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BCAL Diagnostics Limited (BDX) Fair Value & Analysis

Healthcare · AU · Market cap A$27.3M

BD BCAL Diagnostics Limited BDX · AU
PriceA$0.0810
Fair ValueA$0.0235
Upside-71.0%
Quality92/100
Evidence: Low Range A$0.0235 – A$0.0235

Fair value as of: Jun 26, 2026

From 1 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from A$0.0800 to A$0.0235 (−70.6%) since Jun 24, 2026. Share price −2.5% over the past month.

Price vs Fair Value (12 months)

A$0.1402 A$0.0540 Fair Value A$0.0235 Jun 2025 Jun 2026

12‑month range A$0.0540 – A$0.1402 · the A$0.0810 price screens above the A$0.0235 fair value. As of Jun 26, 2026.

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Analysis

BCAL Diagnostics Limited (BDX) currently trades at A$0.0810, while our model-based Fair Value estimate is A$0.0235 — implying the stock looks roughly 71.0% overvalued today. We read business quality at 92/100 (high quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at A$2.5M. Revenue declined 8.1% year over year. The balance sheet holds a net cash position of A$2.1M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$2.5M
Revenue growth (YoY) -8.1%
Net margin -282%
Return on equity -122%
Free cash flow −A$6.9M FY2024
Operating margin -290%
More key figures
EPS (TTM) A$-0.0200
Net cash A$2.1M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

BCAL Diagnostics Limited, a screening and diagnostic company, engages in developing a novel blood screening test to improve the diagnosis and monitoring of breast cancer. It develops BREASTESTplus, a first-in-class blood test designed to be used alongside standard mammogram in breast cancer screening. The company also develops BREASTEST, BCAL Diagnostics, and BCAL Dx. The company was incorporated in 2010 and is headquartered in Sydney, Australia.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

BCAL Diagnostics Limited reported revenue of A$21.6K in FY2024 versus A$275K in FY2020, a compound −47.0%/yr. Reported net income was −A$7.2M in FY2024.

Revenue −47.0%/yr
FY20 A$275K
FY21 A$719K
FY22 A$2.8M
FY23 A$3.1M
FY24 A$21.6K
Net income
FY20 −A$1.5M
FY21 −A$3.4M
FY22 −A$5.1M
FY23 −A$6.4M
FY24 −A$7.2M

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Similar stocks

6 more Diagnostics & Research stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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Thermo Fisher Scientific Inc TMO $472.80 $190.31 -60%
Danaher Corporation DHR $186.64 $85.95 -54%
WuXi AppTec Co WUXAY $18.59 $25.09 +35%
IDEXX Laboratories, Inc IDXX $545.73 $255.77 -53%
Lonza Group LZAGY $63.74 $25.98 -59%
Agilent Technologies, Inc A $138.37 $65.93 -52%

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Frequently asked questions

Is BCAL Diagnostics Limited (BDX) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.0235 versus a price of A$0.0810 — about −71% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BDX?
Our 21-model fair value for BCAL Diagnostics Limited is A$0.0235 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0810.
What is the quality score of BDX?
BCAL Diagnostics Limited has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of BCAL Diagnostics Limited (BDX)?
BCAL Diagnostics Limited reported trailing-twelve-month revenue of about A$2.5M (latest available figure, as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.