Agenus Inc.

Agenus Inc.

AGENยทNASDAQ

$3.45

+4.9%
HealthcareBiotechnology

Agenus Inc., a clinical-stage immuno-oncology company, discovers and develops immuno-oncology products in the United States and internationally. The company offers Retrocyte Display, an antibody expression platform for the identification of fully human and humanized monoclonal antibodies; and display technologies. It develops vaccine programs comprising Prophage vaccine candidate; and QS-21 Stimulon adjuvant, a saponin-based vaccine adjuvant. The company also develops Balstilimab, an anti-PD-1 antagonist that has completed Phase II clinical trial to treat second line cervical cancer; AGEN1181, an anti-CTLA-4 monospecific antibody that is in Phase 1/2 clinical trial; AGEN2373, an anti-CD137 monospecific antibody that is in Phase 1 clinical trial; AGEN1423, a tumor microenvironment conditioning anti-CD73/TGFรŸ TRAP bi-functional antibody that has completed Phase 1 clinical trial; AGEN1777, an anti-TIGIT bispecific antibodies; and AGEN1327, a human monoclonal antibody. In addition, the company develops INCAGN1876, an anti-GITR monospecific antibody; INCAGN1949, an anti-OX40 monospecific antibody; INCAGN2390, an anti-TIM-3 monospecific antibody; INCAGN2385, an anti-LAG-3 monospecific antibody; MK-4830, a monospecific antibody targeting ILT4; AGENT 797, an iNKT cells that is in Phase 1 clinical trial for solid tumors, multiple myeloma, and viral ARDS, as well as in clinical stage to treat hematological malignancies and multiple myeloma/B cells; and AGEN1884, a first-generation anti-CTLA-4 monospecific antibody. Agenus Inc. operates under ASV, Agenus, AutoSynVax, EVAMPLIX, MiNK, PSV, PhosPhoSynVax, Prophage, Retrocyte Display, and Stimulon trademarks. It has collaborations with Incyte Corporation, Merck Sharpe & Dohme, Recepta Biopharma SA, and Gilead Sciences, Inc. The company was formerly known as Antigenics Inc. and changed its name to Agenus Inc. in January 2011. Agenus Inc. was founded in 1994 and is headquartered in Lexington, Massachusetts.

At a Glance

Live Snapshot
Market Cap$143.48M
EPS-0.0034
P/E Ratio-1013.38
Earnings Date08/10/2026
Agenus Inc.

Agenus Inc. Fair Value Envelope

AGEN ยท NASDAQ

Our analysis suggests that AGEN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $3.4455, this represents a potential HIDDEN relative to our calculated worth for Agenus Inc..

Intrinsic Value
Current Price: $3.4455

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-$1.1B
+ Cash & Equivalents$3.0M
Firm Value-$1.1B
- Debt$334.9M
Equity Value-$1.4B
/ Shares Outstanding31,864,108B
DCF Value-$44
OVERVALUED BY 1371%

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
-$158.3M
-$158.3M
-$158.3M
-$158.3M
-$158.3M
-$158.3M
-$158.3M
-$158.3M
-$158.3M
-$158.3M
Maintenance CapEx
-$115.2K
-$115.2K
-$115.2K
-$115.2K
-$115.2K
-$115.2K
-$115.2K
-$115.2K
-$115.2K
-$115.2K
Owner Earnings
-$158.4M
-$158.4M
-$158.4M
-$158.4M
-$158.4M
-$158.4M
-$158.4M
-$158.4M
-$158.4M
-$158.4M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$146.7M
-$135.8M
-$125.8M
-$116.5M
-$107.8M
-$99.8M
-$92.4M
-$85.6M
-$79.3M
-$73.4M
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.