Abeona Therapeutics Inc. (ABEO) Key Metrics

NASDAQ: ABEOValuation, returns, debt and efficiency ratios over 10 years.

ABEO valuation today

Trailing 12 months · as of October 17, 2026
Market cap
$253.3M
Enterprise value
$189.3M
P/E (TTM)
—
Forward P/E
18.7
PEG ratio
—
Price / sales
9.9
Price / book
2.5
10-yr median 5.2
EV / EBITDA
3.8
Dividend yield
—
Beta
1.30

ABEO key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

ABEO valuation Price multiples at each fiscal year-end price.

Price / sales
59.9
2025 · hover or tap a bar for each year
2023: 30.62025: 59.9
20162025
Price / book−57.8%
2.2
2025 · hover or tap a bar for each year
2023: 7.22024: 5.2 (−28.1%)2025: 2.2 (−57.8%)
20162025
Free cash flow yield+1.4 pts
−24.2%
2025 · hover or tap a bar for each year
2023: −34.9%2024: −25.6% (+9.3 pts)2025: −24.2% (+1.4 pts)
20162025

ABEO valuation history

Fiscal year-endToday10-year median

ABEO returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

ABEO debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

ABEO cash returned to shareholders

DividendsBuybacksFree cash flow

ABEO price vs earnings per share

Share price at year-endEPS (right axis)

ABEO key metrics

2016–2025
Abeona Therapeutics Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$348.5M$228.6M$107.1M———————
Enterprise value$182.1M$154.0M$60.3M———————
P/E ratio4.9—————————
Price / sales59.9—30.6———————
Price / book2.25.27.2———————
EV / sales31.3—17.2———————
EV / EBITDA2.3—————————
Earnings yield20.4%−27.9%−50.6%———————
Free cash flow yield−24.2%−25.6%−34.9%———————
Shareholder yield (dividends + buybacks)——0.2%———————
Share price at fiscal year-end$5.27$5.57$5.01$3.08$8.50$39.25$81.75$178.50$396.25$121.25
Per share
Revenue per share$0.09$0.00$0.16———————
Earnings per share$1.08−$1.55−$2.53———————
Operating cash flow per share−$1.15−$1.36−$1.73———————
Free cash flow per share−$1.27−$1.42−$1.75———————
Cash per share$2.89$2.38$2.44———————
Book value per share$2.41$1.07$0.69———————
Tangible book value per share$2.41$1.07$0.69———————
Capex per share$0.12$0.06$0.02———————
Debt per share$0.38$0.56$0.25———————
Shares outstanding66.1M41.0M21.4M———————
Change in shares outstanding+61.1%+92.0%————————
Returns & profitability
Return on equity (ROE)70.0%−216.6%−260.6%−114.8%−117.2%−60.0%−48.8%−37.3%−20.3%−26.2%
Return on invested capital (ROIC)————−617.9%−175.3%−89.4%−85.3%−75.1%−61.3%
Return on assets (ROA)43.3%−73.7%−84.5%−55.2%−73.6%−45.0%−38.4%−32.1%−18.9%−22.9%
Return on tangible assets32.4%−58.5%−84.7%−61.8%−108.6%−71.9%−49.3%−57.3%−19.2%−31.2%
Free cash flow margin—————−363.6%————
Income quality (OCF / net income)−1.07—————————
Financial health
Total debt$25.0M$23.0M$5.4M$7.6M$9.4M$8.7M$8.0M$30.0M−$3.7M$0
Cash & short-term investments$191.4M$97.7M$52.2M$52.1M$45.0M$95.0M$129.3M$85.0M$137.8M$69.1M
Net debt−$166.4M−$74.7M−$46.8M−$44.5M−$35.6M−$86.3M−$121.3M−$55.0M−$141.5M−$69.1M
Debt / equity0.160.520.360.290.220.090.040.22−0.020.00
Debt / assets0.110.210.080.120.120.060.040.17−0.020.00
Net debt / EBITDA−2.12—————————
Current ratio6.936.084.156.833.392.333.424.3725.078.37
Quick ratio6.746.084.156.783.392.333.424.3725.078.37
Interest coverage-23.9-15.3-112.8-69.2-24.6-19.8-192.7———
Working capital$175.3M$84.3M$42.3M$45.3M$39.7M$55.8M$93.7M$68.5M$135.0M$61.1M
Invested capital−$7.2M−$30.6M−$32.0M−$17.8M$6.7M$16.2M$57.1M$79.1M$28.6M$30.0M
Tangible asset value$159.2M$44.0M$14.8M$26.8M$41.0M$68.6M$109.8M$58.5M$133.7M$58.2M
Net current asset value$144.6M$36.0M$6.6M$15.6M$19.1M$49.1M$87.4M$48.5M$131.9M$57.5M
Graham number$7.64—————————
Graham net-net per share$2.10$0.83$0.23———————
Capital allocation
Dividends paid————————$0$0
Share buybacks (net)——$182,000$26.2M$0$0$0$0$0$0
Capex / revenue137.0%—9.5%9.2%138.4%13.4%—650.2%102.7%58.4%
Capex / depreciation2.240.840.100.030.930.240.758.261.160.63
Stock-based compensation / revenue185.2%—136.2%215.8%297.2%81.9%—295.7%706.8%543.2%
R&D / revenue460.7%—888.3%2,048.4%1,290.9%301.4%—1,290.8%2,029.7%1,198.5%
SG&A / revenue1,117.4%—543.0%1,220.4%721.5%237.8%—670.6%1,307.4%1,494.9%
Efficiency
Days sales outstanding262.4—137.2411.5182.50.0—11.450.449.1
Days of inventory on hand654.4——137.10.0——0.0——
Days payables outstanding1,349.7332.7417.22,488.542.551.237.137.759.978.3
Cash conversion cycle (days)-433.0—-280.0-1,939.9140.0-51.2—-26.3-9.5-29.2
Receivables turnover1.390.002.660.892.00—0.0031.897.257.44
Payables turnover0.271.100.870.158.597.139.839.676.094.66
Inventory turnover0.56——2.6638,726,000.00——77,396,000.00——
Asset turnover0.040.000.050.020.030.050.000.020.010.01
Average receivables$4.2M$2.0M$1.3M$1.6M$1.5M$0$40,500$94,000$115,500$119,500
Average payables$5.7M$2.6M$1.8M$3.1M$4.5M$4.2M$4.9M$4.0M$2.8M$2.3M
Average inventory$2.7M$0—$169,000$1——$0$0$0
Intangibles / total assets0.0%0.0%0.0%0.0%1.7%22.5%30.7%43.3%20.4%36.8%

