BeOne Medicines Ltd.ONC

Is ONC cheap right now? Every multiple below is scored against its own 10-year range, not a sector average.

$351.48-6.78 (-1.89%)24:00 UTC
NASDAQHealthcare

Company snapshot

Market Cap
$41B
Large-cap
+4069%
2016 — today
10-Year Price
+1084%
2016 — today
52-Week Range
$260.27$377.47
Current $351.48· 78%

BeOne Medicines Ltd. (ONC), initially founded in 2010 as BeiGene, stands as a prominent global oncology enterprise committed to identifying, advancing, and bringing to market cutting-edge cancer treatments. The company underwent a significant transformation, rebranding as BeOne in late 2024 and subsequently relocating its headquarters from Cambridge, Massachusetts, to Basel, Switzerland, in 2025. With a vast operational footprint extending across more than 45 countries and six continents, BeOne has firmly established itself as a leader in both immuno-oncology and targeted therapy solutions. Its strong product lineup includes key assets such as Tevimbra (tislelizumab), a PD-1 monoclonal antibody approved worldwide for a variety of cancer types, and Brukinsa (zanubrutinib), a Bruton's tyrosine kinase (BTK) inhibitor that has surpassed $1.3 billion in annual revenue and is approved in major regions like the U.S., Europe, and China. BeOne's strategic foundation combines proprietary research and development efforts with the integration of compounds obtained through external alliances, thereby fueling a comprehensive pipeline addressing both blood cancers and solid tumors.

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Valuation in context

P/E ratio
4.9
Near historic high
Near historic highs — last 10 years
Sector median 25.2below sector
P/B ratio
7.9
Historically pricey
Historically pricey — last 10 years
Sector median 2.6above sector
EV / EBITDA
31.7
Historically cheap
Historically cheap relative to the last 10 years
Sector median 15.5above sector
FCF Yield
3.1%
Near historic high
Near historic highs — last 10 years
Sector median -9.4%above sector
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