enGene Holdings Inc. (ENGN) 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

-80.9%

$0.28

vs $1.45 price

Levered DCF

$0.36

After debt service

Piotroski score

0 / 9

Weak

Altman Z-score

-1.73

Distress zone

Rating

B-

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	-3.15×	-6.06×	-4.72×	-10.87×	-1,398.6×	-21.05×
P/B	2.2×	1.45×	6.5×	2.48×	2.48×	0×
P/S	0×	0×	0×	0×	0×	0×
EV / EBITDA	-3.08×	-4.75×	-4.21×	-15.28×	-17.6×	0×
Gross margin	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%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	6.3×	16.87×	16.25×	0.57×	4.79×	0×
Debt / equity	0.19×	0.09×	0.13×	0.25×	0.03×	0×
Interest coverage	-41.14×	-22.26×	-5.26×	-13.65×	-3.16×	-3.75×
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	-69.9%	-20.2%	-137.8%	-19.2%	-18.4%	0.0%
Return on invested capital	-61.7%	-20.9%	-31.7%	-14.7%	-12.0%	0.0%
Return on assets	-53.0%	-17.7%	-114.9%	-18.5%	-17.8%	0.0%
Free cash flow yield	-27.3%	-12.5%	-5.3%	-5.6%	-5.1%	-4.2%
Earnings yield	-31.8%	-14.0%	-21.2%	-7.7%	-7.4%	-4.8%
Enterprise value	$350.2M	$247.1M	$399.4M	$348.1M	$319.3M	$0
Net debt / EBITDA	0.16×	2.84×	0.76×	-1.4×	-0.17×	0×
Cash conversion cycle (days)	0	0	0	0	0	0