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Deep Value: cash covers more than 100% of the stock price

This company holds roughly $1M in cash and investments — more than its entire stock-market value, based on its latest quarterly filing. You're paying very little for the actual business. Sometimes that's a genuine bargain or a takeover target, sometimes it's cheap for a reason. Not a buy signal on its own — always ask why it's this cheap.

Valion Bio logo

Valion Bio

VBIO
Biotechnology · Healthcare
Price
$0.23
-0.08 (-27.10%)
pre-market:$0.20-12.88%
Market Cap
$935,960
Exchange
NASDAQ
Winston Score
Winston looking sleepy
No score yet — Winston is napping.
We couldn’t gather enough financial data to score this stock reliably.

Share count rising — dilution

+119.9% over 3y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 23.1M (2018) → 50.8M (2021)

Valion Bio, Inc. is a small biotechnology company focused on developing experimental medical treatments, likely in early-stage drug discovery or clinical development. Biotech companies like this one work on creating new medicines or therapies, typically targeting diseases with limited existing treatment options. The company does not yet appear to have approved commercial products generating meaningful revenue.

Valion Bio makes little to no money from product sales at this stage, which is typical for early-stage biotechs — the deeply negative operating margin reflects heavy spending on research and development relative to revenue. Companies like this are primarily funded through equity raises and partnerships rather than product sales, and they operate at a loss while advancing drug candidates through clinical trials. The main risk is that drug development is expensive, time-consuming, and most candidates fail before reaching approval, meaning the company depends heavily on continued access to capital and positive clinical trial results to survive and grow.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

YoY Growth Rate

EPS data limited

R&D Spend

$0/ year

Declining (-100% vs prior year)

0.0% of revenue

Below sector average (18%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

1.8%ownership

Relatively low insider ownership

Cash Runway

~4 months

$1M cash & investments

Short runway — potential dilution ahead through share issuance

Cash watch

Valion Bio has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Gross Margin
0.0%
Thin — 0.0% gross margin
Operating Margin
-200.3%
Losing money on operations — -200.3%
ROCE
-8.8%
Weak — -8.8% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY
N/A
Data not available
EPS YoY
N/A
Data not available
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

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Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
N/A
Data not available

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Stability

Debt / Equity
0.02
Conservative — low debt load (0.02)
Interest Cover
N/A
Data not available

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Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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