Company Valuation: Ocugen, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 906.3 284.6 147.5 234.5 421.6 447.6 - -
Change - -68.6% -48.17% 59% 79.79% 6.16% - -
Enterprise Value (EV) 906.3 284.6 147.5 234.5 421.6 447.6 447.6 447.6
Change - -68.6% -48.17% 59% 79.79% 6.16% 0% 0%
P/E -15.2x -3.42x -2.21x -4.03x -5.87x -5.08x -4.71x -40.6x
PBR - - - - - - - -
PEG - -0.1x 0.1x 0.2x -0.4x -0.4x -0.61x 0.5x
Capitalization / Revenue - - 24.4x 57.8x 95.5x 94.1x 179x 3.07x
EV / Revenue - - 0x 0x 0x 94.1x 179x 3.07x
EV / EBITDA - - - - - - - -
EV / EBIT -0x -0x -0x -0x -0x -6.18x -5.09x -152x
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 -0.0325
Distribution rate - - - - - - - -
Net sales 1 - - 6.036 4.055 4.413 4.757 2.5 145.7
EBITDA - - - - - - - -
EBIT 1 -58.03 -84.87 -65.53 -54.76 -62.92 -72.48 -87.98 -2.941
Net income 1 -58.36 -81.35 -63.08 -54.05 -67.85 -87.21 -97.94 -12.92
Net Debt - - - - - - - -
Reference price 2 4.550 1.300 0.575 0.805 1.350 1.320 1.320 1.320
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.07x6.11x18.29x0.94% 50.14B
-21.38x253.2x-23.09x-.--% 44.85B
33.98x3.29x14.19x-.--% 43.43B
47.39x5.49x30x-.--% 41.14B
28.29x8.56x21.63x0.41% 32.92B
33.72x5.52x25.09x-.--% 16.55B
24.26x2.11x9.12x1.11% 14.65B
78.05x4.1x15.91x-.--% 13.93B
Average 32.30x 36.05x 13.89x 0.31% 32.2B
Weighted average by Cap. 27.59x 48.49x 12.48x 0.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA