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Everest Medicines Ltd
HKEX:1952

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Everest Medicines Ltd
HKEX:1952
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Price: 34.54 HKD -2.26% Market Closed
Market Cap: HK$12.2B

P/E

-33.2
Current
110%
More Expensive
vs 3-y average of -15.8

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-33.2
=
Market Cap
HK$11.2B
/
Net Income
¥-297.8m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-33.2
=
Market Cap
HK$11.2B
/
Net Income
¥-297.8m

Valuation Scenarios

Everest Medicines Ltd is trading above its industry average

If P/E returns to its Industry Average (49.4), the stock would be worth HK$-51.41 (249% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-249%
Maximum Upside
No Upside Scenarios
Average Downside
219%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -33.2 HK$34.54
0%
Industry Average 49.4 HK$-51.41
-249%
Country Average 29.6 HK$-30.82
-189%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
HK$11.2B
/
Jan 2026
¥-297.8m
=
-33.2
Current
HK$11.2B
/
Dec 2026
¥349.8m
=
32.2
Forward
HK$11.2B
/
Dec 2027
¥622.1m
=
18.1
Forward
HK$11.2B
/
Dec 2028
¥1.2B
=
9.5
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

All Countries
Close
Earnings Growth PEG
CN
E
Everest Medicines Ltd
HKEX:1952
Average P/E: 34.3
Negative Multiple: -33.2
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
87.5
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
22.8
20%
1.1
US
Gilead Sciences Inc
NASDAQ:GILD
19.2
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.2
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.5
14%
1.2
NL
argenx SE
XBRU:ARGX
37.4
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
29.6
9%
3.3

Market Distribution

Lower than 100% of companies in China
Percentile
0th
Based on 5 557 companies
0th percentile
-33.2
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

Everest Medicines Ltd
Glance View

Market Cap
12.2B HKD
Industry
Biotechnology

Everest Medicines Ltd., a biopharmaceutical company headquartered in Shanghai, is carving its niche in the competitive terrain of healthcare innovation. Founded in 2017, the company was envisioned as a bridge connecting groundbreaking global therapies with the Asian market, particularly China, where the demand for advanced medical solutions is substantial. While the international pharmaceutical landscape is often dominated by industry giants, Everest distinguishes itself through strategic collaborations and licensing agreements with several leading global biotech companies. These partnerships allow Everest to bring transformative therapies, particularly in oncology, immunology, and infectious diseases, to regions where they are most needed. The way Everest Medicines operates is not entirely unconventional but certainly strategic. By licensing late-stage clinical assets, the company bypasses the early, most risky, stages of drug development. Their revenue model hinges on successfully bringing these licensed drugs through regulatory pathways and then commercializing them across China and other Asian markets. With a focus on high-impact, high-need areas, Everest aims to address substantial gaps in healthcare provision while capitalizing on the potentially lucrative Asian pharmaceutical market. This model allows Everest to exploit its deep understanding of both international drug development and local regulatory landscapes to streamline the introduction of advanced therapies, thus positioning itself as a critical player in the regional healthcare ecosystem. This approach not only mitigates initial risks but also aligns its growth with the increasing healthcare demands and policy shifts favoring innovation in Asia.

Intrinsic Value
70.73 HKD
Undervaluation 51%
Intrinsic Value
Price HK$34.54
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