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3SBio Inc
HKEX:1530

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3SBio Inc
HKEX:1530
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Price: 22.14 HKD -9.63% Market Closed
Market Cap: HK$56.2B

EV/EBITDA

3.7
Current
10%
Cheaper
vs 3-y average of 4.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
3.7
=
Enterprise Value
HK$46.5B
/
EBITDA
¥10.8B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
3.7
=
Enterprise Value
HK$46.5B
/
EBITDA
¥10.8B

Valuation Scenarios

3SBio Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (4.1), the stock would be worth HK$24.46 (10% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 028%
Average Upside
438%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 3.7 HK$22.14
0%
3-Year Average 4.1 HK$24.46
+10%
5-Year Average 4.9 HK$29.27
+32%
Industry Average 41.6 HK$249.73
+1 028%
Country Average 28.8 HK$173.16
+682%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
HK$46.5B
/
Jan 2026
¥10.8B
=
3.7
Current
HK$46.5B
/
Dec 2026
¥4.1B
=
11.5
Forward
HK$46.5B
/
Dec 2027
¥4.3B
=
10.8
Forward
HK$46.5B
/
Dec 2028
¥4.9B
=
9.4
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
CN
3SBio Inc
HKEX:1530
52.2B HKD 3.7 5.4
FR
Pharnext SCA
OTC:PNEXF
6T USD -194 446.1 -160 127.7
US
Abbvie Inc
NYSE:ABBV
351.3B USD 14 83.9
US
Amgen Inc
NASDAQ:AMGN
185.7B USD 14 24.1
US
Gilead Sciences Inc
NASDAQ:GILD
161.8B USD 11.9 19
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
109.3B USD 20.7 27.6
US
Epizyme Inc
F:EPE
94.1B EUR -581 -533.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
79.4B USD 13.1 17.6
NL
argenx SE
XBRU:ARGX
41.2B EUR 40.2 37.3
US
Seagen Inc
F:SGT
39.3B EUR -66.6 -61.8
AU
CSL Ltd
ASX:CSL
62.7B AUD 10.5 30.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
3SBio Inc
HKEX:1530
Average EV/EBITDA: 16
3.7
-23%
N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -194 446.1 N/A N/A
US
Abbvie Inc
NYSE:ABBV
14
12%
1.2
US
Amgen Inc
NASDAQ:AMGN
14
10%
1.4
US
Gilead Sciences Inc
NASDAQ:GILD
11.9
9%
1.3
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
20.7
18%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -581 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
13.1
17%
0.8
NL
argenx SE
XBRU:ARGX
40.2
49%
0.8
US
S
Seagen Inc
F:SGT
Negative Multiple: -66.6 N/A N/A
AU
CSL Ltd
ASX:CSL
10.5
7%
1.5
P/E Multiple
Earnings Growth PEG
CN
3SBio Inc
HKEX:1530
Average P/E: 30.7
5.4
-28%
N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.9
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
24.1
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19
16%
1.2
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.6
19%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.6
14%
1.3
NL
argenx SE
XBRU:ARGX
37.3
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
30.7
9%
3.4

Market Distribution

Lower than 94% of companies in China
Percentile
6th
Based on 5 409 companies
6th percentile
3.7
Low
0 — 16.3
Typical Range
16.3 — 53.1
High
53.1 —
Distribution Statistics
China
Min 0
30th Percentile 16.3
Median 28.8
70th Percentile 53.1
Max 49 021

3SBio Inc
Glance View

Market Cap
56.2B HKD
Industry
Biotechnology

3SBio Inc., founded in 1993, is a prominent player in the biopharmaceutical landscape of China. Driven by a mission to improve human health quality through biopharmaceutical innovation, the company has cultivated a robust portfolio of products, primarily focusing on three key therapeutic areas: oncology, nephrology, and autoimmune diseases. At the core of 3SBio's operations is its strong emphasis on research and development, with several state-of-the-art facilities where it continuously explores advancements in biological medicines. These efforts have positioned the company as a leader in the production of recombinant proteins and antibodies, which are essential in treating chronic and life-threatening conditions. 3SBio derives its revenue through a well-integrated business model that spans drug development, manufacturing, and commercialization. This model allows the company not only to generate income from its diverse product offerings but also to leverage strategic partnerships and licensing agreements, both locally and internationally. Their flagship products, such as EPIAO, a recombinant human erythropoietin used to treat anemia associated with chronic kidney disease, and TPIAO, a thrombopoietin receptor agonist used in the management of idiopathic thrombocytopenic purpura, are among the top revenue drivers. By maintaining a strong pipeline of both innovative and biosimilar products, 3SBio ensures sustained profitability and growth, meeting the ever-evolving demands of healthcare systems and patients worldwide. Amidst the competitive and rapidly evolving biotech industry, 3SBio stands out with its commitment to quality and innovation, anchored by a strategic vision to expand its influence beyond traditional boundaries.

Intrinsic Value
35.96 HKD
Undervaluation 38%
Intrinsic Value
Price HK$22.14
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