DNTHDianthus Therapeutics, Inc.

$110.57

Is the business good?

How good a business is DNTH?

Dianthus Therapeutics, Inc. earns −60% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−60%

Return on invested capital · cost of capital 9.0% · 69 points below what the capital costs: growth destroys value

Share count, year on year
+56%

Share count, year on year · shareholders own a smaller slice than a year ago

Operating margin by fiscal year
YearOperating margin
FY2021−5060%
FY2022−463%
FY2023−1705%
FY2024−1634%
FY2025−8739%
Details
Free cash flow, trailing twelve months
−$156M
Net income, trailing twelve months
−$192M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−60%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.