$9.05
+1.7%ARS Pharmaceuticals, Inc. develops ARS-1, a novel intranasal epinephrine spray with absorption technology for patients and their families at-risk of severe allergic reactions to food, medications, and insect bites. Its product includes Neffy, a low-dose intranasal epinephrine nasal spray. The company was incorporated in 2015 and is based in San Diego, California.
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 | -$85.4M | -$42.7M | -$21.4M | -$10.7M | -$5.3M | -$2.7M | -$1.3M | -$667.4K | -$333.7K | -$166.9K |
| Maintenance CapEx | -$33.9K | -$17.0K | -$8.5K | -$4.2K | -$2.1K | -$1.1K | -$530 | -$265 | -$132 | -$66 |
| Owner Earnings | -$85.5M | -$42.7M | -$21.4M | -$10.7M | -$5.3M | -$2.7M | -$1.3M | -$667.7K | -$333.9K | -$166.9K |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$79.1M | -$36.6M | -$17.0M | -$7.9M | -$3.6M | -$1.7M | -$779.2K | -$360.7K | -$167.0K | -$77.3K |
Continue your SPRY research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.