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Sanofi (SNYN) Fair Value & Analysis

Healthcare · MX · Market cap 1.8T MXN

S Sanofi SNYN · MX
Price770.00 MXN
Fair Value1,251 MXN
Upside+62.5%
Quality63/100
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Healthy Growth
Solidly profitable · 16.0% net margin
Low debt · generates free cash flow
Moderate moat 55/100
Evidence: High Range 788.10 MXN – 1,694 MXN Share as image

Fair value as of: Jul 17, 2026

From 25 valuation models · updated 19 days ago

Fair value updated Jul 17, 2026, revised from 1,106 MXN to 1,251 MXN (+13.1%) since Jun 24, 2026. Share price +1.9% over the past month.

A solid business, screening 63% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (788.10 MXN). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (788.10 MXN to 1,694 MXN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1,130 MXN 650.00 MXN Fair Value 1,251 MXN Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 650.00 MXN – 1,130 MXN · fair‑value band 788.10 MXN – 1,694 MXN · the 770.00 MXN price screens below the 1,251 MXN fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Sanofi (SNYN) currently trades at 770.00 MXN, while our model-based Fair Value estimate is 1,251 MXN, implying the stock looks roughly 62.5% undervalued today. We read business quality at 63/100 (solid quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Sanofi generated revenue of 47.4B MXN at a net margin of 16.0%. Revenue grew 6.0% year over year. It earns a return on equity of 6.6%. Net debt stands at 10.9B MXN. Fundamentals as of Jul 17, 2026

Our scenario range runs from 788.10 MXN (bear case) to 1,694 MXN (bull case); at 770.00 MXN, the current price sits below that range. The share trades about 17% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -25% fair-value upside, at 63%, SNYN screens cheaper 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
Growth DCF 749.45 MXN 1,110 MXN 1,632 MXN 80
Residual Income 632.82 MXN 725.43 MXN 1,216 MXN 76
Rev-Margin DCF 694.25 MXN 1,109 MXN 1,557 MXN 74
All 25 models by family
DCF Models
FCF DCF 724.28 MXN 1,112 MXN 1,698 MXN 38
Owner Earnings 1,024 MXN 1,558 MXN 2,368 MXN 31
5Y Revenue Exit 694.25 MXN 1,102 MXN 1,607 MXN 39
5Y EBITDA Exit 1,034 MXN 1,710 MXN 2,472 MXN 41
5Y P/E Exit 858.00 MXN 1,396 MXN 1,935 MXN 38
10Y Revenue Exit 674.16 MXN 1,048 MXN 1,515 MXN 36
10Y EBITDA Exit 915.51 MXN 1,469 MXN 2,165 MXN 37
10Y P/E Exit 803.03 MXN 1,251 MXN 1,761 MXN 35
Earnings-Based
Graham-Dodd 512.49 MXN 1,253 MXN 1,621 MXN 54
PEG = 1.0 224.26 MXN 320.34 MXN 416.41 MXN 46
EPV 668.85 MXN 797.95 MXN 912.97 MXN 59
Dividend Discount
Gordon GGM 442.97 MXN 834.68 MXN 1,398 MXN 70
DDM Multi-Stage 442.97 MXN 677.63 MXN 946.00 MXN 61
Multiples
P/E Multiple 1,131 MXN 1,508 MXN 1,885 MXN 63
P/S Multiple 845.07 MXN 1,127 MXN 1,409 MXN 58
P/B Multiple 961.01 MXN 1,282 MXN 1,602 MXN 55
EV/EBIT 1,186 MXN 1,603 MXN 2,020 MXN 53
EV/EBITDA 1,373 MXN 1,852 MXN 2,331 MXN 54
EV/Revenue 725.20 MXN 1,063 MXN 1,401 MXN 43
Asset-Based
NCAV (Graham) 344.36 MXN 461.45 MXN 688.71 MXN 50
Growth DCF
Growth DCF 749.45 MXN 1,110 MXN 1,632 MXN 80
Rev-Margin DCF 694.25 MXN 1,109 MXN 1,557 MXN 74
Economic Profit
Residual Income 632.82 MXN 725.43 MXN 1,216 MXN 76
ROIC Compounder 668.85 MXN 842.07 MXN 1,060 MXN 72
Growth Earnings
Growth-Adj P/E 868.86 MXN 1,241 MXN 1,613 MXN 68

Widest divergence: Multiples (1,282 MXN) versus Asset-Based (461.45 MXN). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 47.4B MXN
Revenue growth (YoY) +6.0%
Net margin 16.0%
Return on equity 6.6%
Free cash flow 7.2B MXN FY2025
P/E ratio 19.5
More key figures
Operating margin 20.0%
EPS (TTM) 40.32 MXN
EPS growth (YoY) -11.7%
Net debt 10.9B MXN FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 69 · Market factors (momentum, volatility) 45

Profitability 46
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 21
Distance to the 52-week high (market factor)
Net Issuance 99
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

Sanofi engages in the research, development, manufacture, and marketing of therapeutic solutions. It provides immunology and inflammation, rare diseases neurology, oncology, and other vaccines.

Full company description

Sanofi engages in the research, development, manufacture, and marketing of therapeutic solutions. It provides immunology and inflammation, rare diseases neurology, oncology, and other vaccines. It also offers poliomyelitis, pertussis, and haemophilus influenzae type b (Hib) pediatric vaccines; respiratory syncytial virus protection and hexavalent combination vaccines that includes hepatitis A, typhoid, yellow fever, and rabies vaccines. It has a collaboration and license agreement with Exscientia to develop up to 15 novel small-molecule for oncology and immunology; ABL Bio, Inc. to develop ABL301 for treatment of alpha-synucleinopathies; and Innate Pharma SA for cell engager program targeting B7-H3. Further, it has a collaboration agreements with Atomwise to use ATOMNET platform and Insilico Medicine to use Pharma.AI, a medicine's AI platform; Kymera Therapeutics, Inc. to develop and commercialize protein degrader therapies targeting IRAK4 in patients with immune-inflammatory diseases; Nurix Therapeutics, Inc. to develop protein degradation therapies; Denali Therapeutics Inc. to treat systemic inflammatory diseases, such as ulcerative colitis; and Adagene Inc. for development of antibody-based therapies. Additionally, it has a collaboration with Scribe Therapeutics Inc. to develop genome editing technologies; Teva Pharmaceuticals to co-develop and co-commercialize TEV'574, for treatment of ulcerative colitis and Crohn's disease; and co-promotion service agreement with Provention Bio, Inc. for the commercialization of teplizumab. The company was formerly known as Sanofi-Aventis and changed its name to Sanofi in May 2011. Sanofi was incorporated in 1994 and is headquartered in Paris, France.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sanofi reported revenue of 46.7B MXN in FY2025 versus 39.2B MXN in FY2021, a compound +4.5%/yr. Reported net income was 7.8B MXN in FY2025, compounding +5.9%/yr from FY2021.

Growth Quality 73/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
46.7B MXN
Latest YoY
+5.5%
Avg. growth/yr (3Y)
+1.0%
Avg. growth/yr (5Y)
+4.6%
Avg. growth/yr (12Y)
+3.4%
Revenue +4.5%/yr
FY21 39.2B MXN
FY22 45.4B MXN
FY23 41.6B MXN
FY24 44.3B MXN
FY25 46.7B MXN
Net income +5.9%/yr
FY21 6.2B MXN
FY22 6.7B MXN
FY23 5.4B MXN
FY24 5.6B MXN
FY25 7.8B MXN

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Cite: Fair Value Calculator (2026). "Sanofi Fair Value". https://www.fairvalue-calculator.com/stock/SNYN

Recent news

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

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 - General stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Eli Lilly and Company LLY $1,182 $396.77 -66%
Johnson & Johnson, JNJ $253.85 $169.04 -33%
AbbVie Inc ABBV $254.49 $67.72 -73%
Roche Holding 1RO €377.80 €280.03 -26%
Merck & Co MRK €108.08 €121.54 +12%
Novartis AG NVSN 2,742 MXN 2,379 MXN -13%
AstraZeneca PLC AZN $171.61 $129.54 -25%
Novo Nordisk A/S NOVOB kr 329.90 kr 409.46 +24%
Amgen Inc AMGN $363.39 $252.02 -31%
Gilead Sciences, Inc GILD $134.28 $146.50 +9%

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Frequently asked questions

Is Sanofi (SNYN) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 1,251 MXN versus a price of 770.00 MXN, about +63% (undervalued).
What is the fair value of SNYN?
Our model-based fair value for Sanofi is 1,251 MXN (as of Jul 17, 2026), built from audited fundamentals. The current price is 770.00 MXN.
What is the quality score of SNYN?
Sanofi has a Quality Score of 63/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Sanofi (SNYN)?
Sanofi reported trailing-twelve-month revenue of about 47.4B MXN (latest available figure, as of Jul 17, 2026).
What is the net profit margin of SNYN?
The net profit margin of Sanofi is about 16.0%, meaning it keeps roughly 16.0% 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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