Novocure Ltd
NASDAQ:NVCR

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Novocure Ltd
NASDAQ:NVCR
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Price: 17.44 USD 4.74% Market Closed
Market Cap: 1.9B USD

Relative Value

The Relative Value of one NVCR stock under the Base Case scenario is 25.27 USD. Compared to the current market price of 17.44 USD, Novocure Ltd is Undervalued by 31%.

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.

NVCR Relative Value
Base Case
25.27 USD
Undervaluation 31%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
88
vs Industry
34
Median 3Y
4.5
Median 5Y
14.6
Industry
2.2
Forward
3.1
vs History
vs Industry
Median 3Y
-14.5
Median 5Y
-12.5
Industry
21.9
Forward
-8.6
vs History
vs Industry
11
Median 3Y
-21.8
Median 5Y
119.7
Industry
13.5
vs History
vs Industry
1
Median 3Y
-15.7
Median 5Y
27.3
Industry
19.3
vs History
80
vs Industry
13
Median 3Y
6.6
Median 5Y
18.2
Industry
2.1
vs History
85
vs Industry
37
Median 3Y
3.9
Median 5Y
13.9
Industry
2.3
Forward
2.7
vs History
85
vs Industry
52
Median 3Y
5.2
Median 5Y
17.7
Industry
4.8
vs History
vs Industry
Median 3Y
-12.7
Median 5Y
-9.9
Industry
11.5
Forward
-20.6
vs History
vs Industry
Median 3Y
-11.9
Median 5Y
-10
Industry
15.6
Forward
-8.7
vs History
vs Industry
17
Median 3Y
-16.7
Median 5Y
117.1
Industry
13.3
vs History
vs Industry
6
Median 3Y
-15.1
Median 5Y
122.9
Industry
17.3
vs History
93
vs Industry
8
Median 3Y
13.4
Median 5Y
44.5
Industry
1.8

Multiples Across Competitors

NVCR Competitors Multiples
Novocure Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
JE
Novocure Ltd
NASDAQ:NVCR
1.9B USD 3.1 -11.8 -10.8 -10
US
Abbott Laboratories
NYSE:ABT
232B USD 5.5 17.2 22.3 32
US
Intuitive Surgical Inc
NASDAQ:ISRG
191.7B USD 22 77.4 61.8 74.4
US
Boston Scientific Corp
NYSE:BSX
152.3B USD 8.7 74.9 35.3 49
US
Stryker Corp
NYSE:SYK
146.1B USD 6.3 51.1 25.3 30.5
IE
Medtronic PLC
NYSE:MDT
107.3B USD 3.2 25.2 13.5 19.1
DE
Siemens Healthineers AG
XETRA:SHL
52.1B EUR 2.3 26.2 15.2 21.7
US
Becton Dickinson and Co
NYSE:BDX
48.1B USD 2.3 31.7 12.8 23.9
US
Edwards Lifesciences Corp
NYSE:EW
43.9B USD 7.9 10.5 24 26.4
US
IDEXX Laboratories Inc
NASDAQ:IDXX
39.6B USD 10.1 44.2 31.4 35.1
CN
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
272B CNY 7.6 24.4 21.3 21.3