Nutriband (NTRB)


Market Price (11/6/2026): $5.575 | Market Cap: $67.8 MilSector: Health Care | Industry: Biotechnology

Nutriband (NTRB)


Market Price (11/6/2026): $5.575
Market Cap: $67.8 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Geriatric Care, Targeted Therapies, Show more.

Weak multi-year price returns
2Y Excs Rtn is -45%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -7.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -436%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -37%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.1%, Rev Chg QQuarterly Revenue Change % is -30%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 211%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -225%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -225%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 76%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -15%

Key risks
NTRB key risks include [1] its ability to obtain FDA approval for its lead AVERSA™ Fentanyl patch, Show more.

0 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease, and Precision Medicine. Themes include Geriatric Care, Targeted Therapies, Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -45%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -7.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -436%
3 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -37%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.1%, Rev Chg QQuarterly Revenue Change % is -30%
4 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 211%
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -225%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -225%
6 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 76%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -15%
8 Key risks
NTRB key risks include [1] its ability to obtain FDA approval for its lead AVERSA™ Fentanyl patch, Show more.

NTRB in ETFs

Weight = NTRB's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/5/2026

Nutriband (NTRB) stock has gained about 95% since 7/31/2026 because of the following key factors:

1. Progress with the AVERSA™ Fentanyl Abuse-Deterrent Patch. Nutriband advanced its lead product, AVERSA™ Fentanyl, an abuse-deterrent fentanyl transdermal system, by receiving a United States Patent and Trademark Office (USPTO) Notice of Publication for commercial brand name trademarks on September 8, 2026. This product is projected to be the world's first abuse-deterrent fentanyl patch and has an estimated potential for peak annual US sales ranging from $80 million to $200 million.

2. Capital Infusion from Warrant Exercise. A significant number of Nutriband's public warrants (NASDAQ:NTRBW) with a strike price of $6.43 were set to expire on September 30, 2026. The company confirmed on September 23, 2026, that these warrants would expire without extension or repricing, encouraging holders to exercise them. This event highlighted the potential for approximately $5.86 million in gross proceeds if all 910,904 outstanding public warrants were exercised. By October 13, 2026, 272,671 warrants were exercised, generating gross proceeds of $1,753,274 for the company.

Show more
Updated on 11/5/2026

Nutriband (NTRB) stock has gained about 95% since 7/31/2026 because of the following key factors:

1. Progress with the AVERSA™ Fentanyl Abuse-Deterrent Patch. Nutriband advanced its lead product, AVERSA™ Fentanyl, an abuse-deterrent fentanyl transdermal system, by receiving a United States Patent and Trademark Office (USPTO) Notice of Publication for commercial brand name trademarks on September 8, 2026. This product is projected to be the world's first abuse-deterrent fentanyl patch and has an estimated potential for peak annual US sales ranging from $80 million to $200 million.

2. Capital Infusion from Warrant Exercise. A significant number of Nutriband's public warrants (NASDAQ:NTRBW) with a strike price of $6.43 were set to expire on September 30, 2026. The company confirmed on September 23, 2026, that these warrants would expire without extension or repricing, encouraging holders to exercise them. This event highlighted the potential for approximately $5.86 million in gross proceeds if all 910,904 outstanding public warrants were exercised. By October 13, 2026, 272,671 warrants were exercised, generating gross proceeds of $1,753,274 for the company.

3. Increased Corporate Visibility and Strategic Engagement. Nutriband's CEO and Co-Founder, Gareth Sheridan, enhanced the company's profile through presentations at prominent industry events during the period. These included the 2026 Georgia Life Sciences Summit in August 2026 and the Nasdaq Life Sciences Advisory Board Biotech Summit in September 2026. These appearances provided significant exposure to investors and industry leaders, showcasing the ongoing development of the AVERSA™ technology and its lead product.

