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Pharma Mar SA (ES:PHM)
BME:PHM
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Pharma Mar SA (PHM) AI Stock Analysis

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Pharma Mar SA

(BME:PHM)

Rating:55Neutral
Price Target:
€83.00
▲(3.23%Upside)
Pharma Mar SA faces significant challenges with declining profitability and cash flow issues, impacting its financial performance. Technical indicators suggest bearish momentum, while a high P/E ratio raises valuation concerns. These factors collectively result in a cautious outlook for the stock.

Pharma Mar SA (PHM) vs. iShares MSCI Spain ETF (EWP)

Pharma Mar SA Business Overview & Revenue Model

Company DescriptionPharma Mar, S.A., a biopharmaceutical company, engages in the research, development, production, and commercialization of bio-active principles of marine origin for use in oncology in Spain, Italy, Germany, Ireland, rest of EU, the United States, and internationally. The company operates through three segments: Oncology, Diagnostics, and RNA interference. It develops and commercializes Yondelis for the treatment of soft tissue sarcomas and for ovarian cancer; Aplidin for treating multiple myeloma; and Zepzelca for treating patients with small cell lung cancer. The company also develops PM14 which is in phase II clinical trails for the treatment of solid tumors. In addition, it develops and markets diagnostics kits; and develops drugs with therapeutic activity based on reducing or silencing gene expression. The company was incorporated in 1986 and is based in Madrid, Spain.
How the Company Makes MoneyPharma Mar SA generates revenue through the development, production, and commercialization of its pharmaceutical products. The company primarily earns money by licensing its proprietary drugs to pharmaceutical partners and through direct sales of its products in markets where it retains commercialization rights. Additionally, Pharma Mar benefits from royalties on sales made by its partners, as well as milestone payments tied to the development and commercialization progress achieved by its collaborators. The company's revenue is further supported by strategic partnerships and collaborations which help expand its research capabilities and market reach.

Pharma Mar SA Financial Statement Overview

Summary
Pharma Mar SA has declining revenues and profitability, impacting financial health. The balance sheet is relatively strong with manageable leverage, but cash flow challenges pose a risk to stability. Improvement in operational efficiency and cash flow generation is needed.
Income Statement
62
Positive
Pharma Mar SA has shown a declining revenue trend over the past few years, with a notable decrease from 2020 to 2025. The TTM data shows a slight increase in total revenue compared to the previous year. The gross profit margin remains strong, indicating effective cost management, but the net profit margin has decreased significantly, reflecting reduced profitability. The EBIT and EBITDA margins have also declined, which indicates lower operational efficiency.
Balance Sheet
75
Positive
The company's balance sheet reflects a solid equity base with a strong equity ratio. The debt-to-equity ratio is manageable, signaling a balanced approach to leverage. However, the decrease in stockholders' equity over the years and fluctuations in total assets highlight potential concerns about asset management. The return on equity has decreased over time, reflecting challenges in generating returns for shareholders.
Cash Flow
55
Neutral
The cash flow statement shows significant variability, with negative free cash flow in the TTM period, indicating cash flow challenges. The operating cash flow to net income ratio is concerning, as it reflects difficulties in converting accounting profits into cash. However, the company has managed to maintain a positive operating cash flow in prior years, which suggests some potential for cash flow recovery.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue175.75M174.85M158.15M196.34M229.83M269.96M
Gross Profit165.93M166.67M148.54M182.70M213.39M256.24M
EBITDA21.93M21.23M4.55M52.07M104.08M155.94M
Net Income19.88M26.13M1.14M49.36M92.86M137.26M
Balance Sheet
Total Assets333.50M349.64M340.52M393.26M368.39M330.26M
Cash, Cash Equivalents and Short-Term Investments140.85M154.53M162.56M182.42M201.88M195.52M
Total Debt51.94M51.08M43.67M42.63M49.33M56.66M
Total Liabilities136.02M141.28M147.08M170.30M190.47M227.54M
Stockholders Equity197.47M208.36M193.44M222.96M177.92M102.72M
Cash Flow
Free Cash Flow-18.29M-9.48M-29.40M29.47M17.87M275.94M
Operating Cash Flow-9.56M6.03M-13.45M38.32M25.68M278.94M
Investing Cash Flow39.33M1.03M-43.05M10.88M18.47M-119.01M
Financing Cash Flow-5.43M-5.35M-32.14M-13.37M-27.41M-73.82M

