1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Following the recently announced shareholder support for the Sandoz spin-off, we expect Novartis to divest the unit in early October, likely by Oct. 4. We estimate the Sandoz generic drug business contributes just under 10% of Novartis' fair value estimate. Also, we believe the innovative drug segment provides most of the support for Novartis' wide moat, which largely rests on intangible assets driven by continual innovative drug development.
Novartis develops and manufactures healthcare products through two business segments: Innovative Medicines and Sandoz. It generates the vast majority of its revenue from Innovative Medicines segment consisting global business franchises in oncology, ophthalmology, neuroscience, immunology, respiratory, cardio-metabolic, and established medicines. The company sells its products globally, with the United States representing close to one third of total revenue.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NVS’s competitive advantage.
Novartis AG ADR
XNYS: NVS
| Johnson & Johnson
XNYS: JNJ
| GSK PLC
XLON: GSK
| |
Price
| 101.86 | 155.75 | 1,492.00 |
Currency
| USD | USD | GBX |
Change
| −$0.47 (0.46%) | −$1.13 (0.72%) | −$2.00 (0.13%) |
Market Cap
| 210.67 Bil | 375.05 Bil | 6.11 Tril |
Industry
| Drug Manufacturers - General | Drug Manufacturers - General | Drug Manufacturers - General |
Sector
|
Healthcare
|
Healthcare
|
Healthcare
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. NVS has a forward dividend yield of 3.43%.
See
NVS’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
NVS’s market cap is 210.67 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
NVS’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
NVS’s price/sales is 4.11.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
NVS’s price/forward earnings is 28.29.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
NVS’s price/book is 4.06.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See NVS’s valuation ratios compared to the Market Index.
NVS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare NVS’s historical performance against its industry peers and the overall market.
