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Almirall SA
MAD:ALM

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Almirall SA
MAD:ALM
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Price: 12.66 EUR -0.47% Market Closed
Market Cap: €2.7B

P/B

1.8
Current
39%
More Expensive
vs 3-y average of 1.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
€2.8B
/
Total Equity
€1.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
€2.8B
/
Total Equity
€1.5B

Valuation Scenarios

Almirall SA is trading above its 3-year average

If P/B returns to its 3-Year Average (1.3), the stock would be worth €9.11 (28% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-28%
Maximum Upside
+19%
Average Downside
6%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.8 €12.66
0%
3-Year Average 1.3 €9.11
-28%
5-Year Average 1.4 €9.66
-24%
Industry Average 2.2 €15.13
+19%
Country Average 2 €13.54
+7%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

In line with most companies in Spain
Percentile
47th
Based on 667 companies
47th percentile
1.8
Low
0.4 — 1.4
Typical Range
1.4 — 2.9
High
2.9 —
Distribution Statistics
Spain
Min 0.4
30th Percentile 1.4
Median 2
70th Percentile 2.9
Max 56.2

Almirall SA
Glance View

Market Cap
2.7B EUR
Industry
Pharmaceuticals

Almirall SA, a venerable player in the pharmaceutical industry, has its roots deeply embedded in the Spanish landscape where it began its journey in 1943. With a commitment to innovation and a keen focus on dermatology, the company has carved out a significant niche for itself. Almirall's core strategy revolves around the development, manufacturing, and commercialization of its proprietary medications, particularly those targeting skin conditions such as psoriasis and atopic dermatitis. By investing heavily in research and development, Almirall ensures its pipeline remains robust with promising drug candidates and innovative therapies that can meet the unmet needs of dermatology patients. This focus gives them a strategic edge, allowing them to leverage their scientific expertise and deliver state-of-the-art solutions to the market. The financial health of Almirall thrives on a clear business model that involves both direct sales and strategic partnerships. Through collaborations with other pharmaceutical giants and dynamic distribution networks, the company expands its reach beyond Europe, tapping into the American and Asian markets as well. Licensing agreements and co-development partnerships are key to its financial strategy, effectively allowing Almirall to maximize its intellectual property while sharing risks and costs. This multi-pronged approach ensures a steady revenue stream from both its branded products and its generics division, which supplements the overall profitability and sustainability of the company. As Almirall continues to navigate the competitive landscape of the pharma industry, its resilience and adaptability underscore its enduring legacy.

ALM Intrinsic Value
11.42 EUR
Overvaluation 10%
Intrinsic Value
Price €12.66
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