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← CockpitCompetitor Analysis › IDIA.SW Idorsia Ltd.Open in the cockpit ↗

Idorsia Ltd.IDIA.SWCompetitor analysis, valuation and peers

Switzerland · CHF·Health Care›Pharmaceuticals: Major

Swiss biopharma developing and selling small-molecule drugs, including its insomnia treatment Quviviq (daridorexant).

≈ A smaller, cash-strapped Swiss Vertex PharmaceuticalsMomentum laggard 4
Mkt cap
$1.34B
US dollars, full cap
Free float
76%
of shares outstanding
$/day
$4.08M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 6.4%
Hurdle
n/a
no reverse DCF
Next earnings
111 days
25 Feb 2027
Close · CHFCHF 4.06
1D-3.4%
1W-9.2%
1M+0.2%
3M-37.7%
6M-5.0%
YTD-4.6%
1Y+15.8%
ATR %5.6%
52w lowhigh46.3% off high

What Idorsia does

Swiss biopharma developing and selling small-molecule drugs, including its insomnia treatment Quviviq (daridorexant).

Formed in 2017 when Actelion, bought by Johnson & Johnson, spun its drug-discovery arm into a new company led by its founders. Earns from its own launches of Quviviq in the US and Europe plus licence fees and milestones from partners, such as Viatris for two late-stage drugs, and has had to restructure its debt.

In one line: A smaller, cash-strapped Swiss Vertex Pharmaceuticals.

Products and services

  • Quviviq (daridorexant) - insomnia
  • Pivlaz/aprocitentan - hypertension/SAH
  • Pipeline (cardiovascular, immunology)

Customers

  • Physicians/patients (US, EU markets)
  • Pharma licensing partners

Where it sits in the supply chain

  • Biopharmaceuticals
  • Small-molecule drug development
  • Commercial-stage (insomnia…

What could go right

  • Quviviq sales ramp
  • New partnership/licensing deals

What could go wrong

  • High debt load
  • Cash-burn / going-concern risk

Moat: narrow (IP / patents). Patent-protected molecules, but reliant on continued launches amid a heavy debt load.

Headquarters: Allschwil, Switzerland · Founded: 2017 · Employees: 487

Named competitors

Idorsia at a glance

Size Idorsia (IDIA.SW) is a Switzerland Health Care company (Pharmaceuticals: Major) with a market value of $1.34B, the 112th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 4.06 on 6 Nov 2026.

Performance Over six months the shares fell 5.0%, against -12.3% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue fell 5.3% over the last twelve months (peer median +17.6%); the operating margin is -69.7% (peer median 2.9%).

Valuation It trades at 10.7× enterprise value to sales against a peer median of 6.9× (6th most expensive of 17).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026IDIA.SW 89Peer median 88
Six months, rebased to 100: Idorsia against the median of its 20 peers (local-currency closes).

Idorsia financials

Reported figures in CHF; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCHF 220MCHF 221MCHF 113MCHF 152MCHF 97.1M
Revenue growth—+96%-26%+57%—
Gross profitCHF 163MCHF 182MCHF 58.7MCHF 126MCHF 71.0M
EBITDA-CHF 138M-CHF 114M-CHF 326M-CHF 524M-CHF 783M
Net income-CHF 284M-CHF 112M-CHF 264M-CHF 298M-CHF 828M
Free cash flow-CHF 114M-CHF 169M-CHF 373M-CHF 638M-CHF 876M
Capital expenditureCHF 9.43MCHF 13.8MCHF 18.0MCHF 9.40MCHF 27.1M
Total debtCHF 1.35BCHF 1.29BCHF 1.26BCHF 1.20BCHF 1.23B

Quarterly statements and history in the cockpit →

Idorsia 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

-40%-20%0%+20%-20%0%1795002332009420688443PAHC688293300026000950LBRX6880763102102493INVAAVLN6855PYC347850688321IDIA.SW6-month return →1-month return →
Up and to the right = strong over both horizons. Idorsia is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%0×200×400×600×17950023320094206884436882933000263102106855347850IDIA.SWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Idorsia is the large dot.

Idorsia competitors and peer comparison

Head to head with its named competitors (IDIA.SW vs VRTX vs JAZZ vs RO.SW)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Idorsia IDIA.SW$1.34B-5%-5%-70%10.7×n/a
Vertex Pharmaceuticals VRTX$139B+27%+11%35%10.7×6.1%
Jazz Pharmaceuticals Public JAZZ$15.1B+4%+13%25%3.8×-3.9%
Roche RO.SW$385B+22%-1%31%5.6×0.9%

How Idorsia 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.

Idorsia against its 20 peers (data as of 6 Nov 2026)
MeasureIDIA.SWPeer medianRank in peer set
1-month return+0.2%-7.5%6th highest of 21
6-month return-5.0%-12.3%6th highest of 21
Distance from 52-week high-46.3%-36.2%6th lowest of 21
Revenue growth (TTM)-5.3%+17.6%3rd lowest of 17
Operating margin-69.7%2.9%5th lowest of 17
EV / Sales10.7×6.9×6th most expensive of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Idorsia IDIA.SWSwitzerland$1.34B-5%-5%-70%10.7×n/an/a
Lotus Pharmaceutical 1795.TWTaiwan$1.34B-26%+49%24%3.4×-2.4%+13.8%
Zhejiang Xianju Pharmaceutical 002332.SZChina$1.34B+2%+8%11%2.1×0.3%-1.3%
Hanall Biopharma 009420.KSSouth Korea$1.34B-25%+5%3%11.2×n/an/a
Chongqing Genrix Biopharmaceutical 688443.SSChina$1.34B-10%+256%-27%10.0×n/an/a
Phibro Animal Health PAHCUnited States$1.34B-18%+17%13%1.4×-7.4%+12.7%
Shanghai OPM Biosciences 688293.SSChina$1.35B+26%+133%11%9.8×26.1%+23.1%
Tianjin Chase Sun Pharmaceutical 300026.SZChina$1.32B-6%-29%3%2.0×8.5%-5.3%
C.Q. Pharmaceutical 000950.SZChina$1.32B-12%-3%1%0.5×n/an/a
LB Pharmaceuticals LBRXUnited States$1.36B+31%n/an/an/an/an/a
Sinopep-Allsino Bio Pharmaceutical 688076.SSChina$1.31B-7%+14%19%5.0×4.0%+27.9%
Voronoi 310210.KSSouth Korea$1.31B-66%+24%-1,947%417.6×n/an/a
Mabwell (Shanghai) Bioscience 2493.HKHong Kong$1.37B-32%+21%-127%15.3×n/an/a
Innoviva INVAUnited States$1.38B-17%+18%36%2.4×-15.4%+3.9%
Avalyn Pharma AVLNUnited States$1.29B+7%n/an/an/an/an/a
Ascentage Pharma Group International 6855.HKHong Kong$1.39B-33%+70%-220%15.5×n/an/a
Zhejiang Hisoar Pharmaceutical 002099.SZChina$1.39B-9%+9%-13%4.9×n/an/a
PYC Therapeutics PYC.AXAustralia$1.28B+31%n/an/an/an/an/a
D&D Pharmatech 347850.KSSouth Korea$1.28B-49%-71%-1,368%617.6×n/an/a
GH Research GHRSUnited States$1.28B-13%n/an/an/an/an/a
Shenzhen Chipscreen Biosciences 688321.SSChina$1.40B-33%+27%12%8.9×n/an/a

Questions

Who are Idorsia's main competitors?
Named competitors: Vertex Pharmaceuticals (VRTX), Jazz Pharmaceuticals (JAZZ), Roche Holding (RO.SW). The cockpit's measured peer set (industry) also includes Lotus Pharmaceutical (1795.TW), Zhejiang Xianju Pharmaceutical (002332.SZ), Hanall Biopharma (009420.KS), Chongqing Genrix Biopharmaceutical (688443.SS), Phibro Animal Health (PAHC), Shanghai OPM Biosciences (688293.SS).
Is Idorsia expensive compared with its peers?
On ev / sales it trades at 10.7× against a peer median of 6.9×, 6th most expensive of 17 in its peer set.
How has Idorsia stock performed?
Over six months to 6 Nov 2026 the shares returned -5.0% against -12.3% for the median peer; over one year +15.8%.

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.