Computed from ABEO's annual financial statements (latest annual report filed March 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

ABEO valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Abeona Therapeutics traded at 4.9 times earnings. Abeona Therapeutics earned a return on equity of 70.0% in fiscal 2025. It ended the year with $25.0 million of debt and $191.4 million in cash and short-term investments, a net cash position of $166.4 million.

See the ABEO income statement, the ABEO chart for price history, or the ABEO stock overview for the latest quote and news.

ABEO key metrics FAQ

What is Abeona Therapeutics's P/E ratio?

Abeona Therapeutics traded at 4.9 times earnings at the end of fiscal 2025.

What is Abeona Therapeutics's EV/EBITDA?

Abeona Therapeutics's enterprise value was 2.3 times EBITDA at the end of fiscal 2025 (enterprise value $182.1 million, EBITDA $78.6 million); the current EV/EBITDA is 3.8.

What is Abeona Therapeutics's return on equity?

Abeona Therapeutics's return on equity (ROE) was 70.0% in fiscal 2025: net income of $71.2 million on average shareholders' equity of $101.6 million.

How much debt does Abeona Therapeutics have?

Abeona Therapeutics had total debt of $25.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.16 and more cash than debt.

What is Abeona Therapeutics's free cash flow yield?

Abeona Therapeutics generated -$84.3 million of free cash flow in fiscal 2025, a free cash flow yield of −24.2% on its market value at year-end ($348.5 million).

What is Abeona Therapeutics's current ratio?

Abeona Therapeutics's current ratio was 6.93 at the end of fiscal 2025: current assets were 6.93 times current liabilities.

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