Beigene Stock Beta
| BGNE Stock | USD 218.97 6.58 3.10% |
BeiGene fundamentals help investors to digest information that contributes to BeiGene's financial success or failures. It also enables traders to predict the movement of BeiGene Stock. The fundamental analysis module provides a way to measure BeiGene's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BeiGene stock.
BeiGene | Beta |
BeiGene Company Beta Analysis
BeiGene's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current BeiGene Beta | 0.62 |
Most of BeiGene's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BeiGene is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BeiGene Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for BeiGene is extremely important. It helps to project a fair market value of BeiGene Stock properly, considering its historical fundamentals such as Beta. Since BeiGene's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BeiGene's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BeiGene's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, BeiGene has a Beta of 0.621. This is 27.79% lower than that of the Biotechnology sector and 55.32% lower than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
BeiGene Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BeiGene's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BeiGene could also be used in its relative valuation, which is a method of valuing BeiGene by comparing valuation metrics of similar companies.BeiGene is currently under evaluation in beta category among its peers.
BeiGene Current Valuation Drivers
We derive many important indicators used in calculating different scores of BeiGene from analyzing BeiGene's financial statements. These drivers represent accounts that assess BeiGene's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BeiGene's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 10.0B | 21.6B | 25.1B | 22.7B | 18.8B | 19.8B | |
| Enterprise Value | 9.6B | 20.7B | 21.5B | 19.7B | 16.6B | 17.4B |
BeiGene ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, BeiGene's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BeiGene's managers, analysts, and investors.Environmental | Governance | Social |
BeiGene Institutional Holders
Institutional Holdings refers to the ownership stake in BeiGene that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BeiGene's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BeiGene's value.| Shares | Point72 Asset Management, L.p. | 2024-06-30 | 381.4 K | Public Investment Fund | 2024-06-30 | 354.4 K | Vestal Point Capital Lp | 2024-06-30 | 350 K | Artal Group S A | 2024-06-30 | 303.4 K | Bank Of America Corp | 2024-06-30 | 287.3 K | Baird Financial Group, Inc. | 2024-06-30 | 262.1 K | First Trust Advisors L.p. | 2024-06-30 | 250.4 K | Artisan Partners Limited Partnership | 2024-06-30 | 208.4 K | Capital International Sarl | 2024-06-30 | 192.4 K | Baker Bros Advisors Lp | 2024-06-30 | 10.6 M | Capital Research & Mgmt Co - Division 3 | 2024-06-30 | 7 M |
As returns on the market increase, BeiGene's returns are expected to increase less than the market. However, during the bear market, the loss of holding BeiGene is expected to be smaller as well.
BeiGene Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.0969 | ||||
| Profit Margin | (0.17) % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | 22.86 B | ||||
| Shares Outstanding | 97.34 M | ||||
| Shares Owned By Insiders | 19.48 % | ||||
| Shares Owned By Institutions | 55.32 % | ||||
| Number Of Shares Shorted | 1.99 M | ||||
| Price To Earning | (16.19) X | ||||
| Price To Book | 6.91 X | ||||
| Price To Sales | 7.87 X | ||||
| Revenue | 2.46 B | ||||
| Gross Profit | (511.06 M) | ||||
| EBITDA | (1.12 B) | ||||
| Net Income | (881.71 M) | ||||
| Cash And Equivalents | 5.7 B | ||||
| Cash Per Share | 55.17 X | ||||
| Total Debt | 930.18 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 4.54 X | ||||
| Book Value Per Share | 31.73 X | ||||
| Cash Flow From Operations | (1.16 B) | ||||
| Short Ratio | 6.92 X | ||||
| Earnings Per Share | (4.95) X | ||||
| Target Price | 274.6 | ||||
| Number Of Employees | 10 K | ||||
| Beta | 0.62 | ||||
| Market Capitalization | 24.36 B | ||||
| Total Asset | 5.81 B | ||||
| Retained Earnings | (7.96 B) | ||||
| Working Capital | 2.39 B | ||||
| Current Asset | 106.27 M | ||||
| Current Liabilities | 35.17 M | ||||
| Net Asset | 5.81 B |
About BeiGene Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BeiGene's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BeiGene using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BeiGene based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out BeiGene Piotroski F Score and BeiGene Altman Z Score analysis. For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BeiGene. If investors know BeiGene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BeiGene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.95) | Revenue Per Share 29.652 | Quarterly Revenue Growth 0.561 | Return On Assets (0.1) | Return On Equity (0.15) |
The market value of BeiGene is measured differently than its book value, which is the value of BeiGene that is recorded on the company's balance sheet. Investors also form their own opinion of BeiGene's value that differs from its market value or its book value, called intrinsic value, which is BeiGene's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BeiGene's market value can be influenced by many factors that don't directly affect BeiGene's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BeiGene's value and its price as these two are different measures arrived at by different means. Investors typically determine if BeiGene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BeiGene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.