ZLAB Relative Valuation
ZLAB's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ZLAB is overvalued; if below, it's undervalued.
Historical Valuation
Zai Lab Ltd (ZLAB) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of -18.37. The fair price of Zai Lab Ltd (ZLAB) is between NaN to NaN according to relative valuation methord.
Relative Value
Fair Zone
NaN-NaN
Current Price：19.95
Fair
-20.81
PE
1Y
3Y
5Y
Trailing
Forward
-44.30
EV/EBITDA
Zai Lab Ltd. (ZLAB) has a current EV/EBITDA of -44.30. The 5-year average EV/EBITDA is -14.53. The thresholds are as follows: Strongly Undervalued below -42.88, Undervalued between -42.88 and -28.71, Fairly Valued between -0.35 and -28.71, Overvalued between -0.35 and 13.83, and Strongly Overvalued above 13.83. The current Forward EV/EBITDA of -44.30 falls within the Strongly Undervalued range.
-15.63
EV/EBIT
Zai Lab Ltd. (ZLAB) has a current EV/EBIT of -15.63. The 5-year average EV/EBIT is -13.33. The thresholds are as follows: Strongly Undervalued below -35.15, Undervalued between -35.15 and -24.24, Fairly Valued between -2.42 and -24.24, Overvalued between -2.42 and 8.49, and Strongly Overvalued above 8.49. The current Forward EV/EBIT of -15.63 falls within the Historic Trend Line -Fairly Valued range.
4.00
PS
Zai Lab Ltd. (ZLAB) has a current PS of 4.00. The 5-year average PS is 21.66. The thresholds are as follows: Strongly Undervalued below -33.26, Undervalued between -33.26 and -5.80, Fairly Valued between 49.12 and -5.80, Overvalued between 49.12 and 76.58, and Strongly Overvalued above 76.58. The current Forward PS of 4.00 falls within the Historic Trend Line -Fairly Valued range.
-77.71
P/OCF
Zai Lab Ltd. (ZLAB) has a current P/OCF of -77.71. The 5-year average P/OCF is -23.82. The thresholds are as follows: Strongly Undervalued below -74.67, Undervalued between -74.67 and -49.25, Fairly Valued between 1.60 and -49.25, Overvalued between 1.60 and 27.03, and Strongly Overvalued above 27.03. The current Forward P/OCF of -77.71 falls within the Strongly Undervalued range.
-27.58
P/FCF
Zai Lab Ltd. (ZLAB) has a current P/FCF of -27.58. The 5-year average P/FCF is -17.58. The thresholds are as follows: Strongly Undervalued below -48.69, Undervalued between -48.69 and -33.14, Fairly Valued between -2.03 and -33.14, Overvalued between -2.03 and 13.53, and Strongly Overvalued above 13.53. The current Forward P/FCF of -27.58 falls within the Historic Trend Line -Fairly Valued range.
Zai Lab Ltd (ZLAB) has a current Price-to-Book (P/B) ratio of 2.90. Compared to its 3-year average P/B ratio of 1.64 , the current P/B ratio is approximately 77.05% higher. Relative to its 5-year average P/B ratio of 1.23, the current P/B ratio is about 135.63% higher. Zai Lab Ltd (ZLAB) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -9.64%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -8.94% , the current FCF yield is about -100.00% lower.
2.90
P/B
Median3y
1.64
Median5y
1.23
-8.68
FCF Yield
Median3y
-9.64
Median5y
-8.94
Competitors Valuation Multiple
The average P/S ratio for ZLAB's competitors is , providing a benchmark for relative valuation. Zai Lab Ltd Corp (ZLAB) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 13.52%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of ZLAB decreased by 23.83% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 102.27M to 116.10M.
The secondary factor is the P/E Change, contributed -13.37%to the performance.
Overall, the performance of ZLAB in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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FAQ
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