Alto Neuroscience, Inc.

Alto Neuroscience, Inc.

ANROยทNYSE

$18.85

+0.75%
HealthcareBiotechnology

Alto Neuroscience, Inc. operates as a clinical-stage biopharmaceutical company that engages in the psychiatry drug development business. The company develops ALTO-100 for the treatment of patients with major depressive disorder (MDD) and post-traumatic stress disorder; ALTO-300, a small molecule melatonergic agonist and serotonergic antagonist with antidepressant properties to treat patients with MDD; and ALTO-101, a novel small molecule phosphodiesterase 4 inhibitor for the treatment of cognitive impairment associated with schizophrenia. It also develops ALTO-203, a novel small-molecule histamine H3 receptor inverse agonist to treat patients with MDD and higher levels of anhedonia, and ALTO-202, an investigational orally bioavailable antagonist of the GluN2B subunit of the NMDA receptor for the treatment of MDD. In addition, the company develops novel pharmacodynamically synergistic combinations and an AI-enabled biomarker platform that combine sources of information on patients brain activity and behavior to identify patients to respond to novel product candidates. Alto Neuroscience, Inc. was incorporated in 2019 and is based in Los Altos, California.

At a Glance

Live Snapshot
Market Cap$661.52M
EPS-2.1900
P/E Ratio-8.61
Earnings Date08/12/2026
Alto Neuroscience, Inc.

Alto Neuroscience, Inc. Fair Value Envelope

ANRO ยท NYSE

Our analysis suggests that ANRO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $18.85, this represents a potential HIDDEN relative to our calculated worth for Alto Neuroscience, Inc..

Intrinsic Value
Current Price: $18.85

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-$278.2M
+ Cash & Equivalents$176.5M
Firm Value-$101.7M
- Debt$4.4M
Equity Value-$106.1M
/ Shares Outstanding27,074,847B
DCF Value-$4
OVERVALUED BY 121%

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
-$49.4M
-$47.1M
-$44.9M
-$42.8M
-$40.8M
-$38.9M
-$37.1M
-$35.4M
-$33.8M
-$32.2M
Maintenance CapEx
-$4.6K
-$4.4K
-$4.2K
-$4.0K
-$3.8K
-$3.6K
-$3.4K
-$3.3K
-$3.1K
-$3.0K
Owner Earnings
-$49.4M
-$47.1M
-$44.9M
-$42.8M
-$40.8M
-$38.9M
-$37.1M
-$35.4M
-$33.8M
-$32.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$45.7M
-$40.4M
-$35.6M
-$31.5M
-$27.8M
-$24.5M
-$21.7M
-$19.1M
-$16.9M
-$14.9M
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.