Compare Stocks › INCY vs V
Incyte Corporation (INCY) vs Visa Inc. (V)
INCY
Incyte Corporation
$96.91
VS
V
Visa Inc.
$328.03
Rewards
INCY
- ★Free cash flow has grown at a 14.2% CAGR over the past 4 years, demonstrating strong earnings power growth.
- ★Share count has been reduced by 11% over the past 4 years through buybacks, increasing each share's claim on earnings.
- ★Each dollar of retained earnings has created $5.48 of earning power — management is an exceptional capital allocator.
V
- ★Visa Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
- ★Gross margin of 97.8% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Visa Inc. scores 99/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.
Risks
INCY
- ⚠FCF yield of 6.9% suggests reasonable valuation assuming continued moderate growth.
- ⚠Insiders have sold $5.4M worth of stock in the past 3 months — significant insider liquidation.
V
- ⚠Insiders have sold $10.9M worth of stock in the past 3 months — significant insider liquidation.
Key Valuation Metrics
Learn more →INCY
V
Valuation
$1.33B
Free Cash Flow
$20.84B
6.87%
FCF Yield
3.34%
13.69
Trailing P/E
28.57
10.70
Forward P/E
22.15
Quality & Moat
19.11%
ROIC
38.39%
22.87%
ROE
56.25%
52.77%
Gross Margin
97.78%
0.16
PEG Ratio
0.80
Balance Sheet Safety
0.01
Debt / Equity
0.67
N/A
Interest Coverage
N/A
-2.57
Net Debt / EBITDA
0.33
N/A
Dividend Yield
0.82%
INCY: 6Ties: 1V: 4
INCYV
Historical Fundamentals
Learn more →INCY
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
V
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →INCY
$0.89
created per $1 retained over 3 years
Mediocre Allocator
Σ Retained
$1.92B
Δ Market Cap
+$1.71B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
V
$5.50
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$44.47B
Δ Market Cap
+$244.54B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →INCY
63.0% Margin of Safety
Price is 63.0% below estimated fair value
Current Price: $96.91
Strongly undervalued
Fairly valued
Strongly overvalued
Fair Value: $262.00
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
V
6.6% Overvalued
Price is 6.6% above estimated fair value
Current Price: $328.03
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $307.82
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →INCY
What growth rate is the market pricing in at $97?
+0.7%
Market-Implied Owner Earnings Growth
Standard FCF implies +0.2%
The market implies +0.7% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding +0.2%, reflecting heavy growth investment expected to generate future returns.
V
What growth rate is the market pricing in at $328?
+13.9%
Market-Implied Owner Earnings Growth
Standard FCF implies +13.4%
The market implies +13.9% Owner Earnings growth, above historical trends.
Standard FCF implies a demanding +13.4%, reflecting heavy growth investment.
Economic Moat Score
Learn more →INCY
64/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving margin stability would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
V
99/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None
Wide moat with strength across all dimensions. ROIC Consistency is the standout factor.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →INCY
-2.43
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
V
-2.50
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →INCY
Insiders 1.8%Institutions 104.1%
No. of Institutional Holders1,221
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
V
Insiders 0.6%Institutions 91.6%Retail & Other 7.8%
No. of Institutional Holders5,826
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →INCY
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
V
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →INCY
3
Sells (3M)
33
Sells (12M)
Total value (12M): $41.88M
CAGNONI PABLO J
President
$1.80M
@ $96.50 · 2026-04-17
CAGNONI PABLO J
Officer
$1.76M
@ $94.24 · 2026-03-17
CAGNONI PABLO J
Officer
$1.88M
@ $100.91 · 2026-02-19
ISSA MOHAMED KHAIRIE
Officer
$1.18M
@ $109.07 · 2026-01-07
STEIN STEVEN H.
Officer
$1.59M
@ $101.70 · 2026-01-05
TRAY THOMAS R
Officer
$336,350
@ $99.69 · 2025-12-19
MORRISSEY MICHAEL JAMES
Officer
$5.68M
@ $97.29 · 2025-12-17
MAYES PATRICK A
Officer
$554,965
@ $95.55 · 2025-12-11
STEIN STEVEN H.
