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Molecure S.A (MOC) Fair Value & Analysis

Healthcare · PL · Market cap 146M PLN

MS Molecure S.A MOC · WAR
Price5.92 PLN
Fair Value1.65 PLN
Upside-72.2%
Quality36/100
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Evidence: Low Range 1.09 PLN – 2.06 PLN

Fair value as of: Jul 12, 2026

From 1 valuation models · updated today

Share price +9.0% over the past month.

Price vs Fair Value (12 months)

8.79 PLN 5.11 PLN Fair Value 1.65 PLN Jul 2025 Jul 2026

12‑month range 5.11 PLN – 8.79 PLN · fair‑value band 1.09 PLN – 2.06 PLN · the 5.92 PLN price screens above the 1.65 PLN fair value. As of Jul 12, 2026.

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Analysis

Molecure S.A (MOC) currently trades at 5.92 PLN, while our model-based Fair Value estimate is 1.65 PLN — implying the stock looks roughly 72.2% overvalued today. We read business quality at 36/100 (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 6.5M PLN. Revenue grew 29.0% year over year. It earns a return on equity of -16.3%. The balance sheet holds a net cash position of 11.0M PLN. Fundamentals as of Jul 12, 2026

Our scenario range runs from 1.09 PLN (bear case) to 2.06 PLN (bull case); at 5.92 PLN, the current price sits above that range. The share trades about 35% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -38% fair-value upside — at -72%, MOC screens richer than that median.

Key figures & financial health

Revenue (TTM) 6.5M PLN
Revenue growth (YoY) +29.0%
Net margin -241%
Return on equity -16.3%
Free cash flow −80.8M PLN FY2024
Operating margin -61.3%
More key figures
EPS (TTM) -0.9900 PLN
Net cash 11.0M PLN FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

Molecure S.A., a biotechnology company, engages in discovering, developing, and commercializing therapeutics for neoplastic and inflammatory diseases in Poland. The company is involved in the development of OATD-01, a chitotriosidase/AMCASE inhibitor that has completed Phase I clinical trial for the treatment of sarcoidosis, as well as in preclinical stage to treat idiopathic pulmonary fibrosis and NASH. It also develops OATD-02, an arginase 1 and arginase 2, which is in Phase I clinical trial for the treatment of cancer; USP7, USP21, and YKL-40 for the treatment of cancer; and Deubiquitinase program. The company was formerly known as OncoArendi Therapeutics S.A. and changed its name to Molecure S.A. in March 2022. Molecure S.A. was founded in 2012 and is headquartered in Warsaw, Poland.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Molecure S.A reported revenue of 2.9M PLN in FY2024 versus 123M PLN in FY2020, a compound −60.7%/yr. Reported net income was −31.3M PLN in FY2024.

Revenue −60.7%/yr
FY20 123M PLN
FY21 400 PLN
FY22 7.5M PLN
FY23 100 PLN
FY24 2.9M PLN
Net income
FY20 68.0M PLN
FY21 −13.6M PLN
FY22 −13.5M PLN
FY23 −28.4M PLN
FY24 −31.3M PLN

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

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Frequently asked questions

Is Molecure S.A (MOC) undervalued?
As of Jul 12, 2026, our model estimates a fair value of 1.65 PLN versus a price of 5.92 PLN — about −72% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MOC?
Our model-based fair value for Molecure S.A is 1.65 PLN (as of Jul 12, 2026), built from audited fundamentals. The current price is 5.92 PLN.
What is the quality score of MOC?
Molecure S.A has a Quality Score of 36/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Molecure S.A (MOC)?
Molecure S.A reported trailing-twelve-month revenue of about 6.5M PLN (latest available figure, as of Jul 12, 2026).

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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