Company Valuation: Regeneron Pharmaceuticals, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 66,029 77,057 93,403 76,639 79,193 78,036 - -
Change - 16.7% 21.21% -17.95% 3.33% -1.46% - -
Enterprise Value (EV) 1 56,196 77,057 84,542 70,331 73,294 70,864 67,981 64,443
Change - 37.12% 9.71% -16.81% 4.21% -3.32% -4.07% -5.2%
P/E 8.77x 18.9x 25.3x 18.6x 18.6x 18.1x 15.5x 13.7x
PBR 3.56x 3.41x 3.64x 2.62x 2.58x 2.37x 2.08x 1.82x
PEG - -0.4x -2.8x 1.8x 2.27x 4.41x 0.9x 1.1x
Capitalization / Revenue 4.11x 6.33x 7.12x 5.4x 5.52x 4.61x 4.22x 3.95x
EV / Revenue 3.5x 6.33x 6.45x 4.95x 5.11x 4.19x 3.68x 3.26x
EV / EBITDA 5.71x 12.7x 15.2x 12.3x 13.5x 9.84x 9.04x 7.76x
EV / EBIT 6.28x 13.5x 16.5x 13.5x 15x 11.5x 9.53x 8.11x
EV / FCF 8.61x 17.4x 21.8x 19.2x 18x 12x 10.6x 9.08x
FCF Yield 11.6% 5.74% 4.58% 5.21% 5.57% 8.36% 9.46% 11%
Dividend per Share 2 - - - - 3.52 3.902 4.398 4.922
Rate of return - - - - 0.46% 0.5% 0.56% 0.63%
EPS 2 71.97 38.22 34.77 38.34 41.48 43.18 50.38 56.93
Distribution rate - - - - 8.49% 9.04% 8.73% 8.64%
Net sales 1 16,072 12,173 13,117 14,202 14,343 16,927 18,484 19,741
EBITDA 1 9,835 6,060 5,547 5,695 5,428 7,205 7,518 8,304
EBIT 1 8,947 5,719 5,126 5,212 4,884 6,157 7,133 7,951
Net income 1 8,075 4,338 3,954 4,413 4,505 4,773 5,445 6,131
Net Debt 1 -9,833 - -8,862 -6,308 -5,899 -7,172 -10,055 -13,592
Reference price 2 631.52 721.49 878.29 712.33 771.87 781.49 781.49 781.49
Nbr of stocks (in thousands) 104,556 106,802 106,347 107,590 102,599 99,855 - -
Announcement Date 2/4/22 2/3/23 2/2/24 2/4/25 1/30/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.1x4.19x9.84x0.5% 78.02B
19.65x4.21x13.08x2.5% 57.4B
-17.17x25.62x-16.63x-.--% 57.48B
34.47x11.73x22.49x-.--% 48.81B
20.54x4.54x12.95x0.71% 45.5B
37.49x3.54x13.51x-.--% 32.08B
54.21x3.43x26.59x-.--% 24.62B
62.21x6.52x39.5x-.--% 20.77B
22.98x4.94x12.86x-.--% 15.75B
Average 28.05x 7.64x 14.91x 0.41% 42.27B
Weighted average by Cap. 21.98x 8.49x 11.46x 0.56%

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

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