(DBV) DBV Technologies S.A. - Overview

Sector: Healthcare | Industry: Biotechnology | Exchange: PA (France) | Market Cap: 957m EUR | Total Return: 105.8% in 12m

Immunotherapy Patches, Allergy Treatments, Diagnostic Tests
Total Rating 35
Safety 34
Buy Signal -0.39
Biotechnology
Industry Rotation: -8.2
Market Cap: 1.11B
Avg Turnover: 2.32M
Risk 3d forecast
Volatility48.9%
VaR 5th Pctl7.23%
VaR vs Median-11.5%
Reward TTM
Sharpe Ratio1.18
Rel. Str. IBD83.7
Rel. Str. Peer Group62.7
Character TTM
Beta-0.083
Beta Downside-0.865
Hurst Exponent0.568
Drawdowns 3y
Max DD86.72%
CAGR/Max DD-0.03
CAGR/Mean DD-0.05
EPS (Earnings per Share) EPS (Earnings per Share) of DBV over the last years for every Quarter: "2021-03": -0.89, "2021-06": -0.94, "2021-09": -0.76, "2021-12": -0.23, "2022-03": -0.57, "2022-06": -0.68, "2022-09": -0.37, "2022-12": -0.18, "2023-03": -0.4, "2023-06": -0.47, "2023-09": -0.32, "2023-12": -0.1081, "2024-03": -0.52, "2024-06": -0.34, "2024-09": -0.2881, "2024-12": -0.2151, "2025-03": -0.2507, "2025-06": -0.13, "2025-09": -0.1, "2025-12": -0.1, "2026-03": -0.095,
Last SUE: -0.52
Qual. Beats: 0
Revenue Revenue of DBV over the last years for every Quarter: 2021-03: 2.941, 2021-06: -1.488, 2021-09: 1.323, 2021-12: 5.708, 2022-03: 2.546, 2022-06: 1.529, 2022-09: 2.074, 2022-12: -1.304, 2023-03: 2.194, 2023-06: 2.288, 2023-09: 2.4, 2023-12: 8.875, 2024-03: 1.407, 2024-06: 1.161, 2024-09: 1.072, 2024-12: 0.511, 2025-03: 0.753, 2025-06: 2.217, 2025-09: 0, 2025-12: 3.419, 2026-03: 0,
Rev. CAGR: -24.14%
Rev. Trend: -43.3%
Last SUE: -1.09
Qual. Beats: -1

Warnings

Share dilution 317.4% YoY

Interest Coverage Ratio -263.7 is critical

Altman Z'' -15.00 < 1.0 - financial distress zone

Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: DBV DBV Technologies S.A.

DBV Technologies S.A. is a clinical-stage biopharmaceutical firm based in France specializing in epicutaneous immunotherapy. The company utilizes its proprietary Viaskin technology platform to deliver allergens through the skin to desensitize patients, focusing primarily on food allergies such as peanut and cows milk protein. Its lead candidate, Viaskin Peanut, has completed Phase 3 trials, while Viaskin Milk remains in Phase 1/2 development.

The biotechnology sector often involves high research and development costs and lengthy regulatory approval processes before commercialization. DBV operates on a platform-based business model, allowing it to apply its patch technology across multiple indications, including celiac disease and diagnostic tools developed in collaboration with partners like Nestlé Health Science. Examining the technical analysis on ValueRay can provide further context for your investment thesis. This approach aims to address the underlying causes of allergies rather than merely managing acute symptoms.

Headlines to Watch Out For
  • FDA regulatory approval timeline for Viaskin Peanut patch drives valuation
  • Clinical trial data readouts for Viaskin Milk determine pipeline expansion
  • Cash runway and potential capital raises impact near-term share dilution
  • Strategic partnership with Nestlé Health Science influences commercialization scale
  • Success of epicutaneous immunotherapy platform validates long-term technology moat
Piotroski VR-10 (Strict) 0.5
Net Income: -167.7m TTM > 0 and > 6% of Revenue
FCF/TA: -0.57 > 0.02 and ΔFCF/TA 121.8 > 1.0
NWC/Revenue: 3.46k% < 20% (prev -321.3%; Δ 3.78k% < -1%)
CFO/TA -0.57 > 3% & CFO -151.1m > Net Income -167.7m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 4.76 > 1.5 & < 3
Outstanding Shares: last quarter (428.3m) vs 12m ago 317.4% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 3.56% > 50% (prev 6.92%; Δ -3.36% > 0%)
Interest Coverage Ratio: -263.7 > 6 (EBITDA TTM -158.2m / Interest Expense TTM 648k)
Altman Z'' -15.00
A: 0.73 (Total Current Assets 246.7m - Total Current Liabilities 51.8m) / Total Assets 266.4m
B: -1.65 (Retained Earnings -440.7m / Total Assets 266.4m)
C: -1.08 (EBIT TTM -170.9m / Avg Total Assets 158.5m)
D: -7.12 (Book Value of Equity -416.6m / Total Liabilities 58.5m)
Altman-Z'' = -15.32 = D
Beneish M -3.31
DSRI: 0.76 (Receivables 15.1m/12.3m, Revenue 5.64m/3.50m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.21 (AQ_t 0.02 / AQ_t-1 0.10)
SGI: 1.61 (Revenue 5.64m / 3.50m)
TATA: -0.06 (NI -167.7m - CFO -151.1m) / TA 266.4m)
Beneish M = -3.31 (Cap -4..+1) = AA
What is the price of DBV shares?

