Decoy Therapeutics Inc

DCOY Healthcare Biotechnology

Revenue
−84.6%
EPS
+94.5%
Free cash flow
−212.5%

Quarter to June 2026, against a year earlier

1.13 0.01 +0.89%
Market cap
$2.7M
P/E
0.0×
Fwd P/E
−2.5×
Dividend yield
—
F-score
4/9
Altman Z
4.56
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.00
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 1 — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 2.67
Revenue ttm 2.07
Net income ttm (14.45)
Free cash flow ttm (8.94)
Net debt Q (8.29)
Valuation
P/E 0.00
Forward P/E (2.45) (negative: loss-making)
Price / sales 0.29
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.14
Financial health
Current ratio Q 1.83 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q −84.61% (below 0%: shrinking)
Operating income growth Q −148.90% (below 0%: shrinking)
EPS, this year +77.55% (at or above 15%: strong)
EPS, next year A −48.48% (below 0%: weak)
Revenue, next year A −100.00% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +80.05% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 3.85%
10-year low 10-year high
P/B against its own 10 years 1.73%
10-year low 10-year high
EV/FCF against its own 10 years 65.68%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 6 2 11 8
Receivables — — — —
Inventory — — — —
Other — — — —
7 3 11 9
2023 2024 2025 Q'26
Payables 1 1 1 1
ST’ Debt — — — —
Other — — 0 —
1 2 5 5

Compound Annual Growth %

10y 5y 3y
Sales — 12.73% (1.94%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (24.05%) (23.28%) (17.23%)

