Neogen Corp
NASDAQ:NEOG

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Neogen Corp
NASDAQ:NEOG
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Price: 4.94 USD -1% Market Closed
Market Cap: 1.1B USD

Relative Value

The Relative Value of one NEOG stock under the Base Case scenario is 15.28 USD. Compared to the current market price of 4.94 USD, Neogen Corp is Undervalued by 68%.

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.

NEOG Relative Value
Base Case
15.28 USD
Undervaluation 68%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
46
Median 3Y
4
Median 5Y
5.5
Industry
2.2
Forward
1.2
vs History
vs Industry
0
Median 3Y
-5.5
Median 5Y
56.3
Industry
21.7
Forward
13.1
vs History
84
vs Industry
2
Median 3Y
37.4
Median 5Y
47
Industry
13.9
vs History
vs Industry
1
Median 3Y
-29.6
Median 5Y
-22.9
Industry
19.7
vs History
98
vs Industry
71
Median 3Y
1.2
Median 5Y
1.6
Industry
2.1
vs History
98
vs Industry
37
Median 3Y
4.3
Median 5Y
6.2
Industry
2.3
Forward
2
vs History
98
vs Industry
37
Median 3Y
9.2
Median 5Y
12.8
Industry
4.8
vs History
98
vs Industry
19
Median 3Y
24.4
Median 5Y
29.7
Industry
11.4
Forward
9.6
vs History
20
vs Industry
4
Median 3Y
57.8
Median 5Y
55.8
Industry
15.4
Forward
-4.1
vs History
84
vs Industry
2
Median 3Y
37.7
Median 5Y
43.2
Industry
13.7
vs History
vs Industry
2
Median 3Y
-56.7
Median 5Y
-31.2
Industry
17.2
vs History
98
vs Industry
69
Median 3Y
1
Median 5Y
1.4
Industry
1.8

Multiples Across Competitors

NEOG Competitors Multiples
Neogen Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Neogen Corp
NASDAQ:NEOG
1.1B USD 1.2 -2.2 12.9 74.5
CH
Alcon AG
SIX:ALC
34.7B CHF 4.3 37.9 17.5 33
JP
Hoya Corp
TSE:7741
5.8T JPY 6.7 28.6 17.6 21
DK
Coloplast A/S
CSE:COLO B
138.1B DKK 5 30.4 17.5 20.7
US
Align Technology Inc
NASDAQ:ALGN
13.3B USD 3.3 32.4 15.4 19
UK
ConvaTec Group PLC
LSE:CTEC
5.8B GBP 3.4 40.9 210 343.5
CH
Ypsomed Holding AG
SIX:YPSN
5.5B CHF 7.4 63.1 30.4 51.9
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
44.7B CNY 13 32.7 27.6 27.6
US
Merit Medical Systems Inc
NASDAQ:MMSI
5.4B USD 3.9 44.4 20.5 35.9
US
Lantheus Holdings Inc
NASDAQ:LNTH
5.5B USD 3.6 21.5 9.9 11.3
KR
HLB Inc
KOSDAQ:028300
7T KRW 90 -35.6 -66.1 -62.5
P/E Multiple
Earnings Growth PEG
US
Neogen Corp
NASDAQ:NEOG
Average P/E: 36.9
Negative Multiple: -2.2
N/A N/A
CH
Alcon AG
SIX:ALC
37.9
28%
1.4
JP
Hoya Corp
TSE:7741
28.6
N/A N/A
DK
Coloplast A/S
CSE:COLO B
30.4
14%
2.2
US
Align Technology Inc
NASDAQ:ALGN
32.4
30%
1.1
UK
ConvaTec Group PLC
LSE:CTEC
40.9
33%
1.2
CH
Ypsomed Holding AG
SIX:YPSN
63.1
43%
1.5
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
32.7
20%
1.6
US
Merit Medical Systems Inc
NASDAQ:MMSI
44.4
27%
1.6
US
Lantheus Holdings Inc
NASDAQ:LNTH
21.5
25%
0.9
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -35.6 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Neogen Corp
NASDAQ:NEOG
Average EV/EBITDA: 37.9
12.9
3%
4.3
CH
Alcon AG
SIX:ALC
17.5
10%
1.7
JP
Hoya Corp
TSE:7741
17.6
9%
2
DK
Coloplast A/S
CSE:COLO B
17.5
9%
1.9
US
Align Technology Inc
NASDAQ:ALGN
15.4
15%
1
UK
ConvaTec Group PLC
LSE:CTEC
210
11%
19.1
CH
Ypsomed Holding AG
SIX:YPSN
30.4
31%
1
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
27.6
18%
1.5
US
Merit Medical Systems Inc
NASDAQ:MMSI
20.5
12%
1.7
US
Lantheus Holdings Inc
NASDAQ:LNTH
9.9
21%
0.5
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -66.1 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Neogen Corp
NASDAQ:NEOG
Average EV/EBIT: 63.8
74.5
4%
18.6
CH
Alcon AG
SIX:ALC
33
25%
1.3
JP
Hoya Corp
TSE:7741
21
N/A N/A
DK
Coloplast A/S
CSE:COLO B
20.7
9%
2.3
US
Align Technology Inc
NASDAQ:ALGN
19
17%
1.1
UK
ConvaTec Group PLC
LSE:CTEC
343.5
22%
15.6
CH
Ypsomed Holding AG
SIX:YPSN
51.9
40%
1.3
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
27.6
16%
1.7
US
Merit Medical Systems Inc
NASDAQ:MMSI
35.9
28%
1.3
US
Lantheus Holdings Inc
NASDAQ:LNTH
11.3
22%
0.5
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -62.5 N/A N/A