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Roivant Sciences (ROIV) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NasdaqGS•Healthcare•Biotechnology
D
WeakMetricSide Score: 38/100
ProfitabilityProfit20/30
GrowthGrowth7/25
Balance SheetBalance9/25
Cash QualityCash2/20
Price & Volume
Market Cap $25.20B

Roivant Sciences Ltd., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines and technologies. Its clinical product candidates include IMVT-1402, a fully human monoclonal antibody targeting FcRn in development across several IgG-mediated autoimmune indications; mosliciguat, an inhaled sGC activator in development for pulmonary hypertension associated with interstitial lung disease; neonatal fragment crystallizable receptor for the treatment of graves' disease, difficult-to-treat rheumatoid arthritis, sjögren's disease, myasthenia gravis, chronic inflammatory demyelinating polyneuropathy, and cutaneous lupus erythematosus indications; batoclimab, a fully human monoclonal antibody for the treatment of thyroid eye disease; and brepocitinib, a potent small molecule inhibitor of TYK2 and JAK1 in development for the treatment of dermatomyositis, non-infectious uveitis, cutaneous sarcoidosis, and other immune-mediated diseases. The company's lead program consists of mosliciguat, an inhaled sGC activator for the treatment of pulmonary hypertension associated with interstitial lung disease and other cardiopulmonary diseases. In addition, the company offers delivery platforms comprising a lipid nanoparticle (LNP) platform and a ligand conjugate platform. Roivant Sciences Ltd. was founded in 2014 and is based in London, United Kingdom.

Moat Signals

Competitive analysis based on 19 quarters of fundamental data

Pricing Power

Weak Moat

Operating margins are under pressure, averaging -5416.6%. The business may lack pricing power or face rising costs.'

Competitive Advantage

Moderate Moat

ROE averages 28.1% but has fluctuated — the competitive advantage may be cyclical or emerging.

Risk Signals

Data-driven red flags and warnings across 19 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Leverage Risk

Healthy

Limited debt-to-equity data available.

Revenue Decline

Red Flag

TTM revenue has contracted 118.2% — significant decline indicating deteriorating demand.

Cash Burn

Red Flag

The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Share Dilution

Healthy

Shares decreased 2.5% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$8.26M
71.6%
Q. Revenue
$2.52M
TTM EBITDA
$-510.11M
48.0%
TTM Op. Income
$-515.07M
48.7%
Q. Op. Income
$415.24M
TTM Net Income
$-299.77M
74.3%
Q. Net Income
$302.99M
EPS
$0.422
Shares Out.
$717.36M
1.4%
$8.26M in TTM revenue declined 71.6% YoY, reaching $2.52M last quarter. TTM EBITDA of $-510.11M and TTM operating income of $-515.07M shows growth is flowing through. However, net income is negative at $299.77M — growth is not yet reaching the bottom line. Revenue is contracting — assess whether this is cyclical or structural.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
16567.1%
Op. Margin
16477.8%
2342.0%
Net Margin
12023.6%
2204.4%
Op. margin of 16477.8% is up 15803.0% YoY — cost efficiency is improving. Net margin at 12023.6%.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
3051.0x
P/B Ratio
5.6x
P/S of 3051.0x and P/B of 5.6x. A high P/S suggests growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$5.71B
Cash
$1.42B
Long-Term Debt
N/A
Book Value
$4.53B
D/E Ratio
N/A
Debt/EBITDA
0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-163.82M
Free Cash Flow
$-165.08M
4.8%
FCF Margin
-1998.5%
FCF / Net Income
-0.5
FCF of $-165.08M on $-163.82M in operating cash flow. The FCF / Net Income ratio of 0.6x indicates partial cash conversion — earnings quality needs attention.

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Cash Generation

Weak Moat

Only 0 of the last 8 quarters had positive FCF — the business may require external capital to sustain operations.

Demand Durability

Weak Moat

Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.