Officer
$2.32M
@ $102.56 · 2025-12-02
TRAY THOMAS R
Officer
$79,038
@ $102.78 · 2025-11-24
DENTON SHEILA A
General Counsel
$29,012
@ $104.36 · 2025-11-17
HOPPENOT HERVE
Director
$19.77M
@ $105.46 · 2025-11-10
STEIN STEVEN H.
Officer
$534,813
@ $102.20 · 2025-11-05
DENTON SHEILA A
General Counsel
$60,613
@ $101.36 · 2025-11-04
HEESON LEE
Officer
$289,017
@ $94.02 · 2025-11-03
DENTON SHEILA A
General Counsel
$23,581
@ $85.13 · 2025-10-15
DENTON SHEILA A
General Counsel
$351,978
@ $85.85 · 2025-10-03
DENTON SHEILA A
General Counsel
$23,116
@ $83.15 · 2025-09-16
DENTON SHEILA A
General Counsel
$50,812
@ $84.97 · 2025-09-02
DENTON SHEILA A
General Counsel
$24,046
@ $86.81 · 2025-08-15
DENTON SHEILA A
General Counsel
$45,310
@ $75.77 · 2025-08-04
STEIN STEVEN H.
Officer
$251,786
@ $67.94 · 2025-07-21
DENTON SHEILA A
General Counsel
$286,296
@ $69.57 · 2025-07-16
IYENGAR VIJAY K
Officer
$67,198
@ $68.36 · 2025-07-16
FLANNELLY BARRY P.
Officer
$91,602
@ $68.36 · 2025-07-16
IYENGAR VIJAY K
Officer
$82,225
@ $69.86 · 2025-07-15
FLANNELLY BARRY P.
Officer
$83,273
@ $69.86 · 2025-07-15
STEIN STEVEN H.
Officer
$1.02M
@ $68.47 · 2025-07-14
IYENGAR VIJAY K
Officer
$587,275
@ $68.15 · 2025-07-03
FLANNELLY BARRY P.
Officer
$743,039
@ $68.15 · 2025-07-03
DENTON SHEILA A
General Counsel
$41,097
@ $68.61 · 2025-07-02
DENTON SHEILA A
General Counsel
$122,060
@ $68.00 · 2025-06-03
TRAY THOMAS R
Officer
$105,516
@ $65.38 · 2025-06-02
FLANNELLY BARRY P.
Officer
$1.34M
@ $67.69 · 2025-03-14
DENTON SHEILA A
General Counsel
$41,924
@ $69.99 · 2025-03-04
DENTON SHEILA A
General Counsel
$1.04M
@ $74.07 · 2025-02-26
STEIN STEVEN H.
Officer
$897,867
@ $72.69 · 2025-01-21
TRAY THOMAS R
Officer
$90,968
@ $69.98 · 2024-12-16
IYENGAR VIJAY K
Officer
$455,544
@ $75.38 · 2024-11-29
FLANNELLY BARRY P.
Officer
$293,210
@ $79.68 · 2024-11-06
TRAY THOMAS R
Officer
$60,209
@ $63.11 · 2024-09-13
DICKINSON JONATHAN ELLIOTT
Officer
$526,948
@ $62.36 · 2024-09-12
STEIN STEVEN H.
Officer
$703,793
@ $60.63 · 2024-08-12
IYENGAR VIJAY K
Officer
$1.09M
@ $70.00 · 2024-07-25
FLANNELLY BARRY P.
Officer
$83,832
@ $64.19 · 2024-07-16
FLANNELLY BARRY P.
Officer
$488,880
@ $60.00 · 2024-07-09
FLANNELLY BARRY P.
