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Roche Holding (1RO) Fair Value & Analysis

Healthcare · IT · Market cap €301B

RH Roche Holding 1RO · MI
Price€377.80
Fair Value€280.03
Upside-25.9%
Quality71/100
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Evidence: Medium Range €186.81 – €399.89

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price +8.8% over the past month.

Price vs Fair Value (12 months)

€401.32 €263.67 Fair Value €280.03 Jul 2025 Jul 2026

12‑month range €263.67 – €401.32 · fair‑value band €186.81 – €399.89 · the €377.80 price screens above the €280.03 fair value. As of Jul 3, 2026.

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Analysis

Roche Holding (1RO) currently trades at €377.80, while our model-based Fair Value estimate is €280.03 — implying the stock looks roughly 25.9% overvalued today. We read business quality at 71/100 (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: medium).

Over the trailing twelve months, Roche Holding generated revenue of €63.4B at a net margin of 20.3%. Revenue declined 0.4% year over year. It earns a return on equity of 37.3%. Net debt stands at €26.1B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) €63.4B
Revenue growth (YoY) -0.4%
Net margin 20.3%
Return on equity 37.3%
Free cash flow €13.1B FY2025
P/E ratio 21.7
More key figures
Operating margin 30.0%
EPS (TTM) €17.39
Dividend yield 2.7%
EPS growth (YoY) +171%
Net debt €26.1B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Roche Holding AG engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and New Zealand. The company offers pharma solutions in the therapeutic areas of anaemia, blood and solid tumors, dermatology, haematology, infectious diseases, inflammatory and autoimmune, neurological disorders, ophthalmology, respiratory disorders, and transplantation. It also provides in vitro tests for the diagnosis of various diseases, such as cancer, diabetes, Covid-19, hepatitis, human papillomavirus, and others; diagnostic instruments; and digital health solutions. Roche Holding AG has a collaboration agreement with Excalipoint Therapeutics to evaluate EXP011 in DLL3-expressing solid tumors. The company was founded in 1896 and is based in Basel, Switzerland.

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Roche Holding reported revenue of €63.4B in FY2025 versus €65.8B in FY2022, a compound −1.3%/yr. Reported net income was €12.9B in FY2025, compounding +1.2%/yr from FY2022.

Revenue −1.3%/yr
FY22 €65.8B
FY23 €60.4B
FY24 €62.4B
FY25 €63.4B
Net income +1.2%/yr
FY22 €12.4B
FY23 €11.5B
FY24 €8.3B
FY25 €12.9B

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Similar stocks

6 more Drug Manufacturers - General stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Eli Lilly and Company LLY $1,131 $447.74 -60%
Johnson & Johnson, JNJ 4,128 MXN 159.68 MXN -96%
AbbVie Inc ABBV $224.95 $129.90 -42%
Merck & Co MRCK34 R$77.92 R$40.37 -48%
AstraZeneca PLC A1ZN34 R$150.60 R$23.54 -84%
Novartis AG N1VS34 R$77.00 R$70.07 -9%

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Frequently asked questions

Is Roche Holding (1RO) undervalued?
As of Jul 3, 2026, our model estimates a fair value of €280.03 versus a price of €377.80 — about −26% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1RO?
Our model-based fair value for Roche Holding is €280.03 (as of Jul 3, 2026), built from audited fundamentals. The current price is €377.80.
What is the quality score of 1RO?
Roche Holding has a Quality Score of 71/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Roche Holding (1RO)?
Roche Holding reported trailing-twelve-month revenue of about €63.4B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1RO?
The net profit margin of Roche Holding is about 20.3%, meaning it keeps roughly 20.3% of revenue as net income. Based on the latest reported figures.
Does Roche Holding pay a dividend?
Roche Holding currently shows a dividend yield of about 2.69% relative to its recent price (as of Jul 3, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.