Fair value (multi-method)
Four independent methods triangulate what INCY is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$496.57
Method range
$30.88 – $496.57
median $140.20
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $496.57 | +328.86% |
| Exit multiple | $167.31 | +44.49% |
| Analyst target | $113.09 | -2.33% |
| Graham number | $30.88 | -73.33% |
- Forward DCF$496.57
- Exit multiple$167.31
- Analyst target$113.09
- Graham number$30.88
Stock price
$115.79
FCF / share (TTM)
$1.80
3Y FCF CAGR
27.4%
Fair value @ hist. growth
$203.82
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
19.8%
per year over your projection horizon
Margin of safety 43.2% vs hist-growth DCF
Historical 3Y CAGR
27.4%
Your model implies
19.8%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 27% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 6.5% | 15.9% | 14.8% | 13.6% | 12.3% | 10.7% |
| 7.5% | 18.7% | 17.9% | 16.9% | 15.8% | 14.6% |
| 8.5% | 21.3% | 20.6% | 19.8% | 18.9% | 17.9% |
| 9.5% | 23.7% | 23.1% | 22.4% | 21.6% | 20.8% |
| 10.5% | 26.0% | 25.4% | 24.8% | 24.1% | 23.4% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
Net cash
$3.03B
Total debt − cash
Beta
0.76
Vs market benchmark
Frequently asked questions
Incyte (INCY) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.