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EBR Systems, Inc (EBR) Fair Value & Analysis

Healthcare · AU · Market cap A$171M

ES EBR Systems, Inc EBR · AU
PriceA$0.3750
Fair ValueA$0.2600
Upside-30.7%
Quality15/100
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Evidence: Low Range A$0.1900 – A$0.3200

Fair value as of: Jun 24, 2026

From 4 valuation models · updated 8 days ago

Share price +4.4% over the past month.

Price vs Fair Value (12 months)

A$1.25 A$0.3153 Fair Value A$0.2600 Jun 2025 Jul 2026

12‑month range A$0.3153 – A$1.25 · fair‑value band A$0.1900 – A$0.3200 · the A$0.3750 price screens above the A$0.2600 fair value. As of Jun 24, 2026.

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Analysis

EBR Systems, Inc (EBR) currently trades at A$0.3750, while our model-based Fair Value estimate is A$0.2600 — implying the stock looks roughly 30.7% overvalued today. We read business quality at 15/100 (below-average 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$4.0M. Net debt stands at A$52.8M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$4.0M
Return on equity -459%
Free cash flow −A$58.9M FY2025
Operating margin -685%
EPS (TTM) A$-0.2900
Net debt A$52.8M FY2025

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

About the company

EBR Systems, Inc. develops implantable systems for wireless tissue stimulation. It offers WiSE cardiac resynchronization therapy system, an implantable cardiac pacing system able to provide stimulation to endocardial heart tissue for the correction of heart rhythm conditions without requiring the use of leads; and stimulation of the left ventricular endocardium for cardiac resynchronization therapy (SOLVE-CRT), an investigational device exemption. The company was incorporated in 2003 and is headquartered in Sunnyvale, California.

Revenue & earnings trend

FY2020 – FY2025 · reported fiscal years

EBR Systems, Inc reported revenue of A$1.7M in FY2025 versus A$0 in FY2020. Reported net income was −A$50.5M in FY2025.

Revenue
FY20 A$0
FY21 A$0
FY23 A$0
FY24 A$0
FY25 A$1.7M
Net income
FY21 −A$39.8K
FY22 −A$33.1M
FY23 −A$35.0M
FY24 −A$20.2M
FY25 −A$50.5M

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Frequently asked questions

Is EBR Systems, Inc (EBR) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$0.2600 versus a price of A$0.3750 — about −31% (overvalued). Model-based estimate, not financial advice.
What is the fair value of EBR?
Our model-based fair value for EBR Systems, Inc is A$0.2600 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.3750.
What is the quality score of EBR?
EBR Systems, Inc has a Quality Score of 15/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of EBR Systems, Inc (EBR)?
EBR Systems, Inc reported trailing-twelve-month revenue of about A$4.0M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of EBR?
The net profit margin of EBR Systems, Inc 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.