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Grifols, SA (ES:GRF)
BME:GRF

Grifols (GRF) AI Stock Analysis

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ES

Grifols

(BME:GRF)

72Outperform
Grifols demonstrates robust financial performance, highlighted by revenue growth and improved cash flow. However, the high leverage and constrained net profit margin present risks. Technical indicators suggest moderate momentum without a clear upward trend. Valuation is a concern due to a high P/E ratio and lack of dividend yield.

Grifols (GRF) vs. S&P 500 (SPY)

Grifols Business Overview & Revenue Model

Company DescriptionGrifols, S.A. engages in the procurement, manufacture, preparation, and sale of therapeutic products, primarily hemoderivatives. The company operates through Bioscience, Hospital, Diagnostic, Bio Supplies, and Others divisions. The Bioscience division researches, develops, produces, and markets plasma-derived medicines and other innovative solutions to treat patients with chronic, rare, prevalent, and life-threatening diseases. It offers immunoglobulins, alpha-1 antitrypsin, albumin, clotting factors, and hyperimmune globulins. The Hospital division offers non-biological pharmaceutical products and medical supplies clinical nutrition, intravenous therapy, and medical devices. The Diagnostic division researches, develops, produces, and commercializes diagnostic products that span the healthcare continuum from prevention, screening, diagnosis, and prognosis to disease and treatment monitoring to serve professionals. The Bio Supplies division provides biological materials for life-science research, clinical trials, and for manufacturing pharmaceutical and diagnostic products. Its products and services are used by healthcare providers to diagnose and treat patients with hemophilia, immune deficiencies, infectious diseases, and other medical conditions. The company serves public and private customers; and wholesalers, distributors, group purchasing organizations, blood banks, hospitals and care institutions, and national health systems. Grifols, S.A. has a technology collaboration agreement with Mondragon. The company was founded in 1940 and is headquartered in Barcelona, Spain.
How the Company Makes MoneyGrifols generates revenue primarily through the collection and sale of plasma-derived products, which are used to treat a variety of conditions such as immune deficiencies, bleeding disorders, and neurological diseases. The company collects plasma through its network of donation centers, processes it into specialized products, and distributes these products globally. Additionally, Grifols earns income from its diagnostic division by providing testing solutions and services to healthcare institutions. Partnerships with hospitals and healthcare providers, as well as strategic collaborations in research and development, also contribute to its revenue streams.

Grifols Financial Statement Overview

Summary
Grifols shows a solid financial performance with strong revenue growth and improved cash flow metrics. Despite healthy profitability margins, the net profit margin remains constrained. The balance sheet reflects high leverage, posing potential financial risks, but current cash flow improvements offer a positive outlook.
Income Statement
80
Positive
Grifols has demonstrated strong revenue growth, with a 9.41% increase from 2023 to 2024. The gross profit margin has remained stable around 39-40%, and the EBIT and EBITDA margins showed improvement, indicating enhanced operational efficiency. However, the net profit margin is relatively low at 2.18% for 2024, reflecting pressure on net income despite revenue growth.
Balance Sheet
75
Positive
The company maintains a high debt-to-equity ratio of 1.72 in 2024, indicating significant leverage, which could pose financial risk. However, a moderate return on equity of 2.67% suggests the company is generating a modest return on its investments. The equity ratio of 27.49% indicates a balanced capital structure but highlights reliance on debt financing.
Cash Flow
85
Very Positive
Grifols' free cash flow improved significantly from negative in 2023 to positive in 2024, highlighting better cash management. The operating cash flow to net income ratio of 5.75 suggests strong cash generation relative to net income, indicating healthy cash flow capabilities. The free cash flow to net income ratio is 4.27, demonstrating efficient conversion of income into free cash flow.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
7.21B6.59B6.06B4.93B5.34B
Gross Profit
2.85B2.49B2.23B1.96B2.26B
EBIT
1.19B737.92M805.68M595.06M996.13M
EBITDA
1.61B1.18B1.16B922.47M1.37B
Net Income Common Stockholders
156.92M59.31M208.28M265.33M618.55M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.00B645.72M591.24M2.68B590.51M
Total Assets
21.41B21.44B21.53B19.23B15.27B
Total Debt
10.09B10.12B9.75B9.32B6.91B
Net Debt
9.11B9.59B9.20B8.67B6.33B
Total Liabilities
12.80B13.47B13.08B11.09B8.55B
Stockholders Equity
5.88B5.83B6.13B6.10B5.11B
Cash FlowFree Cash Flow
669.63M-87.14M-386.43M281.89M747.78M
Operating Cash Flow
902.17M208.28M-10.87M596.98M1.11B
Investing Cash Flow
886.67M-397.64M-1.98B-29.39M-858.12M
Financing Cash Flow
-1.36B186.04M-173.49M1.47B-354.40M

Grifols Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.93
Price Trends
50DMA
8.85
Positive
100DMA
8.95
Negative
200DMA
9.33
Negative
Market Momentum
MACD
-0.04
Negative
RSI
60.41
Neutral
STOCH
53.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:GRF, the sentiment is Positive. The current price of 8.93 is above the 20-day moving average (MA) of 8.33, above the 50-day MA of 8.85, and below the 200-day MA of 9.33, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 60.41 is Neutral, neither overbought nor oversold. The STOCH value of 53.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:GRF.

