Elutia Inc. (ELUT) Key Metrics
ELUT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $35.2M
- Enterprise value
- $22.9M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 2.9 10-yr median 2.5
- Price / book
- 2.4 10-yr median 4.9
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 0.84
ELUT key metrics, 2018–2025
Fiscal year ended December 31, 2025 · U.S. dollarsELUT valuation Price multiples at each fiscal year-end price.
Price / sales−42.0%
2.6
2025 · hover or tap a bar for each year
20182025
Price / book
1.2
2025 · hover or tap a bar for each year
20182025
Free cash flow yield−125.3 pts
−146.7%
2025 · hover or tap a bar for each year
20182025
ELUT returns How much profit the business earns on the capital it uses.
Return on assets+244.0 pts
108.4%
2025 · hover or tap a bar for each year
20182025
Free cash flow margin−284.1 pts
−379.8%
2025 · hover or tap a bar for each year
20182025
Asset turnover−59.3%
0.25
2025 · hover or tap a bar for each year
20182025
ELUT per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−68.1%
$0.27
2025 · hover or tap a bar for each year
20182025
Earnings per share
$1.16
2025 · hover or tap a bar for each year
20182025
Free cash flow per share
−$1.02
2025 · hover or tap a bar for each year
20182025
Book value per share
$0.60
2025 · hover or tap a bar for each year
20182025
Shares outstanding+58.0%
45.9M
2025 · hover or tap a bar for each year
20182025
ELUT financial health Debt, liquidity and how easily interest is covered.
Debt / equity
0.40
2025 · hover or tap a bar for each year
20182025
Net debt−$36.0M
−$25.2M
2025 · hover or tap a bar for each year
20182025
Current ratio+220.6%
2.22
2025 · hover or tap a bar for each year
20182025
Interest coverage
-47.6
2025 · hover or tap a bar for each year
20182025
Debt / assets−73.0%
0.18
2025 · hover or tap a bar for each year
20182025
ELUT efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+224 days
321 days
2025 · hover or tap a bar for each year
20182025
Days of inventory+68 days
146 days
2025 · hover or tap a bar for each year
20182025
Days payables outstanding+188 days
286 days
2025 · hover or tap a bar for each year
20182025
Cash conversion cycle+104 days
180 days
2025 · hover or tap a bar for each year
20182025
Capex / revenue+12.6 pts
15.3%
2025 · hover or tap a bar for each year
20182025
ELUT valuation history
Fiscal year-endToday8-year median
ELUT returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ELUT debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ELUT cash returned to shareholders
DividendsBuybacksFree cash flow
ELUT price vs earnings per share
Share price at year-endEPS (right axis)
ELUT key metrics
2018–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $31.8M | $108.7M | $39.2M | $58.8M | $65.8M | $139.4M | — | — |
| Enterprise value | $6.6M | $119.5M | $43.9M | $67.2M | $58.6M | $130.9M | — | — |
| P/E ratio | 0.6 | — | — | — | — | — | — | — |
| Price / sales | 2.6 | 4.5 | 1.6 | 2.5 | 1.4 | 3.3 | — | — |