As of May 24, 2026, the stock is trading at EUR 3.20 with a total of 549,214 shares traded.
Over the past week, the price has changed by -5.07%, over one month by -5.07%, over three months by -10.99% and over the past year by +105.82%.

Is DBV a buy, sell or hold?

DBV Technologies S.A. has no consensus analysts rating.

DBV Technologies S.A. (DBV) - Fundamental Data Overview as of 21 May 2026
Market Cap USD = 1.11b (957.4m EUR * 1.1625 EUR.USD)
Market Cap USD = 1.11b (957.4m EUR * 1.1625 EUR.USD)
P/S = 166.911
P/B = 5.3389
Revenue TTM = 5.64m USD
EBIT TTM = -170.9m USD
EBITDA TTM = -158.2m USD
Long Term Debt = 5.41m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 12.2m USD (from shortTermDebt, last quarter)
Debt = 6.10m USD (from shortLongTermDebtTotal, last quarter) (leases 6.10m already included)
Net Debt = -223.1m USD (calculated: Debt 6.10m - CCE 229.2m)
Enterprise Value = 889.9m USD (1.11b + Debt 6.10m - CCE 229.2m)
Interest Coverage Ratio = -263.7 (Ebit TTM -170.9m / Interest Expense TTM 648k)
EV/FCF = -5.85x (Enterprise Value 889.9m / FCF TTM -152.1m)
FCF Yield = -17.09% (FCF TTM -152.1m / Enterprise Value 889.9m)
 FCF Margin = -2.70k% (FCF TTM -152.1m / Revenue TTM 5.64m)
 Net Margin = -2.98k% (Net Income TTM -167.7m / Revenue TTM 5.64m)
 Gross Margin = unknown ((Revenue TTM 5.64m - Cost of Revenue TTM 18.3m) / Revenue TTM)
 Tobins Q-Ratio = 3.34 (Enterprise Value 889.9m / Total Assets 266.4m)
Interest Expense / Debt = 10.62% (Interest Expense 648k / Debt 6.10m)
Taxrate = 21.0% (US default 21%)
NOPAT = -135.0m (EBIT -170.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.76 (Total Current Assets 246.7m / Total Current Liabilities 51.8m)
Debt / Equity = 0.03 (Debt 6.10m / totalStockholderEquity, last quarter 208.0m)
 Debt / EBITDA = 1.41 (negative EBITDA) (Net Debt -223.1m / EBITDA -158.2m)
 Debt / FCF = 1.47 (negative FCF - burning cash) (Net Debt -223.1m / FCF TTM -152.1m)
 Total Stockholder Equity = 129.0m (last 4 quarters mean from totalStockholderEquity)
 RoA = -105.8% (out of range, set to none)
 RoE = -29.44% (Net Income TTM -167.7m / Total Stockholder Equity 569.7m)
RoCE = -29.72% (EBIT -170.9m / Capital Employed (Equity 569.7m + L.T.Debt 5.41m))
 RoIC = -66.68% (negative operating profit) (NOPAT -135.0m / Invested Capital 202.5m)
 WACC = 5.70% (E(1.11b)/V(1.12b) * Re(5.69%) + D(6.10m)/V(1.12b) * Rd(10.62%) * (1-Tc(0.21)))
Discount Rate = 5.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 69.01 | Cagr: 94.31%
 [DCF] Fair Price = unknown (Cash Flow -152.1m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.52 | # QB: 0
Revenue Correlation: -43.25 | Revenue CAGR: -24.14% | SUE: -1.09 | # QB: -1
EPS current Quarter (2026-06-30): EPS=-0.09 | Chg30d=+18.27% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.08 | Chg30d=+10.47% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.20 | Chg30d=N/A | Revisions=+20% | GrowthEPS=+56.5% | GrowthRev=-24.3%
EPS next Year (2027-12-31): EPS=-0.08 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+57.6% | GrowthRev=+2025.4%