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GSK plc (GSKN) fair value: what the stock is really worth

As of Sep 30, 2026: fair value of GSK plc MXN 926, price MXN 879, upside +5.4%, quality 70 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
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Healthcare · MX · ISIN US37733W2044

GP Broad data Sep 29, 2026

GSK plc

GSKN · MX

NeutralThe stock looks roughly fairly valued with average quality.

·Fair value 925.55 MXN · Fairly valued (+5.4%)
✓Quality 70/100
!Weak Growth (revenue 5y −0.9 %/yr)
✓Solidly profitable · 17.8% net margin (TTM)
✓Moderate debt · generates free cash flow
✓0.1% dividend yield · Well covered
✓Wide moat 84/100

What runs behind every stock

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

Price vs Fair Value

1,031 MXN 509.71 MXN Fair Value 925.55 MXN Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.

How to read this chart

60‑month range 509.71 MXN – 1,031 MXN · fair‑value band 594.21 MXN – 1,370 MXN · the 878.50 MXN price screens below the 925.55 MXN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.

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Company profile

GSK plc, together with its subsidiaries, engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through Commercial Operations and Total R&D segments.

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GSK plc, together with its subsidiaries, engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally. It operates through Commercial Operations and Total R&D segments. The company offers specialty medicines that include oncology, respiratory/immunology, inflammation, and inhaled medicines for HIV, respiratory eosinophildriven diseases, lupus and lupus nephritis, ovarian cancer, and endometrial cancer. It also provides vaccines for Shingles, Meningitis, RSV, Seasonal Influenza, Hepatitis, Diphtheria, Tetanus, Acellular Pertussis, Rotavirus, Pertussis, Polio, Haemophilus, Invasive Diseases, Pneumonia, Acute Otitis Media, Measles, Mumps, Rubella and Chickenpox, and Human Papilloma Virus. Additionally, the company offers general medicines for asthma, COPD, bacterial infection, benign prostatic hyperplasia, allergic rhinitis, and inflammatory skin conditions. It also focuses on the discovery, development, and commercialization of oral small molecule therapies for patients with unmet needs in oncology and inflammatory diseases. It has a collaboration agreement with CureVac to develop mRNA vaccines for infectious diseases. The company has a strategic alliance with AN2 Therapeutics, Inc. for the development of new therapies for TB. GSK plc was formerly known as GlaxoSmithKline plc and changed its name to GSK plc in May 2022. The company was founded in 1715 and is headquartered in London, United Kingdom.

Stock analysis

GSK plc (GSKN) currently trades at 878.50 MXN, while our model-based Fair Value estimate is 925.55 MXN, so the stock looks roughly fairly valued today (gap 5.1%).

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Valuation

Bull case: the Multiples group reads highest at a median of 1,167 MXN per share, and 15 of the 24 models we run sit above the 878.50 MXN price.

Bear case: the Asset-Based group reads lowest at 131.75 MXN, and 9 of the 24 models stay below the price. Evidence for this calculation is high.

Scenario range: 594.21 MXN (bear) to 1,370 MXN (bull), the price of 878.50 MXN sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 70/100 (solid quality), in the Healthcare sector.

Weak Growth: Revenue growth is weak: less than 2 % a year.

GSK plc reported revenue of £32.7B in FY2025 versus £34.1B in FY2021, a compound −1.1%/yr. Reported net income was £5.7B in FY2025, compounding +6.9%/yr from FY2021.

Key figures

Market cap 3.5T MXN (≈ $194B) · P/E ratio 13.4 · P/S ratio 2.34 · EPS (TTM) 65.75 MXN · Dividend yield 0.1% · Net margin 17.5% · Return on equity 40.9% · Return on assets (EBIT) 10.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 54 out of 100 (low confidence).

What moves the price

The share trades about 15% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Healthcare peers we cover trades at −1% fair-value upside, at 5%, GSKN screens cheaper than that median.

