COMPASS Pathways plc

NasdaqGS:CMPS Stock Report

Market Cap: US$724.5m

COMPASS Pathways Valuation

Is CMPS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CMPS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CMPS ($5.79) is trading below our estimate of future cash flow value ($187.35)

Significantly Below Future Cash Flow Value: CMPS is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CMPS?

Key metric: As CMPS is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for CMPS. This is calculated by dividing CMPS's market cap by their current book value.
What is CMPS's PB Ratio?
PB Ratio-14.1x
Book-US$52.85m
Market CapUS$724.55m

Price to Book Ratio vs Peers

How does CMPS's PB Ratio compare to its peers?

The above table shows the PB ratio for CMPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average4.5x
KURA Kura Oncology
4.4x49.89%US$736.7m
BBOT BridgeBio Oncology Therapeutics
1.7x-15.35%US$722.7m
TENX Tenax Therapeutics
7.8x26.40%US$804.8m
SLDB Solid Biosciences
4.1x42.09%US$726.1m
CMPS COMPASS Pathways
n/a59.19%US$724.5m

Price-To-Book vs Peers: CMPS has negative equity and a Price-To-Book Ratio (-14.1x) compared to the peer average (4.5x).

Historical Price to Book Ratio

Historical Price to Book Ratio compares a stock's price to the book value of it's equity over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Book Ratio vs Industry

How does CMPS's PB Ratio compare vs other companies in the US Biotechs Industry?

58 CompaniesPrice / BookEstimated GrowthMarket Cap
ENLV Enlivex
0.1x-73.97%US$228.43m
CNTN Canton Strategic Holdings
0.4xn/aUS$166.92m
ACET Adicet Bio
0.5x24.56%US$73.95m
CYPH Cypherpunk Technologies
0.4xn/aUS$69.25m
CMPS is unprofitableIndustry Avg. 2.3xNo. of Companies85PB0246810+
58 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CMPS has negative equity and a Price-To-Book Ratio (-14.1x) compared to the US Biotechs industry average (2.3x).

Price to Book Ratio vs Fair Ratio

What is CMPS's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CMPS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-14.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CMPS's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CMPS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$5.79
US$21.75
+275.65%
70.81%US$70.00US$8.00n/a12
Mar ’27US$6.90
US$19.42
+181.40%
42.34%US$40.00US$8.00n/a12
Feb ’27US$6.69
US$17.27
+158.19%
48.88%US$40.00US$8.00n/a11
Jan ’27US$6.90
US$16.82
+143.74%
49.74%US$40.00US$8.00n/a11
Dec ’26US$5.24
US$17.00
+224.43%
51.48%US$40.00US$8.00n/a10
Nov ’26US$6.32
US$15.60
+146.84%
58.83%US$40.00US$6.00n/a10
Oct ’26US$5.77
US$14.90
+158.23%
63.98%US$40.00US$6.00n/a10
Sep ’26US$4.42
US$14.90
+237.10%
63.98%US$40.00US$6.00n/a10
Aug ’26US$4.34
US$16.00
+268.66%
70.65%US$45.00US$6.00n/a9
Jul ’26US$3.16
US$15.90
+403.16%
68.29%US$45.00US$6.00n/a10
Jun ’26US$4.16
US$16.82
+304.28%
56.68%US$45.00US$11.00n/a11
May ’26US$4.10
US$17.30
+321.95%
57.05%US$45.00US$11.00n/a10
Apr ’26US$2.79
US$17.30
+520.07%
57.05%US$45.00US$11.00US$5.6210
Mar ’26US$3.93
US$17.30
+340.20%
57.05%US$45.00US$11.00US$6.9010
Feb ’26US$4.31
US$20.89
+384.66%
69.06%US$60.00US$12.00US$6.699
Jan ’26US$3.78
US$21.22
+461.43%
67.48%US$60.00US$12.00US$6.909
Dec ’25US$4.60
US$21.22
+361.85%
67.48%US$60.00US$12.00US$5.249
Nov ’25US$4.75
US$24.67
+419.30%
66.72%US$60.00US$12.00US$6.329
Oct ’25US$5.96
US$38.22
+541.31%
78.87%US$120.00US$22.00US$5.779
Sep ’25US$7.48
US$38.22
+410.99%
78.87%US$120.00US$22.00US$4.429
Aug ’25US$6.88
US$38.44
+458.79%
78.62%US$120.00US$22.00US$4.349
Jul ’25US$5.95
US$40.38
+578.57%
78.10%US$120.00US$22.00US$3.168
Jun ’25US$7.38
US$41.25
+458.94%
75.47%US$120.00US$22.00US$4.168
May ’25US$8.48
US$43.86
+417.18%
74.00%US$120.00US$22.00US$4.107
Apr ’25US$9.68
US$40.38
+317.10%
78.58%US$120.00US$16.00US$2.798
US$21.75
Fair Value
73.4% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/02 23:35
End of Day Share Price 2026/04/02 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

COMPASS Pathways plc is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas ShraderBTIG
Sumant Satchidanand KulkarniCanaccord Genuity
Charles DuncanCantor Fitzgerald & Co.