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CIRCIO HOLDING (CRNA.OL) Stock Fundamental Analysis

Europe - Euronext Oslo - OSL:CRNA - NO0013033795 - Common Stock

1.18 NOK
-0.05 (-4.38%)
Last: 12/18/2025, 7:00:00 PM
Fundamental Rating

1

Taking everything into account, CRNA scores 1 out of 10 in our fundamental rating. CRNA was compared to 83 industry peers in the Biotechnology industry. Both the profitability and financial health of CRNA have multiple concerns. CRNA is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year CRNA was profitable.
CRNA had a negative operating cash flow in the past year.
CRNA had negative earnings in 4 of the past 5 years.
CRNA had a negative operating cash flow in each of the past 5 years.
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's Return On Assets of 451.20% is amongst the best of the industry. CRNA outperforms 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

The Profit Margin and Operating Margin and Gross Margin are not available for CRNA so they could not be analyzed.
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.
The number of shares outstanding for CRNA has been reduced compared to 5 years ago.
The debt/assets ratio for CRNA has been reduced compared to a year ago.
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 -16.52. This is a bad value and indicates that CRNA is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -16.52, CRNA is doing worse than 80.72% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -16.52
ROIC/WACCN/A
WACC5.78%
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

A Current Ratio of 0.50 indicates that CRNA may have some problems paying its short term obligations.
The Current ratio of CRNA (0.50) is worse than 86.75% of its industry peers.
A Quick Ratio of 0.50 indicates that CRNA may have some problems paying its short term obligations.
CRNA has a worse Quick ratio (0.50) than 85.54% 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

1

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

Based on estimates for the next years, CRNA will show a very negative growth in Earnings Per Share. The EPS will decrease by -25.99% on average per year.
CRNA is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -25.99% yearly.
EPS Next Y-109.61%
EPS Next 2Y-41.42%
EPS Next 3Y-25.99%
EPS Next 5YN/A
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y-25.99%
Revenue Next 5YN/A

3.3 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 20M 40M 60M 80M 100M
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

CRNA is valuated cheaply with a Price/Earnings ratio of 0.42.
Compared to the rest of the industry, the Price/Earnings ratio of CRNA indicates a rather cheap valuation: CRNA is cheaper than 98.80% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.26. CRNA is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 0.42
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 0 0 0 0

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 1 2

4.3 Compensation for Growth

CRNA's earnings are expected to decrease with -25.99% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-41.42%
EPS Next 3Y-25.99%

0

5. Dividend

5.1 Amount

No dividends for CRNA!.
Industry RankSector Rank
Dividend Yield 0%

CIRCIO HOLDING

OSL:CRNA (12/18/2025, 7:00:00 PM)

1.18

-0.05 (-4.38%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)08-28 2025-08-28
Earnings (Next)04-08 2026-04-08/amc
Inst Owners0.93%
Inst Owner ChangeN/A
Ins Owners14.47%
Ins Owner ChangeN/A
Market Cap169.48M
Revenue(TTM)N/A
Net Income(TTM)57.52M
Analysts85.71
Price Target3.06 (159.32%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)88.47%
EPS NY rev (3m)88.47%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-100%
Revenue NY rev (3m)-100%
Valuation
Industry RankSector Rank
PE 0.42
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
EY236.44%
EPS(NY)0
Fwd EYN/A
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)-0.33
OCFYN/A
SpS0
BVpS-0.09
TBVpS-0.09
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/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
ROICexgc growth 3YN/A
ROICexgc 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 -16.52
F-Score5
WACC5.78%
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-109.61%
EPS Next 2Y-41.42%
EPS Next 3Y-25.99%
EPS Next 5YN/A
Revenue 1Y (TTM)-100%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y-25.99%
Revenue Next 5YN/A
EBIT growth 1Y57.49%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-255.56%
EBIT Next 3Y-25.99%
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

CIRCIO HOLDING / CRNA.OL FAQ

What is the ChartMill fundamental rating of CIRCIO HOLDING (CRNA.OL) stock?

ChartMill assigns a fundamental rating of 1 / 10 to CRNA.OL.


What is the valuation status for CRNA stock?

ChartMill assigns a valuation rating of 2 / 10 to CIRCIO HOLDING (CRNA.OL). This can be considered as Overvalued.


How profitable is CIRCIO HOLDING (CRNA.OL) stock?

CIRCIO HOLDING (CRNA.OL) has a profitability rating of 1 / 10.


What is the valuation of CIRCIO HOLDING based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CIRCIO HOLDING (CRNA.OL) is 0.42 and the Price/Book (PB) ratio is -13.67.


Can you provide the expected EPS growth for CRNA stock?

The Earnings per Share (EPS) of CIRCIO HOLDING (CRNA.OL) is expected to decline by -109.61% in the next year.