Grifols Peers Comparison

Overall Rating
UnderperformOutperform
Sector (52)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
ESGRF
72
Outperform
€5.23B38.63
52
Neutral
$5.22B3.55-44.39%2.82%15.40%-0.09%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ES:GRF
Grifols
8.93
-1.25
-12.24%
GB:0O9B
Almirall
9.95
0.65
6.99%
GB:0ILI
Fluidra
21.00
-2.33
-9.99%
GB:0FDN
Nicolas Correa
11.20
4.34
63.27%
PHMMF
Pharma Mar SA
83.77
44.86
115.29%
ES:LAB
Labiana Health SA
3.30
1.53
86.44%

Grifols Corporate Events

Grifols Exceeds Q1 2025 Forecasts with Strong Revenue and Profit Growth
May 12, 2025

Grifols reported a strong financial performance in the first quarter of 2025, exceeding forecasts with a 7.4% increase in revenues and a 14.2% rise in adjusted EBITDA. The company’s strategic execution and robust demand in the Biopharma sector contributed to a 179% growth in net profit and improved free cash flow by 209 million euros. Despite a temporary dip in albumin sales due to license renewal in China, Grifols maintained a solid liquidity position and reduced its leverage ratio, positioning itself for sustained growth in 2025.

The most recent analyst rating on (ES:GRF) stock is a Buy with a EUR22.00 price target. To see the full list of analyst forecasts on Grifols stock, see the ES:GRF Stock Forecast page.

Grifols Receives Approval for Biotest Acquisition Offer
May 6, 2025

Grifols has announced that its subsidiary, Grifols Biotest Holdings GmbH, has received approval from the German Federal Financial Supervisory Authority for its public acquisition offer to delist Biotest AG. The offer aims to acquire all ordinary and non-voting preferred shares of Biotest not already held by Grifols, with the acceptance period running until June 6, 2025. This strategic move is expected to strengthen Grifols’ position in the biopharmaceutical industry and could have significant implications for shareholders and market dynamics.

Grifols Announces Agenda for 2025 Shareholders’ Meeting
May 2, 2025

Grifols, S.A. has announced its Ordinary General Shareholders’ Meeting scheduled for June 2025, where key agenda items include the examination and approval of financial statements, the appointment of Deloitte Auditores, S.L. for sustainability verification, and changes to the Board of Directors. The meeting will also address the approval of a new remuneration policy and a 2025 Share Incentive Plan, alongside authorizations for treasury share acquisitions and potential extraordinary meetings, reflecting the company’s ongoing efforts to enhance governance and shareholder engagement.

Brookfield Clarifies Position on Grifols Speculations
Apr 2, 2025

Brookfield Capital Partners (UK) Limited has clarified that there is no new information regarding potential transactions with Grifols S.A. despite recent media speculations. Brookfield is not in discussions with Grifols’ Board of Directors but continues to maintain a general dialogue with the company’s reference shareholders.

Grifols Denies Knowledge of Acquisition Talks
Apr 2, 2025

Grifols, S.A. has addressed recent media reports regarding potential acquisition talks with Brookfield Capital Partners, stating that its Board of Directors is unaware of any such discussions. This announcement clarifies the company’s current position and may impact investor perceptions and market speculation regarding Grifols’ future ownership and strategic direction.

Grifols Announces Public Offer for Biotest Delisting
Mar 31, 2025

Grifols has announced that its subsidiary, Grifols Biotest Holdings GmbH, will submit a public offer to purchase all ordinary and non-voting preferred shares of Biotest AG for delisting. This strategic move aims to enhance Grifols’ market position by integrating Biotest’s operations, with the offer subject to approval by the German Federal Financial Supervisory Authority.

Grifols Refutes Fraud Allegations Amid CNMV Investigation
Mar 10, 2025

Grifols has addressed a media report alleging ‘continuous fraud’ within its leadership, clarifying that the claims are unfounded. The company is currently undergoing an administrative sanctioning procedure initiated by the CNMV for potential inaccuracies in financial reports from 2021 to 2023. However, the CNMV has stated that these issues did not significantly affect Grifols’ accounting figures, and there is no evidence of fraud or economic benefit from the alleged irregularities.

Grifols Achieves Record Financial Performance in 2024
Feb 26, 2025

Grifols reported record results for fiscal year 2024, with significant revenue growth and improved cash flow, driven by strong performance in its Biopharma division and strategic initiatives. The company achieved all planned innovation milestones, reduced leverage, and strengthened its balance sheet, positioning itself for sustainable growth beyond 2025.

Grifols Releases Annual Director Remuneration Report
Feb 26, 2025

Grifols has released its annual report on the remuneration of its directors, highlighting the company’s commitment to aligning its remuneration policy with shareholder interests and long-term sustainability. The report outlines the procedures and principles guiding director remuneration, emphasizing the need for market competitiveness and prudent risk management. The current policy, set to expire in 2025, aims to attract and retain talent while ensuring directors’ independence and adherence to regulatory standards.

Grifols Announces Leadership Changes and Board Restructuring
Feb 25, 2025

Grifols has announced a significant change in its board leadership, with current Chairman Thomas Glanzmann stepping down after 19 years. Anne-Catherine Berner will succeed him as Non-Executive Chair, and the board will reduce its members from 13 to 12, eliminating the position of Lead Independent Director.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.