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BELLUS Health Valuation

Is 0A4U undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0A4U when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0A4U (CA$19.38) is trading above our estimate of fair value (CA$16.69)

Significantly Below Fair Value: 0A4U is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0A4U?

Key metric: As 0A4U barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 0A4U. This is calculated by dividing 0A4U's market cap by their current book value.
What is 0A4U's PB Ratio?
PB Ratio5.1x
BookUS$368.90m
Market CapUS$1.85b

Price to Book Ratio vs Peers

How does 0A4U's PB Ratio compare to its peers?

The above table shows the PB ratio for 0A4U vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average5.1x
GNS Genus
1.8x31.5%UK£1.0b
PRTC PureTech Health
1.5x-12.8%UK£370.6m
NIOX NIOX Group
3.1x15.8%UK£251.5m
BVXP Bioventix
13.9xn/aUK£167.0m
0A4U BELLUS Health
5.1x46.1%CA$2.5b

Price-To-Book vs Peers: 0A4U is expensive based on its Price-To-Book Ratio (5.1x) compared to the peer average (2.2x).


Price to Book Ratio vs Industry

How does 0A4U's PB Ratio compare vs other companies in the GB Biotechs Industry?

5 CompaniesPrice / BookEstimated GrowthMarket Cap
DEST Destiny Pharma
0.3x-15.5%US$5.85m
BDRX Biodexa Pharmaceuticals
0.5xn/aUS$4.42m
LLAI LungLife AI
0.4x101.0%US$3.46m
VAL ValiRx
0.2xn/aUS$1.20m
0A4U 5.1xIndustry Avg. 3.0xNo. of Companies5PB0246810+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: 0A4U is expensive based on its Price-To-Book Ratio (5.1x) compared to the UK Biotechs industry average (2.3x)


Price to Book Ratio vs Fair Ratio

What is 0A4U's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0A4U PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio5.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 0A4U's Price-To-Book Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/28 06:06
End of Day Share Price 2023/06/21 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BELLUS Health Inc. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian SkorneyBaird
Justin ZelinBTIG
Pooya HemamiEdison Investment Research