⚠️ Not investment advice. This is a quantitative research tool; every decision is the user's own responsibility. Past performance does not guarantee future results.⚠️ Not investment advice. Past performance does not guarantee future results.
⚠️ Not investment advice. Past performance does not guarantee future results.
🔓 Sign up freeSee the full rankingSign in with Google
← Back to the full ranking · All companies

Almirall ALM.MC

Spain Healthcare
6.2/10
AI Analyst score
10.44 EUR
Last price at analysis date · analyst target 14.32 (+37.2%)
🛒 Where to buy ALM.MCPartner brokers · Spain (BME) · sample 200.00 € orderSpain (BME)
Meridian is paid by these brokers at no extra cost to you; this is not investment advice. Public fee schedules · commission and FX, taxes excluded · Compare all 22 brokers by real cost →
No partner-broker fees for this market yet · Broker cost comparison →
🟡 HOLD — Hold; growth and balance sheet are attractive, but high valuation and weak momentum limit upside potential in the short term.

Almirall is a Spanish pharmaceutical company specializing in medical and aesthetic dermatology, developing and marketing innovative branded products in Europe and the United States. Almirall shows solid revenue growth (13%) and exceptional earnings growth (435%), with a healthy balance sheet (ND/EBITDA of 0.04), but its valuation is demanding (P/E 37.29) and momentum is negative (-12.17% over 12 months).

Financial health
7.6
Quality / Moat
5.2
Valuation
5.3
Growth
8.6
Dividend
5.9
Momentum
2.0
Risk & Context
7.8

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E37.29
Fwd P/E19.37
EV/EBITDA10.37
P/B1.49
P/S1.96
PEG1.00
Market cap2.27 B EUR
Enterprise value2.29 B EUR
🏰 Quality and moat
ROIC (approx.)8.2%
Gross margin77.04%
FCF conversion34%
Operating margin13.34%
📈 Profitability and margins
ROE3.95%
ROA2.69%
Net margin5.11%
FCF75.2 M EUR
FCF yield3.31%
🏦 Solvency and liquidity
Total debt363.7 M EUR
Net debt8.3 M EUR
Cash355.4 M EUR
EBITDA220.4 M EUR
Net debt / EBITDA0.04
D/E23.76
Current ratio2.31
Quick ratio1.70
🚀 Growth
Revenue growth13.00%
Earnings growth435.10%
EPS (TTM)0.28 EUR
EPS (Fwd)0.54 EUR
💰 Dividend and risk
Dividend yield1.82%
Payout67.6%
Beta0.17
Analyst consensusStrong buy (12)
Target price14.32 EUR
52-week range10.02 EUR – 13.98 EUR
⚠️ Main risk: The demanding valuation (P/E 37.29) leaves little room for error if earnings growth does not materialize as expected.
See the full analysis and compare with the rest of the ranking →

Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Almirall is a Spanish pharmaceutical company specializing in medical and aesthetic dermatology, developing and marketing innovative branded products in Europe and the United States. Almirall shows solid revenue growth (13%) and exceptional earnings growth (435%), with a healthy balance sheet (ND/EBITDA of 0.04), but its valuation is demanding (P/E 37.29) and momentum is negative (-12.17% over 12 months).

Score by category

CategoryScore
Financial health7.6
Quality / Moat5.2
Valuation5.3
Growth8.6
Dividend5.9
Momentum2.0
Risk & Context7.8

OVERALL SCORE: 6.2/10

Context and risks

Elevated governance risk in Spain due to weak minority shareholder protection and legal uncertainty, justifying a moderate additional penalty on base risk.

News considered in the analysis

  • Almirall SA (STU:E2Z) Q2 2026 Earnings Call Highlights: Strong Growth in Dermatology and ... — Confirma el fuerte crecimiento en dermatología, su negocio principal, pero es información ya parcialmente conocida por el mercado.
  • Almirall (BME:ALM) Stock Valuation Check After Mixed Growth And High P/E Ratio — Análisis de valoración sin información nueva; el PER elevado ya está reflejado en las notas cuantitativas.
  • Evotec (EVO) Nominates First Preclinical Development Candidate from Almirall Alliance — Hito en la alianza con Evotec que valida el pipeline, pero está en fase preclínica y el impacto en beneficios es lejano e incierto.
  • Assessing Almirall (BME:ALM) Valuation After Recent Mixed Share Price Momentum — Artículo de valoración sin información nueva relevante.
  • Assessing Almirall (BME:ALM) Valuation After Strong Full-Year Results And Optimistic 2026 Sales Guidance — Guía de ventas optimista para 2026, ya comunicada y en gran parte descontada; refuerza la nota de crecimiento.

Verdict: Hold; growth and balance sheet are attractive, but high valuation and weak momentum limit upside potential in the short term.

Main risk: The demanding valuation (P/E 37.29) leaves little room for error if earnings growth does not materialize as expected.

Other Healthcare companies

Neighbours in the sector ranking, to compare without going back to the index.

See all 1,000+ companies in the index →

Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.