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NOVN.SW$113.90-3.33%
Fair $113.90+0.0%

NOVN.SW

Novartis AG

Healthcare / Drug Manufacturers - GeneralSwiss

$113.90

-3.92 (-3.33%)

Fairly Valued+0.0%Fair Value $113.90Fund rank 37/100 · Data gapFallback financials|
SA 54/C
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 22% · confianza 25%

FCF escenarios

weak_data · normalized FCF $13.8B · quality 76.7/100

Data gap 37/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 94/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

54/100

C

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · NOVN.SWLocal privado en este navegador · Novartis AG
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$217.3B

P/E

20.7x

↑

EV/EBITDA

10.6x

↓

ROE

30.3%

↑

Gross Margin

75.8%

↑

Debt/Equity

0.77

↑
52-Week Range$114
$91$131

TradingView lightweight chart

NOVN.SW price, volumen y niveles de valoración

Último $113.90Periodo +132.6%
Fair value: $113.90

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+9.3%

FCF CAGR

+8.3%

FCF margin

26.9%

FCF / Net income

1.09x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $56.67B · net income $13.98B · FCF $15.24B

2022-FY → 2025-FY

Gross margin

75.8%+2.5% pts

Operating margin

31.1%+12.8% pts

Net margin

24.7%+8.7% pts

FCF margin

26.9%-0.7% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$56.67B$56.67B$51.72B$46.66B$43.46B
Net Income$13.98B$13.98B$11.94B$14.85B$6.96B
EBITDA$22.82B$22.82B$20.71B$18.25B$14.68B
EPS7.157.155.877.103.17
Gross Margin75.8%75.8%75.2%73.3%73.4%
Operating Margin31.1%31.1%28.1%20.9%18.3%
Net Margin24.7%24.7%23.1%31.8%16.0%
Balance Sheet
Debt/Equity0.770.770.710.560.47
Current Ratio0.850.85———
Cash Flow
Free Cash Flow$15.24B$15.24B$13.80B$11.71B$12.00B
Returns
ROE30.3%30.3%27.1%31.8%11.7%
Valuation
P/E20.7120.7115.5212.7325.64
EV/EBITDA10.5710.579.6410.8313.12
P/B4.714.714.083.962.90
Growth & Yield
Revenue Growth9.6%9.6%10.8%7.4%—
EPS Growth21.8%21.8%-17.3%124.0%—
Dividend Yield3.1%3.1%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

12.2%

razonable

EPS terminal req.

$10.11

Spread vs growth

9.6%

5Y implied EPS CAGR

11.3%

razonable

EPS terminal req.

$12.23

Spread vs growth

10.5%

10Y implied EPS CAGR

10.7%

razonable

EPS terminal req.

$19.70

Spread vs growth

11.1%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +24.6%

Total return

+24.6%

Start / end P/E

16.0x → 15.9x

EPS bridge

5.87 → 7.15

Residual

-0.1%

EPS growth+21.8%
Multiple rerating-0.3%
Dividend+3.1%
Residual / FX / buybacks / cross-term-0.1%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.