Artiva Biotherapeutics, Inc. (ARTV) intrinsic value & 10-year financials

Artiva Biotherapeutics, Inc. (ARTV) has a Graham intrinsic value of $562.19 per share. At $5.85 on Oct 17, 2026, the stock trades 99% below that value. Over the last 4 fiscal years revenue shrank 99.2% a year to $0, with an average return on invested capital of 80.2%.

Graham intrinsic value
$562.19
Share price (Oct 17, 2026)
$5.85
Price vs Graham value
99% below
Market cap
$143.0M
Revenue (FY2025)
$0
Revenue growth (4-yr CAGR)
-99.2%
ROIC (10-yr avg)
80.2%
Free cash flow (FY2025)
-$79.3M

ARTV 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $0 -$83.9M -$3.43 -$79.3M — -72.4%
FY2024 $251.0K -$65.4M -$5.81 -$55.7M -26805.6% 297.8%
FY2023 $32.9M -$28.7M -$2.56 -$50.7M -93.2% 15.2%
FY2022 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Artiva Biotherapeutics, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Artiva Biotherapeutics, Inc. has historically struggled to out-earn its cost of capital, averaging just -18.1% ROIC.

Artiva Biotherapeutics, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Artiva Biotherapeutics, Inc. is modeled at -99.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $562.19 per share.

ARTV stock: frequently asked questions

What is the intrinsic value of Artiva Biotherapeutics, Inc. (ARTV) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a -99.2% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ARTV's intrinsic value is about $562.19 per share.

Is ARTV stock undervalued?

At $5.85 (close on Oct 17, 2026), ARTV trades 99% below its Graham value of $562.19. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Artiva Biotherapeutics, Inc. generate free cash flow?

Artiva Biotherapeutics, Inc. generated -$79.3M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 0 of the last 3 reported years.

What is ARTV's return on invested capital?

Average ROIC over the last 4 fiscal years was 80.2%, and average return on equity was -189.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ARTV data come from?

From Artiva Biotherapeutics, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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