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HCMHUTCHMED (China) Limited
$15.16$2.6B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
HCM logo

HUTCHMED (China) Limited

HCM
NASDAQ · Oncology Biotech
$15.16
At close - Nov 6, 4:00 PM EST - USD
Market Cap$2.64B
P/E148.0x
52W High$16.33
Volume157.31K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Milestone-Driven Revenue Volatility Masks Core Profitability Challenges

HUTCHMED's recent financial performance has been heavily influenced by one-time licensing milestones, with TTM revenue declining 12.7% to $1.4B and net income spiking to $227.5M in 2025Q1-Q2 before normalizing to $8.0M in 2026Q2.

GrowthDecelerating
ProfitabilityStrained
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

HCM price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

+253% Peers

P/E is 253% above peer median

03

Market leadership

RS 83 · Leader

High momentum (Outperforming 83% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Oct 30

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
HCM+11.06%
S&P 500 (^GSPC)+7.63%
1-Year Return
HCM-1.88%
S&P 500 (^GSPC)+9.69%
3-Year Return
HCM-23.01%
S&P 500 (^GSPC)+77.31%
5-Year Return
HCM-49.52%
S&P 500 (^GSPC)+65.10%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
148.0x
Forward P/EExpansion
42.3x
EV/EBITDA
N/A
FCF YieldCash Flow
0.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
148.0x
30.2x
100th· High
EV/EBITDA
N/A
111.0x
N/A
Price/FCF
265.8x
16.9x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.22-98.5%
Base (Fair)$11.46-24.4%
Bull$0.53-96.5%
$0.22 Bear$11.46 Base$0.53 Bull
Current Market Price: $15.16
Trades at a 32.3% premium to Base DCF ($11.46)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$550M-12.7% YoY
Net income FY25
$458M+1114.2% YoY
Free cash flow FY25
-$89M-409.3% YoY
Operating margin FY25
-10%-3.0 pts YoY
ROIC (FY25)-4.1%
Avg ROIC 5Y-32.2%
ROE (TTM)1.4%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (73%)
Revenue Beat Rate6/12 (55%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$0.05-68.3%
vs $0.14
$278M-8.5%
vs $304M
Q3 2026
Jul 2, 2026
$0.05+112.8%
vs -$0.36
$139M+71.9%
vs $81M
Q2 2026
Mar 5, 2026
$0.00-100.0%
vs $2.50
$271M-6.7%
vs $291M
Q3 2025
Aug 7, 2025
$2.60+78.1%
vs $1.46
$278M-15.9%
vs $330M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
PRNewsWire·3d ago
Edgewise Therapeutics Announces Productive End-of-Phase 2 Meeting with FDA for EDG-7500 in HCM; Phase 3 Protocol Features Tolerability-Based Dose Escalation Without Safety Echo Monitoring

– Following the End-of-Phase 2 meeting, Edgewise has submitted the STRATUS-HCM Phase 3 protocol with dose escalation guided by investigator assessment of tolerability – – STRATUS-HCM includes two independent placebo-controlled studies of symptomatic obstructive and nonobstructive HCM populations under a single master protocol, with peak VO ₂ as the primary endpoint – – STRATUS-HCM on track to start in the fourth quarter of 2026 – BOULDER, Colo., Nov. 5, 2026 /PRNewswire/ -- Edgewise Therapeutics, Inc. (Nasdaq: EWTX), a leading clinical-stage cardiovascular biopharmaceutical company, today announced favorable feedback from its End-of-Phase 2 meeting with the U.S. Food and Drug Administration (FDA) for EDG-7500 in symptomatic obstructive and nonobstructive hypertrophic cardiomyopathy (HCM).

GlobeNewsWire·3d ago
HUTCHMED Announces Sovleplenib Granted US FDA Orphan Drug Designation for Autoimmune Hemolytic Anemia

— Eligible for development incentives including 7 years of US market exclusivity upon regulatory approval —

GlobeNewsWire·6d ago
HUTCHMED Announces Regulatory Filings Accepted for Review for ORPATHYS® plus TAGRISSO® in MET-Driven EGFR-Mutated Lung Cancer in Europe and Japan

— Follows US FDA new drug application submission in September 2026, marking important global regulatory progress —

GlobeNewsWire·Oct 30, 2026
Braveheart Bio to Host Webinar – HCM Spotlight: Advancing a Next-Generation Cardiac Myosin Inhibitor – with Key Opinion Leader Discussion on November 6, 2026

SAN FRANCISCO, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Braveheart Bio, Inc. (Nasdaq: BRVE), a clinical-stage biopharmaceutical company developing next-generation therapeutics for hypertrophic cardiomyopathy (HCM) and other serious cardiovascular diseases, today announced that it will host an investor and analyst webinar on Friday, November 6, 2026, from 4:35 p.m. to 6:05 p.m. ET. The event will feature remarks on Braveheart Bio's cardiac myosin inhibitor program and the global clinical development of BHB-1893 in patients with obstructive HCM and non-obstructive HCM from Management and the following speakers:

Filtered for HUTCHMED (China) LimitedMore Headlines
04

Compare before deciding

Benchmark HCM against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for HUTCHMED (China) Limited (HCM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
HCM logoHCMHUTCHMED (China) LimitedCurrent
$15.16$2.64B148.05-12.73%3.26%1.42%—
ZLAB logoZLABZai Lab Limited
$25.48$2.88B-14.4315.33%-44.91%-31.15%—
LEGN logoLEGNLegend Biotech Corporation
$23.40$4.33B-49.5064.04%-7.21%-8.7%—
CAN logoCANCanaan Inc.
$0.19$134.43M-0.4596.69%-67.79%-80.25%—
ABBV logoABBVAbbVie Inc.
$291.31$514.68B49.878.57%15.68%—2.26%
MRK logoMRKMerck & Co., Inc.
$146.73$362.4B148.231.18%3.64%5.29%2.22%

Compare HCM vs Peers

HUTCHMED (China) Limited (HCM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ZLAB

Most directly comparable listed peer for HCM.

Scale Benchmark

vs JNJ

Larger-name benchmark to compare HCM against a more recognizable public peer.

Peer Set

Compare Top 5

vs ZLAB, LEGN, CAN, ABBV

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HCM Frequently Asked Questions

HUTCHMED (China) Limited (HCM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is HUTCHMED (China) Limited's revenue?

HUTCHMED (China) Limited (HCM) reported $550.0M in revenue in fiscal year 2025, which is also its trailing twelve months. That is 1353% more than the $37.9M of fiscal year 2005.

How fast is HUTCHMED (China) Limited growing?

HUTCHMED (China) Limited (HCM) revenue fell by 8.8% over the trailing twelve months, compared with the twelve months before.

Is HCM profitable?

Yes. HUTCHMED (China) Limited (HCM) earned $17.9M in net income over the trailing twelve months (a 3.3% net margin).

Dividend & Returns
What is HCM's return on equity?

HUTCHMED (China) Limited (HCM) had a return on equity (ROE) of 1.4% over the trailing twelve months. That is below the market's typical 10-15%.

What is HUTCHMED (China) Limited's free cash flow?

HUTCHMED (China) Limited (HCM) generated $9.9M in free cash flow over the trailing twelve months.

What if you invested $1,000 in HCM back in 2005?

Total return calculator · dividends reinvested · 21+ years of data

See returns →