CEL-SCI Corporation

CEL-SCI Corporation

CVM·AMEX

$7.17

-6.5%
HealthcareBiotechnology

CEL-SCI Corporation engages in the research and development of immunotherapy for the treatment of cancer and infectious diseases. The company's lead investigational immunotherapy is Multikine, which is under phase III clinical trial for the treatment of head and neck cancer. Its Ligand Epitope Antigen Presentation System (LEAPS), a pre-clinical patented T-cell modulation process that stimulates the human immune system to fight bacterial, viral, and parasitic infections, as well as autoimmune diseases, allergies, transplantation rejections, and cancer. The company also develops LEAPS-H1N1-DC; CEL-2000 and CEL-4000 are product candidates for the treatment of rheumatoid arthritis; and LEAPS COV-19, a product candidate to treat COVID-19 coronavirus. CEL-SCI Corporation has a collaboration agreement with the University of Georgia's Center for Vaccines and Immunology to develop LEAPS COVID-19 immunotherapy. The company was incorporated in 1983 and is headquartered in Vienna, Virginia.

At a Glance

Live Snapshot
Market Cap$49.27M
EPS-13.5000
P/E Ratio-2.82
Earnings Date01/12/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -2.8).

Valuation inputs: P/E -2.8, earnings yield N/A, momentum -6.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -2.1%, ROIC -98.1%).

Profitability stack: net margin 0.0%, ROE -2.1%, ROIC -98.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +52.3%, momentum -6.5%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

cvm

CEL-SCI Corporation Market vs Earnings Trajectory

CVM · AMEX

Loading price and EPS data...

CEL-SCI Corporation

CEL-SCI Corporation Fair Value Envelope

CVM · AMEX

Our analysis suggests that CVM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $7.17, this represents a potential HIDDEN relative to our calculated worth for CEL-SCI Corporation.

Intrinsic Value
Current Price: $7.17
3Y-53.0%
5Y-38.0%
10Y-95.0%
3Y-
5Y-100.0%
10Y-100.0%
3Y-31.0%
5Y+9.0%
10Y-22.0%
3Y-
5Y+15.0%
10Y-21.0%
3Y-32.0%
5Y+14.0%
10Y-21.0%
3Y-64.0%
5Y-2.0%
10Y+75.0%
CEL-SCI Corporation

CEL-SCI Corporation Profit Bridge

CVM · AMEX
Revenue0.00
Cost of Goods Sold (3.97M)
Gross Profit-3.97M
Operating Expenses (22.38M)
Operating Income-26.35M
Interest Expense (745.67K)
Other Income/Expense-567.99K
Pretax Income-26.92M
Income Tax (0.00)
Net Income-26.92M
Net Income
-26.92M

Profitability Analysis

0.00%
Gross Profit Margin
3Y-
5Y-100.0%
10Y-100.0%
0.00%
Operating Profit Margin
3Y-
5Y-100.0%
10Y-100.0%
0.00%
Net Profit Margin
3Y-
5Y-100.0%
10Y-100.0%
-209.22%
Return on Equity
-15%
3Y+202.0%
5Y-57.0%
10Y-132.0%
-99.74%
Return on Assets
-6%
3Y+93.0%
5Y+12.0%
10Y-56.0%
-98.14%
Return on Invested Capital
-16%
3Y+83.0%
5Y+20.0%
10Y-72.0%
CVM

CEL-SCI Corporation Cash Conversion Engine

CVM · AMEX
Net Income-26.92M
Depreciation & Amortization3.97M
Stock-Based Compensation4.27M
Change in Working Capital-1.21M
Others1.08M
Capital Expenditures-94.88K
Free Cash Flow-18.91M

Cash Flow Quality Analysis

FCF Conversion Rate

70.2%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

-0.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+18.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$1.21M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

cvm

CEL-SCI Corporation Funding & Solvency Profile

CVM · AMEX
Cash & Cash Equivalents1.79M
Net Receivables0.00
Inventory518.04K
Other Current Assets0.00
Total Current Assets3 M
Property, Plant & Equipment13.91M
Goodwill & Intangible Assets130.59K
Long-Term Investments0.00
Other Non-Current Assets3.67M
Total Non-Current Assets18 M
Total Assets
20.34M

Financial Health Analysis

Current Ratio

0.47x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.89x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-2993519

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

13% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

cvm

CEL-SCI Corporation Street Expectations Map

CVM · AMEX

No Target Data

No analyst price targets available for cvm.

cvm

CEL-SCI Corporation Insider Positioning

CVM · AMEX

During the last 12 months, insiders have purchased $220K worth of CVM shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

32.1K

219.99K

Sold

0

0.00

Net Activity

+220K

+$220K

Top Buyers

1
KGR

Kersten Geert R

Director, Officer: Chief Executive Officer

29.2K shares1 transactions

$200K

2
WRE

Watson Robert Eugene

Director

2.9K shares1 transactions

$20K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $220K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

2 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.

No Dividend Yield Data

CVM has not reported any dividend yield values in the available annual periods.

 

cvm Dividend History

CVM
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%