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GSK plc (GSKN) Fair Value & Analysis

Healthcare · MX · Market cap 1.8T MXN

GP GSK plc GSKN · MX
Price917.00 MXN
Fair Value879.08 MXN
Upside-4.1%
Quality70/100
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Weak Growth
Solidly profitable · 17.8% net margin
Moderate debt · generates free cash flow
0.07% dividend yield
Wide moat 84/100
Evidence: High Range 652.64 MXN – 1,435 MXN Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 1,078 MXN to 879.08 MXN (−18.5%) since Jul 17, 2026. Share price +1.8% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (652.64 MXN to 1,435 MXN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1,031 MXN 509.71 MXN Fair Value 879.08 MXN Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 509.71 MXN – 1,031 MXN · fair‑value band 652.64 MXN – 1,435 MXN · the 917.00 MXN price screens above the 879.08 MXN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

GSK plc (GSKN) currently trades at 917.00 MXN, while our model-based Fair Value estimate is 879.08 MXN, implying the stock looks roughly 4.1% fairly valued today. The Quality Score stands at 70/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, GSK plc generated revenue of 32.8B MXN at a net margin of 17.8%. Revenue grew 1.5% year over year. It earns a return on equity of 40.9%. Net debt stands at 13.7B MXN. Fundamentals as of Aug 13, 2026

Our scenario range runs from 652.64 MXN (bear case) to 1,435 MXN (bull case); at 917.00 MXN, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 11% below its 52-week high and 35% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -20% fair-value upside, at -4%, GSKN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (5.48 MXN to 69.03 MXN). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 21.29 MXN 31.53 MXN 48.09 MXN 80
Residual Income 19.92 MXN 26.72 MXN 193.05 MXN 76
Rev-Margin DCF 24.20 MXN 39.97 MXN 57.93 MXN 74
All 24 models by family
DCF Models
FCF DCF 20.24 MXN 30.80 MXN 48.93 MXN 38
Owner Earnings 21.80 MXN 33.00 MXN 52.23 MXN 31
5Y Revenue Exit 24.20 MXN 39.64 MXN 60.36 MXN 39
5Y EBITDA Exit 34.87 MXN 58.05 MXN 86.21 MXN 41
5Y P/E Exit 29.99 MXN 49.63 MXN 70.95 MXN 38
10Y Revenue Exit 21.52 MXN 35.12 MXN 51.24 MXN 36
10Y EBITDA Exit 29.25 MXN 47.65 MXN 69.38 MXN 37
10Y P/E Exit 26.17 MXN 41.92 MXN 58.67 MXN 35
Earnings-Based
Graham-Dodd 19.41 MXN 36.67 MXN 45.62 MXN 54
EPV 32.04 MXN 38.66 MXN 44.53 MXN 59
Dividend Discount
Gordon GGM 12.31 MXN 17.06 MXN 22.04 MXN 70
DDM Multi-Stage 12.31 MXN 17.36 MXN 23.59 MXN 61
Multiples
P/E Multiple 47.09 MXN 62.79 MXN 78.49 MXN 63
P/S Multiple 36.39 MXN 48.52 MXN 60.65 MXN 58
P/B Multiple 27.60 MXN 36.80 MXN 46.00 MXN 55
EV/EBIT 47.66 MXN 65.35 MXN 83.04 MXN 53
EV/EBITDA 50.42 MXN 69.03 MXN 87.65 MXN 54
EV/Revenue 28.83 MXN 43.51 MXN 58.19 MXN 43
Asset-Based
NCAV (Graham) 4.09 MXN 5.48 MXN 8.18 MXN 50
Growth DCF
Growth DCF 21.29 MXN 31.53 MXN 48.09 MXN 80
Rev-Margin DCF 24.20 MXN 39.97 MXN 57.93 MXN 74
Economic Profit
Residual Income 19.92 MXN 26.72 MXN 193.05 MXN 76
ROIC Compounder 32.98 MXN 41.02 MXN 49.13 MXN 72
Growth Earnings
Growth-Adj P/E 33.58 MXN 47.98 MXN 62.37 MXN 68

Widest divergence: Multiples (48.52 MXN) versus Asset-Based (5.48 MXN). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 32.8B MXN
Revenue growth (YoY) +1.5%
Net margin 17.8%
Return on equity 40.9%
Free cash flow 4.8B MXN FY2025
P/E ratio 13.9
More key figures
Operating margin 36.3%
EPS (TTM) 65.75 MXN
Dividend yield 0.1%
EPS growth (YoY) +8.4%
Net debt 13.7B MXN FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 65 · Market factors (momentum, volatility) 63

Profitability 68
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 62
Distance to the 52-week high (market factor)
Net Issuance 93
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

GSK plc, together with its subsidiaries, engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through Commercial Operations and Total R&D segments.

