Neumora Therapeutics, Inc. (NMRA) intrinsic value & 10-year financials

Neumora Therapeutics, Inc. (NMRA) has no Graham intrinsic value right now because the formula needs positive earnings.

Graham intrinsic value
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Share price (Oct 17, 2026)
$0.47
Market cap
$77.4M
Revenue (FY2025)
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ROIC (10-yr avg)
-208.8%
Free cash flow (FY2025)
—

NMRA 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — -$236.9M -$1.45 — — -668.7%
FY2024 — -$243.8M -$1.53 — — -271.9%
FY2023 — -$235.9M -$3.63 -$163.4M — 86.1%
FY2022 — -$130.9M -$4.81 -$115.4M — 19.2%
FY2021 — — — — — —

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

Executive summary

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

Neumora Therapeutics, Inc. has earned high returns on invested capital, averaging 24.0% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.

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

Benjamin Graham lens

Neumora Therapeutics, Inc. is evaluated under Benjamin Graham's defensive framework using SEC EDGAR fundamentals using an 8.5 + 2g earnings multiple and a 5.1% AAA bond-yield baseline.

NMRA stock: frequently asked questions

What is the intrinsic value of Neumora Therapeutics, Inc. (NMRA) stock?

Graham's formula only works with positive earnings. Neumora Therapeutics, Inc. reported diluted EPS of -$1.45 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

What is NMRA's return on invested capital?

Average ROIC over the last 5 fiscal years was -208.8%, and average return on equity was -568.7%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this NMRA data come from?

From Neumora Therapeutics, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed May 7, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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