Company Valuation: Ocugen, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 906.3 284.6 147.5 234.5 421.6 359.5 - -
Change - -68.6% -48.17% 59% 79.79% -14.75% - -
Enterprise Value (EV) 906.3 284.6 147.5 234.5 421.6 359.5 359.5 359.5
Change - -68.6% -48.17% 59% 79.79% -14.75% 0% 0%
P/E -15.2x -3.42x -2.21x -4.03x -5.87x -4.08x -3.79x -28.3x
PBR - - - - - - - -
PEG - -0.1x 0.1x 0.2x -0.4x -0.3x -0.49x 0.3x
Capitalization / Revenue - - 24.4x 57.8x 95.5x 75.6x 144x 2.52x
EV / Revenue - - 0x 0x 0x 75.6x 144x 2.52x
EV / EBITDA - - - - - - - -
EV / EBIT -0x -0x -0x -0x -0x -4.96x -4.09x -72.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.3 -0.38 -0.26 -0.2 -0.23 -0.26 -0.28 -0.0375
Distribution rate - - - - - - - -
Net sales 1 - - 6.036 4.055 4.413 4.757 2.5 142.6
EBITDA - - - - - - - -
EBIT 1 -58.03 -84.87 -65.53 -54.76 -62.92 -72.48 -87.98 -4.973
Net income 1 -58.36 -81.35 -63.08 -54.05 -67.85 -87.21 -97.94 -14.95
Net Debt - - - - - - - -
Reference price 2 4.550 1.300 0.575 0.805 1.350 1.060 1.060 1.060
Nbr of stocks (in thousands) 199,186 218,887 256,502 291,320 312,320 339,110 - -
Announcement Date 2/25/22 2/28/23 4/16/24 3/5/25 3/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-4.08x - - - 359M
31.88x5.74x17.19x1.02% 46.28B
34.31x3.31x14.29x-.--% 43.85B
-19.53x224.63x-20.86x-.--% 40.93B
45.96x5.31x29.04x-.--% 39.89B
27.09x7.81x19.95x0.42% 29.5B
34.82x5.71x25.95x-.--% 17.09B
25.48x2.19x9.51x1.05% 15.22B
-55.89x9.19x224.28x-.--% 14.05B
Average 13.34x 32.99x 39.92x 0.31% 27.46B
Weighted average by Cap. 20.27x 41.76x 24.53x 0.31%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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