Biofarm S.A.

BIO

Biofarm S.A. manufactures and sells medicines in Romania.The company offers a portfolio of products covering therapeutic areas, such as antiallergics, cardiovascular and circulatory, analgesics and an...

Website | Pharmaceutical Preparations | Healthcare

Automated Financial Analysis

🤵

Financial Advisor Insight

"Technicals confirm a positive long-term trend, supported by moving averages."

Sentiment: Neutral Action: Buy

"Company demonstrates strong financial health with positive growth and stability indicators."

High Profitability (Net Margin: 25.9%).
Undervalued based on PE (Current: 14.8 vs Fair: 15).
Bullish Trend (SMA50 > SMA200).
Overbought (RSI: 81.5).
Forecast: Continued Revenue Growth (~9.7% next year).

Technical Analysis

Trend Bullish (Long Term)
Last Cross
Golden Cross (10 months ago)
RSI (14) 81.5
SMA 50 0.88
SMA 200 0.82

Price Valuation

Current Price 1.12
Fair Value (PE 15) 1.13
Undervalued 2%
Graham Number 0.91
Downside 19%

Forecast

Rev Forecast (Next Yr) 314M
Growth Forecast 9.7%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
0.1
Less Volatile than Market
Correlation
0.05
Moves with Market
Relative Strength (1Y)
-6.07%
vs Benchmark
Index Returns (1Y)
58.4%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
BIO 77.0% 66.4% 52.7% 37.7% 34.7% 0.0% 0.0% 0.0%
BET - 144.7% 58.4% 21.9% 25.9% 8.6% 1.5% -0.3%
Alpha (Diff) - -78.3% -5.6% +15.7% +8.8% -8.6% -1.5% +0.3%

Financial Reports

Price Chart

ETAPA 1 • MUST HAVE

6/8
Healthy Leverage (Debt/Equity)
0.00
Target: < 1.5
Gross Margin vs Industry
0.0% vs 0.0%
Target: > 0.0%
Operating Cash Flow vs Profit
0%
Target: > 1.0
Free Cash Flow vs Profit
46%
Target: > 0.8
ROIC (Return on Capital)
10.69%
Target: Positive
ROIC vs WACC
ROIC: 10.7% / WACC: 4.6%
Target: > WACC
ROE (Return on Equity)
16.3%
Target: > 10%
EBITDA Positive
95.26M
Target: > 0

ETAPA 2 • CRITERII

7/9
Interest Coverage
Target: > 3x • 0.0x
Miss
Net Margin vs Industry
Target: > 0.0% • 25.9%
Passed
ROA vs Industry
Target: > 5.5% • 9.3%
Passed
Current Ratio
Target: > 1.5 • 4.34
Passed
Assets Growth (5y)
Target: > 0% • 10.5% CAGR
Passed
FCF CAGR (5y)
Target: > 5% • 29.9%
Passed
EV/EBITDA vs Industry
Target: < Industry • 0.0 vs 0.0
Miss
Net Debt / EBITDA
Target: < 3 • 0.01
Passed
Revenue CAGR (5y)
Target: > 5% • 7.3%
Passed

SNAPSHOT COMPANIE

Capitalizare
1.10B RON
EBITDA
95.26M
P/E Ratio
14.77
PEG Ratio
2.03
Dividend Yield
4.50%
Beta
0.10
Valoare Intrinsecă (Graham)
0.91 RON
Discount
-18.6%

