Oxford Biomedica plc

DB:OXOA Stock Report

Market Cap: €517.0m

Oxford Biomedica Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 OXOA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€17.82
Fair Value
73.4% undervalued intrinsic discount
8
Number of Analysts

Below Fair Value: OXOA (€4.74) is trading below our estimate of fair value (€17.82)

Significantly Below Fair Value: OXOA is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for OXOA. This is calculated by dividing OXOA's market cap by their current revenue.
What is OXOA's PS Ratio?
PS Ratio4.4x
SalesUK£97.28m
Market CapUK£432.23m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for OXOA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average8.7x
FYB Formycon
17.6x24.6%€1.1b
BIO3 Biotest
1.5x3.6%€1.3b
HPHA Heidelberg Pharma
13.4x16.6%€113.3m
MDG1 Medigene
2.1x16.4%€15.6m
OXOA Oxford Biomedica
4.4x21.2%€432.2m

Price-To-Sales vs Peers: OXOA is good value based on its Price-To-Sales Ratio (4.4x) compared to the peer average (8.7x).

Price to Sales Ratio vs Industry

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

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
CNW co.don
0.7xn/aUS$6.97m
V9Z Aceragen
0.4xn/aUS$3.12m
PA8 Paion
0.2x30.2%US$2.78m
V9Z Aceragen
0.3x-161.8%US$2.18m
OXOA 4.4xIndustry Avg. 8.1xNo. of Companies5PS0612182430+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: OXOA is good value based on its Price-To-Sales Ratio (4.4x) compared to the European Biotechs industry average (8.1x).

Price to Sales Ratio vs Fair Ratio

What is OXOA'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.

OXOA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.4x
Fair PS Ratio2.8x

Price-To-Sales vs Fair Ratio: OXOA is expensive based on its Price-To-Sales Ratio (4.4x) compared to the estimated Fair Price-To-Sales Ratio (2.8x).

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 OXOA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.74
€6.43
+35.7%
19.8%€8.92€4.58n/a8
Jan ’26€5.10
€6.43
+26.1%
19.8%€8.92€4.58n/a8
Dec ’25€5.05
€6.36
+26.0%
20.5%€8.91€4.58n/a8
Nov ’25€4.68
€6.20
+32.5%
23.3%€8.88€4.56n/a7
Oct ’25€4.52
€5.96
+31.9%
28.4%€8.89€3.66n/a7
Sep ’25€3.86
€5.53
+43.3%
34.7%€8.64€2.92n/a7
Aug ’25€4.26
€5.29
+24.1%
36.8%€8.71€2.94n/a8
Jul ’25€3.54
€5.29
+49.3%
36.8%€8.71€2.94n/a8
Jun ’25€3.72
€5.28
+41.8%
36.8%€8.70€2.94n/a8
May ’25€3.10
€4.90
+57.9%
45.6%€8.67€2.11n/a8
Apr ’25€2.22
€4.86
+118.9%
46.2%€8.66€2.11n/a8
Mar ’25€1.85
€4.94
+166.9%
41.7%€8.40€2.45n/a8
Feb ’25€1.95
€4.94
+153.2%
41.7%€8.40€2.45n/a8
Jan ’25€2.44
€4.94
+102.4%
41.7%€8.40€2.45€5.108
Dec ’24€1.94
€5.00
+157.9%
40.0%€8.33€3.07€5.057
Nov ’24€2.22
€8.22
+270.4%
93.4%€27.66€3.05€4.688
Oct ’24€3.38
€8.62
+155.1%
89.9%€27.60€3.05€4.528
Sep ’24€3.64
€10.68
+193.3%
62.9%€27.79€4.23€3.869
Aug ’24€5.10
€10.87
+113.1%
61.6%€28.04€4.26€4.269
Jul ’24€4.74
€10.78
+127.5%
61.6%€27.86€4.24€3.549
Jun ’24€5.20
€12.52
+140.8%
51.9%€27.59€6.04€3.727
May ’24€4.80
€13.09
+172.7%
52.2%€27.37€5.99€3.106
Apr ’24€4.80
€12.31
+156.6%
57.5%€27.75€4.16€2.227
Mar ’24€6.20
€12.31
+98.6%
57.5%€27.75€4.16€1.857
Feb ’24€4.62
€12.31
+166.6%
57.5%€27.75€4.16€1.957
Jan ’24€4.80
€12.31
+156.6%
57.5%€27.75€4.16€2.447
Analyst Price Target
Consensus Narrative from 8 Analysts
€6.20
Fair Value
23.5% undervalued intrinsic discount
8
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 09:34
End of Day Share Price 2025/01/08 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Oxford Biomedica plc is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rick BienkowskiCantor Fitzgerald & Co.
Susie JanaEdison Investment Research
Jens LindqvistInvestec Bank plc (UK)