Lineage Cell Therapeutics, Inc.

Lineage Cell Therapeutics, Inc.

LCTXยทAMEX

$1.21

-0.83%
HealthcareBiotechnology

Lineage Cell Therapeutics, Inc., a clinical-stage biotechnology company, develops novel cell therapies for the treatment of degenerative diseases in the United States and internationally. The company develops OpRegen, a retinal pigment epithelium cell replacement therapy, which is in Phase I/IIa clinical trial for the treatment of the dry age-related macular degeneration; OPC1, an oligodendrocyte progenitor cell therapy that is in Phase I/IIa multicenter clinical trial for the treatment of acute spinal cord injuries; and VAC2, an allogeneic cancer immunotherapy of antigen-presenting dendritic cells, which is in Phase I clinical trial to treat non-small cell lung cancer. It also offers Renevia, a facial aesthetics product. In addition, the company engages in the research and development of therapeutic products for retinal diseases, neurological diseases, and disorders and oncology. Lineage Cell Therapeutics, Inc. has a collaboration with Orbit Biomedical, Ltd. The company was formerly known as BioTime, Inc. and changed its name to Lineage Cell Therapeutics, Inc. in August 2019. Lineage Cell Therapeutics, Inc. was incorporated in 1990 and is headquartered in Carlsbad, California.

At a Glance

Live Snapshot
Market Cap$301.65M
EPS-0.2800
P/E Ratio-6.05
Earnings Date08/11/2026
Lineage Cell Therapeutics, Inc.

Lineage Cell Therapeutics, Inc. Fair Value Envelope

LCTX ยท AMEX

Our analysis suggests that LCTX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.21, this represents a potential HIDDEN relative to our calculated worth for Lineage Cell Therapeutics, Inc..

Intrinsic Value
Current Price: $1.21

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$316.7M
+ Cash & Equivalents$40.8M
Firm Value-$275.9M
- Debt$2.4M
Equity Value-$278.3M
/ Shares Outstanding230,034,090B
DCF Value-$1
OVERVALUED BY 200%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$22.3M
-$26.3M
-$30.9M
-$36.5M
-$43.0M
-$50.6M
-$59.6M
-$70.3M
-$82.8M
-$97.5M
Maintenance CapEx
-$123.0K
-$144.9K
-$170.8K
-$201.2K
-$237.0K
-$279.3K
-$329.1K
-$387.7K
-$456.8K
-$538.2K
Owner Earnings
-$22.4M
-$26.4M
-$31.1M
-$36.7M
-$43.2M
-$50.9M
-$60.0M
-$70.6M
-$83.2M
-$98.1M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$20.8M
-$22.6M
-$24.7M
-$26.9M
-$29.4M
-$32.1M
-$35.0M
-$38.2M
-$41.6M
-$45.4M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.