Evotec (DE:EVT)
XETRA:EVT
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Evotec
(XETRA:EVT)
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Rating:42Neutral
Price Target:
€4.50
▼(-32.74% Downside)
Action:ReiteratedDate:04/09/26
The score is primarily held down by weak financial performance: sustained operating losses and significant negative free cash flow outweigh modest revenue growth and a not-overlevered balance sheet. Technicals add downside risk as the stock remains in a broad downtrend with negative momentum. Valuation is not supportive because the negative P/E reflects ongoing losses and there is no indicated dividend yield.
Positive Factors
Balance sheet resilience
Moderate leverage combined with a sizable equity base gives Evotec room to finance ongoing R&D partnerships and program investments without immediate refinancing stress. This structural balance-sheet capacity supports multi-year collaborations while management works to restore operating profitability.
Negative Factors
Weak cash generation
Material negative operating and free cash flow imply the business currently burns cash and may rely on external financing or equity to fund operations and partner programs. Over months this elevates dilution and refinancing risk, constraining strategic flexibility and investment in scalable capabilities.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet resilience
Moderate leverage combined with a sizable equity base gives Evotec room to finance ongoing R&D partnerships and program investments without immediate refinancing stress. This structural balance-sheet capacity supports multi-year collaborations while management works to restore operating profitability.
Read all positive factors
Evotec (EVT) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€834.85M
Dividend YieldN/A
Average Volume (3M)812.37K
Price to Earnings (P/E)16.6
Beta (1Y)0.94
Revenue Growth-2.67%
EPS Growth7.40%
CountryDE
Employees4,766
SectorHealthcare
Sector Strength45
IndustryDrug Manufacturers - Specialty & Generic
Share Statistics
EPS (TTM)0.08
Shares Outstanding177,877,780
10 Day Avg. Volume1,027,144
30 Day Avg. Volume812,370
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)1.19
Price to Sales (P/S)1.23
P/FCF Ratio-11.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€8.07Price Target Upside20.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.52
Revenue Forecast (FY)€790.69M
Evotec Business Overview & Revenue Model
Company Description
Evotec SE is a global leader in drug discovery and development, providing integrated solutions to pharmaceutical and biotechnology companies. Headquartered in Hamburg, Germany, Evotec operates in the biotechnology sector, focusing on areas such as...
How the Company Makes Money
Evotec primarily makes money by providing R&D services and platform-based drug discovery/development work to external customers (pharmaceutical, biotech, and other life-science organizations). Under these collaborations, Evotec earns revenue from ...
Evotec Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
52
Neutral
Cash Flow
28
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 788.37M | 796.97M | 781.43M | 751.45M | 618.03M |
| Gross Profit | 65.24M | 114.88M | 175.05M | 174.06M | 151.54M |
| EBITDA | -41.40M | -80.66M | 7.82M | -86.08M | 298.41M |
| Net Income | -103.52M | -196.08M | -83.91M | -175.66M | 215.51M |
Balance Sheet | |||||
| Total Assets | 1.78B | 1.91B | 2.25B | 2.26B | 2.24B |
| Cash, Cash Equivalents and Short-Term Investments | 476.39M | 396.80M | 604.11M | 729.98M | 858.50M |
| Total Debt | 447.69M | 463.10M | 626.20M | 506.67M | 512.92M |
| Total Liabilities | 965.05M | 959.98M | 1.13B | 1.07B | 857.48M |
| Stockholders Equity | 813.70M | 952.52M | 1.12B | 1.19B | 1.38B |
Cash Flow | |||||
| Free Cash Flow | -81.98M | -114.02M | -179.56M | 21.75M | 3.29M |
| Operating Cash Flow | -9.44M | 18.22M | 36.44M | 203.11M | 122.24M |
| Investing Cash Flow | 166.42M | -71.19M | -13.29M | -415.82M | -243.85M |
| Financing Cash Flow | -32.20M | -161.42M | 71.96M | -52.41M | 398.43M |
Evotec Technical Analysis
Neutral
6.69
Price Trends
5.22
Negative
5.45
Negative
5.97
Negative
Market Momentum
-0.15
Negative
50.68
Neutral
54.07
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:EVT, the sentiment is Neutral. The current price of 6.69 is above the 20-day moving average (MA) of 4.38, above the 50-day MA of 5.22, and above the 200-day MA of 5.97, indicating a neutral trend. The MACD of -0.15 indicates Negative momentum. The RSI at 50.68 is Neutral, neither overbought nor oversold. The STOCH value of 54.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:EVT.
Evotec Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | €49.13B | 20.44 | 9.02% | 1.82% | 1.47% | 9.64% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
51 Neutral | €1.45B | -66.87 | 4.98% | ― | -18.82% | -113.85% | |
46 Neutral | €52.22M | -4.72 | -337.77% | ― | -4.90% | -69.80% | |
42 Neutral | €834.85M | 16.56 | -12.28% | ― | -2.67% | 7.40% | |
42 Neutral | €127.25M | -3.18 | -391.55% | ― | -64.15% | -39.31% |
* Healthcare Sector Average
DE:EVT
Evotec
5.39
-0.55
-9.32%
DE:B8FK
Biofrontera
2.53
0.00
0.00%
DE:BIO
Biotest
41.40
-1.00
-2.36%
DE:BNN
B.R.A.I.N. Biotechnology Research and Information Network
2.41
0.06
2.55%
DE:MRK
Merck KGaA
116.55
-0.24
-0.20%
DE:HPHA
Heidelberg Pharma AG
2.78
0.06
2.21%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.