Grifols is shifting to regional plasma sourcing, aiming for durable cash generation over headline catalysts like a U.S. listing or refinancing. I see improved cash flow as contingent on better sourcing economics, higher network productivity, and incremental plasma protein revenues, not just revenue growth. Despite a 30%+ EV/EBITDA discount to peers, GRFS's value hinges on operational improvements and cash conversion, not simply low multiples.
Investors interested in Medical - Drugs stocks are likely familiar with Grifols (GRFS) and Sandoz Group AG Sponsored ADR (SDZNY). But which of these two companies is the best option for those looking for undervalued stocks?
Grifols NASDAQ: GRFS said its second-quarter and first-half results kept the plasma-derived medicines company on track to meet its 2026 objectives, supported by continued growth in immunoglobulins, improving free cash flow and progress in its plasma-sourcing strategy.
| Biotechnology Industry | Healthcare Sector | Jose Ignacio Abia Buenache CEO | XFRA Exchange | 398438408 CUSIP |
| ES Country | 25,258 Employees | 2 Jul 2026 Last Dividend | 11 Dec 2012 Last Split | - IPO Date |
Grifols, S.A., headquartered in Barcelona, Spain, is a pioneering company in the plasma therapeutic industry with a wide-ranging international presence, including operations in Spain, the United States, Canada, and other countries worldwide. Founded in 1909, the company has established itself as a major player in the healthcare sector, focusing on the innovation, development, and marketing of plasma-derived medicines to treat various diseases. Grifols engages in comprehensive activities spanning the collection and processing of plasma, research and development of new therapeutic applications, manufacturing, and the marketing of diagnostics, pharmaceutical products, and plasma-derived products. It also extends its services to include diagnostic testing equipment and reagents, with a strong commitment to advancing treatment in immunology, hematology, and other medical fields through collaborative agreements and extensive research initiatives.