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Lineage Cell Therapeutics Valuation Multiples
Discover revenue and EBITDA valuation multiples for Lineage Cell Therapeutics and similar public comparables like Rocket Pharmaceuticals, Autolus Therapeutics, Vanda Pharmaceuticals, Ever Supreme Bio Technology and more.
Lineage Cell Therapeutics Overview
About Lineage Cell Therapeutics
Lineage Cell Therapeutics Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel therapies for the treatment of degenerative diseases. The company's pipeline is based on two platform technologies including cell replacement and cell/drug delivery. Lineage Cell's product candidate is OpRegen, a retinal pigment epithelium transplant therapy for the treatment of dry age-related macular degeneration, OPC1, an oligodendrocyte progenitor cell therapy for acute spinal cord injuries, and VAC2, allogeneic cancer immunotherapy of antigen-presenting dendritic cells for non-small cell lung cancer, ANP1, an allogeneic auditory neuron progenitor cells transplant for hearing loss, and PNC1, an allogeneic photoreceptor cell transplant for vision loss.
Founded
1990
HQ

Employees
77
Website
Sectors
Financials (LTM)
EV
$373M
Lineage Cell Therapeutics Financials
Lineage Cell Therapeutics reported last 12-month revenue of $19M and negative EBITDA of ($32M).
In the same LTM period, Lineage Cell Therapeutics generated $19M in gross profit, ($32M) in EBITDA losses, and had net loss of ($47M).
Revenue (LTM)
Lineage Cell Therapeutics P&L
In the most recent fiscal year, Lineage Cell Therapeutics reported revenue of $15M and EBITDA of ($21M).
Lineage Cell Therapeutics expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $19M | XXX | $15M | XXX | XXX | XXX |
| Gross Profit | $19M | XXX | $14M | XXX | XXX | XXX |
| Gross Margin | 99% | XXX | 99% | XXX | XXX | XXX |
| EBITDA | ($32M) | XXX | ($21M) | XXX | XXX | XXX |
| EBITDA Margin | (169%) | XXX | (145%) | XXX | XXX | XXX |
| EBIT Margin | (153%) | XXX | (150%) | XXX | XXX | XXX |
| Net Profit | ($47M) | XXX | ($64M) | XXX | XXX | XXX |
| Net Margin | (248%) | XXX | (436%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Lineage Cell Therapeutics Stock Performance
Lineage Cell Therapeutics has current market cap of $426M, and enterprise value of $373M.
Market Cap Evolution
Lineage Cell Therapeutics' stock price is $1.71.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $373M | $426M | 4.3% | XXX | XXX | XXX | $-0.26 |
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Start Free TrialLineage Cell Therapeutics Valuation Multiples
Lineage Cell Therapeutics trades at 19.5x EV/Revenue multiple, and (11.6x) EV/EBITDA.
EV / Revenue (LTM)
Lineage Cell Therapeutics Financial Valuation Multiples
As of April 18, 2026, Lineage Cell Therapeutics has market cap of $426M and EV of $373M.
Equity research analysts estimate Lineage Cell Therapeutics' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Lineage Cell Therapeutics has a P/E ratio of (9.0x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $426M | XXX | $426M | XXX | XXX | XXX |
| EV (current) | $373M | XXX | $373M | XXX | XXX | XXX |
| EV/Revenue | 19.5x | XXX | 25.6x | XXX | XXX | XXX |
| EV/EBITDA | (11.6x) | XXX | (17.7x) | XXX | XXX | XXX |
| EV/EBIT | (12.7x) | XXX | (17.1x) | XXX | XXX | XXX |
| EV/Gross Profit | 19.7x | XXX | 25.9x | XXX | XXX | XXX |
| P/E | (9.0x) | XXX | (6.7x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (19.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Lineage Cell Therapeutics Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Lineage Cell Therapeutics Margins & Growth Rates
Lineage Cell Therapeutics' revenue in the last 12 month grew by 33%.