Balance Sheet

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Cash & Equivalents 155,759,338 61,843,963 20,660,190 82,713,880 103,865,018
Short-Term Investments 30,000,000 62,000,000 91,000,000 - -
Totalcash 185,759,338 123,843,963 111,660,190 82,713,880 103,865,018
Cash Growth 60.07% 10.91% 35.00% -20.36% 37.49%
Accounts Receivable 145,900,549 129,956,492 86,165,730 117,664,030 95,636,855
Other Receivables 14,885,251 18,556,970 16,973,969 14,948,696 10,704,180
Receivables 160,785,800 148,513,462 103,139,699 132,612,726 106,341,035
Inventory 42,770,207 53,171,622 57,953,909 56,654,482 29,328,344
Prepaid Expenses - - - - -
Other Current Assets 3,464,280 2,947,244 2,395,806 1,999,018 613,242
Assetsc 392,779,625 328,476,291 275,149,604 273,980,106 240,147,639
Property, Plant & Equipment 196,233,052 199,170,107 193,716,330 170,930,851 159,267,486
Other Intangible Assets 1,489,298 1,218,765 771,809 63,958 220,808
Other Long-Term Assets 12,824,062 12,786,795 12,170,748 11,789,958 11,697,338
Assets 615,771,434 555,481,351 493,813,612 466,536,087 418,778,898
Accounts Payable 36,402,011 47,587,826 35,166,895 46,417,359 40,765,119
Accrued Expenses 26,291,186 15,473,853 12,818,031 12,910,567 10,612,005
Current Income Taxes Payable 4,944,534 1,842,002 2,389,082 1,974,462 -
Current Unearned Revenue - 1,130,308 21,261 15,953,773 21,408,834
Other Current Liabilities 11,811,287 9,602,770 8,107,867 8,389,234 12,557,300
Total Current Liabilities 79,449,018 75,636,759 58,503,136 85,645,395 85,343,258
Long-Term Debt 1,012,510 1,012,510 899,350 - -
Long-Term Deferred Tax Liabilities - - - - -
Other Long-Term Liabilities 531,719 570,625 - - -
Total Liabilities 80,993,247 77,219,894 59,402,486 86,480,516 85,991,581
Common Stock 98,537,535 98,537,535 98,537,535 98,537,535 98,537,535
Retained Earnings 422,149,264 365,632,534 321,782,203 274,330,564 227,062,310
Comprehensive Income & Other 14,265,355 14,265,355 14,265,355 7,361,439 7,361,439
Equity 534,778,187 478,261,457 434,411,126 380,055,571 332,787,317
Total Liabilities & Equity 615,771,434 555,481,351 493,813,612 466,536,087 418,778,898
Filing Date Shares Outstanding 985,367,224 985,367,224 985,367,224 985,367,224 985,367,224
Total Common Shares Outstanding 985,367,224 985,367,224 985,367,224 985,367,224 985,367,224
Book Value Per Share 0.54 0.49 0.44 0.39 0.34
Tangible Book Value 533,288,889 477,042,692 433,639,317 379,991,613 332,566,509
Tangible Book Value Per Share 0.54 0.48 0.44 0.39 0.34
Total Debt 1,012,510 1,012,510 899,350 - -
Net Cash (Debt) 184,746,828 122,831,453 110,760,840 82,713,880 103,865,018
Net Cash Growth 60.44% 10.90% 33.91% -20.36% 37.49%
Netcashpershare 0.17 0.11 0.10 0.08 0.10
Working Capital 313,330,607 252,839,532 216,646,468 188,334,711 154,804,381
Treasury Stock -173,967 -173,967 -173,967 -173,967 -173,967
Land 12,593,537 12,593,537 10,924,113 7,993,073 7,993,073
Buildings 66,688,791 66,665,648 64,975,381 73,261,701 73,261,701
Machinery 224,853,825 177,502,224 155,097,199 150,815,950 137,731,753
Construction In Progress 10,394,659 49,851,463 55,217,861 36,382,234 25,793,085
Pension & Post-Retirement Benefits - - - 835,121 648,323
Long-Term Deferred Tax Assets 12,445,397 13,829,393 12,005,121 9,771,214 7,445,627

