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Mabion S.A (MAB) Fair Value & Analysis

Healthcare · PL · Market cap 118M PLN

MS Mabion S.A MAB · WAR
Price7.46 PLN
Fair Value2.02 PLN
Upside-72.9%
Quality31/100
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Mixed Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/9)
Narrow moat 10/100
Evidence: Low Range 1.51 PLN – 3.02 PLN Share as image

Fair value as of: Jul 14, 2026

From 1 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from 13.59 PLN to 2.02 PLN (−85.1%) since Jun 24, 2026. Share price +1.1% over the past month.

Below-average quality, and screening another 73% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3.02 PLN). The favourable scenario is already priced in.
  • Weak quality (31/100) 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 (1.51 PLN to 3.02 PLN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

85.40 PLN 6.82 PLN Fair Value 2.02 PLN Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 6.82 PLN – 85.40 PLN · fair‑value band 1.51 PLN – 3.02 PLN · the 7.46 PLN price screens above the 2.02 PLN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

Full chart & analysis →

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Analysis

Mabion S.A (MAB) currently trades at 7.46 PLN, while our model-based Fair Value estimate is 2.02 PLN, implying the stock looks roughly 72.9% overvalued today. The Quality Score stands at 31/100 (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 17.6M PLN. Revenue grew 68.3% year over year. It earns a return on equity of -84.3%. Net debt stands at 4.0M PLN. Fundamentals as of Jul 14, 2026

Our scenario range runs from 1.51 PLN (bear case) to 3.02 PLN (bull case); at 7.46 PLN, 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 27% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -73%, MAB screens richer 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) 1.51 PLN 2.02 PLN 3.02 PLN 50
All 1 models by family
Asset-Based
NCAV (Graham) 1.51 PLN 2.02 PLN 3.02 PLN 50

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Key figures & financial health

Revenue (TTM) 17.6M PLN
Revenue growth (YoY) +68.3%
Return on equity -84.3%
Free cash flow −42.5M PLN FY2025
Operating margin -201%
EPS (TTM) -3.53 PLN
More key figures
EPS growth (YoY) -31.9%
Net debt 4.0M PLN FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 31 · Market factors (momentum, volatility) 38

Profitability 0
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 82
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

Mabion S.A., a biopharmaceutical company, provides services as a contract development and manufacturing organization in the process development, analytics, and manufacturing of biologic medicines in Poland. It offers drug substance manufacturing, fill and finish, gene to vial end-to-end development, process development, analytics, and banking services.

Full company description

Mabion S.A., a biopharmaceutical company, provides services as a contract development and manufacturing organization in the process development, analytics, and manufacturing of biologic medicines in Poland. It offers drug substance manufacturing, fill and finish, gene to vial end-to-end development, process development, analytics, and banking services. In addition, it offers cell line development, process development, production of a product for preclinical and clinical trials, development and validation of analytical methods, and preparation of the necessary documentation. The company was founded in 2007 and is headquartered in Konstantynów Lódzki, Poland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Mabion S.A reported revenue of 15.8M PLN in FY2025 versus 56.9M PLN in FY2021, a compound −27.4%/yr. Reported net income was −62.6M PLN in FY2025.

Growth Quality 28/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
15.8M PLN
Latest YoY
−77.2%
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.
−54.2%
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.
+58.2%
Avg. growth/yr (15Y) 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.
+16.8%
Revenue −27.4%/yr
FY21 56.9M PLN
FY22 164M PLN
FY23 152M PLN
FY24 69.0M PLN
FY25 15.8M PLN
Net income
FY21 1.9M PLN
FY22 23.2M PLN
FY23 41.3M PLN
FY24 −6.3M PLN
FY25 −62.6M PLN

MAB screens 73% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "Mabion S.A Fair Value". https://www.fairvalue-calculator.com/stock/MAB

Peer Group

Biotechnology · 601 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 31 · Bottom 25%
Fair Value upside −73% · Bottom 25%
Return on assets -23% · Below median
Net margin (TTM) 0% · Above median
Revenue growth 68% · Top 25%
Debt / equity 0.21× · Higher than median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/B 0.65× · Cheaper than median
P/S (TTM) 1.80× · Cheaper than median

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 0
PAST 0 · sector 0
HEALTH 90 · sector 98
DIVIDEND 0 · sector 23

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

Insider activity: 35/100

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 Biotechnology stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $486.03 $278.78 -43%
Regeneron Pharmaceuticals, Inc REGN $664.45 $594.40 -11%
Samsung Biologics Co 207940 1,368,000 KRW 1,091,384 KRW -20%
Celltrion, Inc 068270 175,800 KRW 76,325 KRW -57%
WuXi Biologics (Cayman) Inc 2269 HK$39.54 HK$30.42 -23%
Innovent Biologics, Inc 1801 HK$86.70 HK$19.66 -77%
Sino Biopharmaceutical Limited 1177 HK$5.26 HK$3.36 -36%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
RemeGen Co 688331 ¥134.02 ¥26.99 -80%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%

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Frequently asked questions

Is Mabion S.A (MAB) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 2.02 PLN versus a price of 7.46 PLN, about −73% (overvalued).
What is the fair value of MAB?
Our model-based fair value for Mabion S.A is 2.02 PLN (as of Jul 14, 2026), built from audited fundamentals. The current price is 7.46 PLN.
What is the quality score of MAB?
Mabion S.A has a Quality Score of 31/100. 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 Mabion S.A (MAB)?
Mabion S.A reported trailing-twelve-month revenue of about 17.6M PLN (latest available figure, as of Jul 14, 2026).
What is the net profit margin of MAB?
The net profit margin of Mabion 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.

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