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Added to YB: 2025-02-17

Pitch date: 2025-02-13

CPH.TO [bullish]

Cipher Pharmaceuticals Inc.

+6.05%

current return

Author Info

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Company Info

Cipher Pharmaceuticals Inc. operates as a specialty pharmaceutical company in Canada. It offers Epuris (isotretinoin), an oral retinoid indicated for the treatment of severe nodular and/or inflammatory acne, acne conglobate and recalcitrant acne; Actikerall, a topical solution indicated for the treatment of slightly palpable and/or moderately thick hyperkeratotic actinic keratosis (Grade I/II) of the face, forehead, and balding scalp; Natroba for the topical treatment of head lice and scabies infestations in adult and pediatric patients; Vaniqa, a topical cream for the slowing of the growth of unwanted facial hair in women; Durela, an opioid analgesic for the management of moderate to moderately severe pain in adults; Brinavess for the rapid conversion of onset atrial fibriallation to sinus rhythm in adults; and Aggrastat, a reversible GP IIb/IIIa inhibitor for use in patients with Acute Coronary Syndrome.

Market Cap

CAD 253.4M

Pitch Price

CAD 13.06

Price Target

30.00 (+114%)

Dividend

N/A

EV/EBITDA

13.11

P/E

14.93

EV/Sales

5.16

Sector

Pharmaceuticals

Category

growth

Show full summary:
The Securities I Like Best - Part 1: Cipher Pharmaceuticals $CPH.TO

CPH.TO: Specialty pharma aggregator, asset-light model. Q3 rev +213% YoY post-Natroba acquisition. 79% GM, $45M+ run-rate GP, $26M norm. EBITDA. Growth drivers: Natroba US expansion, ex-US licensing, salesforce utilization. Potential $50M+ EBITDA in 2 years. 48% insider ownership. Undervalued at current price, potential 12-15x EBITDA multiple ($30s/share).

Read full article (3 min)