EN DE

Ypsomed Holding AG (YPSN) Fair Value & Analysis

Healthcare · CH · Market cap CHF 5.0B · ISIN CH0019396990

What is Ypsomed Holding AG really worth?

YH Ypsomed Holding AG YPSN · SW
PriceCHF 395.80
Fair ValueCHF 182.01
Upside−54.0%
Quality64/100

A solid business, but trading 117% above our fair value of CHF 182.01.

Watch Ypsomed Holding AG for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Highly profitable · 30.4% net margin
Wide moat 85/100

Risks

!Expensive Growth (revenue 5y +12.6 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (6/14)
!The models disagree: range CHF 122.48 to CHF 380.08
!Weak on dividend: 22 out of 100

For context

·1.11% dividend yield
Evidence: High Range CHF 122.48 – CHF 380.08

Fair value as of: Sep 2, 2026

From 16 valuation models · updated 2 days ago

Share price +2.8% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (CHF 380.08). The favourable scenario is already priced in.
  • The model range is unusually wide (CHF 122.48 to CHF 380.08). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

CHF 430.68 CHF 119.83 Fair Value CHF 182.01 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 2, 2026.

How to read this chart

60‑month range CHF 119.83 – CHF 430.68 · fair‑value band CHF 122.48 – CHF 380.08 · the CHF 395.80 price screens above the CHF 182.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 2, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Ypsomed Holding AG (YPSN) currently trades at CHF 395.80, while our model-based Fair Value estimate is CHF 182.01, implying the stock looks roughly 117.4% overvalued today. The Quality Score stands at 64/100 (solid quality), in the Healthcare sector. Bull case: the Growth Earnings group reads highest at a median of CHF 335.40 per share, and 0 of the 16 models we run sit above the CHF 395.80 price. Bear case: the Dividend Discount group reads lowest at CHF 33.64, and 16 of the 16 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Ypsomed Holding AG generated revenue of CHF 731M at a net margin of 30.4%. Revenue declined 13.3% year over year. It earns a return on equity of 31.1%. Net debt stands at CHF 232M. Fundamentals as of Sep 2, 2026

Our scenario range runs from CHF 122.48 (bear case) to CHF 380.08 (bull case); at CHF 395.80, the current price sits above 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 10% below its 52-week high and 52% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −46% fair-value upside, at −54%, YPSN screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly CHF 5.11 per share, which is 2.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
EPV best evidence CHF 146.81 CHF 170.99 CHF 191.85 74
ROIC Compounder CHF 158.05 CHF 198.76 CHF 244.60 72
Gordon GGM CHF 20.06 CHF 39.96 CHF 60.51 67
All 16 models by family
Earnings-Based
Graham-Dodd CHF 114.79 CHF 382.92 CHF 512.68 64
Lynch FV CHF 86.85 CHF 124.07 CHF 161.29 61
PEG = 1.0 CHF 86.85 CHF 124.07 CHF 161.29 57
EPV best evidence CHF 146.81 CHF 170.99 CHF 191.85 74
Dividend Discount
Gordon GGM CHF 20.06 CHF 39.96 CHF 60.51 67
DDM Multi-Stage CHF 20.06 CHF 33.64 CHF 42.18 67
Multiples
P/E Multiple CHF 278.53 CHF 371.37 CHF 464.21 63
P/S Multiple CHF 145.95 CHF 194.60 CHF 243.25 58
P/B Multiple CHF 192.06 CHF 256.07 CHF 320.09 55
EV/EBIT CHF 232.32 CHF 311.86 CHF 391.41 66
EV/EBITDA CHF 255.86 CHF 343.26 CHF 430.65 67
EV/Revenue CHF 110.43 CHF 160.47 CHF 210.51 53
Asset-Based
NCAV (Graham) CHF 28.45 CHF 38.13 CHF 56.91 54
Economic Profit
Residual Income CHF 116.22 CHF 172.02 CHF 1,478 64
ROIC Compounder CHF 158.05 CHF 198.76 CHF 244.60 72
Growth Earnings
Growth-Adj P/E CHF 234.78 CHF 335.40 CHF 436.01 67

Widest divergence: Growth Earnings (CHF 335.40) versus Dividend Discount (CHF 33.64). Highest evidence: EPV (74).

Notify me when YPSN reaches fair value

Put YPSN on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 24.3
P/S ratio 7.37 P/E × margin
EPS (TTM) CHF 16.31 price ÷ EPS = P/E 24.3
Dividend yield 1.1% payout 27.0%
Net margin 30.4% FY2026
Return on equity 31.1% TTM
More key figures
Profitability
Return on assets (EBIT) 9.1% avg 5y
Operating margin 26.5% TTM
Growth
Revenue (TTM) CHF 731M TTM
Revenue growth (YoY) −13.3% 3y avg +13.7%
EPS growth (YoY) +51.7%
Balance sheet & cash flow
Free cash flow −CHF 16.3M FY2026
Net debt CHF 232M FY2026

Figures from reported company fundamentals · as of Sep 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 62 · Market factors (momentum, volatility) 65

Profitability 74
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 23
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 66
Price trend over the last 3–12 months (market factor)
52W Momentum 57
Distance to the 52-week high (market factor)
Net Issuance 81
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Ypsomed Holding AG, together with its subsidiaries, develops, manufactures, and sells injection and infusion systems for safe and simple self-medication in Switzerland, Europe, North America, and internationally. The company offers various injection systems, such as pen injectors, auto-injectors, and wearable injectors, as well as other related services.

