Heron Therapeutics, Inc.

Heron Therapeutics, Inc.

HRTXยทNASDAQ

$0.49

+8.9%
HealthcareBiotechnology

Heron Therapeutics, Inc., a biotechnology company, engages in developing treatments to address unmet patient needs. The company's product candidates utilize its proprietary Biochronomer, a drug delivery technology, which delivers therapeutic levels of a range of short-acting pharmacological agents over a period from days to weeks with a single administration. It offers SUSTOL (granisetron), an extended-release injection for the prevention of acute and delayed nausea and vomiting associated with moderately emetogenic chemotherapy, or anthracycline and cyclophosphamide combination chemotherapy regimens; and CINVANTI, an intravenous formulation of aprepitant, a substance P/neurokinin-1 receptor antagonist for the prevention of acute and delayed nausea and vomiting associated with highly emetogenic cancer chemotherapy, as well as nausea and vomiting associated with moderately emetogenic cancer chemotherapy. The company is also developing ZYNRELEF, a dual-acting local anesthetic that delivers a fixed-dose combination of the local anesthetic bupivacaine and a low dose of the nonsteroidal anti-inflammatory drug meloxicam; HTX-019, an investigational agent for the prevention of postoperative nausea and vomiting; and HTX-034 for postoperative pain management, as well as is in Phase Ib/II clinical study in patients undergoing bunionectomy. The company was formerly known as A.P. Pharma, Inc. and changed its name to Heron Therapeutics, Inc. in January 2014. Heron Therapeutics, Inc. was founded in 1983 and is headquartered in San Diego, California.

At a Glance

Live Snapshot
Market Cap$77.82M
EPS-0.1200
P/E Ratio-4.11
Earnings Date08/11/2026
Heron Therapeutics, Inc.

Heron Therapeutics, Inc. Fair Value Envelope

HRTX ยท NASDAQ

Our analysis suggests that HRTX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $0.4927, this represents a potential HIDDEN relative to our calculated worth for Heron Therapeutics, Inc..

Intrinsic Value
Current Price: $0.4927

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-$92.3M
+ Cash & Equivalents$28.6M
Firm Value-$63.6M
- Debt$140.6M
Equity Value-$204.2M
/ Shares Outstanding153,332,075B
DCF Value-$1
OVERVALUED BY 370%

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
-$23.4M
-$19.9M
-$16.9M
-$14.3M
-$12.1M
-$10.3M
-$8.7M
-$7.4M
-$6.3M
-$5.3M
Maintenance CapEx
-$53.8K
-$45.6K
-$38.7K
-$32.9K
-$27.9K
-$23.6K
-$20.1K
-$17.0K
-$14.4K
-$12.3K
Owner Earnings
-$23.5M
-$19.9M
-$16.9M
-$14.3M
-$12.2M
-$10.3M
-$8.8M
-$7.4M
-$6.3M
-$5.3M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$21.7M
-$17.1M
-$13.4M
-$10.5M
-$8.3M
-$6.5M
-$5.1M
-$4.0M
-$3.2M
-$2.5M
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.