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 74,127 104,849 103,707 115,026 123,195 - -
Change - 32.76% 41.44% -1.09% 10.91% 7.1% - -
Enterprise Value (EV) 1 48,309 63,349 93,630 97,591 108,418 109,559 104,729 99,755
Change - 31.13% 47.8% 4.23% 11.09% 1.05% -4.41% -4.75%
P/E 24.4x 22.5x 29.3x -194x 29.6x 27.8x 24.8x 21x
PBR 5.53x 5.33x 5.96x 6.4x 6.17x 5.6x 4.66x 3.92x
PEG - 0.5x 3.51x 2x -0x 2x 2.1x 1.2x
Capitalization / Revenue 7.37x 8.3x 10.6x 9.41x 9.58x 9.44x 8.61x 7.74x
EV / Revenue 6.38x 7.09x 9.49x 8.86x 9.03x 8.39x 7.32x 6.26x
EV / EBITDA 10.8x 12.8x 20.6x 108x 19.8x 18.9x 15.7x 13.1x
EV / EBIT 11.1x 13.2x 21.4x 140x 20.6x 19.8x 16.7x 13.6x
EV / FCF 20.1x 16.1x 28.1x -123x 33.9x 22.6x 20.6x 17.9x
FCF Yield 4.99% 6.2% 3.56% -0.81% 2.95% 4.43% 4.86% 5.59%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.01 12.82 13.89 -2.08 15.32 17.49 19.59 23.11
Distribution rate - - - - - - - -
Net sales 1 7,574 8,931 9,869 11,020 12,001 13,055 14,313 15,926
EBITDA 1 4,470 4,941 4,556 902.8 5,473 5,784 6,659 7,631
EBIT 1 4,344 4,793 4,375 695.6 5,263 5,537 6,271 7,312
Net income 1 2,342 3,322 3,620 -535.6 3,953 4,496 5,063 6,008
Net Debt 1 -7,525 -10,778 -11,218 -6,116 -6,608 -13,635 -18,465 -23,440
Reference price 2 219.60 288.78 406.89 402.70 453.36 485.39 485.39 485.39
Nbr of stocks (in thousands) 254,252 256,691 257,683 257,529 253,719 253,805 - -
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.($)
27.75x8.39x18.94x-.--% 123B
34.92x12.63x25.81x0.57% 1,060B
27.42x6.3x17.1x2.08% 619B
30.1x7.34x15.02x2.76% 438B
17.98x4.45x11.01x2.97% 333B
21.52x5.52x13.36x2.86% 282B
21.56x4.53x12.65x1.94% 267B
14.17x5.3x10.9x3.52% 218B
23.78x6.31x11.12x2.78% 196B
-46.81x5.6x30.89x2.5% 161B
Average 17.24x 6.64x 16.68x 2.2% 369.71B
Weighted average by Cap. 23.96x 7.86x 18.18x 1.93%

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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