Natera, Inc.

Natera, Inc.

NTRAยทNASDAQ

$211.85

-0.41%
HealthcareMedical - Diagnostics & Research

Natera, Inc., a diagnostics company, develops and commercializes molecular testing services worldwide. It offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, as well as twin pregnancies for zygosity; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases; and Spectrum to identify chromosomal anomalies or inherited genetic conditions during an in vitro fertilization cycle. The company also provides Anora miscarriage test products to analyze fetal chromosomes to understand the cause of miscarriage; and non-invasive paternity testing products to determine paternity by gestation using a blood draw from the pregnant mother and alleged father. In addition, it offers Constellation, a cloud-based software product that enables laboratory customers to gain access through the cloud to the company's algorithms and bioinformatics in order to validate and launch tests; Signatera, a circulating tumor DNA technology that screen for a generic set of mutations independent of an individual's tumor; and Prospera used to assess organ transplant rejection. The company offers products through its direct sales force, as well as through a network of approximately 100 laboratory and distribution partners. It has a partnership agreement with BGI Genomics Co., Ltd. to develop, manufacture, and commercialize NGS-based genetic testing assays; and Foundation Medicine, Inc. to develop and commercialize personalized circulating tumor DNA monitoring assays. The company was formerly known as Gene Security Network, Inc. and changed its name to Natera, Inc. in 2012. Natera, Inc. was founded in 2003 and is based in Austin, Texas.

At a Glance

Live Snapshot
Market Cap$30.34B
EPS-1.5200
P/E Ratio-139.37
Earnings Date08/06/2026
Natera, Inc.

Natera, Inc. Fair Value Envelope

NTRA ยท NASDAQ

Our analysis suggests that NTRA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $211.85, this represents a potential HIDDEN relative to our calculated worth for Natera, Inc..

Intrinsic Value
Current Price: $211.85

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$170.7B
+ Cash & Equivalents$1.1B
Firm Value$171.7B
- Debt$214.4M
Equity Value$171.5B
/ Shares Outstanding138,014,465B
DCF Value$1.2K
UNDERVALUED BY 487%

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
$339.3M
$534.7M
$842.5M
$1.3B
$2.1B
$3.3B
$5.2B
$8.2B
$12.9B
$20.3B
Maintenance CapEx
-$33.5M
-$52.7M
-$83.1M
-$131.0M
-$206.4M
-$325.2M
-$512.5M
-$807.6M
-$1.3B
-$2.0B
Owner Earnings
$305.8M
$481.9M
$759.4M
$1.2B
$1.9B
$3.0B
$4.7B
$7.4B
$11.6B
$18.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$283.2M
$413.2M
$602.9M
$879.6M
$1.3B
$1.9B
$2.7B
$4.0B
$5.8B
$8.5B
Terminal Value represents 84.6% of Enterprise Value