Company Valuation: Vertex Pharmaceuticals Incorporated

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 55,834 74,127 104,849 103,707 115,026 138,793 - -
Change - 32.76% 41.44% -1.09% 10.91% 20.66% - -
Enterprise Value (EV) 1 48,309 63,349 93,630 97,591 108,418 123,116 119,691 113,595
Change - 31.13% 47.8% 4.23% 11.09% 13.56% -2.78% -5.09%
P/E 24.4x 22.5x 29.3x -194x 29.6x 32.3x 26.4x 21.9x
PBR 5.53x 5.33x 5.96x 6.4x 6.17x 6.18x 5.13x 4.23x
PEG - 0.5x 3.51x 2x -0x 3x 1.2x 1.1x
Capitalization / Revenue 7.37x 8.3x 10.6x 9.41x 9.58x 10.5x 9.49x 8.46x
EV / Revenue 6.38x 7.09x 9.49x 8.86x 9.03x 9.33x 8.19x 6.93x
EV / EBITDA 10.8x 12.8x 20.6x 108x 19.8x 21.1x 17.4x 14.3x
EV / EBIT 11.1x 13.2x 21.4x 140x 20.6x 22x 18.2x 14.5x
EV / FCF 20.1x 16.1x 28.1x -123x 33.9x 27.7x 21.2x 15.2x
FCF Yield 4.99% 6.2% 3.56% -0.81% 2.95% 3.61% 4.72% 6.56%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.01 12.82 13.89 -2.08 15.32 16.96 20.73 25.05
Distribution rate - - - - - - - -
Net sales 1 7,574 8,931 9,869 11,020 12,001 13,195 14,619 16,399
EBITDA 1 4,470 4,941 4,556 902.8 5,473 5,837 6,866 7,956
EBIT 1 4,344 4,793 4,375 695.6 5,263 5,597 6,574 7,821
Net income 1 2,342 3,322 3,620 -535.6 3,953 4,306 5,228 6,392
Net Debt 1 -7,525 -10,778 -11,218 -6,116 -6,608 -15,676 -19,102 -25,197
Reference price 2 219.60 288.78 406.89 402.70 453.36 547.59 547.59 547.59
Nbr of stocks (in thousands) 254,252 256,691 257,683 257,529 253,719 253,461 - -
Announcement Date 1/26/22 2/7/23 2/5/24 2/10/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.29x9.33x21.09x-.--% 139B
35.49x12.87x26.08x0.56% 1,111B
30.37x - - 1.97% 658B
33.76x7.81x16.23x2.59% 467B
20.64x4.89x12.12x2.7% 369B
22.46x5.78x14.33x2.76% 301B
21.25x4.36x12.44x2.02% 256B
28.07x7.23x12.84x2.27% 240B
13.6x4.83x10.09x3.78% 207B
-44.84x6.47x25.28x2.25% 182B
Average 19.31x 7.06x 16.72x 2.09% 392.98B
Weighted average by Cap. 25.67x 8.50x 18.72x 1.83%

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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