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CIRCIO HOLDING (CRNA.OL) Stock Fundamental Analysis

OSL:CRNA - NO0013033795 - Common Stock

0.634 NOK
+0.03 (+4.28%)
Last: 9/10/2025, 7:00:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to CRNA. CRNA was compared to 70 industry peers in the Biotechnology industry. CRNA has a bad profitability rating. Also its financial health evaluation is rather negative. CRNA does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

CRNA had positive earnings in the past year.
CRNA had a negative operating cash flow in the past year.
CRNA had negative earnings in 4 of the past 5 years.
In the past 5 years CRNA always reported negative operating cash flow.
CRNA.OL Yearly Net Income VS EBIT VS OCF VS FCFCRNA.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M -300M -400M

1.2 Ratios

CRNA has a better Return On Assets (451.20%) than 100.00% of its industry peers.
Industry RankSector Rank
ROA 451.2%
ROE N/A
ROIC N/A
ROA(3y)-202.31%
ROA(5y)-129%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CRNA.OL Yearly ROA, ROE, ROICCRNA.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5K -10K -15K

1.3 Margins

CRNA does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
CRNA.OL Yearly Profit, Operating, Gross MarginsCRNA.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -100K -200K -300K -400K

1

2. Health

2.1 Basic Checks

CRNA does not have a ROIC to compare to the WACC, probably because it is not profitable.
CRNA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CRNA has less shares outstanding
CRNA has a better debt/assets ratio than last year.
CRNA.OL Yearly Shares OutstandingCRNA.OL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
CRNA.OL Yearly Total Debt VS Total AssetsCRNA.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.2 Solvency

CRNA has an Altman-Z score of -19.01. This is a bad value and indicates that CRNA is not financially healthy and even has some risk of bankruptcy.
CRNA has a worse Altman-Z score (-19.01) than 78.57% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -19.01
ROIC/WACCN/A
WACC5.07%
CRNA.OL Yearly LT Debt VS Equity VS FCFCRNA.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M

2.3 Liquidity

CRNA has a Current Ratio of 0.50. This is a bad value and indicates that CRNA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.50, CRNA is not doing good in the industry: 84.29% of the companies in the same industry are doing better.
CRNA has a Quick Ratio of 0.50. This is a bad value and indicates that CRNA is not financially healthy enough and could expect problems in meeting its short term obligations.
CRNA has a worse Quick ratio (0.50) than 81.43% of its industry peers.
Industry RankSector Rank
Current Ratio 0.5
Quick Ratio 0.5
CRNA.OL Yearly Current Assets VS Current LiabilitesCRNA.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

3

3. Growth

3.1 Past

CRNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 117.43%, which is quite impressive.
CRNA shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -100.00%.
EPS 1Y (TTM)117.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-104.92%
Revenue 1Y (TTM)-100%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
CRNA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 48.33% yearly.
EPS Next Y-183.35%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-25.6%
Revenue Next 2Y48.33%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
CRNA.OL Yearly Revenue VS EstimatesCRNA.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2022 2023 2024 2025 2026 50M 100M 150M 200M 250M
CRNA.OL Yearly EPS VS EstimatesCRNA.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2023 2024 2025 0 -20 -40 -60

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 0.23, which indicates a rather cheap valuation of CRNA.
Based on the Price/Earnings ratio, CRNA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.03. CRNA is valued rather cheaply when compared to this.
The Forward Price/Earnings Ratio is negative for CRNA. No positive earnings are expected for the next year.
Industry RankSector Rank
PE 0.23
Fwd PE N/A
CRNA.OL Price Earnings VS Forward Price EarningsCRNA.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 100 150

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
CRNA.OL Per share dataCRNA.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

CRNA does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

CIRCIO HOLDING

OSL:CRNA (9/10/2025, 7:00:00 PM)

0.634

+0.03 (+4.28%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)08-28 2025-08-28
Earnings (Next)N/A N/A
Inst Owners0.16%
Inst Owner ChangeN/A
Ins Owners14.33%
Ins Owner ChangeN/A
Market Cap66.89M
Analysts85.71
Price Target3.06 (382.65%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 0.23
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)2.79
EY440.06%
EPS(NY)-3.8
Fwd EYN/A
FCF(TTM)-0.45
FCFYN/A
OCF(TTM)-0.45
OCFYN/A
SpS0
BVpS-0.12
TBVpS-0.12
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 451.2%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-202.31%
ROA(5y)-129%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.5
Quick Ratio 0.5
Altman-Z -19.01
F-Score5
WACC5.07%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)117.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-104.92%
EPS Next Y-183.35%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-100%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-25.6%
Revenue Next 2Y48.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y57.49%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-109.26%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y59.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y57.3%
OCF growth 3YN/A
OCF growth 5YN/A