Cellectis S.A. (CLLS) 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

-735.5%

-$6.58

vs $1.04 price

Levered DCF

-$10.05

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-1.8

Distress zone

Rating

D+

Overall 1 / 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	FY2018
P/E	-7.12×	-4.39×	-1.74×	-0.9×	-3.02×	-15.82×	-8×	-8.63×
P/B	6.39×	1.24×	2.07×	0.81×	1.56×	4.05×	2.31×	1.66×
P/S	6.65×	3.93×	232.58×	4.99×	11.36×	22.53×	47.83×	53.32×
EV / EBITDA	-13.59×	-11.76×	-1.34×	-1.07×	-3.31×	-23.43×	-3.91×	-2.43×
Gross margin	86.6%	77.9%	-882.6%	55.7%	93.9%	96.2%	25.0%	78.5%
Operating margin	-45.3%	-143.5%	-12887.7%	-467.7%	-341.0%	-82.9%	-813.4%	-825.5%
Net margin	-92.7%	-88.6%	-13385.3%	-553.6%	-376.3%	-158.8%	-672.1%	-618.1%
Current ratio	1.62×	1.73×	1.5×	2.28×	4.57×	6.06×	6.25×	10.4×
Debt / equity	1.58×	0.7×	1×	0.64×	0.46×	0.38×	0.15×	0×
Interest coverage	-4.08×	-7.99×	-18.33×	-23.68×	-24.81×	-11.58×	-41.75×	-145.35×
Dividend yield	0.0%	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%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-89.1%	-28.1%	-119.3%	-90.0%	-51.6%	-28.6%	-32.4%	-19.2%
Return on invested capital	-16.7%	-25.8%	-50.5%	-42.5%	-30.1%	-10.0%	-30.4%	-23.1%
Return on assets	-20.8%	-9.6%	-30.2%	-40.6%	-29.9%	-17.3%	-21.8%	-15.7%
Free cash flow yield	-8.8%	12.0%	-14.7%	-94.0%	-35.7%	-10.8%	-11.3%	-10.8%
Earnings yield	-13.9%	-22.6%	-57.6%	-111.0%	-33.1%	-7.0%	-14.1%	-11.6%
Enterprise value	$541.7M	$111.2M	$123.9M	$81.6M	$259.9M	$1B	$413.3M	$228.3M
Net debt / EBITDA	-1.41×	5.47×	0.56×	0.18×	1.08×	3.1×	2.96×	4.8×
Cash conversion cycle (days)	-517	-539	10,244	-588	-4,330	-4,166	-477	-1,447