Arcus Biosciences, Inc.

Arcus Biosciences, Inc.

RCUSยทNYSE

$23.86

-7.1%
HealthcareBiotechnology

Arcus Biosciences, Inc., a clinical-stage biopharmaceutical company, develops and commercializes cancer therapies in the United States. Its product pipeline includes, Etrumadenant, a dual A2a/A2b adenosine receptor antagonist, which is in a Phase 1b/2 clinical trial; and Zimberelimab, an anti-PD-1 antibody that is in Phase 1b clinical trial for monotherapy. The company also develops Domvanalimab, an anti-TIGIT monoclonal antibody, which is in Phase 2 development for the treatment of first-line metastatic non-small cell lung cancer in combination with Zimberelimab; Quemliclustat, a small-molecule CD73 inhibitor is in a Phase 1/1b study for the treatment of first-line metastatic pancreatic cancer; and AB521, an oral and small molecule HIF-2a inhibitor that is in Phase 1 study for the treatment of patients with von Hippel- Lindau disease. It has a clinical development collaboration agreement with Strata Oncology, Inc. to evaluate Zimberelimab; a collaboration with AstraZeneca, BVF Partners L.P to evaluate domvanalimab, its investigational anti-TIGIT antibody, in combination with Imfinzi (durvalumab) in a registrational Phase 3 clinical trial in patients with unresectable Stage III non-small cell lung cancer; and license agreements with Taiho Pharmaceutical Co., Ltd, Abmuno Therapeutics LLC, and WuXi Biologics to develop anti-CD39 antibody for the treatment of cancer. The company was incorporated in 2015 and is headquartered in Hayward, California.

At a Glance

Live Snapshot
Market Cap$2.40B
EPS-3.2900
P/E Ratio-7.25
Earnings Date08/05/2026
Arcus Biosciences, Inc.

Arcus Biosciences, Inc. Fair Value Envelope

RCUS ยท NYSE

Our analysis suggests that RCUS has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $23.86, this represents a potential HIDDEN relative to our calculated worth for Arcus Biosciences, Inc..

Intrinsic Value
Current Price: $23.86

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$415.7M
+ Cash & Equivalents$222.0M
Firm Value-$193.7M
- Debt$99.0M
Equity Value-$292.7M
/ Shares Outstanding107,978,170B
DCF Value-$3
OVERVALUED BY 111%

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
-$241.0M
-$120.5M
-$60.3M
-$30.1M
-$15.1M
-$7.5M
-$3.8M
-$1.9M
-$941.4K
-$470.7K
Maintenance CapEx
-$200.0K
-$100.0K
-$50.0K
-$25.0K
-$12.5K
-$6.3K
-$3.1K
-$1.6K
-$781
-$391
Owner Earnings
-$241.2M
-$120.6M
-$60.3M
-$30.2M
-$15.1M
-$7.5M
-$3.8M
-$1.9M
-$942.2K
-$471.1K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$223.3M
-$103.4M
-$47.9M
-$22.2M
-$10.3M
-$4.7M
-$2.2M
-$1.0M
-$471.3K
-$218.2K
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.