Market cap
$126 Mln
Revenue (TTM)
$243 Mln
P/E Ratio
3.1
P/B Ratio
1.5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -30.70 | -31.58 | 201.11 | 803.10 | 187.43 |
| EBIT | -326.27 | 9.56 | 177.59 | 34.12 | 22.77 |
| Net Profit | -360.55 | 9.96 | 168.13 | 33.27 | 22.10 |
| EPS | -360.57 | 15.09 | 163.55 | 31.35 | 20.45 |
| Book Value | -- | -- | 47.34 | -15.14 | -11.98 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -436.05 | -21,691.33 | 16.95 | 8.27 | -222.02 |
| Net Margin
| -- | -57,300.09 | 15.88 | -- | -- |
| Return on equity
| -63.46 | -61.60 | 45.35 | 22.26 | -114.71 |
| Return on Capital
| -45.45 | -47.46 | -- | 18.24 | -80.40 |
| Return on Assets
| -36.57 | -40.98 | 14.83 | 9.26 | -51.85 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.10 | 0.40 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
--
|
18.24
|
-80.40
|
-74.18
|
-61.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
45.35
Higher than Peers by 85.65
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
45.35
|
22.26
|
-114.71
|
-97.94
|
-72.29
|
|
Peer Median
|
-40.29
|
--
|
--
|
--
|
--
|
ROA
14.83
Higher than Peers by 45.67
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
14.83
|
9.26
|
-51.85
|
-67.13
|
-57.47
|
|
Peer Median
|
-30.84
|
--
|
--
|
--
|
--
|
EBIT Margin
16.95
Higher than Peers by 99.16
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
16.95
|
8.27
|
-222.02
|
-1,094.42
|
-99,426.17
|
|
Peer Median
|
-82.21
|
--
|
--
|
--
|
--
|
Net Margin
15.88
Higher than Peers by 105.76
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
15.88
|
6.88
|
-233.27
|
-1,117.56
|
-106,691.09
|
|
Peer Median
|
-89.88
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
Higher than Peers by 0.00
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
201.11
Higher than Peers by 147.07
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
201.11
|
7.27
|
2.89
|
67.96
|
-0.88
|
|
Peer Median
|
54.03
|
--
|
--
|
--
|
--
|
EBIT Growth
177.59
Higher than Peers by 178.54
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
177.59
|
130.80
|
21.10
|
24.09
|
-54.44
|
|
Peer Median
|
-0.95
|
--
|
--
|
--
|
--
|
Net Profit Growth
168.13
Higher than Peers by 175.31
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
168.13
|
124.39
|
18.82
|
23.47
|
-52.91
|
|
Peer Median
|
-7.19
|
--
|
--
|
--
|
--
|
EPS Growth
163.55
Higher than Peers by 149.12
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
163.55
|
1.24
|
0.37
|
0.23
|
-0.48
|
|
Peer Median
|
14.43
|
--
|
--
|
--
|
--
|
Book Value Growth
136.26
Higher than Peers by 146.72
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
136.26
|
--
|
--
|
--
|
--
|
|
Peer Median
|
-10.46
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
--
|
0.10
|
0.40
|
0.46
|
0.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.03
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
0.03
|
0.03
|
0.12
|
0.11
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.60
Lower than Peers by 4.21
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
1.60
|
1.57
|
0.75
|
3.32
|
5.55
|
|
Peer Median
|
5.80
|
--
|
--
|
--
|
--
|
Quick Ratio
1.60
Lower than Peers by 4.10
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
1.60
|
--
|
--
|
3.32
|
5.44
|
|
Peer Median
|
5.69
|
--
|
--
|
--
|
--
|
Interest Coverage
18.76
Higher than Peers by 20.84
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
18.76
|
6.95
|
-21.46
|
-55.81
|
-81.52
|
|
Peer Median
|
-2.09
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
19.33
Higher than Peers by 0.36
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
19.33
|
21.64
|
41.70
|
40.76
|
18.69
|
|
Peer Median
|
18.97
|
--
|
--
|
--
|
--
|
Asset Turnover
0.93
Higher than Peers by 0.87
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
0.93
|
1.35
|
0.22
|
0.06
|
0.00
|
|
Peer Median
|
0.07
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
--
|
48.73
|
95.30
|
74.94
|
155.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
--
|
--
|
0.00
|
81.17
|
111.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
--
|
--
|
354.75
|
288.06
|
524.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
--
|
--
|
-259.45
|
-131.95
|
-257.56
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
3.06
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
3.06
|
4.85
|
-2.25
|
-1.23
|
-1.58
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Price / Book Value
1.52
Lower than Peers by 3.83
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
1.52
|
0.90
|
2.56
|
1.76
|
1.54
|
|
Peer Median
|
5.35
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
1.46
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
1.46
|
0.87
|
-2.23
|
-1.23
|
-1.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
126
Lower than Peers by 21
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Vaxart (VXRT)
|
126
|
--
|
--
|
--
|
--
|
|
Peer Median
|
147
|
--
|
--
|
--
|
--
|