Moderna
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
-5.27-16.8611.443.46
Price/Sales ratio
2.331.711.240.90
Earnings per Share (EPS)
$-5.25$-1.64$2.42$7.99

Historical Multiples (2016 – 2023)

2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-32.34-27.32-3.21-12.58-53.328.388.46-8.057.14-12.58
Price/Sales ratio
68.8739.5110.11134.70145.135.773.675.543.16145.13
Price/Book Value ratio
8.3011.180.805.5015.557.233.702.743.1215.55
Price/Cash Flow ratio
104.79-21.09-3.74-14.0919.657.5114.20-12.1811.99-14.09
Price/Free Cash Flow ratio
208.20-17.93-2.83-13.1920.337.6715.44-9.9313.04-13.19
Price/Earnings Growth ratio
N/A-1.58-0.000.18-2.01-0.00-0.280.05-0.26-2.01
Dividend Yield
0.00%0.02%N/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
85.11%88.39%-270.64%35.42%97.10%85.24%71.88%31.46%71.30%35.42%
Operating Profit Margin
-220.38%-152.20%-337.32%-1136.06%-278.02%74.96%48.90%-61.90%49.90%-1136.06%
Pretax Profit Margin
-211.91%-144.65%-313.77%-1071.52%-271.23%74.90%49.70%-57.56%50.72%-1071.52%
Net Profit Margin
-212.94%-144.60%-314.03%-1070.07%-272.16%68.79%43.40%-68.83%44.30%-1070.07%
Effective Tax Rate
-0.48%0.03%-0.08%0.13%-0.34%8.15%12.66%-19.58%12.66%0.13%
Return on Assets
-15.25%-23.59%-19.60%-32.34%-10.18%49.46%32.33%-25.58%32.33%-32.34%
Return On Equity
-25.68%-40.92%-25.14%-43.75%-29.17%86.26%43.72%-34.02%46.34%-43.75%
Return on Capital Employed
-17.83%-30.16%-23.75%-37.73%-25.88%85.55%44.99%-27.50%44.99%-37.73%
Liquidity Ratios
Current Ratio
N/AN/A7.017.881.43N/AN/AN/A2.721.43
Quick Ratio
6.674.097.017.881.421.602.533.352.342.34
Cash ratio
0.300.702.951.640.590.750.650.960.650.59
Days of Sales Outstanding
64.5237.9591.1140.791.87K65.3426.2447.5432.171.87K
Days of Inventory outstanding
N/AN/AN/AN/A2.16K200.9863.9515.7163.952.16K
Operating Cycle
64.5237.9591.1140.794.03K266.3290.1963.2571.8940.79
Days of Payables Outstanding
679.98368.3425.0883.42828.1842.1232.8240.4432.82828.18
Cash Conversion Cycle
-615.45-330.3866.02-42.623.20K224.1957.3722.8115.12-42.62
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/A0.030.00N/A0.26N/A
Debt Equity Ratio
N/AN/AN/AN/AN/A0.060.00N/A0.35N/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/A0.04N/A
Total Debt to Capitalization
N/AN/AN/AN/AN/A0.050.00N/A0.05N/A
Interest Coverage Ratio
N/AN/AN/A-82.53-77.19N/AN/AN/A324.82-82.53
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/A15.54103.77N/A4.15N/A
Company Equity Multiplier
1.681.731.281.352.861.741.351.331.352.86
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.65-1.87-2.70-9.557.380.760.25-0.450.26-9.55
Free Cash Flow / Operating Cash Flow Ratio
0.501.171.311.060.960.970.911.220.910.96
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/A15.54103.77N/A4.15N/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/A15.54103.77N/A25.41N/A
Dividend Payout Ratio
-0.29%-0.57%N/AN/AN/AN/AN/AN/AN/AN/A