4D Molecular Therapeutics, Inc.

4D Molecular Therapeutics, Inc.

FDMTยทNASDAQ

$9.53

+2.8%
HealthcareBiotechnology

4D Molecular Therapeutics, Inc., a clinical-stage gene therapy company, develops product candidates using its adeno-associated viruses vectors. It develops a portfolio of gene therapy product candidates focuses in three therapeutic areas: ophthalmology, cardiology, and pulmonology. The company has three product candidates that are in clinical trials: 4D-125 that is in a Phase 1/2 clinical trial for the treatment of X-linked retinitis pigmentosa; 4D-110 that is in a Phase 1/2 clinical trial for the treatment of choroideremia; and 4D-310, which is in a Phase 1/2 clinical trial for the treatment of Fabry disease. Its two IND candidates are 4D-150 for the treatment of wet age-related macular degeneration and 4D-710 for the treatment of cystic fibrosis lung disease. 4D Molecular Therapeutics, Inc. has research and collaboration arrangements with uniQure; CRF; Roche; and CFF. The company was founded in 2013 and is headquartered in Emeryville, California.4D Molecular Therapeutics, Inc., a clinical-stage gene therapy company, develops product candidates using its adeno-associated viruses vectors. It develops a portfolio of gene therapy product candidates focuses in three therapeutic areas: ophthalmology, cardiology, and pulmonology. The company has three product candidates that are in clinical trials: 4D-125 that is in a Phase 1/2 clinical trial for the treatment of X-linked retinitis pigmentosa; 4D-110 that is in a Phase 1/2 clinical trial for the treatment of choroideremia; and 4D-310, which is in a Phase 1/2 clinical trial for the treatment of Fabry disease. Its two IND candidates are 4D-150 for the treatment of wet age-related macular degeneration and 4D-710 for the treatment of cystic fibrosis lung disease. 4D Molecular Therapeutics, Inc. has research and collaboration arrangements with uniQure; CRF; Roche; and CFF. The company was founded in 2013 and is headquartered in Emeryville, California.

At a Glance

Live Snapshot
Market Cap$498.19M
EPS-2.4200
P/E Ratio-3.94
Earnings Date08/10/2026
4D Molecular Therapeutics, Inc.

4D Molecular Therapeutics, Inc. Fair Value Envelope

FDMT ยท NASDAQ

Our analysis suggests that FDMT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.53, this represents a potential HIDDEN relative to our calculated worth for 4D Molecular Therapeutics, Inc..

Intrinsic Value
Current Price: $9.53

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-$2.2B
+ Cash & Equivalents$60.2M
Firm Value-$2.1B
- Debt$21.4M
Equity Value-$2.1B
/ Shares Outstanding46,702,500B
DCF Value-$46
OVERVALUED BY 579%

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
-$132.2M
-$160.1M
-$194.0M
-$235.1M
-$284.9M
-$345.2M
-$418.3M
-$506.8M
-$614.1M
-$744.0M
Maintenance CapEx
-$129.9K
-$157.4K
-$190.7K
-$231.1K
-$280.0K
-$339.2K
-$411.0K
-$498.0K
-$603.5K
-$731.2K
Owner Earnings
-$132.3M
-$160.3M
-$194.2M
-$235.4M
-$285.2M
-$345.5M
-$418.7M
-$507.3M
-$614.7M
-$744.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$122.5M
-$137.4M
-$154.2M
-$173.0M
-$194.1M
-$217.7M
-$244.3M
-$274.1M
-$307.5M
-$345.0M
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.