Longeveron Inc. (LGVN) 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

-823.6%

-$12.37

vs $1.71 price

Levered DCF

-$26.94

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-16.73

Distress 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	FY2019	FY2018
P/E	-0.39×	-1.62×	-1.33×	-3.58×	-13.41×	-33.53×	-39.63×	-18.62×
P/B	1.57×	1.18×	4.39×	3.29×	6.1×	63.84×	26.7×	17.3×
P/S	7.42×	10.77×	41.69×	55.25×	174.81×	22.2×	21.08×	55.21×
EV / EBITDA	-0.24×	-0.53×	-1.3×	-3.32×	-12.76×	-43.79×	-41.07×	-20.36×
Gross margin	67.0%	78.8%	31.2%	40.7%	45.2%	32.4%	32.4%	31.9%
Operating margin	-1942.2%	-690.7%	-2966.0%	-1476.5%	-1336.6%	-67.1%	-67.1%	-298.0%
Net margin	-1893.6%	-667.8%	-3020.2%	-1541.3%	-1305.1%	-66.1%	-66.1%	-296.8%
Current ratio	1.33×	7.6×	1.5×	4.17×	13.06×	0.48×	0.95×	2.24×
Debt / equity	0.15×	0.07×	0.3×	0.13×	0.08×	2.12×	0.93×	0×
Interest coverage	0×	0×	0×	0×	-4,364×	-577.59×	-22,356.67×	0×
Dividend yield	0.0%	33.6%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	-54.2%	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	-400.1%	-73.0%	-317.7%	-91.9%	-45.5%	-190.1%	-83.7%	-93.0%
Return on invested capital	-341.0%	-70.0%	-239.5%	-78.1%	-43.0%	-62.0%	-44.0%	-73.5%
Return on assets	-221.3%	-62.5%	-177.3%	-68.7%	-39.9%	-40.3%	-35.2%	-60.2%
Free cash flow yield	-212.4%	-57.7%	-65.3%	-22.0%	-4.8%	-2.1%	-2.0%	-4.6%
Earnings yield	-255.3%	-62.0%	-72.4%	-27.9%	-7.5%	-3.0%	-3.1%	-5.4%
Enterprise value	$5.1M	$8M	$26.7M	$59.6M	$205.8M	$128.3M	$121M	$113.8M
Net debt / EBITDA	0.18×	1.18×	0.14×	0.44×	1.4×	-1.14×	-0.77×	0.72×
Cash conversion cycle (days)	-358	-58	-420	-816	-313	-125	-82	-303