Cytokinetics, Incorporated

Cytokinetics, Incorporated

CYTKยทNASDAQ

$70.71

+0.041%
HealthcareBiotechnology

Cytokinetics, Incorporated, a late-stage biopharmaceutical company, focuses on discovering, developing, and commercializing muscle activators and inhibitors as potential treatments for debilitating diseases. The company develops small molecule drug candidates primarily engineered to impact muscle function and contractility. Its drug candidates include omecamtiv mecarbil, a novel cardiac myosin activator that is in Phase III clinical trial in patients with heart failure; and reldesemtiv, a skeletal muscle troponin activator, which is in Phase III clinical trial to treat amyotrophic lateral sclerosis and spinal muscular atrophy. The company also develops CK-136, a novel cardiac troponin activator that is in Phase I clinical trial; aficamten, a novel cardiac myosin inhibitor, which is in Phase III clinical trial for the treatment of patients with symptomatic obstructive hypertrophic cardiomyopathy; and CK-3772271, a small molecule cardiac myosin inhibitor that is in Phase I clinical trial. Cytokinetics, Incorporated has a strategic alliance with Astellas Pharma Inc. The company was incorporated in 1997 and is headquartered in South San Francisco, California.

At a Glance

Live Snapshot
Market Cap$8.80B
EPS-6.5400
P/E Ratio-10.81
Earnings Date08/06/2026
Cytokinetics, Incorporated

Cytokinetics, Incorporated Fair Value Envelope

CYTK ยท NASDAQ

Our analysis suggests that CYTK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $70.71, this represents a potential HIDDEN relative to our calculated worth for Cytokinetics, Incorporated.

Intrinsic Value
Current Price: $70.71

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-$810.3M
+ Cash & Equivalents$882.2M
Firm Value$71.9M
- Debt$1.3B
Equity Value-$1.2B
/ Shares Outstanding118,978,171B
DCF Value-$10
OVERVALUED BY 114%

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
-$337.8M
-$223.7M
-$148.1M
-$98.1M
-$65.0M
-$43.0M
-$28.5M
-$18.9M
-$12.5M
-$8.3M
Maintenance CapEx
-$3.3M
-$2.2M
-$1.4M
-$954.5K
-$632.1K
-$418.6K
-$277.3K
-$183.6K
-$121.6K
-$80.5K
Owner Earnings
-$341.1M
-$225.9M
-$149.6M
-$99.1M
-$65.6M
-$43.5M
-$28.8M
-$19.1M
-$12.6M
-$8.4M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$315.8M
-$193.6M
-$118.7M
-$72.8M
-$44.7M
-$27.4M
-$16.8M
-$10.3M
-$6.3M
-$3.9M
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.