Kiniksa Pharmaceuticals International, plc logo KNSA - Kiniksa Pharmaceuticals International, plc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $86.40 DETAILS
HIGH: $99.00
LOW: $71.00
MEDIAN: $90.00
CONSENSUS: $86.40
UPSIDE: 0.37%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 1176.3% above fair value
Current Price $86.08
Bear Case $6.10 92.9% downside ($6.10 - $86.08) / $86.08 = -92.9% 12% stage 1 growth, 11% discount
Fair Value $6.74 92.2% downside ($6.74 - $86.08) / $86.08 = -92.2% 20% stage 1 growth, 11% discount
Bull Case $7.56 91.2% downside ($7.56 - $86.08) / $86.08 = -91.2% 26% stage 1 growth, 11% discount

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.
ℹ 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