Company Valuation: argenx SE

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 11,400 16,291 19,269 20,293 36,221 46,096 - -
Change - 42.9% 18.28% 5.32% 78.48% 27.26% - -
Enterprise Value (EV) 1 9,781 14,186 18,515 17,352 32,974 43,120 41,597 39,825
Change - 45.03% 30.52% -6.28% 90.03% 30.77% -3.53% -4.26%
P/E ratio -20.8x -43.8x -28.3x -72.1x 48.9x 48.9x 29.4x 21.8x
PBR 8.44x 7.1x - 5.39x 7.4x 7.97x 6.24x 4.77x
PEG - 1.1x -0.4x 1.2x -0x 1.9x 0.4x 0.6x
Capitalization / Revenue 209x 33.5x 45.9x 17.3x 16.9x 12.7x 9.2x 7.56x
EV / Revenue 179x 29.2x 44.1x 14.8x 15.4x 11.9x 8.3x 6.53x
EV / EBITDA -23.6x -45.7x -31.9x -59.8x -8,314x 42.8x 23.6x 16.3x
EV / EBIT -23.4x -45.1x -27.3x -44.2x -1,600x 44.1x 22.5x 15.8x
EV / FCF -28.2x -25.7x -22.8x -40.4x -227x 43.6x 20.7x 14.7x
FCF Yield -3.55% -3.9% -4.39% -2.47% -0.44% 2.29% 4.82% 6.8%
Dividend per Share 2 - - - - - - - 0.2168
Rate of return - - - - - - - 0.03%
EPS 2 -11.65 -7.203 -12.31 -4.763 12.28 15.41 25.66 34.53
Distribution rate - - - - - - - 0.63%
Net sales 1 54.53 486.3 419.9 1,171 2,143 3,619 5,010 6,094
EBITDA 1 -414.3 -310.4 -580.3 -290.2 -3.966 1,007 1,763 2,451
EBIT 1 -417.8 -314.4 -679.3 -392.3 -20.61 977.4 1,849 2,517
Net income 1 -528.9 -368.1 -669.1 -272.3 792.7 989.9 1,757 2,240
Net Debt 1 -1,619 -2,105 -754.3 -2,942 -3,247 -2,975 -4,499 -6,270
Reference price 2 242.00 315.30 348.30 343.50 600.00 753.20 753.20 753.20
Nbr of stocks (in thousands) 47,108 51,668 55,324 59,079 60,368 61,200 - -
Announcement Date 04/03/21 03/03/22 02/03/23 29/02/24 27/02/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
48.77x11.89x42.72x-.--% 54.11B
-31.96x81.09x-35.85x-.--% 42.02B
16.65x5.82x13.2x1.7% 39.6B
-23.83x3.27x-8.94x-.--% 22.8B
17.26x4.24x11.37x-.--% 19.5B
28.14x5.53x15.33x-.--% 17.76B
-513.74x29.73x701.05x-.--% 14.73B
-13.59x170.75x-26.62x-.--% 13.55B
-192.75x45.87x-186.28x-.--% 13.14B
-57.96x13.09x-55.48x-.--% 12.98B
Average -72.30x 37.13x 47.05x 0.17% 25.02B
Weighted average by Cap. -35.13x 32.22x 33.65x 0.27%
See all sector valuations

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