Corcept Therapeutics Incorporated

Corcept Therapeutics Incorporated

CORTยทNASDAQ

$72.65

+1.8%
HealthcareBiotechnology

Corcept Therapeutics Incorporated discovers, develops, and commercializes drugs for the treatment of severe metabolic, oncologic, and neuropsychiatric disorders in the United States. The company offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing's syndrome, who have type 2 diabetes mellitus or glucose intolerance, and have failed surgery or are not candidates for surgery. It is developing relacorilant to treat patients with Cushing's syndrome; and nab-paclitaxel in combination with relacorilant, which has completed Phase II clinical trial to treat patients with advanced ovarian tumors, as well as for the treatment of cortisol excess. The company is also developing selective cortisol modulator to treat patients with metastatic castration-resistant prostate cancer; selective cortisol modulator for the treatment of antipsychotic-induced weight gain and other disorders; and FKBP5 gene expression assays. Corcept Therapeutics Incorporated was incorporated in 1998 and is headquartered in Menlo Park, California.

At a Glance

Live Snapshot
Market Cap$7.80B
EPS0.9500
P/E Ratio36.27
Earnings Date07/30/2026
Corcept Therapeutics Incorporated

Corcept Therapeutics Incorporated Fair Value Envelope

CORT ยท NASDAQ

Our analysis suggests that CORT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $72.65, this represents a potential HIDDEN relative to our calculated worth for Corcept Therapeutics Incorporated.

Intrinsic Value
Current Price: $72.65

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$327.3M
+ Cash & Equivalents$120.5M
Firm Value$447.8M
- Debt$6.1M
Equity Value$441.6M
/ Shares Outstanding105,188,217B
DCF Value$4
OVERVALUED BY 94%

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
$102.8M
$74.4M
$53.8M
$39.0M
$28.2M
$20.4M
$14.8M
$10.7M
$7.7M
$5.6M
Maintenance CapEx
-$30.5K
-$22.1K
-$16.0K
-$11.6K
-$8.4K
-$6.1K
-$4.4K
-$3.2K
-$2.3K
-$1.7K
Owner Earnings
$102.7M
$74.4M
$53.8M
$39.0M
$28.2M
$20.4M
$14.8M
$10.7M
$7.7M
$5.6M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$95.1M
$63.8M
$42.7M
$28.6M
$19.2M
$12.9M
$8.6M
$5.8M
$3.9M
$2.6M
Terminal Value represents 13.5% of Enterprise Value