Neogen Corp
NASDAQ:NEOG

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Neogen Corp
NASDAQ:NEOG
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Price: 12.98 USD 1.96% Market Closed
Market Cap: 2.8B USD
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Relative Value

The Relative Value of one NEOG stock under the Base Case scenario is 20.67 USD. Compared to the current market price of 12.98 USD, Neogen Corp is Undervalued by 37%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NEOG Relative Value
Base Case
20.67 USD
Undervaluation 37%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
33
Median 3Y
4.6
Median 5Y
5.7
Industry
2.3
Forward
2.9
vs History
vs Industry
0
Median 3Y
-111.8
Median 5Y
58.6
Industry
23
Forward
27.7
vs History
vs Industry
10
Median 3Y
38.7
Median 5Y
47
Industry
14.3
vs History
vs Industry
1
Median 3Y
-27.1
Median 5Y
52.1
Industry
20
vs History
84
vs Industry
59
Median 3Y
1.3
Median 5Y
3
Industry
2.2
vs History
77
vs Industry
26
Median 3Y
4.8
Median 5Y
6.5
Industry
2.4
Forward
3.7
vs History
79
vs Industry
24
Median 3Y
10
Median 5Y
13.5
Industry
5
vs History
73
vs Industry
14
Median 3Y
26.8
Median 5Y
33.9
Industry
12.9
Forward
15.8
vs History
3
vs Industry
5
Median 3Y
54.9
Median 5Y
54.8
Industry
17.4
Forward
56.3
vs History
vs Industry
8
Median 3Y
37.7
Median 5Y
43.2
Industry
14
vs History
vs Industry
2
Median 3Y
-52.2
Median 5Y
49
Industry
18.2
vs History
84
vs Industry
59
Median 3Y
1.1
Median 5Y
3.9
Industry
1.9

Multiples Across Competitors

NEOG Competitors Multiples
Neogen Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Neogen Corp
NASDAQ:NEOG
2.8B USD 3.1 -119.5 22.4 85.7
JP
Hoya Corp
TSE:7741
7T JPY 8.6 35.9 23.7 28.5
CH
Alcon AG
SIX:ALC
38.2B CHF 4.3 36.2 17.8 34.4
DK
Coloplast A/S
CSE:COLO B
177.1B DKK 6.6 35.1 22.6 26.6
US
Align Technology Inc
NASDAQ:ALGN
16.3B USD 4.1 36.8 18.6 22.4
KR
HLB Inc
KOSDAQ:028300
10.3T KRW 198.6 -55.5 -85.5 -80.6
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
51B CNY 11.5 27.6 23.9 23.9
US
Lantheus Holdings Inc
NASDAQ:LNTH
6.7B USD 4.5 15.8 10.9 12.4
CA
Bausch + Lomb Corp
NYSE:BLCO
6.3B USD 1.3 -17.1 16.6 55.6
UK
ConvaTec Group PLC
LSE:CTEC
4.6B GBP 2.6 37.1 264.5 462
US
Merit Medical Systems Inc
NASDAQ:MMSI
5.6B USD 4.2 46.5 23.2 38.1
P/E Multiple
Earnings Growth PEG
US
Neogen Corp
NASDAQ:NEOG
Average P/E: 33.9
Negative Multiple: -119.5
N/A N/A
JP
Hoya Corp
TSE:7741
35.9
15%
2.4
CH
Alcon AG
SIX:ALC
36.2
27%
1.3
DK
Coloplast A/S
CSE:COLO B
35.1
15%
2.3
US
Align Technology Inc
NASDAQ:ALGN
36.8
26%
1.4
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -55.5 N/A N/A
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
27.6
24%
1.1
US
Lantheus Holdings Inc
NASDAQ:LNTH
15.8
19%
0.8
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -17.1 N/A N/A
UK
ConvaTec Group PLC
LSE:CTEC
37.1
46%
0.8
US
Merit Medical Systems Inc
NASDAQ:MMSI
46.5
37%
1.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Neogen Corp
NASDAQ:NEOG
Average EV/EBITDA: 44.4
22.4
13%
1.7
JP
Hoya Corp
TSE:7741
23.7
15%
1.6
CH
Alcon AG
SIX:ALC
17.8
10%
1.8
DK
Coloplast A/S
CSE:COLO B
22.6
11%
2.1
US
Align Technology Inc
NASDAQ:ALGN
18.6
15%
1.2
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -85.5 N/A N/A
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23.9
27%
0.9
US
Lantheus Holdings Inc
NASDAQ:LNTH
10.9
11%
1
CA
Bausch + Lomb Corp
NYSE:BLCO
16.6
22%
0.8
UK
ConvaTec Group PLC
LSE:CTEC
264.5
12%
22
US
Merit Medical Systems Inc
NASDAQ:MMSI
23.2
22%
1.1