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Healthcare - Drug Manufacturers - Specialty & Generic - NASDAQ - IS
$ 9.19
2.91 %
$ 2.77 B
Market Cap
24.84
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one ALVO stock under the worst case scenario is HIDDEN Compared to the current market price of 9.19 USD, Alvotech is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one ALVO stock under the base case scenario is HIDDEN Compared to the current market price of 9.19 USD, Alvotech is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one ALVO stock under the best case scenario is HIDDEN Compared to the current market price of 9.19 USD, Alvotech is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ALVO

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$14.0$14.0$13.0$13.0$12.0$12.0$11.0$11.0$10.0$10.0$9.0$9.0$8.0$8.0$7.0$7.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
490 M REVENUE
435.56%
69.6 M OPERATING INCOME
119.63%
-232 M NET INCOME
57.98%
-237 M OPERATING CASH FLOW
24.13%
-18.9 M INVESTING CASH FLOW
59.28%
297 M FINANCING CASH FLOW
-1.33%
133 M REVENUE
-12.20%
10.6 M OPERATING INCOME
-21.45%
110 M NET INCOME
263.78%
12.5 M OPERATING CASH FLOW
132.01%
-20.4 M INVESTING CASH FLOW
34.32%
-5.84 M FINANCING CASH FLOW
-135.92%
Balance Sheet Alvotech
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Current Assets 455 M
Cash & Short-Term Investments 51.4 M
Receivables 252 M
Other Current Assets 152 M
Non-Current Assets 766 M
Long-Term Investments 22.7 M
PP&E 410 M
Other Non-Current Assets 334 M
4.21 %20.61 %12.43 %33.55 %27.34 %Total Assets$1.2b
Current Liabilities 193 M
Accounts Payable 67.1 M
Short-Term Debt 42.2 M
Other Current Liabilities 84.1 M
Non-Current Liabilities 1.44 B
Long-Term Debt 1.15 B
Other Non-Current Liabilities 293 M
4.11 %5.14 %70.25 %17.91 %Total Liabilities$1.6b
EFFICIENCY
Earnings Waterfall Alvotech
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Revenue 490 M
Cost Of Revenue 185 M
Gross Profit 304 M
Operating Expenses 235 M
Operating Income 69.6 M
Other Expenses 302 M
Net Income -232 M
500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)490m(185m)304m(235m)70m(302m)(232m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
62.16% GROSS MARGIN
62.16%
14.22% OPERATING MARGIN
14.22%
-47.35% NET MARGIN
-47.35%
56.17% ROE
56.17%
-18.98% ROA
-18.98%
6.94% ROIC
6.94%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Alvotech
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00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)(300m)(300m)(350m)(350m)(400m)(400m)202020202021202120222022202320232024202420252025
Net Income -232 M
Depreciation & Amortization 31.3 M
Capital Expenditures -57 M
Stock-Based Compensation 7.63 M
Change in Working Capital -289 M
Others 156 M
Free Cash Flow -294 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Alvotech
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Wall Street analysts predict an average 1-year price target for ALVO of $17.2 , with forecasts ranging from a low of $10 to a high of $22 .
ALVO Lowest Price Target Wall Street Target
10 USD 8.81%
ALVO Average Price Target Wall Street Target
17.2 USD 87.70%
ALVO Highest Price Target Wall Street Target
22 USD 139.39%
Price
Max Price Target
Min Price Target
Average Price Target
22222020181816161414121210108866Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Alvotech
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Sold
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0 USD 0
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0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
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0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Notification for the purposes of article 13 of the Luxembourg law of 11 January 2008 on transparency requirements for issuers Luxembourg (July 3, 2025) – Alvotech S.A. announces that on June 25, 2025, the proportion of own shares held by Alvotech S.A. reached 6.73%, crossing above the 5% threshold of the total number of voting rights. The above percentage has been calculated on the basis of 22,484,087 own shares out of 334,038,147 shares in issue to which voting rights are attached. globenewswire.com - 2 weeks ago
Granting of Stock Options and Vesting of Restricted Share Units In accordance with the Remuneration Policy of Alvotech (the “Company”), which was approved at the Company's Annual General Meeting (“AGM”) on June 6, 2023, at the 2025 AGM held on June 25, 2025, four independent board directors each received a stock option grant allowing the purchase of up to 24,784 Alvotech shares. globenewswire.com - 2 weeks ago
Alvotech and Advanz Pharma Enter into European Supply and Commercialization Agreement for Biosimilar Candidate to Cimzia® (certolizumab pegol) REYKJAVIK, Iceland and LONDON, July 01, 2025 (GLOBE NEWSWIRE) --  Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma Holdco Limited (“Advanz Pharma”), a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the companies have entered into a supply and commercialization agreement for AVT10, Alvotech's biosimilar candidate to Cimzia® (certolizumab pegol). globenewswire.com - 2 weeks ago
Alvotech and Advanz Pharma Enter into European Supply and Commercialization Agreement for Biosimilar Candidate to Cimzia® (certolizumab pegol) REYKJAVIK,  ICELAND and LONDON, UK (July 1, 2025) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma Holdco Limited (“Advanz Pharma”), a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the companies have entered into a supply and commercialization agreement for AVT10, Alvotech's biosimilar candidate to Cimzia® (certolizumab pegol). globenewswire.com - 2 weeks ago
Alvotech's Lenders Lower Interest on Senior Secured Term Loan Facility REYKJAVIK, ICELAND (June 26, 2025) — Alvotech (NASDAQ: ALVO, ALVO SDB, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that its lenders under the Company's existing senior secured term loan facility, including GoldenTree Asset Management (collectively, the “Lenders”), have agreed to reduce the rate of interest on its existing senior secured term loan facility (the “Facility”). The agreement will lower Alvotech's interest payments in the first 12 months by an estimated US$8.2 million. This is an outcome of Alvotech's sustained operational improvements and strengthened financial performance over the past year. globenewswire.com - 3 weeks ago
Alvotech's Lenders Lower Interest on Senior Secured Term Loan Facility Lenders have reduced the rate of interest on Alvotech's loan facility reflecting sustained operational improvements and strengthened financial performance globenewswire.com - 3 weeks ago
Main Results of 2025 Annual and Extraordinary General Meeting REYKJAVÍK, Iceland and LUXEMBOURG, June 25, 2025 (GLOBE NEWSWIRE) -- The 2025 Annual and Extraordinary General Meeting (the "2025 AGM") of Alvotech (the "Company") was held on June 25, 2025, at Arendt House, 41A Avenue John F. Kennedy, L-2082 Luxembourg, Grand Duchy of Luxembourg. globenewswire.com - 3 weeks ago
Main Results of 2025 Annual and Extraordinary General Meeting The 2025 Annual and Extraordinary General Meeting (the "2025 AGM") of Alvotech (the "Company") was held on June 25, 2025, at Arendt House, 41A Avenue John F. Kennedy, L-2082 Luxembourg, Grand Duchy of Luxembourg. globenewswire.com - 3 weeks ago
Positive Top Line Results from Confirmatory Efficacy Study for Proposed Biosimilar to Xolair® (omalizumab) REYKJAVIK,  ICELAND, PISCATAWAY, NEW JERSEY AND LONDON, UK (June 25, 2025) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacturing of biosimilar medicines for patients worldwide, Kashiv Biosciences LLC (“Kashiv”), a fully integrated biopharmaceutical company headquartered in New Jersey, US, and Advanz Pharma Holdco Limited (“Advanz Pharma”), a UK-headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines, today announced positive topline results from a confirmatory efficacy study comparing AVT23 (ADL-018), a proposed biosimilar to Xolair® (omalizumab), with the reference biologic. globenewswire.com - 3 weeks ago
Positive Top Line Results from Confirmatory Efficacy Study for Proposed Biosimilar to Xolair® (omalizumab) REYKJAVIK, Iceland and PISCATAWAY, N.J. and LONDON, June 25, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacturing of biosimilar medicines for patients worldwide, Kashiv Biosciences LLC (“Kashiv”), a fully integrated biopharmaceutical company headquartered in New Jersey, US, and Advanz Pharma Holdco Limited (“Advanz Pharma”), a UK-headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines, today announced positive topline results from a confirmatory efficacy study comparing AVT23 (ADL-018), a proposed biosimilar to Xolair® (omalizumab), with the reference biologic. globenewswire.com - 3 weeks ago
European Medicines Agency Recommends Market Approval of AVT06, Alvotech's Proposed Biosimilar to Eylea® (aflibercept) REYKJAVIK, Iceland and LONDON, June 23, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human use (CHMP) adopted a positive opinion recommending approval for AVT06, Alvotech's proposed biosimilar to Eylea® (aflibercept 2 mg). Based on a positive recommendation by CHMP, biosimilar medicines can be approved by the European Commission for marketing in the European Economic Area, that includes the 27 member states of the European Union, in addition to Norway, Iceland and Lichtenstein. globenewswire.com - 3 weeks ago
European Medicines Agency Recommends Market Approval of AVT06, Alvotech's Proposed Biosimilar to Eylea® (aflibercept) REYKJAVIK,  ICELAND and LONDON, UK (June 23, 2025) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered global pharmaceutical company with a strategic focus on specialty, hospital, and rare disease medicines in Europe, today announced that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human use (CHMP) adopted a positive opinion recommending approval for AVT06, Alvotech's proposed biosimilar to Eylea® (aflibercept 2 mg). Based on a positive recommendation by CHMP, biosimilar medicines can be approved by the European Commission for marketing in the European Economic Area, that includes the 27 member states of the European Union, in addition to Norway, Iceland and Lichtenstein. globenewswire.com - 3 weeks ago
8. Profile Summary

