Repligen Corporation (RGEN) 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

-83.4%

$28.88

vs $174.11 price

Levered DCF

$27.48

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

9.05

Safe 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	188.34×	-312.91×	280.94×	50.54×	113.67×	168.1×	210.23×	138.79×
P/B	4.38×	4.08×	5.1×	4.91×	8.33×	6.59×	4.22×	3.75×
P/S	12.48×	12.69×	15.84×	11.71×	21.73×	27.5×	16.55×	11.9×
EV / EBITDA	51.17×	99.44×	68.67×	33.5×	70.51×	97.84×	74.7×	53.1×
Gross margin	47.1%	43.3%	44.0%	56.9%	58.3%	53.1%	51.1%	55.7%
Operating margin	8.1%	-5.5%	7.5%	28.0%	24.9%	22.2%	14.8%	13.4%
Net margin	6.6%	-4.0%	5.6%	23.2%	19.1%	16.4%	7.9%	8.6%
Current ratio	8.37×	8.41×	6.74×	2.47×	2.48×	2.83×	13.28×	2.12×
Debt / equity	0.33×	0.35×	0.36×	0.22×	0.21×	0.18×	0.25×	0.17×
Interest coverage	2.57×	-1.56×	4.76×	75.47×	13.15×	6.7×	4.31×	3.87×
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	2.3%	-1.3%	1.8%	9.7%	7.3%	3.9%	2.0%	2.7%
Return on invested capital	1.6%	-1.2%	1.1%	7.9%	6.2%	4.4%	2.4%	2.7%
Return on assets	1.7%	-0.9%	1.3%	7.3%	5.4%	3.1%	1.5%	11.9%
Free cash flow yield	1.0%	1.8%	0.7%	0.4%	0.4%	0.4%	1.0%	0.8%
Earnings yield	0.5%	-0.3%	0.4%	2.0%	0.9%	0.6%	0.5%	0.7%
Enterprise value	$9.3B	$8B	$10B	$9.3B	$14.3B	$9.6B	$4.2B	$2.2B
Net debt / EBITDA	0.68×	-0.89×	-0.27×	-0.36×	-1.17×	-4.49×	-4.71×	-2.16×
Cash conversion cycle (days)	210	190	260	275	258	237	179	202