Formycon AG
XETRA:FYB

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Formycon AG
XETRA:FYB
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Price: 24.05 EUR -0.62% Market Closed
Market Cap: 425m EUR

Relative Value

The Relative Value of one FYB stock under the Base Case scenario is 62.58 EUR. Compared to the current market price of 24.05 EUR, Formycon AG is Undervalued by 62%.

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.

FYB Relative Value
Base Case
62.58 EUR
Undervaluation 62%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
50
Median 3Y
13.6
Median 5Y
14.8
Industry
8.1
Forward
7.7
vs History
vs Industry
11
Median 3Y
-2.3
Median 5Y
-3
Industry
23.7
Forward
-13.5
vs History
6
vs Industry
Median 3Y
-40.8
Median 5Y
-54.7
Industry
22.6
vs History
vs Industry
Median 3Y
-18.1
Median 5Y
-24.3
Industry
25.7
vs History
87
vs Industry
64
Median 3Y
1.6
Median 5Y
2.5
Industry
3.3
vs History
85
vs Industry
42
Median 3Y
13.1
Median 5Y
14.1
Industry
8.4
Forward
7.4
vs History
vs Industry
13
Median 3Y
38.6
Median 5Y
70.6
Industry
10.4
vs History
20
vs Industry
0
Median 3Y
3.2
Median 5Y
-39.5
Industry
5.9
Forward
-22.3
vs History
vs Industry
Median 3Y
-34.4
Median 5Y
-38.8
Industry
6.4
Forward
-12.5
vs History
6
vs Industry
Median 3Y
-39.4
Median 5Y
-53.3
Industry
8.2
vs History
vs Industry
Median 3Y
-18.4
Median 5Y
-23.6
Industry
6.4
vs History
88
vs Industry
64
Median 3Y
1
Median 5Y
1.3
Industry
5.8

Multiples Across Competitors

FYB Competitors Multiples
Formycon AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
DE
Formycon AG
XETRA:FYB
424.8m EUR 8.2 -2.5 3.5 -11
FR
Pharnext SCA
OTC:PNEXF
6T USD 34 198 755.5 -162 541.6 -197 377.4 -195 125.1
US
Abbvie Inc
NYSE:ABBV
378.8B USD 6.4 161.3 15.7 22.3
US
Amgen Inc
NASDAQ:AMGN
177.8B USD 4.9 25.4 18.3 18.3
US
Gilead Sciences Inc
NASDAQ:GILD
155.1B USD 5.3 19.1 12.9 12.9
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
112.1B USD 9.6 30.5 22.3 23.3
US
Epizyme Inc
F:EPE
94.1B EUR 2 060 -525.7 -572.4 -557.1
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
77.2B USD 5.4 16.9 16 18.2
AU
CSL Ltd
ASX:CSL
85B AUD 3.7 18.9 12.8 15.9
NL
argenx SE
XBRU:ARGX
42.4B EUR 13.7 32.1 55.1 56.6
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
47.3B USD 14.8 1 086.8 146.4 177.6
P/S Multiple
Revenue Growth P/S to Growth
DE
Formycon AG
XETRA:FYB
Average P/S: 3 109 171.6
8.2
25%
0.3
FR
Pharnext SCA
OTC:PNEXF
34 198 755.5
N/A N/A
US
Abbvie Inc
NYSE:ABBV
6.4
9%
0.7
US
Amgen Inc
NASDAQ:AMGN
4.9
5%
1
US
Gilead Sciences Inc
NASDAQ:GILD
5.3
4%
1.3
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
9.6
10%
1
US
E
Epizyme Inc
F:EPE
2 060
N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
5.4
6%
0.9
AU
CSL Ltd
ASX:CSL
3.7
5%
0.7
NL
argenx SE
XBRU:ARGX
13.7
49%
0.3
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
14.8
46%
0.3
P/E Multiple
Earnings Growth PEG
DE
Formycon AG
XETRA:FYB
Average P/E: 173.9
Negative Multiple: -2.5
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -162 541.6 N/A N/A
US
Abbvie Inc
NYSE:ABBV
161.3
89%
1.8
US
Amgen Inc
NASDAQ:AMGN
25.4
45%
0.6
US
Gilead Sciences Inc
NASDAQ:GILD
19.1
190%
0.1
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
30.5
N/A N/A
US
E
Epizyme Inc
F:EPE
Negative Multiple: -525.7 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.9
10%
1.7
AU
CSL Ltd
ASX:CSL
18.9
11%
1.7
NL
argenx SE
XBRU:ARGX
32.1
40%
0.8
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
1 086.8
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DE
Formycon AG
XETRA:FYB
Average EV/EBITDA: 33.7
3.5
-17%
N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -197 377.4 N/A N/A
US
Abbvie Inc
NYSE:ABBV
15.7
14%
1.1
US
Amgen Inc
NASDAQ:AMGN
18.3
11%
1.7
US
Gilead Sciences Inc
NASDAQ:GILD
12.9
7%
1.8
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
22.3
16%
1.4
US
E
Epizyme Inc
F:EPE
Negative Multiple: -572.4 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16
11%
1.5
AU
CSL Ltd
ASX:CSL
12.8
8%
1.6
NL
argenx SE
XBRU:ARGX
55.1
810%
0.1
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
146.4
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Formycon AG
XETRA:FYB
Average EV/EBIT: 43.1
Negative Multiple: -11
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -195 125.1 N/A N/A
US
Abbvie Inc
NYSE:ABBV
22.3
30%
0.7
US
Amgen Inc
NASDAQ:AMGN
18.3
20%
0.9
US
Gilead Sciences Inc
NASDAQ:GILD
12.9
12%
1.1
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
23.3
16%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -557.1 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
18.2
13%
1.4
AU
CSL Ltd
ASX:CSL
15.9
11%
1.4
NL
argenx SE
XBRU:ARGX
56.6
N/A N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
177.6
N/A N/A