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Stock Movement Drivers

Fundamental Drivers

The 95.6% change in NTRB stock from 7/31/2026 to 11/5/2026 was primarily driven by a 118.0% change in the company's P/S Multiple.
(LTM values as of)731202611052026Change
Stock Price ($)2.855.5895.6%
Change Contribution By: 
Total Revenues ($ Mil)22-10.3%
P/S Multiple19.241.9118.0%
Shares Outstanding (Mil)12120.0%
Cumulative Contribution95.6%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/5/2026
ReturnCorrelation
NTRB95.6% 
Market (SPY)-1.9%19.8%
Sector (XLV)13.8%6.3%

Fundamental Drivers

The 44.2% change in NTRB stock from 4/30/2026 to 11/5/2026 was primarily driven by a 81.5% change in the company's P/S Multiple.
(LTM values as of)430202611052026Change
Stock Price ($)3.875.5844.2%
Change Contribution By: 
Total Revenues ($ Mil)22-20.6%
P/S Multiple23.141.981.5%
Shares Outstanding (Mil)12120.0%
Cumulative Contribution44.2%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/5/2026
ReturnCorrelation
NTRB44.2% 
Market (SPY)2.3%19.8%
Sector (XLV)27.2%10.3%

Fundamental Drivers

The -17.2% change in NTRB stock from 10/31/2025 to 11/5/2026 was primarily driven by a -37.3% change in the company's Total Revenues ($ Mil).
(LTM values as of)1031202511052026Change
Stock Price ($)6.735.58-17.2%
Change Contribution By: 
Total Revenues ($ Mil)32-37.3%
P/S Multiple29.341.943.0%
Shares Outstanding (Mil)1112-7.7%
Cumulative Contribution-17.2%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/5/2026
ReturnCorrelation
NTRB-17.2% 
Market (SPY)8.4%18.2%
Sector (XLV)29.8%7.5%

Fundamental Drivers

The 147.8% change in NTRB stock from 10/31/2023 to 11/5/2026 was primarily driven by a 441.6% change in the company's P/S Multiple.
(LTM values as of)1031202311052026Change
Stock Price ($)2.255.58147.8%
Change Contribution By: 
Total Revenues ($ Mil)22-29.0%
P/S Multiple7.741.9441.6%
Shares Outstanding (Mil)812-35.6%
Cumulative Contribution147.8%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/5/2026
ReturnCorrelation
NTRB147.8% 
Market (SPY)81.3%13.1%
Sector (XLV)55.5%12.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
NTRB Return-6%-58%-36%103%-4%23%-39%
Peers Return-11%-36%104%25%32%55%197%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
NTRB Win Rate17%33%50%50%33%36% 
Peers Win Rate42%38%62%50%58%68% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
NTRB Max Drawdown-71%-72%-61%-58%-59%-43% 
Peers Max Drawdown-40%-52%-39%-21%-32%-21% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: VTRS, AMRX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/5/2026 (YTD)

How Low Can It Go

EventNTRBS&P 500
2025 US Tariff Shock
  % Loss-34.3%-18.8%
  % Gain to Breakeven52.1%23.1%
  Time to Breakeven53 days79 days
2024 Yen Carry Trade Unwind
  % Loss-15.6%-7.8%
  % Gain to Breakeven18.5%8.5%
  Time to Breakeven8 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-50.6%-9.5%
  % Gain to Breakeven102.6%10.5%
  Time to Breakeven153 days24 days
2023 SVB Regional Banking Crisis
  % Loss-51.2%-6.7%
  % Gain to Breakeven104.9%7.1%
  Time to Breakeven31 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-70.2%-24.5%
  % Gain to Breakeven235.6%32.4%
  Time to Breakeven763 days427 days
2020 COVID-19 Crash
  % Loss-25.0%-33.7%
  % Gain to Breakeven33.3%50.9%
  Time to Breakeven1918 days140 days

Compare to VTRS, AMRX

In The Past

Nutriband's stock fell -34.3% during the 2025 US Tariff Shock. Such a loss loss requires a 52.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventNTRBS&P 500
2025 US Tariff Shock
  % Loss-34.3%-18.8%
  % Gain to Breakeven52.1%23.1%
  Time to Breakeven53 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-50.6%-9.5%
  % Gain to Breakeven102.6%10.5%
  Time to Breakeven153 days24 days
2023 SVB Regional Banking Crisis
  % Loss-51.2%-6.7%
  % Gain to Breakeven104.9%7.1%
  Time to Breakeven31 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-70.2%-24.5%
  % Gain to Breakeven235.6%32.4%
  Time to Breakeven763 days427 days
2020 COVID-19 Crash
  % Loss-25.0%-33.7%
  % Gain to Breakeven33.3%50.9%
  Time to Breakeven1918 days140 days

Compare to VTRS, AMRX

In The Past

Nutriband's stock fell -34.3% during the 2025 US Tariff Shock. Such a loss loss requires a 52.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Nutriband (NTRB)

Nutriband Inc. (NTRB) is a pharmaceutical company specializing in the development of transdermal drug delivery systems. Based in Orlando, Florida, the company focuses on creating innovative products administered via skin patches, with a particular emphasis on addressing critical needs in pain management and pharmaceutical safety.

