🎉 M&A multiples are live!
Check it out!

Zenas BioPharma Valuation Multiples

Discover revenue and EBITDA valuation multiples for Zenas BioPharma and similar public comparables like Vivoryon Therapeutics, Pharming, and Galapagos.

Zenas BioPharma Overview

About Zenas BioPharma

Zenas BioPharma Inc is a clinical-stage biopharmaceutical company. Its I&I product candidate, obexelimab, is a bifunctional monoclonal antibody designed to bind both CD19 and FcyRIIb, which are present across B cell lineage, in order to inhibit the activity of cells that are implicated in many autoimmune diseases without depleting them.


Founded

2019

HQ

United States of America
Employees

130

Website

zenasbio.com

Financials

LTM Revenue $3.8M

LTM EBITDA -$182M

EV

$5.5M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Zenas BioPharma Financials

Zenas BioPharma has a last 12-month revenue of $3.8M and a last 12-month EBITDA of -$182M.

In the most recent fiscal year, Zenas BioPharma achieved revenue of $5.0M and an EBITDA of -$164M.

Zenas BioPharma expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Zenas BioPharma valuation multiples based on analyst estimates

Zenas BioPharma P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $50.0M $5.0M XXX XXX XXX
Gross Profit n/a n/a XXX XXX XXX
Gross Margin NaN% NaN% XXX XXX XXX
EBITDA -$27.0M -$164M XXX XXX XXX
EBITDA Margin -54% -3275% XXX XXX XXX
Net Profit -$119M -$37.1M XXX XXX XXX
Net Margin -239% -742% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Zenas BioPharma Stock Performance

As of April 15, 2025, Zenas BioPharma's stock price is $9.

Zenas BioPharma has current market cap of $355M, and EV of $5.5M.

See Zenas BioPharma trading valuation data

Zenas BioPharma Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$5.5M $355M XXX XXX XXX XXX $-8.46

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Zenas BioPharma Valuation Multiples

As of April 15, 2025, Zenas BioPharma has market cap of $355M and EV of $5.5M.

Zenas BioPharma's trades at 1.5x LTM EV/Revenue multiple, and -0.0x LTM EBITDA.

Analysts estimate Zenas BioPharma's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Zenas BioPharma and 10K+ public comps

Zenas BioPharma Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $5.5M XXX XXX XXX
EV/Revenue 1.1x XXX XXX XXX
EV/EBITDA -0.0x XXX XXX XXX
P/E -2.3x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF -0.0x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Zenas BioPharma Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Zenas BioPharma Valuation Multiples

Zenas BioPharma's NTM/LTM revenue growth is 123%

Zenas BioPharma's revenue per employee for the last fiscal year averaged $38K, while opex per employee averaged $1.3M for the same period.

Over next 12 months, Zenas BioPharma'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 Zenas BioPharma's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Zenas BioPharma and other 10K+ public comps

Zenas BioPharma Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth -90% XXX XXX XXX XXX
EBITDA Margin -3275% XXX XXX XXX XXX
EBITDA Growth 506% XXX XXX XXX XXX
Rule of 40 (SaaS-only) -3152% XXX XXX XXX XXX
Revenue per Employee $38K XXX XXX XXX XXX
Opex per Employee $1.3M XXX XXX XXX XXX
S&M Expenses to Revenue n/a XXX XXX XXX XXX
G&A Expenses to Revenue 595% XXX XXX XXX XXX
R&D Expenses to Revenue 2783% XXX XXX XXX XXX
Opex to Revenue 3378% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Zenas BioPharma Public Comps

See public comps and valuation multiples for Drug Development & Therapeutics and Biopharmaceuticals comps
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.

Zenas BioPharma M&A and Investment Activity

Zenas BioPharma acquired  XXX companies to date.

Last acquisition by Zenas BioPharma was  XXXXXXXX, XXXXX XXXXX XXXXXX . Zenas BioPharma acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Zenas BioPharma

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

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Zenas BioPharma

When was Zenas BioPharma founded? Zenas BioPharma was founded in 2019.
Where is Zenas BioPharma headquartered? Zenas BioPharma is headquartered in United States of America.
How many employees does Zenas BioPharma have? As of today, Zenas BioPharma has 130 employees.
Who is the CEO of Zenas BioPharma? Zenas BioPharma's CEO is Mr. Leon O. Moulder, Jr.
Is Zenas BioPharma publicy listed? Yes, Zenas BioPharma is a public company listed on NAS.
What is the stock symbol of Zenas BioPharma? Zenas BioPharma trades under ZBIO ticker.
When did Zenas BioPharma go public? Zenas BioPharma went public in 2024.
Who are competitors of Zenas BioPharma? Similar companies to Zenas BioPharma include e.g. Julphar, Benevolent AI, Galapagos, Pharming.
What is the current market cap of Zenas BioPharma? Zenas BioPharma's current market cap is $355M
What is the current revenue of Zenas BioPharma? Zenas BioPharma's last 12-month revenue is $3.8M.
What is the current EBITDA of Zenas BioPharma? Zenas BioPharma's last 12-month EBITDA is -$182M.
What is the current EV/Revenue multiple of Zenas BioPharma? Current revenue multiple of Zenas BioPharma is 1.5x.
What is the current EV/EBITDA multiple of Zenas BioPharma? Current EBITDA multiple of Zenas BioPharma is -0.0x.
What is the current revenue growth of Zenas BioPharma? Zenas BioPharma revenue growth between 2023 and 2024 was -90%.
Is Zenas BioPharma profitable? Yes, Zenas BioPharma is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.