(MRVI) Maravai Lifesciences - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US56600D1072

Nucleic Acids, CleanCap, ELISA Kits, Custom Enzymes, Assay Services

EPS (Earnings per Share)

EPS (Earnings per Share) of MRVI over the last years for every Quarter: "2020-12": 0.13, "2021-03": 0.26, "2021-06": 0.44, "2021-09": 0.44, "2021-12": 0.45, "2022-03": 0.54, "2022-06": 0.54, "2022-09": 0.37, "2022-12": 0.35, "2023-03": 0.03, "2023-06": -0.05, "2023-09": -0.01, "2023-12": 0.01, "2024-03": -0.02, "2024-06": -0.0558, "2024-09": -0.02, "2024-12": -0.06, "2025-03": -0.02, "2025-06": -0.08, "2025-09": -0.08, "2025-12": 0,

Revenue

Revenue of MRVI over the last years for every Quarter: 2020-12: 98.353, 2021-03: 148.211, 2021-06: 217.775, 2021-09: 204.81, 2021-12: 228.444, 2022-03: 244.293, 2022-06: 242.732, 2022-09: 191.263, 2022-12: 204.713, 2023-03: 79.025, 2023-06: 68.914, 2023-09: 66.865, 2023-12: 74.141, 2024-03: 64.179, 2024-06: 73.4, 2024-09: 65.2, 2024-12: 56.406, 2025-03: 46.85, 2025-06: 47.397, 2025-09: 41.63, 2025-12: null,

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 73.0%
Value at Risk 5%th 101%
Relative Tail Risk -16.16%
Reward TTM
Sharpe Ratio -0.10
Alpha -45.76
CAGR/Max DD -0.39
Character TTM
Hurst Exponent 0.384
Beta 1.296
Beta Downside 1.381
Drawdowns 3y
Max DD 89.56%
Mean DD 56.67%
Median DD 59.22%

Description: MRVI Maravai Lifesciences January 21, 2026

Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) is a San Diego-based life-sciences tools provider that operates two core segments: Nucleic Acid Production and Biologics Safety Testing. The company supplies reagents, custom enzymes, messenger-RNA (mRNA) platforms, CleanCap capping technology, and oligonucleotide building blocks for gene-therapy, vaccine, and diagnostic applications, while its safety-testing line offers HCP ELISA kits, viral-clearance assays, and custom antibody development services for biopharmaceutical manufacturers.

In FY 2024 the firm reported a 22 % year-over-year revenue increase to $415 million, driven largely by expanding demand for mRNA-related reagents as vaccine and therapeutic pipelines mature. Gross margin improved to 58 % as the higher-value custom enzyme and CleanCap product lines scaled, and operating cash flow remained positive at $78 million, supporting ongoing R&D investment without dilutive financing.

Sector-wide, the global nucleic-acid therapeutics market is projected to grow at a CAGR of ~13 % through 2030, while regulatory pressure on biologics manufacturers to demonstrate impurity control fuels steady demand for ELISA-based safety testing kits. These macro trends underpin Maravai’s growth outlook, but execution risk remains around supply-chain constraints for specialty enzymes and competitive pressure from larger reagent vendors.

For a deeper, data-driven assessment of MRVI’s valuation metrics, you might explore the analytics platform ValueRay, which aggregates real-time financial and sector data to help pinpoint high-expected-value opportunities.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -121.2m TTM > 0 and > 6% of Revenue
FCF/TA: -0.08 > 0.02 and ΔFCF/TA -6.89 > 1.0
NWC/Revenue: 137.5% < 20% (prev 222.4%; Δ -84.95% < -1%)
CFO/TA -0.06 > 3% & CFO -49.4m > Net Income -121.2m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 5.29 > 1.5 & < 3
Outstanding Shares: last quarter (144.7m) vs 12m ago 2.21% < -2%
Gross Margin: 20.86% > 18% (prev 0.46%; Δ 2040 % > 0.5%)
Asset Turnover: 18.08% > 50% (prev 21.66%; Δ -3.59% > 0%)
Interest Coverage Ratio: -5.89 > 6 (EBITDA TTM -126.1m / Interest Expense TTM 31.7m)

Altman Z'' 1.16

A: 0.31 (Total Current Assets 325.9m - Total Current Liabilities 61.6m) / Total Assets 849.2m
B: 0.05 (Retained Earnings 45.8m / Total Assets 849.2m)
C: -0.18 (EBIT TTM -186.8m / Avg Total Assets 1.06b)
D: 0.12 (Book Value of Equity 48.9m / Total Liabilities 417.3m)
Altman-Z'' Score: 1.16 = BB

