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Evotec SE ADR EVO

Morningstar Rating
$7.65 +0.29 (3.94%)
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Company Report

Positive Outlook on Evotec's Growth Thanks to CDMO Outsourcing Trends and Investment in the Pipeline

Evotec is a drug discovery partnership firm that has a contract development and manufacturing organization, or CDMO, business, in addition to an innovative drug development program focused on collaboration with clients. The firm offers services across a variety of therapeutic areas and serves a diverse client base of large and midsize pharmaceutical and biotechnology companies. Following a recent period of investment that has weighed on returns, Evotec appears well positioned to mature and stabilize its business as its strategic growth initiatives materialize.

Price vs Fair Value

EVO is trading at a 3% discount.
Price
$7.36
Fair Value
$4.10
Uncertainty
High
1-Star Price
$32.51
5-Star Price
$7.37
Economic Moat
Htv
Capital Allocation
Chblgxfd

Bulls Say, Bears Say

Bulls

Evotec’s focus on building out its biologics manufacturing capacity makes it well positioned to capture heightened demand for biologics by biopharma companies.

Bears

Competitive market dynamics remain fierce, weighing on Evotec’s organic growth in the Execute segment and putting pricing pressure on the firm’s more commoditized services.

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News

Trading Information

Previous Close Price
$7.36
Day Range
$7.577.77
52-Week Range
$6.8313.49
Bid/Ask
$7.62 / $7.80
Market Cap
$2.71 Bil
Volume/Avg
33,841 / 50,199

Key Statistics

Price/Earnings (Normalized)
29.24
Price/Sales
2.92
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Evotec is a drug discovery partnership firm providing solutions to pharmaceutical and biotechnology companies, academic institutions, foundations, and nonprofit organizations. The company offers services in a variety of therapeutic areas, including central nervous system disorders, diabetes, inflammation, oncology, infectious diseases, and women's health. The EVT Execute segment, about 75% of sales, provides drug discovery and manufacturing services on a typical fee-for-service basis or integrated drug discovery collaborations. The EVT Innovate segment, about 25% of sales, develops proprietary drug discovery programs and assets, which can lead to partnerships with clients. As of 2022, the company has almost 5,000 employees and 17 production sites mainly in Europe and the United States.
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Stock Style Box
Mid Growth
Total Number of Employees
5,086

Competitors

Valuation

Metric
EVO
CTLT
LONN
Price/Earnings (Normalized)
29.2497.9731.81
Price/Book Value
2.122.733.89
Price/Sales
2.922.475.60
Price/Cash Flow
75.4954.1628.24
Price/Earnings
EVO
CTLT
LONN

Financial Strength

Metric
EVO
CTLT
LONN
Quick Ratio
1.931.541.12
Current Ratio
2.162.481.77
Interest Coverage
−6.83−5.239.00
Quick Ratio
EVO
CTLT
LONN

Profitability

Metric
EVO
CTLT
LONN
Return on Assets (Normalized)
−4.21%−2.51%5.28%
Return on Equity (Normalized)
−8.08%−6.08%9.02%
Return on Invested Capital (Normalized)
−5.57%−0.60%7.29%
Return on Assets
EVO
CTLT
LONN
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