Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Guerbet SA is a French pharmaceutical group specializing in the research, development, production, and sale of contrast media for medical imaging. Founded in 1926 by André Guerbet, the company traces its roots to the discovery of Lipiodol, the first iodinated X-ray contrast agent in 1901. It offers a comprehensive portfolio of products for X-ray imaging (approximately 57% of sales), MRI (31%), and other modalities like ultrasound and nuclear medicine, including brands such as Dotarem, Xenetix, Optiray, and the FDA-approved Elucirem (Gadopiclenol) for MRI. Guerbet operates eight production sites across France, the United States, Ireland, and Brazil, employing around 2,800 people worldwide. With a global presence, Europe represents about 37% of net sales, while the company serves healthcare professionals in diagnostic and interventional radiology. Recognized as a key player in the growing contrast media market, Guerbet maintains full control over its supply chain, supporting advancements in medical imaging technologies and procedures.
Operating margin is thin at 1.01%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 6.2% YoY. Margins deteriorated 4.7pp alongside, both lines moving the wrong way.
ROIC dropped from 4.97% to 0.86%, capital efficiency is deteriorating. Net debt of €297M represents 6.7x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€799M
▼ -6.2% YoY
Net Income (TTM)
-€113M
▼ -936.5% YoY
Op. Margin
1.01%
▼ -4.7pp YoY
ROIC
0.86%
▼ -4.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€44M
▲ +83.6% YoY
Op. Cash Flow (TTM)
€74M
▲ +34.1% YoY
Net Debt
€297M
Cash & Equiv.
€144M
3Y CAGR: +1.2%
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