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Almirall, S.A. (ALM.MC)

EUR10.64 -0.10 (-0.93%)
ES BME Healthcare Drug Manufacturers - Specialty & Generic
Address Ronda Del General Miter, 151 8022
Barcelona, ES
CEO Carlos Gallardo Piqué
IPO 2007-06-20
ISIN ES0157097017

Explore sections of this company profile

Also trades on Madrid Stock Exchange · ALM.MC (EUR) Other OTC · LBTSF (USD)
Description

Almirall, S.A. is a biopharmaceutical firm dedicated to the discovery, development, production, and commercialization of treatments primarily focused on skin health. Operating globally, with a significant presence in Europe and the United States, its product line targets various dermatological ailments such as actinic keratosis, atopic dermatitis, androgenic alopecia, psoriasis, onychomycosis, oncodermatology, and acne, alongside rare skin conditions. Beyond its core dermatology focus, the company also offers solutions for cardiovascular, musculoskeletal, respiratory, and nervous system disorders, as well as products for digestive health, anti-infectives for systemic use, genitourinary conditions and sex hormones, immunostimulants, and systemic hormonal preparations. Its extensive portfolio includes a range of well-known medications, such as Ilumetri, Solaraze, Skilarence, and Klisyri, among others. Almirall fosters strategic partnerships with numerous entities to advance its pipeline, including research institutions like the University of Dundee and commercial partners such as Eli Lilly and Company. Founded in Barcelona, Spain, in 1943, the company adopted its current name, Almirall, S.A., in May 2009, having previously been known as Laboratorios Almirall, S.A.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR10.64 -0.10 (-0.93%)
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Volume Profile
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Liquidity & share structure
Average Volume
118.1K
Beta
0.17
Float Shares
75.35M
Free Float %
35.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% -4.90% -10.46% -12.87% -5.67% -9.35% +7.78% +33.33% -20.27% -12.28% -22.40%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
10.64
DCF (Unlevered) 24.61 +131.3%
DCF (Levered) 44.69 +320.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 6 0
Hold 4 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.75
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Drug Manufacturers - Specialty & Generic: +6.8%
    +12.4% Q1'26: +1.7% (vs Q1'25)
  • EPS growth Drug Manufacturers - Specialty & Generic: +16.5%
    +358.3% Q1'26: -28.8% (vs Q1'25)
  • FCF margin FCF growth · Drug Manufacturers - Specialty & Generic: +32.3%
    +9.6% Q1'26: +8.5% (vs Q1'25)
  • EBIT margin Drug Manufacturers - Specialty & Generic: +13.0%
    +6.1% Q1'26: +68.6% (vs Q1'25)
  • ROIC Drug Manufacturers - Specialty & Generic: +6.5%
    +2.8% Q1'26: +35.3% (vs Q1'25)
  • Share dilution Drug Manufacturers - Specialty & Generic: +0.0%
    +1.6% Q1'26: +0.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Drug Manufacturers - Specialty & Generic: -0.10×
    1.57× Q1'26: 0.30× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.20) × ERP
WACC = 88% × Ke + 12% × Kd (5.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 23.28 Current price: 10.64
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
10 Rev. Ana.
10 EPS Ana.
Dec 2027
10 Rev. Ana.
10 EPS Ana.
Dec 2028
9 Rev. Ana.
9 EPS Ana.
Dec 2029
4 Rev. Ana.
3 EPS Ana.
Dec 2030
4 Rev. Ana.
3 EPS Ana.
Revenue
689.23M
est: 702.47M (-1.9%)
764.36M
est: 775.45M (-1.4%)
639.38M
est: 652.14M (-2.0%)
756.93M
est: 761.43M (-0.6%)
855.34M
est: 872.48M (-2.0%)
1.61B
est: 814.79M (+98.2%)
827.20M
est: 816.86M (+1.3%)
863.25M
est: 858.26M (+0.6%)
894.52M
est: 931.63M (-4.0%)
985.72M
est: 977.98M (+0.8%)
1.11B
est: 1.11B (+0.1%)
1.23B
1.22B – 1.24B
+11.1% YoY
1.36B
1.33B – 1.42B
+10.8% YoY
1.48B
1.48B – 1.48B
+8.6% YoY
1.61B
1.58B – 1.65B
+9.0% YoY
1.68B
1.65B – 1.72B
+4.0% YoY
EBITDA
247.30M
est: 109.32M (+126.2%)
213.08M
est: 120.68M (+76.6%)
-212.19M
est: 101.49M (-309.1%)
173.10M
est: 118.50M (+46.1%)
263.83M
est: 135.78M (+94.3%)
213.35M
est: 126.80M (+68.3%)
132.34M
est: 127.12M (+4.1%)
157.01M
est: 133.56M (+17.6%)
114.33M
est: 157.17M (-27.3%)
173.80M
est: 164.99M (+5.3%)
218.90M
est: 186.79M (+17.2%)
207.46M
205.26M – 209.34M
+11.1% YoY
229.78M
224.21M – 239.23M
+10.8% YoY
249.58M
248.93M – 250.23M
+8.6% YoY
272.10M
267.27M – 279.16M
+9.0% YoY
283.03M
278.00M – 290.37M
+4.0% YoY
EBIT
172.64M
est: 19.26M (+796.4%)
92.64M
est: 21.26M (+335.7%)
-321.06M
est: 17.88M (-1,895.7%)
80.54M
est: 20.88M (+285.8%)
134.40M
est: 23.92M (+461.9%)
90.27M
est: 22.34M (+304.1%)
3.89M
est: 22.40M (-82.6%)
36.37M
est: 23.53M (+54.6%)
-9.98M
est: 26.51M (-137.7%)
34.72M
est: 27.83M (+24.7%)
67.71M
est: 31.51M (+114.9%)
35.00M
34.62M – 35.31M
+11.1% YoY
38.76M
37.82M – 40.36M
+10.8% YoY
42.10M
41.99M – 42.21M
+8.6% YoY
45.90M
45.08M – 47.09M
+9.0% YoY
47.74M
46.90M – 48.98M
+4.0% YoY
Net Income
131.83M
est: 125.00M (+5.5%)
75.48M
est: 132.77M (-43.2%)
-303.96M
est: -32.18M (-844.4%)
77.67M
est: 134.52M (-42.3%)
105.91M
est: 181.20M (-41.5%)
74.28M
est: 86.97M (-14.6%)
-40.86M
est: 136.14M (-130.0%)
4.28M
est: 39.19M (-89.1%)
-38.47M
est: -38.47M (0.0%)
10.15M
est: 105.26M (-90.4%)
46.20M
est: 67.80M (-31.9%)
84.68M
72.55M – 93.88M
+24.9% YoY
121.66M
94.25M – 127.76M
+43.7% YoY
157.55M
122.48M – 168.98M
+29.5% YoY
194.94M
190.44M – 201.51M
+23.7% YoY
212.62M
207.71M – 219.79M
+9.1% YoY
SGA
67.70M
est: 54.60M (+24.0%)
115.51M
est: 60.27M (+91.7%)
105.30M
est: 50.68M (+107.7%)
64.00M
est: 59.18M (+8.2%)
44.55M
est: 67.81M (-34.3%)
41.18M
est: 63.33M (-35.0%)
39.11M
est: 63.49M (-38.4%)
42.43M
est: 66.70M (-36.4%)
119.14M
est: 89.52M (+33.1%)
131.57M
est: 93.98M (+40.0%)
130.05M
est: 106.39M (+22.2%)
118.16M
116.91M – 119.23M
+11.1% YoY
130.88M
127.70M – 136.26M
+10.8% YoY
142.15M
141.78M – 142.53M
+8.6% YoY
154.98M
152.23M – 159.00M
+9.0% YoY
161.21M
158.34M – 165.39M
+4.0% YoY
EPS
0.76
est: 0.59 (+28.6%)
0.44
est: 0.63 (-29.9%)
-1.76
est: -0.15 (-1,056.2%)
0.41
est: 0.64 (-35.6%)
0.61
est: 0.86 (-28.8%)
0.42
est: 0.41 (+2.1%)
-0.23
est: 0.64 (-135.7%)
0.02
est: 0.19 (-87.3%)
-0.20
est: -0.18 (-12.3%)
0.05
est: 0.49 (-90.2%)
