Cipher Pharmaceuticals Inc
TSX:CPH

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Cipher Pharmaceuticals Inc
TSX:CPH
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Price: 12 CAD 4.62% Market Closed
Market Cap: 307.3m CAD

Relative Value

The Relative Value of one CPH stock under the Base Case scenario is 4.48 CAD. Compared to the current market price of 12 CAD, Cipher Pharmaceuticals Inc is Overvalued by 63%.

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.

CPH Relative Value
Base Case
4.48 CAD
Overvaluation 63%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
20
Median 3Y
3.7
Median 5Y
2.9
Industry
2.3
Forward
4.4
vs History
4
vs Industry
25
Median 3Y
5.7
Median 5Y
5.7
Industry
20.3
Forward
13.7
vs History
12
vs Industry
34
Median 3Y
6.3
Median 5Y
4.2
Industry
15.1
vs History
vs Industry
28
Median 3Y
4.9
Median 5Y
4.7
Industry
22.3
vs History
12
vs Industry
35
Median 3Y
1.3
Median 5Y
1.1
Industry
1.9
vs History
12
vs Industry
18
Median 3Y
2
Median 5Y
1.5
Industry
2.4
Forward
4.8
vs History
11
vs Industry
21
Median 3Y
2.5
Median 5Y
1.9
Industry
4.8
vs History
11
vs Industry
18
Median 3Y
3.4
Median 5Y
2.6
Industry
12.2
Forward
9.6
vs History
9
vs Industry
14
Median 3Y
3.9
Median 5Y
2.8
Industry
15.2
vs History
11
vs Industry
33
Median 3Y
3.8
Median 5Y
2.4
Industry
13.7
vs History
vs Industry
31
Median 3Y
2.5
Median 5Y
2.3
Industry
17.7
vs History
22
vs Industry
38
Median 3Y
1.4
Median 5Y
0.9
Industry
1.7

Multiples Across Competitors

CPH Competitors Multiples
Cipher Pharmaceuticals Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Cipher Pharmaceuticals Inc
TSX:CPH
307.2m CAD 6.6 19.2 20.6 31.1
US
Eli Lilly and Co
NYSE:LLY
814.6B USD 18.1 76.9 44.7 49.3
UK
Dechra Pharmaceuticals PLC
LSE:DPH
440.4B GBP 578.3 -15 783.5 3 846.3 17 702.3
US
Johnson & Johnson
NYSE:JNJ
372.9B USD 4.2 17.1 12.4 16.3
DK
Novo Nordisk A/S
CSE:NOVO B
1.8T DKK 6.1 17.6 11.6 13.2
CH
Roche Holding AG
SIX:ROG
207.8B CHF 3.4 25.2 9.4 11
CH
Novartis AG
SIX:NOVN
187.4B CHF 4.4 18.9 11.4 14.7
UK
AstraZeneca PLC
LSE:AZN
162B GBP 4 30.8 126.3 192.9
US
Merck & Co Inc
NYSE:MRK
202.2B USD 3.2 11.8 8 9.5
IE
Endo International PLC
LSE:0Y5F
163.5B USD 70.5 -56 261.3 655.3
FR
Sanofi SA
PAR:SAN
116B EUR 2.6 20.3 8.8 13
P/E Multiple
Earnings Growth PEG
CA
Cipher Pharmaceuticals Inc
TSX:CPH
Average P/E: 26.4
19.2
16%
1.2
US
Eli Lilly and Co
NYSE:LLY
76.9
49%
1.6
UK
Dechra Pharmaceuticals PLC
LSE:DPH
Negative Multiple: -15 783.5 N/A N/A
US
Johnson & Johnson
NYSE:JNJ
17.1
27%
0.6
DK
Novo Nordisk A/S
CSE:NOVO B
17.6
18%
1
CH
Roche Holding AG
SIX:ROG
25.2
32%
0.8
CH
Novartis AG
SIX:NOVN
18.9
17%
1.1
UK
AstraZeneca PLC
LSE:AZN
30.8
36%
0.9
US
Merck & Co Inc
NYSE:MRK
11.8
18%
0.7
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -56 N/A N/A
FR
Sanofi SA
PAR:SAN
20.3
28%
0.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Cipher Pharmaceuticals Inc
TSX:CPH
Average EV/EBITDA: 396.5
20.6
34%
0.6
US
Eli Lilly and Co
NYSE:LLY
44.7
31%
1.4
UK
Dechra Pharmaceuticals PLC
LSE:DPH
3 846.3
36%
106.8
US
Johnson & Johnson
NYSE:JNJ
12.4
8%
1.6
DK
Novo Nordisk A/S
CSE:NOVO B
11.6
14%
0.8
CH
Roche Holding AG
SIX:ROG
9.4
6%
1.6
CH
Novartis AG
SIX:NOVN
11.4
5%
2.3
UK
AstraZeneca PLC
LSE:AZN
126.3
9%
14
US
Merck & Co Inc
NYSE:MRK
8
9%
0.9
IE
E
Endo International PLC
LSE:0Y5F
261.3
N/A N/A
FR
Sanofi SA
PAR:SAN
8.8
6%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Cipher Pharmaceuticals Inc
TSX:CPH
Average EV/EBIT: 1 700.8
31.1
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
49.3
33%
1.5
UK
Dechra Pharmaceuticals PLC
LSE:DPH
17 702.3
98%
180.6
US
Johnson & Johnson
NYSE:JNJ
16.3
12%
1.4
DK
Novo Nordisk A/S
CSE:NOVO B
13.2
16%
0.8
CH
Roche Holding AG
SIX:ROG
11
8%
1.4
CH
Novartis AG
SIX:NOVN
14.7
8%
1.8
UK
AstraZeneca PLC
LSE:AZN
192.9
21%
9.2
US
Merck & Co Inc
NYSE:MRK
9.5
12%
0.8
IE
E
Endo International PLC
LSE:0Y5F
655.3
N/A N/A
FR
Sanofi SA
PAR:SAN
13
14%
0.9