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HIK:LSEHikma Pharmaceuticals Plc Analysis

Data as of 2026-06-20 - not real-time

£1,457.00

Latest Price

4/10Risk

Risk Level: Medium

Executive Summary

Hikma Pharmaceuticals trades at a **PE ratio of ~11**, well below the industry average of 24, and the DCF model suggests a fair value around £20.80, implying roughly **32% upside**. The company posted **8.5% revenue growth** YoY, maintains a **gross margin of 43.5%** and an **operating margin of 16.2%**, and its forward EPS of 1.85 points to continued earnings acceleration.
Technically, the stock sits just under its 20‑day SMA (1461) with a bearish MACD histogram and decreasing volume, indicating short‑term pressure, but a low **beta of 0.5** and modest 30‑day volatility (~19%) suggest limited downside risk. Recent news of the Supreme Court ending Amarin litigation removes a legal cloud, supporting a more stable outlook.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 5/10

Key Factors

  • Bearish MACD histogram and price slightly below 20‑day SMA
  • Decreasing volume trend reducing near‑term liquidity
  • Support level at 1397 providing a floor for downside

Medium Term

1–3 years
Positive
Model confidence: 7/10

Key Factors

  • Significant valuation gap (PE ~11 vs industry ~24, 32% DCF upside)
  • Stable earnings growth and improving forward EPS
  • Low beta and moderate volatility limiting market risk

Long Term

> 3 years
Positive
Model confidence: 8/10

Key Factors

  • Consistent revenue growth and solid operating margins
  • Diversified geographic footprint reducing concentration risk
  • Resolution of Amarin patent litigation removing regulatory/legal uncertainty

Key Metrics & Analysis

Financial Health

Revenue Growth8.50%
Profit Margin12.00%
P/E Ratio10.8
ROE16.52%
ROA7.50%
Debt/Equity61.55
P/B Ratio1.7
Op. Cash Flow£436.0M
Free Cash Flow£-66125000
Industry P/E24.1

Technical Analysis

TrendNeutral
RSI52.6
Support£1,397.00
Resistance£1,503.00
MA 20£1,461.25
MA 50£1,420.92
MA 200£1,523.50
MACDBearish
VolumeDecreasing
Fear & Greed Index91.46

Valuation

Fair Value£2,080.35
Target Price£1,928.25
Upside/Downside32.34%
GradeUndervalued
TypeBlend

Risk Assessment

Beta0.50
Volatility19.37%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.