Lineage Cell Therapeutics' revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.5M for the same period.
Lineage Cell Therapeutics' rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Lineage Cell Therapeutics' rule of X is 188% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Lineage Cell Therapeutics Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 33% | XXX | 105% | XXX | XXX | XXX |
| EBITDA Margin | (169%) | XXX | (145%) | XXX | XXX | XXX |
| EBITDA Growth | (28%) | XXX | 6% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 30% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 188% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 100% | XXX | 127% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 93% | XXX | 122% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 249% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Lineage Cell Therapeutics Public Comps
See public comps and valuation multiples for other Biopharmaceuticals comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Lineage Cell Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
| Rocket Pharmaceuticals | XXX | XXX | XXX | XXX | XXX | XXX |
| Autolus Therapeutics | XXX | XXX | XXX | XXX | XXX | XXX |
| Vanda Pharmaceuticals | XXX | XXX | XXX | XXX | XXX | XXX |
| Ever Supreme Bio Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Armata Pharmaceuticals | 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.
Lineage Cell Therapeutics M&A Activity
Lineage Cell Therapeutics acquired XXX companies to date.
Last acquisition by Lineage Cell Therapeutics was on XXXXXXXX, XXXXX. Lineage Cell Therapeutics acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Lineage Cell Therapeutics
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialLineage Cell Therapeutics Investment Activity
Lineage Cell Therapeutics invested in XXX companies to date.
Lineage Cell Therapeutics made its latest investment on XXXXXXXX, XXXXX. Lineage Cell Therapeutics invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Lineage Cell Therapeutics
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Lineage Cell Therapeutics
| When was Lineage Cell Therapeutics founded? | Lineage Cell Therapeutics was founded in 1990. |
| Where is Lineage Cell Therapeutics headquartered? | Lineage Cell Therapeutics is headquartered in United States. |
| How many employees does Lineage Cell Therapeutics have? | As of today, Lineage Cell Therapeutics has over 77 employees. |
| Who is the CEO of Lineage Cell Therapeutics? | Lineage Cell Therapeutics' CEO is Brian M. Culley. |
| Is Lineage Cell Therapeutics publicly listed? | Yes, Lineage Cell Therapeutics is a public company listed on NYSE American. |
| What is the stock symbol of Lineage Cell Therapeutics? | Lineage Cell Therapeutics trades under LCTX ticker. |
| When did Lineage Cell Therapeutics go public? | Lineage Cell Therapeutics went public in 1992. |
| Who are competitors of Lineage Cell Therapeutics? | Lineage Cell Therapeutics main competitors are Rocket Pharmaceuticals, Autolus Therapeutics, Vanda Pharmaceuticals, Ever Supreme Bio Technology. |
| What is the current market cap of Lineage Cell Therapeutics? | Lineage Cell Therapeutics' current market cap is $426M. |
| What is the current revenue of Lineage Cell Therapeutics? | Lineage Cell Therapeutics' last 12 months revenue is $19M. |
| What is the current revenue growth of Lineage Cell Therapeutics? | Lineage Cell Therapeutics revenue growth (NTM/LTM) is 33%. |
| What is the current EV/Revenue multiple of Lineage Cell Therapeutics? | Current revenue multiple of Lineage Cell Therapeutics is 19.5x. |
| Is Lineage Cell Therapeutics profitable? | No, Lineage Cell Therapeutics is not profitable. |
| What is the current EBITDA of Lineage Cell Therapeutics? | Lineage Cell Therapeutics has negative EBITDA and is not profitable. |
| What is Lineage Cell Therapeutics' EBITDA margin? | Lineage Cell Therapeutics' last 12 months EBITDA margin is (169%). |
| What is the current EV/EBITDA multiple of Lineage Cell Therapeutics? | Current EBITDA multiple of Lineage Cell Therapeutics is (11.6x). |
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