INCY Relative Valuation
INCY'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, INCY is overvalued; if below, it's undervalued.
Historical Valuation
Incyte Corp (INCY) is now in the Fair zone, suggesting that its current forward PE ratio of 12.95 is considered Fairly compared with the five-year average of 19.24. The fair price of Incyte Corp (INCY) is between 91.98 to 182.84 according to relative valuation methord.
Relative Value
Fair Zone
91.98-182.84
Current Price：96.10
Fair
12.74
PE
1Y
3Y
5Y
Trailing
Forward
8.86
EV/EBITDA
Incyte Corp. (INCY) has a current EV/EBITDA of 8.86. The 5-year average EV/EBITDA is 14.58. The thresholds are as follows: Strongly Undervalued below 2.63, Undervalued between 2.63 and 8.60, Fairly Valued between 20.56 and 8.60, Overvalued between 20.56 and 26.54, and Strongly Overvalued above 26.54. The current Forward EV/EBITDA of 8.86 falls within the Historic Trend Line -Fairly Valued range.
7.97
EV/EBIT
Incyte Corp. (INCY) has a current EV/EBIT of 7.97. The 5-year average EV/EBIT is 16.75. The thresholds are as follows: Strongly Undervalued below 1.38, Undervalued between 1.38 and 9.06, Fairly Valued between 24.43 and 9.06, Overvalued between 24.43 and 32.11, and Strongly Overvalued above 32.11. The current Forward EV/EBIT of 7.97 falls within the Undervalued range.
3.50
PS
Incyte Corp. (INCY) has a current PS of 3.50. The 5-year average PS is 4.11. The thresholds are as follows: Strongly Undervalued below 1.80, Undervalued between 1.80 and 2.95, Fairly Valued between 5.26 and 2.95, Overvalued between 5.26 and 6.41, and Strongly Overvalued above 6.41. The current Forward PS of 3.50 falls within the Historic Trend Line -Fairly Valued range.
9.19
P/OCF
Incyte Corp. (INCY) has a current P/OCF of 9.19. The 5-year average P/OCF is 18.17. The thresholds are as follows: Strongly Undervalued below 5.89, Undervalued between 5.89 and 12.03, Fairly Valued between 24.31 and 12.03, Overvalued between 24.31 and 30.45, and Strongly Overvalued above 30.45. The current Forward P/OCF of 9.19 falls within the Undervalued range.
13.55
P/FCF
Incyte Corp. (INCY) has a current P/FCF of 13.55. The 5-year average P/FCF is 24.18. The thresholds are as follows: Strongly Undervalued below -1.24, Undervalued between -1.24 and 11.47, Fairly Valued between 36.89 and 11.47, Overvalued between 36.89 and 49.60, and Strongly Overvalued above 49.60. The current Forward P/FCF of 13.55 falls within the Historic Trend Line -Fairly Valued range.
Incyte Corp (INCY) has a current Price-to-Book (P/B) ratio of 4.05. Compared to its 3-year average P/B ratio of 3.46 , the current P/B ratio is approximately 17.09% higher. Relative to its 5-year average P/B ratio of 4.16, the current P/B ratio is about -2.69% higher. Incyte Corp (INCY) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 3.55%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 3.25% , the current FCF yield is about -100.00% lower.
3.98
P/B
Median3y
3.46
Median5y
4.16
6.34
FCF Yield
Median3y
3.55
Median5y
3.25
Competitors Valuation Multiple
The average P/S ratio for INCY's competitors is 210.11, providing a benchmark for relative valuation. Incyte Corp Corp (INCY) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 20.05%, this premium appears sustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of INCY increased by 39.13% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 9.36 to 31.05.
The secondary factor is the Revenue Growth, contributed 20.05%to the performance.
Overall, the performance of INCY in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
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