Company Valuation: Incyte Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,213 17,869 14,072 13,306 19,391 23,454 - -
Change - 10.21% -21.25% -5.44% 45.73% 20.96% - -
Enterprise Value (EV) 1 13,865 14,630 10,416 11,148 16,293 19,185 17,508 15,538
Change - 5.52% -28.81% 7.03% 46.15% 17.75% -8.74% -11.25%
P/E 17.2x 52.8x 23.7x 460x 15.4x 64.5x 16.3x 15.1x
PBR 4.32x 4.09x 2.71x 3.88x 3.79x 4.03x 3.04x 2.41x
PEG - -0.8x 0.3x -4.9x 0x -0.9x 0x 1.96x
Capitalization / Revenue 5.43x 5.26x 3.81x 3.14x 3.77x 3.95x 3.76x 3.58x
EV / Revenue 4.64x 4.31x 2.82x 2.63x 3.17x 3.23x 2.81x 2.37x
EV / EBITDA 21.5x 24.5x 14.8x 22.2x 9.53x 25.3x 8.33x 7.53x
EV / EBIT 23.7x 25.2x 16.8x 26.9x 10.1x 22.4x 7.65x 6.09x
EV / FCF 24.4x 16.4x 22.4x 44.8x - 24.9x 10.7x 8.29x
FCF Yield 4.1% 6.1% 4.45% 2.23% - 4.01% 9.33% 12.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 4.27 1.52 2.65 0.15 6.41 1.794 7.1 7.647
Distribution rate - - - - - - - -
Net sales 1 2,986 3,395 3,696 4,241 5,141 5,937 6,241 6,555
EBITDA 1 643.6 597.7 703.2 503.1 1,709 758.5 2,101 2,065
EBIT 1 585.8 579.4 620.5 413.9 1,616 857.1 2,288 2,553
Net income 1 948.6 340.7 597.6 32.62 1,287 376.8 1,483 1,666
Net Debt 1 -2,348 -3,239 -3,656 -2,158 -3,098 -4,269 -5,946 -7,917
Reference price 2 73.40 80.32 62.79 69.07 98.77 115.71 115.71 115.71
Nbr of stocks (in thousands) 220,891 222,475 224,109 192,650 196,323 202,698 - -
Announcement Date 8/2/22 7/2/23 13/2/24 10/2/25 10/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
37.06x13.1x27.8x0.54% 1,135B
38.61x6.49x18.27x2.02% 635B
36.46x8.38x17.33x2.41% 505B
20.87x5.11x12.73x2.56% 378B
105.89x5.92x25.41x2.34% 358B
21.76x5.68x13.94x2.81% 295B
22.43x4.53x12.94x1.95% 266B
27.87x7.16x12.81x2.3% 237B
-45.48x6.98x27.06x2.11% 193B
Average 29.50x 7.04x 18.70x 2.12% 444.85B
Weighted average by Cap. 35.23x 8.29x 20.40x 1.8%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Incyte Corporation

Historical PBR trend

Valuation ratios - PBR - Incyte Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Incyte Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Incyte Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Incyte Corporation
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