Alpha Teknova, Inc. (TKNO) 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

-221.7%

-$8.53

vs $7.01 price

Levered DCF

-$9.64

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

5.91

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
P/E	-11.88×	-14.65×	-3.22×	-3.34×	-58.51×	156.25×	-69.44×
P/B	2.96×	4.74×	1.32×	1.59×	4.01×	1.9×	7.04×
P/S	5.02×	10.34×	3.24×	3.82×	15.55×	3.18×	4.52×
EV / EBITDA	-20.94×	-21.3×	-4.72×	-6.17×	-54.34×	14.33×	-372.61×
Gross margin	33.2%	19.2%	28.1%	42.2%	47.8%	56.7%	42.7%
Operating margin	-41.9%	-69.3%	-96.9%	-119.9%	-32.5%	14.9%	-9.2%
Net margin	-42.6%	-70.9%	-100.3%	-114.6%	-26.6%	11.4%	-6.5%
Current ratio	4.58×	3.82×	5.14×	5.62×	13.07×	4.14×	2.76×
Debt / equity	0.22×	0.37×	0.34×	0.42×	0.08×	0×	0×
Interest coverage	-23.91×	-38.06×	-42.69×	0×	-20.39×	0×	0×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-25.1%	-32.5%	-40.9%	-47.5%	-6.8%	6.8%	-10.1%
Return on invested capital	-17.3%	-23.0%	-29.0%	-33.2%	-5.9%	6.0%	-2.5%
Return on assets	-16.7%	-22.5%	-28.6%	-31.2%	-5.9%	5.7%	-2.2%
Free cash flow yield	-4.8%	-3.5%	-22.5%	-35.1%	-5.0%	-3.0%	-0.5%
Earnings yield	-8.5%	-6.9%	-31.0%	-30.0%	-1.7%	3.6%	-1.4%
Enterprise value	$212.5M	$416.8M	$120.7M	$158.5M	$498M	$96.1M	$86.8M
Net debt / EBITDA	-0.91×	-1.35×	-0.08×	-0×	8.25×	-0.49×	17.59×
Cash conversion cycle (days)	118	113	179	187	117	129	111