Broncus (堃博医疗) IPO Trading: Chilled for a Reason but Mind the Share Concentration
We look at the updates since our last note for Broncus IPO. We re-iterate our view that the company is fairly valued at the top end and will stay...
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ECM Weekly (19th September 2021) - PHC, StarHealth, TDCX, Biel Crystal, DRCBank, Transcenta, Broncus
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
638 Views
Broncus IPO Valuation: Overly Ambitious
Our reverse DCF suggests that the revenues need to grow at a CAGR of 86.3% in order to justify the implied IPO valuation of HK$7.68bn which seems...
529 Views
Broncus (堃博医疗) IPO: Long Term Faith Needed
We provide an update for the book building of Broncus. The company has an interesting product portfolio but the sales ramp-up will be slow.
451 Views
Broncus (堃博医疗) Pre-IPO: Thoughts on Valuation
We provide key assumptions for the forecast of Broncus' financials and pre-money valuation. The company is fairly valued based on forward EV/Sales...
483 Views