Novavax, Inc.

Novavax, Inc.

NVAXยทNASDAQ

$10.20

-2.9%
HealthcareBiotechnology

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.

At a Glance

Live Snapshot
Market Cap$1.68B
EPS2.7200
P/E Ratio3.75
Earnings Date08/05/2026
Novavax, Inc.

Novavax, Inc. Fair Value Envelope

NVAX ยท NASDAQ

Our analysis suggests that NVAX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $10.2, this represents a potential HIDDEN relative to our calculated worth for Novavax, Inc..

Intrinsic Value
Current Price: $10.2

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-$211.8M
+ Cash & Equivalents$240.6M
Firm Value$28.9M
- Debt$248.8M
Equity Value-$219.9M
/ Shares Outstanding162,490,738B
DCF Value-$1
OVERVALUED BY 113%

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
-$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
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.