The company's lead product in development is an abuse-deterrent fentanyl transdermal system, an extended-release patch designed to help clinicians and patients manage chronic pain more safely and effectively. In addition to its proprietary pipeline, Nutriband has a license agreement for the RAMBAM Closed System Transfer Devices, which are used to ensure the secure and contained transfer of hazardous drugs in clinical settings. These offerings position Nutriband to serve the healthcare market, including patients suffering from chronic pain and healthcare professionals seeking safer drug administration and handling solutions.

AI Analysis | Feedback

Imagine them as the **Insulet** (known for its Omnipod insulin pump) of pain patches, focused on developing innovative transdermal systems for safer drug delivery.

They're a specialized pharmaceutical R&D company, like a focused, early-stage division of **Johnson & Johnson** or **Pfizer**, but solely dedicated to creating advanced, abuse-deterrent drug patches for chronic pain.

AI Analysis | Feedback

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  • Abuse deterrent fentanyl transdermal system: An extended-release transdermal fentanyl product designed for managing chronic pain while deterring abuse.
  • RAMBAM Closed System Transfer Devices: Medical devices for safely transferring substances, developed under a license agreement.
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AI Analysis | Feedback

Nutriband Inc. (NTRB) is a clinical-stage pharmaceutical company focused on developing transdermal drug products and medical devices. Based on the provided background information, the company's lead product, an abuse-deterrent fentanyl transdermal system, is currently in development. The RAMBAM Closed System Transfer Devices, developed under a license agreement with Rambam Med-Tech Ltd., are also in development.

As a development-stage company, Nutriband Inc. does not currently have major commercial customers for the sale of its pharmaceutical products or devices, as these products are not yet commercially available on the market. Pharmaceutical development companies typically focus on research, development, clinical trials, and securing regulatory approvals before initiating commercial sales and establishing a customer base.

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Gareth Sheridan, Founder and Chief Executive Officer

Gareth Sheridan is an award-winning entrepreneur and the founder of Nutriband Inc.. He founded Nutriband Ltd. in Dublin in 2012 and subsequently established Nutriband Inc. in the United States. Sheridan led the company to a Nasdaq listing in 2021. In addition to his role at Nutriband, he is also an independent consultant for several companies and a private investor. He returned to the CEO position in October 2025 after a brief leave.

Gerald Goodman, Chief Financial Officer

Gerald Goodman has served as Nutriband's chief accounting officer since July 31, 2018, and became the Director of Finance/CFO on September 1, 2020.

Serguei Melnik, Founder and President

Serguei Melnik is a founder of Nutriband Inc. and currently serves as its President. He has been involved in general business consulting for companies in the U.S. financial markets. Mr. Melnik temporarily took over as interim CEO from August 10 to October 27, 2025.

Dr. Alan Smith, Chief Operating Officer and President of 4P Therapeutics

Dr. Alan Smith serves as the Chief Operating Officer of Nutriband and President of its subsidiary, 4P Therapeutics. Nutriband acquired 4P Therapeutics in 2018, an acquisition that brought the proprietary AVERSA™ abuse-deterrent transdermal technology to the company.

Dr. Jeff Patrick, Chief Scientific Officer

Dr. Jeff Patrick is the Chief Scientific Officer of Nutriband Inc. He also currently serves as the Director of the Drug Development Institute at the Ohio State University Comprehensive Cancer Center.

AI Analysis | Feedback

The key risks to Nutriband Inc. (NTRB) primarily revolve around the challenging landscape of pharmaceutical development and commercialization.

  1. Regulatory Approval and Commercialization of AVERSA Fentanyl: Nutriband's lead product, AVERSA Fentanyl, an abuse-deterrent transdermal fentanyl system, is currently under development, and its future success is contingent on obtaining regulatory approval from the FDA. The company needs to successfully complete clinical testing, secure patent protection for its abuse-deterrent technology, and obtain the necessary financing to advance through the regulatory process and ultimately market the product in the United States and other countries. Despite ongoing progress, including meetings with the FDA and a targeted NDA submission, there are inherent uncertainties and significant challenges associated with pharmaceutical product development and regulatory approval.