Alvotech ALVO

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COUNTRY IS
INDUSTRY Drug Manufacturers - Specialty & Generic
MARKET CAP $ 2.77 B
Dividend Yield 0.00%
Description Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company's lead program is AVT02, a high concentration formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as age-related macular degeneration, macular edema, and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia, which is in the pre-clinical phase to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. It also offers AVT05, a biosimilar to Simponi and Simponi Aria, which is in early phase development to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an immunology product; AVT23, a biosimilar to Xolair, which is in late-stage development to treat nasal polyps; and AVT33, a biosimilar to an oncology product. The company was founded in 2013 and is headquartered in Reykjavik, Iceland.
Contact Saemundargata 15-19, Luxembourg, 102 https://www.alvotech.com
IPO Date June 16, 2022
Employees 1012
Officers Mr. Anthony M. Maffia III Chief Regulatory Affairs Officer Mr. Faysal Kalmoua Chief Operating Officer & Director Mr. Giedrius Zunda Chief Technical Officer Ms. Tanya Zharov General Counsel Mr. Anil Okay Chief Commercial Officer Mr. Benedikt Stefansson Vice President of Investor Relations and Global Communications Mr. Robert Wessman Chief Executive Officer, Founder & Executive Chairman Mr. Joseph E. McClellan Chief Scientific Officer Ms. Jenny Sif Steingrimsdottir Vice President of People & Culture Mr. Joel Morales Chief Financial Officer