Valuation: Novartis AG

Capitalization 311B 262B 239B 228B 423B 28,141B 440B 2,777B 1,103B 13,590B 1,165B 1,141B 47,497B P/E ratio 2026 *
21.5x
P/E ratio 2027 * 19.3x
Enterprise value 344B 289B 264B 252B 468B 31,113B 486B 3,071B 1,219B 15,025B 1,288B 1,262B 52,513B EV / Sales 2026 *
6x
EV / Sales 2027 * 5.63x
Free-Float
87.19%
Yield 2026 *
2.7%
Yield 2027 * 2.78%
1 day+1.08%
1 week+4.32%
Current month+9.18%
1 month+10.12%
3 months+18.35%
6 months+28.32%
Current year+14.18%
1 week 119.74
Extreme 119.74
125.42
1 month 112.74
Extreme 112.74
125.42
Current year 107.68
Extreme 107.68
125.42
1 year 81.1
Extreme 81.1
125.42
3 years 73.74
Extreme 73.74
125.42
5 years 72.84
Extreme 72.84
125.42
10 years 65.09
Extreme 65.09
125.42
Manager TitleAgeSince
Chief Executive Officer 50 01/02/2018
Director of Finance/CFO 61 24/04/2013
Chief Tech/Sci/R&D Officer 64 16/05/2022
Director TitleAgeSince
Director/Board Member 68 01/01/2015
Director/Board Member 69 01/01/2016
Director/Board Member 61 01/01/2016
Change 5d. change 1-year change 3-years change Capi.($)
+1.08%+4.32%+27.98%+55.61% 311B
+0.33%-1.72%+23.18%+199.23% 929B
-0.45%+1.44%+55.91%+50.24% 587B
+1.76%+3.61%+20.03%+51.71% 409B
+0.08%+1.01%+20.89%+28.94% 374B
+1.42%+7.19%+26.36%+32.36% 320B
+1.82%-0.43%+46.26%+11.65% 301B
+1.32%+5.11%-45.12%-37.51% 219B
+1.52%-3.94%+26.80%+53.17% 199B
+2.09%+1.63%+48.90%+80.88% 192B
Average +1.10%+1.96%+25.12%+52.63% 384.1B
Weighted average by Cap. +0.81%+1.58%+27.66%+76.96%

Financials

2026 *2027 *
Net sales 57.26B 48.25B 44.01B 42.01B 77.99B 5,186B 81.03B 512B 203B 2,504B 215B 210B 8,753B 59.74B 50.33B 45.91B 43.83B 81.36B 5,411B 84.53B 534B 212B 2,613B 224B 219B 9,132B
Net income 14.51B 12.22B 11.15B 10.64B 19.76B 1,314B 20.53B 130B 51.47B 634B 54.4B 53.28B 2,217B 15.9B 13.4B 12.22B 11.66B 21.65B 1,440B 22.5B 142B 56.41B 695B 59.62B 58.39B 2,430B
Net Debt 32.81B 27.64B 25.21B 24.07B 44.68B 2,972B 46.43B 293B 116B 1,435B 123B 121B 5,015B 25.36B 21.37B 19.49B 18.61B 34.55B 2,297B 35.89B 227B 90.01B 1,109B 95.12B 93.17B 3,877B
Logo Novartis AG
Novartis AG is one of the world's leaders in the design, manufacturing, and marketing of pharmaceutical products. Net sales break down by therapeutic area as follows: - oncology (30.9%); - immunology (18.9%); - cardiovascular, renal and metabolic diseases (16.4%); - neuroscience (11%). The remaining net sales (22.8%) are from contract manufacturing of pharmaceutical products. At the end of 2025, Novartis AG had over 31 production sites worldwide. Net sales are distributed geographically as follows: Switzerland (2.6%), Europe (28.1%), the United States (42.8%), Asia/Africa/Australasia (19.8%), Canada and Latin America (6.7%).
Employees
75,267
Date Price Change Volume
13/02/26 125.14 CHF +1.08% 4,755,788
12/02/26 123.80 CHF +0.57% 3,348,098
11/02/26 123.10 CHF +1.74% 4,177,152
10/02/26 121.00 CHF +0.67% 3,106,255
09/02/26 120.20 CHF +0.20% 3,339,717
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
22
Last Close Price
162.83USD
Average target price
148.67USD
Spread / Average Target
-8.70%

Quarterly revenue - Rate of surprise