  2. Financial Performance and Funding: Nutriband has consistently incurred substantial net losses, indicating ongoing operational challenges despite some revenue growth. The company experiences increased cash burn from operations due to significant development costs, necessitating a reliance on external funding sources for its product initiatives. While Nutriband demonstrates strong liquidity and a low debt-to-equity ratio, its profitability metrics, such as negative operating and net margins, highlight difficulties in generating returns for shareholders. The need for continuous capital infusion to support product development and the potential implications of financing strategies, such as preferred stock dividends tied to future product approvals, underscore financial stability as a key risk.

  3. Competition and Market Acceptance: Nutriband operates in competitive markets for both its transdermal pharmaceutical products and its licensed Closed System Transfer Devices (CSTDs). The success of AVERSA Fentanyl depends on its ability to gain market acceptance against existing pain management solutions, even with its abuse-deterrent properties. For the RAMBAM Closed System Transfer Devices, the market includes established players, and challenges such as high integration costs and limited compatibility with certain medications could hinder adoption. The general competitive landscape and the ability to effectively market newly developed products are frequently cited risks in the company's forward-looking statements.

AI Analysis | Feedback

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AI Analysis | Feedback

Nutriband Inc. operates in two primary markets with its key products:

Abuse-Deterrent Fentanyl Transdermal System (AVERSA™ Fentanyl)
Nutriband's lead product, AVERSA™ Fentanyl, an abuse-deterrent fentanyl transdermal system, has the potential to reach peak annual U.S. sales of $80 million to $200 million. This product is designed to be the world's first abuse-deterrent opioid patch. The broader global transdermal patches market was valued at approximately USD 7.84 billion in 2024 and is projected to grow to USD 11.50 billion by 2032. Within this, the fentanyl transdermal patch segment held the largest market share, around 44%, in 2024. The global fentanyl market size is expected to be valued at US$2.5 billion in 2026 and reach US$3.5 billion by 2033.

RAMBAM Closed System Transfer Devices (CSTD)
The global market for Closed System Transfer Devices (CSTD) is estimated to be USD 1.62 billion in 2026, with projections indicating growth to USD 2.97 billion by 2031, at a compound annual growth rate (CAGR) of 12.98% from 2026 to 2031. Another estimate placed the global CSTD market at US$1.49 billion in 2025, with a projected growth to US$2.09 billion by 2030 at a CAGR of 7.0%. North America is a significant region within this market, holding a 42.84% share in 2025 and dominating with a 43.5% revenue share in 2024. The North American CSTD market is expected to reach US$2.5 billion by 2029, growing at a CAGR of 14.5% during the forecast period.

AI Analysis | Feedback

Nutriband Inc. (NASDAQ: NTRB) is poised for future revenue growth over the next two to three years, driven by the anticipated commercialization of its lead pharmaceutical products, expansion of its abuse-deterrent technology platform, and continued growth in its contract manufacturing services.

Here are the key drivers of future revenue growth:

  1. Commercialization of AVERSA Fentanyl: Nutriband's lead product, AVERSA Fentanyl, an abuse-deterrent fentanyl transdermal system, is a primary growth driver. The company has made significant progress, targeting a New Drug Application (NDA) submission in 2025. AVERSA Fentanyl is being developed via a 505(b)(2) regulatory pathway, requiring only a single Phase 1 Human Abuse Potential study, which is expected to expedite the approval process. Market analysis projects potential peak annual sales for AVERSA Fentanyl to range between $80 million and $200 million. Nutriband has partnered with Kindeva Drug Delivery for commercial manufacturing scale-up, further positioning it for market entry.
  2. Advancement of AVERSA Buprenorphine and Pipeline Expansion: Beyond AVERSA Fentanyl, Nutriband is advancing AVERSA Buprenorphine, another abuse-deterrent transdermal application, which is projected to achieve peak annual sales of up to $130 million upon approval. The company also plans to expand its AVERSA platform to other high-potential transdermal applications, including methylphenidate, aiming to establish a new safety standard for opioids and other drugs of abuse.
  3. Growth in Kinesiology Tape Contract Manufacturing: The company's Pocono Pharma subsidiary is continually expanding its kinesiology tape contract manufacturing services. This segment has already demonstrated strong performance, with Nutriband reporting significant year-over-year revenue increases from these services. Pocono-manufactured products are increasingly available in major retail chains such as Target, Walmart, Walgreens, and CVS. Additionally, Nutriband has an exclusive supplier agreement with Fit For Life Group, further bolstering this revenue stream.

