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Cipher Pharmaceuticals Inc (CPH) Fair Value & Analysis

Healthcare · CA · Market cap C$428M

CP Cipher Pharmaceuticals Inc CPH · TO
PriceC$16.34
Fair ValueC$13.33
Upside-18.4%
Quality95/100
Evidence: High Range C$10.02 – C$38.57

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from C$24.20 to C$13.33 (−44.9%) since Jun 23, 2026. Share price −0.1% over the past month.

Price vs Fair Value (12 months)

C$19.35 C$11.81 Fair Value C$13.33 Jun 2025 Jun 2026

12‑month range C$11.81 – C$19.35 · fair‑value band C$10.02 – C$38.57 · the C$16.34 price screens above the C$13.33 fair value. As of Jun 24, 2026.

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Analysis

Cipher Pharmaceuticals Inc (CPH) currently trades at C$16.34, while our model-based Fair Value estimate is C$13.33 — implying the stock looks roughly 18.4% overvalued today. We read business quality at 95/100 (high 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, Cipher Pharmaceuticals Inc generated revenue of C$50.9M at a net margin of 60.6%. Revenue grew 4.0% year over year. It earns a return on equity of 25.9%. The balance sheet holds a net cash position of C$2.0M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$50.9M
Revenue growth (YoY) +4.0%
Net margin 60.6%
Return on equity 25.9%
Free cash flow C$30.2M FY2025
P/E ratio 10.2
More key figures
Operating margin 44.7%
EPS (TTM) C$1.65
EPS growth (YoY) +140%
Net cash C$2.0M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Cipher Pharmaceuticals Inc. operates as a specialty pharmaceutical company in Canada. It offers Epuris (isotretinoin), an oral retinoid for the treatment of severe nodular and/or inflammatory acne, acne conglobate, and recalcitrant acne; Actikerall, a topical solution for the treatment of slightly palpable and/or moderately thick hyperkeratotic actinic keratosis (Grade I/II) of the face, forehead, and balding scalp; Vaniqa, a topical cream for the slowing of the growth of unwanted facial hair in women; Durela, an opioid analgesic for the management of moderate to moderately severe pain in adults; Brinavess for the rapid conversion of onset atrial fibrillation to sinus rhythm in adults; Aggrastat, a reversible GP IIb/IIIa inhibitor for use in patients with acute coronary syndrome; and Natroba for the topical treatment of head lice and scabies infestations in adult and pediatric patients. The company's licensed products comprise Absorica, an oral retinoid for the treatment of severe n…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cipher Pharmaceuticals Inc reported revenue of C$51.3M in FY2025 versus C$21.9M in FY2021, a compound +23.7%/yr. Reported net income was C$27.8M in FY2025, compounding +37.6%/yr from FY2021.

Revenue +23.7%/yr
FY21 C$21.9M
FY22 C$20.7M
FY23 C$21.2M
FY24 C$33.4M
FY25 C$51.3M
Net income +37.6%/yr
FY21 C$7.8M
FY22 C$26.6M
FY23 C$20.4M
FY24 C$11.5M
FY25 C$27.8M

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Similar stocks

6 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥47.08 ¥26.59 -44%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,782 ₹915.92 -49%
Zoetis Inc Z1TS34 R$25.93 R$19.70 -24%
Hansoh Pharmaceutical Group 3692 HK$29.30 HK$23.90 -18%
Divi's Laboratories Limited DIVISLAB ₹6,639 ₹1,281 -81%
Swedish Orphan Biovitrum AB SOBI kr 435.00 kr 285.77 -34%

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Frequently asked questions

Is Cipher Pharmaceuticals Inc (CPH) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$13.33 versus a price of C$16.34 — about −18% (overvalued). Model-based estimate, not financial advice.
What is the fair value of CPH?
Our 21-model fair value for Cipher Pharmaceuticals Inc is C$13.33 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$16.34.
What is the quality score of CPH?
Cipher Pharmaceuticals Inc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Cipher Pharmaceuticals Inc (CPH)?
Cipher Pharmaceuticals Inc reported trailing-twelve-month revenue of about C$50.9M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CPH?
The net profit margin of Cipher Pharmaceuticals Inc is about 60.6%, meaning it keeps roughly 60.6% of revenue as net income. Based on the latest reported figures.

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.