UCB SA UCB

Morningstar Rating
€272.70 +13.60 (5.25%)
View Full Chart

Company Report

No-Moat UCB's Growth Products Fuel Revenue Expansion Amid Declining Sales for Legacy Drugs

UCB emerged as a major biopharmaceutical player in the 1990s with the development of blockbuster drugs Zyrtec and Keppra. Throughout the 1990s and early 2000s, UCB transformed from a hybrid pharma/chemical firm into a pure-play biopharmaceutical company by shedding its packaging, film, and chemical businesses. Acquisitions of Celltech (2004) and Schwarz Pharma (2006) strengthened the pipeline, bringing in late-stage assets that would eventually be approved as Cimzia (immunology), Vimpat (epilepsy), and Neupro (Parkinson's disease). These products helped offset the impact of Zyrtec and Keppra's patent losses, and UCB has continued to shape its expertise in immunology and central nervous system disorders.

Price vs Fair Value

UCB is trading at a LOCK|j@C<>& premium.
Price
€259.10
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

The immunology market presents a massive market opportunity for Cimzia and newer drug Bimzelx.

Bears

The company has had a mixed record with regulatory delays and clinical failures, which could affect future revenue growth.

News

Trading Information

Previous Close Price
€259.10
Day Range
€258.60–272.70
52-Week Range
€197.45–289.50
Bid/Ask
€265.80 / €273.00
Shares Outstanding
190.36M
Market Cap
€51.91B
Volume/Avg
570,629 / 264,266

Key Statistics

Price/Earnings (Normalized)
21.67
Price/Sales
5.89
Dividend Yield (Trailing)
0.56%
Dividend Yield (Forward)
0.56%
Dividend Payment Schedule
May
Total Yield
0.82%

Company Profile

UCB is a Belgium-based biopharma firm focused on the development of novel therapies for the treatment of central nervous system and immunologic diseases. Historically, revenue was derived from allergy medicine Zyrtec and epilepsy drug Keppra, which have both lost patent protection. The firm's key products are Cimzia (immunology), Vimpat (epilepsy), Neupro (Parkinson's disease and restless leg syndrome), Briviact (epilepsy), Bimzelx (psoriasis), Evenity (osteoporosis), Nayzilam (cluster seizures), Fintepla (Dravet Syndrome and Lennox-Gastaut Syndrome), and Kygevvi (rare mitochondrial disease).
Sector
Healthcare
Industry
Biotechnology
Stock Style Box
Large Growth
Total Number of Employees
10,117

Competitors

Valuation

Metric
UCB
GMAB
ARGX
Price/Earnings (Normalized)
21.6724.8233.03
Price/Book Value
4.234.176.65
Price/Sales
5.896.2310.16
Price/Cash Flow
20.6525.3338.20
Price/Earnings
UCB
GMAB
ARGX

Financial Strength

Metric
UCB
GMAB
ARGX
Quick Ratio
0.822.444.52
Current Ratio
1.202.465.12
Interest Coverage
27.733.88421.51
Quick Ratio
UCB
GMAB
ARGX

Profitability

Metric
UCB
GMAB
ARGX
Return on Assets (Normalized)
13.57%11.74%—
Return on Equity (Normalized)
23.59%21.07%—
Return on Invested Capital (Normalized)
19.03%14.75%—
Return on Assets
UCB
GMAB
ARGX

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