PMGC Holdings Inc. (ELAB) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+40235.4%

$847.04

vs $2.10 price

Levered DCF

$655.05

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

-1.94

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
P/E	-0.38×	-0.82×	-17.99×	-100,969.7×	-18,016.69×	-808,165.74×
P/B	0.37×	0.77×	20.22×	160,372.84×	31,374.75×	-7,636,437.19×
P/S	4.9×	2.07×	0×	236,769.99×	17,095,940.02×	0×
EV / EBITDA	-0.02×	-0.35×	-65.78×	-101,294.06×	-18,079.61×	0×
Gross margin	12.7%	72.8%	0.0%	58.4%	89.4%	0.0%
Operating margin	-1250.1%	-75.7%	0.0%	-233.4%	-94928.9%	0.0%
Net margin	-1306.3%	-253.1%	0.0%	-234.9%	-94889.8%	0.0%
Current ratio	1.74×	3.36×	3.79×	2.64×	2.95×	0.42×
Debt / equity	0.34×	0×	0.05×	0.25×	0×	-1.02×
Interest coverage	-13.48×	-2.54×	0×	-680.22×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	-98.4%	-93.8%	-112.4%	-159.1%	-174.1%	945.0%
Return on invested capital	-70.2%	-25.9%	-28.3%	-126.4%	-174.2%	-53976.6%
Return on assets	-59.9%	-69.4%	-82.9%	-95.1%	-117.8%	-1309.5%
Free cash flow yield	-220.7%	-107.2%	-5.9%	-0.0%	-0.0%	-0.0%
Earnings yield	-266.6%	-122.1%	-5.6%	-0.0%	-0.0%	-0.0%
Enterprise value	$133.9K	$1.1M	$74.3M	$181.4B	$14.1B	$180.1B
Net debt / EBITDA	0.38×	1.22×	2.76×	0.49×	0.53×	0×
Cash conversion cycle (days)	-216	-261	-66,201	28	260,577	0