Syndax Pharmaceuticals, Inc.

NasdaqGS:SNDX Stock Report

Market Cap: US$1.9b

Syndax Pharmaceuticals Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: SNDX ($22.05) is trading below our estimate of fair value ($71.57)

Significantly Below Fair Value: SNDX is trading below fair value by more than 20%.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SNDX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-5.6x
PEG Ration/a

Price to Book Ratio vs Peers

How does SNDX's PB Ratio compare to its peers?

The above table shows the PB ratio for SNDX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average4.7x
KROS Keros Therapeutics
6.6x14.4%US$2.2b
GERN Geron
6.8x64.9%US$2.3b
VIR Vir Biotechnology
0.9x-3.3%US$1.4b
PTGX Protagonist Therapeutics
4.5x50.0%US$1.5b
SNDX Syndax Pharmaceuticals
3.4x19.4%US$1.9b

Price-To-Book vs Peers: SNDX is good value based on its Price-To-Book Ratio (3.4x) compared to the peer average (5x).


Price to Earnings Ratio vs Industry

How does SNDX's PE Ratio compare vs other companies in the US Biotechs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a24.1%
n/an/an/a
No. of CompaniesPB048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a24.1%
n/an/an/a
No more companies

Price-To-Book vs Industry: SNDX is expensive based on its Price-To-Book Ratio (3.4x) compared to the US Biotechs industry average (2.2x).


Price to Book Ratio vs Fair Ratio

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

SNDX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SNDX's Price-To-Book Fair Ratio for valuation analysis.


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 SNDX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$22.05
US$34.92
+58.4%
17.4%US$45.00US$23.00n/a12
Apr ’25US$23.78
US$35.17
+47.9%
17.1%US$45.00US$23.00n/a12
Mar ’25US$23.71
US$35.42
+49.4%
17.0%US$45.00US$23.00n/a12
Feb ’25US$21.24
US$35.25
+66.0%
16.8%US$45.00US$23.00n/a12
Jan ’25US$21.61
US$35.62
+64.8%
14.0%US$45.00US$28.00n/a13
Dec ’24US$16.57
US$35.08
+111.7%
12.8%US$43.00US$28.00n/a12
Nov ’24US$13.92
US$35.33
+153.8%
12.6%US$43.00US$28.00n/a12
Oct ’24US$14.52
US$36.50
+151.4%
7.4%US$42.00US$32.00n/a10
Sep ’24US$19.55
US$36.20
+85.2%
8.0%US$42.00US$32.00n/a10
Aug ’24US$21.12
US$36.50
+72.8%
7.4%US$42.00US$32.00n/a10
Jul ’24US$20.93
US$33.50
+60.1%
6.5%US$37.00US$31.00n/a8
Jun ’24US$20.17
US$33.78
+67.5%
6.8%US$37.00US$31.00n/a9
May ’24US$21.04
US$33.75
+60.4%
4.4%US$37.00US$32.00US$21.978
Apr ’24US$21.12
US$33.75
+59.8%
4.4%US$37.00US$32.00US$23.788
Mar ’24US$24.86
US$33.89
+36.3%
9.7%US$41.00US$29.00US$23.719
Feb ’24US$28.98
US$34.44
+18.9%
10.6%US$41.00US$29.00US$21.249
Jan ’24US$25.45
US$33.14
+30.2%
8.7%US$39.00US$29.00US$21.617
Dec ’23US$25.03
US$32.29
+29.0%
6.1%US$35.00US$29.00US$16.577
Nov ’23US$23.13
US$31.14
+34.6%
7.9%US$35.00US$26.00US$13.927
Oct ’23US$24.03
US$31.14
+29.6%
7.9%US$35.00US$26.00US$14.527
Sep ’23US$24.73
US$31.14
+25.9%
7.9%US$35.00US$26.00US$19.557
Aug ’23US$20.38
US$31.43
+54.2%
12.6%US$40.00US$26.00US$21.127
Jul ’23US$19.07
US$31.50
+65.2%
13.6%US$40.00US$26.00US$20.936
Jun ’23US$16.57
US$31.29
+88.8%
12.8%US$40.00US$26.00US$20.177
May ’23US$16.77
US$33.43
+99.3%
23.4%US$52.00US$26.00US$21.047

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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