Maat Pharma (FRA:4RD) Research & Development: €29.31 Mil (TTM As of Dec. 2025)

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FRA:4RD Maat Pharma SA FRA:4RD
27 GF Score
Price €2.71
GF Value €10.64
Valuation Possible Value Trap
! 3 Warning Signs
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What is Maat Pharma Research & Development?

Maat Pharma FRA:4RD +2.07% 27 Research & Development is €29.31 Mil as of Dec. 2025. GuruFocus rates FRA:4RD with a GF Score™ of 27/100 and a GF Value™ of €10.64 (Possible Value Trap). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Maat Pharma's Research & Development for the six months ended in Dec. 2025 was €14.53 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was €29.31 Mil.

Maat Pharma  (FRA:4RD) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Maat Pharma Research & Development Related Terms

Maat Pharma Research & Development Historical Data

* Premium members only.

The historical data trend for Maat Pharma's Research & Development 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.

Maat Pharma Research & Development Chart

Maat Pharma Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 9.25 14.48 21.01 27.48 29.31

Maat Pharma Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.36 12.70 14.78 14.78 14.53
FRA:4RD
27GF Score
Maat Pharma SA FRA:4RD
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Maat Pharma Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €29.31 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of €29.31 Mil mean?
Maat Pharma (FRA:4RD) has a Research & Development of €29.31 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Maat Pharma and its competitors.
Is Maat Pharma's Research & Development too high?
Maat Pharma's current Research & Development is €29.31 Mil. Overall, Maat Pharma has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maat Pharma's Research & Development compare to VRTX and REGN?
Maat Pharma's Research & Development of €29.31 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 Research & Development for a Biotechnology company?
A good Research & Development depends on the Biotechnology industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Maat Pharma and its competitors. Maat Pharma's current Research & Development is €29.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maat Pharma stock overvalued right now?
Based on GuruFocus' analysis, Maat Pharma (FRA:4RD) is currently considered Possible Value Trap. The stock's GF Value™ is €10.64, compared to a current price of €2.71 — trading 74.5% below its estimated fair value. The current Research & Development is €29.31 Mil. Maat Pharma's overall GF Score™ is 27/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Maat Pharma (FRA:4RD), the current Research & Development is €29.31 Mil as of Dec. 2025. 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.

Is Maat Pharma (FRA:4RD) Overvalued in 2026?

Based on GuruFocus' analysis, Maat Pharma stock appears to be undervalued. The current stock price of €2.71 is trading 74.5% below its estimated GF Value™ of €10.64. GuruFocus considers Maat Pharma to be Possible Value Trap.

Key valuation signals for FRA:4RD:

  • Research & Development: €29.31 Mil
  • GF Value™: €10.64 vs. price of €2.71 (74.5% below fair value)
  • GF Score™: 27/100 with 3 warning signs

No single metric tells the full story. See the FRA:4RD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Maat Pharma Business Description

Other Exchanges MAAT:France
Address 70 Avenue Tony Garnier, Lyon, FRA, 69007
Maat Pharma SA is a french clinical stage biotech and a pioneer in the development of microbiome based ecosystem therapies dedicated to improving survival outcomes for patients with cancer.
27GF Score

Get the complete analysis for FRA:4RD

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.71
Price
€10.64
GF Value