H

HUTCHMED (China) Ltd
HKEX:13

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HUTCHMED (China) Ltd
HKEX:13
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Price: 26.44 HKD -1.2%
Market Cap: 23.1B HKD

Relative Value

The Relative Value of one HUTCHMED (China) Ltd stock under the Base Case scenario is 22.8 HKD. Compared to the current market price of 26.44 HKD, HUTCHMED (China) Ltd is Overvalued by 14%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
22.8 HKD
Overvaluation 14%
Relative Value
Price
H
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
50
vs Industry
29
Median 3Y
4.6
Median 5Y
5
Industry
2.7
Forward
4.6
vs History
24
vs Industry
13
Median 3Y
-6.3
Median 5Y
-8.7
Industry
22.1
Forward
35.6
vs History
vs Industry
26
Median 3Y
-6.9
Median 5Y
-9.9
Industry
17.1
vs History
vs Industry
26
Median 3Y
-8.5
Median 5Y
-12.8
Industry
23.3
vs History
86
vs Industry
21
Median 3Y
3.7
Median 5Y
3.8
Industry
2.3
vs History
66
vs Industry
38
Median 3Y
3
Median 5Y
3.5
Industry
2.8
Forward
2.7
vs History
62
vs Industry
28
Median 3Y
6.7
Median 5Y
8.8
Industry
5.6
vs History
vs Industry
3
Median 3Y
-20.2
Median 5Y
-16.5
Industry
13.3
Forward
103.8
vs History
vs Industry
2
Median 3Y
-18.6
Median 5Y
-16.1
Industry
16.6
Forward
116.5
vs History
vs Industry
33
Median 3Y
-3.2
Median 5Y
-6.3
Industry
15.8
vs History
vs Industry
24
Median 3Y
-6.7
Median 5Y
-9
Industry
17.6
vs History
67
vs Industry
17
Median 3Y
5.1
Median 5Y
5.5
Industry
2

Multiples Across Competitors

Competitors Multiples
HUTCHMED (China) Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
HUTCHMED (China) Ltd
HKEX:13
23.1B HKD 4.9 6.4 -226.5 -86.1
US
Eli Lilly and Co
NYSE:LLY
717.8B USD 13.5 52 30.8 33.4
UK
Dechra Pharmaceuticals PLC
LSE:DPH
440.4B GBP 578.3 -15 783.5 3 846.3 17 702.3
US
Johnson & Johnson
NYSE:JNJ
420.9B USD 4.6 18.6 14.1 18.6
CH
Roche Holding AG
SIX:ROG
214.8B CHF 3.6 26 9.7 11.4
DK
Novo Nordisk A/S
CSE:NOVO B
1.7T DKK 5.5 15.3 11.1 12.4
UK
AstraZeneca PLC
LSE:AZN
178.3B GBP 4.3 29.1 113.5 169.7
CH
Novartis AG
SIX:NOVN
190B CHF 4.4 17.6 10.6 14
US
Merck & Co Inc
NYSE:MRK
203.1B USD 3.2 12.4 8 9.5
IE
Endo International PLC
LSE:0Y5F
197.4B USD 85.1 -67.5 313.3 785.7
US
Pfizer Inc
NYSE:PFE
138.1B USD 2.2 12.8 7.3 10
P/E Multiple
Earnings Growth PEG
HK
H
HUTCHMED (China) Ltd
HKEX:13
Average P/E: 21.1
6.4
-12%
N/A
US
Eli Lilly and Co
NYSE:LLY
52
50%
1
UK
Dechra Pharmaceuticals PLC
LSE:DPH
Negative Multiple: -15 783.5 N/A N/A
US
Johnson & Johnson
NYSE:JNJ
18.6
28%
0.7
CH
Roche Holding AG
SIX:ROG
26
29%
0.9
DK
Novo Nordisk A/S
CSE:NOVO B
15.3
10%
1.5
UK
AstraZeneca PLC
LSE:AZN
29.1
37%
0.8
CH
Novartis AG
SIX:NOVN
17.6
18%
1
US
Merck & Co Inc
NYSE:MRK
12.4
16%
0.8
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -67.5 N/A N/A
US
Pfizer Inc
NYSE:PFE
12.8
30%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
HK
H
HUTCHMED (China) Ltd
HKEX:13
Average EV/EBITDA: 436.5
Negative Multiple: -226.5
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
30.8
30%
1
UK
Dechra Pharmaceuticals PLC
LSE:DPH
3 846.3
36%
106.8
US
Johnson & Johnson
NYSE:JNJ
14.1
8%
1.8
CH
Roche Holding AG
SIX:ROG
9.7
5%
1.9
DK
Novo Nordisk A/S
CSE:NOVO B
11.1
13%
0.9
UK
AstraZeneca PLC
LSE:AZN
113.5
10%
11.3
CH
Novartis AG
SIX:NOVN
10.6
5%
2.1
US
Merck & Co Inc
NYSE:MRK
8
7%
1.1
IE
E
Endo International PLC
LSE:0Y5F
313.3
N/A N/A
US
Pfizer Inc
NYSE:PFE
7.3
2%
3.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
HK
H
HUTCHMED (China) Ltd
HKEX:13
Average EV/EBIT: 1 876.7
Negative Multiple: -86.1
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
33.4
34%
1
UK
Dechra Pharmaceuticals PLC
LSE:DPH
17 702.3
98%
180.6
US
Johnson & Johnson
NYSE:JNJ
18.6
14%
1.3
CH
Roche Holding AG
SIX:ROG
11.4
5%
2.3
DK
Novo Nordisk A/S
CSE:NOVO B
12.4
7%
1.8
UK
AstraZeneca PLC
LSE:AZN
169.7
22%
7.7
CH
Novartis AG
SIX:NOVN
14
11%
1.3
US
Merck & Co Inc
NYSE:MRK
9.5
9%
1.1
IE
E
Endo International PLC
LSE:0Y5F
785.7
N/A N/A
US
Pfizer Inc
NYSE:PFE
10
10%
1