Financials 89bio, Inc.

Equities

ETNB

US2825591033

Biotechnology & Medical Research

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
8.26 USD +0.12% Intraday chart for 89bio, Inc. -9.03% -26.05%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 362.5 484.4 265.1 592.4 1,041 786.6 - -
Enterprise Value (EV) 1 362.5 484.4 265.1 592.4 487 385.4 596.5 562.8
P/E ratio -1.07 x -7.91 x -2.92 x -4.34 x -5.59 x -3.73 x -3.04 x -3.18 x
Yield - - - - - - - -
Capitalization / Revenue - - - - - 839 x 360 x 30.5 x
EV / Revenue - - - - - 411 x 273 x 21.8 x
EV / EBITDA -13.6 x -9.83 x -2.96 x -5.8 x -3.22 x -1.73 x -2.19 x -1.84 x
EV / FCF -14.2 x -10.4 x -3.45 x -7.31 x -3.77 x -1.97 x -2.4 x -2.1 x
FCF Yield -7.06% -9.57% -29% -13.7% -26.5% -50.7% -41.6% -47.5%
Price to Book - - - - 1.48 x 2.05 x 4.83 x 5.02 x
Nbr of stocks (in thousands) 13,789 19,879 20,282 46,537 93,206 95,225 - -
Reference price 2 26.29 24.37 13.07 12.73 11.17 8.260 8.260 8.260
Announcement Date 3/18/20 3/24/21 3/24/22 3/10/23 2/29/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - - - - - 0.9375 2.188 25.77
EBITDA 1 -26.62 -49.3 -89.66 -102.2 -151.2 -222.3 -272.4 -305.4
EBIT 1 -26.64 -49.36 -89.74 -102.2 -151.2 -208 -254.8 -270
Operating Margin - - - - - -22,183.18% -11,649.17% -1,047.74%
Earnings before Tax (EBT) 1 -57.2 -49.56 -90.27 -102 -138.3 -191.4 -247.6 -272.5
Net income 1 -57.42 -49.5 -90.12 -102 -142.2 -194 -254.3 -274.3
Net margin - - - - - -20,690.68% -11,623.12% -1,064.58%
EPS 2 -24.49 -3.080 -4.480 -2.930 -2.000 -2.213 -2.716 -2.597
Free Cash Flow 1 -25.6 -46.37 -76.84 -81.1 -129.2 -195.3 -248.2 -267.5
FCF margin - - - - - -20,827.2% -11,348.01% -1,038.23%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 3/18/20 3/24/21 3/24/22 3/10/23 2/29/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - - - - - - - - - - - - 0.625 0.625 -
EBITDA - - - -24.72 - - - - -39.34 - - - - - -
EBIT 1 -28.21 -26.24 -25.11 -24.74 -27.04 -25.36 -28.52 -42.13 -39.34 -41.21 -45.74 -50.5 -54.87 -60.24 -59.83
Operating Margin - - - - - - - - - - - - -8,778.84% -9,638.05% -
Earnings before Tax (EBT) 1 -28.33 -26.44 -25.56 -25.05 -26.8 -24.59 -28.84 -38.39 -34.72 -36.37 -41.48 -45.95 -51.43 -57.48 -55.88
Net income 1 -28.33 -63.83 -25.56 -25.05 -26.8 -24.6 -28.84 -38.39 -34.72 -40.24 -41.82 -46.86 -51.88 -57.36 -55.88
Net margin - - - - - - - - - - - - -8,300.04% -9,177.3% -
EPS 2 -1.410 -1.300 -1.260 -1.230 -0.5700 -0.4800 -0.5400 -0.5200 -0.4500 -0.5000 -0.4695 -0.5246 -0.5775 -0.6339 -0.5935
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/11/21 3/24/22 5/11/22 8/11/22 11/10/22 3/10/23 5/8/23 8/9/23 11/9/23 2/29/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - - - 554 401 190 224
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -25.6 -46.4 -76.8 -81.1 -129 -195 -248 -268
ROE (net income / shareholders' equity) -155% -33.8% -54.8% -73.5% -41.3% -46.2% -90.1% -173%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - - - 7.540 4.020 1.710 1.640
Cash Flow per Share 2 -10.90 -2.870 -3.820 -0.7800 -1.820 -2.450 -3.140 -
Capex 1 0.14 0.13 0.06 0.01 0 1.53 2.03 3.06
Capex / Sales - - - - - 163.71% 92.89% 11.87%
Announcement Date 3/18/20 3/24/21 3/24/22 3/10/23 2/29/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
8.26 USD
Average target price
31.89 USD
Spread / Average Target
+286.06%
Consensus
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  4. Financials 89bio, Inc.