Stock · WST · Healthcare

West Pharmaceutical Services Inc

United States · Large Cap · listed since 1978 · Revenue 12 mo. $3.3B

Price as of 11/06/2026

StockScorer score
3.6
of 10 4 of 11 points Low Match To the score
Price
$399.81
1 Y +35.6%
Market cap
$28.2B
Phase
Mature
core business profitable, revenue barely moving
Revenue +2.1% a year (3 years)EBIT margin 20.1%Payout 26.0% of operating cash flow

West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

moreless

West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products. The Proprietary Products segment offers stoppers and seals for injectable packaging systems; syringe and cartridge components, including custom solutions for the needs of injectable drug applications, as well as administration systems that enhance the safe delivery of drugs through advanced reconstitution, mixing, and transfer technologies; and films, coatings, washing, and vision inspection and sterilization processes and services to enhance the quality of packaging products. This segment also provides drug containment solutions in the form of vials, syringes, and cartridges; and self-injection devices; and a range of integrated solutions, including analytical lab services, pre-approval primary packaging support and engineering development, regulatory expertise, and after-sales technical support. This segment serves biologic, generic, and pharmaceutical drug companies. The Contract-Manufactured Products segment is involved in the design, manufacture, and automated assembly of devices used in surgical, diagnostic, ophthalmic, injectable, and other drug delivery systems, as well as consumer products. This segment primarily serves pharmaceutical, diagnostic, and medical device companies. It sells and distributes its products through its sales force and distribution network, contract sales agents, and regional distributors. West Pharmaceutical Services, Inc. was founded in 1923 and is headquartered in Exton, Pennsylvania.

Original text from the data provider

Summary

West Pharmaceutical Services Inc is around the middle of the Healthcare sector overall

53.9 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 23.5% FCF growth a year, more than achieved over the last 5 and 10 years.

If free cash flow stays at €420.8M (2025), it supports €4.7B. The remaining €20.6B of the market value assume it grows 23.5% a year for 10 years and not at all afterwards.

Required FCF growth per year

23.5%

no growth afterwards

Market value breakdown€25.3B market value, price as of 11/06/2026

€4.7B without growth
€20.6B priced-in growth
  • 5 yrs achieved 2.8%
  • 10 yrs achieved 20.4%
  • priced in 23.5%

Valuation against its own history

Price to operating cash flow 43.0×, above its usual range.

Middle half of 20 quarters: 27.2× to 38.7×, median 34.0×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

No sign supports the expectation, 1 speaks against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • Expectation above the company's own record priced in 23.5%, achieved at most 20.4%

Since the last quarter

Q1 → Q2 2026

Mostly worse than the previous quarter: 2 of 3 changes for the worse.

  • FCF margin14.2% → 13.1%−1.1 ppworse
  • Net debt−$205.2M → −$123.7M+39.7%worse
  • Shares outstanding72.4M → 71.3M−1.5%better

5 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability46.2around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity15.54%11.52%Rank 67
Return on capital (Greenblatt)19.50%32.55%Rank 26
EBIT margin20.09%18.31%Rank 61
FCF margin15.26%14.12%Rank 56
Gross margin35.89%60.99%Rank 22
Growth53.6around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year6.26%8.04%Rank 42
Earnings growth, 3 years per year−4.22%5.44%Rank 27
Earnings growth, 5 years per year8.26%7.00%Rank 54
Sustainable growth (ROE × retained earnings)9.30%3.66%Rank 92
Valuation17.3below the middleValued higher than the sector: EV/EBIT 45.03, sector 21.73.
MetricStockSector medianPosition in sector
Earnings yield1.70%2.90%Rank 22
FCF yield1.66%3.63%Rank 20
EV/saleslower is better9.044.03Rank 18
EV/EBITlower is better45.0321.73Rank 10
Momentum63.3above the middleShare price doing better than the sector: Share price, 1 year 35.60%, sector 8.66%.
MetricStockSector medianPosition in sector
Share price, 1 year35.60%8.66%Rank 81
Share price, 6 months23.15%24.27%Rank 49
Share price, 3 months18.05%15.42%Rank 59
Distance from 52-week high−4.05%−7.35%Rank 64
Quality71.2above the middleQuality above the sector: Dividend streak in years 29, sector 10.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better0.63%0.30%Rank 45
Change in share countlower is better−1.36%0.00%Rank 72
Dividend streak in years2910Rank 93
Price reaction to results, market-adjusted3.28%0.05%Rank 75
Balance sheet & risk72.1above the middleLess risk than the sector: Equity ratio 74.38%, sector 48.40%.
MetricStockSector medianPosition in sector
Equity ratio74.38%48.40%Rank 85
Net debt/EBITDAlower is better−0.491.11Rank 76
Debt to equitylower is better0.130.48Rank 77
Volatility, 1 yearlower is better31.31%31.42%Rank 51

Ten years in figures

Revenue from $1.5B (2016) to $3.1B (2025), 8.2% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $MSharesNet debt, $M
20161.513.0%49.275.0M25.6
20171.614.3%132.575.8M−38.9
20181.714.8%183.975.4M−141.3
20191.816.1%240.875.4M−109.8
20202.119.5%298.175.8M−289.8
20212.826.8%330.676.3M−437.3
20222.926.5%439.475.8M−576.4
20233.024.1%414.575.3M−544.9
20242.920.6%276.473.7M−179.3
20253.120.1%468.972.7M−374.6
3.6 / 10Low MatchStockScorer score4 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

West Pharmaceutical Services Inc mainly meets criteria in the Momentum category. Result from 18 strategies checked.

This stock · Profitability: 67%This stock · Growth: 0%This stock · Valuation: 0%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How West Pharmaceutical Services Inc's score is built

West Pharmaceutical Services Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

3 of 7 rules met

4 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does West Pharmaceutical Services Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • StockScorer Score
  • Altman Z-Score: Stress Test
  • Earnings Quality: Accrual Check (Sloan)
  • Dividend Aristocrats & Continuity
  • Levermann Strategy (13 Criteria)
  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Balanced GARP
  • High-Growth / Rule of 40
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

West Pharmaceutical Services Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for West Pharmaceutical Services Inc.

MetricStockSector
P/E ratio58.930.0
P/B ratio9.24.8
Return on equity (ROE)15.5%11.5%
Equity ratio74.4%48.4%
Debt-to-equity (D/E)0.130.48
Dividend yield0.2%1.3%

Similar stocks in Healthcare

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
WSTWest Pharmaceutical Services Incthis page
RMDResMed IncHigh7.3
SOLVSolventum Corp.Low3.6
BAXBaxter International IncLow0.9
RGENRepligen Corporationlocked
COOThe Cooper Companies, Inclocked

Frequently asked questions about West Pharmaceutical Services Inc stock

How does West Pharmaceutical Services Inc stock (WST) score in the StockScorer model?
West Pharmaceutical Services Inc stock reaches a StockScorer score of 3.6 out of 10, which is a low match with the rule-based strategies. 3 out of 7 flagship profile rules are met.
What is West Pharmaceutical Services Inc's P/E ratio?
West Pharmaceutical Services Inc's P/E ratio is 58.9. The Healthcare sector median is 30.0.
What sector is West Pharmaceutical Services Inc in?
West Pharmaceutical Services Inc is assigned to the Healthcare sector. Its rank within the sector is 53.9 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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