$6.87
+2.6%Artiva Biotherapeutics, Inc., a clinical-stage biotechnology company, focuses on developing natural killer (NK) cell-based therapies for patients suffering from autoimmune diseases and cancers. The company's lead product candidate is AB-101, an off-the-shelf NK cell therapy for patients with autoimmune diseases and cancers, such as lupus nephritis, rheumatoid arthritis, pemphigus vulgaris, the anti-neutrophil cytoplasmic antibody-associated vasculitis subtypes granulomatosis with polyangiitis/microscopic polyangiitis, systemic lupus erythematosus, and B-cell-non-Hodgkin lymphoma. It also develops AB-201, an allogeneic anti- human epidermal growth factor receptor 2 chimeric antigen receptor (CAR)-NK cell product candidate; and AB-205, an allogeneic anti-CD5 CAR-NK cell product candidate. The company was incorporated in 2019 and is headquartered in San Diego, 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 | -$44.1M | -$25.4M | -$14.6M | -$8.4M | -$4.8M | -$2.8M | -$1.6M | -$916.5K | -$527.0K | -$303.0K |
| Maintenance CapEx | -$297.5K | -$171.0K | -$98.3K | -$56.5K | -$32.5K | -$18.7K | -$10.7K | -$6.2K | -$3.6K | -$2.0K |
| Owner Earnings | -$44.4M | -$25.5M | -$14.7M | -$8.4M | -$4.9M | -$2.8M | -$1.6M | -$922.7K | -$530.5K | -$305.0K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$41.1M | -$21.9M | -$11.7M | -$6.2M | -$3.3M | -$1.8M | -$936.4K | -$498.5K | -$265.4K | -$141.3K |
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