INCYTE CORP (1INCY.MI) Fundamental Analysis & Valuation

BIT:1INCY • US45337C1027

Current stock price

95.3 EUR
+13.26 (+16.16%)
Last:

This 1INCY.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. 1INCY.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1INCY was profitable.
  • 1INCY had a positive operating cash flow in the past year.
  • 1INCY had positive earnings in 4 of the past 5 years.
  • Of the past 5 years 1INCY 4 years had a positive operating cash flow.
1INCY.MI Yearly Net Income VS EBIT VS OCF VS FCF1INCY.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M 800M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 18.78%, 1INCY belongs to the top of the industry, outperforming 92.77% of the companies in the same industry.
  • 1INCY has a better Return On Equity (25.55%) than 92.77% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 18.88%, 1INCY belongs to the top of the industry, outperforming 96.39% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for 1INCY is significantly below the industry average of 13.21%.
  • The last Return On Invested Capital (18.88%) for 1INCY is above the 3 year average (6.87%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 18.78%
ROE 25.55%
ROIC 18.88%
ROA(3y)5.08%
ROA(5y)5.23%
ROE(3y)6.75%
ROE(5y)6.82%
ROIC(3y)6.87%
ROIC(5y)N/A
1INCY.MI Yearly ROA, ROE, ROIC1INCY.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

1.3 Margins

  • The Profit Margin of 1INCY (24.69%) is better than 85.54% of its industry peers.
  • In the last couple of years the Profit Margin of 1INCY has declined.
  • 1INCY has a Operating Margin of 26.10%. This is amongst the best in the industry. 1INCY outperforms 84.34% of its industry peers.
  • In the last couple of years the Operating Margin of 1INCY has declined.
  • 1INCY has a better Gross Margin (93.47%) than 87.95% of its industry peers.
  • 1INCY's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 26.1%
PM (TTM) 24.69%
GM 93.47%
OM growth 3Y-50.23%
OM growth 5Y-33.03%
PM growth 3Y-71.07%
PM growth 5Y-48.24%
GM growth 3Y-0.87%
GM growth 5Y-0.53%
1INCY.MI Yearly Profit, Operating, Gross Margins1INCY.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. 1INCY.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1INCY is creating value.
  • Compared to 1 year ago, 1INCY has less shares outstanding
  • Compared to 5 years ago, 1INCY has less shares outstanding
  • Compared to 1 year ago, 1INCY has a worse debt to assets ratio.
1INCY.MI Yearly Shares Outstanding1INCY.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
1INCY.MI Yearly Total Debt VS Total Assets1INCY.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • 1INCY has an Altman-Z score of 9.72. This indicates that 1INCY is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 9.72, 1INCY belongs to the best of the industry, outperforming 86.75% of the companies in the same industry.
  • The Debt to FCF ratio of 1INCY is 0.03, which is an excellent value as it means it would take 1INCY, only 0.03 years of fcf income to pay off all of its debts.
  • 1INCY has a Debt to FCF ratio of 0.03. This is amongst the best in the industry. 1INCY outperforms 97.59% of its industry peers.
  • A Debt/Equity ratio of 0.01 indicates that 1INCY is not too dependend on debt financing.
  • With an excellent Debt to Equity ratio value of 0.01, 1INCY belongs to the best of the industry, outperforming 83.13% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.03
Altman-Z 9.72
ROIC/WACC2.13
WACC8.87%
1INCY.MI Yearly LT Debt VS Equity VS FCF1INCY.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B 5B