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Share Repurchases

  • Nutriband Inc. authorized a share repurchase program to buy back up to $1,000,000 of its common stock, announced on September 16, 2024.

Share Issuance

  • In July 2025, Nutriband issued a 25% Preferred Stock dividend to existing shareholders, with one preferred share granted for every four shares of common stock held, convertible to common stock upon FDA approval of AVERSA Fentanyl.
  • Warrants issued during the company's October 1, 2021, IPO, with a strike price of $6.43 and totaling 91,0904, are set to expire on October 1, 2026, representing a potential capital inflow of $5,856,112 if all are exercised.
  • Shareholders approved an amendment on January 24, 2026, to increase the number of authorized preferred shares from 10,000,000 to 20,000,000.

Outbound Investments

  • Nutriband entered an agreement to sell a 90% interest in its subsidiary, Pocono Pharmaceutical, to EarthVision Bio for $5 million in December 2025.
  • The proceeds from the Pocono Pharmaceutical sale are intended to fund the continued development of AVERSA Fentanyl.

Capital Expenditures

  • Capital expenditures for the last 12 months (prior to March 2026) were -$5,324.
  • The company reported $0 in capital expenditures in Q3 2026.

Better Bets vs. Nutriband (NTRB)

Peer Outperformance in Biotechnology

NTRB has outperformed 83% of its 363 Biotechnology peers over 5Y. Biotechnology ranks 9th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Biotechnology constituents that NTRB has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
62%
of 452 industry peers · -6.2% return
3Y
84%
of 398 industry peers · 154.6% return
5Y
83%
of 363 industry peers · 21.6% return
No Biotechnology peer with a comparable growth profile has beaten NTRB by more than 20pp over 5Y.
Median price return by industry across the Health Care sector, ranked by 5Y. Biotechnology is NTRB's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 6 7.6%56.6%93.6% CAH 498% · MCK 396% · COR 181%
Health Care Services 20 33.8%28.8%6.1% HIMS 189% · RDNT 125% · DGX 100%
Health Care Facilities 25 13.9%27.4%-1.4% THC 280% · NHC 210% · EHC 186%
Managed Health Care 8 47.9%1.6%-2.2% OSCR 95% · HQY 52% · ELV 10%
Health Care Equipment 50 11.0%17.8%-17.6% UFPT 355% · GKOS 286% · PLSE 127%
Pharmaceuticals 61 -12.9%10.6%-37.3% LQDA 977% · XERS 571% · KNSA 500%
Health Care Supplies 11 23.9%17.0%-40.1% LNTH 248% · HAE 66% · MMSI 29%
Life Sciences Tools & Services 108 -8.1%-18.9%-74.5% AXGN 255% · NTRA 214% · MEDP 181%
Biotechnology ← 364 -25.8%-36.1%-82.0% ELVN 1073% · TRVI 995% · DNTH 956%
Health Care Technology 21 -21.4%-50.4%-82.8% VEEV -3% · DOCS -51%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Can Nutriband Stock Recover If Markets Fall?10/17/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

NTRBVTRSAMRXMedian
NameNutribandViatris Amneal P. 
Mkt Price5.5818.8719.4018.87
Mkt Cap0.121.76.26.2
Rev LTM214,7273,1183,118
Op Inc LTM-7152479152
FCF LTM-41,978-12-4
FCF 3Y Avg-41,823142142
CFO LTM-42,485201201
CFO 3Y Avg-42,286268268

Growth & Margins

NTRBVTRSAMRXMedian
NameNutribandViatris Amneal P. 
Rev Chg LTM-37.3%4.3%9.3%4.3%
Rev Chg 3Y Avg-5.1%-1.5%10.5%-1.5%
Rev Chg Q-29.7%-0.3%9.9%-0.3%
QoQ Delta Rev Chg LTM-10.3%-0.1%2.4%-0.1%
Op Inc Chg LTM-3.5%-59.4%26.2%-3.5%
Op Inc Chg 3Y Avg-19.8%-38.9%28.2%-19.8%
Op Mgn LTM-435.6%1.0%15.4%1.0%
Op Mgn 3Y Avg-350.2%3.7%13.5%3.7%
QoQ Delta Op Mgn LTM17.0%0.1%0.8%0.8%
CFO/Rev LTM-224.5%16.9%6.4%6.4%
CFO/Rev 3Y Avg-215.1%15.6%9.5%9.5%
FCF/Rev LTM-224.5%13.4%-0.4%-0.4%
FCF/Rev 3Y Avg-217.5%12.4%5.2%5.2%

