$10.20
-2.9%Novavax, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs. The company's vaccine candidates include NVX-CoV2373, a coronavirus vaccine candidate that is in two Phase III trials, one Phase IIb trial, and one Phase I/II trial; NanoFlu, a nanoparticle seasonal quadrivalent influenza vaccine candidate that is in Phase 3 clinical trial; and ResVax, a respiratory syncytial virus (RSV) fusion (F) protein nanoparticle vaccine candidate. It is also developing RSV F vaccine that is in Phase II clinical trial for older adults (60 years and older), as well as that is in Phase I clinical trial for pediatrics. It has a collaboration agreement with Takeda Pharmaceutical Company Limited for the development, manufacturing, and commercialization of NVX-CoV2373, a COVID-19 vaccine candidate. Novavax, Inc. was incorporated in 1987 and is headquartered in Gaithersburg, Maryland.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
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 | -$122.3M | -$61.2M | -$30.6M | -$15.3M | -$7.6M | -$3.8M | -$1.9M | -$955.6K | -$477.8K | -$238.9K |
| Maintenance CapEx | -$556.0K | -$278.0K | -$139.0K | -$69.5K | -$34.8K | -$17.4K | -$8.7K | -$4.3K | -$2.2K | -$1.1K |
| Owner Earnings | -$122.9M | -$61.4M | -$30.7M | -$15.4M | -$7.7M | -$3.8M | -$1.9M | -$959.9K | -$480.0K | -$240.0K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$113.8M | -$52.7M | -$24.4M | -$11.3M | -$5.2M | -$2.4M | -$1.1M | -$518.6K | -$240.1K | -$111.2K |
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