100.07 USD
-1.01 (-1%)
At close: Jan 30, 2026
100 USD
-0.07 (-0.07%)
After Hours: 1/30/2026, 8:00:02 PM
INCY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 525 industry peers in the Biotechnology industry. Both the health and profitability get an excellent rating, making INCY a very profitable company, without any liquidiy or solvency issues. INCY is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, INCY could be worth investigating further for value and quality investing!.
1. Profitability
1.1 Basic Checks
- In the past year INCY was profitable.
- In the past year INCY had a positive cash flow from operations.
- Of the past 5 years INCY 4 years were profitable.
- Of the past 5 years INCY 4 years had a positive operating cash flow.
1.2 Ratios
- INCY's Return On Assets of 18.78% is amongst the best of the industry. INCY outperforms 96.76% of its industry peers.
- INCY has a better Return On Equity (25.55%) than 96.95% of its industry peers.
- INCY has a better Return On Invested Capital (19.88%) than 97.71% of its industry peers.
- INCY had an Average Return On Invested Capital over the past 3 years of 7.24%. This is significantly below the industry average of 18.07%.
- The 3 year average ROIC (7.24%) for INCY is below the current ROIC(19.88%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.78% | ||
| ROE | 25.55% | ||
| ROIC | 19.88% |
ROA(3y)5.08%
ROA(5y)5.23%
ROE(3y)6.75%
ROE(5y)6.82%
ROIC(3y)7.24%
ROIC(5y)N/A
1.3 Margins
- INCY's Profit Margin of 24.69% is amongst the best of the industry. INCY outperforms 94.86% of its industry peers.
- INCY's Profit Margin has declined in the last couple of years.
- INCY has a better Operating Margin (26.10%) than 96.00% of its industry peers.
- In the last couple of years the Operating Margin of INCY has declined.
- INCY's Gross Margin of 93.47% is amongst the best of the industry. INCY outperforms 94.48% of its industry peers.
- In the last couple of years the Gross Margin of INCY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.1% | ||
| PM (TTM) | 24.69% | ||
| GM | 93.47% |
OM growth 3Y-50.23%
OM growth 5Y-33.03%
PM growth 3Y-71.07%
PM growth 5Y-48.24%
GM growth 3Y-0.87%
GM growth 5Y-0.53%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), INCY is creating value.
- INCY has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for INCY has been reduced compared to 5 years ago.
- The debt/assets ratio for INCY is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 8.97 indicates that INCY is not in any danger for bankruptcy at the moment.
- INCY has a better Altman-Z score (8.97) than 81.14% of its industry peers.
- The Debt to FCF ratio of INCY is 0.03, which is an excellent value as it means it would take INCY, only 0.03 years of fcf income to pay off all of its debts.
- INCY has a Debt to FCF ratio of 0.03. This is amongst the best in the industry. INCY outperforms 96.38% of its industry peers.
- A Debt/Equity ratio of 0.01 indicates that INCY is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.01, INCY is in line with its industry, outperforming 45.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.03 | ||
| Altman-Z | 8.97 |
ROIC/WACC2.24
WACC8.89%
2.3 Liquidity
- A Current Ratio of 3.20 indicates that INCY has no problem at all paying its short term obligations.
- With a Current ratio value of 3.20, INCY is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
- INCY has a Quick Ratio of 3.13. This indicates that INCY is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 3.13, INCY is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 3.13 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 575.79% over the past year.
- INCY shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.21% yearly.
- The Revenue has grown by 18.09% in the past year. This is quite good.
- Measured over the past years, INCY shows a quite strong growth in Revenue. The Revenue has been growing by 14.46% on average per year.
EPS 1Y (TTM)575.79%
EPS 3Y-21.7%
EPS 5Y-14.21%
EPS Q2Q%111.21%
Revenue 1Y (TTM)18.09%
Revenue growth 3Y12.41%
Revenue growth 5Y14.46%
Sales Q2Q%20.05%
3.2 Future
- The Earnings Per Share is expected to grow by 29.11% on average over the next years. This is a very strong growth
- INCY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.31% yearly.
EPS Next Y428.83%
EPS Next 2Y146.73%
EPS Next 3Y89.71%
EPS Next 5Y29.11%
Revenue Next Year18.3%
Revenue Next 2Y14.58%
Revenue Next 3Y12.98%
Revenue Next 5Y1.31%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.59, the valuation of INCY can be described as correct.
- Based on the Price/Earnings ratio, INCY is valued cheaper than 96.00% of the companies in the same industry.
- When comparing the Price/Earnings ratio of INCY to the average of the S&P500 Index (28.32), we can say INCY is valued slightly cheaper.
- INCY is valuated correctly with a Price/Forward Earnings ratio of 12.45.
- Based on the Price/Forward Earnings ratio, INCY is valued cheaply inside the industry as 97.33% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. INCY is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.59 | ||
| Fwd PE | 12.45 |
4.2 Price Multiples
- INCY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. INCY is cheaper than 96.00% of the companies in the same industry.
- 96.38% of the companies in the same industry are more expensive than INCY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.41 | ||
| EV/EBITDA | 12.07 |
4.3 Compensation for Growth
- INCY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- INCY has a very decent profitability rating, which may justify a higher PE ratio.
- INCY's earnings are expected to grow with 89.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.04
PEG (5Y)N/A
EPS Next 2Y146.73%
EPS Next 3Y89.71%
5. Dividend
5.1 Amount
- INCY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
INCYTE CORP / INCY FAQ
What is the fundamental rating for INCY stock?
ChartMill assigns a fundamental rating of 6 / 10 to INCY.
What is the valuation status of INCYTE CORP (INCY) stock?
ChartMill assigns a valuation rating of 8 / 10 to INCYTE CORP (INCY). This can be considered as Undervalued.
How profitable is INCYTE CORP (INCY) stock?
INCYTE CORP (INCY) has a profitability rating of 7 / 10.
How financially healthy is INCYTE CORP?
The financial health rating of INCYTE CORP (INCY) is 7 / 10.
Can you provide the expected EPS growth for INCY stock?
The Earnings per Share (EPS) of INCYTE CORP (INCY) is expected to grow by 428.83% in the next year.