MorphoSys AG

MorphoSys AG

MOR.DE
MorphoSys AGDE flagDeutsche Börse
67.25
EUR
-0.45
- -
2.53BMarket Cap
MorphoSys AG
MOR.DE
(Deutsche Börse)

Recent

price

67.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
3.22
3.6
3.84
3.59
2.26
3.18
2.47
4.08
1.88
2.31
2.44
2.27
9.88
5.38
8.15
- -
6.98
Revenue per Share
0.59
0.4
0.41
0.36
0.08
0.54
-0.12
0.57
-2.28
-2.41
-1.79
-3.26
2.95
-15.4
-4.42
- -
-5.55
Basic EPS, GAAP
1.11
-0.21
-0.53
1.03
-0.02
3.41
-1.34
-1.24
-1.87
-1.78
-1.12
-2.68
-0.42
-15.2
-11.18
- -
-5.79
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
6.2
0.49
0.9
1.26
1.35
1.92
1.71
2.28
0.06
-2.35
-3.86
-7.08
-3.77
-19.1
-23.11
- -
-28.55
Book Value per Share
5.2
5.78
5.15
5.73
7.26
12.94
11.69
10.88
13.14
10.05
14.07
11.07
16.59
-27.81
-31.78
- -
-33.29
Tangible Book Value per Share
22
22
23
23
23
25
26
26
26
29
31
32
33
33
34
- -
34
Basic Weighted Avg Shares
72
81
87
82
52
78
64
106
50
67
76
72
328
180
278
238
238
Sales/Revenue/Turnover
22.92
14.08
11.32
14.3
4.7
13.01
-9.07
12.1
-120.12
-100.4
-78.57
-150.51
6.12
-154.57
-79.32
-105.28
-105.22
Operating Margin (%)
5
5
6
7
6
5
4
3
4
4
4
6
8
10
11
11
6
Depreciation Expense
13
9
9
8
2
13
-3
15
-60
-70
-56
-103
98
-514
-151
-190
-190
Net Income, GAAP
26.87
31.22
30.18
26.72
22.47
30.99
- -
27.76
- -
- -
- -
- -
- -
- -
962.15
- -
- -
Effective Tax Rate (%)
18.36
11.07
10.57
10.01
3.74
17.09
-4.71
14.03
-121.39
-104.54
-73.48
-143.56
29.87
-286.43
-54.29
-79.63
-79.6
Profit Margin (%)
123
131
111
131
168
371
290
273
270
293
343
242
1,006
848
811
550
550
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
40
315
322
688
622
622
LT Debt
162
174
186
197
202
352
349
363
415
359
488
395
621
245
157
49
49
Total Equity
7.81
4.65
3.78
4.39
0.93
2.5
- -
2.6
- -
- -
- -
- -
- -
- -
266.76
- -
- -
Return on Invested Capital (%)
20.84
12.05
58.66
33.38
6.5
33.97
- -
28.62
- -
- -
- -
- -
- -
- -
572.88
- -
- -
Return on Capital (%)
- -
12.05
58.81
33.43
6.5
34.09
-6.58
28.72
-198.03
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
5
- -
14
LT Borrowings
240
- -
613
LT Finance Leases
36
- -
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
- -
38
Market Capitalization
930
883
1,162

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
863
- -
814
Cash, Cash Equivalents & STI
672
- -
683
Accounts Receivable, Net
71
- -
32
Inventories
72
- -
62
Total Current Liabilities
242
- -
264
Payables & Accruals
121
- -
110
ST Debt
5
- -
14
Deferred Revenue
- -
- -
19

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-8.68%
-25.38%
-68.84%
Free Cash Flow
339.64%
703.79%
-21.79%
Net Income, GAAP
-200.86%
-156.45%
25.6%
Sales/Revenue/Turnover
38.96%
69.19%
-14.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
47
38
41
53
180
2022
41
59
96
82
278
2023
62
53
64
59
238

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-1.27
0.64
-3.3
-11.16
-15.4
2022
-3.59
-6.88
-3.6
- -
-4.42
2023
-1.3
-2.16
-3.5
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Business
MorphoSys AG is a global biopharmaceutical company focused on the discovery, development, and commercialization of innovative antibody therapies primarily for oncology and inflammation. Founded in 1992 and headquartered in Planegg, Germany, the company specializes in fully human monoclonal antibodies using proprietary antibody, protein, and peptide technologies including the Human Combinatorial Antibody Library (HuCAL®), which enables rapid generation and optimization of therapeutic antibodies. MorphoSys's portfolio includes proprietary drug candidates and partnered programs across cancer, inflammatory and infectious diseases, with significant emphasis on treatments targeting blood cancers such as leukemia. Its main products and services encompass antibody-based therapeutics for oncology; proprietary technology platforms for antibody discovery and development; and collaborations with pharmaceutical and biotechnology companies for drug licensing and co-development. In the latest major corporate developments, MorphoSys was acquired by Novartis AG in 2024 for approximately €2.7 billion, integrating its oncology pipeline and antibody expertise into Novartis's broader pharmaceutical operations. Alongside this acquisition, MorphoSys entered into a strategic funding partnership with Royalty Pharma plc for over $2 billion to support expansion and accelerate the development, approval, and commercialization of breakthrough cancer therapies. Prior to this, the company completed the acquisition of Constellation Pharmaceuticals to broaden its therapeutic capabilities. MorphoSys also recently completed voluntary delisting from Nasdaq and the Frankfurt Stock Exchange as part of its integration with Novartis. These changes underscore a strategic shift toward enhanced in-house drug development and leveraging its proprietary antibody technologies within a larger global pharmaceutical framework. MorphoSys operates predominantly in Europe and the United States, with a focus on clinical development and commercialization of novel biopharmaceuticals for healthcare providers and patients in oncology and autoimmune disease markets. The company maintains a significant research footprint in Germany and the US, targeting cutting-edge biologics for unmet medical needs. It has established numerous partnerships with major pharmaceutical firms such as Bayer, Johnson & Johnson, and Roche to license technology platforms and co-develop drugs. MorphoSys’s business model combines proprietary drug development and extensive collaborative licensing agreements, leveraging its antibody technologies across therapeutic areas. Its proprietary pipeline, technology platforms, and partnerships position it as a key player in the biotechnology sector, focused on improving treatments for cancer and inflammatory diseases with novel biologics. Overall, MorphoSys AG stands as an established innovator in antibody drug discovery and development, headquartered in Planegg, Germany, with global operations concentrated in the biopharmaceutical markets of oncology and inflammation, currently operating as a wholly-owned subsidiary of Novartis AG after a strategic acquisition in 2024.