AMGN
Amgen Inc
Price:  
312.47 
USD
Volume:  
1,973,639.00
United States | Biotechnology
Valuation
Overview
Financials
Forecast
Compare
Historical Price
SolvencyDividends
Transactions
People

Amgen Fair Value

-88.77 %
Upside

As of 2024-05-18, the Fair Value of Amgen Inc (AMGN) is 35.08 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 312.47 USD, the upside of Amgen Inc is -88.77%.

312.47 USD
Stock Price
35.08 USD
Fair Price
FAIR VALUE CALCULATION

Amgen Fair Value

Peter Lynch's formula is:

Amgen Fair Value
= Earnings Growth Rate x TTM EPS
Amgen Fair Value
= 5.00 x 7.02
Amgen Fair Value
= 35.08

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 7,842.00 7,264.00 5,893.00 6,552.00 6,717.00 6,853.60
YoY growth -6.58% -7.37% -18.87% 11.18% 2.52% -3.82%

Amgen Fair Value - Key Data

Market Cap (mil) 167,602.66
P/E 44.54x
Forward P/E 22.22x
EPS 7.02
Avg earnings growth rate -3.82%
TTM earnings 3,763.00