(MRVI) Maravai Lifesciences - NASDAQ
Sector: Healthcare | Industry: Biotechnology | Exchange: NASDAQ (USA) | Market Cap: 2.125m USD | Total Return: 161.3% in 12m
Avg Turnover: 13.9M
Qual. Beats: 2
Rev. Trend: -90.7%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality
Maravai LifeSciences Holdings (MRVI) is a U.S.-based life sciences company that supplies critical inputs and analytical tools used by biopharmaceutical developers, diagnostics manufacturers, and academic research institutions. It operates two segments: TRILINK, which manufactures nucleic acid products (DNA, RNA, mRNA, and oligonucleotides) along with CleanCap capping technology and custom enzymes, and CYGNUS, which provides antibody-based analytical products and ELISA kits for detecting impurities in biologic manufacturing. Founded in 2014 and headquartered in San Diego, California, the company went public in November 2020 and operates globally across North America, Europe, the Middle East, Africa, Asia Pacific, and Latin and Central America. As a constituent of the Health Care sectors Life Sciences Tools & Services sub-industry, Maravai sits within the pick-and-shovel supplier ecosystem, providing enabling technologies and consumables rather than developing its own therapeutics.
- CleanCap mRNA demand drops as COVID vaccine orders fade
- Biotech funding crunch pressures TRILINK nucleic acid sales
- CYGNUS bioprocess analytics offsets TRILINK volume decline
| Net Income: -104.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.07 > 0.02 and ΔFCF/TA -4.80 > 1.0 |
| NWC/Revenue: 102.1% < 20% (prev 129.5%; Δ -27.33% < -1%) |
| CFO/TA -0.06 > 3% & CFO -39.5m > Net Income -104.6m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 5.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (146.4m) vs 12m ago 2.09% < -2% |
| Gross Margin: 29.00% > 18% (prev 37.29%; Δ -8.29% > 0.5%) |
| Asset Turnover: 24.48% > 50% (prev 25.20%; Δ -0.72% > 0%) |
| Interest Coverage Ratio: -6.27 > 6 (EBIT TTM -162.8m / Interest Expense TTM 26.0m) |
| A: 0.29 (Total Current Assets 251.7m - Total Current Liabilities 42.6m) / Total Assets 713.2m |
| B: 0.01 (Retained Earnings 6.38m / Total Assets 713.2m) |
| C: -0.19 (EBIT TTM -162.8m / Avg Total Assets 836.5m) |
| D: 0.61 (Book Value of Equity 211.6m / Total Liabilities 344.1m) |
| Altman-Z'' = 1.29 = BB |
| DSRI: 1.39 (Receivables 33.4m/28.5m, Revenue 204.7m/241.9m) |
| GMI: 1.29 (GM 37.29% / 29.00%) |
| AQI: 1.01 (AQ_t 0.44 / AQ_t-1 0.43) |
| SGI: 0.85 (Revenue 204.7m / 241.9m) |
| TATA: -0.09 (NI -104.6m - CFO -39.5m) / TA 713.2m) |
| Beneish M = -2.56 (Cap -4..+1) = A |
As of June 29, 2026, the stock is trading at USD 6.22 with a total of 6,261,342 shares traded. Over the past week, the price has changed by +19.62%, over one month by +42.01%, over three months by +101.29% and over the past year by +161.34%.
Current recommended Stop Loss: 5.80 (which is 6.8% or 1.5 ATR below the current price).
Maravai Lifesciences has received a consensus analysts rating of 3.85. Therefore, it is recommended to buy MRVI.
- StrongBuy: 5
- Buy: 1
- Hold: 7
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 5.7 | -8.4% |
P/E Forward = 370.3704
P/S = 10.3781
P/B = 4.016
Revenue TTM = 204.7m USD
EBIT TTM = -162.8m USD
EBITDA TTM = -103.9m USD
Long Term Debt = 235.6m USD (from longTermDebt, last quarter)
Short Term Debt = 5.44m USD (from shortTermDebt, last quarter)
Debt = 300.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 29.9m
Net Debt = 134.8m USD (calculated: Debt 300.7m - CCE 165.9m)
Enterprise Value = 2.26b USD (2.12b + Debt 300.7m - CCE 165.9m)
Interest Coverage Ratio = -6.27 (Ebit TTM -162.8m / Interest Expense TTM 26.0m)
EV/FCF = -43.56x (Enterprise Value 2.26b / FCF TTM -51.9m)
FCF Yield = -2.30% (FCF TTM -51.9m / Enterprise Value 2.26b)
FCF Margin = -25.34% (FCF TTM -51.9m / Revenue TTM 204.7m)
Net Margin = -51.07% (Net Income TTM -104.6m / Revenue TTM 204.7m)
Gross Margin = 29.00% ((Revenue TTM 204.7m - Cost of Revenue TTM 145.4m) / Revenue TTM)
Gross Margin QoQ = 51.19% (prev 24.55%)
Tobins Q-Ratio = 3.17 (Enterprise Value 2.26b / Total Assets 713.2m)
Interest Expense / Debt = 8.63% (Interest Expense 26.0m / Debt 300.7m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -128.6m (EBIT -162.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 5.91 (Total Current Assets 251.7m / Total Current Liabilities 42.6m)
Debt / Equity = 1.42 (Debt 300.7m / totalStockholderEquity, last quarter 211.6m)
Debt / EBITDA = -1.30 (negative EBITDA) (Net Debt 134.8m / EBITDA -103.9m)
Debt / FCF = -2.60 (negative FCF - burning cash) (Net Debt 134.8m / FCF TTM -51.9m)
Total Stockholder Equity = 233.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -12.50% (Net Income -104.6m / Total Assets 713.2m)
RoE = -44.72% (Net Income TTM -104.6m / Total Stockholder Equity 233.8m)
RoCE = -34.69% (EBIT -162.8m / Capital Employed (Equity 233.8m + L.T.Debt 235.6m))
RoIC = -19.32% (negative operating profit) (NOPAT -128.6m / Invested Capital 665.8m)
WACC = 11.24% (E(2.12b)/V(2.43b) * Re(11.86%) + D(300.7m)/V(2.43b) * Rd(8.63%) * (1-Tc(0.21)))
Discount Rate = 11.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 4.67%
[DCF] Fair Price = unknown (Cash Flow -51.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.09 | # QB: 2
Revenue Correlation: -90.73 | Revenue CAGR: -27.12% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.04 | Chg30d=+5.17% | Revisions=-20% | Analysts=8
EPS next Quarter (2026-09-30): EPS=-0.05 | Chg30d=+5.68% | Revisions=+20% | Analysts=7
EPS current Year (2026-12-31): EPS=-0.11 | Chg30d=+38.00% | Revisions=+33% | GrowthEPS=+60.4% | GrowthRev=+13.3%
EPS next Year (2027-12-31): EPS=-0.09 | Chg30d=+38.74% | Revisions=+33% | GrowthEPS=+19.0% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: +33%