Valuation
Is the price right?3/3 inputs reported · High confidence
Weaker than most peers on:
- ▼ Earnings yield
- ▼ EBITDA yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
3/3 inputs reported · High confidence
Weaker than most peers on:
Sector-normalized EBITDA, earnings, and free cash flow yields.
Insufficient data: 0 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
3/3 inputs reported · High confidence
Stronger than most peers on:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
No major changes
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Net income (12 months) | −41.5M USD | −45.5M USD | +9.6% |
| Free cash flow (12 months) | −19.8M USD | −16.6M USD | −16.1% |
| Cash | 184.8M USD | 180.0M USD | −2.6% |
| Shares outstanding | 34.4M | 34.9M | +1.5% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Biotechnology are within their usual range since 2016.
Earnings-based measures are left out for now because many companies in Biotechnology are losing money.
| Key ratios | FY Jun 2022 | FY Jun 2023 | FY Jun 2024 | FY Jun 2025 | FY Jun 2026 | Change |
|---|---|---|---|---|---|---|
| Operating margin | -24457.5% | -25441.3% | — | — | — | — |
| Net margin | -24942.5% | -26082.7% | — | — | — | — |
| Return on assets (ROA) | -304.8% | -438.2% | -41.7% | -38.1% | -24.9% | ▲ 13 pts |
| Return on equity (ROE) | -631.8% | -9684.2% | -46.0% | -39.0% | -25.7% | ▲ 13 pts |
| Free cash flow margin | -21797.3% | -24017.3% | — | — | — | — |
| Current ratio | 1.90× | 0.94× | 10.49× | 54.67× | 34.00× | ▼ 38% |
Price history is added with the daily price update and will appear after the next one.