0.61%
5.63%
12.36%
13.01%
-7.25%
-12.01%
121.87%

Company Description

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.

Market Data

Last Price 346
Change Percentage 0.61%
Open 343.11
Previous Close 343.91
Market Cap ( Millions) 25058
Volume 97814
Year High 413.7
Year Low 265
M A 50 328.82
M A 200 322.85

Financial Ratios

FCF Yield 1.28%
Dividend Yield 0.18%
ROE 18.35%
Debt / Equity 11.08%
Net Debt / EBIDTA -25.02%
Price To Book 9.15
Price Earnings Ratio 50.42
Price To FCF 77.92
Price To sales 8.71
EV / EBITDA 33.43

News

Business Breakdown

Expected Mid-Term Growth

Segment n°1 -> Proprietary Products

Expected Growth : 5 %

What the company do ?

West Pharmaceutical Services, Inc.'s proprietary products include Daikyo Crystal Zenith and NovaPure components, designed for pharmaceutical packaging and delivery systems.

Why we expect these perspectives ?

West Pharmaceutical Services, Inc.'s proprietary products growth is driven by increasing demand for high-value injectable drugs, growing adoption of self-administered injectable devices, and expansion into emerging markets. Additionally, the company's innovative product portfolio, including Daikyo Crystal Zenith and NovaPure components, supports growth through partnerships with leading pharmaceutical companies.

Segment n°2 -> Contract-Manufactured Products

Expected Growth : 7 %

What the company do ?

Contract-Manufactured Products from West Pharmaceutical Services, Inc. offer customized packaging solutions for pharmaceutical and biopharmaceutical companies.

Why we expect these perspectives ?

West Pharmaceutical Services, Inc.'s 7% growth in Contract-Manufactured Products is driven by increasing demand for injectable drugs, rising adoption of prefilled syringes and cartridges, and growing need for pharmaceutical packaging solutions. Additionally, the company's strategic partnerships, capacity expansions, and investments in advanced manufacturing technologies are contributing to its growth momentum.

West Pharmaceutical Services, Inc. Products

Product Range What is it ?
NovaPure Stopper A high-quality, ready-to-use stopper designed for use in lyophilization and other pharmaceutical applications
FluroTec Stoppers A line of fluoropolymer-coated stoppers designed for use in pharmaceutical and biotechnology applications
Westar RS Stoppers A line of ready-to-use, sterilized stoppers designed for use in pharmaceutical and biotechnology applications
Daikyo Crystal Zenith Stoppers A line of high-quality, ready-to-use stoppers designed for use in pharmaceutical and biotechnology applications
Self-Sealing Stoppers A line of self-sealing stoppers designed for use in pharmaceutical and biotechnology applications
Vial Containment Solutions A line of vial containment solutions designed for use in pharmaceutical and biotechnology applications
Syringe Containment Solutions A line of syringe containment solutions designed for use in pharmaceutical and biotechnology applications
Cartridge Containment Solutions A line of cartridge containment solutions designed for use in pharmaceutical and biotechnology applications
Contract Manufacturing Services A range of contract manufacturing services designed to support pharmaceutical and biotechnology companies
Analytical Services A range of analytical services designed to support pharmaceutical and biotechnology companies

West Pharmaceutical Services, Inc.'s Porter Forces

West Pharmaceutical Services, Inc. operates in a niche market with high barriers to entry, reducing the threat of substitutes. However, the company's products are not entirely unique, and some customers may find alternative solutions.

West Pharmaceutical Services, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often critical components of customers' manufacturing processes, making it difficult for customers to negotiate prices.

West Pharmaceutical Services, Inc. relies on a few key suppliers for certain raw materials, which gives these suppliers some bargaining power. However, the company's large scale and diversified supply chain mitigate this risk.

The pharmaceutical packaging industry has high barriers to entry, including significant capital expenditures and regulatory hurdles. This makes it difficult for new entrants to compete with established players like West Pharmaceutical Services, Inc.

The pharmaceutical packaging industry is highly competitive, with several established players competing for market share. West Pharmaceutical Services, Inc. must continually innovate and invest in R&D to maintain its market position.

Capital Structure

Value
Debt Weight 9.69%
Debt Cost 3.95%
Equity Weight 90.31%
Equity Cost 9.14%
WACC 8.63%
Leverage 10.73%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

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BDX Becton, Dickinson and Company develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general …
TMO Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
346.0$
Current Price
346$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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