Kezar Life Sciences, Inc.

Kezar Life Sciences, Inc.

KZRยทNASDAQ

$7.29

+0.0000%
HealthcareBiotechnology

Kezar Life Sciences, Inc., a clinical-stage biotechnology company, engages in the discovery and development of novel small molecule therapeutics to treat unmet needs in immune-mediated diseases and cancer in the United States. The company's lead product candidate is KZR-616, a selective immunoproteasome inhibitor that is in Phase 2 clinical trials for various indications, including lupus nephritis, dermatomyositis, and polymyositis; and Phase 1b clinical trials in systemic lupus erythematosus and lupus nephritis. Its preclinical products include KZR-261, a novel first-in-class protein secretion inhibitor for the treatment of KZR-261; and KZR-TBD for the treatment of oncology and immunology. The company was incorporated in 2015 and is based in South San Francisco, California.

At a Glance

Live Snapshot
Market Cap$53.86M
EPS-7.6600
P/E Ratio-0.82
Earnings Date08/06/2026
Kezar Life Sciences, Inc.

Kezar Life Sciences, Inc. Fair Value Envelope

KZR ยท NASDAQ

Our analysis suggests that KZR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $7.29, this represents a potential HIDDEN relative to our calculated worth for Kezar Life Sciences, Inc..

Intrinsic Value
Current Price: $7.29

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-$1.7B
+ Cash & Equivalents$71.9M
Firm Value-$1.6B
- Debt$2.3M
Equity Value-$1.6B
/ Shares Outstanding7,323,156B
DCF Value-$219
OVERVALUED BY 3097%

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
-$67.4M
-$87.8M
-$114.4M
-$149.0M
-$194.1M
-$252.8M
-$329.2M
-$428.8M
-$558.5M
-$727.5M
Maintenance CapEx
-$2.1K
-$2.7K
-$3.5K
-$4.6K
-$6.0K
-$7.8K
-$10.2K
-$13.3K
-$17.3K
-$22.5K
Owner Earnings
-$67.4M
-$87.8M
-$114.4M
-$149.0M
-$194.1M
-$252.8M
-$329.3M
-$428.8M
-$558.6M
-$727.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$62.4M
-$75.3M
-$90.8M
-$109.5M
-$132.1M
-$159.3M
-$192.1M
-$231.7M
-$279.4M
-$337.0M
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.