Roche Holding AG

LSE:0QOK Stock Report

Market Cap: CHF 236.7b

Roche Holding Valuation

Is 0QOK 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0QOK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CHF 676.44
Fair Value
56.6% undervalued intrinsic discount
20
Number of Analysts

Below Fair Value: 0QOK (CHF293.43) is trading below our estimate of fair value (CHF676.44)

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

Key Valuation Metric

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

Key metric: As 0QOK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0QOK. This is calculated by dividing 0QOK's market cap by their current earnings.
What is 0QOK's PE Ratio?
PE Ratio28.3x
EarningsCHF 8.28b
Market CapCHF 236.72b

Price to Earnings Ratio vs Peers

How does 0QOK's PE Ratio compare to its peers?

The above table shows the PE ratio for 0QOK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.7x
AZN AstraZeneca
32.4x16.5%UK£181.5b
GSK GSK
22.8x18.3%UK£58.7b
HLN Haleon
29.3x11.0%UK£35.4b
HIK Hikma Pharmaceuticals
22.4x11.7%UK£5.1b
0QOK Roche Holding
28.3x14.6%CHF 236.7b

Price-To-Earnings vs Peers: 0QOK is expensive based on its Price-To-Earnings Ratio (28.3x) compared to the peer average (26.7x).

Price to Earnings Ratio vs Industry

How does 0QOK's PE Ratio compare vs other companies in the European Pharmaceuticals Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0QOK 28.3xIndustry Avg. 22.9xNo. of Companies10PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0QOK is expensive based on its Price-To-Earnings Ratio (28.3x) compared to the European Pharmaceuticals industry average (22.9x).

Price to Earnings Ratio vs Fair Ratio

What is 0QOK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0QOK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.3x
Fair PE Ratio43.3x

Price-To-Earnings vs Fair Ratio: 0QOK is good value based on its Price-To-Earnings Ratio (28.3x) compared to the estimated Fair Price-To-Earnings Ratio (43.3x).

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 0QOK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 293.43
CHF 309.12
+5.3%
15.5%CHF 448.00CHF 230.00n/a20
Feb ’26CHF 289.20
CHF 305.60
+5.7%
15.7%CHF 438.00CHF 230.00n/a19
Jan ’26CHF 255.50
CHF 303.36
+18.7%
16.6%CHF 440.00CHF 230.00n/a18
Dec ’25CHF 253.47
CHF 302.25
+19.2%
16.9%CHF 440.00CHF 220.00n/a18
Nov ’25CHF 271.70
CHF 303.76
+11.8%
17.0%CHF 438.00CHF 220.00n/a17
Oct ’25CHF 269.92
CHF 302.00
+11.9%
17.3%CHF 440.00CHF 220.00n/a18
Sep ’25CHF 286.28
CHF 295.63
+3.3%
17.1%CHF 440.00CHF 220.00n/a19
Aug ’25CHF 285.80
CHF 287.74
+0.7%
17.1%CHF 440.00CHF 220.00n/a19
Jul ’25CHF 249.63
CHF 278.58
+11.6%
20.4%CHF 428.00CHF 210.00n/a19
Jun ’25CHF 231.00
CHF 277.53
+20.1%
20.5%CHF 428.00CHF 210.00n/a19
May ’25CHF 220.60
CHF 279.83
+26.9%
20.6%CHF 428.00CHF 210.00n/a18
Apr ’25CHF 229.73
CHF 281.28
+22.4%
19.9%CHF 424.00CHF 210.00n/a18
Mar ’25CHF 234.40
CHF 282.94
+20.7%
19.3%CHF 424.00CHF 210.00n/a18
Feb ’25CHF 237.02
CHF 298.00
+25.7%
19.5%CHF 450.00CHF 225.00CHF 289.2018
Jan ’25CHF 244.50
CHF 307.11
+25.6%
19.6%CHF 472.00CHF 225.00CHF 255.5019
Dec ’24CHF 239.35
CHF 307.83
+28.6%
18.7%CHF 472.00CHF 225.00CHF 253.4718
Nov ’24CHF 235.90
CHF 307.83
+30.5%
18.7%CHF 472.00CHF 225.00CHF 271.7018
Oct ’24CHF 250.57
CHF 313.44
+25.1%
17.2%CHF 478.00CHF 250.00CHF 269.9218
Sep ’24CHF 259.45
CHF 321.12
+23.8%
16.6%CHF 477.27CHF 250.00CHF 286.2819
Aug ’24CHF 270.07
CHF 326.77
+21.0%
16.1%CHF 477.48CHF 250.00CHF 285.8020
Jul ’24CHF 274.35
CHF 328.02
+19.6%
16.0%CHF 456.47CHF 250.00CHF 249.6319
Jun ’24CHF 289.39
CHF 333.63
+15.3%
15.9%CHF 456.47CHF 250.00CHF 231.0021
May ’24CHF 277.98
CHF 335.49
+20.7%
15.3%CHF 450.00CHF 250.00CHF 220.6022
Apr ’24CHF 260.99
CHF 344.08
+31.8%
15.3%CHF 450.00CHF 250.00CHF 229.7323
Mar ’24CHF 272.38
CHF 349.87
+28.5%
13.9%CHF 450.00CHF 250.00CHF 234.4024
Feb ’24CHF 281.24
CHF 354.91
+26.2%
13.3%CHF 465.00CHF 265.00CHF 237.0224
Analyst Price Target
Consensus Narrative from 20 Analysts
CHF 307.79
Fair Value
4.7% undervalued intrinsic discount
20
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 01:58
End of Day Share Price 2025/02/19 00:00
Earnings2024/12/31
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

Roche Holding AG is covered by 57 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kamla SinghAlphaValue
John StaszakArgus Research Company
Gerhard SchwarzBaader Helvea Equity Research