$20.08
-1.2%Alumis Inc., a clinical stage biopharmaceutical company, focuses on the development and commercialization of medicines for autoimmune disorders. It develops ESK-001, an allosteric tyrosine kinase 2 (TYK2) inhibitor for the treatment of plaque psoriasis, systemic lupus erythematosus, and non-infectious uveitis; and A-005, a central nervous system-penetrant allosteric TYK2 inhibitor for neuroinflammatory and neurodegenerative diseases. The company was formerly known as Esker Therapeutics, Inc. and changed its name to Alumis Inc. in January 2022. The company was incorporated in 2021 and is headquartered in South San Francisco, California.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
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 | -$206.4M | -$115.3M | -$64.4M | -$36.0M | -$20.1M | -$11.2M | -$6.3M | -$3.5M | -$2.0M | -$1.1M |
| Maintenance CapEx | -$72.9K | -$40.7K | -$22.8K | -$12.7K | -$7.1K | -$4.0K | -$2.2K | -$1.2K | -$691 | -$386 |
| Owner Earnings | -$206.5M | -$115.3M | -$64.4M | -$36.0M | -$20.1M | -$11.2M | -$6.3M | -$3.5M | -$2.0M | -$1.1M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$191.2M | -$98.9M | -$51.1M | -$26.4M | -$13.7M | -$7.1M | -$3.7M | -$1.9M | -$978.6K | -$506.1K |
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