Full company description

GSK plc, together with its subsidiaries, engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through Commercial Operations and Total R&D segments. The company offers specialty medicines that include oncology, respiratory/immunology, inflammation, and inhaled medicines for HIV, respiratory eosinophildriven diseases, lupus and lupus nephritis, ovarian cancer, and endometrial cancer. It also provides vaccines for Shingles, Meningitis, RSV, Seasonal Influenza, Hepatitis, Diphtheria, Tetanus, Acellular Pertussis, Rotavirus, Pertussis, Polio, Haemophilus, Invasive Diseases, Pneumonia, Acute Otitis Media, Measles, Mumps, Rubella and Chickenpox, and Human Papilloma Virus. Additionally, the company offers general medicines for asthma, COPD, bacterial infection, benign prostatic hyperplasia, allergic rhinitis, and inflammatory skin conditions. It also focuses on the discovery, development, and commercialization of oral small molecule therapies for patients with unmet needs in oncology and inflammatory diseases. It has a collaboration agreement with CureVac to develop mRNA vaccines for infectious diseases. The company has a strategic alliance with AN2 Therapeutics, Inc. for the development of new therapies for TB. GSK plc was formerly known as GlaxoSmithKline plc and changed its name to GSK plc in May 2022. The company was founded in 1715 and is headquartered in London, United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GSK plc reported revenue of 32.7B MXN in FY2025 versus 34.1B MXN in FY2021, a compound −1.1%/yr. Reported net income was 5.7B MXN in FY2025, compounding +6.9%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
32.7B MXN
Latest YoY
+4.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.9%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.8%
Revenue −1.1%/yr
FY21 34.1B MXN
FY22 29.3B MXN
FY23 30.3B MXN
FY24 31.4B MXN
FY25 32.7B MXN
Net income +6.9%/yr
FY21 4.4B MXN
FY22 15.0B MXN
FY23 4.9B MXN
FY24 2.6B MXN
FY25 5.7B MXN

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Cite: Fair Value Calculator (2026). "GSK plc Fair Value". https://www.fairvalue-calculator.com/stock/GSKN

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Drug Manufacturers - General stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Eli Lilly and Company LLY $1,220 $389.47 -68%
Johnson & Johnson, JNJ $260.86 $169.04 -35%
AbbVie Inc ABBV $248.76 $67.72 -73%
Roche Holding 1RO €392.80 €240.14 -39%
Merck & Co MRK €115.42 €118.21 +2%
Novartis AG NVSN 2,742 MXN 1,964 MXN -28%
AstraZeneca PLC AZN $158.50 $127.32 -20%
Novo Nordisk A/S NOVOB kr 299.50 kr 409.46 +37%
Sanofi SNYN 770.00 MXN 1,041 MXN +35%
Bayer Aktiengesellschaft BAYER 17,685 HUF 14,810 HUF -16%

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Frequently asked questions

Is GSK plc (GSKN) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 879.08 MXN versus a price of 917.00 MXN, about −4% (fairly valued).
What is the fair value of GSKN?
Our model-based fair value for GSK plc is 879.08 MXN (as of Aug 13, 2026), built from audited fundamentals. The current price is 917.00 MXN.
What is the quality score of GSKN?
GSK plc has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of GSK plc (GSKN)?
GSK plc reported trailing-twelve-month revenue of about 32.8B MXN (latest available figure, as of Aug 13, 2026).
What is the net profit margin of GSKN?
The net profit margin of GSK plc is about 17.8%, meaning it keeps roughly 17.8% of revenue as net income. Based on the latest reported figures.
Does GSK plc pay a dividend?
GSK plc currently shows a dividend yield of about 0.07% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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