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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | -1.4x - -1.5x | -1.4x |
Historical Pb Multiple | -2.8x - 7.8x | -2.3x |
Fair Value | $5.44 - $6.01 | $5.72 |
Upside | -40.6% - -34.3% | -37.5% |
Benchmarks | - | Full Ticker |
Teva Pharmaceutical Industries Limited | - | OTCPK:TEVJ.F |
Merck & Co., Inc. | - | NYSE:MRK |
AstraZeneca PLC | - | NasdaqGS:AZN |
Regeneron Pharmaceuticals, Inc. | - | NasdaqGS:REGN |
Harmony Biosciences Holdings, Inc. | - | NasdaqGM:HRMY |
OptiNose, Inc. | - | NasdaqGS:OPTN |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
TEVJ.F | MRK | AZN | REGN | HRMY | OPTN | |||
OTCPK:TEVJ.F | NYSE:MRK | NasdaqGS:AZN | NasdaqGS:REGN | NasdaqGM:HRMY | NasdaqGS:OPTN | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | 24.6% | 39.4% | 15.8% | NM- | NM- | ||
3Y CAGR | NM- | 11.5% | 297.5% | -18.2% | 61.4% | NM- | ||
Latest Twelve Months | -193.2% | 4589.6% | 18.1% | 11.6% | 12.9% | 39.3% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -10.5% | 18.8% | 8.8% | 38.3% | -20.1% | -119.7% | ||
Prior Fiscal Year | -3.5% | 0.6% | 13.0% | 30.1% | 22.1% | -50.0% | ||
Latest Fiscal Year | -9.9% | 26.7% | 13.0% | 31.1% | 20.4% | -27.5% | ||
Latest Twelve Months | -9.9% | 26.7% | 13.0% | 31.1% | 20.4% | -27.5% | ||
Return on Equity | ||||||||
5 Year Average Margin | -16.3% | 26.0% | 13.7% | 28.6% | 14.7% | -768.0% | ||
Prior Fiscal Year | -7.3% | 0.9% | 15.6% | 16.3% | 29.6% | NM | ||
Latest Twelve Months | -25.5% | 40.8% | 17.6% | 16.0% | 25.8% | NM | ||
Next Fiscal Year | 43.2% | 42.8% | 30.5% | 16.5% | 30.3% | 26.1% | ||
Two Fiscal Years Forward | 31.8% | 36.7% | 28.6% | 16.5% | 29.3% | 59.0% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 1.1x | 3.4x | 4.1x | 4.6x | 2.6x | 1.2x | ||
Price / LTM EPS | -10.7x | 12.9x | 31.8x | 15.0x | 12.8x | -4.3x | ||
Price / Book | 3.3x | 4.8x | 5.5x | 2.2x | 2.8x | -2.3x | ||
Price / Fwd Book | 2.0x | 3.7x | 4.5x | 2.2x | 2.1x | -1.8x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 2.2x | 3.3x | 5.5x | |||||
Historical P/B Ratio | -2.8x | -2.3x | 7.8x | |||||
Selected P/B Multiple | -1.4x | -1.4x | -1.5x | |||||
(x) Book Value | (40) | (40) | (40) |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | TEVJ.F | MRK | AZN | REGN | HRMY | OPTN | |
Value of Common Equity | 16,958 | 220,068 | 223,862 | 66,034 | 1,859 | 92 | |
(/) Shares Outstanding | 1,145.8 | 2,526.0 | 3,083.5 | 107.0 | 57.3 | 10.1 | |
Implied Stock Price | 14.80 | 87.12 | 72.60 | 617.00 | 32.42 | 9.15 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 14.80 | 87.12 | 72.60 | 617.00 | 32.42 | 9.15 | |
Trading Currency | USD | USD | USD | USD | USD | USD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |