VANI - NASDAQ

Vivani Medical, Inc.

Vivani Medical, Inc.

VANIยทNASDAQ

$1.28

+0.39%
HealthcareMedical - Devices

Vivani Medical, Inc., a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles; and implantable visual prostheses devices to deliver useful artificial vision to blind individuals. The company is headquartered in Emeryville, California.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$75.92M
EPS-0.4300
P/E Ratio-2.99
Earnings Date08/12/2026
Vivani Medical, Inc.

Vivani Medical, Inc. Fair Value Envelope

VANI ยท NASDAQ

Our analysis suggests that VANI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.285, this represents a potential HIDDEN relative to our calculated worth for Vivani Medical, Inc..

HIDDEN
Intrinsic Value
Current Price: $1.285

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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$
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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-$68.2M
+ Cash & Equivalents$16.2M
Firm Value-$52.0M
- Debt$18.9M
Equity Value-$70.8M
/ Shares Outstanding59,243,903B
DCF Value-$1
OVERVALUED BY 193%

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
-$19.6M
-$15.8M
-$12.7M
-$10.2M
-$8.2M
-$6.6M
-$5.4M
-$4.3M
-$3.5M
-$2.8M
Maintenance CapEx
-$189.0K
-$152.2K
-$122.6K
-$98.8K
-$79.6K
-$64.1K
-$51.6K
-$41.6K
-$33.5K
-$27.0K
Owner Earnings
-$19.8M
-$15.9M
-$12.8M
-$10.3M
-$8.3M
-$6.7M
-$5.4M
-$4.4M
-$3.5M
-$2.8M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$18.3M
-$13.7M
-$10.2M
-$7.6M
-$5.7M
-$4.2M
-$3.2M
-$2.4M
-$1.8M
-$1.3M
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.

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