Cassava Sciences, Inc.

Cassava Sciences, Inc.

SAVAยทNASDAQ

$1.96

-6.5%
HealthcareBiotechnology

Cassava Sciences, Inc., a clinical stage biotechnology company, develops drugs for neurodegenerative diseases. Its lead therapeutic product candidate is simufilam, a small molecule drug, which is completed Phase 2b clinical trial; and investigational diagnostic product candidate is SavaDx, a blood-based biomarker/diagnostic to detect Alzheimer's disease. The company was formerly known as Pain Therapeutics, Inc. and changed its name to Cassava Sciences, Inc. in March 2019. Cassava Sciences, Inc. was incorporated in 1998 and is based in Austin, Texas.

At a Glance

Live Snapshot
Market Cap$94.44M
EPS-1.8800
P/E Ratio-1.04
Earnings Date03/16/2026
Cassava Sciences, Inc.

Cassava Sciences, Inc. Fair Value Envelope

SAVA ยท NASDAQ

Our analysis suggests that SAVA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.955, this represents a potential HIDDEN relative to our calculated worth for Cassava Sciences, Inc..

Intrinsic Value
Current Price: $1.955

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-$9.0B
+ Cash & Equivalents$95.5M
Firm Value-$8.9B
- Debt$0
Equity Value-$8.9B
/ Shares Outstanding48,307,896B
DCF Value-$185
OVERVALUED BY 9549%

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
-$55.5M
-$95.4M
-$164.0M
-$281.9M
-$484.7M
-$833.5M
-$1.4B
-$2.5B
-$4.2B
-$7.3B
Maintenance CapEx
-$199.8K
-$343.5K
-$590.7K
-$1.0M
-$1.7M
-$3.0M
-$5.2M
-$8.9M
-$15.3M
-$26.2M
Owner Earnings
-$55.7M
-$95.7M
-$164.5M
-$282.9M
-$486.5M
-$836.5M
-$1.4B
-$2.5B
-$4.3B
-$7.3B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$51.5M
-$82.0M
-$130.6M
-$208.0M
-$331.1M
-$527.1M
-$839.2M
-$1.3B
-$2.1B
-$3.4B
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.