Cash Flow Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Net Income 88,206,223 74,396,967 77,012,898 70,917,262 60,355,769
Depreciation & Amortization 17,403,724 17,027,781 16,959,885 15,500,531 13,729,158
Loss (Gain) From Sale of Assets -426,997 -163,713 -308,624 -50,924 -212,029
Loss (Gain) From Sale of Investments - - - - -
Asset Writedown & Restructuring Costs -134,692 -134,692 -2,782,712 -1,924,908 -387,953
Provision & Write-off of Bad Debts - - -1,724,474 -55,887 -
Change in Accounts Receivable -7,613,266 -46,370,880 30,800,713 -24,576,400 -3,303,557
Change in Inventory 2,125,073 2,223,310 -1,651,289 -29,763,086 3,433,018
Change in Other Net Operating Assets 12,384,762 13,173,436 -27,428,032 1,788,206 -874,665
Other Operating Activities -7,967,292 -2,561,428 -11,050,683 -2,817,498 -3,557,820
Ncfo 103,977,535 57,590,781 79,827,682 29,017,296 69,181,921
Ocf Growth 68.17% -27.86% 175.10% -58.06% 75.10%
Capex -14,093,417 -23,414,590 -29,842,137 -30,129,569 -21,450,501
Investment in Securities 40,000,000 29,000,000 -91,000,000 - 21,000,000
Other Investing Activities 8,596,623 7,030,873 6,881,772 2,457,773 877,502
Ncfi 34,930,202 12,784,717 -113,641,838 -27,620,872 827,496
Long-Term Debt Repaid - - - - -
Net Debt Issued (Repaid) - - - - -
Repurchase of Common Stock - - - - -
Common Dividends Paid -29,195,864 -29,191,725 -28,239,534 -22,547,562 -20,687,983
Financing Cash Flow -29,195,864 -29,191,725 -28,239,534 -22,547,562 -20,687,983
Net Cash Flow 109,711,873 41,183,773 -62,053,690 -21,151,138 49,321,434
Free Cash Flow 89,884,118 34,176,191 49,985,545 -1,112,273 47,731,420
Free Cash Flow Growth 268.41% -31.63% - - 297.13%
Fcf Margin 28.19% 11.92% 17.83% -0.40% 19.97%
Fcfps 0.08 0.03 0.05 0.00 0.05
Levered Free Cash Flow 69,389,267 18,498,973 36,033,450 -21,115,212 40,472,203
Unlevered Free Cash Flow 69,389,267 18,498,973 36,033,452 -21,115,156 40,472,205
Cash Interest Paid - - - - 2
Cash Income Tax Paid 15,827,587 11,509,027 9,250,952 14,633,228 13,744,813
Change Working Capital 6,896,569 -30,974,134 1,721,392 -52,551,280 -745,204
Sale of Property, Plant & Equipment 426,996 168,434 318,527 50,924 400,495