Valuation

NTRBVTRSAMRXMedian
NameNutribandViatris Amneal P. 
Mkt Cap0.121.76.26.2
P/S41.91.52.02.0
P/Op Inc-9.6143.112.912.9
P/EBIT-9.8-404.414.4-9.8
P/E-9.7-35.739.4-9.7
P/CFO-18.78.730.88.7
Total Yield-10.3%-0.2%2.5%-0.2%
Dividend Yield0.0%2.5%0.0%0.0%
FCF Yield 3Y Avg-7.4%12.4%5.0%5.0%
D/E0.00.60.50.5
Net D/E-0.00.50.40.4

Returns

NTRBVTRSAMRXMedian
NameNutribandViatris Amneal P. 
1M Rtn-16.5%7.6%-4.4%-4.4%
3M Rtn91.3%16.7%7.4%16.7%
6M Rtn47.1%10.1%41.4%41.4%
12M Rtn-6.2%81.8%66.0%66.0%
3Y Rtn154.6%132.4%360.8%154.6%
1M Excs Rtn-16.0%9.3%0.2%0.2%
3M Excs Rtn80.2%16.6%7.8%16.6%
6M Excs Rtn42.3%5.4%36.6%36.6%
12M Excs Rtn-17.1%72.8%57.4%57.4%
3Y Excs Rtn64.4%57.6%318.2%64.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Pocono Pharmaceuticals22221
4P Therapeutics00000
Total22221


Assets by Segment
$ Mil20262025202420232022
Corporate44025
Pocono Pharmaceuticals21556
4P Therapeutics12222
Total878913


Price Behavior

Price Behavior
Market Price$5.58 
Market Cap ($ Bil)0.1 
First Trading Date03/16/2018 
Distance from 52W High-38.0% 
   50 Days200 Days
DMA Price$6.46$4.40
DMA Trendupup
Distance from DMA-13.7%26.7%
 3M1YR
Volatility119.2%79.5%
Downside Capture-49.19148.66
Upside Capture367.61132.65
Correlation (S&P 500)15.8%15.7%
NTRB Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta2.642.541.761.291.030.82
Up Beta5.456.022.751.860.520.23
Down Beta2.973.122.221.580.800.52
Up Capture103%376%397%174%123%304%
Bmk +ve Days12182862130427
Stock +ve Days8213558119359
Down Capture321%8%-160%43%127%107%
Bmk -ve Days10253664121325
Stock -ve Days14222962126372

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NTRB
NTRB-3.6%79.5%0.28-
Sector ETF (XLV)29.2%16.9%1.337.7%
Equity (SPY)9.5%13.6%0.4117.8%
Gold (GLD)3.6%28.7%0.115.1%
Commodities (DBC)37.7%21.2%1.40-6.4%
Real Estate (VNQ)12.0%14.2%0.557.6%
Bitcoin (BTCUSD)-20.8%43.3%-0.4216.2%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NTRB
NTRB7.4%125.2%0.54-
Sector ETF (XLV)8.6%15.4%0.3611.8%
Equity (SPY)11.3%17.3%0.4811.8%
Gold (GLD)17.5%19.1%0.743.2%
Commodities (DBC)8.0%19.6%0.290.2%
Real Estate (VNQ)1.2%18.9%-0.057.6%
Bitcoin (BTCUSD)5.9%51.5%0.297.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NTRB
NTRB36.7%213.8%0.80-
Sector ETF (XLV)12.2%16.8%0.607.9%
Equity (SPY)14.9%18.0%0.708.7%
Gold (GLD)12.0%16.5%0.592.4%
Commodities (DBC)7.6%18.1%0.33-0.3%
Real Estate (VNQ)5.7%20.7%0.235.8%
Bitcoin (BTCUSD)61.3%66.2%1.011.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.2 Mil
Short Interest: % Change Since 93020262.8%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest3.6 days
Basic Shares Quantity12.2 Mil
Short % of Basic Shares1.3%

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