West Pharmaceutical Services, Inc.

West Pharmaceutical Services, Inc.

WSTยทNYSE

$316.31

+1.3%
HealthcareMedical - Instruments & Supplies

West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products. The Proprietary Products segment offers stoppers and seals for injectable packaging systems; syringe and cartridge components, including custom solutions for the needs of injectable drug applications, as well as administration systems that enhance the safe delivery of drugs through advanced reconstitution, mixing, and transfer technologies; and films, coatings, washing, and vision inspection and sterilization processes and services to enhance the quality of packaging components. It also provides drug containment solutions, including Crystal Zenith, a cyclic olefin polymer in the form of vials, syringes, and cartridges; and self-injection devices, as well as a range of integrated solutions, including analytical lab services, pre-approval primary packaging support and engineering development, regulatory expertise, and after-sales technical support. This segment serves biologic, generic, and pharmaceutical drug companies. The Contract-Manufactured Products segment is involved in the design, manufacture, and automated assembly of devices used in surgical, diagnostic, ophthalmic, injectable, and other drug delivery systems, as well as consumer products. It serves pharmaceutical, diagnostic, and medical device companies. The company distributes its products through its sales force and distribution network, as well as contract sales agents and regional distributors. West Pharmaceutical Services, Inc. was incorporated in 1923 and is headquartered in Exton, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$22.35B
EPS6.8300
P/E Ratio46.31
Earnings Date07/23/2026
West Pharmaceutical Services, Inc.

West Pharmaceutical Services, Inc. Fair Value Envelope

WST ยท NYSE

Our analysis suggests that WST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $316.31, this represents a potential HIDDEN relative to our calculated worth for West Pharmaceutical Services, Inc..

Intrinsic Value
Current Price: $316.31

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1,258.2B
+ Cash & Equivalents$791.3M
Firm Value$1,259.0B
- Debt$416.7M
Equity Value$1,258.6B
/ Shares Outstanding71,943,412B
DCF Value$17.5K
UNDERVALUED BY 5431%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.3B
$2.2B
$3.7B
$6.3B
$10.6B
$18.0B
$30.5B
$51.8B
$87.8B
$149.0B
Maintenance CapEx
-$97.0M
-$164.6M
-$279.2M
-$473.6M
-$803.4M
-$1.4B
-$2.3B
-$3.9B
-$6.7B
-$11.3B
Owner Earnings
$1.2B
$2.0B
$3.4B
$5.8B
$9.8B
$16.6B
$28.2B
$47.9B
$81.2B
$137.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.1B
$1.7B
$2.7B
$4.2B
$6.7B
$10.5B
$16.5B
$25.9B
$40.6B
$63.8B
Terminal Value represents 86.2% of Enterprise Value