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Evotec SEEVT.DECompetitor analysis, valuation and peers

Germany · EUR·Health Care›Miscellaneous Commercial Services
Momentum weak 24
Mkt cap
$630M
US dollars, full cap
Free float
90%
of shares outstanding
$/day
$4.09M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-21.3 pp
WACC 7.5%
Hurdle
n/a
no reverse DCF
Next earnings
159 days
14 Apr 2027
Close · EUR€3.16
1D+2.3%
1W+12.3%
1M+12.8%
3M-14.6%
6M-32.7%
YTD-41.9%
1Y-39.6%
ATR %4.4%
52w lowhigh53.0% off high

What Evotec does

Employees: 4,553

Evotec at a glance

Size Evotec (EVT.DE) is a Germany Health Care company (Miscellaneous Commercial Services) with a market value of $630M, the 169th largest of 205 Germany companies the cockpit tracks. Shares closed at €3.16 on 6 Nov 2026.

Performance Over six months the shares fell 32.7%, against +19.2% for the median peer and +2.6% for the Germany market (cap-weighted) — 2nd lowest of 9 in its peer set.

Growth Revenue fell 7.7% over the last twelve months (peer median -4.5%); the operating margin is -18.6% (peer median -58.4%).

Valuation It trades at 0.8× enterprise value to sales against a peer median of 9.7× (2nd cheapest of 7).

Capital Return on invested capital runs 21.3 points below its cost of capital (7.5% WACC).

Credit Evotec has 1 bond outstanding ($129M).

Next results Next results expected around 14 Apr 2027 (exchange calendar; dates can move).

Relative performance

507510012511 May 202611 Aug 20266 Nov 2026Peer median 126EVT.DE 68
Six months, rebased to 100: Evotec against the median of its 8 peers (local-currency closes).

Evotec financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€717M€788M€797M€781M€751M
Revenue growth—-1%+2%+4%—
Gross profit€75.3M€65.2M€65.9M€175M€174M
EBITDA-€36.0M-€41.4M-€69.4M-€7.16M€13.0M
Net income-€197M-€104M-€196M-€83.9M-€176M
Free cash flow-€161M-€82.0M-€99.5M-€179M€21.8M
Capital expenditure€58.7M€82.6M€132M€216M€181M
Total debt€476M€448M€439M€626M€507M

Quarterly statements and history in the cockpit →

Evotec competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+100%+200%0%+50%+100%ANLOABISBCEVHOCSTECXSLNFTREEVT.DE6-month return →1-month return →
Up and to the right = strong over both horizons. Evotec is the large dot.

Fundamentals: revenue growth against valuation

-100%-50%0%+50%+100%0×1,000×2,000×OABISBCEVHSLNEVT.DERevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Evotec is the large dot.

Evotec competitors and peer comparison

How Evotec compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Evotec against its 8 peers (data as of 6 Nov 2026)
MeasureEVT.DEPeer medianRank in peer set
1-month return+12.8%-4.1%3rd highest of 9
6-month return-32.7%+19.2%2nd lowest of 9
Distance from 52-week high-53.0%-23.7%2nd lowest of 9
Revenue growth (TTM)-7.7%-4.5%2nd lowest of 6
Operating margin-18.6%-58.4%4th highest of 7
EV / Sales0.8×9.7×2nd cheapest of 7
ROIC minus cost of capital-21.3 pp-8.7 pp2nd lowest of 5

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Evotec EVT.DEGermany$630M-33%-8%-19%0.8×n/an/a
Adlai Nortye Ltd. Sponsored ADR ANLUnited States$619M-23%n/a-134%22.8×n/an/a
OmniAb OABIUnited States$734M+29%+91%-116%17.1×59.6%-31.9%
SBC Medical SBCUnited States$518M+58%-7%37%2.3×-16.1%-6.9%
Evolent Health EVHUnited States$518M+10%-4%-1%0.6×22.6%+15.2%
Oculis OCSUnited States$462M-77%n/an/an/an/an/a
Tectonic Therapeutic TECXUnited States$403M-29%n/an/an/an/an/a
Silence Therapeutics PLC Sponsored ADR SLNUnited States$1.23B+184%-97%-10,478%1,889.5×n/an/a
Fortrea FTREUnited States$2.12B+42%-3%2%1.1×32.9%+1.1%

Evotec bonds and credit

Evotec has 1 bond outstanding with $129M face value.

Every bond, yield and spread in the cockpit →

Questions

Which companies are Evotec's closest peers?
The cockpit's peer set: Adlai Nortye Ltd. Sponsored ADR (ANL), OmniAb (OABI), SBC Medical (SBC), Evolent Health (EVH), Oculis (OCS), Tectonic Therapeutic (TECX), Silence Therapeutics PLC Sponsored ADR (SLN), Fortrea (FTRE).
Is Evotec expensive compared with its peers?
On ev / sales it trades at 0.8× against a peer median of 9.7×, 2nd cheapest of 7 in its peer set.
How has Evotec stock performed?
Over six months to 6 Nov 2026 the shares returned -32.7% against +19.2% for the median peer; over one year -39.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.