EPS $

Mar Jun Sep Dec Year
’26 (4.18) (4.46) — — —
’25 (184.93) (81.21) (21.77) (27.48) (129.10)
’24 (588.86) (427.02) (136.50) (182.70) (1.04k)
’23 (3.22k) (2.06k) (937.03) (302.09) (5.53k)
’22 (4.75k) (3.17k) (9.23k) (4.06k) (21.42k)
’21 (2.18k) (2.47k) (3.00k) (3.26k) (11.11k)
’20 (7.87k) (4.60k) (3.44k) (3.73k) (17.91k)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — 0 — — —
’21 1 1 — 0 2
’20 1 1 1 1 5
’19 1 1 1 1 3
’18 0 0 0 1 2
’17 0 0 0 0 1
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (3) — — —
’25 (1) (1) (2) (1) (5)
’24 (1) (1) (1) (1) (5)
’23 (3) (4) (4) (2) (13)
’22 (4) (4) (6) (5) (18)
’21 (3) (3) (2) (3) (10)
’20 (4) (2) (3) (1) (10)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (3) — — —
’25 (1) (1) (2) (2) (5)
’24 (1) (1) (1) (1) (5)
’23 (3) (4) (4) (2) (13)
’22 (5) (4) (6) (5) (19)
’21 (3) (3) (2) (3) (10)
’20 (4) (2) (3) (1) (10)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1 1 2 3 5 2 — — — — 2 +12.7% — — — —
Gross margin, % 34.42 60.26 100.00 100.00 100.00 100.00 0.00 — — — 10.57 (34.4) pt
EBT (39) (34) (2) (7) (7) (13) (32) (13) (6) (13) (14) (12.0%)
EBT margin, % (3,907.50) (2,701.74) (85.56) (200.18) (140.49) (693.85) 0.00 0.00 0.00 0.00 (698.79) +3,907.5 pt
Net income (39) (34) (2) (7) (7) (13) (32) (13) (6) (13) (14) (12.0%)
Per share, $
Per share, $ Revenue 56,025.50 66,449.43 45,636.11 38,161.89 12,093.40 1,601.50 0.00 0.00 0.00 0.00 3.89 n/m
Earnings (2,189,467.96) (1,795,434.88) (41,940.30) (76,394.78) (17,906.17) (11,111.92) (21,424.00) (5,532.49) (1,043.06) (129.10) (57.89) (66.1%)
Cash flow (1,776,723.95) (1,445,370.18) 97,689.43 (127,534.14) (23,828.16) (8,877.07) (11,926.19) (5,666.31) (846.55) (49.78) (15.65) (68.8%)
Capex (30,715.08) (5,641.29) 112.25 0.00 (6.01) 0.00 (1,016.71) 0.00 0.00 (5.95) (1.16) (61.3%)
Free cash flow (1,807,439.02) (1,451,011.47) 97,801.68 (127,534.14) (23,834.17) (8,877.07) (12,942.89) (5,666.31) (846.55) (55.73) (16.81) (68.5%)
Book value 3,288,104.21 1,517,513.03 (29,726.38) 116,529.74 51,206.73 33,700.01 7,038.74 2,332.19 282.79 60.73 8.12 (70.2%)
Shares, m 0 0 0 0 0 0 0 0 0 0 0 +159.7%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 — — — — 0.00 0.0
P/S 0.00 49.28 8.17 4.45 3.63 6.77 — — — — 0.29 12.0
P/B 1.50 2.16 0.00 1.46 0.86 0.58 — — — — 0.14 1.1
EV/Sales 0.00 23.13 5.03 3.59 1.59 (1.89) — — — — (3.49) 5.2
EV/FCF (0.86) (1.06) 2.35 (1.07) (0.81) 0.61 — — — — 0.69 (0.1)
Cash, $m
Cash, $m Operating cash flow (32) (28) 4 (12) (10) (10) (18) (13) (5) (5) (8) (19.0%)
Capex (1) 0 0 — 0 — (1) — — (1) (1) +0.5%
Free cash flow (33) (28) 4 (12) (10) (10) (19) (13) (5) (5) (9) (18.1%)
Balance, $m
Balance, $m Working capital 59 29 (2) 1 14 28 10 5 1 6 4 (22.6%)
Net debt (61) (33) (6) (4) (11) (29) (12) (6) (2) (11) (8) (17.6%)
Shareholders’ equity 59 29 (1) 11 22 39 10 5 2 6 4 (22.6%)
Returns, %
Returns, % ROA (49.90) (70.12) (8.62) (67.64) (39.91) (38.83) (113.93) (118.12) (116.05) (177.82) (278.04) (127.9) pt
ROIC 0.00 0.00 0.00 (75.50) (42.25) (84.22) 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE (52.13) (77.88) (12.89) (149.01) (47.33) (41.94) (128.73) (160.07) (164.02) (338.31) (827.77) (286.2) pt
People
People Employees 31 22 4 7 10 16 12 2 2 11 — (10.9%)
Revenue/emp, $m 0.03 0.06 0.49 0.50 0.52 0.12 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2021 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Decoy Therapeutics Inc vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KALA KALA BIO, Inc. $3.0M — (loss-making) — (loss-making) −86.31% (below 0%: shrinking) n/m +80.19% (above 0%: growing) 0.00% 0.00% Compare
BCAB BioAtla, Inc. $2.9M — (loss-making) — (loss-making) +4,233.33% (above 0%: growing) n/m +97.03% (above 0%: growing) 100.00% 3.49% Compare
JUNS Jupiter Neurosciences, Inc. $2.8M — (loss-making) — — n/m −177.06% (below 0%: shrinking) 87.19% (11,334.30%) Compare
AFMDQ Affimed N.V. $2.8M — (loss-making) — (loss-making) −92.02% (below 0%: shrinking) n/m +46.95% (above 0%: growing) 100.00% (9,216.90%) Compare
DCOY Decoy Therapeutics Inc $2.7M — (loss-making) — (loss-making) −84.61% (below 0%: shrinking) n/m −212.47% (below 0%: shrinking) 100.00% (1,055.98%)
NRSN NeuroSense Therapeutics Ltd. $2.6M — (loss-making) — — n/m −23,458.82% (below 0%: shrinking) — 0.00% Compare
EOCN Eocene Ltd. $2.6M — (loss-making) — (loss-making) −100.00% (below 0%: shrinking) n/m −67.74% (below 0%: shrinking) 0.00% 0.00% Compare
BIORQ Biora Therapeutics, Inc. $2.5M — (loss-making) — (loss-making) +1,500.00% (above 0%: growing) n/m +20.72% (above 0%: growing) 100.00% (50,709.38%) Compare
CLDI Calidi Biotherapeutics, Inc. $2.5M — (loss-making) — — n/m +11.16% (above 0%: growing) — 0.00% Compare
Median of peers $2.7M — — −86.31% — +15.94% 93.60% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 4 August 2026

Ownership

Directors and executive officers, together 1.50%
CVI Investments, Inc. 9.99%
Armistice Capital Master Fund Ltd. 9.86%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Decoy Therapeutics Inc (DCOY) Latest News

5 Mar

14 Nov

Impact 3 · · Associated Press FinanceMT NewswiresAssociated Press FinanceAssociated Press Finance

13 Nov

12 Nov

Impact 3 · · Associated Press Finance

13 Oct

Impact 3 · · GlobeNewswireMT NewswiresMT NewswiresPharmaceutical TechnologyMT NewswiresInsider Monkey

14 Aug

12 Aug

Impact 3 · · Associated Press Finance

29 Jul

Impact 3 · · Associated Press Finance
stockrow.com/DCOY · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com