Zenas BioPharma, Inc.

Zenas BioPharma, Inc.

ZBIOยทNASDAQ

$18.38

+7.3%
HealthcareBiotechnology

Zenas BioPharma, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of transformative immunology-based therapies. Its lead product candidate is obexelimab, a bifunctional monoclonal antibody for various indications, including immunoglobulin G4-related disease, multiple sclerosis, systemic lupus erythematosus, and warm autoimmune hemolytic anemia. The company also develops ZB002, an anti-TNFa monoclonal antibody; ZB004, a cytotoxic T-lymphocyte-associated antigen 4-immunoglobulin fusion; ZB001, an anti-insulin-like growth factor-1 receptor monoclonal antibody; and ZB005, an anti-active complement component 1s monoclonal antibody. Zenas BioPharma, Inc. was formerly known as Zenas BioPharma (Cayman) Limited and changed its name to Zenas BioPharma, Inc. in August 2023. The company was incorporated in 2019 and is based in Waltham, Massachusetts.

At a Glance

Live Snapshot
Market Cap$820.75M
EPS-8.4400
P/E Ratio-2.18
Earnings Date08/11/2026
Zenas BioPharma, Inc.

Zenas BioPharma, Inc. Fair Value Envelope

ZBIO ยท NASDAQ

Our analysis suggests that ZBIO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $18.3847, this represents a potential HIDDEN relative to our calculated worth for Zenas BioPharma, Inc..

Intrinsic Value
Current Price: $18.3847

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-$186.3M
+ Cash & Equivalents$110.6M
Firm Value-$75.7M
- Debt$80.0M
Equity Value-$155.6M
/ Shares Outstanding42,107,705B
DCF Value-$4
OVERVALUED BY 120%

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
-$96.7M
-$54.3M
-$30.5M
-$17.1M
-$9.6M
-$5.4M
-$3.0M
-$1.7M
-$954.7K
-$535.9K
Maintenance CapEx
-$2.0K
-$1.1K
-$637
-$358
-$201
-$113
-$63
-$36
-$20
-$11
Owner Earnings
-$96.8M
-$54.3M
-$30.5M
-$17.1M
-$9.6M
-$5.4M
-$3.0M
-$1.7M
-$954.7K
-$536.0K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$89.6M
-$46.6M
-$24.2M
-$12.6M
-$6.5M
-$3.4M
-$1.8M
-$918.7K
-$477.6K
-$248.3K
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.