Income Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Revenue 318,891,171 286,771,613 280,288,775 276,982,692 239,044,656
Revenue Growth 12.93% 2.31% 1.19% 15.87% 10.45%
Operating Revenue 318,891,171 286,771,613 280,288,775 276,982,692 239,044,656
Other Revenue - - - - -
Cost of Revenue 50,899,703 47,151,065 49,977,248 45,694,737 40,444,407
Gp 267,991,468 239,620,548 230,311,527 231,287,955 198,600,249
Selling, General & Admin 118,281,283 108,597,898 109,680,563 105,689,340 90,132,477
Amortization of Goodwill & Intangibles - - - - 13,316,839
Other Operating Expenses 38,635,181 35,897,444 28,862,728 33,137,623 26,285,861
Operating Expenses 174,146,590 161,388,431 153,061,686 154,175,395 129,735,177
Operating Income 93,844,878 78,232,117 77,249,841 77,112,560 68,865,072
Interest Expense - - -2 -89 -3
Interest & Investment Income 7,974,123 6,408,373 6,881,775 3,138,361 877,503
Currency Exchange Gain (Loss) -782,468 - -156,898 - -
Other Non Operating Income (Expenses) - - - - -
EBT Excluding Unusual Items 101,036,533 84,640,490 83,974,716 80,250,832 69,742,572
Gain (Loss) on Sale of Assets -1,390 -4,721 -9,903 - -188,466
Gain (Loss) on Sale of Investments - - - - -
Asset Writedown - - - 1,841,383 -
Pretax Income 100,890,886 84,527,400 83,711,318 80,880,310 69,554,106
Income Tax Expense 12,684,663 10,130,433 6,698,420 9,963,048 9,198,337
Net Income 88,206,223 74,396,967 77,012,898 70,917,262 60,355,769
Net Income to Common 88,206,223 74,396,967 77,012,898 70,917,262 60,355,769
Net Income Growth 9.82% -3.40% 8.60% 17.50% 11.23%
Shares Basic 985,367,224 985,367,224 985,367,224 985,367,224 985,367,224
Shares Outstanding (Diluted) 1,084,503,892 1,084,503,892 1,080,124,796 1,071,257,734 1,060,580,886
Shares Yo Y 0.00 0.00 0.01 0.01 0.00
Eps Basic 0.09 0.08 0.08 0.07 0.06
EPS (Diluted) 0.08 0.07 0.07 0.07 0.06
EPS Growth 9.38% -3.79% 7.70% 16.35% 10.92%
Free Cash Flow 89,884,118 34,176,191 49,985,545 -1,112,273 47,731,420
Free Cash Flow Per Share 0.08 0.03 0.05 0.00 0.05
Dps 0.03 0.03 0.03 0.03 0.02
Dividend Growth - - 3.33% 25.00% 9.09%
Gross Margin 84.04% 83.56% 82.17% 83.50% 83.08%
Operating Margin 29.43% 27.28% 27.56% 27.84% 28.81%
Profit Margin 27.66% 25.94% 27.48% 25.60% 25.25%
Free Cash Flow Margin 28.19% 11.92% 17.83% -0.40% 19.97%
Effective Tax Rate 0.13 0.12 0.08 0.12 0.13
EBITDA 111,248,602 95,259,898 94,209,726 92,613,091 82,594,230
D&A For EBITDA 17,403,724 17,027,781 16,959,885 15,500,531 13,729,158
EBITDA Margin 34.89% 33.22% 33.61% 33.44% 34.55%
EBIT 93,844,878 78,232,117 77,249,841 77,112,560 68,865,072
EBIT Margin 29.43% 27.28% 27.56% 27.84% 28.81%
Legal Settlements -144,257 -108,369 -253,495 -1,211,905 -
Advertising Expenses - 56,684,678 56,873,015 57,892,367 48,379,416
Payoutratio 33.10% 39.24% 36.67% 31.79% 34.28%

Ratios and Metrics

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Marketcap 811,942,593 703,552,198 811,942,593 606,986,210 821,796,265
Market Cap Growth 9.87% -13.35% 33.77% -26.14% 94.86%
Enterprise Value 627,195,762 588,404,077 698,647,192 496,303,579 702,962,134
Last Close Ratios 82.40% 68.88% 76.43% 54.71% 71.32%
Pe 10.13 9.46 10.54 8.56 13.62
Forward PE - 11.26 11.26 11.26 11.26
PS Ratio 2.55 2.45 2.90 2.19 3.44
PB Ratio 1.52 1.47 1.87 1.60 2.47
P/TBV Ratio 1.52 1.48 1.87 1.60 2.47
P/FCF Ratio 9.03 20.59 16.24 - 17.22
P/OCF Ratio 7.81 12.22 10.17 20.92 11.88
EV/Sales Ratio 1.97 2.05 2.49 1.79 2.94
EV/EBITDA Ratio 5.64 6.18 7.42 5.36 8.51
EV/EBIT Ratio 6.68 7.52 9.04 6.44 10.21
EV/FCF Ratio 6.98 17.22 13.98 - 14.73
Debt / Equity Ratio 0.00 0.00 0.00 - -
Debt / EBITDA Ratio 0.01 0.01 0.01 - -
Debt / FCF Ratio 0.01 0.03 0.02 - -
Asset Turnover 54.90% 54.70% 58.40% 62.60% 60.40%
Inventory Turnover 113.50% 84.90% 87.20% 106.30% 128.00%
Quick Ratio 4.36 3.60 3.67 2.51 2.46
Current Ratio 4.94 4.34 4.70 3.20 2.81
Roe 17.43% 16.30% 18.91% 19.90% 19.33%
Return on Assets (ROA) 10.09% 9.32% 10.06% 10.89% 10.88%
Return on Capital (ROIC) 11.57% 10.69% 11.84% 13.52% 13.79%
Return on Capital Employed (ROCE) 0.18 0.16 0.18 0.20 0.21
Earningsyield 10.86% 10.57% 9.49% 11.68% 7.34%
FCF Yield 11.07% 4.86% 6.16% -0.18% 5.81%
Dividend Yield 3.76% 4.50% 4.06% 5.48% 3.36%
Payout Ratio 33.10% 39.24% 36.67% 31.79% 34.28%
Buyback Yield / Dilution -0.41% -0.40% -0.83% -1.01% -0.34%
Totalreturn 3.36% 4.10% 3.23% 4.48% 3.02%

