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BMRN

BMRN

BioMarin Pharmaceutical Inc.
$55.21
-2.18% Oct 21 close
Health CareS&P 400 Compare
-6%+3%+13%+23%+32%Oct 2025Oct 2026Apr 2026
BMRNSPY
1W
+0.1%
1M
-13.8%
3M
-5.5%
6M
+2.0%
YTD
-7.1%
1Y
+2.6%

Live chart

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What they do

BioMarin Pharmaceutical Inc., a biotechnology company, engages in the development and commercialization of therapies for life-threatening rare diseases and medical conditions in the United States, Europe, Latin America, the Middle East, the Asia Pacific, and internationally. The company's products include VIMIZIM, an enzyme replacement therapy for the treatment of mucopolysaccharidosis (MPS) IV type A, a lysosomal storage disorder.

Healthcare · Biotechnology

For information only · Important disclosures

Grades vs sector

Momentum
42nd percentile in sector
C
12-1 return: +12.0%
Percentile within its GICS sector across the S&P 1500.
Growth
80th percentile in sector
B+
Revenue growth (YoY): +19.9%
Percentile within its GICS sector across the S&P 1500.
Value
60th percentile in sector
B-
Forward E/P: 11.9% · EBITDA/EV: 4.6%
Percentile within its GICS sector across the S&P 1500.
Profitability
27th percentile in sector
D+
Profit margin: +2.1% · Return on equity: +1.2%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
Why Should You Think About Vertex Differently Now?
Trefis · Oct 20

Key stats

Market value$10.7B
P/E (last 12 months)149.2
P/E (next 12 months, estimated)8.6
52-week range$49.26 – $70.98
Revenue growth (latest quarter vs a year ago)+19.9%
Dividend yieldNo dividend
Analyst consensusBuy (27)
Average analyst price target$91.56 (+66%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans undervalued
Model read-out from the numbers below, not advice. Score +2 (DCF counts double).
▲DCF (base case)above the price by 111%
▲Forward P/E vs sector8.6x vs median 17.6x
•Piotroski F-score5/9
▼Altman Z1.8 (distress)
▼Net debt / EBITDA11.0x
▲Analyst target+66% (27 analysts)

Discounted cash flow

Bear
$58
+5%
growth 11% · disc. 10.2% · term. 2.0%
Base
$116
+111%
growth 18% · disc. 9.2% · term. 2.5%
Bull
$201
+265%
growth 22% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 5% a year for 10 years.
Implied
+5%/yr
FCF, last 3 yrs
+136%/yr
FCF, last 5 yrs
n/a
Revenue, last 3 yrs
+15%/yr
Revenue, last 5 yrs
+12%/yr
Same inputs as the DCF above: trailing free cash flow 0.7B, 9.2% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.21 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Health Care

P/E (trailing)
sector median 29.9× · 96th pct
149.2×
pricier
Forward P/E
sector median 17.6× · 10th pct
8.6×
cheaper
EV / EBITDA
sector median 15.8× · 95th pct
46.3×
pricier
Price / sales
sector median 3.1× · 52nd pct
3.1×
pricier
Price / book
sector median 3.5× · 17th pct
1.7×
cheaper
FCF yield
sector median 4.1% · 82nd pct
6.9%
cheaper

Forward EPS $6.41 vs trailing $0.37 (+1634% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
76.1%
Operating margin
4.4%
FCF margin
21.7%
Net margin
2.1%
Return on equity
1.2%
Return on invested capital
1.0%
Net debt / EBITDA
11.0×
Current ratio
2.4×
Interest cover
8.7×
Cash conversion (OCF/NI)
11.7×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Altman Z-score 1.8 (distress zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$92
+66%
Analysts
27
Buy
Range
$60–$122
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$3.2B$348.9M$725.0M
2024$2.9B$426.9M$487.4M
2023$2.4B$167.6M$62.6M
2022$2.1B$141.6M$54.9M
2021$1.8B$-64.1M$209.0M
2020$1.9B$854.0M$-28.9M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +15.4%.

Earnings

Next report: 2026-10-26 · after close · EPS est -0.08
24-1025-0225-0525-0825-1026-0226-0526-080.001.44
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-060.951.20+26.6%
2026-05-040.910.76-16.9%
2026-02-230.560.46-17.9%
2025-10-270.340.12-64.3%
2025-08-041.031.44+39.4%
2025-05-010.951.13+18.6%
2025-02-190.740.92+24.6%
2024-10-290.790.91+14.7%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$989.7M+19.9%
2026-03-31$766.2M–
2025-12-31$874.6M–
2025-09-30$776.1M–
2025-06-30$825.4M–
Analyst actions
Morgan Stanley
2026-10-21 · main
Overweight → Overweight
PT $122
JP Morgan
2026-10-20 · main
Overweight → Overweight
PT $87
Cantor Fitzgerald
2026-10-20 · reit
Overweight → Overweight
PT $86
Barclays
2026-10-14 · main
Overweight → Overweight
PT $114
HC Wainwright & Co.
2026-09-10 · reit
Neutral → Neutral
PT $60
Piper Sandler
2026-09-01 · main
Overweight → Overweight
PT $90
Insider trades
Davis George Eric
EVP, Chief Legal Officer · 2026-09-02
Sell
$1.2M
None
None · None
Sell
–
None
None · None
Sell
–

Stats refreshed 2026-10-21 17:58:01 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026