KNSA - Kiniksa Pharmaceuticals International, plc
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$86.40
DETAILS
HIGH:
$99.00
LOW:
$71.00
MEDIAN:
$90.00
CONSENSUS:
$86.40
UPSIDE:
0.37%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
85% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
20.0%
11.0%
3.0%
Key Value Driver
FCF growth rate (20% base case)
Terminal Value % of EV
46%
Implied Market Multiple
2573.1x
Market is pricing in (growth)
78.8%
vs our 20.0% base
Plain-Language Summary
Using a two-stage FCF DCF with 20% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $6.74 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (11 analysts)
$86.40
Analyst Range
$71.00 – $99.00
Divergence from AlphaVal
92%
Warnings
Stock-based employee pay equals 52% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $86.40 (from 11 analysts). Our estimate is 92% below the consensus -- consider that gap carefully.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions