Merck KGaA's (ETR:MRK) Intrinsic Value Is Potentially 48% Above Its Share Price
May 22
German (DAX) Pharma Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies11
- 7D2.3%
- 3M4.7%
- 1Y-20.4%
- YTD3.9%
In the last week, the Pharma industry is up 2.3%, with Merck KGaA up 4.7%. In the past year, the industry is down 20%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the German Pharma Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 May 2024 | €102.4b | €69.2b | -€318,587,180.00 | 21.6x | -321.3x | 1.5x |
| Fri, 19 Apr 2024 | €91.9b | €70.0b | -€34,208,180.00 | 20.1x | -2685.9x | 1.3x |
| Sun, 17 Mar 2024 | €96.5b | €70.0b | €6.5m | 19.8x | 14855.7x | 1.4x |
| Tue, 13 Feb 2024 | €96.7b | €70.6b | -€650,504,143.00 | 20.1x | -148.6x | 1.4x |
| Thu, 11 Jan 2024 | €99.0b | €70.6b | -€650,504,143.00 | 20.1x | -152.2x | 1.4x |
| Sat, 09 Dec 2023 | €95.8b | €70.6b | -€650,606,256.00 | 18.2x | -147.2x | 1.4x |
| Mon, 06 Nov 2023 | €107.5b | €72.1b | €4.7b | 17.6x | 23x | 1.5x |
| Wed, 04 Oct 2023 | €113.9b | €72.1b | €4.7b | 19.8x | 24.4x | 1.6x |
| Fri, 01 Sep 2023 | €124.8b | €72.1b | €4.6b | 22x | 26.9x | 1.7x |
| Sun, 30 Jul 2023 | €124.2b | €74.1b | €6.5b | 17.3x | 19.3x | 1.7x |
| Tue, 27 Jun 2023 | €118.6b | €74.2b | €6.4b | 18.3x | 18.4x | 1.6x |
| Thu, 25 May 2023 | €127.4b | €74.0b | €6.4b | 22x | 20x | 1.7x |
| Sat, 22 Apr 2023 | €134.9b | €74.2b | €7.6b | 20x | 17.7x | 1.8x |
| Mon, 20 Mar 2023 | €129.0b | €74.2b | €7.7b | 17.3x | 16.8x | 1.7x |
| Wed, 15 Feb 2023 | €143.8b | €72.8b | €8.4b | 15.4x | 17.2x | 2x |
| Fri, 13 Jan 2023 | €143.5b | €72.8b | €8.4b | 16.4x | 17.2x | 2x |
| Sun, 11 Dec 2022 | €133.0b | €72.8b | €8.4b | 15.7x | 15.9x | 1.8x |
| Tue, 08 Nov 2022 | €127.3b | €70.5b | €7.8b | 13x | 16.4x | 1.8x |
| Thu, 06 Oct 2022 | €125.6b | €70.5b | €7.8b | 13.4x | 16.2x | 1.8x |
| Sat, 03 Sep 2022 | €130.2b | €70.5b | €7.8b | 17.2x | 16.7x | 1.8x |
| Mon, 01 Aug 2022 | €140.3b | €67.8b | €5.6b | 25.3x | 25x | 2.1x |
| Wed, 29 Jun 2022 | €133.5b | €67.8b | €5.6b | 22.3x | 23.8x | 2x |
| Fri, 27 May 2022 | €142.5b | €67.8b | €5.6b | 24.1x | 25.4x | 2.1x |
| Sun, 24 Apr 2022 | €145.2b | €64.9b | €4.3b | 29.9x | 34.1x | 2.2x |
| Tue, 22 Mar 2022 | €142.6b | €64.8b | €4.2b | 29x | 33.9x | 2.2x |
| Thu, 17 Feb 2022 | €136.1b | €63.1b | €3.1b | 31x | 44.4x | 2.2x |
| Sat, 15 Jan 2022 | €139.3b | €63.1b | €3.1b | 33.6x | 45.5x | 2.2x |
| Mon, 13 Dec 2021 | €148.4b | €63.1b | €3.1b | 35.6x | 48.4x | 2.4x |
| Wed, 10 Nov 2021 | €141.9b | €61.2b | -€4,717,516,252.00 | 35.8x | -30.1x | 2.3x |
| Fri, 08 Oct 2021 | €132.8b | €61.2b | -€4,717,516,252.00 | 35.7x | -28.2x | 2.2x |
| Sun, 05 Sep 2021 | €141.1b | €61.2b | -€4,716,670,252.00 | 33.6x | -29.9x | 2.3x |
| Tue, 03 Aug 2021 | €129.5b | €61.2b | -€4,716,670,252.00 | 30.1x | -27.5x | 2.1x |
Price to Earnings Ratio
-9.5x
Current Industry PE
- Investors are pessimistic on the German Pharmaceuticals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Pharmaceuticals industry have improved over the last three years.
- Revenues for these companies have grown 5.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the German Healthcare industry?
| DE Market | -0.87% | |
| Healthcare | -0.42% | |
| Pharma | 2.34% | |
| Pharma | 2.34% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MRK Merck KGaA | €165.70 | 4.7% +€3.2b | -0.4% | PE26.5x | |
| DMP Dermapharm Holding | €35.50 | 1.1% +€21.5m | -23.4% | PE33.8x | |
| 93M1 MPH Health Care | €25.80 | 4.9% +€5.1m | 58.8% | PE2.2x | |
| SBX SynBiotic | €9.42 | 7.5% +€3.1m | n/a | PS5.4x | |
| APPH Apontis Pharma | €9.10 | 3.4% +€2.5m | 7.8% | PS2.1x |
