Foghorn Therapeutics Inc.

NasdaqGM:FHTX Stock Report

Market Cap: US$437.0m

Foghorn Therapeutics Valuation

Is FHTX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FHTX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate FHTX's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate FHTX's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for FHTX?

Key metric: As FHTX is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for FHTX. This is calculated by dividing FHTX's market cap by their current revenue.
What is FHTX's PS Ratio?
PS Ratio16.8x
SalesUS$25.52m
Market CapUS$436.96m

Price to Sales Ratio vs Peers

How does FHTX's PS Ratio compare to its peers?

The above table shows the PS ratio for FHTX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8.5x
ARCT Arcturus Therapeutics Holdings
2.9x35.3%US$438.0m
PRQR ProQR Therapeutics
19.3x33.3%US$378.8m
GRAL GRAIL
4.7x17.9%US$507.0m
MRSN Mersana Therapeutics
7x33.4%US$274.2m
FHTX Foghorn Therapeutics
16.8x32.1%US$437.0m

Price-To-Sales vs Peers: FHTX is expensive based on its Price-To-Sales Ratio (16.8x) compared to the peer average (8.5x).


Price to Sales Ratio vs Industry

How does FHTX's PS Ratio compare vs other companies in the US Biotechs Industry?

131 CompaniesPrice / SalesEstimated GrowthMarket Cap
GILD Gilead Sciences
4x2.4%US$110.46b
BIIB Biogen
2.4x1.3%US$22.73b
MRNA Moderna
2.9x6.8%US$14.22b
INCY Incyte
3.3x8.9%US$13.69b
FHTX 16.8xIndustry Avg. 9.6xNo. of Companies131PS01632486480+
131 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: FHTX is expensive based on its Price-To-Sales Ratio (16.8x) compared to the US Biotechs industry average (10.1x).


Price to Sales Ratio vs Fair Ratio

What is FHTX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FHTX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio16.8x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: FHTX is expensive based on its Price-To-Sales Ratio (16.8x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FHTX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$7.72
US$16.00
+107.3%
24.7%US$20.00US$9.00n/a6
Nov ’25US$8.30
US$16.00
+92.8%
24.7%US$20.00US$9.00n/a6
Oct ’25US$8.67
US$16.00
+84.5%
24.7%US$20.00US$9.00n/a6
Sep ’25US$8.28
US$15.00
+81.2%
34.8%US$20.00US$6.00n/a5
Aug ’25US$6.51
US$13.75
+111.2%
37.2%US$20.00US$6.00n/a4
Jul ’25US$5.84
US$13.75
+135.4%
37.2%US$20.00US$6.00n/a4
Jun ’25US$5.83
US$13.75
+135.8%
37.2%US$20.00US$6.00n/a4
May ’25US$5.86
US$13.75
+134.6%
37.2%US$20.00US$6.00n/a4
Apr ’25US$7.13
US$13.75
+92.8%
37.2%US$20.00US$6.00n/a4
Mar ’25US$7.94
US$13.75
+73.2%
37.2%US$20.00US$6.00n/a4
Feb ’25US$3.03
US$13.75
+353.8%
37.2%US$20.00US$6.00n/a4
Jan ’25US$6.45
US$13.75
+113.2%
37.2%US$20.00US$6.00n/a4
Dec ’24US$4.49
US$14.25
+217.4%
37.9%US$20.00US$6.00n/a4
Nov ’24US$3.68
US$15.25
+314.4%
26.0%US$20.00US$10.00US$8.304
Oct ’24US$5.00
US$14.40
+188.0%
27.3%US$20.00US$10.00US$8.675
Sep ’24US$7.76
US$15.17
+95.4%
26.2%US$20.00US$10.00US$8.286
Aug ’24US$9.31
US$15.17
+62.9%
26.2%US$20.00US$10.00US$6.516
Jul ’24US$7.04
US$15.83
+124.9%
22.6%US$20.00US$11.00US$5.846
Jun ’24US$6.39
US$16.17
+153.0%
25.1%US$21.00US$10.00US$5.836
May ’24US$6.81
US$17.17
+152.1%
29.4%US$25.00US$10.00US$5.866
Apr ’24US$6.20
US$18.17
+193.0%
28.0%US$25.00US$10.00US$7.136
Mar ’24US$5.66
US$21.00
+271.0%
19.3%US$25.00US$14.00US$7.945
Feb ’24US$8.90
US$21.00
+136.0%
19.3%US$25.00US$14.00US$3.035
Jan ’24US$6.38
US$21.25
+233.1%
21.1%US$25.00US$14.00US$6.454
Dec ’23US$7.01
US$21.25
+203.1%
21.1%US$25.00US$14.00US$4.494
Nov ’23US$8.58
US$21.50
+150.6%
19.0%US$25.00US$15.00US$3.684

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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