Financials BeiGene, Ltd.

Equities

BGNE

US07725L1026

Biotechnology & Medical Research

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
153.6 USD +3.38% Intraday chart for BeiGene, Ltd. +18.58% -14.85%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 10,134 23,494 27,843 22,843 18,862 16,048 - -
Enterprise Value (EV) 1 9,392 19,361 24,097 19,511 16,564 14,566 14,917 14,713
P/E ratio -10.5 x -13.5 x -17.8 x -11.3 x -21.3 x -18 x -42.3 x 49.2 x
Yield - - - - - - - -
Capitalization / Revenue 23.7 x 76.1 x 23.7 x 16.1 x 7.67 x 5.21 x 4.09 x 3.28 x
EV / Revenue 21.9 x 62.7 x 20.5 x 13.8 x 6.74 x 4.72 x 3.8 x 3.01 x
EV / EBITDA -9.98 x -11.9 x -17.3 x -11.3 x -14.8 x -18.2 x -50.5 x 31.3 x
EV / FCF -11.2 x -13.8 x -15.4 x -10.7 x -9.63 x -16.4 x -35.1 x 35.8 x
FCF Yield -8.94% -7.24% -6.48% -9.34% -10.4% -6.11% -2.85% 2.79%
Price to Book 11.2 x 5.57 x 4.03 x 5.17 x 5.32 x 5.16 x 5.53 x 5.32 x
Nbr of stocks (in thousands) 61,136 90,924 102,770 103,859 104,578 104,490 - -
Reference price 2 165.8 258.4 270.9 219.9 180.4 153.6 153.6 153.6
Announcement Date 3/2/20 2/25/21 2/25/22 2/27/23 2/26/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 428.2 308.9 1,176 1,416 2,459 3,083 3,921 4,889
EBITDA 1 -941.3 -1,626 -1,392 -1,723 -1,120 -801.6 -295.2 469.8
EBIT 1 -959.9 -1,658 -1,439 -1,790 -1,208 -934.1 -403.1 254.5
Operating Margin -224.16% -536.69% -122.31% -126.4% -49.12% -30.3% -10.28% 5.21%
Earnings before Tax (EBT) 1 -943.6 -1,618 -1,439 -1,961 -825.8 -882.4 -369.4 456.6
Net income 1 -948.6 -1,597 -1,413 -2,004 -881.7 -892.3 -356.5 351.5
Net margin -221.53% -517.01% -120.15% -141.52% -35.86% -28.94% -9.09% 7.19%
EPS 2 -15.80 -19.13 -15.23 -19.43 -8.450 -8.554 -3.630 3.120
Free Cash Flow 1 -839.9 -1,401 -1,562 -1,822 -1,719 -889.9 -424.4 410.7
FCF margin -196.14% -453.57% -132.76% -128.68% -69.93% -28.86% -10.82% 8.4%
FCF Conversion (EBITDA) - - - - - - - 87.42%
FCF Conversion (Net income) - - - - - - - 116.86%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/2/20 2/25/21 2/25/22 2/27/23 2/26/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 206.4 214 420.4 306.6 341.6 387.6 380.1 606.4 447.8 595.3 1,043 781.3 634.4 673 752.6 830.4 843.3 707.5
EBITDA 1 -450.1 -558.6 - -426.7 -423.9 -422.2 -450.6 - -351.2 - - -112.5 -565.3 -406.2 -202.9 -198.9 -150.7 -115.2
EBIT 1 -462.3 -571.7 - -443.3 -439.4 -438.4 -468.6 -907 -371.3 -318.7 -690 -134 -589.1 -346.6 -238 -236.5 -217.4 -149.6
Operating Margin -223.95% -267.19% - -144.57% -128.64% -113.09% -123.29% -149.56% -82.91% -53.54% -66.15% -17.15% -92.86% -51.5% -31.63% -28.48% -25.78% -21.15%
Earnings before Tax (EBT) 1 -433.1 -586.8 - -421.2 -557.6 -551.2 -431 -982.2 -336.9 -367.5 -704.4 229.3 -350.8 -259.4 -234.3 -233.3 -198.2 -
Net income 1 -413.9 -585.7 -999.5 -434.3 -571.4 -557.6 -445.3 -998.1 -348.4 -381.1 -729.6 215.4 -367.6 -264.9 -243.7 -237.7 -207.2 -
Net margin -200.47% -273.7% -237.74% -141.63% -167.3% -143.84% -117.16% -164.59% -77.81% -64.03% -69.94% 27.57% -57.94% -39.36% -32.39% -28.63% -24.57% -
EPS 2 -4.460 -6.160 - -4.240 -5.560 -5.390 -4.290 - -3.340 -3.640 - 2.010 -3.480 -2.887 -2.427 -2.132 -1.715 -
Dividend per Share 2 - - - - - - - - - - - - - - - - - -
Announcement Date 11/4/21 2/25/22 2/25/22 5/5/22 8/4/22 11/9/22 2/27/23 2/27/23 5/4/23 8/2/23 8/2/23 11/9/23 2/26/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 742 4,132 3,746 3,332 2,297 1,482 1,131 1,334
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -840 -1,401 -1,562 -1,822 -1,719 -890 -424 411
ROE (net income / shareholders' equity) -70.2% -66.1% -28% -38.1% -22.3% -28.2% -15.1% 13.6%
ROA (Net income/ Total Assets) -49.1% -44.3% -19.8% -26.9% -14.5% -18.8% -10.2% 6.67%
Assets 1 1,931 3,607 7,123 7,457 6,093 4,749 3,483 5,272
Book Value Per Share 2 14.80 46.40 67.30 42.50 33.90 29.80 27.80 28.90
Cash Flow per Share 2 -12.50 -15.40 -14.00 -14.50 -11.10 -3.080 -2.020 0.2000
Capex 1 89.6 118 263 325 562 245 232 260
Capex / Sales 20.93% 38.04% 22.35% 22.98% 22.85% 7.94% 5.93% 5.31%
Announcement Date 3/2/20 2/25/21 2/25/22 2/27/23 2/26/24 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
153.6 USD
Average target price
268.4 USD
Spread / Average Target
+74.76%
Consensus
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