Pharma Mar SA Technical Analysis

Technical Analysis Sentiment
Negative
Last Price80.40
Price Trends
50DMA
81.75
Negative
100DMA
82.30
Negative
200DMA
79.35
Positive
Market Momentum
MACD
-0.25
Positive
RSI
46.99
Neutral
STOCH
24.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:PHM, the sentiment is Negative. The current price of 80.4 is below the 20-day moving average (MA) of 80.71, below the 50-day MA of 81.75, and above the 200-day MA of 79.35, indicating a neutral trend. The MACD of -0.25 indicates Positive momentum. The RSI at 46.99 is Neutral, neither overbought nor oversold. The STOCH value of 24.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES:PHM.

Pharma Mar SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (52)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
ESPHM
55
Neutral
$1.44B70.9010.15%1.00%8.39%947.08%
52
Neutral
$7.39B>-0.01-63.86%2.36%16.15%0.36%
€2.31B225.000.69%1.46%
€1.41B12.7216.04%6.09%
€7.08B30.533.37%
€242.56M22.195.11%1.65%
€2.75B20.1625.24%1.38%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ES:PHM
Pharma Mar SA
80.40
41.45
106.40%
GB:0O9B
Almirall
10.70
1.85
20.90%
GB:0K9H
Faes Farma
4.53
1.13
33.24%
GB:0RDV
Grifols
8.76
1.28
17.11%
GB:0RB1
LABORATORIO REIG JOFRE
2.98
0.23
8.36%
GB:0ILL
Laboratorios Farmaceuticos Rovi
54.16
-31.01
-36.41%

Pharma Mar SA Corporate Events

Pharma Mar Concludes Share Buy-back Program Early
Jun 20, 2025

Pharma Mar SA has completed its share buy-back program ahead of schedule, acquiring a total of 91,111 shares, which represents 0.5% of its share capital, for over 7.5 million euros. The completion of this program will lead to the amortization of these shares through a share capital reduction, and the resumption of operations under a liquidity contract with JB Capital Markets from June 23, 2025.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar SA Announces Dividend Payment for 2025
Jun 18, 2025

Pharma Mar SA announced the payment of a dividend from its share premium reserve, set to be distributed on June 27, 2025, at a net amount of 0.80 euros per share. This move reflects the company’s commitment to providing value to its shareholders and could enhance its market position by demonstrating financial stability and shareholder-friendly policies.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar S.A. Shareholders Approve Board Proposals
Jun 18, 2025

Pharma Mar S.A. held its Ordinary General Meeting of shareholders, where all proposals from the Board of Directors were approved by a sufficient majority. The outcomes of the meeting will be published on the company’s website within five days, reflecting the company’s commitment to transparency and shareholder engagement.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar’s Strategic Shareholder Meeting
Jun 18, 2025

Pharma Mar SA announced that its Chairman and Chief Financial Officer will present to shareholders at the Ordinary General Meeting in Colmenar Viejo, Madrid. This meeting is significant for stakeholders as it provides insights into the company’s current operations and future strategies.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar’s Zepzelca® Shows Promising Results in Lung Cancer Treatment
Jun 3, 2025

Pharma Mar SA announced positive results from the phase 3 IMforte study, showcasing the effectiveness of Zepzelca® (lurbinectedin) combined with atezolizumab as a first-line maintenance treatment for advanced-stage small cell lung cancer (SCLC). The study demonstrated significant improvements in progression-free and overall survival, marking a potential new standard in SCLC treatment. The results were presented at the ASCO meeting and published in The Lancet, with a marketing authorization application submitted to the European Medicines Agency.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar SA Reports on Recent Share Buy-Back Activities
May 26, 2025