0.22
est: 0.30 (-27.3%)
0.39
0.34 – 0.44
+29.2% YoY
0.55
0.44 – 0.59
+39.8% YoY
0.70
0.57 – 0.79
+28.7% YoY
0.91
0.89 – 0.94
+29.1% YoY
0.99
0.97 – 1.02
+9.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B+ 3/5 5/5 3/5 4/5 2/5 1/5 3/5
2026-05-08 B+ 3/5 5/5 3/5 4/5 2/5 1/5 3/5
2026-05-07 B+ 3/5 5/5 3/5 4/5 2/5 1/5 3/5
2026-05-06 B+ 3/5 5/5 3/5 4/5 2/5 1/5 3/5
2026-05-05 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-05-04 B 3/5 4/5 3/5 4/5 2/5 1/5 3/5
2026-04-30 B 3/5 4/5 2/5 4/5 2/5 1/5 3/5
2026-04-29 B 3/5 4/5 2/5 4/5 2/5 1/5 3/5
2026-04-28 B 3/5 4/5 2/5 4/5 2/5 1/5 3/5
2026-04-27 B 3/5 4/5 2/5 4/5 2/5 1/5 3/5
2026-04-24 B 3/5 4/5 2/5 4/5 2/5 1/5 3/5
2026-04-23 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-22 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-21 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-20 B- 3/5 4/5 2/5 4/5 1/5 1/5 3/5
2026-04-17 B 3/5 4/5 2/5 5/5 1/5 1/5 3/5
2026-04-16 B 3/5 4/5 2/5 5/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
211.53M
OE per share TTM
0.99
Owner's Yield
8.47%
Maintenance CapEx ratio
120.24%
Maint CapEx / Avg PPE
16.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 83 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA 0.49% 3.51M 0.40%
2 Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE 0.17% 574.9K 0.23%
3 Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA 0.17% 574.9K 0.23%
4 UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE 0.17% 1.23M 0.33%
5 iShares MSCI EMU Small Cap UCITS ETF CES1.L 0.16% 1.65M 0.58%
6 WisdomTree International SmallCap Dividend Fund DLS 0.11% 1.13M 0.58%
7 Xtrackers Spain UCITS ETF 1D XESD.DE 0.10% 303.6K 0.30%
8 Xtrackers Spain UCITS ETF 1C XESP.DE 0.10% 303.6K 0.30%
9 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.10% 421.7K 0.48%
10 Dimensional - International Small Cap Value ETF DISV 0.08% 3.78M 0.42%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
33.4K
Shares Outstanding
214.79M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Carlos Gallardo Piqué Chief Executive Officer, President, Member of Management Board & Chairman of the Board 50.0K male
Eloi Crespo Cervera Chief Industrial Operations Officer & Member of Management Board male
Esteve Conesa Panicot Chief People & Culture Officer and Member of Management Board male
Isabel Gomes Company Vice Secretary,Chief Legal Officer, General Counsel & Member of Management Board female
Jon U. Garay Alonso Chief Financial Officer & Member of Management Board male
Karl Ziegelbauer Chief Scientific Officer & Member of Management Board
Lidia Martin Pereda Chief Commercial Officer of Europe & International and Member of Management Board female
Pablo Divasson del Fraile Senior Director of Investor Relations male
Paul Rittman Member of Management Board and President & GM of Almirall US male
Volker Koscielny Chief Medical Officer & Member of Management Board
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits