GALAPAGOS NV (GLPG.AS) Fundamental Analysis & Valuation

AMS:GLPG • BE0003818359

Current stock price

25.6 EUR
-0.34 (-1.31%)
Last:

This GLPG.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. GLPG.AS Profitability Analysis

1.1 Basic Checks

  • GLPG had positive earnings in the past year.
  • GLPG had a negative operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: GLPG reported negative net income in multiple years.
  • In the past 5 years GLPG always reported negative operating cash flow.
GLPG.AS Yearly Net Income VS EBIT VS OCF VS FCFGLPG.AS 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 2025 0 1B 2B 3B

1.2 Ratios

  • GLPG's Return On Assets of 9.42% is amongst the best of the industry. GLPG outperforms 87.50% of its industry peers.
  • The Return On Equity of GLPG (9.92%) is better than 82.50% of its industry peers.
  • GLPG has a Return On Invested Capital of 12.06%. This is amongst the best in the industry. GLPG outperforms 87.50% of its industry peers.
Industry RankSector Rank
ROA 9.42%
ROE 9.92%
ROIC 12.06%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
GLPG.AS Yearly ROA, ROE, ROICGLPG.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 -10

1.3 Margins

  • GLPG has a Profit Margin of 28.85%. This is amongst the best in the industry. GLPG outperforms 86.25% of its industry peers.
  • GLPG's Operating Margin of 47.04% is amongst the best of the industry. GLPG outperforms 96.25% of its industry peers.
  • GLPG has a better Gross Margin (97.33%) than 93.75% of its industry peers.
  • GLPG's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 47.04%
PM (TTM) 28.85%
GM 97.33%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-20.64%
GM growth 5YN/A
GLPG.AS Yearly Profit, Operating, Gross MarginsGLPG.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100 150

7

2. GLPG.AS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GLPG is still creating some value.
  • There is no outstanding debt for GLPG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
GLPG.AS Yearly Shares OutstandingGLPG.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
GLPG.AS Yearly Total Debt VS Total AssetsGLPG.AS 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

  • An Altman-Z score of 7.88 indicates that GLPG is not in any danger for bankruptcy at the moment.
  • GLPG's Altman-Z score of 7.88 is amongst the best of the industry. GLPG outperforms 82.50% of its industry peers.
  • GLPG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
  • With an excellent Debt to Equity ratio value of 0.00, GLPG belongs to the best of the industry, outperforming 96.25% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 7.88
ROIC/WACC1.52
WACC7.93%
GLPG.AS Yearly LT Debt VS Equity VS FCFGLPG.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B

2.3 Liquidity

  • A Current Ratio of 20.15 indicates that GLPG has no problem at all paying its short term obligations.
  • GLPG has a better Current ratio (20.15) than 98.75% of its industry peers.
  • A Quick Ratio of 20.00 indicates that GLPG has no problem at all paying its short term obligations.
  • The Quick ratio of GLPG (20.00) is better than 98.75% of its industry peers.
Industry RankSector Rank
Current Ratio 20.15
Quick Ratio 20
GLPG.AS Yearly Current Assets VS Current LiabilitesGLPG.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

4

3. GLPG.AS Growth Analysis

3.1 Past

  • GLPG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 334.82%, which is quite impressive.
  • The Revenue has grown by 280.53% in the past year. This is a very strong growth!
  • The Revenue has been growing by 15.97% on average over the past years. This is quite good.
EPS 1Y (TTM)334.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%3023.68%
Revenue 1Y (TTM)280.53%
Revenue growth 3Y58.87%
Revenue growth 5Y15.97%
Sales Q2Q%1093.16%

3.2 Future

  • The Earnings Per Share is expected to decrease by -23.10% on average over the next years. This is quite bad
  • Based on estimates for the next years, GLPG will show a very negative growth in Revenue. The Revenue will decrease by -30.71% on average per year.
EPS Next Y-150.44%
EPS Next 2Y-64.81%
EPS Next 3Y-30.23%
EPS Next 5Y-23.1%
Revenue Next Year-0.05%
Revenue Next 2Y-2.62%
Revenue Next 3Y-0.5%
Revenue Next 5Y-30.71%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GLPG.AS Yearly Revenue VS EstimatesGLPG.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 200M 400M 600M 800M 1B
GLPG.AS Yearly EPS VS EstimatesGLPG.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 -2 4 -4

