Saturday, February 28

Assessing ALK Abelló (CPSE:ALK B) Valuation After 2025 Results Guidance And Allergy Plus R And D Shift


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ALK-Abelló (CPSE:ALK B) has drawn investor attention after reporting full year 2025 results, issuing fresh 2026 guidance and confirming a leadership change in R&D tied to its Allergy+ strategy.

See our latest analysis for ALK-Abelló.

The latest earnings, 2026 guidance and R&D leadership change appear to have shifted sentiment in the short term, with a 1 day share price return of 4.95% and shorter term momentum contrasting with a 1 year total shareholder return of 43.96% and 3 year total shareholder return of 106.95%. This suggests longer term strength, while recent 90 day share price returns have been softer.

If this Allergy+ update has you thinking about where else growth stories might emerge, it could be a good moment to scan our 113 healthcare AI stocks as potential next ideas to research.

With the shares up strongly over 1 and 3 years and the price sitting about 11% below one intrinsic estimate and 16% below analyst targets, investors may ask whether there is still a buying opportunity here or whether any potential future growth is already reflected in the price.

With ALK-Abelló last closing at DKK220.4 against a narrative fair value of DKK255, the widely followed view sees upside that the current price has not fully reflected yet.

The rapid expansion of ALK’s dedicated pediatric sales force in North America and strategic partnerships (e.g., ARS Pharma) are improving commercial reach and penetration, which, combined with broadening approval for pediatric use, should accelerate new patient growth and increase the volume of high-margin tablet sales.

Read the complete narrative.

Curious what sits behind that DKK255 fair value? Revenue curves, margin uplift and a future earnings multiple all interact in a tight set of projections. The key moving parts are more complex than simple top line growth. If you want to see how those assumptions stack up over the next few years, the full narrative lays it all out.

Result: Fair Value of DKK255 (UNDERVALUED)

Have a read of the narrative in full and understand what’s behind the forecasts.

However, the story could change quickly if new products like EURneffy or pediatric tablets see slower uptake than analysts expect, or if R&D and capacity spending runs ahead of sales.

Find out about the key risks to this ALK-Abelló narrative.

The narrative fair value points to DKK255 per share, yet the current P/E of 40.8x sits well above the European pharmaceuticals average of 24.1x and an estimated fair ratio of 16.6x. That gap can indicate optimism baked into the price. How comfortable are you with paying that kind of premium?

See what the numbers say about this price — find out in our valuation breakdown.

CPSE:ALK B P/E Ratio as at Feb 2026
CPSE:ALK B P/E Ratio as at Feb 2026

If this mix of optimism and caution feels familiar, now is a good time to look through the details yourself and pressure test the positives you care about most, then check out the 3 key rewards to see which strengths others are focusing on.

If this story has sharpened your thinking, do not stop here. Widen your search and pressure test fresh ideas before the next big move passes you by.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ALK-B.CO.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com



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