.38

Institutional Ownership %

1-Year Beta

-1.32

Insider Buying % (6 Mo)

Distance to 52-Week High

235.86%

Distance to 52-Week Low

22.41%

EARNINGS SURPRISE %

61.76%

50-DAY SMA

$7.58

200-DAY SMA

$10.07

⚠️ 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.