Discounted Cash Flow

Immunitybio, Inc.

IBRX · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $44.0k $-120.8m $-45.2m -274565.9% $-1.47
2017 $45.0k (2.3%) $-96.4m (20.2%) $-83.6m (-85.1%) -214273.3% (22.0%) $-1.20 (18.4%)
2018 $47.0k (4.4%) $-96.2m (0.2%) $-76.5m (8.5%) -204736.2% (4.5%) $-1.22 (-1.7%)
2019 $43.0k (-8.5%) $-65.8m (31.6%) $-65.5m (14.3%) -152997.7% (25.3%) $-0.70 (42.6%)
2020 $111.0k (158.1%) $-92.4m (-40.4%) $-73.1m (-11.5%) -83227.9% (45.6%) $-0.89 (-27.1%)
2021 $934.0k (741.4%) $-346.8m (-275.4%) $-308.0m (-321.4%) -37129.6% (55.4%) $-0.89 (0.0%)
2022 $240.0k (-74.3%) $-416.6m (-20.1%) $-415.7m (-35.0%) -173569.6% (-367.5%) $-1.04 (-16.9%)
2023 $622.0k (159.2%) $-583.2m (-40.0%) $-397.3m (4.4%) -93761.4% (46.0%) $-1.15 (-10.6%)
2024 $14.7m (2270.6%) $-413.6m (29.1%) $-398.1m (-0.2%) -2804.8% (97.0%) $-0.59 (48.7%)
2025 $113.3m (668.3%) $-351.4m (15.0%) $-308.8m (22.4%) -310.2% (88.9%) $-0.38 (35.6%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.