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DBV Technologies S.A (DBV) Fair Value & Analysis

Healthcare · FR · Market cap €994M

DT DBV Technologies S.A DBV · PA
Price€2.87
Fair Value€2.57
Upside-10.6%
Quality95/100
Evidence: Low Range €1.92 – €3.21

Fair value as of: Jun 24, 2026

From 4 valuation models · updated 6 days ago

Share price −16.1% over the past month.

Price vs Fair Value (12 months)

€4.35 €1.51 Fair Value €2.57 Jul 2025 Jun 2026

12‑month range €1.51 – €4.35 · fair‑value band €1.92 – €3.21 · the €2.87 price screens above the €2.57 fair value. As of Jun 24, 2026.

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Analysis

DBV Technologies S.A (DBV) currently trades at €2.87, while our model-based Fair Value estimate is €2.57 — implying the stock looks roughly 10.6% overvalued today. We read business quality at 95/100 (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 €5.7M. Revenue grew 12.5% year over year. The balance sheet holds a net cash position of €173M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €5.7M
Revenue growth (YoY) +12.5%
Return on equity -159%
Free cash flow −€127M FY2025
Operating margin -5,311%
EPS (TTM) €-0.7700
More key figures
Net cash €173M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

DBV Technologies S.A., a clinical-stage biopharmaceutical company, engages in the research and development of epicutaneous immunotherapy products in France. Its product pipeline comprising Viaskin Peanut, an immunotherapy product, which has completed Phase 3 clinical trial for the treatment of peanut allergies; and Viaskin Milk which is in Phase 1/2 clinical trial for the treatment of immunoglobulin E (IgE) mediated or cow's milk protein allergy and eosinophilic esophagitis. The company's earlier stage research programs include celiac disease. In addition, the company develops Viaskin technology platform, a platform to potentially treat food allergy. It has a collaboration with Nestlé Health Science to develop MAG1C, a ready-to-use atopy patch test for the diagnosis of non-IgE mediated CMPA in infants and toddlers. DBV Technologies S.A. was incorporated in 2002 and is headquartered in Châtillon, France.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DBV Technologies S.A reported revenue of €5.6M in FY2025 versus €5.7M in FY2021, a compound −0.3%/yr. Reported net income was −€153M in FY2025.

Revenue −0.3%/yr
FY21 €5.7M
FY22 €4.8M
FY23 €15.7M
FY24 €4.2M
FY25 €5.6M
Net income
FY21 −€97.8M
FY22 −€96.3M
FY23 −€72.7M
FY24 −€114M
FY25 −€153M

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Frequently asked questions

Is DBV Technologies S.A (DBV) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €2.57 versus a price of €2.87 — about −11% (overvalued). Model-based estimate, not financial advice.
What is the fair value of DBV?
Our 21-model fair value for DBV Technologies S.A is €2.57 (as of Jun 24, 2026), built from audited fundamentals. The current price is €2.87.
What is the quality score of DBV?
DBV Technologies S.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of DBV Technologies S.A (DBV)?
DBV Technologies S.A reported trailing-twelve-month revenue of about €5.7M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of DBV?
The net profit margin of DBV Technologies S.A is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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.