Company Valuation: Alvotech

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 308.8 2,486 3,048 3,991 1,606 2,052 - -
Change - 705.34% 22.59% 30.92% -59.76% 27.8% - -
Enterprise Value (EV) 1 308.8 3,165 3,959 5,330 2,883 3,129 3,109 3,002
Change - 925.01% 25.11% 34.63% -45.92% 8.55% -0.63% -3.45%
P/E -0.8x -3.85x -4.72x -15.2x 9.5x 111x 19.4x 11.3x
PBR - -4.41x -2.8x -8.59x -5.22x -11x -26.6x 15.5x
PEG - 0x 0.72x 0.2x -0x -1.2x 0x 0.2x
Capitalization / Revenue 8.4x 29.9x 32.6x 8.11x 2.73x 3.11x 2.65x 2.27x
EV / Revenue 8.4x 38.1x 42.4x 10.8x 4.9x 4.75x 4.01x 3.32x
EV / EBITDA - -9.71x -12x 52.8x 24.8x 17x 11.8x 8.36x
EV / EBIT - -9.13x -11.2x 76.5x 36.9x 22.1x 14x 9.56x
EV / FCF - -9.04x -11.5x -18.3x -18.7x -23.9x 94.2x 28.9x
FCF Yield - -11.1% -8.72% -5.45% -5.36% -4.19% 1.06% 3.46%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -12.29 -2.6 -2.43 -0.87 0.54 0.052 0.297 0.5107
Distribution rate - - - - - - - -
Net sales 1 36.77 83.03 93.38 492 588.9 659.3 775.7 904.5
EBITDA 1 - -326 -330.6 100.9 116.1 184.4 263 359
EBIT 1 - -346.4 -354.9 69.64 78.21 141.5 222.1 314.1
Net income 1 - -513.6 -551.7 -231.9 157.9 30.36 109.1 178.4
Net Debt 1 - 678.2 911 1,340 1,277 1,077 1,057 949.9
Reference price 2 9.880 10.000 11.480 13.230 5.130 5.750 5.750 5.750
Nbr of stocks (in thousands) 31,250 248,650 265,530 301,640 313,019 356,912 - -
Announcement Date 5/10/22 3/1/23 3/20/24 3/26/25 3/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
110.56x4.75x16.97x-.--% 2.05B
33.26x5.97x17.88x0.98% 47.97B
34.82x3.35x14.46x-.--% 44.5B
-21.07x227.64x-22.77x-.--% 43.93B
47.27x5.47x29.96x-.--% 41.03B
26.85x7.74x19.93x0.42% 29.85B
35.19x5.78x26.24x-.--% 17.27B
-61.04x9.99x243.78x-.--% 15.34B
25.79x2.21x9.6x1.04% 15.3B
Average 25.74x 30.32x 39.56x 0.27% 28.58B
Weighted average by Cap. 20.42x 43.49x 26.04x 0.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield