BioMarin Pharmaceutical Inc.

BioMarin Pharmaceutical Inc.

BMRNยทNASDAQ

$54.66

+2.5%
HealthcareBiotechnology

BioMarin Pharmaceutical Inc. develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder; Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with MPS VI; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company's commercial products also comprise Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme, which is delivered through subcutaneous injection to reduce blood Phe concentrations; Brineura, a recombinant human tripeptidyl peptidase 1 for the treatment of patients with ceroid lipofuscinosis type 2, a form of Batten disease; Voxzogo, a once daily injection analog of c-type natriuretic peptide for the treatment of achondroplasia; and Aldurazyme, a purified protein designed to be identical to a naturally occurring form of the human enzyme alpha-L-iduronidase. In addition, it develops valoctocogene roxaparvovec, an adeno associated virus vector, which is in Phase III clinical trial for the treatment of patients with severe hemophilia A; BMN 307, an AAV5 mediated gene therapy, which is in Phase 1/2 clinical trial to normalize blood Phe concentration levels in patients with PKU; and BMN 255 that is in Phase 1/2 clinical trial for treating primary hyperoxaluria. The company serves specialty pharmacies, hospitals, and non-U.S. government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. BioMarin Pharmaceutical Inc. has license and collaboration agreements with Sarepta Therapeutics, Ares Trading S.A., Catalyst Pharmaceutical Partners, Inc., and Asubio Pharma Co., Ltd. The company was incorporated in 1996 and is headquartered in San Rafael, California.

At a Glance

Live Snapshot
Market Cap$10.56B
EPS1.8200
P/E Ratio32.67
Earnings Date08/03/2026
BioMarin Pharmaceutical Inc.

BioMarin Pharmaceutical Inc. Fair Value Envelope

BMRN ยท NASDAQ

Our analysis suggests that BMRN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $54.66, this represents a potential HIDDEN relative to our calculated worth for BioMarin Pharmaceutical Inc..

Intrinsic Value
Current Price: $54.66

Owner Earnings Valuation Tool

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

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$516.5B
+ Cash & Equivalents$1.3B
Firm Value$517.8B
- Debt$642.9M
Equity Value$517.2B
/ Shares Outstanding192,114,344B
DCF Value$2.7K
UNDERVALUED BY 4825%

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
$1.3B
$1.9B
$2.9B
$4.5B
$6.8B
$10.4B
$15.9B
$24.2B
$36.9B
$56.3B
Maintenance CapEx
-$31.4M
-$47.9M
-$73.1M
-$111.4M
-$169.9M
-$259.1M
-$395.0M
-$602.4M
-$918.6M
-$1.4B
Owner Earnings
$1.2B
$1.9B
$2.9B
$4.4B
$6.7B
$10.2B
$15.5B
$23.6B
$36.0B
$54.9B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.1B
$1.6B
$2.3B
$3.2B
$4.5B
$6.4B
$9.0B
$12.8B
$18.0B
$25.4B
Terminal Value represents 83.7% of Enterprise Value