8-K Announcements
6Mar 9, 2026·SEC
Feb 17, 2026·SEC
Feb 4, 2026·SEC
Coherus Oncology, Inc. (CHRS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Coherus Oncology, Inc. (CHRS) stock price & volume — 10-year historical chart
Coherus Oncology, Inc. (CHRS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Coherus Oncology, Inc. (CHRS) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 9, 2026 | $0.34vs $0.36+4.2% | $13Mvs $14M-8.4% |
| Q4 2025 | Nov 6, 2025 | $0.33vs $0.32-3.1% | $12Mvs $14M-17.9% |
| Q3 2025 | Aug 7, 2025 | $0.34vs $0.31-9.7% | $10Mvs $12M-14.5% |
| Q2 2025 | May 12, 2025 | $0.35vs $0.31-12.9% | $8Mvs $61M-87.5% |
Coherus Oncology, Inc. (CHRS) competitors in Oncology Therapeutics Developers — business model, growth, and fundamentals comparison
Coherus Oncology, Inc. (CHRS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Coherus Oncology, Inc. (CHRS) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.56M | 1.56M | 356.07M | 475.82M | 326.55M | 211.04M | 257.24M | 266.96M | 42.17M |
| Revenue Growth % | -99.18% | 0% | 22783.74% | 33.63% | -31.37% | -35.37% | 21.89% | 3.78% | -84.2% |
| Cost of Goods Sold | 160.53M | 3.23M | 17.08M | 37.67M | 57.59M | 70.08M | 158.99M | 117.55M | 9.72M |
| COGS % of Revenue | 10316.9% | 207.9% | 4.8% | 7.92% | 17.64% | 33.21% | 61.81% | 44.03% | 23.04% |
| Gross Profit | -158.97M▲ 0% | -1.68M▲ 98.9% | 338.99M▲ 20290.2% | 438.16M▲ 29.3% | 268.96M▼ 38.6% | 140.96M▼ 47.6% | 98.25M▼ 30.3% | 149.41M▲ 52.1% | -15.73M▼ 110.5% |
| Gross Margin % | -10216.9% | -107.9% | 95.2% | 92.08% | 82.36% | 66.79% | 38.19% | 55.97% | -37.31% |
| Gross Profit Growth % | -147.11% | 98.94% | 20290.17% | 29.25% | -38.62% | -47.59% | -30.3% | 52.07% | -110.53% |
| Operating Expenses | 233.69M | 204.42M | 231.22M | 281.84M | 532.82M | 397.84M | 301.45M | 261.07M | 216.93M |
| OpEx % of Revenue | 15018.77% | 13137.28% | 64.94% | 59.23% | 163.17% | 188.51% | 117.18% | 97.8% | 514.4% |
| Selling, General & Admin | 71.3M | 94.18M | 137.04M | 139.08M | 169.71M | 198.48M | 185.62M | 150.44M | 100.6M |
| SG&A % of Revenue | 4582.45% | 6052.51% | 38.49% | 29.23% | 51.97% | 94.05% | 72.16% | 56.35% | 238.56% |
| Research & Development | 162.39M | 110.24M | 94.19M | 142.76M | 363.11M | 199.36M | 109.44M | 93.34M | 108.89M |
| R&D % of Revenue | 10436.31% | 7084.77% | 26.45% | 30% | 111.19% | 94.46% | 42.54% | 34.96% | 258.2% |
| Other Operating Expenses | 3.4M | 4.69M | 0 | 0 | 0 | 0 | 6.4M | 17.3M | 7.44M |
| Operating Income | -232.14M▲ 0% | -204.42M▲ 11.9% | 107.77M▲ 152.7% | 156.32M▲ 45.1% | -263.86M▼ 268.8% | -256.88M▲ 2.6% | -203.2M▲ 20.9% | -111.67M▲ 45.0% | -181.13M▼ 62.2% |
| Operating Margin % | -14918.77% | -13137.28% | 30.27% | 32.85% | -80.8% | -121.72% | -78.99% | -41.83% | -429.51% |
| Operating Income Growth % | -100.24% | 11.94% | 152.72% | 45.05% | -268.79% | 2.64% | 20.9% | 45.05% | -62.21% |
| EBITDA | -228.74M | -201.18M | 111.03M | 161.29M | -260.4M | -253.18M | -199.41M | -106.39M | -184.24M |
