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Septerna, Inc. SEPN Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin-77.1%+71.6pp-148.6%+201pp-349.2%+13,722pp-14,071.1%-4,732pp-9,339.1%-1,821pp
Net margin-49.9%+56.5pp-106.4%+160pp-266.8%+11,786pp-12,053%-3,949pp-8,104.1%-1,425pp
EBITDA margin-74.8%+70.3pp-145.1%+197pp-342%+13,515pp-13,857%-4,670pp-9,187.4%-1,799pp
Returns
Return on assets-7.2%+2.1pp-9.3%+5.8pp-15.1%
Efficiency
Asset turnover0.1×+0.1×0.1×0.0×0.1×
Liquidity
Current ratio4.7×0.0×4.7×-1.8×6.5×-15.6×22.1×-10.1×32.2×+4.4×
Quick ratio4.7×0.0×4.7×-1.8×6.5×-15.6×22.1×-10.1×32.2×+4.4×
Cash ratio0.9×-0.5×1.4×-2.9×4.3×-8.3×12.5×-7.2×19.7×+1.2×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×
Debt-to-assets0.0×0.0×0.0×0.1×0.0×0.1×0.0×
Per Share
Book value per share$8.46-2.0%$8.63+1.2%$8.52-0.3%$8.55+194%-$9.11-121%
Valuation
Market capitalization$1.08B-13.6%$1.25B+48.8%$838.65M+75.7%$477.22M+85.5%$257.32M-74.7%
Enterprise value$1.03B-10.5%$1.15B+112%$542.77M+73.7%$312.48M+332%$72.3M-91.0%
Price / sales14.9×-12.2×27.2×-10.9×38×-619×657.3×+394×263.4×-683×
Price / book2.9×-0.4×3.3×+1.1×2.2×+0.9×1.3×
EV / sales14.3×-10.8×25.1×+0.4×24.6×-406×430.4×+356×74×-674×
Earnings yield-3.3%+0.6pp-3.9%+3.1pp-7%+11.3pp-18.3%+12.4pp-30.8%-23.7pp

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Questions, answered.

Where do Septerna, Inc.'s ratios come from?
Every ratio is computed from Septerna, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.