Company Valuation: Celularity Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 - 632.1 187.1 47.24 46.77 31.61
Change - - -70.41% -74.75% -1% -32.41%
Enterprise Value (EV) 1 - 626 238.7 112.4 114.9 100.1
Change - - -61.87% -52.9% 2.17% -12.81%
P/E -1.27x -3.43x 14.3x -0.22x -0.79x -0.31x
PBR -4.97x 6.4x 0.97x 1.17x 5.31x -0.84x
PEG - 0x -0x 0x 0x -0x
Capitalization / Revenue - 29.6x 10.4x 2.07x 0.86x 1.19x
EV / Revenue - 29.3x 13.3x 4.94x 2.12x 3.77x
EV / EBITDA - -4.86x -1.72x -1.67x -3.75x -1.85x
EV / EBIT - -4.55x -1.61x -1.47x -2.98x -1.69x
EV / FCF - -12.5x -3.46x -4.74x 11.1x 18.6x
FCF Yield - -7.97% -28.9% -21.1% 8.99% 5.38%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -86.9 -14.93 0.9 -11.02 -2.645 -3.586
Distribution rate - - - - - -
Net sales 1 14.28 21.34 17.98 22.77 54.22 26.55
EBITDA 1 -69.92 -128.9 -138.8 -67.16 -30.63 -54.01
EBIT 1 -78.09 -137.7 -148.3 -76.48 -38.55 -59.4
Net income 1 -208.2 -100.1 14.19 -196.3 -57.89 -91.72
Net Debt 1 -23.67 -6.104 51.62 65.19 68.1 68.54
Reference price 2 110.000 51.200 12.900 2.474 2.080 1.110
Nbr of stocks (in thousands) - 12,346 14,501 19,095 22,484 28,479
Announcement Date 3/29/21 3/31/22 3/31/23 7/30/24 5/8/25 4/30/26
1USD in Million2USD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 43.81M
32.9x11.93x24.23x0.6% 1,031B
29.45x6.54x18.31x2.02% 638B
33.1x7.75x16.02x2.65% 462B
105.72x5.91x25.05x2.35% 359B
19x4.63x11.48x2.87% 335B
20.37x5.28x13.08x3.03% 273B
20.79x4.31x12.28x2.05% 253B
26.62x6.92x12.32x2.39% 228B
-45.08x6.57x25.65x2.21% 185B
Average 26.98x 6.65x 17.60x 2.24% 376.39B
Weighted average by Cap. 32.10x 7.72x 18.90x 1.92%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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  4. Valuation Celularity Inc.