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Emyria Limited (EMD) Fair Value & Analysis

Healthcare · AU · Market cap A$32.3M

EL Emyria Limited EMD · AU
PriceA$0.0480
Fair ValueA$0.0255
Upside-46.9%
Quality39/100
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Mixed Growth
Loss-making · -198.5% net margin
negative free cash flow
Trails peers (1/9)
Narrow moat 6/100
Evidence: Low Range A$0.0170 – A$0.0340 Share as image

Fair value as of: Jun 24, 2026

From 1 valuation models · updated 47 days ago

Share price +26.3% over the past month.

Below-average quality, and screening another 47% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (A$0.0340). The favourable scenario is already priced in.
  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (A$0.0170 to A$0.0340) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$0.4950 A$0.0230 Fair Value A$0.0255 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 24, 2026.

How to read this chart

60‑month range A$0.0230 – A$0.4950 · fair‑value band A$0.0170 – A$0.0340 · the A$0.0480 price screens above the A$0.0255 fair value. Dashed = 300-day average. As of Jun 24, 2026.

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Analysis

Emyria Limited (EMD) currently trades at A$0.0480, while our model-based Fair Value estimate is A$0.0255, implying the stock looks roughly 46.9% overvalued today. The Quality Score stands at 39/100 (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$2.3M. Revenue grew 136.2% year over year. It earns a return on equity of -58.7%. The balance sheet holds a net cash position of A$3.0M. Fundamentals as of Jun 24, 2026

Our scenario range runs from A$0.0170 (bear case) to A$0.0340 (bull case); at A$0.0480, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 38% below its 52-week high and 109% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -53% fair-value upside, at -47%, EMD screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) A$0.0100 50
All 1 models by family
Asset-Based
NCAV (Graham) A$0.0100 50

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Key figures & financial health

Revenue (TTM) A$2.3M
Revenue growth (YoY) +136%
Net margin -199%
Return on equity -58.7%
Free cash flow −A$2.7M FY2025
Operating margin -126%
More key figures
EPS (TTM) A$-0.0100
Net cash A$3.0M FY2025

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

Quality Score breakdown

Overall quality 39/100

Of which business quality 41 · Market factors (momentum, volatility) 37

Profitability 1
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 98
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Emyria Limited engages in delivering and developing of treatments for mental health and select neurological conditions in Australia. The company operates through Clinical Services, Clinical Services, and corporate segments. It provides therapy programs for post-traumatic stress disorder (PTSD) and treatment-resistant depression.

Full company description

Emyria Limited engages in delivering and developing of treatments for mental health and select neurological conditions in Australia. The company operates through Clinical Services, Clinical Services, and corporate segments. It provides therapy programs for post-traumatic stress disorder (PTSD) and treatment-resistant depression. The company also develops ultra-pure CBD capsules (EMD-RX7, and EMD-RX9) and proprietary MDMA analogues, as well as provides psychological trauma care facility under the Pax Centre name. It has a collaboration partnership with the University of Western Australia to support the expand Emyria's MDMA analogue drug development program. The company was formerly known as Emerald Clinics Limited and changed its name to Emyria Limited in September 2020. Emyria Limited was incorporated in 2018 and is headquartered in Leederville, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Emyria Limited reported revenue of A$1.4M in FY2025 versus A$2.0M in FY2021, a compound −8.3%/yr. Reported net income was −A$3.1M in FY2025.

Growth Quality 11/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$1.4M
Latest YoY
−36.7%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−8.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.6%
Avg. growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+52.7%
Revenue −8.3%/yr
FY21 A$2.0M
FY22 A$1.8M
FY23 A$1.6M
FY24 A$2.2M
FY25 A$1.4M
Net income
FY21 −A$4.9M
FY22 −A$7.3M
FY23 −A$5.1M
FY24 −A$11.5M
FY25 −A$3.1M

EMD screens 47% overvalued. Compare with Veeva Systems Inc →

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Cite: Fair Value Calculator (2026). "Emyria Limited Fair Value". https://www.fairvalue-calculator.com/stock/EMD

Peer Group

Health Information Services · 126 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 39 · Bottom 25%
Fair Value upside −47% · Below median
Return on assets -26% · Bottom 25%
Net margin (TTM) -199% · Bottom 25%
Operating margin (TTM) -126% · Bottom 25%
Revenue growth 136% · Top 25%

Valuation Multiples vs Health Information Services median · lower = cheaper

P/B 4.29× · Pricier than 75% of peers
P/S (TTM) 9.95× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 33
PAST 0 · sector 8
HEALTH 0 · sector 98
DIVIDEND 0 · sector 35

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Health Information Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Veeva Systems Inc VEEV $190.12 $95.12 -50%
Pro Medicus Limited PME A$194.84 A$23.74 -88%
BrightSpring Health Services, Inc BTSG $68.16 $21.31 -69%
HealthEquity, Inc HQY $97.67 $56.63 -42%
Hinge Health, Inc HNGE $88.80 $24.03 -73%
10x Genomics, Inc TXG $45.75 $17.18 -62%
Waystar Holding WAY $22.69 $12.86 -43%
Doximity, Inc DOCS $22.21 $17.18 -23%
Privia Health Group PRVA $28.10 $5.30 -81%
Inventurus Knowledge Solutions Limited IKS ₹1,846 ₹860.28 -53%

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Frequently asked questions

Is Emyria Limited (EMD) overvalued or undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$0.0255 versus a price of A$0.0480, about −47% (overvalued).
What is the fair value of EMD?
Our model-based fair value for Emyria Limited is A$0.0255 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.0480.
What is the quality score of EMD?
Emyria Limited has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Emyria Limited (EMD)?
Emyria Limited reported trailing-twelve-month revenue of about A$2.3M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of EMD?
The net profit margin of Emyria Limited is about -198.5%, meaning it is currently running at a net loss. 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.

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