GLPG Valuation

Galapagos NV

Add to Watchlist

Advanced Chart

31.490

-0.82(-2.538%)1D

GLPG Relative Valuation

GLPG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, GLPG is overvalued; if below, it's undervalued.

Historical Valuation

Galapagos NV (GLPG) is now in the Overvalued zone, suggesting that its current forward PS ratio of 27.88 is considered Overvalued compared with the five-year average of -5.69. The fair price of Galapagos NV (GLPG) is between 10.49 to 15.27 according to relative valuation methord. Compared to the current price of 31.61 USD , Galapagos NV is Overvalued By 107%.

Relative Value

Fair Zone

10.49-15.27

Current Price：31.61

107%

Overvalued

-42.57

Trailing

Forward

6.39

EV/EBITDA

Galapagos NV. (GLPG) has a current EV/EBITDA of 6.39. The 5-year average EV/EBITDA is 10.75. The thresholds are as follows: Strongly Undervalued below -3.37, Undervalued between -3.37 and 3.69, Fairly Valued between 17.81 and 3.69, Overvalued between 17.81 and 24.87, and Strongly Overvalued above 24.87. The current Forward EV/EBITDA of 6.39 falls within the Historic Trend Line -Fairly Valued range.

29.37

EV/EBIT

Galapagos NV. (GLPG) has a current EV/EBIT of 29.37. The 5-year average EV/EBIT is 8.44. The thresholds are as follows: Strongly Undervalued below -2.79, Undervalued between -2.79 and 2.82, Fairly Valued between 14.05 and 2.82, Overvalued between 14.05 and 19.67, and Strongly Overvalued above 19.67. The current Forward EV/EBIT of 29.37 falls within the Strongly Overvalued range.

27.88

Galapagos NV. (GLPG) has a current PS of 27.88. The 5-year average PS is 7.29. The thresholds are as follows: Strongly Undervalued below 2.03, Undervalued between 2.03 and 4.66, Fairly Valued between 9.92 and 4.66, Overvalued between 9.92 and 12.55, and Strongly Overvalued above 12.55. The current Forward PS of 27.88 falls within the Strongly Overvalued range.

-102.64

P/OCF

Galapagos NV. (GLPG) has a current P/OCF of -102.64. The 5-year average P/OCF is -7.98. The thresholds are as follows: Strongly Undervalued below -19.95, Undervalued between -19.95 and -13.97, Fairly Valued between -2.00 and -13.97, Overvalued between -2.00 and 3.98, and Strongly Overvalued above 3.98. The current Forward P/OCF of -102.64 falls within the Strongly Undervalued range.

-2.63

P/FCF

Galapagos NV. (GLPG) has a current P/FCF of -2.63. The 5-year average P/FCF is -5.86. The thresholds are as follows: Strongly Undervalued below -10.41, Undervalued between -10.41 and -8.14, Fairly Valued between -3.58 and -8.14, Overvalued between -3.58 and -1.30, and Strongly Overvalued above -1.30. The current Forward P/FCF of -2.63 falls within the Overvalued range.

Galapagos NV (GLPG) has a current Price-to-Book (P/B) ratio of 0.75. Compared to its 3-year average P/B ratio of 0.75 , the current P/B ratio is approximately 0.77% higher. Relative to its 5-year average P/B ratio of 1.02, the current P/B ratio is about -26.61% higher. Galapagos NV (GLPG) has a Forward Free Cash Flow (FCF) yield of approximately -15.38%. Compared to its 3-year average FCF yield of -21.25%, the current FCF yield is approximately -27.62% lower. Relative to its 5-year average FCF yield of -18.24% , the current FCF yield is about -15.64% lower.

0.75

P/B

Median3y

0.75

Median5y

1.02

-15.38

FCF Yield

Median3y

-21.25

Median5y

-18.24

Competitors Valuation Multiple

The average P/S ratio for GLPG's competitors is 24.01, providing a benchmark for relative valuation. Galapagos NV Corp (GLPG) exhibits a P/S ratio of 27.88, which is 16.11% above the industry average. Given its robust revenue growth of 18.90%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Edgewise Therapeutics Inc

Immunocore Holdings PLC

Performance Decomposition

Market capitalization of GLPG increased by 16.90% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -81.15 to -286.67.

The secondary factor is the Revenue Growth, contributed 18.90%to the performance.

Overall, the performance of GLPG in the past 1 year is driven by Margin Expansion. Which is more sustainable.

18.90%

59.85M → 71.16M

Revenue Growth

253.26%

-81.15 → -286.67

Margin Expansion

-255.26%

2.67 → -4.14

P/E Change

16.90%