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Friday 6 November 2026 Export ROIV’s income statement to Excel — free account

Roivant Sciences Ltd.

ROIV Healthcare Biotechnology

Roivant Sciences Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $8.3 million, down 71.6% from fiscal 2025.

Revenue
−33.6%
EPS
+21.2%
Free cash flow
−30.0%

Quarter to June 2026, against a year earlier

39.01 2.39 +6.53%
Market cap
$26.5B
P/E
0.0×
Fwd P/E
−27.7×
Dividend yield
—
F-score
2/9
Altman Z
28.31
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Roivant Sciences Ltd. (ROIV) valuation and DCF model

What the price implies · reverse DCF

At $39.01 the price implies the cash flow shrinking by more than 20% a year.

The headline discounts the last twelve months’ free cash flow after share-based pay at 9.0% for ten years and grows it 2.5% a year after that, the same for every company, so the figure compares across the market (how a reverse DCF works).

The other way round · DCF
Its base case
−10.0% a year for five years, then −6.0%
$1.36
96.5% below today’s price

Both are growth in revenue, discounted at 9.0%, with 2.5% a year after year ten.

Base case on its own ten-year record Roivant Sciences Ltd.’s own growth, carried forward

Its assumptions

Powerpack lets you start from a scenario and type over any of them.

The base case’s inputs, which Powerpack lets you change
1 · Revenue and margin
the four quarters to June 2026, from the 10-Q and 10-K filings

Yearly growth in revenue. It usually slows as the company matures.

2 · Rates

Cost of equity is the yearly return shareholders require, typically 8–11%. Terminal growth is growth forever after year 10, usually near long-run inflation, 2–3%.

3 · Per share

Diluted shares outstanding. Net debt, under Advanced inputs, is taken off before dividing.

Advanced inputs
Free cash flow Revenue and margin
negative is net cash
new shares the cash flow does not pay for

Against Roivant Sciences Ltd.’s own cost of capital: risk-free 4.3% + beta 1.20 × equity premium 4.5% = 9.7% cost of equity; weighted, 9.7%.

Use 9.7%
Equity value $992.57m ▼ below market cap $28.38b
Base case value per share $1.36 equity value ÷ 727.72m shares
Current price $39.01 market price per share
Below today’s price 96.5% downside at the base case’s assumptions

How we got there$(2.85b) 10 years of cash to equity+$2.17m terminal value+$3.84b net cash=$992.57m equity value÷727.72m shares=$1.36 per share

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Biotechnology).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E — 1.93× 1.93× — 10.26× —
P/B 5.40× 3.00× 2.81× 92% above 2.05× 163% above
EV/EBITDA — 0.47× 0.47× — 0.65× —
EV/Sales 3,061.16× 1,027.59× 762.98× 301% above 8.98× 33998% above
P/B EV/Sales
1.73×2.85×3.98×5.11×10Y avg 2.81×2021202220232024202520262026

ROIV trades at 5.40× P/B, against a 10-year average of 2.81× (range 1.27×–5.40×). That is dearer than 100% of the last 6 year-end readings; re-rating to the average implies $20.30 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.