ICLRICON Public Limited Company
Is the price fair?
Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.
Priced for ~1% a year FCF growth. The price bakes in little to no growth.
Expensive vs its own history: P/E 51.7 vs a 29.2 median over 40 quarters (+77% vs median).
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What ICLR's price assumes
ICON Public Limited Company trades at 316× earnings against 35.2× for the median Diagnostics & Research name, more expensive than its own group.
Trailing P/E · Diagnostics & Research median 35.2 · 8.98× the median: the market pays up for this one
- Price / sales
- 1.50
Price / sales · as of 2026-Q2
- Free cash flow yield
- 7.2%
Free cash flow yield · Diagnostics & Research median 3.7%
- Growth the price implies
- +0.86%
Growth the price implies · The price pays for +0.86% free cash flow growth a year for a decade; the business has delivered +32% a year over the last three.
Details›
- Price / bookas of 2026-Q2
- 1.33
- EV / EBITas of 2026-Q2
- 50.3
- EV / salesas of 2026-Q2
- 1.80
- Healthcare median P/E509 names
- 26.2
- Diagnostics & Research median P/E33 names
- 35.2
- Free cash flow, trailing twelve months
- $884M
- Market capitalisation
- $12.3B
- 3-year revenue growth
- +1.7%
- 3-year free cash flow growth
- +32%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $11.48 |
| Its own P/E history, median | $15.18 |
| Its own P/E history, upper quartile | $21.67 |
| 52-week range | $80.08 – $202.92 |
| Today | $164.17 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Diagnostics & Research
Ranks #3 of 21 by RyuScore