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Hbm Holdings Ltd
HKEX:2142

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Hbm Holdings Ltd
HKEX:2142
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Price: 13.01 HKD -0.91% Market Closed
Market Cap: HK$11.3B

P/FCFE

33.7
Current
1 338%
Cheaper
vs 3-y average of -2.7

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
33.7
=
Market Cap
HK$12.6B
/
Free Cash Flow to Equity
$42.8m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
33.7
=
Market Cap
HK$12.6B
/
Free Cash Flow to Equity
$42.8m

Valuation Scenarios

Hbm Holdings Ltd is trading below its industry average

If P/FCFE returns to its Industry Average (34.2), the stock would be worth HK$13.2 (1% upside from current price).

Statistics
Positive Scenarios
1/2
Maximum Downside
-59%
Maximum Upside
+1%
Average Downside
29%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 33.7 HK$13.01
0%
Industry Average 34.2 HK$13.2
+1%
Country Average 13.9 HK$5.35
-59%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
HK
Hbm Holdings Ltd
HKEX:2142
11.3B HKD 33.7 15.8
FR
Pharnext SCA
OTC:PNEXF
6T USD -2 855 158.7 -160 127.7
US
Abbvie Inc
NYSE:ABBV
365.2B USD 23.4 87.3
US
Amgen Inc
NASDAQ:AMGN
178.1B USD 20.7 22.8
US
Gilead Sciences Inc
NASDAQ:GILD
163.4B USD 24.2 19.2
US
Epizyme Inc
F:EPE
94.1B EUR -480.6 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
107.7B USD 33.9 27.2
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
74.1B USD 19.9 16.5
NL
argenx SE
XBRU:ARGX
41.3B EUR 159.6 37.4
US
Seagen Inc
F:SGT
39.3B EUR -66.1 -61.8
AU
CSL Ltd
ASX:CSL
60.2B AUD 35.5 29.5
P/E Multiple
Earnings Growth PEG
HK
H
Hbm Holdings Ltd
HKEX:2142
Average P/E: 32
15.8
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
87.3
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
29.5
9%
3.3

Market Distribution

Higher than 81% of companies in Hong Kong
Percentile
81th
Based on 1 043 companies
81th percentile
33.7
Low
0.3 — 7.1
Typical Range
7.1 — 22.8
High
22.8 —
Distribution Statistics
Hong Kong
Min 0.3
30th Percentile 7.1
Median 13.9
70th Percentile 22.8
Max 11 983

Hbm Holdings Ltd
Glance View

Market Cap
11.3B HKD
Industry
Biotechnology

HBM Holdings Ltd. is a clinical-stage biopharmaceutical company, which engages in the research and development of therapeutics in the fields of immuno-oncology and immunology diseases. The Company’s products include batoclimab, mainly used for immune thrombocytopenia (ITP), graves’ ophthalmopathy (GO), myasthenia gravis (MG), neuromyelitis optica spectrum disorder (NMOSD); and tanfanercept, mainly used for dry eye disease (DED). In addition, the Company researches and develops immuno-oncology portfolio, including internally developed next-generation immune-oncology assets targeting immune-desert, immune-excluded and inflamed tumors.

Intrinsic Value
4.01 HKD
Overvaluation 69%
Intrinsic Value
Price HK$13.01
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