Perrigo Company plc (PRGO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+354.2%

$71.93

vs $15.84 price

Levered DCF

$109.63

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-0.34

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-1.35×	-20.57×	-342.71×	-35.14×	-39.69×	-37.58×	48.28×	40.79×
P/B	0.66×	0.82×	0.91×	0.95×	1.01×	1.08×	1.21×	0.94×
P/S	0.45×	0.81×	0.94×	1.03×	1.26×	1.49×	1.82×	1.13×
EV / EBITDA	-6.72×	15.22×	14.62×	23.37×	10.1×	17.71×	15.17×	8.86×
Gross margin	35.1%	35.3%	36.1%	32.7%	34.2%	36.6%	37.0%	38.7%
Operating margin	8.1%	2.6%	3.3%	1.8%	9.9%	6.5%	4.5%	5.0%
Net margin	-33.5%	-3.9%	-0.3%	-3.2%	-1.7%	-4.0%	3.8%	2.8%
Current ratio	2.76×	2.38×	1.79×	2.44×	2.43×	2.27×	2.04×	1.89×
Debt / equity	1.35×	0.84×	0.85×	0.89×	0.72×	0.66×	0.58×	0.57×
Interest coverage	2.11×	0.6×	0.87×	0.51×	3.28×	2.08×	1.38×	1.83×
Dividend yield	8.3%	4.3%	3.4%	3.1%	2.5%	2.0%	1.6%	2.0%
Payout ratio	-11.2%	-88.8%	-1178.7%	-101.3%	-188.1%	-76.2%	76.9%	80.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-48.6%	-4.0%	-0.3%	-2.9%	-1.3%	-2.9%	2.5%	2.3%
Return on invested capital	4.5%	1.3%	0.8%	0.7%	-2.2%	2.6%	1.8%	1.1%
Return on assets	-16.7%	-1.8%	-0.1%	-1.3%	-0.7%	-1.4%	1.3%	1.2%
Free cash flow yield	7.5%	6.9%	7.0%	4.6%	0.1%	7.7%	3.6%	9.2%
Earnings yield	-73.9%	-4.9%	-0.3%	-3.1%	-1.3%	-2.7%	2.1%	2.5%
Enterprise value	$5.4B	$6.6B	$7.7B	$8.3B	$7B	$9.2B	$10B	$8B
Net debt / EBITDA	-4.31×	7.07×	6.33×	10.47×	2.63×	5.97×	4.55×	2.97×
Cash conversion cycle (days)	142	129	139	132	139	139	184	134