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 25,945 - -
Change - 10.21% -21.25% -5.44% 45.73% 33.8% - -
Enterprise Value (EV) 1 13,865 14,630 10,416 11,148 16,293 21,716 19,954 17,975
Change - 5.52% -28.81% 7.03% 46.15% 33.28% -8.11% -9.92%
P/E 17.2x 52.8x 23.7x 460x 15.4x 57.1x 17.7x 16.3x
PBR 4.32x 4.09x 2.71x 3.88x 3.79x 4.37x 3.3x 2.6x
PEG - -0.8x 0.3x -4.9x 0x -0.9x 0x 1.9x
Capitalization / Revenue 5.43x 5.26x 3.81x 3.14x 3.77x 4.37x 4.14x 3.95x
EV / Revenue 4.64x 4.31x 2.82x 2.63x 3.17x 3.65x 3.19x 2.74x
EV / EBITDA 21.5x 24.5x 14.8x 22.2x 9.53x 28.3x 9.38x 9x
EV / EBIT 23.7x 25.2x 16.8x 26.9x 10.1x 25.1x 8.77x 7.08x
EV / FCF 24.4x 16.4x 22.4x 44.8x - 32.1x 12.2x 10.3x
FCF Yield 4.1% 6.1% 4.45% 2.23% - 3.11% 8.18% 9.73%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 4.27 1.52 2.65 0.15 6.41 2.241 7.239 7.859
Distribution rate - - - - - - - -
Net sales 1 2,986 3,395 3,696 4,241 5,141 5,942 6,265 6,566
EBITDA 1 643.6 597.7 703.2 503.1 1,709 766.9 2,126 1,996
EBIT 1 585.8 579.4 620.5 413.9 1,616 863.9 2,276 2,540
Net income 1 948.6 340.7 597.6 32.62 1,287 465.8 1,496 1,696
Net Debt 1 -2,348 -3,239 -3,656 -2,158 -3,098 -4,230 -5,991 -7,970
Reference price 2 73.40 80.32 62.79 69.07 98.77 128.00 128.00 128.00
Nbr of stocks (in thousands) 220,891 222,475 224,109 192,650 196,323 202,698 - -
Announcement Date 2/8/22 2/7/23 2/13/24 2/10/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
57.12x3.65x28.32x-.--% 25.95B
19.53x4.57x10.77x0.46% 84.22B
-17.71x26.55x-17.53x-.--% 59.43B
20.65x4.41x13.65x2.37% 60.48B
35.98x12.26x23.5x-.--% 50.31B
22.03x4.87x13.88x0.66% 48.91B
39.89x3.65x13.91x-.--% 33.17B
68.4x7.28x44.26x-.--% 22.78B
24.11x5.15x13.42x-.--% 16.73B
66.16x40.88x58.63x0.17% 14.52B
Average 33.62x 11.33x 20.28x 0.37% 41.65B
Weighted average by Cap. 25.11x 9.95x 14.00x 0.52%

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

  1. Stock Market
  2. Stocks
  3. INCY Stock
  4. Valuation Incyte Corporation