Pharma Mar SA has reported on its share buy-back program activities conducted between May 19 and May 23, 2025. During this period, the company purchased a total of 6,500 shares at varying prices on the BME trading center. This buy-back initiative is part of the company’s strategy to stabilize its stock and potentially enhance shareholder value.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

PharmaMar Seeks EMA Approval for New Lung Cancer Treatment
May 21, 2025

PharmaMar has submitted a marketing authorization application to the European Medicines Agency for Zepzelca® in combination with atezolizumab for first-line maintenance treatment in adult patients with advanced-stage small cell lung cancer. This application is based on significant results from the Phase 3 IMforte trial, highlighting the potential impact on PharmaMar’s operations and its positioning in the oncology market.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar SA Updates on Share Buy-Back Program
May 19, 2025

Pharma Mar SA has reported on its recent share buy-back program activities conducted between May 12 and May 16, 2025. This initiative is part of the company’s strategy to stabilize its stock and potentially enhance shareholder value, reflecting a proactive approach to managing its market presence.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar Gains Approval for Cancer Drug in Argentina
May 19, 2025

Pharma Mar S.A., along with its partner Adium Pharma S.A., has received conditional marketing approval in Argentina for Zepzelca® (lurbinectedin) for the treatment of metastatic small cell lung cancer (SCLC). This approval, based on clinical trial data, expands the availability of lurbinectedin to 18 territories globally, reinforcing Pharma Mar’s position in the oncology market and providing a new treatment option for a particularly aggressive form of lung cancer.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar’s Zepzelca® Gains Approval in Argentina for SCLC Treatment
May 19, 2025

Pharma Mar SA, in partnership with Adium Pharma SA, has received conditional marketing approval in Argentina for Zepzelca® (lurbinectedin) to treat metastatic small cell lung cancer (SCLC) in adults. This approval, based on clinical trial data, expands the availability of lurbinectedin to 18 territories globally, highlighting its growing impact in cancer treatment markets, particularly in Latin America.

The most recent analyst rating on (ES:PHM) stock is a Buy with a EUR108.00 price target. To see the full list of analyst forecasts on Pharma Mar SA stock, see the ES:PHM Stock Forecast page.

Pharma Mar S.A. Announces 2025 Shareholders’ Meeting with Key Agenda Items
May 6, 2025

Pharma Mar S.A. has announced the convening of its Ordinary General Shareholders’ Meeting, scheduled for June 18, 2025, at the Villa de Colmenar Viejo Municipal Auditorium in Madrid. The meeting will address several key agenda items, including the approval of annual accounts, management reports, and a proposal for dividend distribution. Additionally, the re-election of a director and the approval of a new share delivery plan for employees are on the agenda, indicating the company’s focus on strategic governance and employee engagement.

PharmaMar Reports Strong Q1 2025 Financial Growth
Apr 24, 2025

PharmaMar Group reported a 19% increase in recurring income, reaching 37.8 million euros in Q1 2025, driven by strong sales of lurbinectedin in Europe and the U.S. The company also saw a 22% rise in net sales and a 16% increase in royalty income. Despite a decrease in R&D investment, the financial results reflect positive growth in the oncology segment, with implications for sustained market presence and stakeholder confidence.

Pharma Mar Announces 2025 Shareholders Meeting with Key Governance Proposals
Apr 24, 2025

Pharma Mar, S.A. has announced the convening of its Ordinary General Meeting of Shareholders, scheduled for June 18, 2025. Key agenda items include the approval of the Annual Accounts, Management Reports, and a proposal for a dividend distribution. The meeting will also address the re-election of a director, authorization for share acquisitions, and a new share delivery plan for employees, reflecting the company’s strategic focus on governance and stakeholder engagement.

Pharma Mar SA Reports on Recent Share Buy-Back Activities
Apr 21, 2025

Pharma Mar SA has reported on its recent share buy-back program activities conducted between April 14 and April 17, 2025. The company purchased a total of 1,600 shares at the BME trading center, with weighted average prices ranging from 75.00000 to 75.62000 per share, as part of its ongoing efforts to stabilize and manage its treasury stock.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 13, 2025