Novocure Ltd
NASDAQ:NVCR

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Novocure Ltd
NASDAQ:NVCR
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Price: 16.49 USD -2.89% Market Closed
Market Cap: 1.8B USD

Relative Value

The Relative Value of one NVCR stock under the Base Case scenario is 25.16 USD. Compared to the current market price of 16.49 USD, Novocure Ltd is Undervalued by 34%.

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.

NVCR Relative Value
Base Case
25.16 USD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
34
Median 3Y
4.7
Median 5Y
14.7
Industry
2.2
Forward
2.9
vs History
vs Industry
Median 3Y
-15.8
Median 5Y
-13.6
Industry
21.9
Forward
-7.8
vs History
vs Industry
11
Median 3Y
-21.4
Median 5Y
124.3
Industry
13.5
vs History
22
vs Industry
1
Median 3Y
-13.8
Median 5Y
34
Industry
19.2
vs History
82
vs Industry
13
Median 3Y
7.4
Median 5Y
18.2
Industry
2.1
vs History
90
vs Industry
37
Median 3Y
3.9
Median 5Y
14.1
Industry
2.3
Forward
2.4
vs History
92
vs Industry
52
Median 3Y
5.3
Median 5Y
17.9
Industry
4.8
vs History
vs Industry
Median 3Y
-15
Median 5Y
-9.2
Industry
11.7
Forward
-18.3
vs History
vs Industry
Median 3Y
-14
Median 5Y
-9.8
Industry
15.9
Forward
-6.6
vs History
vs Industry
17
Median 3Y
-16.7
Median 5Y
121.6
Industry
13.3
vs History
vs Industry
6
Median 3Y
-13.9
Median 5Y
126.9
Industry
16.8
vs History
90
vs Industry
8
Median 3Y
14.8
Median 5Y
45
Industry
1.8

Multiples Across Competitors

NVCR Competitors Multiples
Novocure Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
JE
Novocure Ltd
NASDAQ:NVCR
1.8B USD 3 -10.6 -9.4 -8.8
US
Abbott Laboratories
NYSE:ABT
215.5B USD 5.1 16.1 21.6 31.5
US
Intuitive Surgical Inc
NASDAQ:ISRG
160.8B USD 19.3 69.3 53.4 64.7
US
Boston Scientific Corp
NYSE:BSX
132.2B USD 7.9 71.3 32.8 46.2
US
Stryker Corp
NYSE:SYK
131.9B USD 5.8 44.1 22.9 27.7
IE
Medtronic PLC
NYSE:MDT
106.4B USD 3.2 25 13.4 18.9
US
Becton Dickinson and Co
NYSE:BDX
60.1B USD 2.9 34.4 14.6 26.3
DE
Siemens Healthineers AG
XETRA:SHL
47.4B EUR 2.1 24.2 14.1 20.1
US
Edwards Lifesciences Corp
NYSE:EW
40.8B USD 7.5 9.8 22.9 25.3
CN
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
258.6B CNY 7 20.9 18.1 18.1
US
IDEXX Laboratories Inc
NASDAQ:IDXX
32.1B USD 8.2 36.2 25.8 28.7