Is XE9 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6
Valuation Score 0/6
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 XE9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: XE9 (€22.6) is trading above our estimate of fair value (€17.44)
Significantly Below Fair Value: XE9 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for XE9?
Key metric: As XE9 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
The above table shows the Price to Sales ratio for XE9. This is calculated by dividing XE9's market cap by their current
revenue.
What is XE9's PS Ratio?
PS Ratio
19.8x
Sales
US$85.16m
Market Cap
US$1.69b
XE9 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Price-To-Sales vs Industry: XE9 is expensive based on its Price-To-Sales Ratio (19.8x) compared to the European Biotechs industry average (8.1x).
Price to Sales Ratio vs Fair Ratio
What is XE9'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.
XE9 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio
19.8x
Fair PS Ratio
1.2x
Price-To-Sales vs Fair Ratio: XE9 is expensive based on its Price-To-Sales Ratio (19.8x) compared to the estimated Fair Price-To-Sales Ratio (1.2x).
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 XE9 forecast and predictions for the stock price in 12 month’s time.
Date
Share Price
Average 1Y Price Target
Dispersion
High
Low
1Y Actual price
Analysts
Current
€22.60
€31.44
+39.1%
15.5%
€38.22
€21.02
n/a
11
Dec ’25
€23.80
€30.25
+27.1%
20.2%
€38.41
€19.21
n/a
10
Nov ’25
€19.00
€30.26
+59.3%
24.5%
€45.73
€18.29
n/a
11
Oct ’25
€17.60
€29.36
+66.8%
24.2%
€44.74
€17.89
n/a
11
Sep ’25
€15.30
€29.26
+91.3%
23.9%
€44.83
€18.83
n/a
11
Aug ’25
€18.60
€31.01
+66.7%
22.6%
€46.18
€19.39
n/a
12
Jul ’25
€17.70
€31.50
+78.0%
21.9%
€46.55
€19.55
n/a
12
Jun ’25
€21.60
€33.07
+53.1%
26.5%
€53.40
€20.26
n/a
12
May ’25
€19.30
€33.72
+74.7%
26.5%
€54.58
€20.70
n/a
12
Apr ’25
€20.60
€34.45
+67.2%
29.5%
€53.52
€20.30
n/a
12
Mar ’25
€21.00
€34.45
+64.1%
29.5%
€53.52
€20.30
n/a
12
Feb ’25
€17.00
€34.25
+101.5%
23.3%
€51.59
€20.27
n/a
11
Jan ’25
€19.00
€34.78
+83.1%
26.4%
€53.75
€20.04
n/a
11
Dec ’24
€16.40
€37.17
+126.6%
26.5%
€55.22
€20.59
€23.80
14
Nov ’24
€16.40
€41.21
+151.3%
20.5%
€55.81
€25.54
€19.00
14
Oct ’24
€19.00
€41.21
+116.9%
20.5%
€55.81
€25.54
€17.60
14
Sep ’24
€20.00
€40.42
+102.1%
19.8%
€54.03
€24.72
€15.30
14
Aug ’24
€21.60
€39.36
+82.2%
20.2%
€53.04
€24.27
€18.60
14
Jul ’24
€22.80
€41.26
+80.9%
19.4%
€55.05
€25.19
€17.70
14
Jun ’24
€25.20
€41.26
+63.7%
19.4%
€55.05
€25.19
€21.60
14
May ’24
€24.00
€41.03
+71.0%
18.5%
€53.54
€24.50
€19.30
14
Apr ’24
€24.80
€43.41
+75.1%
18.3%
€55.93
€25.59
€20.60
15
Mar ’24
€30.00
€43.41
+44.7%
18.3%
€55.93
€25.59
€21.00
15
Feb ’24
€29.80
€41.98
+40.9%
19.8%
€54.39
€24.89
€17.00
15
Jan ’24
€23.80
€43.79
+84.0%
19.3%
€55.57
€28.25
€19.00
14
Dec ’23
€28.40
€46.37
+63.3%
19.2%
€58.57
€29.78
€16.40
14
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
Data
Last Updated (UTC time)
Company Analysis
2024/12/23 10:46
End of Day Share Price
2024/12/20 00:00
Earnings
2024/09/30
Annual Earnings
2023/12/31
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.
* 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
Xencor, Inc. is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.