Tonix Pharmaceuticals Holding Corp.

Tonix Pharmaceuticals Holding Corp.

TNXPยทNASDAQ

$11.40

-1.2%
HealthcareBiotechnology

Tonix Pharmaceuticals Holding Corp., a clinical-stage biopharmaceutical company, focuses on discovering, acquiring, developing, and licensing therapeutics and diagnostics to treat and prevent human disease and alleviate suffering. Its portfolio includes immunology, rare disease, infectious disease, and central nervous system (CNS) product candidates. The company's immunology portfolio includes biologics to address organ transplant rejection, autoimmunity, and cancer, including TNX-1500, a humanized monoclonal antibody targeting CD40-ligand being developed for the prevention of allograft and xenograft rejection and for the treatment of autoimmune diseases. Its rare disease portfolio comprises TNX-2900 for the treatment of Prader-Willi syndrome. The company's infectious disease pipeline includes TNX-801, a vaccine to prevent smallpox and monkeypox; TNX-1840 and TNX-1850 that are live virus vaccines based on its recombinant pox vaccine (RPV) platform for COVID-19; TNX-3500, a small molecule antiviral drug to treat acute COVID-19; and TNX-102 SL, a small molecule drug to treat Long COVID, a chronic post-acute COVID-19 condition. Its CNS portfolio includes small molecules and biologics to treat pain, neurologic, psychiatric, and addiction conditions, including TNX-102 SL, which is in mid-Phase 3 development for the management of fibromyalgia; TNX-1900 that is in development for the prevention of migraine headache; and TNX-1300, a biologic designed to treat cocaine intoxication. The company was founded in 2007 and is headquartered in Chatham, New Jersey.

At a Glance

Live Snapshot
Market Cap$181.73M
EPS-14.5700
P/E Ratio-0.78
Earnings Date08/10/2026
Tonix Pharmaceuticals Holding Corp.

Tonix Pharmaceuticals Holding Corp. Fair Value Envelope

TNXP ยท NASDAQ

Our analysis suggests that TNXP has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.4, this represents a potential HIDDEN relative to our calculated worth for Tonix Pharmaceuticals Holding Corp..

Intrinsic Value
Current Price: $11.4

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-$86.6M
+ Cash & Equivalents$207.6M
Firm Value$121.0M
- Debt$1.3M
Equity Value$119.7M
/ Shares Outstanding8,765,900B
DCF Value$14
UNDERVALUED BY 20%

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
-$49.9M
-$25.0M
-$12.5M
-$6.2M
-$3.1M
-$1.6M
-$780.0K
-$390.0K
-$195.0K
-$97.5K
Maintenance CapEx
-$336.9K
-$168.5K
-$84.2K
-$42.1K
-$21.1K
-$10.5K
-$5.3K
-$2.6K
-$1.3K
-$658
Owner Earnings
-$50.3M
-$25.1M
-$12.6M
-$6.3M
-$3.1M
-$1.6M
-$785.3K
-$392.6K
-$196.3K
-$98.2K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$46.5M
-$21.5M
-$10.0M
-$4.6M
-$2.1M
-$989.7K
-$458.2K
-$212.1K
-$98.2K
-$45.5K
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.