Innate Pharma S.A.

DB:IDD Stock Report

Market Cap: €153.9m

Innate Pharma Valuation

Is IDD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of IDD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: IDD (€1.77) is trading above our estimate of future cash flow value (€0.8)

Significantly Below Future Cash Flow Value: IDD is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IDD?

Key metric: As IDD is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for IDD. This is calculated by dividing IDD's market cap by their current revenue.
What is IDD's PS Ratio?
PS Ratio17.1x
Sales€9.01m
Market Cap€153.88m

Price to Sales Ratio vs Peers

How does IDD's PS Ratio compare to its peers?

The above table shows the PS ratio for IDD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average24.8x
HPHA Heidelberg Pharma
49.2x85.93%€130.5m
LQ0 Dextech Medical
41xn/a€184.9m
7V0 Darwin
1.1x25.83%€74.4m
FYB Formycon
8x36.63%€354.3m
IDD Innate Pharma
17.1x46.02%€153.9m

Price-To-Sales vs Peers: IDD is good value based on its Price-To-Sales Ratio (17.1x) compared to the peer average (24.8x).


Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Sales Ratio vs Industry

How does IDD's PS Ratio compare vs other companies in the DE Biotechs Industry?

14 CompaniesPrice / SalesEstimated GrowthMarket Cap
BIO0 Biotest GmbH KGaA
2xn/aUS$1.71b
BIO3 Biotest
1.8xn/aUS$1.63b
7V0 Darwin
1.1x25.83%US$86.35m
2INV 2invest
2.2xn/aUS$72.38m
IDD 17.1xIndustry Avg. 8.3xNo. of Companies14PS01224364860+
14 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: IDD is expensive based on its Price-To-Sales Ratio (17.1x) compared to the European Biotechs industry average (8.6x).


Price to Sales Ratio vs Fair Ratio

What is IDD'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.

IDD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio17.1x
Fair PS Ratio0.008x

Price-To-Sales vs Fair Ratio: IDD is expensive based on its Price-To-Sales Ratio (17.1x) compared to the estimated Fair Price-To-Sales Ratio (0x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IDD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€1.77
€5.35
+202.94%
15.89%€6.20€4.50n/a2
May ’27€1.18
€5.35
+352.62%
15.89%€6.20€4.50n/a2
Apr ’27€1.09
€5.35
+390.83%
15.89%€6.20€4.50n/a2
Feb ’27€1.53
€6.15
+300.91%
0.81%€6.20€6.10n/a2
Jan ’27€1.52
€4.90
+222.57%
36.21%€6.20€2.39n/a3
Dec ’26€1.71
€4.90
+186.02%
36.21%€6.20€2.39n/a3
Nov ’26€1.71
€4.84
+183.90%
38.16%€6.20€2.23n/a3
Oct ’26€1.69
€4.93
+191.72%
35.01%€6.20€2.49n/a3
Sep ’26€1.81
€4.35
+139.79%
42.69%€6.20€2.49n/a2
Aug ’26€1.84
€4.35
+135.88%
42.69%€6.20€2.49n/a2
Jul ’26€1.51
€4.80
+218.50%
34.27%€6.20€2.49n/a3
Jun ’26€1.95
€5.70
+191.88%
37.07%€8.40€2.49n/a4
May ’26€1.84
€6.15
+233.66%
34.54%€8.40€2.43€1.185
Apr ’26€1.79
€6.14
+243.51%
34.67%€8.40€2.41€1.095
Mar ’26€2.04
€6.14
+201.08%
34.67%€8.40€2.41€1.485
Feb ’26€1.72
€6.14
+257.51%
34.67%€8.40€2.41€1.535
Jan ’26€1.94
€6.14
+216.60%
34.67%€8.40€2.41€1.525
Dec ’25€1.42
€6.14
+332.54%
34.67%€8.40€2.41€1.715
Nov ’25€1.67
€6.11
+266.31%
35.78%€8.40€2.25€1.715
Oct ’25€1.97
€6.21
+215.04%
39.17%€8.40€2.25€1.694
Sep ’25€2.07
€6.28
+203.14%
37.16%€8.40€2.50€1.814
Aug ’25€2.01
€6.28
+212.19%
37.16%€8.40€2.50€1.844
Jul ’25€1.84
€6.48
+251.52%
36.31%€8.40€2.50€1.514
Jun ’25€2.54
€6.32
+148.82%
33.63%€8.40€2.50€1.955
May ’25€2.20
€6.27
+185.65%
35.34%€8.40€2.25€1.845
€5.76
Fair Value
69.3% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 05:00
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Innate Pharma S.A. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Justin ZelinBTIG
Suranjit MukherjeeBTIG
Yigal NochomovitzCitigroup Inc