| EBITDA Margin % | -14700.39% | -12929.37% | 31.18% | 33.9% | -79.74% | -119.97% | -77.52% | -39.85% | -436.88% |
| EBITDA Growth % | -102.54% | 12.05% | 155.19% | 45.27% | -261.45% | 2.77% | 21.24% | 46.65% | -73.17% |
| D&A (Non-Cash Add-back) | 3.4M | 3.23M | 3.26M | 4.97M | 3.45M | 3.7M | 3.79M | 5.28M | -3.11M |
| EBIT | -228.73M | -200.56M | 107.77M | 156.87M | -264.14M | -259.28M | -197.73M | 55.66M | 0 |
| Net Interest Income | -9.55M | 0 | -17.6M | -21.17M | -22.96M | -32.47M | -40.54M | -27.16M | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 9.55M | 9.68M | 17.6M | 21.17M | 22.96M | 32.47M | 40.54M | 27.16M | -22.16M |
| Other Income/Expense | -6.15M | -4.99M | -14.99M | -20.61M | -23.24M | -34.87M | -35.07M | 140.17M | -1.99M |
| Pretax Income | -238.29M▲ 0% | -209.41M▲ 12.1% | 92.78M▲ 144.3% | 135.71M▲ 46.3% | -287.1M▼ 311.6% | -291.75M▼ 1.6% | -238.27M▲ 18.3% | 28.51M▲ 112.0% | -183.12M▼ 742.4% |
| Pretax Margin % | -15314.01% | -13458.16% | 26.06% | 28.52% | -87.92% | -138.24% | -92.62% | 10.68% | -434.23% |
| Income Tax | 0 | 0 | 2.94M | 3.46M | 0 | 0 | -380K | 0 | -332.81M |
| Effective Tax Rate % | 0% | 0% | 3.17% | 2.55% | 0% | 0% | 0.16% | 0% | 181.74% |
| Net Income | -238.17M▲ 0% | -209.34M▲ 12.1% | 89.83M▲ 142.9% | 132.24M▲ 47.2% | -287.1M▼ 317.1% | -291.75M▼ 1.6% | -237.89M▲ 18.5% | 28.51M▲ 112.0% | 168.02M▲ 489.4% |
| Net Margin % | -15306.56% | -13453.66% | 25.23% | 27.79% | -87.92% | -138.24% | -92.48% | 10.68% | 398.43% |
| Net Income Growth % | -87.04% | 12.11% | 142.91% | 47.21% | -317.1% | -1.62% | 18.46% | 111.98% | 489.41% |
| Net Income (Continuing) | -238.29M | -209.41M | 89.83M | 132.24M | -287.1M | -291.75M | -237.89M | 28.51M | 94.8M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.34M |
| Minority Interest | -1.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -4.48▲ 0% | -3.22▲ 28.1% | 1.23▲ 138.2% | 1.62▲ 31.7% | -3.81▼ 335.2% | -3.76▲ 1.3% | -2.53▲ 32.7% | 0.25▲ 109.9% | 1.43▲ 472.0% |
| EPS Growth % | -47.37% | 28.13% | 138.2% | 31.71% | -335.19% | 1.31% | 32.71% | 109.88% | 472% |
| EPS (Basic) | -4.48 | -3.22 | 1.29 | 1.85 | -3.81 | -3.76 | -2.53 | 0.25 | 1.43 |
| Diluted Shares Outstanding | 53.13M | 65.03M | 73.19M | 83.49M | 75.45M | 77.63M | 94.16M | 114.83M | 120.37M |
| Basic Shares Outstanding | 53.13M | 65.01M | 69.68M | 71.41M | 75.45M | 77.63M | 94.16M | 114.55M | 120.37M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Coherus Oncology, Inc. (CHRS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 126.91M | 72.36M | 343.01M | 767.48M | 602.32M | 381.23M | 475.63M | 341.58M | 193.11M |
| Cash & Short-Term Investments | 126.91M | 72.36M | 177.67M | 541.16M | 417.19M | 191.68M | 117.75M | 125.99M | 172.13M |
| Cash Only | 126.91M | 72.36M | 177.67M | 541.16M | 417.19M | 63.55M | 102.89M | 125.99M | 88.88M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 128.13M | 14.86M | 0 | 83.25M |
| Accounts Receivable | 0 | 0 | 141.99M | 157.05M | 123.02M | 109.96M | 260.52M | 122.33M | 17.82M |
| Days Sales Outstanding | - | - | 145.55 | 120.47 | 137.51 | 190.18 | 369.65 | 167.26 | 154.19 |
