Insmed Incorporated

LSE:0JAV Stock Report

Market Cap: US$12.0b

Insmed Valuation

Is 0JAV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 0JAV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$515.98
Fair Value
87.3% undervalued intrinsic discount
18
Number of Analysts

Below Fair Value: 0JAV ($65.58) is trading below our estimate of fair value ($515.98)

Significantly Below Fair Value: 0JAV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0JAV?

Key metric: As 0JAV is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0JAV. This is calculated by dividing 0JAV's market cap by their current revenue.
What is 0JAV's PS Ratio?
PS Ratio31.6x
SalesUS$381.03m
Market CapUS$12.02b

Price to Sales Ratio vs Peers

How does 0JAV's PS Ratio compare to its peers?

The above table shows the PS ratio for 0JAV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average5.1x
GNS Genus
2x3.85%UK£1.4b
OXB Oxford Biomedica
2.5x16.66%UK£322.8m
BVXP Bioventix
11xn/aUK£148.9m
AVCT Avacta Group
4.9x-61.83%UK£116.0m
0JAV Insmed
31.6x42.49%US$12.0b

Price-To-Sales vs Peers: 0JAV is expensive based on its Price-To-Sales Ratio (31.6x) compared to the peer average (5.1x).

Price to Sales Ratio vs Industry

How does 0JAV's PS Ratio compare vs other companies in the GB Biotechs Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
GNS Genus
2x3.85%US$1.83b
OXB Oxford Biomedica
2.5x16.66%US$432.45m
TRX Tissue Regenix Group
1xn/aUS$30.54m
AREC Arecor Therapeutics
3.1x-10.82%US$21.25m
0JAV 31.6xIndustry Avg. 7.3xNo. of Companies8PS01632486480+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0JAV is expensive based on its Price-To-Sales Ratio (31.6x) compared to the European Biotechs industry average (7.3x).

Price to Sales Ratio vs Fair Ratio

What is 0JAV'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.

0JAV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio31.6x
Fair PS Ratio29x

Price-To-Sales vs Fair Ratio: 0JAV is expensive based on its Price-To-Sales Ratio (31.6x) compared to the estimated Fair Price-To-Sales Ratio (29x).

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 0JAV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$65.72
US$96.78
+47.27%
7.72%US$109.00US$80.00n/a18
May ’26US$72.45
US$97.12
+34.06%
6.69%US$110.00US$89.00n/a17
Apr ’26US$74.89
US$95.78
+27.89%
9.99%US$110.00US$67.26n/a17
Mar ’26US$79.96
US$95.37
+19.27%
9.62%US$108.00US$67.26n/a17
Feb ’26US$78.37
US$88.14
+12.47%
10.38%US$105.00US$67.26n/a16
Jan ’26US$68.62
US$88.25
+28.61%
10.07%US$105.00US$67.26n/a17
Dec ’25US$75.52
US$89.40
+18.38%
8.05%US$105.00US$75.00n/a17
Nov ’25US$68.23
US$89.10
+30.59%
8.95%US$105.00US$74.00n/a17
Oct ’25US$72.50
US$87.50
+20.69%
8.51%US$103.00US$72.00n/a16
Sep ’25US$75.24
US$87.50
+16.29%
8.51%US$103.00US$72.00n/a16
Aug ’25US$74.78
US$83.75
+12.00%
9.70%US$102.00US$72.00n/a16
Jul ’25US$66.06
US$76.00
+15.04%
10.25%US$90.00US$60.00n/a16
Jun ’25US$54.38
US$62.38
+14.69%
17.74%US$77.00US$36.00n/a16
May ’25US$25.48
US$44.13
+73.18%
14.64%US$55.00US$35.00US$72.4516
Apr ’25US$27.23
US$43.67
+60.36%
15.46%US$55.00US$35.00US$74.8915
Mar ’25US$28.30
US$43.40
+53.36%
14.76%US$55.00US$35.00US$79.9615
Feb ’25US$28.18
US$42.54
+50.95%
16.64%US$55.00US$35.00US$78.3713
Jan ’25US$31.06
US$42.38
+36.46%
17.03%US$55.00US$35.00US$68.6213
Dec ’24US$26.02
US$41.42
+59.17%
15.63%US$52.00US$35.00US$75.5212
Nov ’24US$25.11
US$42.92
+70.94%
16.54%US$54.00US$35.00US$68.2312
Oct ’24US$25.62
US$42.58
+66.20%
17.51%US$54.00US$33.00US$72.5012
Sep ’24US$21.49
US$40.77
+89.76%
18.28%US$52.00US$30.00US$75.2413
Aug ’24US$21.69
US$40.38
+86.19%
19.32%US$52.00US$30.00US$74.7813
Jul ’24US$20.96
US$39.42
+88.06%
19.83%US$52.00US$28.00US$66.0612
Jun ’24US$18.59
US$39.15
+110.60%
19.32%US$52.00US$28.00US$54.3813
May ’24US$19.61
US$39.54
+101.62%
18.39%US$52.00US$28.00US$25.4813
AnalystConsensusTarget
Consensus Narrative from 18 Analysts
US$96.14
Fair Value
31.8% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/22 22:01
End of Day Share Price 2025/05/22 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

Insmed Incorporated is covered by 34 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Neena Bitritto-GargBaird
Anita DushyanthBerenberg
Jason ZemanskyBofA Global Research