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Oxford Nanopore Technologies plc (ONT) Fair Value & Analysis

Healthcare · GB · Market cap 1.3B GBX

ON Oxford Nanopore Technologies plc ONT · LSE
Price£1.15
Fair Value£2.14
Upside+86.6%
Quality95/100
Evidence: Low Range £1.61 – £2.68

Fair value as of: Jun 24, 2026

From 2 valuation models · updated 5 days ago

Share price −14.6% over the past month.

Price vs Fair Value (12 months)

£2.05 £0.9801 Fair Value £2.14 Jun 2025 Jun 2026

12‑month range £0.9801 – £2.05 · fair‑value band £1.61 – £2.68 · the £1.15 price screens below the £2.14 fair value. As of Jun 24, 2026.

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Analysis

Oxford Nanopore Technologies plc (ONT) currently trades at £1.15, while our model-based Fair Value estimate is £2.14 — implying the stock looks roughly 86.6% undervalued today. We read business quality at 95/100 (high quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Oxford Nanopore Technologies plc generated revenue of £224M at a net margin of -64.9%. Revenue grew 19.4% year over year. It earns a return on equity of -27.7%. The balance sheet holds a net cash position of £140M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 224M GBX
Revenue growth (YoY) +19.4%
Net margin -64.9%
Return on equity -27.7%
Free cash flow −66.3M GBX FY2025
Operating margin -48.7%
More key figures
EPS (TTM) £-0.1500
Net cash 140M GBX FY2025

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

About the company

Oxford Nanopore Technologies plc engages in the research, development, manufacture, and commercialization of a novel generation of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) sequencing technology that allows analysis of DNA or RNA. The company offers MinION Mk 1D, a portable device for DNA and RNA sequencing; and GridION and GridION Q, a compact bench top device that delivers a version of hardware, software, and chemistry. It also provides PromethION products, such as PromethION 2, PromethION 24, and PromethION 48. The company has a collaboration with Cepheid to develop and commercialize automated infectious disease sequencing solutions. It operates in the region of Americas, Europe, the Middle East, Africa, India, and the Asia Pacific. The company was formerly known as Oxford NanoLabs Limited and changed its name to Oxford Nanopore Technologies plc in May 2008. Oxford Nanopore Technologies plc was incorporated in 2005 and is headquartered in Oxford, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Oxford Nanopore Technologies plc reported revenue of £224M in FY2025 versus £134M in FY2021, a compound +13.8%/yr. Reported net income was −£145M in FY2025.

Revenue +13.8%/yr
FY21 £134M
FY22 £199M
FY23 £170M
FY24 £183M
FY25 £224M
Net income
FY21 −£168M
FY22 −£91.0M
FY23 −£155M
FY24 −£146M
FY25 −£145M

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Frequently asked questions

Is Oxford Nanopore Technologies plc (ONT) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £2.14 versus a price of £1.15 — about +87% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ONT?
Our 21-model fair value for Oxford Nanopore Technologies plc is £2.14 (as of Jun 24, 2026), built from audited fundamentals. The current price is £1.15.
What is the quality score of ONT?
Oxford Nanopore Technologies plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Oxford Nanopore Technologies plc (ONT)?
Oxford Nanopore Technologies plc reported trailing-twelve-month revenue of about £224M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ONT?
The net profit margin of Oxford Nanopore Technologies plc is about -64.9%, 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.