| Inventory | 0 | 1.66M | 9.81M | 44.23M | 37.64M | 38.79M | 62.6M | 70.09M | 3.17M |
| Days Inventory Outstanding | - | 187.18 | 209.6 | 428.63 | 238.57 | 202.03 | 143.72 | 217.64 | 119.15 |
| Other Current Assets | 202K | 50K | 0 | 0 | 10.8M | 22.92M | 11.1M | 11.53M | 0 |
| Total Non-Current Assets | 35.7M | 27.11M | 65.92M | 74.17M | 77.01M | 99.61M | 153.97M | 106.95M | 46.24M |
| Property, Plant & Equipment | 12.77M | 6.66M | 16.49M | 10.11M | 7.81M | 8.75M | 5.12M | 2.84M | 0 |
| Fixed Asset Turnover | 0.12x | 0.23x | 21.59x | 47.07x | 41.80x | 24.11x | 50.25x | 94.10x | - |
| Goodwill | 943K | 943K | 943K | 943K | 943K | 943K | 943K | 0 | 0 |
| Intangible Assets | 2.62M | 2.62M | 2.62M | 2.62M | 2.62M | 4.99M | 70.73M | 53.65M | 46.24M |
| Long-Term Investments | 785K | 785K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 19.36M | 16.89M | 45.87M | 60.5M | 65.64M | 84.93M | 77.18M | 50.47M | 0 |
| Total Assets | 162.61M▲ 0% | 99.47M▼ 38.8% | 408.93M▲ 311.1% | 841.65M▲ 105.8% | 679.33M▼ 19.3% | 480.85M▼ 29.2% | 629.6M▲ 30.9% | 448.53M▼ 28.8% | 258.34M▼ 42.4% |
| Asset Turnover | 0.01x | 0.02x | 0.87x | 0.57x | 0.48x | 0.44x | 0.41x | 0.60x | 0.16x |
| Asset Growth % | -8.89% | -38.83% | 311.12% | 105.82% | -19.29% | -29.22% | 30.94% | -28.76% | -42.4% |
| Total Current Liabilities | 28.39M | 33.26M | 114.97M | 145.65M | 165.33M | 138.69M | 331.77M | 282.98M | 140.39M |
| Accounts Payable | 15.71M | 15.29M | 25.98M | 15.2M | 16.16M | 11.53M | 35.22M | 28.46M | 0 |
| Days Payables Outstanding | 35.73 | 1.73K | 555.37 | 147.3 | 102.41 | 60.03 | 80.85 | 88.36 | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 8.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.63M | 419K | 20.61M | 22.24M | 22.01M | 22.61M | 21.52M | 33.11M | 140.39M |
| Current Ratio | 4.47x | 2.18x | 2.98x | 5.27x | 3.64x | 2.75x | 1.43x | 1.21x | 1.38x |
| Quick Ratio | 4.47x | 2.13x | 2.90x | 4.97x | 3.42x | 2.47x | 1.24x | 0.96x | 1.35x |
| Cash Conversion Cycle | - | - | -200.21 | 401.79 | 273.66 | 332.18 | 432.52 | 296.55 | - |
| Total Non-Current Liabilities | 132.08M | 138.06M | 188.74M | 415.02M | 416.28M | 479.57M | 491.26M | 297.54M | 56.94M |
| Long-Term Debt | 101.61M | 103.09M | 178.39M | 404.02M | 408.28M | 471.06M | 473.37M | 264.93M | 1.46M |
| Capital Lease Obligations | 0 | 0 | 10.26M | 9.95M | 7.25M | 5.05M | 5.33M | 3.29M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1.1M | 1.1M | 0 |
| Other Non-Current Liabilities | 2.07M | 1.71M | 102K | 1.05M | 750K | 3.47M | 11.46M | 28.23M | 55.49M |
| Total Liabilities | 132.08M | 138.06M | 303.71M | 560.67M | 581.61M | 618.26M | 823.03M | 580.52M | 197.33M |
| Total Debt | 101.41M | 103.09M | 188.64M | 417.1M | 419.02M | 480.42M | 480.84M | 269.9M | 1.46M |
| Net Debt | -25.5M | 30.74M | 10.97M | -124.06M | 1.83M | 416.88M | 377.95M | 143.92M | -87.42M |
| Debt / Equity | 3.47x | - | 1.79x | 1.48x | 4.29x | - | - | - | 0.02x |
| Debt / EBITDA | - | - | 1.70x | 2.59x | - | - | - | - | - |
