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 74,127 104,849 103,707 115,026 130,897 - -
Change - 32.76% 41.44% -1.09% 10.91% 13.8% - -
Enterprise Value (EV) 1 48,309 63,349 93,630 97,591 108,418 116,656 112,460 106,499
Change - 31.13% 47.8% 4.23% 11.09% 7.6% -3.6% -5.3%
P/E 24.4x 22.5x 29.3x -194x 29.6x 29.8x 24.5x 20.3x
PBR 5.53x 5.33x 5.96x 6.4x 6.17x 5.59x 4.65x 3.84x
PEG - 0.5x 3.51x 2x -0x 2.8x 1.1x 1x
Capitalization / Revenue 7.37x 8.3x 10.6x 9.41x 9.58x 9.92x 8.98x 8x
EV / Revenue 6.38x 7.09x 9.49x 8.86x 9.03x 8.85x 7.71x 6.51x
EV / EBITDA 10.8x 12.8x 20.6x 108x 19.8x 20x 16.7x 13.7x
EV / EBIT 11.1x 13.2x 21.4x 140x 20.6x 20.8x 17.3x 13.8x
EV / FCF 20.1x 16.1x 28.1x -123x 33.9x 23.1x 19.9x 14.3x
FCF Yield 4.99% 6.2% 3.56% -0.81% 2.95% 4.33% 5.01% 7.01%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.01 12.82 13.89 -2.08 15.32 16.98 20.64 24.93
Distribution rate - - - - - - - -
Net sales 1 7,574 8,931 9,869 11,020 12,001 13,189 14,584 16,361
EBITDA 1 4,470 4,941 4,556 902.8 5,473 5,831 6,737 7,772
EBIT 1 4,344 4,793 4,375 695.6 5,263 5,599 6,510 7,699
Net income 1 2,342 3,322 3,620 -535.6 3,953 4,316 5,214 6,381
Net Debt 1 -7,525 -10,778 -11,218 -6,116 -6,608 -14,241 -18,437 -24,399
Reference price 2 219.60 288.78 406.89 402.70 453.36 505.75 505.75 505.75
Nbr of stocks (in thousands) 254,252 256,691 257,683 257,529 253,719 253,461 - -
Announcement Date 26/1/22 7/2/23 5/2/24 10/2/25 12/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.42x8.85x20.01x-.--% 131B
34.32x12.47x25.45x0.57% 1,078B
29.15x - - 2.05% 632B
32.02x7.45x15.48x2.73% 443B
20.19x4.79x11.87x2.76% 356B
21.62x5.6x13.97x2.87% 289B
20.24x4.18x11.87x2.1% 245B
26.43x6.88x12.21x2.41% 226B
13.48x4.84x10.07x3.78% 204B
-42.9x6.13x34.58x2.39% 171B
Average 18.50x 6.80x 17.28x 2.17% 377.46B
Weighted average by Cap. 24.73x 8.22x 18.71x 1.9%

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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