Mulya.ai
Ticker
BIIB
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?5.8%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.357
Beta (levered) ?0.423
Terminal OM% ?27.6%
Segment conc. ?42% dominant
Terminal growth ?4.1%
Bond rating ?A+ · 1.00%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

BIIB · Biogen Inc.

$216.032026-07-21
Sector: Healthcare; Industry: Drug Manufacturers - General; Sub-Industry: Biotechnology

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$223
+3.0% vs market
Base · active
$222
+2.8% vs market
Bear
$222
+2.9% vs market
Mulya.ai vs Analyst IV Comparison?
Market $216
Base $222
Bear $222
Bull $223
Median $225
Market Price $216
Mulya.ai Base $222
Analysts Median $225
Mulya.ai IV range ($222 · $223)
Analysts Range ($185 · $260)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2024.Q1$9.8B21.3%11.8%$1.9B−$7.3B−$5.4B5.1%6.1%$30.4B$7.82
2024.Q4$9.8B0.0%21.3%14.4%$1.8B−$748MM$1.0B5.3%5.9%$30.4B$7.82
2025.Q1$9.7B-1.6%25.7%15.6%$2.1B−$757MM$1.3B5.2%7.0%$29.7B$11.00
2025.Q4$9.7B0.0%25.7%7.7%$2.3B−$189MM$2.1B5.0%7.7%$30.1B$11.00
2026.Q1$9.9B1.9%15.6%6.5%$1.4B$105MM$1.5B5.0%5.0%$27.7B$9.2520.8
italics below = DCF projection · 10yr Rev CAGR: 3.1%
2027.Q1$10.0B+1.4%19.1%7.9%$1.8B−$380MM$1.4B6.1%$1.3B6.3%$28.1B$11.8518.2
2028.Q1$10.2B+2.1%20.3%9.2%$1.9B−$604MM$1.3B6.3%$1.1B6.6%$28.7B$12.6717.1
2029.Q1$10.4B+2.5%25.3%10.6%$2.4B−$737MM$1.6B6.6%$1.4B8.1%$29.4B$15.9113.6
2030.Q1$10.8B+2.9%26.8%11.9%$2.5B−$908MM$1.6B6.8%$1.3B8.5%$30.3B$17.1012.6
2031.Q1$11.1B+3.2%26.8%13.3%$2.6B−$1.1B$1.5B7.1%$1.1B8.4%$31.4B$17.3912.4
Term. Yr+$13.9B4.1%27.6%20.0%$3.1B−$1.5B$1.6B8.6%$17.8B8.6%
Active scenario IV: $222 (+2.8% vs market)