2

4. GLPG.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 5.26, the valuation of GLPG can be described as very cheap.
  • GLPG's Price/Earnings ratio is rather cheap when compared to the industry. GLPG is cheaper than 96.25% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.60, GLPG is valued rather cheaply.
  • GLPG is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE 5.26
Fwd PE N/A
GLPG.AS Price Earnings VS Forward Price EarningsGLPG.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
GLPG.AS Per share dataGLPG.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • A cheap valuation may be justified as GLPG's earnings are expected to decrease with -30.23% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-64.81%
EPS Next 3Y-30.23%

0

5. GLPG.AS Dividend Analysis

5.1 Amount

  • GLPG does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

GLPG.AS Fundamentals: All Metrics, Ratios and Statistics

GALAPAGOS NV

AMS:GLPG (4/2/2026, 7:00:00 PM)

25.6

-0.34 (-1.31%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)02-24
Earnings (Next)N/A
Inst Owners25.24%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap1.69B
Revenue(TTM)1.11B
Net Income(TTM)320.88M
Analysts52.22
Price Target30.17 (17.85%)
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 Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9817.73%
Min EPS beat(2)-19965.4%
Max EPS beat(2)329.9%
EPS beat(4)1
Avg EPS beat(4)-5598.11%
Min EPS beat(4)-19965.4%
Max EPS beat(4)329.9%
EPS beat(8)4
Avg EPS beat(8)-2634.25%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)487.53%
Min Revenue beat(2)-2.86%
Max Revenue beat(2)977.92%
Revenue beat(4)2
Avg Revenue beat(4)242.29%
Min Revenue beat(4)-10.27%
Max Revenue beat(4)977.92%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.1%
PT rev (3m)-1.84%
EPS NQ rev (1m)-16.45%
EPS NQ rev (3m)-16.45%
EPS NY rev (1m)-36.8%
EPS NY rev (3m)-34.29%
Revenue NQ rev (1m)-0.4%
Revenue NQ rev (3m)-0.4%
Revenue NY rev (1m)-0.46%
Revenue NY rev (3m)-0.5%
Valuation
Industry RankSector Rank
PE 5.26
Fwd PE N/A
P/S 1.52
P/FCF N/A
P/OCF N/A
P/B 0.52
P/tB 0.52
EV/EBITDA N/A
EPS(TTM)4.87
EY19.02%
EPS(NY)-2.46
Fwd EYN/A
FCF(TTM)-4.12
FCFYN/A
OCF(TTM)-3.91
OCFYN/A
SpS16.88
BVpS49.1
TBVpS49.09
PEG (NY)N/A
PEG (5Y)N/A
Graham Number73.35
Profitability
Industry RankSector Rank
ROA 9.42%
ROE 9.92%
ROCE 16.08%
ROIC 12.06%
ROICexc 153.5%
ROICexgc 154.01%
OM 47.04%
PM (TTM) 28.85%
GM 97.33%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-20.64%
GM growth 5YN/A
F-Score6
Asset Turnover0.33
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 1.25%
Interest Coverage 1127.48
Cash Conversion N/A
Profit Quality N/A
Current Ratio 20.15
Quick Ratio 20
Altman-Z 7.88
F-Score6
WACC7.93%
ROIC/WACC1.52
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)13.02%
Cap/Sales(5y)12.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)334.82%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%3023.68%
EPS Next Y-150.44%
EPS Next 2Y-64.81%
EPS Next 3Y-30.23%
EPS Next 5Y-23.1%
Revenue 1Y (TTM)280.53%
Revenue growth 3Y58.87%
Revenue growth 5Y15.97%
Sales Q2Q%1093.16%
Revenue Next Year-0.05%
Revenue Next 2Y-2.62%
Revenue Next 3Y-0.5%
Revenue Next 5Y-30.71%
EBIT growth 1Y377.81%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year27.8%
EBIT Next 3Y20.58%
EBIT Next 5Y15.02%
FCF growth 1Y32.53%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y19.55%
OCF growth 3YN/A
OCF growth 5YN/A

GALAPAGOS NV / GLPG.AS Fundamental Analysis FAQ

What is the fundamental rating for GLPG stock?

ChartMill assigns a fundamental rating of 5 / 10 to GLPG.AS.


Can you provide the valuation status for GALAPAGOS NV?

ChartMill assigns a valuation rating of 2 / 10 to GALAPAGOS NV (GLPG.AS). This can be considered as Overvalued.


How profitable is GALAPAGOS NV (GLPG.AS) stock?

GALAPAGOS NV (GLPG.AS) has a profitability rating of 5 / 10.


What is the financial health of GALAPAGOS NV (GLPG.AS) stock?

The financial health rating of GALAPAGOS NV (GLPG.AS) is 7 / 10.