2.3 Liquidity

  • 1INCY has a Current Ratio of 3.20. This indicates that 1INCY is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 3.20, 1INCY is in the better half of the industry, outperforming 66.27% of the companies in the same industry.
  • 1INCY has a Quick Ratio of 3.13. This indicates that 1INCY is financially healthy and has no problem in meeting its short term obligations.
  • 1INCY's Quick ratio of 3.13 is fine compared to the rest of the industry. 1INCY outperforms 67.47% of its industry peers.
Industry RankSector Rank
Current Ratio 3.2
Quick Ratio 3.13
1INCY.MI Yearly Current Assets VS Current Liabilites1INCY.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. 1INCY.MI Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 575.79% over the past year.
  • 1INCY shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.21% yearly.
  • 1INCY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.09%.
  • Measured over the past years, 1INCY shows a quite strong growth in Revenue. The Revenue has been growing by 14.46% on average per year.
EPS 1Y (TTM)575.79%
EPS 3Y-21.7%
EPS 5Y-14.21%
EPS Q2Q%111.21%
Revenue 1Y (TTM)18.09%
Revenue growth 3Y12.41%
Revenue growth 5Y14.46%
Sales Q2Q%20.05%

3.2 Future

  • Based on estimates for the next years, 1INCY will show a very strong growth in Earnings Per Share. The EPS will grow by 29.11% on average per year.
  • 1INCY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.31% yearly.
EPS Next Y428.71%
EPS Next 2Y146.91%
EPS Next 3Y91%
EPS Next 5Y29.11%
Revenue Next Year18.23%
Revenue Next 2Y14.6%
Revenue Next 3Y12.92%
Revenue Next 5Y1.31%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
1INCY.MI Yearly Revenue VS Estimates1INCY.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B
1INCY.MI Yearly EPS VS Estimates1INCY.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 2 4 6 8 10

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Find the best growth stocksShow best growing peers

8

4. 1INCY.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 17.23, the valuation of 1INCY can be described as rather expensive.
  • Based on the Price/Earnings ratio, 1INCY is valued cheaply inside the industry as 86.75% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.18, 1INCY is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 13.76, which indicates a correct valuation of 1INCY.
  • Based on the Price/Forward Earnings ratio, 1INCY is valued cheaply inside the industry as 96.39% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 37.96. 1INCY is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 17.23
Fwd PE 13.76
1INCY.MI Price Earnings VS Forward Price Earnings1INCY.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 1INCY is valued cheaper than 83.13% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, 1INCY is valued cheaply inside the industry as 89.16% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 18.16
EV/EBITDA 13.62
1INCY.MI Per share data1INCY.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of 1INCY may justify a higher PE ratio.
  • A more expensive valuation may be justified as 1INCY's earnings are expected to grow with 91.00% in the coming years.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y146.91%
EPS Next 3Y91%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. 1INCY.MI Dividend Analysis

5.1 Amount

  • No dividends for 1INCY!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

1INCY.MI Fundamentals: All Metrics, Ratios and Statistics

INCYTE CORP

BIT:1INCY (1/7/2026, 7:00:00 PM)

