LCTX (Lineage Cell Therapeutics) Enterprise Value: $266.94 Mil (As of Jun. 28, 2026) ***


LCTX Lineage Cell Therapeutics Inc LCTX
78 GF Score
Price $1.28
GF Value $1.33
Valuation Fairly Valued
! 4 Warning Signs
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What is Lineage Cell Therapeutics Enterprise Value?

Lineage Cell Therapeutics LCTX +4.92% 78 Enterprise Value is $266.94 Mil as of Jun. 28, 2026. GuruFocus rates LCTX with a GF Score™ of 78/100 and a GF Value™ of $1.33 (Fairly Valued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lineage Cell Therapeutics's Enterprise Value is $266.94 Mil. Lineage Cell Therapeutics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-22.87 Mil. Therefore, Lineage Cell Therapeutics's EV-to-EBIT ratio for today is -11.67.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Lineage Cell Therapeutics's Enterprise Value is $266.94 Mil. Lineage Cell Therapeutics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-22.14 Mil. Therefore, Lineage Cell Therapeutics's EV-to-EBITDA ratio for today is -12.05.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Lineage Cell Therapeutics's Enterprise Value is $266.94 Mil. Lineage Cell Therapeutics's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $14.78 Mil. Therefore, Lineage Cell Therapeutics's EV-to-Revenue ratio for today is 18.06.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Lineage Cell Therapeutics's Enterprise Value is $266.94 Mil. Lineage Cell Therapeutics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-22.11 Mil. Therefore, Lineage Cell Therapeutics's EV-to-OCF ratio for today is -12.07.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Lineage Cell Therapeutics's Enterprise Value is $266.94 Mil. Lineage Cell Therapeutics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-22.59 Mil. Therefore, Lineage Cell Therapeutics's EV-to-FCF ratio for today is -11.82.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Lineage Cell Therapeutics  (AMEX:LCTX) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Lineage Cell Therapeutics's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=266.935/-22.867
=-11.67

Lineage Cell Therapeutics's current Enterprise Value is $266.94 Mil.
Lineage Cell Therapeutics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.87 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Lineage Cell Therapeutics's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=266.935/-22.144
=-12.05

Lineage Cell Therapeutics's current Enterprise Value is $266.94 Mil.
Lineage Cell Therapeutics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.14 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Lineage Cell Therapeutics's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=266.935/14.779
=18.06

Lineage Cell Therapeutics's current Enterprise Value is $266.94 Mil.
Lineage Cell Therapeutics's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.78 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Lineage Cell Therapeutics's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=266.935/-22.111
=-12.07

Lineage Cell Therapeutics's current Enterprise Value is $266.94 Mil.
Lineage Cell Therapeutics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.11 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Lineage Cell Therapeutics's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=266.935/-22.591
=-11.82

Lineage Cell Therapeutics's current Enterprise Value is $266.94 Mil.
Lineage Cell Therapeutics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-22.59 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lineage Cell Therapeutics Enterprise Value Related Terms


Lineage Cell Therapeutics Enterprise Value Historical Data

* Premium members only.

The historical data trend for Lineage Cell Therapeutics's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lineage Cell Therapeutics Enterprise Value Chart

Lineage Cell Therapeutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.34 143.63 156.80 64.10 351.45

Lineage Cell Therapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.09 165.80 350.15 351.45 341.72

LCTX vs FATE, ABEO, RCKT: Enterprise Value Comparison

For the Biotechnology subindustry, Lineage Cell Therapeutics's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lineage Cell Therapeutics Enterprise Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lineage Cell Therapeutics's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Lineage Cell Therapeutics's Enterprise Value falls into.


LCTX
78GF Score
Lineage Cell Therapeutics Inc LCTX
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Lineage Cell Therapeutics Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Lineage Cell Therapeutics's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Lineage Cell Therapeutics's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $266.94 Mil mean?
Lineage Cell Therapeutics (LCTX) has a Enterprise Value of $266.94 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Lineage Cell Therapeutics and its competitors.
Is Lineage Cell Therapeutics' Enterprise Value too high?
Lineage Cell Therapeutics' current Enterprise Value is $266.94 Mil. Overall, Lineage Cell Therapeutics has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lineage Cell Therapeutics' Enterprise Value compare to FATE and ABEO?
Lineage Cell Therapeutics' Enterprise Value of $266.94 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Biotechnology company?
A good Enterprise Value depends on the Biotechnology industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Lineage Cell Therapeutics and its competitors. Lineage Cell Therapeutics's current Enterprise Value is $266.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lineage Cell Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Lineage Cell Therapeutics (LCTX) is currently considered Fairly Valued. The stock's GF Value™ is $1.33, compared to a current price of $1.28 — trading 3.8% below its estimated fair value. The current Enterprise Value is $266.94 Mil. Lineage Cell Therapeutics' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Lineage Cell Therapeutics (LCTX), the current Enterprise Value is $266.94 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lineage Cell Therapeutics (LCTX) Overvalued in 2026?

Based on GuruFocus' analysis, Lineage Cell Therapeutics stock appears to be undervalued. The current stock price of $1.28 is trading 3.8% below its estimated GF Value™ of $1.33. GuruFocus considers Lineage Cell Therapeutics to be Fairly Valued.

Key valuation signals for LCTX:

  • Enterprise Value: $266.94 Mil
  • GF Value™: $1.33 vs. price of $1.28 (3.8% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the LCTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lineage Cell Therapeutics Business Description

Other Exchanges LCTX:IsraelBT3:Germany
Address 2173 Salk Avenue, Suite 200, Carlsbad, CA, USA, 92008
Lineage Cell Therapeutics Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel therapies for the treatment of degenerative diseases. The company's pipeline currently includes: OpRegen, OPC1, ReSonance, ILT1, RND1, PNC1, and LCT-CON. Its programs are based on its proprietary, in-house, cell-based manufacturing platform, which it call AlloSCOPE (Allogeneic, Scalable, Consistent, Off-the-shelf, Pluripotent Cell Engineering), and supported by its associated development, formulation, manufacturing, and delivery capabilities. The AlloSCOPE platform is a proprietary differentiation and production modality from which, a single, well-characterized pluripotent cell line can create a stable current Good Manufacturing Practice, master cell bank.
78GF Score

Get the complete analysis for LCTX

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.28
Price
$1.33
GF Value