Equity Brief · Healthcare2026-10-27
CLN.WA·Healthcare

Celon Pharma S.A.

I · AI Analysis

The brief

Celon Pharma develops and sells specialised generic drugs that treat serious conditions including cancers, neurological diseases, diabetes, and other metabolic disorders [Yahoo Finance]. As an integrated pharmaceutical company, they handle the full chain from research and development through manufacturing to marketing [Yahoo Finance].

Celon Pharma is a Polish integrated pharmaceutical company that researches, manufactures, and markets specialised generic drugs for cancer, neurological diseases, diabetes, and metabolic disorders [Yahoo Finance]. Founded in 2002 and based in Lomianki, Poland, the company operates as a subsidiary of Glatton Sp. z o.o. and employs 560 people [Yahoo Finance]. The five analysts covering the company average an 'underperform' rating, with a mean 12-month price target of PLN 20.38 [Analyst consensus].

The company carries moderate concerns with negative operating margin, negative free cash flow, and a forward P/E suggesting analysts expect earnings to fall [Sentinellis calculation].

The brief AI analysisConfidence 4/10

Sentinellis health

Moderate concerns

5.3/10

7.5+ strong · 4.5–7.5 moderate · under 4.5 weak

Profitability

18% of score10.0/10
Net margin+41.5%Gross margin+76.7%

Returns on capital

18% of score3.3/10
ROIC-1.6%· need > 10%Return on equity+21.4%

Growth & momentum

12% of score0.0/10
Revenue growth-0.4%· need ≥ 1.2%, the lower third of pharma in our libraryOperating margin trend—· no data

Balance sheet

35% of score8.3/10
Current ratio1.8xNet debt / EBITDA2.8xInterest coverage-4.2x· need > 3.0xDebt / equity0.26

Cash generation

18% of score0.0/10
Free cash flowPLN -52.2M· need positiveCash vs reported profitPLN 27.3M vs PLN 106.8M· need OCF > net income

Value creation

no data
ROIC vs cost of capital—· no data

Sentinellis calculation from the published statements — not a score reported by any data source. Each category is scored on the checks that had data; missing inputs are excluded rather than counted as failures.

Market capitalisation

PLN 1.0B

Revenue (TTM)

PLN 257.6M

Explainers

How we read these numbers

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Operating margin is negative at -4.1%, meaning the company's core pharmaceutical business is currently unprofitable before non-operating items [Yahoo Finance].

1 of 8 risks in this report

Risks

8

Opportunities

5

Red flags

2

Leadership

2

14 more findings in the full report — free with any account.

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III · Related

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Produced 27 Oct 2026, 10:56 UTC

Figures come from company filings and market data. The Sentinellis health score and the wording attached to it are our interpretation of those figures, not numbers the company reported.

Not investment advice and not a recommendation to buy or sell. Sentinellis holds no positions in the companies it covers, takes no payment from issuers, and has no broker referral arrangements.

How every figure and score is calculated