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GALAPAGOS NV-SPON ADR (GLPG) Stock Fundamental Analysis

USA - NASDAQ:GLPG - US36315X1019 - ADR

32.03 USD
+0.16 (+0.5%)
Last: 10/23/2025, 4:10:10 PM
32.03 USD
0 (0%)
After Hours: 10/23/2025, 4:10:10 PM
Fundamental Rating

2

Taking everything into account, GLPG scores 2 out of 10 in our fundamental rating. GLPG was compared to 534 industry peers in the Biotechnology industry. While GLPG seems to be doing ok healthwise, there are quite some concerns on its profitability. GLPG does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

GLPG had negative earnings in the past year.
In the past year GLPG has reported a negative cash flow from operations.
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 Yearly Net Income VS EBIT VS OCF VS FCFGLPG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

1.2 Ratios

GLPG has a Return On Assets of -7.45%. This is amongst the best in the industry. GLPG outperforms 86.14% of its industry peers.
Looking at the Return On Equity, with a value of -10.75%, GLPG belongs to the top of the industry, outperforming 87.83% of the companies in the same industry.
Industry RankSector Rank
ROA -7.45%
ROE -10.75%
ROIC N/A
ROA(3y)0.68%
ROA(5y)-1.06%
ROE(3y)0.5%
ROE(5y)-2.77%
ROIC(3y)N/A
ROIC(5y)N/A
GLPG Yearly ROA, ROE, ROICGLPG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20 -30

1.3 Margins

GLPG's Profit Margin has improved in the last couple of years.
GLPG has a Gross Margin of 87.59%. This is amongst the best in the industry. GLPG outperforms 89.51% of its industry peers.
GLPG's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for GLPG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 87.59%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y9.7%
GM growth 3Y-4.31%
GM growth 5YN/A
GLPG Yearly Profit, Operating, Gross MarginsGLPG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100

4

2. Health

2.1 Basic Checks

GLPG does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GLPG remains at a similar level compared to 1 year ago.
GLPG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GLPG has a worse debt to assets ratio.
GLPG Yearly Shares OutstandingGLPG Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
GLPG Yearly Total Debt VS Total AssetsGLPG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

GLPG has an Altman-Z score of 1.46. This is a bad value and indicates that GLPG is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.46, GLPG is in the better half of the industry, outperforming 62.92% of the companies in the same industry.
GLPG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
GLPG's Debt to Equity ratio of 0.00 is in line compared to the rest of the industry. GLPG outperforms 47.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 1.46
ROIC/WACCN/A
WACC7.89%
GLPG Yearly LT Debt VS Equity VS FCFGLPG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

2.3 Liquidity

GLPG has a Current Ratio of 8.08. This indicates that GLPG is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.08, GLPG is in the better half of the industry, outperforming 73.60% of the companies in the same industry.
GLPG has a Quick Ratio of 7.99. This indicates that GLPG is financially healthy and has no problem in meeting its short term obligations.
GLPG has a better Quick ratio (7.99) than 73.60% of its industry peers.
Industry RankSector Rank
Current Ratio 8.08
Quick Ratio 7.99
GLPG Yearly Current Assets VS Current LiabilitesGLPG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

1

3. Growth

3.1 Past

GLPG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -200.70%.
Measured over the past years, GLPG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.47% on average per year.
GLPG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -52.50%.
GLPG shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -20.82% yearly.
EPS 1Y (TTM)-200.7%
EPS 3YN/A
EPS 5Y-12.47%
EPS Q2Q%-1242.86%
Revenue 1Y (TTM)-52.5%
Revenue growth 3Y-20.01%
Revenue growth 5Y-20.82%
Sales Q2Q%-16.16%

3.2 Future

GLPG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -40.74% yearly.
GLPG is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.05% yearly.
EPS Next Y-346.2%
EPS Next 2Y-84.1%
EPS Next 3Y-65.78%
EPS Next 5Y-40.74%
Revenue Next Year-5.39%
Revenue Next 2Y-2.52%
Revenue Next 3Y-4.07%
Revenue Next 5Y-0.05%