Price History

Sep 24, 2018 — Jan 26, 2026 1825 Records
Date Open High Low Close Volume
2026-01-26 1.09 1.13 1.09 1.12 255,433
2026-01-25 1.08 1.09 1.05 1.09 43,759
2026-01-24 1.07 1.09 1.05 1.08 68,166
2026-01-22 1.07 1.09 1.05 1.08 68,166
2026-01-21 1.05 1.08 1.05 1.07 142,506
2026-01-20 1.05 1.07 1.03 1.04 85,421
2026-01-19 1.07 1.09 1.04 1.04 120,417
2026-01-18 1.11 1.11 1.03 1.07 257,478
2026-01-15 1.12 1.15 1.09 1.11 523,040
2026-01-14 1.16 1.20 1.08 1.12 1,852,921
2026-01-13 0.91 1.05 0.91 1.05 862,901
2026-01-12 0.84 0.85 0.84 0.85 113,188
2026-01-11 0.84 0.85 0.84 0.85 113,188
2026-01-09 0.84 0.86 0.84 0.85 410,309
2026-01-08 0.84 0.86 0.84 0.85 410,309
2026-01-07 0.82 0.84 0.82 0.84 252,678
2026-01-06 0.82 0.84 0.81 0.83 60,696
2026-01-05 0.82 0.84 0.81 0.83 60,696
2026-01-04 0.82 0.84 0.81 0.83 60,696
2026-01-01 0.82 0.82 0.81 0.81 64,103
2025-12-31 0.82 0.82 0.81 0.81 64,103
2025-12-30 0.82 0.82 0.81 0.81 64,103
2025-12-29 0.82 0.82 0.81 0.81 64,103
2025-12-28 0.82 0.82 0.81 0.82 39,766
2025-12-25 0.82 0.82 0.81 0.81 126,947
2025-12-24 0.82 0.82 0.81 0.81 126,947
2025-12-23 0.82 0.82 0.81 0.81 126,947
2025-12-22 0.82 0.82 0.81 0.81 126,947
2025-12-21 0.82 0.82 0.82 0.82 29,539
2025-12-19 0.82 0.82 0.82 0.82 100,317
2025-12-18 0.82 0.82 0.82 0.82 100,317
2025-12-17 0.83 0.83 0.80 0.81 372,395
2025-12-16 0.83 0.83 0.82 0.83 31,437
2025-12-15 0.83 0.83 0.82 0.83 15,350
2025-12-14 0.83 0.83 0.82 0.82 11,983
2025-12-12 0.83 0.83 0.82 0.83 227,195
2025-12-11 0.83 0.83 0.82 0.83 227,195
2025-12-10 0.82 0.83 0.81 0.83 65,720
2025-12-09 0.83 0.83 0.81 0.81 41,507
2025-12-08 0.83 0.83 0.81 0.83 55,674
2025-12-07 0.84 0.84 0.82 0.83 66,381
2025-12-05 0.84 0.84 0.81 0.82 73,368
2025-12-04 0.84 0.84 0.81 0.82 73,368
2025-12-03 0.83 0.84 0.81 0.83 61,717
2025-12-02 0.83 0.84 0.81 0.83 111,250
2025-12-01 0.83 0.83 0.81 0.81 113,395
2025-11-30 0.82 0.83 0.81 0.83 35,446
2025-11-28 0.82 0.83 0.81 0.83 35,446
2025-11-27 0.82 0.83 0.81 0.83 35,446
2025-11-26 0.83 0.83 0.81 0.82 21,449