Neurocrine Biosciences

OVERVALUEDNBIX · NASDAQ · Healthcare
NBIX·NASDAQ·Healthcare
OVERVALUED
Neurocrine Biosciences
15.9%downside
MARKET PRICE
$131.84
FAIR PRICE
$110.90
MARGIN
$20.94
UNDERVALUEDFAIROVERVALUED
P/E RATIO
28.1x
DIV. YIELD
N/A
ROE
17.7%
MARKET CAP
$13B
FPI
fairpriceindex.com

FAIR PRICE VALUATION

15.9%downside

Updated daily

Model: DCF 50% · Relative 30% · Consensus 20%

MARKET PRICE

$131.84

FAIR PRICE

$110.90

MARGIN

$20.94

UNDERVALUEDFAIROVERVALUED

P/E Ratio

28.1x

What is P/E? →

Div. Yield

N/A

ROE

17.7%

Strong

Market Cap

$13B

Large-cap

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FPI RATING

6.3/ 10

Low debt levels and strong profitability, but volatile earnings pattern and expensive valuation relative to fundamentals.

Analytical data, not an investment recommendation. Updated daily.

How we calculate this ↗

MARGIN OF SAFETY

A 20% margin of safety below fair value — the conservative entry level for risk-aware investors.

$88.72CONSERVATIVE ENTRY
$110.90FAIR PRICE
$131.84MARKET PRICE

SAFETY MARGIN

20%

Below fair value

ENTRY LEVEL

$88.72

Fair price × 0.80

DISTANCE

32.7%

Price to entry level

At the current price of $131.84, NBIX trades 32.7% above the conservative entry level of $88.72. This entry level represents a 20% margin of safety below the calculated fair price of $110.90 — a buffer that accounts for estimation uncertainty in the valuation model.

Margin of safety is a risk management concept, not an investment recommendation. The 20% threshold follows Benjamin Graham's value investing framework. Fair price and entry levels are model-based estimates updated daily. Learn more about Margin of Safety ↗

VALUATION HISTORY

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P/E RATIO HISTORY

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METHODOLOGY

How we calculate NBIX's fair price

Neurocrine Biosciences's fair price of $110.90 is derived from a blended model that combines DCF analysis (50%), relative valuation against Healthcare peers using metrics like P/E and EV/EBITDA (30%), and analyst consensus (20%). At the current market price of $131.84, NBIX trades 15.9% above its calculated fair value.

DCF MODEL · 50%

Discounted free cash flow analysis based on projected cash flows, discounted at a rate reflecting NBIX's risk profile.

RELATIVE · 30%

Comparing NBIX's valuation multiples against Healthcare peers to determine if the stock is over or undervalued relative to its industry.

ANALYST · 20%

Aggregated analyst price targets for NBIX, weighted by recency and analyst accuracy.

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Want to test your own assumptions? Use our free calculators to estimate NBIX's fair value with your own inputs.

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FAQ

What is the fair price of NBIX?+

Based on our blended model combining DCF analysis (50%), relative valuation against Healthcare peers (30%), and analyst consensus (20%), the fair price for Neurocrine Biosciences is $110.90. At the current market price of $131.84, NBIX trades 15.9% above its calculated fair value.

Is NBIX overvalued or undervalued?+

Neurocrine Biosciences is currently overvalued based on our valuation model. The stock trades at $131.84, which is 15.9% above the fair price of $110.90. The P/E ratio of 28.1x is a key metric in the valuation.

What is the margin of safety for NBIX?+

With a 20% margin of safety applied to the fair price of $110.90, the conservative entry level for NBIX is $88.72. At the current market price of $131.84, the stock trades 32.7% above this entry level. Margin of safety is a risk management concept from Benjamin Graham's value investing framework, not an investment recommendation.

How often is NBIX's fair price updated?+

We update fair price calculations for NBIX daily after market close. The current fair price of $110.90 incorporates the latest market data and sector multiples.

What factors affect NBIX's fair price calculation?+

NBIX's fair price of $110.90 is derived from DCF analysis (50% weight), relative valuation against Healthcare peers (30% weight), and analyst consensus (20% weight). Key metrics include P/E of 28.1x, ROE of 17.7%.

Is NBIX a good buy right now?+

At $131.84, NBIX trades 15.9% above our fair value estimate of $110.90. The stock is currently overvalued. ROE stands at 17.7% (strong). Fair Price Index provides valuation data — always do your own research before investing.

Does NBIX pay dividends?+

NBIX does not currently pay a dividend.

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Fair Price Index is for informational purposes only and does not constitute investment advice. Fair value calculations are model-based estimates and may not reflect actual market conditions. Always conduct your own research before making investment decisions.