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Unicycive Therapeutics, Inc (UNCY) Fair Value & Analysis

Healthcare · US · Market cap $220M

UT Unicycive Therapeutics, Inc logo Unicycive Therapeutics, Inc UNCY · US
Price$5.02
Fair Value$1.10
Upside-78.1%
Quality26/100
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Weak Growth
Thin margins · 0.0% net margin
negative free cash flow
Trails peers (3/8)
Narrow moat 6/100
Evidence: Low Range $0.7200 – $1.37 Share as image

Fair value as of: Jul 22, 2026

From 1 valuation models · updated 20 days ago

Fair value updated Jul 22, 2026, revised from $4.96 to $1.10 (−77.8%) since Jun 25, 2026. Share price −3.6% over the past month.

Below-average quality, and screening another 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($1.37). The favourable scenario is already priced in.
  • Weak quality (26/100) 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 ($0.7200 to $1.37) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$58.50 $2.36 Fair Value $1.10 Jul 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range $2.36 – $58.50 · fair‑value band $0.7200 – $1.37 · the $5.02 price screens above the $1.10 fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

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Analysis

Unicycive Therapeutics, Inc (UNCY) currently trades at $5.02, while our model-based Fair Value estimate is $1.10, implying the stock looks roughly 78.1% overvalued today. The Quality Score stands at 26/100 (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).

The balance sheet holds a net cash position of $29.0M. Fundamentals as of Jul 22, 2026

Our scenario range runs from $0.7200 (bear case) to $1.37 (bull case); at $5.02, 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 43% below its 52-week high and 35% 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 -78%, UNCY 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) $0.5500 $0.7400 $1.10 50
All 1 models by family
Asset-Based
NCAV (Graham) $0.5500 $0.7400 $1.10 50

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Key figures & financial health

Return on equity -163%
Free cash flow −$31.3M FY2025
EPS (TTM) $-2.25
Net cash $29.0M FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 26/100

Of which business quality 37 · Market factors (momentum, volatility) 23

Profitability 0
Margins and returns on capital today
Quality Growth 75
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 3
Calm price path (market factor)
Momentum 26
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

Unicycive Therapeutics, Inc., a clinical-stage biotechnology company, identifies, develops, and commercializes therapies for the treatment of kidney diseases in the United States.

Full company description

Unicycive Therapeutics, Inc., a clinical-stage biotechnology company, identifies, develops, and commercializes therapies for the treatment of kidney diseases in the United States. It develops oxylanthanum carbonate, a lanthanum-based phosphate binding agent, which is for the treatment of hyperphosphatemia in patients with chronic kidney disease on dialysis; and UNI-494, a nicotinamide ester derivative and a selective ATP-sensitive mitochondrial potassium channel activator, which is in Phase I clinical trial for the treatment of acute kidney injury and pre-clinical stage for the treatment of chronic kidney disease. The company was incorporated in 2016 and is headquartered in Mountain View, California.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Unicycive Therapeutics, Inc reported revenue of $0 in FY2025 versus $0 in FY2021. Reported net income was −$26.6M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2023)
$675K
Latest YoY
−29.0%
Revenue
FY21 $0
FY22 $951K
FY23 $675K
FY24 $0
FY25 $0
Net income
FY21 −$10.6M
FY22 −$18.1M
FY23 −$30.5M
FY24 −$36.7M
FY25 −$26.6M

UNCY screens 78% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "Unicycive Therapeutics, Inc Fair Value". https://www.fairvalue-calculator.com/stock/UNCY

Peer Group

Biotechnology · 605 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 37 · Below median
Fair Value upside −78% · Bottom 25%
Return on assets -41% · Bottom 25%
Net margin (TTM) 0% · Above median
Operating margin (TTM) 0% · Above median
Revenue growth 0% · Above median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/B 7.28× · Pricier than 75% of peers

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 22, 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%
RemeGen Co 688331 ¥134.45 ¥23.19 -83%
ALTEOGEN Inc 196170 276,500 KRW 44,444 KRW -84%
Biocon Limited BIOCON ₹440.70 ₹57.36 -87%

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Frequently asked questions

Is Unicycive Therapeutics, Inc (UNCY) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of $1.10 versus a price of $5.02, about −78% (overvalued).
What is the fair value of UNCY?
Our model-based fair value for Unicycive Therapeutics, Inc is $1.10 (as of Jul 22, 2026), built from audited fundamentals. The current price is $5.02.
What is the quality score of UNCY?
Unicycive Therapeutics, Inc has a Quality Score of 26/100. 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 net profit margin of UNCY?
The net profit margin of Unicycive Therapeutics, Inc 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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