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Terrestrial Energy (IMSR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Terrestrial Energy
NasdaqGS•Utilities•Utilities - Regulated Electric
$5.67+0.52(0.10%)Pre-market
Market Cap
$464.53M
P/B
1.6x

Terrestrial Energy Inc. produces carbon free nuclear energy in North Carolina. It offers Pre-construction services, such as site selection and site and use-specific engineering studies for construction and licensing planning preparation; construction services and component supply; and post construction IMSR Core-unit supply and fuel supply. The company was founded in 2013 and is headquartered in Charlotte, North Carolina.

D

How this company scores

WeakMetricSide Score: 22/100

Grade capped at D — Interest coverage below 1× (-5775.9x) — earnings cannot cover interest. Strongest: Profitability (11/25); weakest: Cash & Earnings Quality (0/25).

Profitability11/25
Growth4/25
Balance Sheet & Red Flags7/25
Cash & Earnings Quality0/25
Strengths
Long cash runwayNet cash positionImproving margins
Grade capped at D
  • Interest coverage below 1× (-5775.9x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 62.7x5y range 53.7x – 62.7x
P/E 62.7x
P/B · 1.6x5y range 1.5x – 2.0x
P/B 1.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume
Market Cap $464.53M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$0
Q. Revenue
$0
TTM EBITDA
$-44.84M
6Q
TTM Op. Income
$-46.21M
6Q
Q. Op. Income
$-11.67M
2Q
TTM Net Income
$-49.21M
3Q
Q. Net Income
$-9.40M
2Q
EPS
$-0.09
2Q
Shares Out.
$105.94M
3Q
$0 in TTM revenue was flat at zero YoY, reaching $0 last quarter. TTM EBITDA of $-44.84M and TTM operating income of $-46.21M show growth is flowing through to the bottom line. However, net income is negative at $49.21M — growth is not yet reaching the bottom line.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
N/A
Op. Margin
-1167200000.0%
2Q
Net Margin
-939900000.0%
2Q
Op. margin of -1167200000.0% is down 1018269300.0% YoY — costs are rising relative to revenue. Net margin at -939900000.0% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
N/A
P/B Ratio
1.6x
P/S of 0.0x and P/B of 1.6x. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$289.87M
2Q
Cash
$130.74M
105263%
Long-Term Debt
N/A
Book Value
$281.65M
2Q
D/E Ratio
N/A
Debt/EBITDA
N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-5.70M
2Q
TTM Free Cash Flow
$-31.94M
6Q
FCF Margin
N/A
FCF / Net Income
0.6
456%
TTM FCF of $-31.94M on $-5.70M in operating cash flow. The FCF / Net Income ratio of 0.6x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 6 consecutive quarters — a weakening trend.

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Cash Burn

Red Flag

The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Share Dilution

Red Flag

Shares outstanding increased 897.9% — significant dilution, likely from stock compensation or capital raises.