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Ensysce Biosciences, Inc (ENSC) Fair Value & Analysis

Healthcare · US · Market cap $6.5M

EB Ensysce Biosciences, Inc logo Ensysce Biosciences, Inc ENSC · US
Price$0.4000
Fair Value$0.3158
Upside-21.1%
Quality30/100
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Mixed Growth
Low debt · negative free cash flow
Mixed vs. peers (3/7)
Narrow moat 12/100
Evidence: Low Range $0.2369 – $0.3947 Share as image

Fair value as of: Aug 17, 2026

From 2 valuation models · updated today

Share price +37.5% over the past month.

Below-average quality, and screening another 21% overvalued on our models.

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What matters now

  • Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

$57,600 $0.2510 Fair Value $0.3158 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 17, 2026.

How to read this chart

60‑month range $0.2510 – $57,600 · fair‑value band $0.2369 – $0.3947 · the $0.4000 price screens above the $0.3158 fair value. Dashed = 300-day average. As of Aug 17, 2026.

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Analysis

Ensysce Biosciences, Inc (ENSC) currently trades at $0.4000, while our model-based Fair Value estimate is $0.3158, implying the stock looks roughly 21.1% overvalued today. The Quality Score stands at 30/100 (below-average quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at $4.7M. Revenue declined 27.2% year over year. Net debt stands at $307B. Fundamentals as of Aug 17, 2026

Our scenario range runs from $0.2369 (bear case) to $0.3947 (bull case); at $0.4000, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Healthcare peers we cover trades at -47% fair-value upside, at -21%, ENSC screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA $0.2369 $0.3158 $0.3947 54
Owner Earnings $0.2217 $0.3761 $0.6121 31
All 2 models by family
DCF Models
Owner Earnings $0.2217 $0.3761 $0.6121 31
Multiples
EV/EBITDA $0.2369 $0.3158 $0.3947 54

Widest divergence: DCF Models ($0.3761) versus Multiples ($0.3158). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) $4.5M
Revenue growth (YoY) -15.1%
Net margin -280%
Return on equity -1,295%
Free cash flow −$7.8T FY2025
Operating margin -221%
More key figures
EPS (TTM) $-3.11
Net debt $307B FY2025

Figures from reported company fundamentals · as of Aug 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 33 · Market factors (momentum, volatility) 31

Profitability 9
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 35
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Ensysce Biosciences, Inc., a clinical-stage pharmaceutical company, develops prescription drugs for severe pain relief in opioid misuse, abuse, and overdose in the United States.

Full company description

Ensysce Biosciences, Inc., a clinical-stage pharmaceutical company, develops prescription drugs for severe pain relief in opioid misuse, abuse, and overdose in the United States. It develops products using Trypsin Activated Abuse Protection (TAAP) platform, designed to release clinically effective drugs only when exposed to specific physiological conditions; and Multi-Pill Abuse Resistance (MPAR) platform, an over-dose protection opioid prodrug technology. The company's lead product candidate is PF614, a TAAP oxycodone prodrug candidate for the treatment of severe or chronic pain; and PF614-MPAR, a combination product of PF614 and nafamostat for overdose protection. It is also developing PF8001 and PF8026 are extended and immediate-release prodrugs of amphetamine for attention deficit hyperactivity disorder; and PF9001 to treat opioid use disorder. Ensysce Biosciences, Inc. was founded in 2003 and is based in La Jolla, California.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ensysce Biosciences, Inc reported revenue of $5.1M in FY2025 versus $3.5M in FY2021, a compound +9.4%/yr. Reported net income was −$10.2M in FY2025.

Growth Quality 7/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$5.1M
Latest YoY
−2.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.2%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.2%
Avg. growth/yr (6Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+19.2%
Revenue +9.4%/yr
FY21 $3.5M
FY22 $2.5M
FY23 $2.2M
FY24 $5.2M
FY25 $5.1M
Net income
FY21 −$29.1M
FY22 −$25.0M
FY23 −$10.6M
FY24 −$8.0M
FY25 −$10.2M

ENSC screens 21% overvalued. Compare with Vertex Pharmaceuticals Incorporated →

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Cite: Fair Value Calculator (2026). "Ensysce Biosciences, Inc Fair Value". https://www.fairvalue-calculator.com/stock/ENSC

Peer Group

Biotechnology · 605 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 30 · Bottom 25%
Fair Value upside −20% · Above median
Return on assets -186% · Bottom 25%
Revenue growth -15% · Bottom 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Biotechnology median · lower = cheaper

P/B 2.02× · Pricier than median
P/S (TTM) 1.44× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 7 · sector 0
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 98 · sector 97
DIVIDEND 0 · sector 28

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Biotechnology stocks, each showing price versus our Fair Value estimate (as of Aug 17, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $525.73 $278.78 -47%
Regeneron Pharmaceuticals, Inc REGN $797.99 $594.40 -26%
Samsung Biologics Co 207940 1,549,000 KRW 1,055,793 KRW -32%
Celltrion, Inc 068270 202,000 KRW 74,519 KRW -63%
WuXi Biologics (Cayman) Inc 2269 HK$45.70 HK$30.58 -33%
Innovent Biologics, Inc 1801 HK$95.55 HK$19.68 -79%
Genmab A/S GMAB kr 2,037 kr 250.07 -88%
Sino Biopharmaceutical Limited 1177 HK$4.87 HK$3.37 -31%
RemeGen Co 688331 ¥131.87 ¥23.19 -82%
ALTEOGEN Inc 196170 314,000 KRW 39,476 KRW -87%

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Frequently asked questions

Is Ensysce Biosciences, Inc (ENSC) overvalued or undervalued?
As of Aug 17, 2026, our model estimates a fair value of $0.3158 versus a price of $0.4000, about −21% (overvalued).
What is the fair value of ENSC?
Our model-based fair value for Ensysce Biosciences, Inc is $0.3158 (as of Aug 17, 2026), built from audited fundamentals. The current price is $0.4000.
What is the quality score of ENSC?
Ensysce Biosciences, Inc has a Quality Score of 30/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Ensysce Biosciences, Inc (ENSC)?
Ensysce Biosciences, Inc reported trailing-twelve-month revenue of about $4.7M (latest available figure, as of Aug 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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