In our recent article, we talk about how RTX is an under-appreciated asset of Sorrento. Here, we model future opportunity and use a 20% discount rate to reach NPV of RTX.
We arrived at an NPV of $7.56 which implies a 41% increase from the current share price.
This is just one part of our sum-of-the-parts valuation showing a severe undervaluation of the company.
Disclosure: I am/we are long SRNE.