Anteris Technologies Global Corp. (AVR) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-109.8%

-$0.56

vs $5.78 price

Levered DCF

-$0.50

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

13.88

Safe zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	-1.96×	-1.48×	-4.38×	-6.59×	-11.67×	-16.97×
P/B	-1,980.52×	1.8×	10.43×	22.28×	19.12×	108.44×
P/S	96.28×	41.81×	73.59×	62.88×	34.52×	36.88×
EV / EBITDA	-1.88×	-0.59×	-3.99×	-6.62×	-12.26×	-14.74×
Gross margin	-16.6%	46.8%	32.1%	9.3%	32.7%	61.5%
Operating margin	-4908.2%	-2899.4%	-1760.3%	-972.1%	-289.2%	-243.0%
Net margin	-4921.3%	-2822.5%	-1682.8%	-954.9%	-294.5%	-215.8%
Current ratio	0.73×	4.51×	2.56×	2.02×	1.84×	1.03×
Debt / equity	-24.54×	0.02×	0.09×	0.11×	0.39×	1.57×
Interest coverage	-1,286.22×	-955.76×	-717.55×	-47.96×	-16.3×	-44.11×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	101230.1%	-121.6%	-238.4%	-338.3%	-163.1%	-634.5%
Return on invested capital	-4256.3%	-120.8%	-221.4%	-297.7%	-111.9%	-221.5%
Return on assets	-409.4%	-94.5%	-150.8%	-191.2%	-80.1%	-120.7%
Free cash flow yield	-43.3%	-56.2%	-18.4%	-15.4%	-7.5%	-5.6%
Earnings yield	-51.1%	-67.5%	-22.9%	-15.2%	-8.5%	-5.9%
Enterprise value	$173.9M	$43.9M	$181.9M	$192.9M	$189.9M	$200.8M
Net debt / EBITDA	0.11×	0.93×	0.43×	0.29×	0.73×	0.03×
Cash conversion cycle (days)	-1,689	-1,314	-379	-108	-40	35