Obermatt

Flags

Earnings warning

Alkermes

NSQ:ALKS · IE00B56GVS15
BiotechnologyLarge

360

36
Profit price7
Owner Earnings Yield71
Dividend Yield1
Price/Sales55
EV / Gross Profit80
Price/Book28
Return on Capital80
Cash Return on Capital71
Return on Equity74
EBIT Margin71
Gross Profitability63
Cash Conversion63
Accruals7
Owner Earnings Margin67
Sales growth60
Profit Growth88
Long-Term EPS Growth17
Owner Earnings Growth23
Reinvestment35
Price momentum67
Debt load36
Refinancing79
Debt Payback12
Liquidity75
Analyst ratings49
Opinion Changes24
Price Target Upside12
Market mood79
Value Creation8/20creating 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

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

Profile

CountryIreland
IndustryBiotechnology
SizeLarge
TypePublic Company
ExchangeNASDAQGS
Employees2,022
ISINIE00B56GVS15
Last UpdateApr 2, 2026
Themes
Central Nervous SystemPsychiatryAddictionSleep TechnologyNeurologyBiotechnologyHealth CarePharmaceutical

Description

Alkermes plc (Alkermes), a global biopharmaceutical company, seeks to develop innovative medicines in the field of neuroscience. The company has a portfolio of proprietary commercial products for the treatment of alcohol dependence, opioid dependenc…

Analysis

Middle-of-the-road

Alkermes plc sits in the middle of our grid: average quality, average price, no obvious signal in either direction. 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 47.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 18% a year, against analyst forecasts of -6%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is tepid; the safety picture is stretched. The company scores 8/20 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
84
2026

All-time high

94

Mar 2026

All-time low

84

Jun 2026

Average rank

89

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
55
Price/Earnings
7
Price/Book
28
Dividend Yield
1
Value (overall)
9

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 →