Complete STTK Stock Valuation Analysis
Comprehensive intrinsic value analysis using 2 different methodologies
STTK DCF Analysis
STTK (Shattuck Labs, Inc.) discounted cash flow analysis with multiple scenarios, growth assumptions, and terminal value calculations
Financial Projections
| Metrics | 2022 (Historical) | 2023 (Historical) | 2024 (Historical) | 2025 (Projected) | 2026 (Projected) | 2027 (Projected) | 2028 (Projected) | 2029 (Projected) |
|---|---|---|---|---|---|---|---|---|
| Revenue | $652.0K | $1.7M | $5.7M | $7.2M | $8.9M | $11.2M | $14.0M | $17.5M |
| Revenue Growth % | - | 154.1% | 245.3% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| EBIT | $-103.3M | $-92.0M | $-80.6M | $357.6K | $447.0K | $558.7K | $698.4K | $873.0K |
| EBIT Margin % | -15848.0% | -5549.6% | -1408.3% | 5.0% | 5.0% | 5.0% | 5.0% | 5.0% |
| Tax Rate % | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% | 25.0% |
| NOPAT | $-77.5M | $-69.0M | $-60.4M | $268.2K | $335.2K | $419.0K | $523.8K | $654.7K |
| NOPAT Margin % | -11886.0% | -4162.2% | -1056.2% | 3.8% | 3.8% | 3.8% | 3.8% | 3.8% |
| Capex | $11.6M | $407.0K | $59.0K | $298.5K | $354.5K | $421.0K | $499.9K | $593.7K |
| Capex / Revenue % | 1781.3% | 24.6% | 1.0% | 4.2% | 4.0% | 3.8% | 3.6% | 3.4% |
| Depreciation | $3.1M | $4.0M | $3.8M | $18.6M | $23.3M | $29.1M | $36.4M | $45.5M |
| D&A / Revenue % | 471.3% | 243.9% | 66.9% | 260.7% | 260.7% | 260.7% | 260.7% | 260.7% |
| Change in NWC | $-104.1M | $-27.9M | $-61.5M | $0 | $0 | $0 | $0 | $0 |
| NWC Change / Revenue % | -15960.3% | -1680.9% | -1074.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Unlevered FCF | $18.0M | $-37.5M | $4.8M | $18.6M | $23.3M | $29.1M | $36.4M | $45.6M |
| UFCF % Chg. | - | -308.0% | 112.8% | 286.7% | 25.1% | 25.1% | 25.1% | 25.1% |
| FCF / Revenue % | 2764.3% | -2262.0% | 84.1% | 260.3% | 260.5% | 260.7% | 260.9% | 261.1% |
| Discount Factor | - | - | - | 0.897 | 0.805 | 0.723 | 0.648 | 0.582 |
| Present Value of FCF | - | - | - | $16.7M | $18.8M | $21.1M | $23.6M | $26.5M |
| Sum of PV of UFCF | - | - | - | $16.7M | $35.5M | $56.5M | $80.1M | $106.7M |
WACC Calculation
Weighted Average Cost of Capital used for discounting cash flows.
| WACC Calculation | Value |
|---|---|
| Cost of Debt | 6.9% |
| Tax Rate | 25.0% |
| After Tax Cost of Debt | 5.2% |
| Risk Free Rate | 4.37% |
| Market Risk Premium | 4.3% |
| Beta | 1.73 |
| Cost of Equity | 11.9% |
| Total Debt | $3.4M |
| Market Cap | $51.7M |
| Total Capital | $55.1M |
| Debt Weighting | 6.2% |
| Equity Weighting | 93.8% |
| WACC | 11.4% |
Terminal Value
Choose between perpetuity growth or exit multiple methods.
| Terminal Value Calculation | Value |
|---|---|
| Terminal Growth Rate | 2.5% |
| Final Year FCF | $45.6M |
| Terminal Value | $522.7M |
| PV of Terminal Value | $304.1M |
| Cumulative PV of UFCF | $106.7M |
| Net Debt | $-54.0M |
| Equity Value | $464.8M |
| Shares Outstanding | 50.8M |
| Implied Share Price | $9 |
| Current Share Price | $1 |
| Implied Upside/(Downside) | +747.9% |
Valuation Summary
$9.16
Implied Price
$1.08
Current Price
+747.9%
Upside/Downside
11.4%
WACC
STTK Peer Valuation Analysis
Relative valuation based on comparable company trading multiples
Peer Valuation Analysis
Fair Value Range Analysis
Based on median multiples from 8 peer companies in Healthcare
P/E Ratio
$-0.06
-105.4%
Peer Median: 0.0x
EV/EBITDA
$0.00
-100.0%
Peer Median: 0.1x
P/S Ratio
$0.45
-58.6%
Peer Median: 1.1x
Interpretation: Each multiple provides a different perspective on fair value. Consider which multiple is most relevant for STTK's business model and current situation.
Multiple Comparison
| Multiple | STTK Current | Peer Median | Peer Average | Premium/Discount | Assessment |
|---|---|---|---|---|---|
| P/E Ratio | -0.8x | 0.0x | 0.0x | -1962.7% | Undervalued |
| EV/EBITDA | -Infinityx | 0.1x | 0.1x | -Infinity% | Undervalued |
| P/S Ratio | 2.7x | 1.1x | 1.4x | 141.4% | Overvalued |
Peer Companies
Click any company to view their valuation
| Company | Market Cap | P/E Ratio | EV/EBITDA | P/S Ratio |
|---|---|---|---|---|
| $0.06B | 0.0x | 0.0x | 2.3x | |
| $0.05B | 0.0x | 0.0x | 0.9x | |
| $0.06B | 0.0x | 0.1x | 0.0x | |
| $0.05B | 0.0x | 0.0x | 2.7x | |
| $0.05B | 0.0x | 0.0x | 284.2x | |
| $0.06B | 0.0x | 0.0x | 0.0x | |
| $0.05B | 0.0x | 0.0x | 198.5x | |
| $0.06B | 0.0x | 0.0x | 1.1x |