| Net Debt / EBITDA | - | - | 0.10x | -0.77x | - | - | - | - | - |
| Interest Coverage | -24.30x | -21.11x | 6.12x | 7.39x | -11.49x | -7.91x | -5.01x | -4.11x | - |
| Total Equity | 29.25M▲ 0% | -38.59M▼ 232.0% | 105.21M▲ 372.6% | 280.97M▲ 167.1% | 97.73M▼ 65.2% | -137.42M▼ 240.6% | -193.43M▼ 40.8% | -131.99M▲ 31.8% | 61.01M▲ 146.2% |
| Equity Growth % | 60.86% | -231.95% | 372.64% | 167.05% | -65.22% | -240.62% | -40.76% | 31.76% | 146.23% |
| Book Value per Share | 0.55 | -0.59 | 1.44 | 3.37 | 1.30 | -1.77 | -2.05 | -1.15 | 0.51 |
| Total Shareholders' Equity | 30.54M | -38.59M | 105.21M | 280.97M | 97.73M | -137.42M | -193.43M | -131.99M | 61.01M |
| Common Stock | 6K | 7K | 7K | 7K | 7K | 8K | 11K | 12K | 12K |
| Retained Earnings | -775.49M | -984.83M | -895M | -762.75M | -1.05B | -1.34B | -1.58B | -1.55B | -1.38B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -750K | -282K | -558K | -270K | -270K | -249K | -248K | -275K | -195K |
| Minority Interest | -1.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Coherus Oncology, Inc. (CHRS) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -200.29M | -159.27M | 28.36M | 154.15M | -37.43M | -241.12M | -174.88M | -20.44M | -138.51M |
| Operating CF Margin % | -12871.85% | -10235.6% | 7.96% | 32.4% | -11.46% | -114.25% | -67.98% | -7.66% | -328.45% |
| Operating CF Growth % | 20.69% | 20.48% | 117.8% | 443.63% | -124.28% | -544.17% | 27.47% | 88.31% | -577.66% |
| Net Income | -238.29M | -209.41M | 89.83M | 132.24M | -287.1M | -291.75M | -237.89M | 28.51M | 168.02M |
| Depreciation & Amortization | 3.4M | 3.23M | 3.26M | 2.89M | 3.45M | 3.7M | 3.79M | 5.28M | 0 |
| Stock-Based Compensation | 36.06M | 34.8M | 33.59M | 38.16M | 51.36M | 50.74M | 43.11M | 27.8M | 0 |
| Deferred Taxes | 453K | 3.56M | -55K | 0 | 9.44M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 3.22M | -1.75M | 15.65M | 15.5M | 143.05M | 75.45M | 52.93M | -137.92M | -306.54M |
| Working Capital Changes | -5.13M | 10.3M | -113.93M | -34.65M | 42.36M | -79.26M | -36.83M | 55.89M | 0 |
| Change in Receivables | 1.86M | 8.28M | -141.99M | -15.22M | 34.06M | 13.05M | -150.68M | 149.35M | 0 |
| Change in Inventory | -148K | -5.48M | -48.18M | -38.36M | -6.25M | -47.35M | -46.73M | -31.95M | 0 |
| Change in Payables | -4.45M | -534K | 9.89M | -9.82M | 874K | -4.55M | 23.76M | -3.94M | 0 |
| Cash from Investing | -4.42M | -1.19M | -12.73M | -14.4M | -138.41M | -166.85M | 144.64M | 230.32M | 375.09M |
| Capital Expenditures | -4.57M | -789K | -12.9M | -7.23M | -1.29M | -2.04M | -286K | 0 | 0 |
| CapEx % of Revenue | 293.89% | 50.71% | 3.62% | 1.52% | 0.39% | 0.97% | 0.11% | - | - |
| Acquisitions | 0 | -700K | 1.66M | 0 | 1.29M | 0 | 845K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 156K | 301K | -1.66M | -7.33M | -137.29M | -37.43M | 5.95M | 215.43M | 457.46M |
| Cash from Financing | 206.79M | 105.42M | 89.37M | 223.95M | 51.88M | 54.33M | 69.6M | -186.97M | -273.7M |
| Debt Issued (Net) | 0 | 0 | 72.95M | 222.16M | -672K | 49.93M | 0 | -223.41M | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 0 | -1000K | 1000K | 1000K | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -544K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 482K | 3.67M | 8.26M | 1.79M | 54.3M | -1.96M | -4.62M | 34.98M | -273.7M |
| Net Change in Cash | 1.96M▲ 0% | -54.56M▼ 2878.3% | 104.72M▲ 291.9% | 363.69M▲ 247.3% | -123.96M▼ 134.1% | -353.65M▼ 185.3% | 39.34M▲ 111.1% | 22.91M▼ 41.8% | -37.13M▼ 262.1% |
| Free Cash Flow | -204.86M▲ 0% | -160.06M▲ 21.9% | 15.46M▲ 109.7% | 146.91M▲ 850.4% | -38.72M▼ 126.4% | -243.16M▼ 528.0% | -175.17M▲ 28.0% | -20.44M▲ 88.3% | -138.51M▼ 577.7% |
| FCF Margin % | -13165.75% | -10286.31% | 4.34% | 30.88% | -11.86% | -115.22% | -68.09% | -7.66% | -328.45% |
| FCF Growth % | 20.92% | 21.87% | 109.66% | 850.41% | -126.36% | -527.99% | 27.96% | 88.33% | -577.66% |
| FCF per Share | -3.86 | -2.46 | 0.21 | 1.76 | -0.51 | -3.13 | -1.86 | -0.18 | -1.15 |
| FCF Conversion (FCF/Net Income) | 0.84x | 0.76x | 0.32x | 1.17x | 0.13x | 0.83x | 0.74x | -0.72x | -0.82x |
| Interest Paid | 0 | 0 | 15.26M | 16.96M | 18.68M | 34.88M | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 1.73M | 3.95M | 1.22M | 40K | 0 | 0 | 0 |
Coherus Oncology, Inc. (CHRS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -2418.56% | -1004.36% | - | 269.68% | 68.49% | -151.62% | - | - | - | 275.39% |
| Return on Invested Capital (ROIC) | - | - | - | 149.22% | 85.86% | -154.32% | -101.66% | -65.69% | -85.26% | - |
| Gross Margin | -33.84% | -10216.9% | -107.9% | 95.2% | 92.08% | 82.36% | 66.79% | 38.19% | 55.97% | -37.31% |
| Net Margin | -66.98% | -15306.56% | -13453.66% | 25.23% | 27.79% | -87.92% | -138.24% | -92.48% | 10.68% | 398.43% |
| Debt / Equity | 5.51x | 3.47x | - | 1.79x | 1.48x | 4.29x | - | - | - | 0.02x |
| Interest Coverage | -14.53x | -24.30x | -21.11x | 6.12x | 7.39x | -11.49x | -7.91x | -5.01x | -4.11x | - |
| FCF Conversion | 1.98x | 0.84x | 0.76x | 0.32x | 1.17x | 0.13x | 0.83x | 0.74x | -0.72x | -0.82x |
| Revenue Growth | 532.82% | -99.18% | 0% | 22783.74% | 33.63% | -31.37% | -35.37% | 21.89% | 3.78% | -84.2% |
Coherus Oncology, Inc. (CHRS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 9, 2026·SEC
Feb 17, 2026·SEC
Feb 4, 2026·SEC
Coherus Oncology, Inc. (CHRS) stock FAQ — growth, dividends, profitability & financials explained
Coherus Oncology, Inc. (CHRS) reported $42.2M in revenue for fiscal year 2025. This represents a 2121% increase from $1.9M in 2012.
Coherus Oncology, Inc. (CHRS) saw revenue decline by 84.2% over the past year.
Yes, Coherus Oncology, Inc. (CHRS) is profitable, generating $168.0M in net income for fiscal year 2025 (398.4% net margin).
Coherus Oncology, Inc. (CHRS) has a return on equity (ROE) of 275.4%. This is excellent, indicating efficient use of shareholder capital.
Coherus Oncology, Inc. (CHRS) had negative free cash flow of $138.5M in fiscal year 2025, likely due to heavy capital investments.
Coherus Oncology, Inc. (CHRS) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates