Switch theme
Sign up to access all valuation multiples
HBM Holdings Ltd is a clinical-stage biopharmaceutical company engaged in the discovery and development of differentiated antibody therapeutics in immunology and oncology disease areas. Its products under development are Batoclimab, for the treatment of a wide spectrum of autoimmune diseases; Tanfanercept, for the treatment of moderate-to-severe dry eye disease (DED); HBM4003; HBM9378, to prevent and treat COVID-19, the pandemic respiratory disease caused by the SARS-CoV-2 virus; HBM7008; and others. Its geographical segments are Mainland China, United States, Europe, and others. The majority of the revenue for the firm is generated from the United States.
2016
177
LTM Revenue $339M
LTM EBITDA n/a
$730M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
HBM Holdings has a last 12-month revenue of $339M and a last 12-month EBITDA of n/a.
In the most recent fiscal year, HBM Holdings achieved revenue of $11.5M and an EBITDA of $4.0M.
HBM Holdings expects next 12-month revenue of XXX and NTM EBITDA of XXX
See HBM Holdings valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $5.2M | $11.5M | XXX | XXX | XXX |
| Gross Profit | $0.5M | $5.2M | XXX | XXX | XXX |
| Gross Margin | 10% | 45% | XXX | XXX | XXX |
| EBITDA | -$16.3M | $4.0M | XXX | XXX | XXX |
| EBITDA Margin | -312% | 35% | XXX | XXX | XXX |
| Net Profit | -$17.7M | -$17.6M | XXX | XXX | XXX |
| Net Margin | -339% | -153% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, HBM Holdings's stock price is HKD 8 (or $1).
HBM Holdings has current market cap of HKD 6.5B (or $835M), and EV of HKD 5.7B (or $730M).
See HBM Holdings trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $730M | $835M | XXX | XXX | XXX | XXX | n/a |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, HBM Holdings has market cap of $835M and EV of $730M.
HBM Holdings's trades at 16.7x LTM EV/Revenue multiple, and n/a LTM EBITDA.
Analysts estimate HBM Holdings's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for HBM Holdings and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $730M | XXX | XXX | XXX |
| EV/Revenue | 63.4x | XXX | XXX | XXX |
| EV/EBITDA | 182.0x | XXX | XXX | XXX |
| P/E | 284.9x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | -262.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpHBM Holdings's NTM/LTM revenue growth is 44%
HBM Holdings's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $47K for the same period.
Over next 12 months, HBM Holdings's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate HBM Holdings's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for HBM Holdings and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 120% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 35% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -125% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 79% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
| Opex per Employee | $47K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 1% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 9% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 50% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 72% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Julphar | XXX | XXX | XXX | XXX | XXX | XXX |
| Benevolent AI | XXX | XXX | XXX | XXX | XXX | XXX |
| Galapagos | XXX | XXX | XXX | XXX | XXX | XXX |
| Pharming | XXX | XXX | XXX | XXX | XXX | XXX |
| Vivoryon Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
HBM Holdings acquired XXX companies to date.
Last acquisition by HBM Holdings was XXXXXXXX, XXXXX XXXXX XXXXXX . HBM Holdings acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| When was HBM Holdings founded? | HBM Holdings was founded in 2016. |
| Where is HBM Holdings headquartered? | HBM Holdings is headquartered in Hong Kong. |
| How many employees does HBM Holdings have? | As of today, HBM Holdings has 177 employees. |
| Is HBM Holdings publicy listed? | Yes, HBM Holdings is a public company listed on HKG. |
| What is the stock symbol of HBM Holdings? | HBM Holdings trades under 02142 ticker. |
| When did HBM Holdings go public? | HBM Holdings went public in 2020. |
| Who are competitors of HBM Holdings? | Similar companies to HBM Holdings include e.g. Julphar, Benevolent AI, Galapagos, Pharming. |
| What is the current market cap of HBM Holdings? | HBM Holdings's current market cap is $835M |
| What is the current revenue of HBM Holdings? | HBM Holdings's last 12-month revenue is $339M. |
| What is the current EV/Revenue multiple of HBM Holdings? | Current revenue multiple of HBM Holdings is 16.7x. |
| What is the current revenue growth of HBM Holdings? | HBM Holdings revenue growth between 2023 and 2024 was 120%. |
| Is HBM Holdings profitable? | Yes, HBM Holdings is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
