argenx Valuation
Is 1AEA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of 1AEA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1AEA (€560) is trading below our estimate of fair value (€900.74)
Significantly Below Fair Value: 1AEA is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1AEA?
Key metric: As 1AEA is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 1AEA's PS Ratio? | |
|---|---|
| PS Ratio | 19.2x |
| Sales | US$1.91b |
| Market Cap | US$36.62b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 17.7x |
| Enterprise Value/EBITDA | -224.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 1AEA's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 6.6x | ||
BIO3 Biotest | 1.5x | 3.6% | €1.4b |
FYB Formycon | 13.6x | 33.4% | €827.2m |
2INV 2invest | 8.2x | n/a | €63.8m |
MRK Merck KGaA | 2.9x | 4.1% | €61.6b |
1AEA argenx | 19.2x | 25.1% | €35.2b |
Price-To-Sales vs Peers: 1AEA is expensive based on its Price-To-Sales Ratio (19.2x) compared to the peer average (6.6x).
Price to Sales Ratio vs Industry
How does 1AEA's PS Ratio compare vs other companies in the DE Biotechs Industry?
Price-To-Sales vs Industry: 1AEA is expensive based on its Price-To-Sales Ratio (19.2x) compared to the European Biotechs industry average (8.1x).
Price to Sales Ratio vs Fair Ratio
What is 1AEA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 19.2x |
| Fair PS Ratio | 9.1x |
Price-To-Sales vs Fair Ratio: 1AEA is expensive based on its Price-To-Sales Ratio (19.2x) compared to the estimated Fair Price-To-Sales Ratio (9.1x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
Fortrea Holdings
US$1.8b
A contract research organization, primarily engages in the provision of biopharmaceutical product and medical device development services worldwide.
K67
US$18.40
7D
2.8%
1Y
-38.7%
Amneal Pharmaceuticals
US$2.6b
Develops, manufactures, markets, and distributes generics, injectables, biosimilars, and specialty branded pharmaceutical products worldwide.
2DT
US$7.70
7D
1.3%
1Y
89.7%
Collegium Pharmaceutical
US$966.2m
A specialty pharmaceutical company, engages in the development and commercialization of medicines for pain management.
354
US$29.00
7D
3.6%
1Y
22.9%