AbCellera Biologics Inc. (ABCL) Valuation — DCF, Graham & Comparables

AbCellera Biologics Inc. (ABCL) — Price $11.12 (closing price, November 2, 2026) — Healthcare — Biotechnology — NASDAQ

Latest reported results:

Valuation dashboard for AbCellera Biologics Inc. (ABCL) with P/E N/A, P/B 3.79, EV/EBITDA -21.4 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Healthcare companies.

AbCellera Biologics Inc. specializes in pioneering an advanced platform for the discovery of antibodies. This comprehensive, AI-driven system meticulously explores and analyzes natural immune systems to identify antibodies suitable for the creation of new pharmaceutical drugs. As of December 31, 2021, the company had cultivated 156 discovery programs, ranging from completed to in-progress or under contract, in partnership with 36 entities.

Analysis Summary

AbCellera Biologics Inc. reported revenue of $75.1M in the most recent fiscal year, growing at a 5-year CAGR of -20.3%.

Trailing-twelve-month margins: gross margin 75.0%, operating margin -340.3%, net margin -248.8%.

At $11.12 (closing price, November 2, 2026), ABCL has negative trailing earnings (P/E not meaningful) and an ROE of -17.49%. Market capitalisation stands at $3.6B.

Balance sheet quality for ABCL: debt-to-equity ratio of 0.15, current ratio of 12.77 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book3.79
EV / EBITDA-21.4
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ABCLAbCellera Biologics Inc.$3.6B3.79-17.5%
VRTXVertex Pharmaceuticals Incorporated$140.2B35.604.2817.5%
0QZU.LVertex Pharmaceuticals Incorporated$134.0B30.256.5723.3%
REGNRegeneron Pharmaceuticals, Inc.$99.0B21.242.9215.1%
MRNAModerna, Inc.$88.2B12.93-39.2%
0R2M.LRegeneron Pharmaceuticals, Inc.$86.5B19.222.6213.8%
ARGXargenx SE$55.0B41.276.5416.9%
0QNO.LLonza Group AGCHF 43.8B5.43-1.3%

Price

Price$11.12 (closing price, November 2, 2026)
Market Cap$3.6B
ExchangeNASDAQ
CountryCA

Profitability

Return on Equity-17.49%
Return on Invested Capital-14.95%
Return on Assets-12.59%
Gross Margin74.95%
Operating Margin-340.25%
Net Margin-248.83%

Related companies: VRTX · 0QZU.L · REGN · MRNA · 0R2M.L · ARGX · 0QNO.L · RVMD

Explore sector: Healthcare · Biotechnology

More sections of ABCL: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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