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 Fair zone, suggesting that its current forward PS ratio of 6.29 is considered Fairly compared with the five-year average of -6.17. The fair price of Galapagos NV (GLPG) is between 29.02 to 42.11 according to relative valuation methord.
Relative Value
Fair Zone
29.02-42.11
Current Price：31.72
Fair
-41.66
PE
1Y
3Y
5Y
Trailing
Forward
5.75
EV/EBITDA
Galapagos NV. (GLPG) has a current EV/EBITDA of 5.75. The 5-year average EV/EBITDA is 10.84. The thresholds are as follows: Strongly Undervalued below -2.69, Undervalued between -2.69 and 4.08, Fairly Valued between 17.61 and 4.08, Overvalued between 17.61 and 24.38, and Strongly Overvalued above 24.38. The current Forward EV/EBITDA of 5.75 falls within the Historic Trend Line -Fairly Valued range.
31.57
EV/EBIT
Galapagos NV. (GLPG) has a current EV/EBIT of 31.57. The 5-year average EV/EBIT is 9.31. The thresholds are as follows: Strongly Undervalued below -4.11, Undervalued between -4.11 and 2.60, Fairly Valued between 16.02 and 2.60, Overvalued between 16.02 and 22.72, and Strongly Overvalued above 22.72. The current Forward EV/EBIT of 31.57 falls within the Strongly Overvalued range.
6.32
PS
Galapagos NV. (GLPG) has a current PS of 6.32. The 5-year average PS is 7.00. The thresholds are as follows: Strongly Undervalued below 3.78, Undervalued between 3.78 and 5.39, Fairly Valued between 8.62 and 5.39, Overvalued between 8.62 and 10.23, and Strongly Overvalued above 10.23. The current Forward PS of 6.32 falls within the Historic Trend Line -Fairly Valued range.
-97.78
P/OCF
Galapagos NV. (GLPG) has a current P/OCF of -97.78. The 5-year average P/OCF is -11.17. The thresholds are as follows: Strongly Undervalued below -47.24, Undervalued between -47.24 and -29.20, Fairly Valued between 6.86 and -29.20, Overvalued between 6.86 and 24.89, and Strongly Overvalued above 24.89. The current Forward P/OCF of -97.78 falls within the Strongly Undervalued range.
-3.29
P/FCF
Galapagos NV. (GLPG) has a current P/FCF of -3.29. The 5-year average P/FCF is -5.72. The thresholds are as follows: Strongly Undervalued below -10.00, Undervalued between -10.00 and -7.86, Fairly Valued between -3.57 and -7.86, Overvalued between -3.57 and -1.43, and Strongly Overvalued above -1.43. The current Forward P/FCF of -3.29 falls within the Overvalued range.
Galapagos NV (GLPG) has a current Price-to-Book (P/B) ratio of 0.73. Compared to its 3-year average P/B ratio of 0.74 , the current P/B ratio is approximately -1.16% higher. Relative to its 5-year average P/B ratio of 1.00, the current P/B ratio is about -26.74% higher. Galapagos NV (GLPG) has a Forward Free Cash Flow (FCF) yield of approximately -16.22%. Compared to its 3-year average FCF yield of -21.05%, the current FCF yield is approximately -22.95% lower. Relative to its 5-year average FCF yield of -18.30% , the current FCF yield is about -11.37% lower.
0.73
P/B
Median3y
0.74
Median5y
1.00
-16.15
FCF Yield
Median3y
-21.05
Median5y
-18.30
Competitors Valuation Multiple
The average P/S ratio for GLPG's competitors is 6.32, providing a benchmark for relative valuation. Galapagos NV Corp (GLPG) exhibits a P/S ratio of 6.32, which is 0.00% 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
Performance Decomposition
1Y
3Y
5Y
Market capitalization of GLPG increased by 15.53% 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.
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FAQ
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