Intrinsic value of DURECT Corporation (DRRX)

[per Chepakovich valuation model]

other valuations of DRRX

[per Chepakovich valuation model]  See other valuations of DRRX stock

Previous Close$1.72
Intrinsic Value
Upside potential
Previous Close
$1.72

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %20.1NaN
Revenue, $30NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m43NaN
Operating income, $m-13NaN
EBITDA, $m-12NaN
Interest expense (income), $mNaN
Earnings before tax, $m-32NaN
Tax expense, $m-31NaN
Net income, $m-1NaN

BALANCE SHEET

Cash and short-term investments, $m41NaN
Total assets, $m76NaN
Adjusted assets (=assets-cash), $m35NaN
Average production assets, $m6NaN
Working capital, $m52NaN
Total debt, $m21NaN
Total liabilities, $m36NaN
Total equity, $m40NaN
Debt-to-equity ratio0.519NaN
Adjusted equity ratio0.008NaN

CASH FLOW

Net income, $m-1NaN
Depreciation, amort., depletion, $m0NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m-39NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-0NaN
Free cash flow, $m-38NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m52
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN