Galapagos NV
AEX:GLPG

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Galapagos NV
AEX:GLPG
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Price: 24.98 EUR 1.54% Market Closed
Market Cap: 1.6B EUR

Relative Value

The Relative Value of one GLPG stock under the Base Case scenario is 18.64 EUR. Compared to the current market price of 24.98 EUR, Galapagos NV is Overvalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GLPG Relative Value
Base Case
18.64 EUR
Overvaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
60
Median 3Y
4.6
Median 5Y
5.9
Industry
7.1
Forward
5.9
vs History
vs Industry
7
Median 3Y
-9.3
Median 5Y
-12.8
Industry
23
Forward
-22.7
vs History
vs Industry
Median 3Y
-5.2
Median 5Y
-5.6
Industry
19.4
vs History
vs Industry
Median 3Y
-4.3
Median 5Y
-4.9
Industry
23.1
vs History
92
vs Industry
69
Median 3Y
0.8
Median 5Y
1.1
Industry
2.6
vs History
vs Industry
Median 3Y
-3
Median 5Y
-2.7
Industry
7.5
Forward
-5.3
vs History
vs Industry
Median 3Y
-3.3
Median 5Y
-6.2
Industry
9.4
vs History
85
vs Industry
12
Median 3Y
12.5
Median 5Y
11.4
Industry
4.4
Forward
7.1
vs History
80
vs Industry
11
Median 3Y
9.4
Median 5Y
8.9
Industry
4.5
Forward
7.7
vs History
3
vs Industry
15
Median 3Y
3.5
Median 5Y
3
Industry
5.2
vs History
3
vs Industry
12
Median 3Y
3.3
Median 5Y
2.8
Industry
3.7
vs History
vs Industry
Median 3Y
-2.7
Median 5Y
-2.6
Industry
4.8

Multiples Across Competitors

GLPG Competitors Multiples
Galapagos NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BE
Galapagos NV
AEX:GLPG
1.6B EUR 5.6 -9.7 4.7 4.7
FR
Pharnext SCA
OTC:PNEXF
6T USD 34 706 638.2 -164 955.5 -200 308.6 -198 022.8
US
Abbvie Inc
NYSE:ABBV
335B USD 5.8 80.7 15.3 22.7
US
Amgen Inc
NASDAQ:AMGN
158.5B USD 4.6 26.7 14.4 23.7
US
Gilead Sciences Inc
NASDAQ:GILD
138.1B USD 4.8 23.1 10.1 13.9
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
115.2B USD 10.4 -116.9 24.7 25.9
US
Epizyme Inc
F:EPE
94.1B EUR 2 029.8 -518 -564 -549
AU
CSL Ltd
ASX:CSL
118.2B AUD 5.1 28 17.3 21.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
56.5B USD 4 12.6 11.1 12.5
US
Seagen Inc
F:SGT
39.3B EUR 19.6 -60 -64.6 -58.3
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
39.7B USD 16.9 -147.1 -658.4 -329.9
P/S Multiple
Revenue Growth P/S to Growth
BE
Galapagos NV
AEX:GLPG
Average P/S: 3 155 340.4
5.6
-2%
N/A
FR
Pharnext SCA
OTC:PNEXF
34 706 638.2
N/A N/A
US
Abbvie Inc
NYSE:ABBV
5.8
8%
0.7
US
Amgen Inc
NASDAQ:AMGN
4.6
4%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
4.8
3%
1.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
10.4
10%
1
US
E
Epizyme Inc
F:EPE
2 029.8
N/A N/A
AU
CSL Ltd
ASX:CSL
5.1
7%
0.7
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
4
4%
1
US
S
Seagen Inc
F:SGT
19.6
30%
0.7
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
16.9
29%
0.6
P/E Multiple
Earnings Growth PEG
BE
Galapagos NV
AEX:GLPG
Average P/E: 34.2
Negative Multiple: -9.7
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -164 955.5 N/A N/A
US
Abbvie Inc
NYSE:ABBV
80.7
88%
0.9
US
Amgen Inc
NASDAQ:AMGN
26.7
45%
0.6
US
Gilead Sciences Inc
NASDAQ:GILD
23.1
188%
0.1
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
Negative Multiple: -116.9 N/A N/A
US
E
Epizyme Inc
F:EPE
Negative Multiple: -518 N/A N/A
AU
CSL Ltd
ASX:CSL
28
16%
1.8
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
12.6
7%
1.8
US
S
Seagen Inc
F:SGT
Negative Multiple: -60 N/A N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
Negative Multiple: -147.1 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BE
Galapagos NV
AEX:GLPG
Average EV/EBITDA: 13.9
4.7
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -200 308.6 N/A N/A
US
Abbvie Inc
NYSE:ABBV
15.3
13%
1.2
US
Amgen Inc
NASDAQ:AMGN
14.4
17%
0.8
US
Gilead Sciences Inc
NASDAQ:GILD
10.1
6%
1.7
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
24.7
17%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -564 N/A N/A
AU
CSL Ltd
ASX:CSL
17.3
11%
1.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
11.1
11%
1
US
S
Seagen Inc
F:SGT
Negative Multiple: -64.6 N/A N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
Negative Multiple: -658.4 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BE
Galapagos NV
AEX:GLPG
Average EV/EBIT: 17.9
4.7
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -198 022.8 N/A N/A
US
Abbvie Inc
NYSE:ABBV
22.7
29%
0.8
US
Amgen Inc
NASDAQ:AMGN
23.7
32%
0.7
US
Gilead Sciences Inc
NASDAQ:GILD
13.9
11%
1.3
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
25.9
17%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -549 N/A N/A
AU
CSL Ltd
ASX:CSL
21.6
14%
1.5
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
12.5
11%
1.1
US
S
Seagen Inc
F:SGT
Negative Multiple: -58.3 N/A N/A
US
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY
Negative Multiple: -329.9 N/A N/A