Obermatt

Illumina

NSQ:ILMN · US4523271090
Life Sciences Tools & ServicesX-Large

360

77
EV / EBIT30
Price / Owner Earnings42
Owner Earnings Yield89
Dividend Yield1
Price/Sales33
EV / Gross Profit55
Price/Book20
Return on Capital87
Cash Return on Capital95
Return on Equity98
EBIT Margin69
Gross Profitability93
Cash Conversion36
Accruals40
Owner Earnings Margin93
Sales growth41
Profit Growth90
Long-Term EPS Growth50
Owner Earnings Growth24
Reinvestment73
Price momentum83
Debt load28
Refinancing41
Debt Payback56
Liquidity87
Analyst ratings11
Opinion Changes88
Price Target Upside1
Market mood45
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Illumina clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryLife Sciences Tools & Services
SizeX-Large
TypePublic Company
ExchangeNASDAQGS
Founded1998
Employees7,967
ISINUS4523271090
Last UpdateApr 2, 2026
Themes
Health DiagnosticsGeneticsOncologyBiotechnologyHealth CareScience and Engineering

Description

Illumina, Inc. (‘Illumina’) operates as a global company in sequencing- and array-based solutions for genetic and genomic analysis. The company’s products and services serve customers in a wide range of markets, enabling the adoption of genomic solu…

Analysis

Quality compounder

Illumina, Inc. earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 25.9×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 10% a year, against analyst forecasts of 10%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
67
2023202420252026

All-time high

73

Jan 2025

All-time low

1

Jan 2024

Average rank

40

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
33
52
36
19
Price/Earnings
28
59
8
4
Price/Book
20
27
45
37
Dividend Yield
1
1
1
1
Value (overall)
7
35
12
3

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →