Company Valuation: Zai Lab Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,059 2,946 2,688 2,853 1,962 2,816 - -
Change - -51.37% -8.77% 6.15% -31.23% 43.51% - -
Enterprise Value (EV) 1 4,650 1,938 1,897 2,095 1,397 2,358 2,435 2,579
Change - -58.33% -2.13% 10.47% -33.34% 68.84% 3.26% 5.92%
P/E -8.29x -6.63x -7.9x -10.1x -11x -11.4x -11.3x -17.1x
PBR 4.35x - 3.34x 3.36x 2.73x 5.48x 7.19x 6.64x
PEG - 0.2x 0.3x 0.4x 0.3x -0.3x -56.1x 0.5x
Capitalization / Revenue 42x 13.7x 10.1x 7.15x 4.26x 6.45x 5.1x 3.89x
EV / Revenue 32.2x 9.01x 7.11x 5.25x 3.04x 5.4x 4.41x 3.56x
EV / EBITDA -6.7x -4.89x -5.3x -7.75x -6.51x -8.36x -10.7x -20.4x
EV / EBIT -6.64x -4.79x -5.17x -7.43x -6.09x -8.28x -10.6x -16.5x
EV / FCF -8.19x -4.94x -9.23x -9.5x -8.5x -13x -13.7x -21.9x
FCF Yield -12.2% -20.2% -10.8% -10.5% -11.8% -7.7% -7.31% -4.56%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -7.58 -4.63 -3.46 -2.6 -1.6 -2.209 -2.214 -1.47
Distribution rate - - - - - - - -
Net sales 1 144.3 215 266.7 399 460.2 436.5 552.1 723.7
EBITDA 1 -693.6 -396.1 -357.5 -270.3 -214.4 -282.2 -228.3 -126.2
EBIT 1 -700.1 -404.4 -366.6 -282.1 -229.4 -284.6 -230.4 -156.7
Net income 1 -704.5 -443.3 -334.6 -257.1 -175.5 -240.7 -211.1 -157.9
Net Debt 1 -1,409 -1,008 -791.3 -757.9 -565.3 -457.7 -380.8 -236.7
Reference price 2 62.85 30.70 27.33 26.19 17.64 25.08 25.08 25.08
Nbr of stocks (in thousands) 96,409 95,972 98,349 108,937 111,219 112,266 - -
Announcement Date 3/1/22 3/1/23 2/27/24 2/27/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-11.35x5.4x-8.36x-.--% 2.82B
18.7x4.34x10.2x0.48% 80.65B
20.24x4.32x13.42x2.43% 59.12B
-16.13x24.03x-15.6x-.--% 54.14B
35.37x12.04x23.09x-.--% 50.1B
20.44x4.52x12.88x0.71% 45.33B
36.39x3.45x13.17x-.--% 31.14B
56.23x3.59x27.79x-.--% 25.54B
65.36x6.91x42.04x-.--% 21.8B
23.23x4.99x12.99x-.--% 16.06B
Average 24.85x 7.36x 13.16x 0.36% 38.67B
Weighted average by Cap. 22.93x 8.17x 12.24x 0.56%

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

  1. Stock Market
  2. Stocks
  3. ZLAB Stock
  4. Valuation Zai Lab Limited
40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!