89bio, Inc.

89bio, Inc.

ETNBยทNASDAQ

$14.84

+0.0000%
HealthcareBiotechnology

89bio, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. Its lead product candidate is pegozafermin, a glycoPEGylated analog of fibroblast growth factor 21 for the treatment of nonalcoholic steatohepatitis. The company also intends to develop pegozafermin for the treatment of severe hypertriglyceridemia. 89bio, Inc. was incorporated in 2018 and is headquartered in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$2.20B
EPS-3.5100
P/E Ratio-2.23
Earnings Date11/06/2025
89bio, Inc.

89bio, Inc. Fair Value Envelope

ETNB ยท NASDAQ

Our analysis suggests that ETNB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $14.84, this represents a potential HIDDEN relative to our calculated worth for 89bio, Inc..

Intrinsic Value
Current Price: $14.84

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-$316.9M
+ Cash & Equivalents$126.1M
Firm Value-$190.9M
- Debt$37.5M
Equity Value-$228.4M
/ Shares Outstanding148,299,162B
DCF Value-$2
OVERVALUED BY 110%

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
-$183.9M
-$92.0M
-$46.0M
-$23.0M
-$11.5M
-$5.7M
-$2.9M
-$1.4M
-$718.4K
-$359.2K
Maintenance CapEx
-$1.5K
-$750
-$375
-$188
-$94
-$47
-$23
-$12
-$6
-$3
Owner Earnings
-$183.9M
-$92.0M
-$46.0M
-$23.0M
-$11.5M
-$5.7M
-$2.9M
-$1.4M
-$718.4K
-$359.2K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$170.3M
-$78.8M
-$36.5M
-$16.9M
-$7.8M
-$3.6M
-$1.7M
-$776.3K
-$359.4K
-$166.4K
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.