argenx SE

argenx SE

782.60
EUR
-10.60
(-1.34%)
22.88EPS
33.27P/E
50.64BMarket Cap
Mar 04Next Earn

Total Valuation

EUR

As of June 30, 2026, argenx SE carries a market capitalization of 50.64B, placing it among publicly traded companies globally. Its enterprise value stands at 46.15B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap50.64B
Enterprise Value46.15B

Important Dates

argenx SE's next confirmed earnings release is scheduled for March 4, 2027.

Earnings Date3/4/2027

Share Statistics

As of June 30, 2026, argenx SE has 62.54M shares outstanding.

Shares Outstanding62.54M

Valuation Ratios

As of June 30, 2026, argenx SE trades at a trailing price-to-earnings ratio of 33.27. The price-to-sales ratio is 10.91, and the price-to-book ratio stands at 6.87.

PE Ratio33.27
PS Ratio10.91
PB Ratio6.87
P/TBV Ratio7.10

Enterprise Valuation

As of June 30, 2026, argenx SE trades at an EV/EBITDA multiple of 32.93 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 10.08 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 32.93 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 46.15B versus a market cap of 50.64B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales10.08
EV / EBITDA32.93
EV / EBIT32.93

Financial Position

As of June 30, 2026, argenx SE maintains a current ratio of 5.12, meaning it holds 5.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.56, indicating moderate leverage, while an interest coverage ratio of 418.95 demonstrates strong ability to service its debt obligations.

Current Ratio5.12
Quick Ratio4.52
Debt / Equity0.56
Debt / EBITDA0.03
Interest Coverage418.95

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, argenx SE posted a return on equity (ROE) of 23.64, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 21.44 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 19.94, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 23.54, useful for judging operating efficiency across full business cycles. The company generates approximately 2.55M in revenue per employee across its workforce of 1,797.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.48 indicates how many times argenx SE sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)23.64
Return on Assets (ROA)19.94
Return on Invested Capital (ROIC)21.44
Return on Capital Employed (ROCE)23.54
Revenue Per Employee2.55M
Employee Count1,797.00
Inventory Turnover1.48

Taxes

EUR

Over the twelve months ended June 30, 2026, argenx SE recorded 27.26M in income tax expense. That works out to an effective tax rate of 1.78, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.53B, leaving 1.50B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax27.26M
Effective Tax Rate1.78

Stock Price Statistics

EUR

As of the close on October 22, 2026, argenx SE's stock has gained approximately 11.86% over the past 52 weeks. The 50-day moving average sits at 833.19, while the 200-day moving average is 738.31.

52-Week Price Change11.86%
50-Day Moving Average833.19
200-Day Moving Average738.31

Income Statement

EUR

Over the twelve months ended June 30, 2026, argenx SE generated 4.58B in revenue and converted that into 1.50B in net income, yielding earnings per share of 22.88. EBITDA reached 1.40B, while operating income came in at 1.40B.

Revenue4.58B
Gross Profit4.12B
Operating Income1.40B
Pretax Income1.53B
Net Income1.50B
EBITDA1.40B
EBIT1.40B
Earnings Per Share (EPS)22.88

Balance Sheet

EUR

As of June 30, 2026, argenx SE holds 4.54B in cash and equivalents against 41.14M in total debt, resulting in a net debt position of -3.14B. Total book value stands at 7.37B, with working capital of 5.68B providing operational flexibility.

Cash & Cash Equivalents4.54B
Total Debt41.14M
Net Debt-3.14B
Equity (Book Value)7.37B
Book Value Per Share117.81
Working Capital5.68B

Margins

Over the twelve months ended June 30, 2026, argenx SE posted a gross margin of 89.96, reflecting its pricing power and cost economics. The operating margin of 30.56 and net profit margin of 32.81 provide insight into operational efficiency.

Gross Margin89.96
Operating Margin30.56
Pretax Margin33.42
Profit Margin32.81
EBITDA Margin30.62

Scores

As of June 30, 2026, argenx SE has an Altman Z-Score of 23.45, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score23.45