Full company description

Ypsomed Holding AG, together with its subsidiaries, develops, manufactures, and sells injection and infusion systems for safe and simple self-medication in Switzerland, Europe, North America, and internationally. The company offers various injection systems, such as pen injectors, auto-injectors, and wearable injectors, as well as other related services. It offers contract manufacturing of infusion sets and reservoirs. The company markets its products to hospitals, doctors, pharmacies and patients via subsidiaries and distributors. Ypsomed Holding AG was founded in 1984 and is headquartered in Burgdorf, Switzerland.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Ypsomed Holding AG reported revenue of CHF 731M in FY2026 versus CHF 465M in FY2022, a compound +12.0%/yr. Reported net income was CHF 222M in FY2026, compounding +76.0%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.

Growth Quality 53/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
CHF 731M
Latest YoY
−2.4%
Avg. revenue 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.
+13.7%
Avg. revenue 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.
+12.6%
Avg. revenue growth/yr (24Y) 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.
+8.6%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+78.5% (77.4 + 1.1)
Revenue +12.0%/yr
FY22 CHF 465M
FY23 CHF 497M
FY24 CHF 548M
FY25 CHF 749M
FY26 CHF 731M
Net income +76.0%/yr
FY22 CHF 23.1M
FY23 CHF 51.3M
FY24 CHF 78.4M
FY25 CHF 87.5M
FY26 CHF 222M
Character of growth · EPS growth decomposed (2015-2026) +15.1 % p.a.
Revenue per share +6.9 %

of which total revenue +7.8 % · buybacks/dilution −0.9 %

EBIT margin +6.7 %
Tax rate +1.0 %
Residual (interest, one-offs) −0.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

YPSN screens 117% overvalued. Compare with Intuitive Surgical, Inc →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Ypsomed Holding AG Fair Value". https://www.fairvalue-calculator.com/stock/YPSN

Peer Group

Medical Instruments & Supplies · 194 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 64 · Above median
Fair Value upside −54% · Below median
Return on equity (TTM) 31% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 30% · Top 25%
Operating margin (TTM) 26% · Top 25%
Revenue growth −13% · Bottom 25%
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.15× · Higher than median

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/E (TTM) 24.3× · Cheaper than median
P/B 8.19× · Pricier than 75% of peers
P/S (TTM) 8.39× · Pricier than 75% of peers
EV/EBITDA 19.1× · Pricier than median
PEG 3.37× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE0 · sector 29
PAST100 · sector 26
HEALTH93 · sector 96
DIVIDEND22 · sector 30

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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

Similar stocks

10 more Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Sep 2, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $367.07 $150.04 −59%
EssilorLuxottica Société anonyme EL €160.35 €94.93 −41%
Medline Inc MDLN $36.59 $30.15 −18%
Becton, Dickinson and Company BDX $187.12 $100.46 −46%
Alcon Inc ALC $72.23 $39.78 −45%
ResMed Inc RMD A$33.19 A$26.23 −21%
West Pharmaceutical Services, Inc WST $337.47 $141.58 −58%
Sartorius Stedim Biotech S.A DIM €197.70 €48.88 −75%
Straumann Holding STMN CHF 97.38 CHF 47.31 −51%
Sartorius Aktiengesellschaft SRT3 €253.50 €63.30 −75%

Compare Ypsomed Holding AG with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Ypsomed Holding AG (YPSN) overvalued or undervalued?
As of Sep 2, 2026, our model estimates a fair value of CHF 182.01 versus a price of CHF 395.80, about −54% upside (overvalued).
What is the fair value of YPSN?
Our model-based fair value for Ypsomed Holding AG is CHF 182.01 (as of Sep 2, 2026), built from audited fundamentals. The current price: CHF 395.80.
What is the quality score of YPSN?
Ypsomed Holding AG has a Quality Score of 64/100. 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 Ypsomed Holding AG (YPSN)?
Ypsomed Holding AG reported trailing-twelve-month revenue of about CHF 731M (latest available figure, as of Sep 2, 2026).
What is the net profit margin of YPSN?
The net profit margin of Ypsomed Holding AG is about 30.4%, meaning it keeps roughly 30.4% of revenue as net income. Based on the latest reported figures.
Does Ypsomed Holding AG pay a dividend?
Ypsomed Holding AG currently shows a dividend yield of about 1.11% relative to its recent price (as of Sep 2, 2026).
Free · no account needed

Watch Ypsomed Holding AG in the live analysis

One click puts Ypsomed Holding AG on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.