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Halozyme Therapeutics, Inc. (HALO)

POSITIVE
HealthcareBiotechnologyUnited States

ファンダメンタル

70

株価

$109.02

時価総額

$12.19B

パート1 · 企業の価値

概要

Halozyme Therapeutics, Inc., a biopharmaceutical company, researches, develops, and commercializes of proprietary enzymes and devices in the United States, Switzerland, Belgium, Japan, and internationally. The company's products are based on the patented recombinant human hyaluronidase enzyme (rHuPH20) that enables delivery of injectable biologics, such as monoclonal antibodies and other therapeutic molecules, as well as small molecules and fluids. It offers Hylenex recombinant, a formulation of rHuPH20 that facilitates subcutaneous (SC) administration to enhance the dispersion and absorption of other injected drugs in SC urography and to enhance resorption of radiopaque agents; and XYOSTED, an injection for SC administration of testosterone replacement therapy. The company also provides Herceptin (trastuzumab) under the brand name Herceptin Hylecta; and Phesgo to treat breast cancer; Mabthera SC for chronic lymphocytic leukemia treatment; Tecentriq SC for IV infusion; Ocrevus SC for multiple sclerosis; HYQVIA to treat primary immunodeficiency disorders; DARZALEX to treat amyloidosis, and smoldering and multiple myeloma; epinephrine Injection to treat allergic reactions; nivolumab and relatlimab to treat metastatic or unresectable melanoma; teriparatide injections; ARGX-113; and ARGX-117 to treat severe autoimmune diseases in multifocal motor neuropathy. It has collaborations and licensing agreements with F. Hoffmann-La Roche, Ltd. and Hoffmann-La Roche, Inc.; Takeda Pharmaceuticals International AG and Baxalta US Inc.; Pfizer Inc.; Janssen Biotech, Inc.; AbbVie, Inc.; Eli Lilly and Company; Bristol Myers Squibb Company; argenx BVBA; ViiV Healthcare; Chugai Pharmaceutical Co., Ltd.; Acumen Pharmaceuticals, Inc.; Merus N.V.; and Skye Bioscience, Inc. The company was founded in 1998 and is headquartered in San Diego, California.

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貸借対照表と流動性

売上高

$1.66B

直近12か月(2026/6/30まで)

純利益

$414M

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$645M

自己資本合計

$49M

負債合計

$2.48B

流動比率

2.71

利払い倍率

29.41

負債/EBITDA

4.53

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

割安

適正価値

$145.47

現在株価

$109.02

安全マージン

+25.1%

適正価値レンジ

$94.56 - $196.38

推定方法

Analyst Target:$99.56
DCF:$255.80
PE-based:$30.89
Graham Growth:$162.88
EPV:$41.03
アナリスト・コンセンサス:買い (12B / 4H / 0S)
直近の決算サプライズ:+21.75%

バリュエーション指標

P/E レシオ

31.77

ROE

649.2%

P/B レシオ

85.90

P/FCF

15.29

粗利益率

82.4%

ROIC

21.1%

収益性レーダー

Value Creation (Economic Moat)

ROIC

21.1%

WACC

8.0%

ROIC − WACC

+13.1 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

ファンダメンタル分析基準

合格(19)

  • EPS shows upward trend
  • Price CAGR 27.04%
  • ROIC 21.1%
  • Gross Margin 82.4%
  • P/FCF 15.29
  • Operating Margin 35.9%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 180.6%
  • Revenue Growth 5Y 39.2%
  • Analyst Consensus 75% Buy
  • PEG Ratio 1.21
  • Earnings Quality (OCF/NI) 1.98
  • Share Dilution -4.4%
  • Piotroski F-Score 5/9

不合格(7)

  • P/B Ratio 85.90
  • Debt/Equity ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Earnings Surprise avg -20.7%
  • Net Margin Trend 24.9% vs 47.3%

データなし(1)

  • Dividend Payout NaN%

Piotroski F-スコア

5/9

まちまちのシグナル:一部の領域に注意が必要

score
criteria

利益の質

1.98

高品質:利益はキャッシュに裏付けられている

株式希薄化

-4.4%

株式を買い戻している。株主に友好的

ガバナンス

経営陣

氏名役職年齢
Dr. Helen I. Torley M.B. Ch. B., M.R.C.P.President, CEO & Director62
Mr. Darren SnellgroveSenior VP & CFO-
Mr. David A. Ramsay MBAPresident of Drug Delivery60
Dr. Christopher Wahl M.B.A., M.D.Chief Scientific Officer-
Dr. Charles P. Theuer M.D., Ph.D.Chief Medical Officer61
Mr. Paul SpenceChief Commercial Officer56
Mr. Rhys de CallierChief Strategy Officer-
Mr. Chase Coffman Ph.D.President of Hypercon-

監査リスク

3

取締役会リスク

1

報酬リスク

4

株主権利リスク

3

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

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