| Price / book | 1.2 | — | — | — | 4.9 | 6.7 | — | — |
| EV / sales | 0.5 | 4.9 | 1.8 | 2.8 | 1.2 | 3.1 | — | — |
| Earnings yield | 167.7% | −49.6% | −96.0% | −56.0% | −37.7% | −15.7% | — | — |
| Free cash flow yield | −146.7% | −21.4% | −56.4% | −37.4% | −24.0% | −10.2% | — | — |
| Shareholder yield (dividends + buybacks) | — | 1.1% | 0.1% | — | — | — | — | — |
| Share price at fiscal year-end | $0.69 | $3.74 | $2.16 | $4.25 | $6.30 | $13.63 | — | — |
| Per share | ||||||||
| Revenue per share | $0.27 | $0.84 | $1.36 | $1.72 | $4.54 | $4.17 | $4.02 | $3.66 |
| Earnings per share | $1.16 | −$1.86 | −$2.07 | −$2.38 | −$2.38 | −$2.13 | −$1.12 | −$1.08 |
| Operating cash flow per share | −$0.98 | −$0.78 | −$1.20 | −$1.55 | −$1.48 | −$1.33 | −$0.68 | −$0.48 |
| Free cash flow per share | −$1.02 | −$0.80 | −$1.22 | −$1.59 | −$1.51 | −$1.40 | −$0.73 | −$0.50 |
| Cash per share | $0.79 | $0.46 | $1.06 | $1.23 | $2.91 | $3.83 | $0.23 | $0.23 |
| Book value per share | $0.60 | −$1.59 | −$2.13 | −$0.36 | $1.29 | $2.04 | −$5.17 | −$4.07 |
| Tangible book value per share | $0.57 | −$1.68 | −$2.77 | −$1.45 | −$0.47 | −$0.10 | −$7.53 | −$4.07 |
| Capex per share | $0.04 | $0.02 | $0.02 | $0.04 | $0.04 | $0.06 | $0.05 | $0.02 |
| Debt per share | $0.24 | $0.83 | $1.32 | $1.84 | $2.22 | $3.00 | $2.39 | $7.72 |
| Shares outstanding | 45.9M | 29.1M | 18.2M | 13.8M | 10.4M | 10.2M | 10.7M | 10.7M |
| Change in shares outstanding | +58.0% | +60.1% | +31.3% | +32.4% | +2.1% | −4.1% | 0.0% | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | — | — | — | — | −144.6% | — | — | — |
| Return on invested capital (ROIC) | — | — | — | −567.9% | −194.8% | — | — | −17.8% |
| Return on assets (ROA) | 108.4% | −135.6% | −67.1% | −48.4% | −33.1% | −34.2% | −25.8% | −24.2% |
| Return on tangible assets | 87.8% | −160.9% | −118.6% | −61.2% | −51.0% | −35.8% | −61.2% | −24.2% |
| Free cash flow margin | −379.8% | −95.6% | −89.3% | −92.1% | −33.4% | −33.4% | −18.2% | −13.6% |
| Income quality (OCF / net income) | −0.84 | — | — | — | — | — | — | — |
| Financial health | ||||||||
| Total debt | $11.2M | $24.0M | $24.0M | $25.4M | $23.2M | $30.6M | $25.5M | $82.4M |
| Cash & short-term investments | $36.4M | $13.2M | $19.3M | $17.0M | $30.4M | $39.1M | $2.5M | $2.4M |
| Net debt | −$25.2M | $10.8M | $4.7M | $8.5M | −$7.2M | −$8.5M | $23.0M | $80.0M |
| Debt / equity | 0.40 | — | — | — | 1.72 | 1.47 | — | — |
| Debt / assets | 0.18 | 0.66 | 0.55 | 0.37 | 0.35 | 0.37 | 0.57 | 1.73 |
| Current ratio | 2.22 | 0.69 | 0.73 | 1.19 | 1.82 | 2.23 | 1.01 | 1.36 |
| Quick ratio | 2.12 | 0.64 | 0.64 | 1.09 | 1.46 | 1.85 | 0.62 | 0.80 |
| Interest coverage | -47.6 | -7.5 | -5.3 | -6.9 | -4.3 | -2.4 | -1.6 | -1.5 |
| Working capital | $30.7M | −$11.6M | −$11.8M | $8.1M | $21.4M | $32.9M | $172,000 | $4.8M |
| Invested capital | $2.5M | −$35.5M | −$33.9M | $3.4M | $6.4M | $12.3M | −$32.1M | $36.6M |
| Tangible asset value | $26.1M | −$48.9M | −$50.3M | −$20.1M | −$4.9M | −$1.0M | −$80.4M | −$43.4M |
