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Pharma valuations

pharma-franchise cohort (Indian domestic-OTC + branded chronic-care MNCs). Terminal growth lifts to 5.5% to reflect India healthcare nominal-spend tailwind and pricing-power durability. CDMO names (DIVISLAB, SYNGENE) use a separate 4.5% lift under the same framework. Hospital chains are tracked under a sibling cohort (MAXHEALTH, FORTIS, APOLLOHOSP, etc.) at 5.5%.

Tickers
13
Median MoS
-24.3%
Median score
43
Median ROE
15.6%

Verdict distribution

Undervalued1Fairly valued5Overvalued5

Cohort constituents

ABBOTINDIA58-16.1Fairly valued
GLAXO58-13.6Fairly valued
DRREDDY5519.7Fairly valued
SUNPHARMA53-24.3Fairly valued
ERIS50-46.4data_limited
CIPLA45-11.5Fairly valued
PFIZER43-18.9avoid
MANKIND40-56.0Overvalued
TORNTPHARM40-64.1Overvalued
DIVISLAB40-63.3Overvalued
GLAND40-37.3Overvalued
SANOFI4073.8Undervalued
AJANTPHARM32-57.7Overvalued