Curis, Inc. (CRIS) 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

-1429.1%

-$8.79

vs $0.66 price

Levered DCF

-$7.24

After debt service

Piotroski score

0 / 9

Weak

Altman Z-score

-98.45

Distress zone

Rating

C-

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	-1.7×	-0.44×	-1.42×	-0.91×	-9.6×	-13.33×	-1.76×	-0.7×
P/B	2.38×	-3.22×	3.43×	1.1×	4.81×	3.05×	-1.66×	-5.08×
P/S	1.38×	1.77×	6.73×	5.05×	40.93×	36.79×	5.64×	2.19×
EV / EBITDA	-1.83×	-0.05×	-0.97×	-0.69×	-9.82×	-11.21×	-1.51×	-1.22×
Gross margin	99.5%	99.1%	97.9%	97.5%	95.0%	95.1%	95.0%	94.6%
Operating margin	-348.4%	-408.3%	-482.2%	-521.7%	-395.0%	-229.8%	-243.5%	-281.3%
Net margin	-80.3%	-397.8%	-473.0%	-557.7%	-426.7%	-276.0%	-321.3%	-312.4%
Current ratio	0.49×	1.39×	2.77×	9.2×	9.11×	17.14×	3.82×	4.25×
Debt / equity	0.3×	-0.49×	0.14×	0.08×	0.06×	0.06×	-0×	-7.89×
Interest coverage	-15.06×	-72.43×	-23.94×	-11.11×	-9.41×	-4.89×	-5.03×	-7.47×
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	-138.8%	723.4%	-241.0%	-121.7%	-50.1%	-22.9%	94.8%	724.5%
Return on invested capital	-464.7%	-188.9%	-85.4%	-53.0%	-28.1%	-12.7%	-84.8%	-77.5%
Return on assets	-38.0%	-105.1%	-61.4%	-52.1%	-28.0%	-14.6%	-91.6%	-87.2%
Free cash flow yield	-209.4%	-205.0%	-56.9%	-106.6%	-8.6%	-6.6%	-46.5%	-131.9%
Earnings yield	-58.4%	-224.8%	-70.3%	-110.3%	-10.4%	-7.5%	-57.0%	-142.6%
Enterprise value	$9.5M	$2.3M	$43.6M	$35.6M	$400.9M	$276.7M	$41.1M	$34.7M
Net debt / EBITDA	0.66×	0.4×	0.53×	0.3×	0.86×	4.94×	0.56×	-0.42×
Cash conversion cycle (days)	-45,520	-11,151	-5,359	-4,428	-4,284	-2,745	-3,122	-2,322