Company Valuation: Celltrion, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,592,583 23,000,359 27,970,378 40,365,453 39,602,284 44,384,833 - -
Change - -16.64% 21.61% 44.32% -1.89% 12.08% - -
Enterprise Value (EV) 1 27,117 23,236 29,280 41,531 42,173 46,024 45,658 44,731
Change - -14.31% 26.01% 41.84% 1.55% 9.13% -0.8% -2.03%
P/E 47.2x 41.6x 53.7x 91.7x 38.8x 29x 25.3x 22.4x
PBR 6.87x 5.34x 2.46x 2.2x 2.32x 2.4x 2.2x 2.02x
PEG - -9.54x -20.3x -2.1x 0x 0.6x 1.7x 1.7x
Capitalization / Revenue 14.6x 10.1x 12.9x 11.3x 9.51x 7.94x 6.97x 6.29x
EV / Revenue 14.3x 10.2x 13.5x 11.7x 10.1x 8.23x 7.17x 6.34x
EV / EBITDA 27.9x 26.6x 32.6x 45.6x 29x 21.3x 18.1x 15.9x
EV / EBIT 36x 35.9x 44.9x 84.4x 36.1x 25.1x 20.6x 17.9x
EV / FCF 46x -211x 89.5x 54.2x 78.4x 40.4x 34x 28.6x
FCF Yield 2.17% -0.47% 1.12% 1.85% 1.28% 2.47% 2.94% 3.49%
Dividend per Share 3 628.9 - 436.1 686.8 714.3 727.7 780.6 818.1
Rate of return 0.38% - 0.25% 0.4% 0.41% 0.37% 0.4% 0.42%
EPS 3 3,515 3,362 3,273 1,873 4,438 6,696 7,683 8,689
Distribution rate 17.9% - 13.3% 36.7% 16.1% 10.9% 10.2% 9.41%
Net sales 1 1,891 2,284 2,176 3,557 4,162 5,590 6,367 7,056
EBITDA 1 972.1 873.6 897.2 910.3 1,456 2,163 2,523 2,814
EBIT 1 753.9 647.2 651.5 492 1,168 1,832 2,218 2,498
Net income 1 575.1 533.2 535.6 422.7 1,030 1,557 1,774 1,999
Net Debt 1 -475.5 235.5 1,310 1,165 2,571 1,639 1,273 346.4
Reference price 3 166,042.75 139,979.07 175,736.96 171,703.30 172,380.95 194,300.00 194,300.00 194,300.00
Nbr of stocks (in thousands) 166,178 164,313 159,160 235,088 229,737 228,435 - -
Announcement Date 2/16/22 3/3/23 2/29/24 2/25/25 2/4/26 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.02x8.23x21.28x0.37% 33.45B
18.38x6.48x12.88x1.62% 63.29B
30.22x7.94x26.49x0.05% 54.89B
36.58x6.5x19.41x0.88% 53.28B
35.46x3.44x14.83x-.--% 45.81B
50.32x5.82x31.95x-.--% 43.46B
-19.48x188.5x-20.74x-.--% 40.23B
27.38x5.77x14.95x-.--% 23.7B
32.79x5.99x20.16x-.--% 23.76B
-13.65x5.08x-6.16x-.--% 22.53B
Average 22.70x 24.37x 13.50x 0.29% 40.44B
Weighted average by Cap. 24.46x 24.37x 14.70x 0.41%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Celltrion, Inc.

Historical PBR trend

Valuation ratios - PBR - Celltrion, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Celltrion, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Celltrion, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Celltrion, Inc.
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