Company Valuation: Bicycle Therapeutics plc

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,790 878.8 767 966.6 491.1 257.6 - -
Change - -50.89% -12.72% 26.03% -49.19% -47.55% - -
Enterprise Value (EV) 1 1,381 570 280.6 91.11 -122.9 -255.2 -145.8 -27.19
Change - -58.72% -50.76% -67.53% -234.87% -107.69% 42.88% 81.35%
P/E -22.8x -7.79x -3.56x -4.83x -2.24x -1.41x -1.57x -1.39x
PBR 4.41x 3.24x 2.07x 1.03x 0.81x 0.46x 0.55x 0.67x
PEG - -0.2x -0.1x 0.1x -0.25x 0.1x 0.2x -0.1x
Capitalization / Revenue 153x 60.8x 28.4x 27.4x 6.77x 14.7x 38.5x 16.5x
EV / Revenue 118x 39.4x 10.4x 2.58x -1.69x -14.6x -21.8x -1.74x
EV / EBITDA -21.5x -5.05x -1.53x -0.45x 0.51x 1.84x 0.84x 0.16x
EV / EBIT -21x -4.89x -1.48x -0.43x 0.5x 1.36x 0.77x 0.13x
EV / FCF -82.1x -5.42x -4.42x -0.55x 0.49x 1.67x 1x 0.18x
FCF Yield -1.22% -18.4% -22.6% -182% 205% 59.9% 99.8% 559%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -2.67 -3.8 -5.08 -2.9 -3.16 -2.602 -2.341 -2.641
Distribution rate - - - - - - - -
Net sales 1 11.7 14.46 26.98 35.28 72.59 17.53 6.689 15.61
EBITDA 1 -64.21 -113 -183.4 -202.7 -240.6 -138.5 -172.9 -172.9
EBIT 1 -65.62 -116.7 -189.9 -209.9 -247.1 -187.2 -190.1 -209.9
Net income 1 -66.82 -112.7 -180.7 -169 -219 -172.1 -175.1 -199
Net Debt 1 -408.8 -308.8 -486.3 -875.5 -614 -512.8 -403.4 -284.8
Reference price 2 60.870 29.600 18.080 14.000 7.080 3.680 3.680 3.680
Nbr of stocks (in thousands) 29,400 29,689 42,422 69,046 69,368 69,993 - -
Announcement Date 01/03/22 28/02/23 20/02/24 25/02/25 17/03/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-1.41x-14.56x1.84x - 258M
20.84x7.34x14.75x1.42% 70.89B
32.38x9.35x45.22x0.04% 62.32B
-75.68x14.64x-70.6x-.--% 27.07B
-15.08x5.66x-7.11x-.--% 24.78B
28.05x5.3x17.61x-.--% 20.59B
45.07x16.55x33.56x0.33% 15.52B
18.07x5.39x12.58x-.--% 14.49B
-15.33x3461.53x-17.7x-.--% 14.14B
-84.63x7.75x-64.15x-.--% 12.35B
Average -4.77x 351.89x -3.40x 0.2% 26.24B
Weighted average by Cap. 5.15x 194.76x 6.86x 0.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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