Company Valuation: BeOne Medicines AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 27,843 22,843 18,862 19,667 33,619 34,635 - -
Change - -17.96% -17.43% 4.27% 70.94% 3.02% - -
Enterprise Value (EV) 1 24,097 19,511 16,564 18,058 30,091 31,179 30,416 28,108
Change - -19.03% -15.1% 9.02% 66.64% 3.62% -2.45% -7.59%
P/E ratio -17.8x -11.3x -21.3x -30.2x 120x 56.4x 33.8x 26.4x
PBR 4.03x 5.17x 5.32x 5.84x 7.9x 7.26x 5.57x 4.25x
PEG - -0.4x 0.4x 1.1x -1x 0x 0.5x 0.9x
Capitalization / Revenue 23.7x 16.1x 7.67x 5.16x 6.29x 5.42x 4.71x 4.25x
EV / Revenue 20.5x 13.8x 6.74x 4.74x 5.63x 4.88x 4.14x 3.45x
EV / EBITDA -17.3x -11.3x -14.8x -45.6x 51.1x 32.7x 21.6x 14.1x
EV / EBIT -16.7x -10.9x -13.7x -31.8x 67.3x 41.3x 26x 17.6x
EV / FCF -15.4x -10.7x -9.63x -28.5x 32x 52.6x 30.1x 19.7x
FCF Yield -6.48% -9.34% -10.4% -3.51% 3.13% 1.9% 3.32% 5.07%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -15.23 -19.43 -8.45 -6.12 2.53 5.533 9.23 11.83
Distribution rate - - - - - - - -
Net sales 1 1,176 1,416 2,459 3,810 5,343 6,388 7,348 8,148
EBITDA 1 -1,392 -1,723 -1,120 -396.4 588.8 954.8 1,409 1,991
EBIT 1 -1,439 -1,790 -1,208 -568.2 447.1 754.1 1,172 1,600
Net income 1 -1,413 -2,004 -881.7 -644.8 286.9 646 1,051 1,393
Net Debt 1 -3,746 -3,332 -2,297 -1,609 -3,528 -3,456 -4,219 -6,527
Reference price 2 270.93 219.94 180.36 184.71 303.81 312.31 312.31 312.31
Nbr of stocks (in thousands) 102,770 103,859 104,578 106,476 110,658 110,899 - -
Announcement Date 25/02/22 27/02/23 26/02/24 27/02/25 26/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
56.45x4.88x32.65x-.--% 34.63B
31.13x5.45x16.88x1.06% 45.74B
-19.45x440.43x-18.96x-.--% 31.32B
21.62x2.46x10.62x-.--% 29.49B
33.64x8.35x21.5x0.37% 28.78B
30.08x4.88x22.21x-.--% 14.7B
23.37x2.03x8.92x1.09% 14.34B
-17.88x14.8x-20.01x-.--% 12.35B
Average 19.87x 60.41x 9.23x 0.31% 26.42B
Weighted average by Cap. 23.34x 70.06x 11.58x 0.35%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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