Company Valuation: Vertex Pharmaceuticals Incorporated

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 55,834 74,127 1,04,849 1,03,707 1,15,026 1,30,672 - -
Change - 32.76% 41.44% -1.09% 10.91% 13.6% - -
Enterprise Value (EV) 1 48,309 63,349 93,630 97,591 1,08,418 1,16,431 1,12,234 1,06,273
Change - 31.13% 47.8% 4.23% 11.09% 7.39% -3.6% -5.31%
P/E 24.4x 22.5x 29.3x -194x 29.6x 30.4x 24.9x 20.7x
PBR 5.53x 5.33x 5.96x 6.4x 6.17x 5.7x 4.74x 3.92x
PEG - 0.5x 3.51x 2x -0x 2.8x 1.1x 1x
Capitalization / Revenue 7.37x 8.3x 10.6x 9.41x 9.58x 9.91x 8.96x 7.99x
EV / Revenue 6.38x 7.09x 9.49x 8.86x 9.03x 8.83x 7.7x 6.5x
EV / EBITDA 10.8x 12.8x 20.6x 108x 19.8x 20x 16.7x 13.7x
EV / EBIT 11.1x 13.2x 21.4x 140x 20.6x 20.8x 17.3x 13.8x
EV / FCF 20.1x 16.1x 28.1x -123x 33.9x 26.2x 19.9x 14.3x
FCF Yield 4.99% 6.2% 3.56% -0.81% 2.95% 3.82% 5.03% 7.01%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.01 12.82 13.89 -2.08 15.32 16.96 20.68 24.93
Distribution rate - - - - - - - -
Net sales 1 7,574 8,931 9,869 11,020 12,001 13,190 14,584 16,361
EBITDA 1 4,470 4,941 4,556 902.8 5,473 5,831 6,737 7,772
EBIT 1 4,344 4,793 4,375 695.6 5,263 5,590 6,500 7,686
Net income 1 2,342 3,322 3,620 -535.6 3,953 4,305 5,218 6,371
Net Debt 1 -7,525 -10,778 -11,218 -6,116 -6,608 -14,241 -18,437 -24,399
Reference price 2 219.60 288.78 406.89 402.70 453.36 515.55 515.55 515.55
Nbr of stocks (in thousands) 2,54,252 2,56,691 2,57,683 2,57,529 2,53,719 2,53,461 - -
Announcement Date 26/01/22 07/02/23 05/02/24 10/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.4x8.83x19.97x-.--% 13TCr
33.85x12.21x24.91x0.58% 1,05500Cr
29.18x - - 2.05% 63TCr
31.95x7.44x15.46x2.74% 44TCr
19.84x4.71x11.68x2.81% 35TCr
21.63x5.59x13.89x2.87% 29TCr
20.07x4.15x11.78x2.12% 24TCr
26.53x6.9x12.24x2.4% 23TCr
13.3x4.74x9.93x3.86% 20TCr
-42.45x6.16x24.05x2.37% 17TCr
Average 18.43x 6.75x 15.99x 2.18% 37.43TCr
Weighted average by Cap. 24.51x 8.09x 17.88x 1.92%

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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