NKGN (NKGen Biotech) Enterprise Value: $46.02 Mil (As of Jul. 14, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is NKGen Biotech Enterprise Value?

NKGen Biotech NKGN Enterprise Value is $46.02 Mil as of Jul. 14, 2026.

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, NKGen Biotech's Enterprise Value is $46.02 Mil. NKGen Biotech's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was $-21.34 Mil. Therefore, NKGen Biotech's EV-to-EBIT ratio for today is -2.16.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NKGen Biotech's Enterprise Value is $46.02 Mil. NKGen Biotech's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 was $-19.97 Mil. Therefore, NKGen Biotech's EV-to-EBITDA ratio for today is -2.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NKGen Biotech's Enterprise Value is $46.02 Mil. NKGen Biotech's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 was $0.00 Mil. Therefore, NKGen Biotech's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, NKGen Biotech's Enterprise Value is $46.02 Mil. NKGen Biotech's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 was $-19.65 Mil. Therefore, NKGen Biotech's EV-to-OCF ratio for today is -2.34.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, NKGen Biotech's Enterprise Value is $46.02 Mil. NKGen Biotech's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 was $-19.70 Mil. Therefore, NKGen Biotech's EV-to-FCF ratio for today is -2.34.

*** 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.


NKGen Biotech  (OTCPK:NKGN) 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.

NKGen Biotech's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=46.023/-21.337
=-2.16

NKGen Biotech's current Enterprise Value is $46.02 Mil.
NKGen Biotech's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.34 Mil.

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

NKGen Biotech's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=46.023/-19.969
=-2.30

NKGen Biotech's current Enterprise Value is $46.02 Mil.
NKGen Biotech's EBITDA for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.97 Mil.

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

NKGen Biotech's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=46.023/0
=

NKGen Biotech's current Enterprise Value is $46.02 Mil.
NKGen Biotech's Revenue for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

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

NKGen Biotech's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=46.023/-19.647
=-2.34

NKGen Biotech's current Enterprise Value is $46.02 Mil.
NKGen Biotech's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.65 Mil.

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

NKGen Biotech's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=46.023/-19.699
=-2.34

NKGen Biotech's current Enterprise Value is $46.02 Mil.
NKGen Biotech's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.70 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.


NKGen Biotech Enterprise Value Related Terms


NKGen Biotech Enterprise Value Historical Data

* Premium members only.

The historical data trend for NKGen Biotech'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.

NKGen Biotech Enterprise Value Chart

NKGen Biotech Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Enterprise Value
0.00 0.00 80.09 82.03

NKGen Biotech Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.50 60.77 44.23 82.03 47.42

NKGN vs CALC, CLGN, MBRX: Enterprise Value Comparison

For the Biotechnology subindustry, NKGen Biotech'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.


NKGen Biotech Enterprise Value vs Biotechnology Industry

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

* The bar in red indicates where NKGen Biotech's Enterprise Value falls into.



NKGen Biotech 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.

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

NKGen Biotech's Enterprise Value for the quarter that ended in Mar. 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 $46.02 Mil mean?
NKGen Biotech (NKGN) has a Enterprise Value of $46.02 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NKGen Biotech and its competitors.
Is NKGen Biotech's Enterprise Value too high?
NKGen Biotech's current Enterprise Value is $46.02 Mil.
How does NKGen Biotech's Enterprise Value compare to CALC and CLGN?
NKGen Biotech's Enterprise Value of $46.02 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 NKGen Biotech and its competitors. NKGen Biotech's current Enterprise Value is $46.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKGen Biotech stock overvalued right now?
NKGen Biotech (NKGN) has a current Enterprise Value of $46.02 Mil. The current Enterprise Value is $46.02 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 NKGen Biotech (NKGN), the current Enterprise Value is $46.02 Mil as of Jul. 14, 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.

NKGen Biotech Business Description

Address 3001 Daimler Street, Santa Ana, CA, USA, 92705
NKGen Biotech Inc is a biotechnology company developing cell therapies for neurodegenerative and oncological diseases based on activated NK cells. NK cells are part of the human innate immune response system that can selectively identify and destroy abnormal or diseased cells. Its product candidates are based on a proprietary manufacturing and cryopreservation process that produces SuperNKTM (SNK) cells that have shown increased activity as compared to the starting population of NK cells, based on the results of in vitro experiments performed by NKMAX, as defined by parameters such as cytotoxicity, cytokine production and activating receptor expression. SNK cells can be produced in large quantities and cryopreserved while maintaining high levels of cytotoxicity.