Erasca, Inc.

Erasca, Inc.

ERASยทNASDAQ

$13.18

+1.2%
HealthcareBiotechnology

Erasca, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The company's lead candidates include ERAS-007, an oral inhibitor of ERK1/2 for the treatment of non-small cell lung cancer, colorectal cancer, and acute myeloid leukemia; and ERAS-601, an oral SHP2 inhibitor for patients with advanced or metastatic solid tumors. It is also developing ERAS-801, a central nervous system-penetrant EGFR inhibitor for the treatment of patients with recurrent glioblastoma multiforme. The company was incorporated in 2018 and is headquartered in San Diego, California.

At a Glance

Live Snapshot
Market Cap$4.10B
EPS-0.4400
P/E Ratio-29.95
Earnings Date08/11/2026
Erasca, Inc.

Erasca, Inc. Fair Value Envelope

ERAS ยท NASDAQ

Our analysis suggests that ERAS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $13.18, this represents a potential HIDDEN relative to our calculated worth for Erasca, Inc..

Intrinsic Value
Current Price: $13.18

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-$2.7B
+ Cash & Equivalents$73.8M
Firm Value-$2.6B
- Debt$47.1M
Equity Value-$2.6B
/ Shares Outstanding283,670,139B
DCF Value-$9
OVERVALUED BY 171%

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
-$121.8M
-$155.4M
-$198.2M
-$252.9M
-$322.6M
-$411.5M
-$525.0M
-$669.8M
-$854.5M
-$1.1B
Maintenance CapEx
-$32.7K
-$41.7K
-$53.2K
-$67.8K
-$86.5K
-$110.4K
-$140.8K
-$179.6K
-$229.2K
-$292.4K
Owner Earnings
-$121.8M
-$155.4M
-$198.3M
-$252.9M
-$322.7M
-$411.7M
-$525.2M
-$670.0M
-$854.7M
-$1.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$112.8M
-$133.2M
-$157.4M
-$185.9M
-$219.6M
-$259.4M
-$306.4M
-$362.0M
-$427.6M
-$505.1M
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.