CARM (CARISMA Therapeutics) Enterprise Value: $-1.68 Mil (As of Jun. 29, 2026) ***


What is CARISMA Therapeutics Enterprise Value?

CARISMA Therapeutics CARM Enterprise Value is $-1.68 Mil as of Jun. 29, 2026. The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CARISMA Therapeutics's Enterprise Value is $-1.68 Mil. CARISMA Therapeutics's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was $10.85 Mil. Therefore, CARISMA Therapeutics's EV-to-EBIT ratio for today is -0.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CARISMA Therapeutics's Enterprise Value is $-1.68 Mil. CARISMA Therapeutics's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 was $12.18 Mil. Therefore, CARISMA Therapeutics's EV-to-EBITDA ratio for today is -0.14.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CARISMA Therapeutics's Enterprise Value is $-1.68 Mil. CARISMA Therapeutics's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 was $52.63 Mil. Therefore, CARISMA Therapeutics's EV-to-Revenue ratio for today is -0.03.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, CARISMA Therapeutics's Enterprise Value is $-1.68 Mil. CARISMA Therapeutics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was $-22.42 Mil. Therefore, CARISMA Therapeutics's EV-to-OCF ratio for today is 0.07.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, CARISMA Therapeutics's Enterprise Value is $-1.68 Mil. CARISMA Therapeutics's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was $-22.42 Mil. Therefore, CARISMA Therapeutics's EV-to-FCF ratio for today is 0.07.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


CARISMA Therapeutics  (OTCPK:CARM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

CARISMA Therapeutics's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-1.676/10.847
=-0.15

CARISMA Therapeutics's current Enterprise Value is $-1.68 Mil.
CARISMA Therapeutics's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.85 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

CARISMA Therapeutics's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-1.676/12.177
=-0.14

CARISMA Therapeutics's current Enterprise Value is $-1.68 Mil.
CARISMA Therapeutics's EBITDA for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.18 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

CARISMA Therapeutics's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-1.676/52.632
=-0.03

CARISMA Therapeutics's current Enterprise Value is $-1.68 Mil.
CARISMA Therapeutics's Revenue for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.63 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

CARISMA Therapeutics's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-1.676/-22.415
=0.07

CARISMA Therapeutics's current Enterprise Value is $-1.68 Mil.
CARISMA Therapeutics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.42 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

CARISMA Therapeutics's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=-1.676/-22.415
=0.07

CARISMA Therapeutics's current Enterprise Value is $-1.68 Mil.
CARISMA Therapeutics's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.42 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CARISMA Therapeutics Enterprise Value Related Terms


CARISMA Therapeutics Enterprise Value Historical Data

* Premium members only.

The historical data trend for CARISMA Therapeutics's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CARISMA Therapeutics Enterprise Value Chart

CARISMA Therapeutics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
0.00 0.00 0.00 44.51 2.06

CARISMA Therapeutics Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.42 2.06 7.54 16.07 9.43

CARM vs SCPX, CYTOF, CNBX: Enterprise Value Comparison

For the Biotechnology subindustry, CARISMA Therapeutics's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CARISMA Therapeutics Enterprise Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, CARISMA Therapeutics's Enterprise Value distribution charts can be found below:

* The bar in red indicates where CARISMA Therapeutics's Enterprise Value falls into.



CARISMA Therapeutics Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

CARISMA Therapeutics's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

CARISMA Therapeutics's Enterprise Value for the quarter that ended in Sep. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $-1.68 Mil mean?
CARISMA Therapeutics (CARM) has a Enterprise Value of $-1.68 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CARISMA Therapeutics and its competitors.
Is CARISMA Therapeutics' Enterprise Value too high?
CARISMA Therapeutics' current Enterprise Value is $-1.68 Mil.
How does CARISMA Therapeutics' Enterprise Value compare to SCPX and CYTOF?
CARISMA Therapeutics' Enterprise Value of $-1.68 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Biotechnology company?
A good Enterprise Value depends on the Biotechnology industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CARISMA Therapeutics and its competitors. CARISMA Therapeutics's current Enterprise Value is $-1.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CARISMA Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, CARISMA Therapeutics (CARM) is currently considered Possible Value Trap. The stock's GF Value™ is $3.71, compared to a current price of $0.01 — trading 99.8% below its estimated fair value. The current Enterprise Value is $-1.68 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For CARISMA Therapeutics (CARM), the current Enterprise Value is $-1.68 Mil as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CARISMA Therapeutics Business Description

Address 3675 Market Street, Suite 200, Philadelphia, PA, USA, 19104
CARISMA Therapeutics Inc is a clinical-stage cell therapy company focused on utilizing Carisma's proprietary chimeric antigen receptor macrophage and monocyte cell engineering platform to develop transformative immunotherapies to treat cancer and other serious diseases. The company has created a comprehensive cell therapy platform to enable the therapeutic use of engineered macrophages and monocytes, which belong to a subgroup of white blood cells called myeloid cells.