AACCE Investments
ScreenerStocksIndicesPicksETFsBlogPricing

© 2026 ACCE Investments. All rights reserved.

ACCE Investments - Institutional-grade stock research for retail investors | BetaList
IndicesStocksETFsScreenerBlogGlossaryCompareMarket dataAdvisors
TermsPrivacyCookiesDisclaimerLegal noticeProfessional termsAboutContact
KRYS

Krystal Biotech Inc. Common Stock (KRYS) fair value

Healthcare · Biotechnology · NASDAQ · United States
$311.50-2.70%
Market cap $9.2BNext earnings 2026-11-02Updated Oct 19, 2026
Add earnings to calendarGoogle
Our verdict
Trades 104% above our fair value
Price
$311.50
Model fair valueConfidence: good
$153
Model range
$115 to $184
Fair value $153
Price $312
2 models fit Krystal Biotech Inc. Common Stock and they disagree: 0 of 2 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Bronze55
Valued as a growth company: Discounted cash flow, P/E comparison, and EV/EBITDA comparison.
ACCE opinionKrystal Biotech Inc. Common Stock (KRYS)
Fair value (2 models)
$153
ACCE price target
$295
Rating
Overvalued
Horizon
12 months
Fair value published on 19 Oct 2026, 18:04 CEST; previously $251 since 11 Oct 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 19 Oct 2026, 18:04 CEST.
Price used: $312 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
104.2% above
-51.0% to fair value
ACCE score
71
out of 100
Analysts
92% buy
12 covering
P/E
39.0x
forward 34.8x
1-year return
+67.1%
Dividend yield
0.00%

Krystal Biotech Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Krystal Biotech sells VYJUVEK, a topical gene therapy for dystrophic epidermolysis bullosa, a rare skin disease, and its gross margin of 94.6% and operating margin of 49.0% show how much of each dollar of sales drops through once the product is on the market. Its moat is regulatory and manufacturing rather than patent-only: the drug is delivered as a gel applied to wounds, so it avoids the systemic dosing and manufacturing complexity that has slowed most other gene therapies. Revenue growth of 24.1% and a 20.1% return on equity mean the business is compounding, while the valuation (41.4x trailing earnings, 46.9x forward) leaves little room for a stumble in launch execution or pipeline news. Worth a deeper look to see how quickly new indications and the ex-US rollout can keep that growth rate going, and how much of the current multiple is already pricing it in. The stock is not in any major index, which may matter for flows if the company keeps scaling.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • moderate
    Heavy insider selling
    Last 10 disclosed insider transactions total $48.72M in sales and no buys, while insiders hold 10.7% of shares.
  • moderate
    Elevated short interest
    Short interest stands at 19.2% of float, signalling meaningful bearish positioning against the stock.

AI research notes

AI-assisted·How I use AIWritten Oct 15, 2026 · figures from 2026-10-14 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 24.1% year over year, and the company keeps 54.8 cents of every sales dollar as profit.
  • Free cash flow over the last twelve months reached $189M, and debt is nearly zero at 0.01 times equity.
Why it could disappoint
  • At $330.69 the shares trade at 36.1 times forward earnings, against a sector median of 24.2 times.
  • The price assumes cash flow grows 8.2% a year forever, and the stock's free cash flow yield is only 2.0%.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 2, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

Ask ACCE

Valuation

INVESTOR
Where KRYS's valuation models land
Price
$311.50
Model fair value
$153
Model range
$115 to $184
Fair value $153
Price $312
The price is above the whole model range.
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
P/E comparison
Create a free account: 5 full stock pages a month, no card.

See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish92% buy · 12 covering analysts
● Strong buy 10● Buy 1● Hold 1● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-1.6%
1 month
-8.9%
3 months
-7.1%
6 months
+14.3%
YTD
+26.3%
1 year
+67.1%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
19 Oct 2026, 18:04 CESTRatingOvervaluedfirst publication$317
19 Oct 2026, 18:04 CESTFair value$153$251$317
11 Oct 2026, 00:00 CESTFair value$251$190$332
10 Oct 2026, 00:00 CESTACCE price target$295first publication$327
7 Oct 2026, 00:00 CESTFair value$190$183$335
30 Sept 2026, 00:00 CESTFair value$183$190$337
16 Sept 2026, 00:00 CESTFair value$190$195$340
11 Sept 2026, 00:00 CESTFair value$195$197$348
8 Sept 2026, 00:00 CESTFair value$197$200$358
5 Sept 2026, 00:00 CESTFair value$200$203$371

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

Get the full KRYS page, free

Every model, the scenarios, fair value history, AI notes and the four questions. 5 full stock pages every month on the free plan, no card.

Free accounts get 5 full stock pages a month, including the full page.

Snapshot

Growth88Value18Quality95Momentum84Total71
Valuation
Trailing P/E
39.0x
Forward P/E
34.8x
PEG
1.03
P/B
7.44x
EV / Revenue
21.1x
Book value/sh
$45.92
Enterprise value
$9.3B
Profitability
ROE
20.1%
FCF yield
2.00%
ROIC
13.7%
Health and risk
Debt / equity
0.01
Dividend yield
0.00%
Beta
0.50

Price

+67.4% · 1Y

Ask anything about KRYS

Answered from Krystal Biotech Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 67% of peers
low 0.0x39.0xhigh 190.8x
ROEbetter than 100% of peers
low -53%20%high 20%
Div yieldbetter than 100% of peers
low 0.0%0.0%high 0.0%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
KRYS Krystal Biotech Inc. Common Stock$311.50$153104% above39.0x20.1%9571
TWST Twist Bioscience Corporation Common Stock$135.47----29.6%4351
CORT Corcept Therapeutics Incorporated Common Stock$107.50$38180% above190.8x8.2%7573
PCVX Vaxcyte Inc. Common Stock$62.85----36.5%3136
MDGL Madrigal Pharmaceuticals Inc. Common Stock$453.34----53.3%4340
APGE Apogee Therapeutics Inc. Common Stock$135.07----32.5%3140
BMRN BioMarin Pharmaceutical Inc. Common Stock$56.63$4525% above151.2x1.2%6356

Sector report card

Where KRYS ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Oct 15, 2026
    Krystal Biotech Announces Positive Clinical Data for New Dermatology Program KB113 Demonstrating Broad Basal Cell Carcinoma Regression in Patients with Gorlin Syndrome
  • GlobeNewswire•Sep 3, 2026
    Krystal Biotech to Present at 2026 Cantor Global Healthcare Conference
  • PR Newswire•Jul 20, 2026
    Krystal Biotech Set to Join S&P MidCap 400; Tutor Perini and V2X to Join S&P SmallCap 600
39 filings of 40
October 2026
Oct 15
8-KCurrent reportPeriod 2026-10-15
View on SEC →
September 2026
Sep 16
Form 4Insider transactionPeriod 2026-09-14
View on SEC →
Sep 16
Form 4Insider transactionPeriod 2026-09-14
View on SEC →
36 more filings + AI summaries on Investor+.INVESTOR