Incyte Corporation (INCY)

NASDAQ · Health Care · market cap 19.33B

Share price

$127.62

At the last nightly close

Intrinsic value

$70.20

Range $70.20 – $90.36 — the conservative figure is the low end.

Margin of safety

-45.0%

($70.20 − $127.62) ÷ $127.62

EV / EBIT

222.7

On the median operating profit of 15 fiscal years through 2025.

How these numbers are computed

The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.

The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.

The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.

Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-04.

Key metrics

Price / earnings16.3
Price / book4.0
EV / EBITDA10.7
FCF / EV+0.8%
Return on equity+30.7%
Return on assets+16.8%
Debt / equity0.01
Gross margin+55.7%

Market position

52-week high$129.93
52-week low$81.66
From 52-week high-1.8%
RSI (14)57.7
200-day moving average$107.73

Annual financials

PeriodRevenueOperating incomeNet incomeEPSFree cash flow
2025-FY5.14B1.34B1.29B6.591.33B
2024-FY4.24B101.3M32.6M0.16235.2M
2023-FY3.70B655.4M597.6M2.67449.0M
2022-FY3.39B591.6M340.7M1.53892.1M
2021-FY2.99B585.8M948.6M4.27568.5M

Filed figures from SEC EDGAR, in the reporting currency.

Next earnings

Q4 2026 expectedOctober 27, 2026
Consensus EPS estimate-3.47

Recent news

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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.