| Net current asset value | $21.1M | −$56.2M | −$50.8M | −$23.2M | −$6.2M | −$2.3M | −$81.4M | −$73.0M |
| Graham number | $3.97 | — | — | — | — | — | — | — |
| Graham net-net per share | $0.30 | −$2.16 | −$3.10 | −$3.01 | −$1.34 | −$1.21 | −$8.29 | −$7.46 |
| Capital allocation | ||||||||
| Share buybacks (net) | — | $1.2M | $32,000 | — | — | — | — | — |
| Capex / revenue | 15.3% | 2.7% | 1.4% | 2.3% | 0.8% | 1.5% | 1.3% | 0.5% |
| Capex / depreciation | 0.67 | 0.60 | 0.09 | 0.14 | 0.10 | 0.17 | 0.15 | 0.05 |
| Stock-based compensation / revenue | 35.8% | 32.4% | 9.8% | 15.3% | 7.5% | 1.8% | 0.5% | — |
| R&D / revenue | 33.9% | 15.5% | 17.8% | 32.4% | 19.6% | 13.9% | 5.6% | 6.4% |
| SG&A / revenue | 169.6% | 128.0% | 109.9% | 142.1% | 68.6% | 66.1% | 60.1% | — |
| Efficiency | ||||||||
| Days sales outstanding | 320.9 | 97.3 | 173.7 | 180.5 | 50.7 | 61.6 | 61.4 | 67.3 |
| Days of inventory on hand | 145.7 | 77.2 | 107.9 | 206.2 | 126.5 | 142.8 | 115.6 | 117.9 |
| Days payables outstanding | 286.4 | 98.0 | 60.8 | 44.2 | 23.4 | 37.5 | 32.2 | 25.1 |
| Cash conversion cycle (days) | 180.2 | 76.5 | 220.7 | 342.5 | 153.8 | 166.8 | 144.8 | 160.1 |
| Receivables turnover | 1.14 | 3.75 | 2.10 | 2.02 | 7.20 | 5.93 | 5.95 | 5.42 |
| Payables turnover | 1.27 | 3.72 | 6.00 | 8.26 | 15.60 | 9.73 | 11.34 | 14.53 |
| Inventory turnover | 2.51 | 4.73 | 3.38 | 1.77 | 2.88 | 2.56 | 3.16 | 3.10 |
| Asset turnover | 0.25 | 0.61 | 0.44 | 0.35 | 0.63 | 0.67 | 0.93 | 0.82 |
| Average receivables | $10.8M | $6.5M | $11.8M | $11.8M | $6.6M | $7.2M | $7.2M | $7.2M |
| Average payables | $4.5M | $3.7M | $2.3M | $1.5M | $1.8M | $2.3M | $2.0M | $1.6M |
| Average inventory | $2.3M | $2.9M | $4.0M | $6.9M | $9.8M | $8.7M | $7.3M | $7.5M |
| Intangibles / total assets | 2.5% | 7.2% | 26.9% | 21.9% | 27.5% | 26.4% | 56.4% | 0.0% |
Computed from ELUT's annual financial statements (latest annual report filed March 13, 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.
ELUT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Elutia traded at 0.6 times earnings. It ended the year with $11.2 million of debt and $36.4 million in cash and short-term investments, a net cash position of $25.2 million. The share count rose 330.7% from 10.7M to 45.9M over 7 years.
See the ELUT income statement, the ELUT chart for price history, or the ELUT stock overview for the latest quote and news.
ELUT key metrics FAQ
What is Elutia's P/E ratio?
Elutia traded at 0.6 times earnings at the end of fiscal 2025.
How much debt does Elutia have?
Elutia had total debt of $11.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.40 and more cash than debt.
What is Elutia's free cash flow yield?
Elutia generated -$46.7 million of free cash flow in fiscal 2025, a free cash flow yield of −146.7% on its market value at year-end ($31.8 million).
What is Elutia's current ratio?
Elutia's current ratio was 2.22 at the end of fiscal 2025: current assets were 2.22 times current liabilities.