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Vericel Corporation (VCEL)

POSITIVE
HealthcareBiotechnologyUnited States

Fundamental

70

Price

$42.91

Market Cap

$2.20B

Part 1 · What the company is worth

Overview

Vericel Corporation, a commercial-stage biopharmaceutical company, engages in the research, development, manufacture, and distribution of cellular therapies and specialty biologic products for sports medicine and severe burn care markets in North America. The company markets autologous cell therapy products comprising MACI, an autologous cultured chondrocytes on porcine collagen membrane for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; Epicel, a permanent skin replacement humanitarian use device for the treatment of adult and pediatric patients with deep-dermal or full-thickness burns; and NexoBrid, a biological orphan product for eschar removal in adults and pediatric patients with deep partial-thickness and/or full-thickness thermal burns. Vericel Corporation was formerly known as Aastrom Biosciences, Inc. and changed its name to Vericel Corporation in November 2014. The company was incorporated in 1989 and is headquartered in Burlington, Massachusetts.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$306M

Trailing 12 months (through 6/30/2026)

Net Income

$24M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$25M

Total Equity

$355M

Total Liabilities

$133M

Current Ratio

5.04

Interest Coverage

28.49

Debt/EBITDA

4.12

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$44.40

Current Price

$42.91

Margin of Safety

+3.4%

Fair Value Range

$30.48 - $58.33

Estimation Methods

Analyst price target:$60.57
Discounted cash flow (DCF):$35.12
Earnings multiple (P/E):$32.40
Graham growth formula:$24.71
Earnings power value (EPV):$2.69
Justified P/B:$4.00
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:Not enough data to compute it
Analyst Consensus:Strong Buy (12B / 2H / 0S)
Last Earnings Surprise:+239.37%

Valuation Metrics

P/E Ratio

88.13

ROE

4.7%

P/B Ratio

5.85

P/FCF

35.13

Gross Margin

74.6%

ROIC

3.2%

Profitability Radar

Value Creation (Economic Moat)

ROIC

3.2%

WACC

9.8%

ROIC − WACC

-6.6 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (19)

  • EPS shows upward trend
  • Price CAGR 30.41%
  • Gross Margin 74.6%
  • Debt/Equity ratio
  • Operating Margin 6.0%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Revenue Growth 5Y 17.3%
  • Analyst Consensus 86% Buy
  • Earnings Surprise avg 484.8%
  • Earnings Quality (OCF/NI) 2.88
  • Share Dilution -0.4%
  • Net Margin Trend 7.9% vs 2.9%
  • Piotroski F-Score 9/9

Failed (7)

  • ROIC 3.2%
  • P/FCF 35.13
  • P/B Ratio 5.85
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • ROE 6.9%
  • PEG Ratio 2.40

Unavailable (1)

  • Dividend Payout NaN%

Piotroski F-Score

9/9

Strong financial health

score
criteria

Earnings Quality

2.88

High quality: earnings backed by cash

Share Dilution

-0.4%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Dominick C. Colangelo Esq.CEO, President & Director61
Mr. Joseph Anthony Mara Jr.CFO & Treasurer49
Mr. Michael HalpinChief Operating Officer63
Mr. Sean C. FlynnChief Legal Officer51
Dr. Jonathan M. Hopper FRCSEd., M.B. Ch.B.Chief Medical Officer63
Mr. Jonathan D. SiegalPrincipal Accounting Officer, VP & Corporate Controller-
Mr. Eric BurnsVice President of Finance & Investor Relations-
Mr. Roland DeAngelisChief Marketing Officer-
Mr. Patrick J. FowlerSenior Vice President of Corporate Development & Strategy-
Mr. Mike GilliganSenior Vice President of Sales-

Audit Risk

4

Board Risk

3

Compensation Risk

6

Shareholder Rights Risk

4

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for VCEL, sourced from Markets Gazette.

  • 2/26/2026NEUTRAL
    Vericel (VCEL) Q4 2025 Earnings Call Transcript

    Biotechnology firm Vericel (VCEL) held its fourth-quarter 2025 earnings conference call. While specific details from the transcript are not yet available, this event is crucial for investors monitoring the company's financial performance and future outlook. Earnings calls are key moments to assess operational health, revenues, profit margins, and management's guidance. The immediate lack of information prevents an in-depth analysis, but the market will keenly await the data release to understand the impact on key products like MACI and Epicel. Investors should remain vigilant for subsequent communications that could influence the stock's valuation.

via Markets Gazette