Fair Value models

Bear 594.21 MXN Fair Value 925.55 MXN Bull 1,370 MXN
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (49.21 MXN per share) are deliberately not added. 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF 531.84 MXN 784.01 MXN 1,199 MXN 80
Growth DCF 555.92 MXN 798.32 MXN 1,174 MXN 78
Owner Earnings 567.46 MXN 833.18 MXN 1,270 MXN 76
All 24 models by family
DCF Models
FCF DCF 531.84 MXN 784.01 MXN 1,199 MXN 80
Owner Earnings 567.46 MXN 833.18 MXN 1,270 MXN 76
5Y Revenue Exit 596.45 MXN 961.21 MXN 1,450 MXN 72
5Y EBITDA Exit 847.20 MXN 1,394 MXN 2,057 MXN 74
5Y P/E Exit 732.56 MXN 1,196 MXN 1,699 MXN 70
10Y Revenue Exit 543.10 MXN 860.27 MXN 1,234 MXN 66
10Y EBITDA Exit 720.81 MXN 1,148 MXN 1,651 MXN 68
10Y P/E Exit 650.00 MXN 1,016 MXN 1,405 MXN 64
Earnings-Based
Graham-Dodd 466.69 MXN 881.77 MXN 1,097 MXN 66
EPV 727.65 MXN 870.67 MXN 995.81 MXN 74
Dividend Discount
Gordon GGM 282.67 MXN 385.08 MXN 489.11 MXN 69
DDM Multi-Stage 282.67 MXN 391.45 MXN 520.02 MXN 67
Multiples
P/E Multiple 1,132 MXN 1,510 MXN 1,887 MXN 63
P/S Multiple 875.04 MXN 1,167 MXN 1,458 MXN 58
P/B Multiple 663.64 MXN 884.86 MXN 1,106 MXN 55
EV/EBIT 1,146 MXN 1,571 MXN 1,997 MXN 66
EV/EBITDA 1,212 MXN 1,660 MXN 2,108 MXN 67
EV/Revenue 693.22 MXN 1,046 MXN 1,399 MXN 53
Asset-Based
NCAV (Graham) 98.32 MXN 131.75 MXN 196.63 MXN 54
Growth DCF
Growth DCF 555.92 MXN 798.32 MXN 1,174 MXN 78
Rev-Margin DCF 596.45 MXN 970.60 MXN 1,398 MXN 72
Economic Profit
Residual Income 372.79 MXN 436.70 MXN 676.42 MXN 75
ROIC Compounder 748.20 MXN 921.76 MXN 1,094 MXN 72
Growth Earnings
Growth-Adj P/E 807.60 MXN 1,154 MXN 1,500 MXN 67

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Quality Score breakdown

Overall quality 70/100

Of which business quality 65 · Market factors (momentum, volatility) 60

Profitability 68
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 53
Distance to the 52-week high (market factor)
Net Issuance 93
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 40/100
Revenue growth is weak: less than 2 % a year.
Revenue growth 1 year
+4.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+3.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−0.9%
Start year 2020 (pandemic). Over 10 years: +3.2% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+1.8%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+9.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.9%
Dividend (yield on the price)0.1%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.23% → 26%

Growth Forecast

A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+20.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in GBP, UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +17.4% a year for the price and +2.0% for the forecasts.
Forecast 2026 (sales)+3.7%
Forecast 2027 (sales)+5.1%
Projected 2028 (sales)+4.8%
Projected 2029 (sales)+4.4%
Projected 2030 (sales)+4.0%

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Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

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Similar stocks

10 more Drug Manufacturers - General stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Eli Lilly and Company LLY $1,157 $749.08 −35%
Johnson & Johnson, JNJ $264.74 $168.85 −36%
AbbVie Inc ABBV $261.59 $259.62 −1%
Roche Holding RO CHF 375.20 CHF 326.56 −13%
Merck & Co MRK $143.81 $129.26 −10%
Novartis AG NOVN CHF 118.06 CHF 121.90 +3%
Amgen Inc AMGN $421.51 $463.66 +10%
Gilead Sciences, Inc GILD $149.05 $198.77 +33%
Pfizer Inc PFE $28.12 $24.87 −12%
Bristol-Myers Squibb Company BMY $62.40 $75.96 +22%

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Cite: Fair Value Calculator (2026). "GSK plc Fair Value". https://www.fairvalue-calculator.com/stock/GSKN

