Novartis

NOVN · SIX · CHF

CHF 118.06Change from previous close: −1.58%Absolute change: −CHF 1.90

Close · October 1, 2026

Valuation

Data as of October 1, 2026

Valuation multiples

Market cap
CHF 224.4B
Enterprise value
CHF 266.2B
P/E (trailing 12 months)
21.4
Forward P/E
14.4
PEG
3.41
Price/book
6.55
Price/sales
3.96
EV/EBITDA
11.5
EV/revenue
4.70

Profitability and growth

Gross margin
75.0%
Operating margin
34.6%
Net margin
22.5%
ROE
30.4%
ROA
10.3%
Revenue growth (year over year)
0.8%
Earnings growth (year over year)
-17.0%

Financial health

Total cash
CHF 7.62B
Total debt
CHF 49.01B
Debt/equity
1.17
Current ratio
0.86
Quick ratio
0.55

Dividends

Annual dividend per share
CHF 3.70
Dividend yield
3.1%
Payout ratio
69.9%
Ex-dividend date
March 10, 2026

Analysts and estimates

Average price target
CHF 126.24
Median price target
CHF 126.58
High price target
CHF 151.25
Low price target
CHF 100.51
Number of analysts
22
Consensus
Hold
Forward EPS
CHF 8.22
EPS estimate, current year
CHF 8.84

Shares and trading

Beta
0.49
Average volume
2.72M
Shares outstanding
1.9B
Float
1.86B
Institutional ownership
46.0%
Insider ownership
2.1%