OCGN Relative Valuation - Ocugen Inc - Alpha Spread

Ocugen Inc
NASDAQ:OCGN

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Ocugen Inc
NASDAQ:OCGN
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Price: 1.12 USD Market Closed
Market Cap: 288.2m USD
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Relative Value

The Relative Value of one OCGN stock under the Base Case scenario is 0.62 USD. Compared to the current market price of 1.12 USD, Ocugen Inc is Overvalued by 44%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

OCGN Relative Value
Base Case
0.62 USD
Overvaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
30
vs Industry
20
Median 3Y
0
Median 5Y
0
Industry
7.7
Forward
95.8
vs History
vs Industry
Median 3Y
-6.7
Median 5Y
-5
Industry
23.9
Forward
-5.6
vs History
vs Industry
Median 3Y
-6.9
Median 5Y
-5.4
Industry
22.2
vs History
vs Industry
Median 3Y
-6.1
Median 5Y
-5.5
Industry
24
vs History
12
vs Industry
6
Median 3Y
4.6
Median 5Y
3.6
Industry
2.5
vs History
30
vs Industry
17
Median 3Y
0
Median 5Y
0
Industry
7.4
Forward
91.1
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
8.5
vs History
vs Industry
Median 3Y
-5
Median 5Y
-3.2
Industry
5.1
vs History
vs Industry
Median 3Y
-5
Median 5Y
-3.2
Industry
4.7
Forward
-4.5
vs History
vs Industry
Median 3Y
-6
Median 5Y
-4.1
Industry
6.6
vs History
vs Industry
Median 3Y
-5.4
Median 5Y
-3.9
Industry
4.7
vs History
57
vs Industry
15
Median 3Y
18.8
Median 5Y
15.7
Industry
4.7

Multiples Across Competitors

OCGN Competitors Multiples
Ocugen Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Ocugen Inc
NASDAQ:OCGN
288.3m USD 35.2 -6.3 -5.4 -5.3
US
Abbvie Inc
NYSE:ABBV
340.7B USD 6.2 64.3 15.7 24.1
US
Amgen Inc
NASDAQ:AMGN
179.6B USD 5.8 57.4 20.1 36.5
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
127B USD 9.4 29.4 25.8 28.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
123.5B USD 11.9 -252.1 26.8 28.1
US
Epizyme Inc
F:EPE
94.1B EUR 1 975 -504 -548.8 -534.2
US
Gilead Sciences Inc
NASDAQ:GILD
104.5B USD 3.8 99.3 9.4 12
AU
CSL Ltd
ASX:CSL
142.8B AUD 6.5 36.5 22.3 27.8
US
Seagen Inc
F:SGT
39.3B EUR 19 -58.3 -62.8 -56.7
US
Palatin Technologies Inc
LSE:0KF3
40.1B USD 6 792.6 -1 219.7 -1 236.1 -1 223.4
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
34.9B USD 14.9 -479.1 210.8 324.5
P/E Multiple
Earnings Growth
US
Ocugen Inc
NASDAQ:OCGN
Average P/E: 57.4
Negative Multiple: -6.3
N/A
US
Abbvie Inc
NYSE:ABBV
64.3
406%
US
Amgen Inc
NASDAQ:AMGN
57.4
74%
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
29.4
56%
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
Negative Multiple: -252.1
38%
US
E
Epizyme Inc
F:EPE
Negative Multiple: -504 N/A
US
Gilead Sciences Inc
NASDAQ:GILD
99.3
71%
AU
CSL Ltd
ASX:CSL
36.5
64%
US
S
Seagen Inc
F:SGT
Negative Multiple: -58.3 N/A
US
P
Palatin Technologies Inc
LSE:0KF3
Negative Multiple: -1 219.7 N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
Negative Multiple: -479.1 N/A
EV/EBITDA Multiple
EBITDA Growth
US
Ocugen Inc
NASDAQ:OCGN
Average EV/EBITDA: 47.3
Negative Multiple: -5.4
N/A
US
Abbvie Inc
NYSE:ABBV
15.7
28%
US
Amgen Inc
NASDAQ:AMGN
20.1
57%
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
25.8
47%
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
26.8
39%
US
E
Epizyme Inc
F:EPE
Negative Multiple: -548.8 N/A
US
Gilead Sciences Inc
NASDAQ:GILD
9.4
10%
AU
CSL Ltd
ASX:CSL
22.3
45%
US
S
Seagen Inc
F:SGT
Negative Multiple: -62.8 N/A
US
P
Palatin Technologies Inc
LSE:0KF3
Negative Multiple: -1 236.1 N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
210.8
N/A
EV/EBIT Multiple
EBIT Growth
US
Ocugen Inc
NASDAQ:OCGN
Average EV/EBIT: 68.8
Negative Multiple: -5.3
N/A
US
Abbvie Inc
NYSE:ABBV
24.1
86%
US
Amgen Inc
NASDAQ:AMGN
36.5
95%
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
28.6
49%
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
28.1
38%
US
E
Epizyme Inc
F:EPE
Negative Multiple: -534.2 N/A
US
Gilead Sciences Inc
NASDAQ:GILD
12
26%
AU
CSL Ltd
ASX:CSL
27.8
59%
US
S
Seagen Inc
F:SGT
Negative Multiple: -56.7 N/A
US
P
Palatin Technologies Inc
LSE:0KF3
Negative Multiple: -1 223.4 N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
324.5
N/A

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