RNA
Avidity Biosciences Inc
Price:  
32.49 
USD
Volume:  
1,516,102.00
United States | Biotechnology
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Avidity Fair Value

-136.18 %
Upside

As of 2024-12-15, the Fair Value of Avidity Biosciences Inc (RNA) is -11.75 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 32.49 USD, the upside of Avidity Biosciences Inc is -136.18%.

Note: valuation result may not be accurate due to the company's negative EPS.

32.49 USD
Stock Price
-11.75 USD
Fair Price
FAIR VALUE CALCULATION

Avidity Fair Value

Peter Lynch's formula is:

Avidity Fair Value
= Earnings Growth Rate x TTM EPS
Avidity Fair Value
= 5.00 x -2.35
Avidity Fair Value
= -11.75

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income -24.73 -44.36 -118.01 -174.00 -212.22 -114.66
YoY growth -120.41% -79.38% -166.03% -47.45% -21.97% -87.05%

Avidity Fair Value - Key Data

Market Cap (mil) 3,876.38
P/E
Forward P/E
EPS -2.35
Avg earnings growth rate -87.05%
TTM earnings -280.49