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⚠️ Not investment advice. Past performance does not guarantee future results.
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UCB UCB.BR

Belgium Healthcare
6.6/10
AI Analyst score
215.00 EUR
Last price at analysis date · analyst target 285.00 (+32.6%)
🛒 Where to buy UCB.BRPartner brokers · Belgium · sample 200.00 € orderBelgium
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🟡 HOLD — Hold, with attention to US regulatory developments and the ability to sustain earnings growth.

UCB is a Belgian biopharmaceutical company that develops and commercializes innovative medicines, primarily in the areas of neurology and immunology. UCB shows exceptional growth (earnings +134.8%) and solid financial health (ND/EBITDA 0.84), but US regulatory pressure on drug pricing and negative momentum (-13.55%) temper the appeal of its valuation (P/E 18.99).

Financial health
7.7
Quality / Moat
7.3
Valuation
5.6
Growth
8.8
Dividend
3.6
Momentum
1.0
Risk & Context
8.4

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E18.99
Fwd P/E15.60
EV/EBITDA13.08
P/B3.52
P/S4.81
PEG1.13
Market cap40.99 B EUR
Enterprise value43.70 B EUR
🏰 Quality and moat
ROIC (approx.)18.6%
Gross margin76.22%
FCF conversion33%
Operating margin33.33%
📈 Profitability and margins
ROE20.57%
ROA8.98%
Net margin25.74%
FCF1.10 B EUR
FCF yield2.68%
🏦 Solvency and liquidity
Total debt3.59 B EUR
Net debt2.82 B EUR
Cash766.0 M EUR
EBITDA3.34 B EUR
Net debt / EBITDA0.84
D/E30.79
Current ratio1.20
Quick ratio0.72
🚀 Growth
Revenue growth22.50%
Earnings growth134.80%
EPS (TTM)11.32 EUR
EPS (Fwd)13.79 EUR
💰 Dividend and risk
Dividend yield0.67%
Payout12.8%
Beta0.18
Analyst consensusBuy (19)
Target price285.00 EUR
52-week range200.70 EUR – 289.50 EUR
⚠️ Main risk: US regulatory pressure on drug pricing (MFN policy and Medicaid agreements) is the biggest risk for UCB, given that its main market is the US.
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Full AI report

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

UCB is a Belgian biopharmaceutical company that develops and commercializes innovative medicines, primarily in the areas of neurology and immunology. UCB shows exceptional growth (earnings +134.8%) and solid financial health (ND/EBITDA 0.84), but US regulatory pressure on drug pricing and negative momentum (-13.55%) temper the appeal of its valuation (P/E 18.99).

Score by category

CategoryScore
Financial health7.7
Quality / Moat7.3
Valuation5.6
Growth8.8
Dividend3.6
Momentum1.0
Risk & Context8.4

OVERALL SCORE: 6.6/10

Context and risks

US regulatory pressure on drug pricing (MFN and Medicaid agreements) directly affects its main market. Additionally, rising interest rates make debt financing more expensive, although its leverage is low.

News considered in the analysis

  • UCB (UCBJY) Upgraded to Buy: Here's Why — Upgrade de analista que refleja el momentum positivo del negocio, aunque su impacto directo en valoración es limitado.
  • Trump's MFN Push Goes Beyond Big Pharma, Adds 9 Mid-Sized Drugmakers — La ampliación de la política de nación más favorecida (MFN) a más farmacéuticas, incluida UCB, podría presionar los precios de sus medicamentos en EE.UU., su mercado clave.
  • Trump Strikes Medicaid Drug Price Deals With Nine Pharma Firms — Los acuerdos de precios de Medicaid podrían implicar descuentos para algunos de sus fármacos, afectando ligeramente los ingresos en EE.UU.
  • UCB SA (UCBJF) (H1 2026) Earnings Call Highlights: Record Sales and Strategic Expansion Drive ... — Resultados récord en ventas y expansión estratégica confirman la fortaleza operativa y el crecimiento del negocio.
  • Is It Too Late To Consider UCB (ENXTBR:UCB) After A 195% Three Year Surge? — Artículo de opinión sobre la revalorización pasada, sin información nueva relevante.

Verdict: Hold, with attention to US regulatory developments and the ability to sustain earnings growth.

Main risk: US regulatory pressure on drug pricing (MFN policy and Medicaid agreements) is the biggest risk for UCB, given that its main market is the US.

Other Healthcare companies

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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.