ENXTPA:IPN

Stock Analysis Report

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Executive Summary

Ipsen S.A. operates as a biopharmaceutical company worldwide. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Ipsen's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IPN is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IPN's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-4.3%

IPN

-0.5%

FR Pharmaceuticals

1.1%

FR Market


1 Year Return

-21.6%

IPN

-0.3%

FR Pharmaceuticals

-2.6%

FR Market

Return vs Industry: IPN underperformed the French Pharmaceuticals industry which returned -1.8% over the past year.

Return vs Market: IPN underperformed the French Market which returned -3% over the past year.


Shareholder returns

IPNIndustryMarket
7 Day-4.3%-0.5%1.1%
30 Day0.4%4.9%15.2%
90 Day-8.1%0.3%11.6%
1 Year-20.5%-21.6%3.1%-0.3%-0.6%-2.6%
3 Year-19.6%-22.0%22.2%9.0%16.8%7.1%
5 Year37.3%30.3%29.7%7.7%48.9%28.7%

Long-Term Price Volatility Vs. Market

How volatile is Ipsen's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ipsen undervalued compared to its fair value and its price relative to the market?

12.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IPN (€79.9) is trading below our estimate of fair value (€90.88)

Significantly Below Fair Value: IPN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: IPN is unprofitable, so we can't compare its PE Ratio to the XE Pharmaceuticals industry average.

PE vs Market: IPN is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IPN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IPN is overvalued based on its PB Ratio (3.6x) compared to the FR Pharmaceuticals industry average (3.3x).


Next Steps

Future Growth

How is Ipsen forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IPN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.6%).

Earnings vs Market: IPN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IPN's is expected to become profitable in the next 3 years.

Revenue vs Market: IPN's revenue (2.4% per year) is forecast to grow slower than the French market (7.3% per year).

High Growth Revenue: IPN's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IPN's Return on Equity is forecast to be high in 3 years time (21.5%)


Next Steps

Past Performance

How has Ipsen performed over the past 5 years?

-6.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IPN is currently unprofitable.

Growing Profit Margin: IPN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IPN is unprofitable, and losses have increased over the past 5 years at a rate of 6.2% per year.

Accelerating Growth: Unable to compare IPN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IPN is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (13.2%).


Return on Equity

High ROE: IPN has a negative Return on Equity (-2.67%), as it is currently unprofitable.


Next Steps

Financial Health

How is Ipsen's financial position?


Financial Position Analysis

Short Term Liabilities: IPN's short term assets (€1.4B) exceed its short term liabilities (€1.3B).

Long Term Liabilities: IPN's short term assets (€1.4B) exceed its long term liabilities (€1.0B).


Debt to Equity History and Analysis

Debt Level: IPN's debt to equity ratio (57.8%) is considered high.

Reducing Debt: IPN's debt to equity ratio has increased from 2% to 57.8% over the past 5 years.

Debt Coverage: IPN's debt is well covered by operating cash flow (67.7%).

Interest Coverage: IPN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Ipsen current dividend yield, its reliability and sustainability?

1.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IPN's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.41%).

High Dividend: IPN's dividend (1.25%) is low compared to the top 25% of dividend payers in the French market (4.66%).


Stability and Growth of Payments

Stable Dividend: IPN's dividends per share have been stable in the past 10 years.

Growing Dividend: IPN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: IPN is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: IPN's dividends in 3 years are forecast to be thoroughly covered by earnings (14.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

David Loew (53 yo)

0.33

Tenure

Mr. David Loew has been the Chief Executive Officer and Director of Ipsen S.A. since July 1, 2020. Mr. Loew served as an Executive Vice President of Sanofi Pasteur at Sanofi since July 6, 2017 until June 1...


Leadership Team

NamePositionTenureCompensationOwnership
David Loew
CEO & Director0.33yrno datano data
Aymeric Le Chatelier
Executive VP & Group CFO6yrsno datano data
Aidan Murphy
Executive Vice President of Technical Operations2.83yrsno datano data
Eugenia Litz
Vice President of Investor Relations4.42yrsno datano data
Francois Garnier
Executive VP & General Counsel5.92yrsno datano data
Christian Marcoux
Senior Vice-President of Global Communications1.92yrsno datano data
Regis Mulot
Executive VP & Chief Human Resources Officer2.67yrsno datano data
Stephan Gagne
Head of New Tokyo Office9.75yrsno datano data
Dominique Laymand
Executive VP of Ethics & Social Responsibility Chief Officer1.83yrsno datano data
Benoit Hennion
Executive VP & President of Consumer Healthcare3.67yrsno datano data
Dominique Bery
Executive Vice President of Strategy & Transformation3.58yrsno datano data
Richard Paulson
Chief Executive Officer of North America2.75yrsno datano data

3.2yrs

Average Tenure

53yo

Average Age

Experienced Management: IPN's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Loew
CEO & Director0.33yrno datano data
Marc M. de Garidel
Non-Executive Chairman10yrs€600.00kno data
Margaret Liu
Independent Director3.42yrs€120.00kno data
Paul Sekhri
Independent Director2.5yrs€100.56kno data
Michèle Ollier
Director5.5yrs€67.36kno data
Antoine Flochel
Vice Chairman12.42yrs€168.85kno data
Henri Beaufour
Director15.25yrs€33.04k16.35%
€ 1.1b
Anne Beaufour
Director15.25yrs€48.32k26.41%
€ 1.7b
Christian de la Tour
Chairman of Ipsen UK11.67yrsno datano data
Carol Xueref
Director8.42yrs€122.84kno data
Philippe Bonhomme
Director8.83yrs€121.30kno data
Carol Stuckley
Independent Director3.42yrs€135.00kno data

8.6yrs

Average Tenure

61yo

Average Age

Experienced Board: IPN's board of directors are considered experienced (8.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ipsen S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ipsen S.A.
  • Ticker: IPN
  • Exchange: ENXTPA
  • Founded: 1929
  • Industry: Pharmaceuticals
  • Sector: Pharmaceuticals & Biotech
  • Market Cap: €6.451b
  • Shares outstanding: 82.60m
  • Website: https://www.ipsen.com

Number of Employees


Location

  • Ipsen S.A.
  • 65, quai Georges Gorse
  • Cedex
  • Boulogne-Billancourt
  • Ile-de-France
  • 92650
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPNENXTPA (Euronext Paris)YesOrdinary SharesFREURDec 2005
I7GDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2005
0MH6LSE (London Stock Exchange)YesOrdinary SharesGBEURDec 2005
IPSE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2005
IPNPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURDec 2005
IPN NBMV (Bolsa Mexicana de Valores)YesOrdinary SharesMXMXNDec 2005
IPSE.YOTCPK (Pink Sheets LLC)SPON ADRUSUSDAug 2007

Biography

Ipsen S.A. operates as a biopharmaceutical company worldwide. It operates in two segments, Specialty Care and Consumer Healthcare. The company offers drugs in the areas of oncology, neuroscience, pituitary...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 19:47
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.