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AAPGAscentage Pharma Group International
$15.90$1.5B
Overview & Tools
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Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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AAPG logo

Ascentage Pharma Group International

AAPG
NASDAQ · Biotechnology
$15.90
At close - Oct 1, 4:00 PM EDT - USD
Market Cap$1.48B
P/E-7.9x
52W High$40.47
Volume4.31K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

High R&D Burn Amid Rising Leverage and Cash Erosion

Ascentage Pharma's investment thesis is centered on its potential to translate an extensive, R&D-intensive pipeline into commercially viable therapies, as evidenced by high gross margins near 90%. However, this potential is currently overshadowed by a severe s...

GrowthMixed
ProfitabilityWeak
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

AAPG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

1/12 Beats

EPS beat 1 of last 12 quarters

02

Valuation risk

-136% Peers

P/E is 136% below peer median

03

Market leadership

RS 14 · Lag

Laggard (Underperforming 86% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 20
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue is highly volatile, contracting 43.05% on a TTM basis after a milestone-driven surge, while robust gross margins of 83.9% are entirely consumed by R&D expenses that are 2.27x larger than revenue.

Analyst Consensus+153.3% target
Buy(1 analysts)
1 Buy0 Hold0 Sell

The Bull Case

Upside Catalysts

Strong price target upside

AAPG's current price target is $46.43, with a 12-month projection of $47.88, representing a significant upside potential of +121.1%.

Analyst optimism

Top analysts are forecasting bullish outcomes for AAPG, with some setting a price target as high as $47.88, indicating strong confidence in the stock's growth.

Revenue and earnings growth

AAPG is expected to show robust earnings and revenue growth rates, with forecasts comparing favorably to industry peers.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
AAPG-39.70%
S&P 500 (^GSPC)+11.83%
1-Year Return
AAPG-59.83%
S&P 500 (^GSPC)+14.29%
3-Year Return
AAPG-8.52%
S&P 500 (^GSPC)+75.16%
5-Year Return
AAPG-8.52%
S&P 500 (^GSPC)+72.03%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-7.8x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-7.8x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$5.63-64.6%
Base (Fair)$9.65-35.0%
Bull$10.82-31.9%
$5.63 Bear$9.65 Base$10.82 Bull
Current Market Price: $15.90
Trades at a 64.8% premium to Base DCF ($9.65)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$558M-43.1% YoY
Net income
-$1.21B-198.2% YoY
Free cash flow
-$1.2B-785.9% YoY
Operating margin
-211.1%-173.4 pts YoY
ROIC (TTM)-114.1%
Avg ROIC 5Y-
ROE (TTM)-150.2%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate1/12 (25%)
Revenue Beat Rate2/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 20, 2026
-$1.28-7840.4%
vs $0.02
$44M+83.1%
vs $24M
Q3 2026
Aug 18, 2026
-$1.30-491.0%
vs -$0.22
$45M-16.4%
vs $54M
Q2 2026
Mar 24, 2026
-$0.65+21.7%
vs -$0.83
$49M+11.5%
vs $44M
Q3 2025
Aug 20, 2025
-$0.96
vs —
$33M
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·Sep 21, 2026
Ascentage Pharma Group International – Unsponsored ADR (NASDAQ:AAPG) Receives Average Recommendation of “Buy” from Brokerages

Shares of Ascentage Pharma Group International - Unsponsored ADR (NASDAQ: AAPG - Get Free Report) have been assigned a consensus rating of "Buy" from the ten brokerages that are presently covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the

Defense World·Sep 17, 2026
Ascentage Pharma Group International (NASDAQ:AAPG) Sets New 12-Month Low – Time to Sell?

Ascentage Pharma Group International - Unsponsored ADR (NASDAQ: AAPG - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Thursday. The company traded as low as $15.40 and last traded at $15.1410, with a volume of 3803 shares trading hands. The stock had previously closed at $16.00. Wall Street Analyst

GlobeNewsWire·Sep 2, 2026
Ascentage Pharma to Participate in Four Upcoming Investor Conferences

ROCKVILLE, Md., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855) (“Ascentage Pharma” or the “Company”), a global, commercial-stage, integrated biopharmaceutical company engaged in the discovery, development and commercialization of novel, differentiated therapies to address unmet medical needs in cancer, announced today that the Company's management will participate in four upcoming investor conferences in New York, New York.

Seeking Alpha·Aug 20, 2026
Ascentage Pharma Group International (AAPG) Q2 2026 Earnings Call Transcript

Ascentage Pharma Group International (AAPG) Q2 2026 Earnings Call Transcript

Filtered for Ascentage Pharma Group InternationalMore Headlines
04

Compare before deciding

Benchmark AAPG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Ascentage Pharma Group International (AAPG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
AAPG logoAAPGAscentage Pharma Group InternationalCurrent
$15.90$1.48B-7.86-43.05%-216.47%-150.25%—
ABBV logoABBVAbbVie Inc.
$260.03$459.42B109.728.57%9.81%——
BCAB logoBCABBioAtla, Inc.
$1.74$2.88M-0.03-81.82%-370.05%——
KYMR logoKYMRKymera Therapeutics, Inc.
$110.12$9.06B-29.84-16.72%-285.41%-21.5%—
ARVN logoARVNArvinas, Inc.
$7.43$479.39M-5.80-0.3%2.94%1.91%—
IMVT logoIMVTImmunovant, Inc.
$33.65$6.95B-12.15—-7585.86%-69.59%—

Compare AAPG vs Peers

Ascentage Pharma Group International (AAPG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ABBV

Most directly comparable listed peer for AAPG.

Scale Benchmark

vs GILD

Larger-name benchmark to compare AAPG against a more recognizable public peer.

Peer Set

Compare Top 5

vs ABBV, BCAB, KYMR, ARVN

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AAPG Frequently Asked Questions

Ascentage Pharma Group International (AAPG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Ascentage Pharma Group International's revenue?

Ascentage Pharma Group International (AAPG) reported $1.02B in revenue for fiscal year 2025. This represents a 13251% increase from $7.7M in 2016.

How fast is Ascentage Pharma Group International growing?

Ascentage Pharma Group International (AAPG) saw revenue decline by 43.1% over the past year.

Is AAPG profitable?

Ascentage Pharma Group International (AAPG) reported a net loss of $2.61B for fiscal year 2025.

Dividend & Returns
What is AAPG's return on equity?

Ascentage Pharma Group International (AAPG) has a return on equity (ROE) of -150.2%. Negative ROE indicates the company is unprofitable.

What is Ascentage Pharma Group International's free cash flow?

Ascentage Pharma Group International (AAPG) had negative free cash flow of $1.62B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in AAPG back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →