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Indivior Pharmaceuticals, Inc (INDV) Fair Value & Analysis

Healthcare · US · Market cap $4.8B

IP Indivior Pharmaceuticals, Inc logo Indivior Pharmaceuticals, Inc INDV · US
Price$38.82
Fair Value$19.45
Upside-49.9%
Quality77/100
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Expensive Growth
Solidly profitable · 19.5% net margin
Negative equity (buybacks among others) · negative free cash flow
Ranks above peers (9/11)
Wide moat 77/100
Evidence: High Range $16.77 – $21.73 Share as image

Fair value as of: Jul 18, 2026

From 14 valuation models · updated 22 days ago

Fair value updated Jul 18, 2026, revised from $19.20 to $19.45 (+1.3%) since Jul 16, 2026. Share price −5.1% over the past month.

A strong business, but screening 50% overvalued on our models.

What matters now

  • A high-quality business (quality 77/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case ($21.73). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

$41.83 $3.13 Fair Value $19.45 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range $3.13 – $41.83 · fair‑value band $16.77 – $21.73 · the $38.82 price screens above the $19.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Indivior Pharmaceuticals, Inc (INDV) currently trades at $38.82, while our model-based Fair Value estimate is $19.45, implying the stock looks roughly 49.9% overvalued today. The Quality Score stands at 77/100 (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, Indivior Pharmaceuticals, Inc generated revenue of $1.3B at a net margin of 19.5%. Revenue grew 19.2% year over year. It earns a return on equity of 12.2%. Net debt stands at $156M. Fundamentals as of Jul 18, 2026

Our scenario range runs from $16.77 (bear case) to $21.73 (bull case); at $38.82, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades about 5% below its 52-week high and 189% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -49% fair-value upside, at -50%, INDV screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
ROIC Compounder $17.35 $20.21 $22.68 72
Gordon GGM $4.69 $9.35 $14.17 70
Growth-Adj P/E $24.60 $35.15 $45.69 68
All 14 models by family
DCF Models
Owner Earnings $14.40 $22.77 $35.25 31
Earnings-Based
Graham-Dodd $12.08 $39.81 $53.25 54
Lynch FV $8.97 $12.81 $16.65 50
PEG = 1.0 $8.97 $12.81 $16.65 46
EPV $17.35 $20.21 $22.68 59
Dividend Discount
Gordon GGM $4.69 $9.35 $14.17 70
DDM Multi-Stage $4.69 $7.83 $9.87 61
Multiples
P/E Multiple $29.31 $39.08 $48.86 63
P/S Multiple $22.65 $30.20 $37.75 58
EV/EBIT $27.78 $37.31 $46.84 53
EV/EBITDA $24.51 $32.95 $41.39 54
EV/Revenue $19.60 $28.34 $37.08 43
Economic Profit
ROIC Compounder $17.35 $20.21 $22.68 72
Growth Earnings
Growth-Adj P/E $24.60 $35.15 $45.69 68

Widest divergence: Growth Earnings ($35.15) versus Dividend Discount ($7.83). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Revenue (TTM) $1.3B
Revenue growth (YoY) +19.2%
Net margin 19.5%
Return on equity 12.2%
Free cash flow −$93.0M FY2025
P/E ratio 18.2
More key figures
Operating margin 46.1%
EPS (TTM) $1.95
EPS growth (YoY) +82.0%
Net debt $156M FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 77/100

Of which business quality 66 · Market factors (momentum, volatility) 68

Profitability 86
Margins and returns on capital today
Quality Growth 75
Are margins and returns improving?
Cashflow 4
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 66
Price trend over the last 3–12 months (market factor)
52W Momentum 93
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Indivior Pharmaceuticals, Inc., together with its subsidiaries, engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally. It develops medicines to treat substance use disorders.

Full company description

Indivior Pharmaceuticals, Inc., together with its subsidiaries, engages in the development, manufacture, and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence and related disorders in the United States, Europe, Canada, Australia, and internationally. It develops medicines to treat substance use disorders. The company's core marketed products include SUBLOCADE buprenorphine extended-release monthly injections; and SUBOXONE Film, a buprenorphine and naloxone sublingual film. It also manufactures SUBOXONE Tablet, a buprenorphine and naloxone sublingual tablet; and SUBUTEX Tablet, a buprenorphine sublingual tablet for the treatment of opioid use disorder (OUD). In addition, the company is developing INDV-2000, a selective orexin-1 receptor antagonist that is in Phase 2 clinical trial for the treatment of moderate to severe OUD; and INDV-6001, a buprenorphine-based long-acting injectable for the treatment of OUD in collaboration with Alar Pharmaceuticals Inc. The company was formerly known as Indivior PLC. and changed its name to Indivior Pharmaceuticals, Inc. in January 2026. Indivior Pharmaceuticals, Inc. was incorporated in 2014 and is headquartered in North Chesterfield, Virginia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Indivior Pharmaceuticals, Inc reported revenue of $1.2B in FY2025 versus $791M in FY2021, a compound +11.9%/yr. Reported net income was $210M in FY2025, compounding +0.6%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$1.2B
Latest YoY
+4.3%
Avg. growth/yr (3Y)
+11.2%
Avg. growth/yr (5Y)
+13.9%
Avg. growth/yr (9Y)
+2.8%
Revenue +11.9%/yr
FY21 $791M
FY22 $901M
FY23 $1.1B
FY24 $1.2B
FY25 $1.2B
Net income +0.6%/yr
FY21 $205M
FY22 −$44.0M
FY23 −$129M
FY24 $2.0M
FY25 $210M

INDV screens 50% overvalued. Compare with Jiangsu Hengrui Pharmaceuticals Co →

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Cite: Fair Value Calculator (2026). "Indivior Pharmaceuticals, Inc Fair Value". https://www.fairvalue-calculator.com/stock/INDV

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Drug Manufacturers - Specialty & Generic · 626 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 77 · Top 25%
Fair Value upside −50% · Below median
Return on equity (TTM) 12% · Above median
Return on assets 23% · Top 25%
Net margin (TTM) 20% · Top 25%
Operating margin (TTM) 46% · Top 25%
Revenue growth 19% · Top 25%

Valuation Multiples vs Drug Manufacturers - Specialty & Generic median · lower = cheaper

P/E (TTM) 20.8× · Cheaper than median
P/S (TTM) 3.72× · Pricier than 75% of peers
EV/EBITDA 10.3× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 7
FUTURE 96 · sector 20
PAST 49 · sector 23
HEALTH 100 · sector 97
DIVIDEND 0 · sector 34

VALUE 0: the price sits above our fair-value range.

Insider activity: 78/100

Values & ESG

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

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Jiangsu Hengrui Pharmaceuticals Co 600276 ¥53.19 ¥25.94 -51%
Sun Pharmaceutical Industries Limited SUNPHARMA ₹1,933 ₹989.50 -49%
Divi's Laboratories Limited DIVISLAB ₹7,316 ₹1,943 -73%
Torrent Pharmaceuticals Limited TORNTPHARM ₹4,763 ₹1,329 -72%
PharmaEssentia Corporation 6446 1,285 TWD 221.01 TWD -83%
Cipla Limited CIPLA ₹1,439 ₹1,001 -30%
Zydus Lifesciences Limited ZYDUSLIFE ₹1,151 ₹703.32 -39%
Lupin Limited LUPIN ₹2,443 ₹2,477 +1%
Mankind Pharma Limited MANKIND ₹2,484 ₹983.11 -60%
Dr. Reddy's Laboratories Limited DRREDDY ₹1,211 ₹874.79 -28%

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Frequently asked questions

Is Indivior Pharmaceuticals, Inc (INDV) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of $19.45 versus a price of $38.82, about −50% (overvalued).
What is the fair value of INDV?
Our model-based fair value for Indivior Pharmaceuticals, Inc is $19.45 (as of Jul 18, 2026), built from audited fundamentals. The current price is $38.82.
What is the quality score of INDV?
Indivior Pharmaceuticals, Inc has a Quality Score of 77/100. 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 revenue of Indivior Pharmaceuticals, Inc (INDV)?
Indivior Pharmaceuticals, Inc reported trailing-twelve-month revenue of about $1.3B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of INDV?
The net profit margin of Indivior Pharmaceuticals, Inc is about 19.5%, meaning it keeps roughly 19.5% 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.

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