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NVS stock logo

NVS

Novartis AG

$154.03
-1.05
 (-0.68%)
Exchange:  NYSE
Market Cap:  297.751B
Shares Outstanding:  2.739B
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Healthcare
Industry:  Drug Manufacturers – General
   
CEO:  Vasant Narasimhan
Full Time Employees:  75883
Address: 
Lichtstrasse 35
Basel
4056
CH
Website:  https://www.novartis.com
Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology, dermatology, respiratory, cardiovascular, renal, and metabolism medicine products. The Sandoz segment develops, manufactures, and markets finished dosage form medicines; active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties; and retail generics and anti-infectives. It also provides active pharmaceutical ingredients and intermediates primarily antibiotics; protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran; and a clinical collaboration with Kura Oncology, Inc. to evaluate the combination of Tipifarnib and Alpelisib in patients with head and neck squamous cell carcinoma. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2025/10/28 — 3 quarter 2025

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue46,660,00051,722,00054,811,252
Gross Profit34,188,00038,895,00041,121,506
EBITDA18,255,00020,715,00022,987,115
Operating Income9,769,00014,544,00017,073,989
Net Income14,850,00011,941,00014,055,610

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets99,945,000102,246,000115,569,198
Total Liabilities53,195,00058,120,00069,020,119
Total Stockholders Equity46,667,00044,046,00046,130,079
Total Debt26,348,00031,258,00037,033,064
Cash and Cash Equivalents13,393,00011,459,00011,435,020

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow14,458,00017,619,00019,242,034
Capital Expenditure-2,753,000-3,814,000-1,555,927
Free Cash Flow11,705,00013,805,00017,686,107
Net Income8,572,00011,939,00014,055,610
Net Change in Cash5,876,000-1,934,000-23,998

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2030Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)68,297,631.186Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)72,743,541.767Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)70,259,428.571Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)30,760,628.057Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)32,763,025.495Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)31,644,203.645Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)24,245,968.662Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)26,315,629.413Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)25,159,227.362Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)18,115,461.392Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)19,294,707.584Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)18,635,814.209Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)12.870Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)13.460Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)12.400Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)6Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)6Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
50.317B  ?P/S
 (TTM)
: 
5.16
?Net Income
 (TTM)
: 
11.941B  ?P/E
 (TTM)
: 
20.78
?Enterprise Value
 (TTM)
: 
315.848B  ?EV/FCF
 (TTM)
: 
18.84
?Dividend Yield
 (TTM)
: 
0.03  ?Payout Ratio
 (TTM)
: 
0.54
?ROE
 (TTM)
: 
0.33  ?ROIC
 (TTM)
: 
0.16
?Net Debt
 (TTM)
: 
17.801B  ?Debt/Equity
 (TTM)
: 
0.8
?P/B
 (TTM)
: 
6.31  ?Current Ratio
 (TTM)
: 
1.12

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
17.58Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

Strengths (preview)
  • Robust Financial Performance: Novartis reported a 7% increase in sales and core operating income for Q3 2025, as highlighted in the earnings call transcript. This growth reflects strong operational efficiency and sustained demand for key products, positioning the company favorably within the pharmaceutical sector.
  • Strong Product Portfolio: The earnings call emphasized robust performance from key brands, contributing significantly to revenue growth. This indicates a diversified and resilient product lineup capable of driving consistent financial results.
  • Healthy Cash Flow Metrics: Based on cash flow statement data, Novartis demonstrates solid free cash flow, supported by positive net cash provided by operating activities. This financial stability enables reinvestment in innovation and strategic initiatives.
  • Strategic Acquisitions: The Q3 2025 earnings call noted strategic acquisitions as a driver of growth, enhancing Novartis’ market position and expanding its pipeline, which strengthens long-term competitiveness.

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At what price to buy it? -
Intrinsic Value Calculator

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.


Calculate NVS Intrinsic Value

Common questions about NVS valuation

Is Novartis AG (NVS) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Novartis AG (NVS) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is NVS a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NVS trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is NVS’s P/E ratio?

You can see NVS’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for NVS?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is NVS a good long-term investment?

Whether NVS fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

NVS

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

-0.68
MARKETSnap

Trading Metrics:

Open: 153.24   Previous Close: 155.08
Day Low: 153.19   Day High: 154.81
Year Low: 97.72   Year High: 170.46
Price Avg 50: 156.2   Price Avg 200: 134.57
Volume: 2.548M   Average Volume: 2.244M

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NVS full analysis

10/02/2026

Hey everyone, welcome back to the channel! Today, we’re diving deep into a comprehensive analysis of Novartis AG, ticker NVS, one of the giants in the pharmaceutical world. If you’re looking to understand whether this stock deserves a spot in your portfolio, stick around because we’re covering everything from financials to valuation, recent performance, and more. Let’s get started! Alright, let’s set the stage. Novartis is a Swiss-based powerhouse in the healthcare sector, known for its innovative medicines and a…

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See in Nexus

Relevant news

Novartis CEO warns of reality of Trump's drug pricing policy
28-04-2026 13:04
Novartis CEO warns of reality of Trump's drug pricing policy
Novartis Q1 Earnings & Revenues Miss Estimates, Stock Down
28-04-2026 12:16
Novartis Q1 Earnings & Revenues Miss Estimates, Stock Down
Novartis shares fall after weak Q1 hit by Entresto competition
28-04-2026 04:58
Novartis shares fall after weak Q1 hit by Entresto competition
Novartis CEO: We knew these first two quarters would be bumpy
28-04-2026 03:54
Novartis CEO: We knew these first two quarters would be bumpy
Novartis CEO warns reality of Trump's drug pricing policy will set in over 'the next 18 months'
28-04-2026 03:23
Novartis CEO warns reality of Trump's drug pricing policy will set in over 'the next 18 months'
Novartis Q1 profit down on US generic erosion
28-04-2026 01:12
Novartis Q1 profit down on US generic erosion

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