Stocktoria

Ipsen S.A. IPN.PA

FR · Euronext Paris · XPAR · stock · Healthcare · website

Ipsen S.A. statistics & valuation

Market cap€12.9B
P / E29.1×
P / S3.3×
P / B3.0×
P / FCF15.9×
Net margin11.3%
FCF margin20.6%
Net cash€658.4M
Enterprise value USD$14.2B
Earnings yield EBIT/EV7.7%
Return on capital17.2%
Graham number -49.2%€79.26

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€79.26); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
20.50% 19.50% 9.70% 11.30% 2022202320242025
Gross margin (%)
83.30% 82.70% 80.30% 80.90% 2022202320242025
Operating margin (%)
27.60% 18.50% 19.30% 24.10% 2022202320242025
Return on equity (%)
19.40% 16.80% 8.30% 10.20% 2022202320242025
Shares outstanding
82.6M 82.6M 82.6M 82.6M 2022202320242025
Net debt (€)
-€556.0M -€154.9M -€251.3M -€658.4M 2022202320242025
Share buybacks (€)
€11.3M €39.5M €36.5M €67.7M 2022202320242025
Return on assets (%)
11.60% 10.20% 5.40% 6.40% 2022202320242025
Free cash flow margin (%)
22.80% 20.50% 3.70% 20.60% 2022202320242025
Debt / equity (×)
0.18× 0.10× 0.10× 0.20× 2022202320242025
EPS (€)
€7.81 €7.73 €4.15 €5.32 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Ipsen S.A. trades at about 29.3× earnings — above its 10-year norm (10-year range 12.3×–28.7×, median 25.9×).

12.3× 29.3×

Shaded band = 10-year range (12.3×–28.7×); dot = today's 29.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin80.9%80.3%82.7%83.3%
Operating margin24.1%19.3%18.5%27.6%
Net margin11.3%9.7%19.5%20.5%
FCF margin20.6%3.7%20.5%22.8%
Return on assets6.4%5.4%10.2%11.6%
Return on equity10.2%8.3%16.8%19.4%
Debt / equity0.17×0.07×0.07×0.17×
Current ratio1.961.341.171.80

Computed from company filings · FR · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.