Officer
$1.15M
@ $60.00 · 2024-06-12
TRAY THOMAS R
Officer
$64,389
@ $58.91 · 2024-06-06
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
V
2
Sells (3M)
22
Sells (12M)
Total value (12M): $105.04M
MCINERNEY RYAN
Chief Executive Officer
$10.70M
@ $340.14 · 2026-04-29
CARNEY LLOYD A
Director
$201,253
@ $309.62 · 2026-03-11
MCINERNEY RYAN
Chief Executive Officer
$3.66M
@ $349.18 · 2026-01-02
MCINERNEY RYAN
Chief Executive Officer
$3.57M
@ $340.07 · 2025-12-11
ROTTENBERG JULIE B
General Counsel
$699,315
@ $345.00 · 2025-12-11
TANEJA RAJAT
Officer
$7.84M
@ $330.14 · 2025-12-02
FABARA PAUL D
Officer
$2.50M
@ $331.45 · 2025-12-02
TANEJA RAJAT
Officer
$2.08M
@ $330.00 · 2025-11-21
FABARA PAUL D
Officer
$707,917
@ $325.93 · 2025-11-21
CARNEY LLOYD A
Director
$302,832
@ $336.48 · 2025-11-04
MCINERNEY RYAN
Chief Executive Officer
$3.58M
@ $341.00 · 2025-11-03
MCINERNEY RYAN
Chief Executive Officer
$3.59M
@ $342.30 · 2025-10-01
MCINERNEY RYAN
Chief Executive Officer
$3.65M
@ $348.57 · 2025-09-02
ROTTENBERG JULIE B
General Counsel
$697,329
@ $344.02 · 2025-08-18
MCINERNEY RYAN
Chief Executive Officer
$3.60M
@ $343.13 · 2025-08-14
MCINERNEY RYAN
Chief Executive Officer
$3.05M
@ $353.82 · 2025-07-01
FABARA PAUL D
Officer
$4.36M
@ $375.00 · 2025-06-11
TANEJA RAJAT
President
$18.44M
@ $368.87 · 2025-06-05
FABARA PAUL D
Officer
$17.10M
@ $370.00 · 2025-06-05
MCINERNEY RYAN
Chief Executive Officer
$3.13M
@ $362.77 · 2025-06-02
FABARA PAUL D
Officer
$6.32M
@ $357.45 · 2025-05-12
FABARA PAUL D
Officer
$5.26M
@ $355.04 · 2025-05-08
MCINERNEY RYAN
Chief Executive Officer
$2.98M
@ $345.58 · 2025-05-01
ROTTENBERG JULIE B
General Counsel
$889,868
@ $345.58 · 2025-05-01
MCINERNEY RYAN
Chief Executive Officer
$3.02M
@ $350.44 · 2025-04-01
FABARA PAUL D
Officer
$13.40M
@ $340.41 · 2025-03-19
FABARA PAUL D
Officer
$12.88M
@ $327.20 · 2025-03-14
MCINERNEY RYAN
Chief Executive Officer
$3.13M
@ $363.00 · 2025-03-03
MAHON TULLIER KELLY
Officer
$11.80M
@ $349.77 · 2025-02-07
ANDRESKI PETER M
Officer
$815,314
@ $349.62 · 2025-02-07
MCINERNEY RYAN
Chief Executive Officer
$2.93M
@ $340.00 · 2025-02-03
ROTTENBERG JULIE B
General Counsel
$874,480
@ $340.00 · 2025-02-03
MCINERNEY RYAN
Chief Executive Officer
$2.74M
@ $317.78 · 2025-01-02
TANEJA RAJAT
Officer
$11.15M
@ $315.55 · 2024-12-13
MCINERNEY RYAN
Chief Executive Officer
$2.73M
@ $316.90 · 2024-12-02
FABARA PAUL D
Officer
$668,603
@ $307.97 · 2024-11-22
MCINERNEY RYAN
Chief Executive Officer
$2.49M
@ $288.49 · 2024-11-01
ROTTENBERG JULIE B
General Counsel
$741,996
@ $288.49 · 2024-11-01
MCINERNEY RYAN
Chief Executive Officer
$2.39M
@ $276.97 · 2024-10-01
MCINERNEY RYAN
Chief Executive Officer
$2.38M
@ $276.37 · 2024-09-03
MCINERNEY RYAN
Chief Executive Officer
$2.37M
@ $275.00 · 2024-08-29
ROTTENBERG JULIE B
General Counsel
$707,300
@ $275.00 · 2024-08-29
MAHON TULLIER KELLY
Officer
$10.12M
@ $267.64 · 2024-08-16
FABARA PAUL D
Officer
$7.01M
@ $277.15 · 2024-05-15
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →INCY
😐Neutral(53/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
V
😐Neutral(57/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →INCY
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (53)
V
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (57)