INGN - NASDAQ

Inogen, Inc.

Inogen, Inc.

INGNยทNASDAQ

$5.98

-1.6%
HealthcareMedical - Devices

Inogen, Inc., a medical technology company, develops, manufactures, and markets portable oxygen concentrators to patients, physicians and other clinicians, and third-party payors in the United States and internationally. Its oxygen concentrators are used to deliver supplemental long-term oxygen therapy to patients suffering from chronic respiratory conditions. The company offers Inogen One, a portable device that concentrate the air around the patient to provide a single source of supplemental oxygen; Inogen At Home stationary oxygen concentrators; Inogen Tidal Assist Ventilators, as well as related accessories. The company also rents its products directly to patients. Inogen, Inc. was incorporated in 2001 and is headquartered in Goleta, California.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$161.91M
EPS-0.8500
P/E Ratio-7.04
Earnings Date08/06/2026
Inogen, Inc.

Inogen, Inc. Fair Value Envelope

INGN ยท NASDAQ

Our analysis suggests that INGN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $5.98, this represents a potential HIDDEN relative to our calculated worth for Inogen, Inc..

HIDDEN
Intrinsic Value
Current Price: $5.98

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-$11.5M
+ Cash & Equivalents$103.7M
Firm Value$92.3M
- Debt$17.5M
Equity Value$74.8M
/ Shares Outstanding27,040,390B
DCF Value$3
OVERVALUED BY 54%

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
-$5.6M
-$2.8M
-$1.4M
-$701.0K
-$350.5K
-$175.3K
-$87.6K
-$43.8K
-$21.9K
-$11.0K
Maintenance CapEx
-$1.0M
-$519.2K
-$259.6K
-$129.8K
-$64.9K
-$32.4K
-$16.2K
-$8.1K
-$4.1K
-$2.0K
Owner Earnings
-$6.6M
-$3.3M
-$1.7M
-$830.8K
-$415.4K
-$207.7K
-$103.8K
-$51.9K
-$26.0K
-$13.0K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$6.2M
-$2.8M
-$1.3M
-$610.7K
-$282.7K
-$130.9K
-$60.6K
-$28.1K
-$13.0K
-$6.0K
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.

Related Guides

Blog Categories

Continue your INGN research with focused valuation guides.

DCF Modeling

Improve assumptions for intrinsic value accuracy.

Forecasting

Calibrate growth paths and terminal value behavior.

WACC

Refine discount-rate logic for valuation quality.

Cost of Capital

Match risk profile to expected return assumptions.

Research Paths

Pick your next lens
1

Snapshot

Start with context, operating signals, and key market metrics.

2

Value Model

Stress test fair value across bear, base, and bull assumptions.

3

Statements

Validate revenue quality, margins, and balance sheet durability.

4

Earnings Call

Read management commentary and compare it with reported outcomes.

5

Dividends

Check payout sustainability and long-term distribution behavior.

6

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.