Company Valuation: Ocugen, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 906.3 284.6 147.5 234.5 421.6 580.4 - -
Change - -68.6% -48.17% 59% 79.79% 37.65% - -
Enterprise Value (EV) 906.3 284.6 147.5 234.5 421.6 580.4 580.4 580.4
Change - -68.6% -48.17% 59% 79.79% 37.65% 0% 0%
P/E ratio -15.2x -3.42x -2.21x -4.03x -5.87x -7.83x -13.6x 4.85x
PBR - - - - - - - -
PEG - -0.1x 0.1x 0.2x -0.4x 4.5x 0.3x -0x
Capitalization / Revenue - - 24.4x 57.8x 95.5x 387x 9.1x 1.71x
EV / Revenue - - 0x 0x 0x 387x 9.1x 1.71x
EV / EBITDA - - - - - - - -
EV / EBIT -0x -0x -0x -0x -0x -7.59x -21.9x 4.37x
EV / FCF - - - -0x - -9.8x 15.1x 2.84x
FCF Yield - - - -19.4% - -10.2% 6.63% 35.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.3 -0.38 -0.26 -0.2 -0.23 -0.226 -0.13 0.365
Distribution rate - - - - - - - -
Net sales 1 - - 6.036 4.055 4.413 1.5 63.79 339.9
EBITDA - - - - - - - -
EBIT 1 -58.03 -84.87 -65.53 -54.76 -62.92 -76.43 -26.47 132.8
Net income 1 -58.36 -81.35 -63.08 -54.05 -67.85 -78.27 -28.31 130.9
Net Debt - - - - - - - -
Reference price 2 4.550 1.300 0.575 0.805 1.350 1.770 1.770 1.770
Nbr of stocks (in thousands) 1,99,186 2,18,887 2,56,502 2,91,320 3,12,320 3,27,897 - -
Announcement Date 25/02/22 28/02/23 16/04/24 05/03/25 04/03/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-7.83x - - - 58Cr
34.13x5.07x16.98x0.99% 4.49TCr
55.12x4.79x32.28x-.--% 3.39TCr
54.71x11.2x31.35x0.35% 3.08TCr
20.73x2.42x10.44x-.--% 2.87TCr
-12.91x336.23x-10.94x-.--% 1.96TCr
45.09x8.62x27.06x-.--% 1.48TCr
27.3x4.36x19.81x-.--% 1.32TCr
20.82x1.92x8.38x1.18% 1.31TCr
Average 26.35x 46.83x 16.92x 0.32% 2.22TCr
Weighted average by Cap. 33.68x 38.21x 18.49x 0.35%

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 Ocugen, Inc.
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