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BeOne Medicines Ltd.

ONC·NASDAQ

$279.00

+1.6%
HealthcareMedical - Pharmaceuticals

BeOne Medicines, formerly known as BeiGene, is a global oncology company focused on discovering, developing, and commercializing innovative cancer therapies. Founded in 2010 and headquartered in Cambridge, Massachusetts—with operations spanning over 45 countries across six continents—the company rebranded as BeOne in late 2024 and redomiciled to Basel, Switzerland in 2025. BeOne has established itself as a leader in immuno-oncology and targeted therapies, with key assets including Tevimbra (tislelizumab), a PD-1 monoclonal antibody approved for multiple cancer indications globally, and Brukinsa (zanubrutinib), a Bruton's tyrosine kinase (BTK) inhibitor that surpassed $1.3 billion in annual sales and is approved in major markets such as the U.S., Europe, and China. The company’s strategy combines internal R&D with the development of assets sourced from external partnerships, driving a robust pipeline across hematologic malignancies and solid tumors.

At a Glance

Live Snapshot
Market Cap$29.81B
EPS34.1900
P/E Ratio8.16
Earnings Date08/05/2026
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BeOne Medicines Ltd. Fair Value Envelope

ONC · NASDAQ

Our analysis suggests that ONC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $279, this represents a potential HIDDEN relative to our calculated worth for BeOne Medicines Ltd..

Intrinsic Value
Current Price: $279

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$9,914.3B
+ Cash & Equivalents$4.5B
Firm Value$9,918.8B
- Debt$2.0B
Equity Value$9,916.8B
/ Shares Outstanding106,858,473B
DCF Value$92.8K
UNDERVALUED BY 33163%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$2.3B
$4.5B
$9.0B
$18.0B
$36.1B
$72.2B
$144.3B
$288.7B
$577.3B
$1,154.6B
Maintenance CapEx
-$74.3M
-$148.7M
-$297.3M
-$594.7M
-$1.2B
-$2.4B
-$4.8B
-$9.5B
-$19.0B
-$38.1B
Owner Earnings
$2.2B
$4.4B
$8.7B
$17.4B
$34.9B
$69.8B
$139.6B
$279.1B
$558.3B
$1,116.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.0B
$3.7B
$6.9B
$12.8B
$23.7B
$44.0B
$81.4B
$150.8B
$279.3B
$517.2B
Terminal Value represents 88.7% of Enterprise Value