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 1,992 - -
Change - -51.37% -8.77% 6.15% -31.23% 1.54% - -
Enterprise Value (EV) 1 4,650 1,938 1,897 2,095 1,397 1,549 1,605 1,778
Change - -58.33% -2.13% 10.47% -33.34% 10.91% 3.61% 10.76%
P/E -8.29x -6.63x -7.9x -10.1x -11x -8.01x -9.51x -13.2x
PBR 4.35x - 3.34x 3.36x 2.73x 3.73x 4.01x 3.97x
PEG - 0.2x 0.3x 0.4x 0.3x -0.2x 0.6x 0.5x
Capitalization / Revenue 42x 13.7x 10.1x 7.15x 4.26x 4.44x 3.34x 2.64x
EV / Revenue 32.2x 9.01x 7.11x 5.25x 3.04x 3.45x 2.69x 2.35x
EV / EBITDA -6.7x -4.89x -5.3x -7.75x -6.51x -6.37x -10x -26.7x
EV / EBIT -6.64x -4.79x -5.17x -7.43x -6.09x -5.99x -9.24x -20.7x
EV / FCF -8.19x -4.94x -9.23x -9.5x -8.5x -8.81x -13.9x -25.3x
FCF Yield -12.2% -20.2% -10.8% -10.5% -11.8% -11.4% -7.22% -3.95%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -7.58 -4.63 -3.46 -2.6 -1.6 -2.215 -1.865 -1.347
Distribution rate - - - - - - - -
Net sales 1 144.3 215 266.7 399 460.2 448.7 595.6 755.9
EBITDA 1 -693.6 -396.1 -357.5 -270.3 -214.4 -243 -159.9 -66.57
EBIT 1 -700.1 -404.4 -366.6 -282.1 -229.4 -258.7 -173.7 -85.83
Net income 1 -704.5 -443.3 -334.6 -257.1 -175.5 -240.9 -156.5 -125.8
Net Debt 1 -1,409 -1,008 -791.3 -757.9 -565.3 -443.1 -387.2 -214.4
Reference price 2 62.85 30.70 27.33 26.19 17.64 17.73 17.73 17.73
Nbr of stocks (in thousands) 96,409 95,972 98,349 108,937 111,219 112,355 - -
Announcement Date 3/1/22 A 3/1/23 A 2/27/24 A 2/27/25 A 2/26/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.92x3.44x9.28x0.64% 62.54B
26.98x5.45x15.6x0.59% 55.22B
32.95x11.15x21.03x-.--% 40.9B
-48.34x2.92x8.61x3.79% 35.99B
31.58x3.43x10.37x-.--% 28.88B
-6.41x8.8x-5.38x-.--% 21.98B
15.2x2.66x8.22x-.--% 19.93B
49.02x5.22x37.44x-.--% 16.95B
24.09x4.99x13.47x-.--% 15.87B
Average 15.67x 5.34x 13.18x 0.56% 33.14B
Weighted average by Cap. 14.69x 5.33x 12.76x 0.7%

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

LAST HOURS | 40% Discount: The Best Subscriber-Only Tools to Unlock Hidden Opportunities!
d
:
:
SEIZE THE OFFER!