Frequently asked questions

Is GSK plc (GSKN) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of 925.55 MXN versus a price of 878.50 MXN, about +5% upside (fairly valued).
What is the fair value of GSKN?
Our model-based fair value for GSK plc is 925.55 MXN (as of Sep 29, 2026), built from audited fundamentals. The current price: 878.50 MXN.
What is the quality score of GSKN?
GSK plc has a Quality Score of 70/100. 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 price target for GSK plc (GSKN)?
Our model-based price target is the fair value of 925.55 MXN (as of Sep 29, 2026) from 24 valuation models. Cautious scenario 594.21 MXN, optimistic scenario 1,370 MXN. It is a calculation from audited fundamentals, not an analyst target.
What is the GSK plc stock forecast for 2026?
Our models put fair value at 925.55 MXN, about +5% upside versus a price of 878.50 MXN (fairly valued). Cautious scenario 594.21 MXN, optimistic scenario 1,370 MXN. The calculation is refreshed regularly with new filings.
What is the revenue of GSK plc (GSKN)?
GSK plc reported trailing-twelve-month revenue of about £32.8B (latest available figure, as of Sep 29, 2026).
Does GSK plc pay a dividend?
GSK plc currently shows a dividend yield of about 0.08% relative to its recent price (as of Sep 29, 2026).
What growth is priced into GSK plc (GSKN)?
For today's price to be fair in a discounted-cash-flow model, GSK plc would have to grow free cash flow by +20.1 % per year for five years (discount rate 10.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -0.9 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of GSKN use?
Our models discount GSK plc at 10.0 %: a base by market capitalisation (large), damped by beta 0.30, country premium for Mexico. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For GSK plc that is +20.1 % per year a year over ten years, using the same discount rate (10.0 %) and the same formula as our fair value.
How much growth has GSK plc (GSKN) delivered so far?
Over the past 5 years revenue at GSK plc grew -0.9 % a year. The price currently implies +20.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of GSK plc (GSKN) growing?
The median revenue growth in the sector is +5.1 % a year. That is the yardstick for the growth priced into GSK plc (+20.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of GSK plc (GSKN)?
The free-cash-flow yield on the price is 3.26 %: that much free cash flow GSK plc produces per unit of market value. When it exceeds the discount rate of our models (10.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of GSK plc (GSKN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For GSK plc it is 925.55 MXN per share (as of Sep 29, 2026), against a price of 878.50 MXN. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is GSK plc stock overvalued or undervalued in 2026?
As of Sep 29, 2026, GSKN trades below its calculated fair value: price 878.50 MXN, fair value 925.55 MXN, a gap of about +5% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GSKN?
No. The price is what the market pays today (878.50 MXN); the fair value is what the company's own numbers justify (925.55 MXN). For GSK plc the two are 47.05 MXN per share apart. That gap is exactly why we show both numbers side by side.
How much is GSK plc worth?
The market values GSK plc at about 3.5T MXN (market capitalisation, as of Sep 29, 2026). Per share that is 878.50 MXN; our models calculate a fair value of 925.55 MXN per share.
What do the bullish and bearish scenarios say about GSKN?
Our models span a range for GSK plc: cautious scenario 594.21 MXN, base 925.55 MXN, optimistic 1,370 MXN per share (as of Sep 29, 2026, price 878.50 MXN). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is GSKN from its 52-week high?
GSK plc trades at 878.50 MXN, about 15% below its 52-week high of 1,031 MXN and 20% above the low of 730.72 MXN (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of 925.55 MXN is for.
Which stocks are comparable to GSK plc?
From the same area (Healthcare) we also value Eli Lilly and Company, Johnson & Johnson,, AbbVie Inc, Roche Holding, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is GSK plc stock attractive at the current price?
The data as of Sep 29, 2026: price 878.50 MXN, calculated fair value 925.55 MXN (+5%), Quality Score 70/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GSKN calculated?
We run GSK plc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 925.55 MXN, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. GSK plc currently trades 5 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of GSK plc (GSKN)?
The closing price on Sep 30, 2026 was 878.50 MXN. Our model-based fair value is 925.55 MXN, about +5% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with GSK plc right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (594.21 MXN to 1,370 MXN) leaves room in how you read the outcome.

Key figures of GSK plc

How large is the market capitalisation of GSK plc (GSKN)?
The market capitalisation of GSK plc is 3.5T MXN (≈ $194B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of GSK plc (GSKN)?
The price-to-earnings ratio of GSK plc is 13.4. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of GSK plc (GSKN)?
The price-to-sales ratio of GSK plc is 2.34 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of GSK plc (GSKN)?
Earnings per share at GSK plc are 65.75 MXN (price ÷ EPS = P/E 13.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of GSK plc (GSKN)?
The dividend yield of GSK plc is 0.1% (payout 1.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of GSK plc (GSKN)?
The net margin of GSK plc is 17.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of GSK plc (GSKN)?
The return on equity (ROE) of GSK plc is 40.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of GSK plc (GSKN)?
On an EBIT basis the return on assets of GSK plc is 10.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of GSK plc (GSKN)?
The operating margin of GSK plc is 36.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at GSK plc (GSKN)?
Revenue at GSK plc is growing +1.5% versus a year earlier (3y avg +3.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at GSK plc (GSKN)?
Earnings per share at GSK plc are growing +8.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does GSK plc (GSKN) carry?
The net debt of GSK plc is £13.7B (fiscal year 2025, ≈ 2.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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