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SELLAS Life Sciences Group, Inc.

SLS

$11.99 ▲ +0.31 (+2.65%) at close

17 Visible periods

29 Metrics

Peer-ranked Benchmarks

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Health

Poor

Bearish

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Analytical Summary

SELLAS Life Sciences Group, Inc. faces fundamental challenges with weakness in Return on Common Equity (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $1.3B

Dividend Yield —

Revenue Growth None

Op. Margin None

ROIC -39.9% ↗

FCF / Share $-0.26 ↗

Trailing P/E —

Price / Book 25.9x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

17-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$0.00

↓ -100.0% —

Net Income Profit after all expenses

$-26.86M

↑ +13.0% —

FCF / Share Free cash flow per share

$-0.26

↑ +55.0% —

Long-Term Debt Long-term obligations

$0.00

↓ -100.0% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Returns ↑

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue Growth YoY (%)	—	—	N/M	-86.8% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1186%)	300.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3650%)	—	—	—	—	—	—	274.7% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+3334%)	—	—	—	—	—
EPS Growth YoY (%)	50.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	62.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	37.1% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-59.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	36.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	13.0% Fair ↑ Fair Improving Year-over-year change in net income	17.3% Good ↑ Good Improving Year-over-year change in net income	9.6% Fair ↑ Fair Improving Year-over-year change in net income	-99.5% Weak ↓ Weak Declining Year-over-year change in net income	-23.5% Weak ↓ Weak Declining Year-over-year change in net income	13.1% Fair ↑ Fair Improving Year-over-year change in net income	30.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-16.5% Weak ↓ Weak Declining Year-over-year change in net income	-34.3% Weak ↓ Weak Declining Year-over-year change in net income	72.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-74.6% Weak ↑ Weak Improving Year-over-year change in net income	52.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-119.3% Weak ↓ Weak Declining Year-over-year change in net income	-204.5% Weak Weak Year-over-year change in net income	4.2% Caution Caution Year-over-year change in net income	—	—
FCF Growth YoY (%)	55.0% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	48.8% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	7.9% Fair ↑ Fair Improving Year-over-year change in free cash flow	27.0% Excellent Excellent Year-over-year change in free cash flow	-28.7% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Operating Margin (%) (%)	—	—	—	—	-332.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2319%)	—	—	—	—	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	0.0% Excellent → Excellent Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	1.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.1% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—
Profit Margin (%) (%)	—	—	—	—	-272.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2370%)	—	—	—	—	—	—	-392.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3373%)	—	—	—	—	—
FCF Margin (%) (%)	—	—	—	—	-342.4% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—	—	-460.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	—
FCF / Net Income (x)	1.06x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.15x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.84x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	0.58x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.26x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.62x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.91x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.10x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.46x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.67x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.76x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.17x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.39x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.28x Good Good Free cash flow relative to reported net income Optimal: > 1x	0.86x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Return on Invested Capital (%)	-39.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-332.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	474.8% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-864.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-122.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-60.7% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-327.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	—	-178.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	320.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-200.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-91.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-168.3% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-60.3% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	—
Return on Capital (%) (%)	-36.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-162.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-608.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-200.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-96.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-36.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-120.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-163.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-68.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-249.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-41.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-64.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-38.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	-38.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—
Return on Common Equity (%) (%)	-37.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-353%)	—	—	—	-101.7% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-778%)	-59.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-500%)	—	—	—	—	—	-98.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-759%)	—	-126.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-940%)	-113.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-857%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Debt to Equity (x)	—	—	—	—	—	—	—	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	5.31x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+785%)	—	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.22x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-63%)	1.70x Weak Weak Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+183%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—
Interest Coverage (x)	—	—	—	—	—	—	—	—	-49.87x Weak Weak Operating income divided by interest expense Optimal: > 5x	-13.71x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—
Net Debt (USD)	$-71.79M	$-13.89M	$-2.53M	$-17.12M	$-21.36M	$-35.30M	$-7.28M	$-5.34M	$8.67M	$-5.96M	$-29.73M	$-15.49M	$-37.79M	$-32.81M	$-11.43M	$-6.89M	$-5.68M
Debt / EBITDA (x)	—	—	—	—	—	—	—	—	-0.48x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	0.00x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.16x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.30x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Revenue per Share (USD)	—	—	$0.00	$0.05	$0.49	$0.24	—	—	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-0.25	$-0.50	$-1.34	$-2.13	$-1.34	$-2.11	—	—	—	—	—	—	—	—	—	—	—
Free Cash Flow per Share (USD)	$-0.26	$-0.58	$-1.13	$-1.23	$-1.68	$-1.31	—	—	—	—	—	—	—	—	—	—	—
Book Value per Share (USD)	$0.46	$0.13	$-0.25	$0.23	$1.28	$1.96	$1.20	$11.91	$17.95	$-196.97	$139.10	$477.06	$89.65	$557.88	$357.54	$220.44	—
Tangible Book Value per Share (USD)	$0.45	$0.10	$-0.31	$0.14	$1.16	$1.83	$0.82	$7.56	$1.35	$-196.97	$78.39	$398.93	$-0.18	$439.33	$149.00	$220.44	—
Basic Weighted Avg Shares (shares)	109.05M	61.20M	27.78M	19.40M	15.48M	7.98M	—	—	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Working Capital (USD)	$68.19M	$6.82M	$-10.56M	$2.24M	$18.06M	$24.59M	$2.95M	$-136.00K	$-11.48M	$621.00K	$-3.45M	$1.79M	$-8.99M	$20.20M	$608.00K	$2.02M	—
LT Debt (USD)	—	—	—	—	—	—	—	$0.00	$10.99M	—	$0.00	$8.16M	$10.00M	$0.00	—	—	—
Total Equity (USD)	$70.87M	$9.46M	$-7.98M	$4.85M	$20.35M	$27.96M	$6.09M	$5.25M	$2.07M	$-5.00M	$13.51M	$37.06M	$5.89M	$27.76M	$10.11M	$2.43M	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗
Sales/Revenue/Turnover (USD)	—	—	$0.00	$1.00M	$7.60M	$1.90M	$0.00	—	—	—	—	$9.32M	$2.49M	$0.00	—	—	—
Depreciation Expense (USD)	—	—	—	—	—	—	—	—	—	$3.00K	$355.00K	$889.00K	$452.00K	$49.00K	$163.00K	$172.00K	—
Net Income, GAAP (USD)	$-26.86M	$-30.88M	$-37.34M	$-41.30M	$-20.70M	$-16.76M	$-19.29M	$-27.67M	$-23.75M	$-17.68M	$-63.90M	$-36.61M	$-76.68M	$-34.97M	$-11.48M	$-11.99M	—
Operating Cash Flow (USD)	$-28.39M	$-35.40M	$-31.41M	$-23.81M	$-26.02M	$-10.42M	$-17.64M	$-30.42M	$-10.99M	$-11.85M	$-48.16M	$-42.87M	$-28.91M	$-20.96M	$-14.67M	$-10.26M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 17 years · 66 quarters

SELLAS Life Sciences Group, Inc.

Analytical Summary

17-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

Signals

Percentile Rankings

Peer Comparison

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