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CERT - Certara, Inc.

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Certara, Inc.

CERT

NASDAQ

Certara, Inc. provides software products and technology-enabled services to customers for biosimulation in drug discovery, preclinical and clinical research, regulatory submissions, and market access. It offers medicines to patients using biosimulation software, technology, and services to transform drug discovery and development. The company also provides related technology-enabled services to guide its customers' new drugs through the regulatory submission process and into the market. Its technology-enabled services include mechanistic biosimulation, empirical biosimulation, drug development and regulatory strategy, clinical pharmacology, model-based meta-analysis, regulatory writing and medical communications, regulatory operations, and market access. Further, company offers software, comprising mechanistic biosimulation platform, empirical PK/PD biosimulation platform, data standardization and compliance software, scientific informatics platform, clinical outcomes databases for biosimulation, authoring and management of regulatory submissions platform, and market access communication platform. The company serves biopharmaceutical companies, and academic and government institutions. It has operations in the United States, Canada, Spain, Luxembourg, Portugal, the United Kingdom, Germany, France, the Netherlands, Denmark, Switzerland, Italy, Poland, Japan, the Philippines, India, Australia, and China. Certara Inc. was founded in 2008 and is headquartered in Princeton, New Jersey.

12.99 USD

-0.3 (-2.31%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

243.53M

286.1M

335.64M

354.34M

385.15M

432.39M

485.42M

544.96M

611.81M

686.85M

Revenue %

-

17.48

17.32

5.57

8.7

12.27

12.27

12.27

12.27

Ebitda

17.87M

58.58M

89M

23.84M

72.37M

69.05M

77.52M

87.03M

97.7M

109.68M

Ebitda %

7.34

20.47

26.52

6.73

18.79

15.97

15.97

15.97

15.97

Ebit

-24.89M

13.46M

36.53M

-32.23M

4.34M

-2.25M

-2.52M

-2.83M

-3.18M

-3.57M

Ebit %

-10.22

4.71

10.88

-9.1

1.13

-0.52

-0.52

-0.52

-0.52

Depreciation

42.75M

45.12M

52.47M

56.07M

68.03M

71.3M

80.04M

89.86M

100.88M

113.25M

Depreciation %

17.56

15.77

15.63

15.82

17.66

16.49

16.49

16.49

16.49

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

271.38M

185.8M

236.59M

234.95M

179.18M

301.17M

338.1M

379.58M

426.13M

478.4M

Total Cash %

111.44

64.94

70.49

66.31

46.52

69.65

69.65

69.65

69.65

Receivables

54.09M

78.31M

88.81M

93.26M

119.08M

115.25M

129.39M

145.26M

163.08M

183.08M

Receivables %

22.21

27.37

26.46

26.32

30.92

26.66

26.66

26.66

26.66

Inventories

1.91M

827k

3.1M

-

1

1.73M

1.94M

2.18M

2.44M

2.74M

Inventories %

0.78

0.29

0.92

-

0

0.4

0.4

0.4

0.4

Payable

6.39M

7.46M

7.53M

5.17M

3.5M

8.51M

9.56M

10.73M

12.05M

13.52M

Payable %

2.63

2.61

2.24

1.46

0.91

1.97

1.97

1.97

1.97

Cap Ex

-7.94M

-8.9M

-12.53M

-15.32M

-1.63M

-12.84M

-14.42M

-16.18M

-18.17M

-20.4M

Cap Ex %

-3.26

-3.11

-3.73

-4.32

-0.42

-2.97

-2.97

-2.97

-2.97

Weighted Average Cost Of Capital

Price

12.99

Beta

Diluted Shares Outstanding

160.39M

Costof Debt

6.9

Tax Rate

After Tax Cost Of Debt

4.84

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

311.9M

Total Equity

2.08B

Total Capital

2.4B

Debt Weighting

13.02

Equity Weighting

86.98

Wacc

10.95

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

243.53M

286.1M

335.64M

354.34M

385.15M

432.39M

485.42M

544.96M

611.81M

686.85M

Ebitda

17.87M

58.58M

89M

23.84M

72.37M

69.05M

77.52M

87.03M

97.7M

109.68M

Ebit

-24.89M

13.46M

36.53M

-32.23M

4.34M

-2.25M

-2.52M

-2.83M

-3.18M

-3.57M

Tax Rate

29.87

29.87

29.87

29.87

29.87

29.87

29.87

29.87

29.87

29.87

Ebiat

-24.5M

52.91M

28.69M

-32.35M

3.04M

-2.01M

-2.26M

-2.53M

-2.84M

-3.19M

Depreciation

42.75M

45.12M

52.47M

56.07M

68.03M

71.3M

80.04M

89.86M

100.88M

113.25M

Receivables

54.09M

78.31M

88.81M

93.26M

119.08M

115.25M

129.39M

145.26M

163.08M

183.08M

Inventories

1.91M

827k

3.1M

-

1

1.73M

1.94M

2.18M

2.44M

2.74M

Payable

6.39M

7.46M

7.53M

5.17M

3.5M

8.51M

9.56M

10.73M

12.05M

13.52M

Cap Ex

-7.94M

-8.9M

-12.53M

-15.32M

-1.63M

-12.84M

-14.42M

-16.18M

-18.17M

-20.4M

Ufcf

-39.29M

67.06M

55.93M

4.69M

41.95M

63.56M

50.06M

56.2M

63.1M

70.84M

Wacc

10.95

10.95

10.95

10.95

10.95

Pv Ufcf

57.29M

40.67M

41.15M

41.64M

42.13M

Sum Pv Ufcf

222.91M

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

10.95

Free Cash Flow T1

73.67M

Terminal Value

1.06B

Present Terminal Value

630.99M

Intrinsic Value

Enterprise Value

853.89M

Net Debt

132.71M

Equity Value

721.18M

Diluted Shares Outstanding

160.39M

Equity Value Per Share

4.5

Projected DCF

4.5 -1.887%

DCF Levered

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