Company Valuation: Vertex Pharmaceuticals Incorporated

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 55,834 74,127 104,849 103,707 115,026 121,400 - -
Change - 32.76% 41.44% -1.09% 10.91% 5.54% - -
Enterprise Value (EV) 1 48,309 63,349 93,630 97,591 108,418 107,016 102,273 95,187
Change - 31.13% 47.8% 4.23% 11.09% -1.29% -4.43% -6.93%
P/E ratio 24.4x 22.5x 29.3x -194x 29.6x 27.2x 24x 21.5x
PBR 5.53x 5.33x 5.96x 6.4x 6.17x 5.36x 4.52x 3.84x
PEG - 0.5x 3.51x 2x -0x 1.9x 1.8x 1.9x
Capitalization / Revenue 7.37x 8.3x 10.6x 9.41x 9.58x 9.32x 8.47x 7.68x
EV / Revenue 6.38x 7.09x 9.49x 8.86x 9.03x 8.21x 7.13x 6.02x
EV / EBITDA 10.8x 12.8x 20.6x 108x 19.8x 18.5x 15.1x 12.6x
EV / EBIT 11.1x 13.2x 21.4x 140x 20.6x 19.1x 15.8x 12.9x
EV / FCF 20.1x 16.1x 28.1x -123x 33.9x 23.1x 19.8x 16.6x
FCF Yield 4.99% 6.2% 3.56% -0.81% 2.95% 4.33% 5.05% 6.04%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.01 12.82 13.89 -2.08 15.32 17.54 19.93 22.18
Distribution rate - - - - - - - -
Net sales 1 7,574 8,931 9,869 11,020 12,001 13,029 14,337 15,815
EBITDA 1 4,470 4,941 4,556 902.8 5,473 5,800 6,780 7,555
EBIT 1 4,344 4,793 4,375 695.6 5,263 5,615 6,470 7,400
Net income 1 2,342 3,322 3,620 -535.6 3,953 4,496 5,123 5,591
Net Debt 1 -7,525 -10,778 -11,218 -6,116 -6,608 -14,384 -19,127 -26,213
Reference price 2 219.60 288.78 406.89 402.70 453.36 477.89 477.89 477.89
Nbr of stocks (in thousands) 254,252 256,691 257,683 257,529 253,719 254,034 - -
Announcement Date 26/01/22 07/02/23 05/02/24 10/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.24x8.21x18.45x-.--% 121B
29.49x11.11x22.31x0.66% 897B
24.97x6.05x16.49x2.16% 591B
25.65x6.99x14.03x2.93% 418B
19.12x4.71x11.64x2.8% 368B
25.48x5.28x14.64x1.65% 313B
22.17x5.97x14.72x2.69% 312B
28.12x4.91x15.36x2.81% 297B
25.52x6.45x11.47x2.65% 204B
20.55x6.25x11.3x2.2% 184B
Average 24.83x 6.59x 15.04x 2.06% 370.51B
Weighted average by Cap. 25.51x 7.19x 16.27x 1.96%

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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