95.3

+13.26 (+16.16%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)10-28
Earnings (Next)02-09
Inst Owners105.27%
Inst Owner ChangeN/A
Ins Owners0.96%
Ins Owner ChangeN/A
Market Cap18.71B
Revenue(TTM)4.81B
Net Income(TTM)1.19B
Analysts75.63
Price Target89.04 (-6.57%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)19.23%
Min EPS beat(2)4.72%
Max EPS beat(2)33.74%
EPS beat(4)3
Avg EPS beat(4)10.09%
Min EPS beat(4)-10.01%
Max EPS beat(4)33.74%
EPS beat(8)3
Avg EPS beat(8)-1.54%
EPS beat(12)6
Avg EPS beat(12)-3.05%
EPS beat(16)7
Avg EPS beat(16)-8.28%
Revenue beat(2)2
Avg Revenue beat(2)5.08%
Min Revenue beat(2)3.45%
Max Revenue beat(2)6.72%
Revenue beat(4)4
Avg Revenue beat(4)3.8%
Min Revenue beat(4)1.09%
Max Revenue beat(4)6.72%
Revenue beat(8)5
Avg Revenue beat(8)1.4%
Revenue beat(12)7
Avg Revenue beat(12)0.24%
Revenue beat(16)9
Avg Revenue beat(16)0.48%
PT rev (1m)7.85%
PT rev (3m)32.6%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)26.48%
EPS NY rev (1m)0%
EPS NY rev (3m)14.17%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)6.25%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)9.12%
Valuation
Industry RankSector Rank
PE 17.23
Fwd PE 13.76
P/S 4.52
P/FCF 18.16
P/OCF 17.37
P/B 4.67
P/tB 4.97
EV/EBITDA 13.62
EPS(TTM)5.53
EY5.8%
EPS(NY)6.93
Fwd EY7.27%
FCF(TTM)5.25
FCFY5.51%
OCF(TTM)5.49
OCFY5.76%
SpS21.1
BVpS20.39
TBVpS19.19
PEG (NY)0.04
PEG (5Y)N/A
Graham Number50.37
Profitability
Industry RankSector Rank
ROA 18.78%
ROE 25.55%
ROCE 25.17%
ROIC 18.88%
ROICexc 45.7%
ROICexgc 52.73%
OM 26.1%
PM (TTM) 24.69%
GM 93.47%
FCFM 24.87%
ROA(3y)5.08%
ROA(5y)5.23%
ROE(3y)6.75%
ROE(5y)6.82%
ROIC(3y)6.87%
ROIC(5y)N/A
ROICexc(3y)24.04%
ROICexc(5y)N/A
ROICexgc(3y)30%
ROICexgc(5y)N/A
ROCE(3y)9.17%
ROCE(5y)N/A
ROICexgc growth 3Y-34.92%
ROICexgc growth 5Y-33.44%
ROICexc growth 3Y-36.33%
ROICexc growth 5Y-29.08%
OM growth 3Y-50.23%
OM growth 5Y-33.03%
PM growth 3Y-71.07%
PM growth 5Y-48.24%
GM growth 3Y-0.87%
GM growth 5Y-0.53%
F-Score7
Asset Turnover0.76
Health
Industry RankSector Rank
Debt/Equity 0.01
Debt/FCF 0.03
Debt/EBITDA 0.02
Cap/Depr 59.08%
Cap/Sales 1.13%
Interest Coverage 250
Cash Conversion 92.81%
Profit Quality 100.71%
Current Ratio 3.2
Quick Ratio 3.13
Altman-Z 9.72
F-Score7
WACC8.87%
ROIC/WACC2.13
Cap/Depr(3y)83.51%
Cap/Depr(5y)185.09%
Cap/Sales(3y)1.73%
Cap/Sales(5y)3.66%
Profit Quality(3y)367.72%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)575.79%
EPS 3Y-21.7%
EPS 5Y-14.21%
EPS Q2Q%111.21%
EPS Next Y428.71%
EPS Next 2Y146.91%
EPS Next 3Y91%
EPS Next 5Y29.11%
Revenue 1Y (TTM)18.09%
Revenue growth 3Y12.41%
Revenue growth 5Y14.46%
Sales Q2Q%20.05%
Revenue Next Year18.23%
Revenue Next 2Y14.6%
Revenue Next 3Y12.92%
Revenue Next 5Y1.31%
EBIT growth 1Y6374.01%
EBIT growth 3Y-44.05%
EBIT growth 5Y-23.34%
EBIT Next Year366.76%
EBIT Next 3Y85.61%
EBIT Next 5Y26.81%
FCF growth 1Y106.03%
FCF growth 3Y-24.05%
FCF growth 5Y-17.01%
OCF growth 1Y97.88%
OCF growth 3Y-23.52%
OCF growth 5Y-13.95%

INCYTE CORP / 1INCY.MI Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for INCYTE CORP?

ChartMill assigns a fundamental rating of 7 / 10 to 1INCY.MI.


What is the valuation status of INCYTE CORP (1INCY.MI) stock?

ChartMill assigns a valuation rating of 8 / 10 to INCYTE CORP (1INCY.MI). This can be considered as Undervalued.


What is the profitability of 1INCY stock?

INCYTE CORP (1INCY.MI) has a profitability rating of 7 / 10.


What are the PE and PB ratios of INCYTE CORP (1INCY.MI) stock?

The Price/Earnings (PE) ratio for INCYTE CORP (1INCY.MI) is 17.23 and the Price/Book (PB) ratio is 4.67.


How financially healthy is INCYTE CORP?

The financial health rating of INCYTE CORP (1INCY.MI) is 9 / 10.