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Grifols SA
MAD:GRF

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Grifols SA
MAD:GRF
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Price: 8.95 EUR Market Closed
Market Cap: €6.1B

P/OCF

5.8
Current
4%
More Expensive
vs 3-y average of 5.6

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
5.8
=
Market Cap
€7B
/
Operating Cash Flow
€1B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
5.8
=
Market Cap
€7B
/
Operating Cash Flow
€1B

Valuation Scenarios

Grifols SA is trading above its 3-year average

If P/OCF returns to its 3-Year Average (5.6), the stock would be worth €8.58 (4% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-16%
Maximum Upside
+200%
Average Upside
61%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 5.8 €8.95
0%
3-Year Average 5.6 €8.58
-4%
5-Year Average 17.4 €26.85
+200%
Industry Average 4.9 €7.51
-16%
Country Average 9.5 €14.64
+64%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
ES
Grifols SA
MAD:GRF
6.1B EUR 5.8 15.1
FR
Pharnext SCA
OTC:PNEXF
6T USD -211 714.7 -160 127.7
US
Abbvie Inc
NYSE:ABBV
351.3B USD 18.5 83.9
US
Amgen Inc
NASDAQ:AMGN
185.7B USD 18.6 24.1
US
Gilead Sciences Inc
NASDAQ:GILD
161.8B USD 16.2 19
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
109.3B USD 30.1 27.6
US
Epizyme Inc
F:EPE
94.1B EUR -531.3 -533.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
79.4B USD 16 17.6
NL
argenx SE
XBRU:ARGX
41.2B EUR 119.3 37.3
US
Seagen Inc
F:SGT
39.3B EUR -85.8 -61.8
AU
CSL Ltd
ASX:CSL
62.7B AUD 11.9 30.7
P/E Multiple
Earnings Growth PEG
ES
Grifols SA
MAD:GRF
Average P/E: 31.9
15.1
32%
0.5
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.9
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
24.1
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19
16%
1.2
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.6
19%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.6
14%
1.3
NL
argenx SE
XBRU:ARGX
37.3
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
30.7
9%
3.4

Market Distribution

Lower than 72% of companies in Spain
Percentile
28th
Based on 618 companies
28th percentile
5.8
Low
1.5 — 6
Typical Range
6 — 14.8
High
14.8 —
Distribution Statistics
Spain
Min 1.5
30th Percentile 6
Median 9.5
70th Percentile 14.8
Max 217.5

Grifols SA
Glance View

Grifols SA, a global healthcare giant based in Barcelona, Spain, has carved its niche in the world through its pioneering work with plasma-derived medicines. Founded in 1940, the company has grown from a small family business into one of the world leaders in the production and development of biopharmaceuticals, particularly those derived from human plasma. Grifols operates a robust network of plasma donation centers, primarily in the United States, where it sources its primary raw material. The company's meticulous process involves collecting plasma from donors, which is then transported to sophisticated manufacturing facilities. Here, this vital fluid is fractionated into various components used to create life-saving treatments. These treatments address a spectrum of conditions, including hemophilia, immune deficiencies, and neurological issues, highlighting Grifols' integral role in advancing healthcare solutions. Grifols' business model is astutely designed to capitalize on the high demand for plasma-derived therapies, ensuring a steady stream of revenue. By vertically integrating its operations—from plasma collection through to product distribution—Grifols maintains stringent quality control and operational efficiency, driving down costs and enhancing margins. The company's segmentation includes Bioscience, which focuses on plasma-derived therapies; Diagnostic, which involves manufacturing tools and reagents for clinical analysis; and Hospital, which manages pharmacy and healthcare logistics products. Furthermore, the company has ventured into bio supplies, supplying biological materials for non-therapeutic use to life-science research. With a deep commitment to innovation and strategic acquisitions, Grifols stays ahead in the competitive biopharmaceutical landscape while fostering a direct link between donor generosity and patient needs, ensuring that its growth story has a profound impact on global health.

GRF Intrinsic Value
22.67 EUR
Undervaluation 61%
Intrinsic Value
Price €8.95
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