NKGen Biotech, Inc.

NKGN Healthcare Biotechnology

NKGen Biotech, Inc.’s revenue for fiscal 2022 (year ended December 2022) was $77,000.00.

EPS
+232.0%
Free cash flow
+28.7%

Quarter to March 2025, against a year earlier

0.01 0.00 0.00%
Market cap
$8.8M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
−10.19
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 39.12%

Capital & Financial Ratios $m

Size
Market Cap 8.76
Revenue ttm —
Net income ttm (23.55)
Free cash flow ttm (19.75)
Net debt Q 29.55
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 0.05 (below 1: weak)
Debt / equity Q (0.59) (negative: negative equity)
Interest coverage Q (9.17)
Growth
Revenue growth Q —
Operating income growth Q +38.77% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A —

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

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2022 2023 2024 Q'25
Cash 0 0 0 0
Receivables 0 — — —
Inventory — — — —
Other — — — —
0 2 2 2
2022 2023 2024 Q'25
Payables 3 13 16 17
ST’ Debt 12 — 33 18
Other 0 16 0 0
15 39 58 44

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

EPS $

Mar Jun Sep Dec Year
’26 (0.04) — — — —
’24 (0.25) (0.67) 0.15 (0.95) (1.54)
’23 (0.63) (0.59) (2.48) (1.55) (5.38)
’22 0.09 0.04 (1.10) — (4.21)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) — — — —
’24 (4) (6) (4) (7) (21)
’23 (5) (6) (5) (7) (22)
’22 0 0 (17) (5) (23)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) — — — —
’24 (4) (6) (4) (7) (21)
’23 (5) (6) (5) (7) (22)
’22 0 0 (17) (5) (23)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Mar ’25 Trend 10 yrs 2025e 2026e 2027e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — 0 — — — — — — — —
Gross margin, % — — — — — — — 76.62 — — — —
EBT — — — — — — (1) (27) (83) (44) (24) +254.8%
EBT margin, % — — — — — — 0.00 (34,736.36) 0.00 0.00 0.00 0.0 pt
Net income — — 0 — — — (1) (27) (83) (44) (24) n/m
Per share, $
Per share, $ Revenue — — — — — — 0.00 0.01 0.00 0.00 0.00 n/m
Earnings — — — — — — (0.06) (4.21) (5.38) (1.54) (1.06) +198.8%
Cash flow — — — — — — (0.10) (3.55) (1.42) (0.72) (0.43) +92.8%
Capex — — — — — — 0.00 (0.03) 0.00 0.00 0.00 n/m
Free cash flow — — — — — — (0.10) (3.57) (1.43) (0.72) (0.43) +92.9%
Book value — — — — — — (0.72) 0.25 (3.80) (2.42) (1.10) +49.7%
Shares, m — — — — — — 15 6 15 29 32 +24.1%
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 — — 0.00 —
P/S — — — — — — — 0.00 — — 0.00 —
P/B — — — — — — — 40.46 — — 0.00 —
EV/Sales — — — — — — — 0.00 — — 0.00 —
EV/FCF — — — — — — — (3.32) — — (1.52) —
Cash, $m
Cash, $m Operating cash flow — — — — — — (2) (23) (22) (21) (20) +139.3%
Capex — — — — — — — 0 0 0 0 (71.8%)
Free cash flow — — — — — — (2) (23) (22) (21) (20) +139.4%
Balance, $m
Balance, $m Working capital — — — — — — 1 (14) (38) (56) (42) n/m
Net debt — — — — — — (2) 12 10 43 30 n/m
Shareholders’ equity — — — — — — (11) 2 (59) (70) (50) +85.8%
Returns, %
Returns, % ROA — — — — — — (1.14) (28.09) (505.65) (270.76) (146.49) (269.6) pt
ROIC — — — — — — 0.00 (116.15) 0.00 0.00 0.00 0.0 pt
ROE — — — — — — 0.00 573.40 290.40 68.87 44.70 +68.9 pt
People
People Employees — — — — — — 6 4 63 26 — +63.0%
Revenue/emp, $m — — — — — — 0.00 0.02 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2022 · latest quarter Dec 2022 · fundamentals updated 26 Oct 2026

NKGen Biotech, 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
AEON AEON Biopharma, Inc. $9.4M — (loss-making) — — n/m −76.85% (below 0%: shrinking) — 0.00% Compare
PHIO Phio Pharmaceuticals Corp. $9.3M — (loss-making) — (loss-making) −8.70% (below 0%: shrinking) n/m −58.67% (below 0%: shrinking) 0.00% 0.00% Compare
MBRX Moleculin Biotech, Inc. $9.2M 0.0× — — n/m −19.26% (below 0%: shrinking) 0.00% 0.00% Compare
CURX Curanex Pharmaceuticals Inc $9.1M — (loss-making) — — n/m −272.32% (below 0%: shrinking) — 0.00% Compare
CMMB Chemomab Therapeutics Ltd. Sponsored ADR $9.1M — (loss-making) — — n/m +47.89% (above 0%: growing) 0.00% 0.00% Compare
CALC CalciMedica Inc. $8.9M — (loss-making) — — n/m +31.42% (above 0%: growing) 0.00% 0.00% Compare
BLRX BioLineRx Ltd. $8.8M — (loss-making) — (loss-making) −3.29% (below 0%: shrinking) n/m −1,827.71% (below 0%: shrinking) 79.93% (1,215.31%) Compare
LEXX Lexaria Bioscience Corp. $8.8M — (loss-making) — (loss-making) −89.12% (below 0%: shrinking) n/m +53.90% (above 0%: growing) 100.00% 0.00% Compare
NKGN NKGen Biotech, Inc. $8.8M — (loss-making) — — n/m +28.68% (above 0%: growing) 100.00% 0.00%
Median of peers $9.1M — — −8.70% — −38.96% 0.00% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 3 February 2025

Ownership

Directors and executive officers, together 10.36%
NKMAX Co., Ltd. 26.01%
BDW Investments LLC 11.21%
CFIC-2015 NV Family Investments, LLC 8.86%
Meteora Entities 8.10%
Graf Acquisition Partners IV LLC 7.26%
James A. Graf 6.92%
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

NKGen Biotech, Inc. (NKGN) Latest News

3 Dec

Impact 3 · · GlobeNewswireGuruFocus.comSimply Wall St.Insider MonkeyMT NewswiresMotley FoolSimply Wall St.Motley Fool

2 Dec

Impact 4 · · GlobeNewswire
stockrow.com/NKGN · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com