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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
GLPG Yearly Revenue VS EstimatesGLPG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 200M 400M 600M 800M
GLPG Yearly EPS VS EstimatesGLPG Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 -2 4 -4

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for GLPG. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for GLPG. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
GLPG Price Earnings VS Forward Price EarningsGLPG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

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

4.3 Compensation for Growth

GLPG's earnings are expected to decrease with -65.78% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-84.1%
EPS Next 3Y-65.78%

0

5. Dividend

5.1 Amount

No dividends for GLPG!.
Industry RankSector Rank
Dividend Yield N/A

GALAPAGOS NV-SPON ADR

NASDAQ:GLPG (10/23/2025, 4:10:10 PM)

After market: 32.03 0 (0%)

32.03

+0.16 (+0.5%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryBiotechnology
Earnings (Last)07-23 2025-07-23/amc
Earnings (Next)11-05 2025-11-05
Inst Owners25.23%
Inst Owner Change0.15%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap2.11B
Revenue(TTM)275.61M
Net Income(TTM)-284274000
Analysts48.24
Price Target35.19 (9.87%)
Short Float %3.35%
Short Ratio5.88
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)0
Avg EPS beat(2)-1378.49%
Min EPS beat(2)-1682.53%
Max EPS beat(2)-1074.45%
EPS beat(4)1
Avg EPS beat(4)-663.96%
Min EPS beat(4)-1682.53%
Max EPS beat(4)154.1%
EPS beat(8)5
Avg EPS beat(8)-142.38%
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)-2.96%
Min Revenue beat(2)-10.27%
Max Revenue beat(2)4.35%
Revenue beat(4)1
Avg Revenue beat(4)-8.31%
Min Revenue beat(4)-15.5%
Max Revenue beat(4)4.35%
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)0.04%
PT rev (3m)1.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)86.57%
EPS NY rev (1m)0%
EPS NY rev (3m)-151.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.89%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.99%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 6.61
P/FCF N/A
P/OCF N/A
P/B 0.69
P/tB 0.75
EV/EBITDA N/A
EPS(TTM)-5.02
EYN/A
EPS(NY)-1.81
Fwd EYN/A
FCF(TTM)-5.24
FCFYN/A
OCF(TTM)-4.9
OCFYN/A
SpS4.85
BVpS46.49
TBVpS42.68
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -7.45%
ROE -10.75%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 87.59%
FCFM N/A
ROA(3y)0.68%
ROA(5y)-1.06%
ROE(3y)0.5%
ROE(5y)-2.77%
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 5Y9.7%
GM growth 3Y-4.31%
GM growth 5YN/A
F-Score1
Asset Turnover0.07
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 30.4%
Cap/Sales 7.05%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 8.08
Quick Ratio 7.99
Altman-Z 1.46
F-Score1
WACC7.89%
ROIC/WACCN/A
Cap/Depr(3y)93.66%
Cap/Depr(5y)187.37%
Cap/Sales(3y)17.05%
Cap/Sales(5y)15.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-200.7%
EPS 3YN/A
EPS 5Y-12.47%
EPS Q2Q%-1242.86%
EPS Next Y-346.2%
EPS Next 2Y-84.1%
EPS Next 3Y-65.78%
EPS Next 5Y-40.74%
Revenue 1Y (TTM)-52.5%
Revenue growth 3Y-20.01%
Revenue growth 5Y-20.82%
Sales Q2Q%-16.16%
Revenue Next Year-5.39%
Revenue Next 2Y-2.52%
Revenue Next 3Y-4.07%
Revenue Next 5Y-0.05%
EBIT growth 1Y-98.65%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-29.52%
EBIT Next 3Y-12.01%
EBIT Next 5Y14.78%
FCF growth 1Y45.3%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y46.13%
OCF growth 3YN/A
OCF growth 5YN/A