Ardelyx, Inc.

Ardelyx, Inc.

ARDXยทNASDAQ

$5.40

-2.2%
HealthcareBiotechnology

Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. The company's lead product candidate is tenapanor, which has completed Phase III clinical trial for the treatment of patients with irritable bowel syndrome with constipation, as well as in Phase III clinical trial to control serum phosphorus in adult patients with chronic kidney disease (CKD)on dialysis, or hyperphosphatemia. It is also developing RDX013, a potassium secretagogue, for the treatment of elevated serum potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease; and RDX020, an early-stage program in metabolic acidosis, a serious electrolyte disorder in patients with CKD. The company has agreements with Kyowa Kirin in Japan, Fosun Pharmaceutical Industrial Development Co. Ltd. in China, and Knight Therapeutics, Inc. in Canada for the development and commercialization of tenapanor in their respective territories. The company was formerly known as Nteryx, Inc. and changed its name to Ardelyx, Inc. in June 2008. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$1.33B
EPS-0.2600
P/E Ratio-20.77
Earnings Date08/03/2026
Ardelyx, Inc.

Ardelyx, Inc. Fair Value Envelope

ARDX ยท NASDAQ

Our analysis suggests that ARDX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $5.4, this represents a potential HIDDEN relative to our calculated worth for Ardelyx, Inc..

Intrinsic Value
Current Price: $5.4

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-$350.1M
+ Cash & Equivalents$68.0M
Firm Value-$282.1M
- Debt$211.6M
Equity Value-$493.7M
/ Shares Outstanding239,467,218B
DCF Value-$2
OVERVALUED BY 138%

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
-$44.2M
-$46.0M
-$47.8M
-$49.8M
-$51.8M
-$53.8M
-$56.0M
-$58.3M
-$60.6M
-$63.0M
Maintenance CapEx
-$310.4K
-$322.9K
-$335.9K
-$349.4K
-$363.5K
-$378.2K
-$393.4K
-$409.2K
-$425.7K
-$442.8K
Owner Earnings
-$44.5M
-$46.3M
-$48.2M
-$50.1M
-$52.1M
-$54.2M
-$56.4M
-$58.7M
-$61.0M
-$63.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$41.2M
-$39.7M
-$38.2M
-$36.8M
-$35.5M
-$34.2M
-$32.9M
-$31.7M
-$30.5M
-$29.4M
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.