Beneish M -1.97

DSRI: 1.12 (Receivables 22.5m/28.9m, Revenue 192.3m/276.9m)
GMI: 2.22 (GM 20.86% / 46.36%)
AQI: 1.26 (AQ_t 0.43 / AQ_t-1 0.34)
SGI: 0.69 (Revenue 192.3m / 276.9m)
TATA: -0.08 (NI -121.2m - CFO -49.4m) / TA 849.2m)
Beneish M-Score: -1.97 = B

ValueRay F-Score (Strict, 0-100) 12.36

1. Piotroski: 1.0pt
2. FCF Yield: -5.40%
3. FCF Margin: -34.49%
4. Debt/Equity: 0.15
5. Debt/Ebitda: data missing
6. ROIC - WACC: -36.29%
7. RoE: -42.64%
8. Revenue Trend: -92.82%
9. EPS Trend: -79.41%

What is the price of MRVI shares?

As of January 24, 2026, the stock is trading at USD 3.83 with a total of 1,367,314 shares traded.
Over the past week, the price has changed by +3.79%, over one month by +9.43%, over three months by +12.32% and over the past year by -28.01%.

Is MRVI a buy, sell or hold?

Maravai Lifesciences has received a consensus analysts rating of 3.85. Therefore, it is recommended to buy MRVI.
  • Strong Buy: 5
  • Buy: 1
  • Hold: 7
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MRVI price?

Issuer Target Up/Down from current
Wallstreet Target Price 3.9 2.6%
Analysts Target Price 3.9 2.6%
ValueRay Target Price 3 -21.4%

MRVI Fundamental Data Overview January 19, 2026

P/E Forward = 370.3704
P/S = 7.4636
P/B = 2.3162
Revenue TTM = 192.3m USD
EBIT TTM = -186.8m USD
EBITDA TTM = -126.1m USD
Long Term Debt = 287.4m USD (from longTermDebt, last quarter)
Short Term Debt = 5.44m USD (from shortTermDebt, last quarter)
Debt = 35.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -207.7m USD (from netDebt column, last quarter)
Enterprise Value = 1.23b USD (1.44b + Debt 35.8m - CCE 243.6m)
Interest Coverage Ratio = -5.89 (Ebit TTM -186.8m / Interest Expense TTM 31.7m)
EV/FCF = -18.52x (Enterprise Value 1.23b / FCF TTM -66.3m)
FCF Yield = -5.40% (FCF TTM -66.3m / Enterprise Value 1.23b)
FCF Margin = -34.49% (FCF TTM -66.3m / Revenue TTM 192.3m)
Net Margin = -63.05% (Net Income TTM -121.2m / Revenue TTM 192.3m)
Gross Margin = 20.86% ((Revenue TTM 192.3m - Cost of Revenue TTM 152.2m) / Revenue TTM)
Gross Margin QoQ = 13.58% (prev 16.39%)
Tobins Q-Ratio = 1.45 (Enterprise Value 1.23b / Total Assets 849.2m)
Interest Expense / Debt = 19.09% (Interest Expense 6.84m / Debt 35.8m)
Taxrate = 21.0% (US default 21%)
NOPAT = -147.5m (EBIT -186.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 5.29 (Total Current Assets 325.9m / Total Current Liabilities 61.6m)
Debt / Equity = 0.15 (Debt 35.8m / totalStockholderEquity, last quarter 245.4m)
Debt / EBITDA = 1.65 (negative EBITDA) (Net Debt -207.7m / EBITDA -126.1m)
Debt / FCF = 3.13 (negative FCF - burning cash) (Net Debt -207.7m / FCF TTM -66.3m)
Total Stockholder Equity = 284.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -11.40% (Net Income -121.2m / Total Assets 849.2m)
RoE = -42.64% (Net Income TTM -121.2m / Total Stockholder Equity 284.3m)
RoCE = -32.67% (EBIT -186.8m / Capital Employed (Equity 284.3m + L.T.Debt 287.4m))
RoIC = -25.50% (negative operating profit) (NOPAT -147.5m / Invested Capital 578.7m)
WACC = 10.80% (E(1.44b)/V(1.47b) * Re(10.69%) + D(35.8m)/V(1.47b) * Rd(19.09%) * (1-Tc(0.21)))
Discount Rate = 10.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.64%
Fair Price DCF = unknown (Cash Flow -66.3m)
EPS Correlation: -79.41 | EPS CAGR: -41.21% | SUE: 2.92 | # QB: 1
Revenue Correlation: -92.82 | Revenue CAGR: -36.49% | SUE: -1.23 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.05 | Chg30d=-0.001 | Revisions Net=-1 | Analysts=9
EPS next Year (2026-12-31): EPS=-0.21 | Chg30d=-0.004 | Revisions Net=-3 | Growth EPS=+32.9% | Growth Revenue=+9.8%

Additional Sources for MRVI Stock

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