Royalty Pharma plc - Ordinary Shares - Class A

Royalty Pharma plc - Ordinary Shares - Class A

RPRX

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Market Cap$23.98B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Royalty Pharma plc - Ordinary Shares - Class ARoyalty Pharma plc - Ordinary Shares - Class A29.11.63%12%111.3

Earnings Call Q1 2026

May 6, 2026 - AI Summary

Strong Q1 performance + returns (good): - Portfolio receipts (top line): +10% YoY; royalty receipts (recurring cash flows): +13% YoY. - Sustained profitability/efficiency: ~14% ROIC and ~20% ROE. - Key royalty drivers cited: Tremfya, Voranigo, Evrysdi (Evrysdi aided by additional royalties acquired in Dec). - Noted ~3% headwind from Promacta loss of exclusivity, yet still delivered double-digit royalty growth.
Capital allocation momentum (good): - $1.25B of announced transactions across 3 therapies; $>0.5B capital deployed in the quarter. - Share repurchase: 1 million shares for ~$50M. - Dividend increased by 7%.
Pipeline / clinical & regulatory catalysts (good + surprising positives): - FDA approval: Denali’s Avlayah in Hunter syndrome. - Revolution Medicines daraxonrasib (pancreatic cancer): Phase III “extraordinary” result—overall survival nearly doubled from <7 months to >13 months; potential regulatory acceleration via the Commissioner’s National Priority Voucher. - Ziihera (Jazz/BeOne) growth potential: new royalty deal referenced for Ziihera; FDA-approved in a rare tumor and submitted for gastric cancer with an estimated ~40% overall survival advantage in pivotal data; consensus peaks > $2B sales (implied upside). - Upcoming/expected catalysts: multiple pivotal readouts across 2026–2027 including Novartis pelacarsen outcomes trial (2026) and other pivotal Phase III expectations (e.g., litifilimab, frexalimab, seltorexant, plus additional daraxonrasib/litifilimab readouts).

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$57.75

Target Price by Analysts

5.1% upsideRoyalty Pharma plc Target Price DetailsTarget Price
$113.04

Current Fair Value

105.6% upside

Undervalued by 105.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$23.98 Billion
Enterprise Value$32.35 Billion
Dividend Yield$0.91 (1.63%)
Earnings per Share$2.33
Beta0.4
Outstanding Shares431,887,000

Return

Return on Equity12.01%ROE
Return on Assets4.18%
Return on Invested Capital8.48%

Valuation & Multiples

P/E Ratio29.1P/E Ratio
PEG122.43PEG
Price to Sales10.99Price to Sales
Price to Book Ratio2.39Price to Book Ratio
Enterprise Value to Revenue13.25
Enterprise Value to EBIT19.8
Enterprise Value to Net Income39
Total Debt to Enterprise0.28
Debt to Equity1.3Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 14, 2026
EPS Estimate
$1.22
Average shareholder expectation
Revenue Estimate
$742.00 M
Average shareholder expectation

Next Earnings Call

Expected Date
August 5, 2026
EPS Estimate
$1.27
Average shareholder expectation
Revenue Estimate
$789.52 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.3400 26.20%
Total Calls720,400 222.90%
Total Puts244,900 82.35%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %82.50% 0.72%
Total Invested$16.94B 22.45%
Investors Holding591 47.00%

ESG Score

No data

About Royalty Pharma plc

Relevant Senate Committees

Joint Committee on Taxation

Provides the analysis for tax legislation; Royalty Pharma’s business is highly sensitive to the tax treatment of royalty income and international corporate structures.

Finance

Most critical committee; oversees Medicare/Medicaid and drug pricing legislation (e.g., Inflation Reduction Act), which directly impacts royalty revenue streams.

Appropriations

Determines funding levels for the NIH and FDA, which drive the drug development pipeline and the regulatory speed of approval for royalty-bearing products.

Health, Education, Labor, and Pensions

Oversees the FDA and the drug approval process. Any regulatory change here directly affects the viability and value of the drug royalties RPRX acquires.

Judiciary

Directly oversees intellectual property, patents, and antitrust laws, which are the fundamental legal pillars of Royalty Pharma's business model.

Special Committee on Aging

This committee frequently investigates drug pricing and pharmaceutical industry practices, creating significant headline risk and pressure on the drugs RPRX depends on.