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Microbix Biosystems Inc (MBX) Fair Value & Analysis

Healthcare · CA · Market cap C$37.1M

MB Microbix Biosystems Inc MBX · TO
PriceC$0.2900
Fair ValueC$0.0600
Upside-79.3%
Quality95/100
Evidence: Low Range C$0.0500 – C$0.0600

Fair value as of: Jun 25, 2026

From 2 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from C$0.9100 to C$0.0600 (−93.4%) since Jun 24, 2026. Share price +9.3% over the past month.

Price vs Fair Value (12 months)

C$0.3047 C$0.2064 Fair Value C$0.0600 Jun 2025 Jun 2026

12‑month range C$0.2064 – C$0.3047 · fair‑value band C$0.0500 – C$0.0600 · the C$0.2900 price screens above the C$0.0600 fair value. As of Jun 25, 2026.

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Analysis

Microbix Biosystems Inc (MBX) currently trades at C$0.2900, while our model-based Fair Value estimate is C$0.0600 — implying the stock looks roughly 79.3% 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).

Over the trailing twelve months, Microbix Biosystems Inc generated revenue of C$14.8M at a net margin of -38.6%. Revenue declined 36.6% year over year. It earns a return on equity of -20.4%. The balance sheet holds a net cash position of C$5.3M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) C$14.8M
Revenue growth (YoY) -36.6%
Net margin -38.6%
Return on equity -20.4%
Free cash flow −C$878K FY2025
Operating margin -37.4%
More key figures
EPS (TTM) C$-0.0400
EPS growth (YoY) -94.7%
Net cash C$5.3M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Microbix Biosystems Inc., a life science company, develops and commercializes proprietary biological and technological solutions for human health and wellbeing in North America, Europe, and internationally. The company manufactures a wide range of critical biological materials and medical devices for the global diagnostics industry, notably test ingredients (Antigen business) used in immunoassays, quality assessment, and diagnostic-test products, such as test-controls under the QAPs brand; viral transport medium for enabling the collection of patient samples to test for pathogens including virus causing the COVID-19 disease under the DxTM brand; Kinlytic, a biologic thrombolytic drug used to treat blood clots; and antigen products. It also provides customer vial filling services. Microbix Biosystems Inc. was founded in 1988 and is headquartered in Mississauga, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Microbix Biosystems Inc reported revenue of C$18.6M in FY2025 versus C$18.6M in FY2021, a compound −0.0%/yr. Reported net income was −C$2.2M in FY2025.

Revenue −0.0%/yr
FY21 C$18.6M
FY22 C$19.1M
FY23 C$16.5M
FY24 C$25.4M
FY25 C$18.6M
Net income
FY21 C$1.6M
FY22 C$1.8M
FY23 −C$39.5K
FY24 C$3.5M
FY25 −C$2.2M

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Frequently asked questions

Is Microbix Biosystems Inc (MBX) undervalued?
As of Jun 25, 2026, our model estimates a fair value of C$0.0600 versus a price of C$0.2900 — about −79% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MBX?
Our 21-model fair value for Microbix Biosystems Inc is C$0.0600 (as of Jun 25, 2026), built from audited fundamentals. The current price is C$0.2900.
What is the quality score of MBX?
Microbix Biosystems Inc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Microbix Biosystems Inc (MBX)?
Microbix Biosystems Inc reported trailing-twelve-month revenue of about C$14.8M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of MBX?
The net profit margin of Microbix Biosystems Inc is about -38.6%, 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.

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