Biomea Fusion, Inc. (BMEA) 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

+48.4%

$0.98

vs $0.66 price

Levered DCF

$1.04

After debt service

Piotroski score

0 / 9

Weak

Altman Z-score

-18.95

Distress zone

Rating

C+

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	FY2019
P/E	-1.05×	-1.01×	-4.22×	-3.01×	-4.28×	-34×	-154.55×
P/B	2.19×	2.72×	2.93×	2.27×	0.99×	35.22×	-8,668.42×
P/S	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-0.17×	-0.66×	-2.84×	-1.69×	-0.84×	-23.23×	-151.75×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	5.23×	3.15×	7.84×	6.17×	38.08×	38.43×	0.93×
Debt / equity	0.05×	0.17×	0.06×	0.02×	0.02×	0.05×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×
Dividend yield	0.0%	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%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-209.1%	-268.4%	-69.3%	-75.4%	-23.2%	-103.0%	5704.8%
Return on invested capital	-166.2%	-238.7%	-70.3%	-75.5%	-22.9%	-8.7%	5690.5%
Return on assets	-105.5%	-173.2%	-58.6%	-63.3%	-22.4%	-8.5%	-452.1%
Free cash flow yield	-108.7%	-85.8%	-20.2%	-25.7%	-21.7%	-2.5%	-0.7%
Earnings yield	-95.4%	-98.8%	-23.7%	-33.2%	-23.4%	-2.9%	-0.7%
Enterprise value	$10.5M	$90.6M	$328.7M	$137.1M	$34.9M	$120.6M	$181.8M
Net debt / EBITDA	0.9×	0.36×	1.44×	1.35×	3.46×	11.83×	0.2×
Cash conversion cycle (days)	-838	0	0	0	0	-2,010	0