Vericel Corporation

Vericel Corporation

VCELยทNASDAQ

$34.74

+2.7%
HealthcareBiotechnology

Vericel Corporation, a commercial-stage biopharmaceutical company, engages in the research, development, manufacture, and distribution of cellular therapies for sports medicine and severe burn care markets in the United States. The company markets autologous cell therapy products comprising MACI, an autologous cellularized scaffold product for the repair of symptomatic, and single or multiple full-thickness cartilage defects of the knee; and Epicel, a permanent skin replacement humanitarian use device for the treatment of adult and pediatric patients with deep-dermal or full-thickness burns. Its preapproval stage product is NexoBrid, a registration-stage biological orphan product for eschar removal in adults with deep partial-thickness and/or full-thickness thermal burns. The company was formerly known as Aastrom Biosciences, Inc. Vericel Corporation was incorporated in 1989 and is headquartered in Cambridge, Massachusetts.

At a Glance

Live Snapshot
Market Cap$1.77B
EPS0.3300
P/E Ratio110.29
Earnings Date07/30/2026
Vericel Corporation

Vericel Corporation Fair Value Envelope

VCEL ยท NASDAQ

Our analysis suggests that VCEL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $34.74, this represents a potential HIDDEN relative to our calculated worth for Vericel Corporation.

Intrinsic Value
Current Price: $34.74

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$422.6B
+ Cash & Equivalents$100.1M
Firm Value$422.7B
- Debt$98.3M
Equity Value$422.6B
/ Shares Outstanding50,571,535B
DCF Value$8.4K
UNDERVALUED BY 23954%

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
$103.8M
$207.6M
$415.3M
$830.6M
$1.7B
$3.3B
$6.6B
$13.3B
$26.6B
$53.2B
Maintenance CapEx
-$10.9M
-$21.7M
-$43.5M
-$86.9M
-$173.8M
-$347.7M
-$695.3M
-$1.4B
-$2.8B
-$5.6B
Owner Earnings
$93.0M
$185.9M
$371.8M
$743.6M
$1.5B
$3.0B
$5.9B
$11.9B
$23.8B
$47.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$86.1M
$159.4M
$295.2M
$546.6M
$1.0B
$1.9B
$3.5B
$6.4B
$11.9B
$22.0B
Terminal Value represents 88.7% of Enterprise Value