Company Valuation: Incyte Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 16,213 17,869 14,072 13,306 19,391 19,149 - -
Change - 10.21% -21.25% -5.44% 45.73% -1.25% - -
Enterprise Value (EV) 1 13,865 14,630 10,416 11,148 16,293 13,968 12,296 10,494
Change - 5.52% -28.81% 7.03% 46.15% -14.27% -11.96% -14.66%
P/E ratio 17.2x 52.8x 23.7x 460x 15.4x 15.5x 13.1x 12.2x
PBR 4.32x 4.09x 2.71x 3.88x 3.79x 2.87x 2.25x 1.82x
PEG - -0.8x 0.3x -4.9x 0x -4.9x 0.7x 1.66x
Capitalization / Revenue 5.43x 5.26x 3.81x 3.14x 3.77x 3.44x 3.1x 2.96x
EV / Revenue 4.64x 4.31x 2.82x 2.63x 3.17x 2.51x 1.99x 1.62x
EV / EBITDA 21.5x 24.5x 14.8x 22.2x 9.53x 7.89x 5.93x 5.23x
EV / EBIT 23.7x 25.2x 16.8x 26.9x 10.1x 7.52x 5.23x 4.01x
EV / FCF 24.4x 16.4x 22.4x 44.8x - 10.5x 8.38x 6.47x
FCF Yield 4.1% 6.1% 4.45% 2.23% - 9.49% 11.9% 15.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 4.27 1.52 2.65 0.15 6.41 6.207 7.326 7.863
Distribution rate - - - - - - - -
Net sales 1 2,986 3,395 3,696 4,241 5,141 5,574 6,183 6,463
EBITDA 1 643.6 597.7 703.2 503.1 1,709 1,769 2,073 2,007
EBIT 1 585.8 579.4 620.5 413.9 1,616 1,856 2,350 2,617
Net income 1 948.6 340.7 597.6 32.62 1,287 1,281 1,527 1,654
Net Debt 1 -2,348 -3,239 -3,656 -2,158 -3,098 -5,182 -6,853 -8,655
Reference price 2 73.40 80.32 62.79 69.07 98.77 96.22 96.22 96.22
Nbr of stocks (in thousands) 2,20,891 2,22,475 2,24,109 1,92,650 1,96,323 1,99,014 - -
Announcement Date 08/02/22 07/02/23 13/02/24 10/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.61x2.53x7.97x-.--% 1.93TCr
19.24x4.38x13.16x0.52% 7.69TCr
28.28x5.65x16.29x0.56% 5.81TCr
39.08x13.17x24.11x-.--% 5.06TCr
35.78x3.56x10.31x2.98% 4.73TCr
15.4x2.9x8.69x-.--% 2.69TCr
-7.54x8.52x-6.27x-.--% 2.16TCr
24.77x5.01x13.66x-.--% 1.58TCr
-39.34x17.73x-49.48x-.--% 1.49TCr
74.54x38.35x52.11x0.09% 1.35TCr
Average 20.58x 10.18x 9.05x 0.42% 3.45TCr
Weighted average by Cap. 23.65x 7.75x 11.89x 0.62%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  2. Equities
  3. INCY Stock
  4. Valuation Incyte Corporation