TELIX PHARMACEUTICALS LIMITED (TLX)
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TLX

TLX - TELIX PHARMACEUTICALS LIMITED

Year End: December
GICS Industry Group : Pharmaceuticals, Biotechnology & Life Sciences
Debt/EBITDA: 6.45
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$10.21

03 Feb
2026

-0.270

OPEN

$10.60

-2.58%

HIGH

$10.61

3,802,507

LOW

$10.03

TARGET
$27.24 166.8% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
TLX: 1
Title FY25
Forecast
FY26
Forecast
EPS (cps) - 1.7 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx15.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx783.2 M
Book Value Per Share xxxxxxxxxxxxxxx169.8
Net Operating Cash Flow xxxxxxxxxxxxxxx43.0 M
Net Profit Margin xxxxxxxxxxxxxxx6.37 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx13.92 %
Return on Invested Capital xxxxxxxxxxxxxxx7.72 %
Return on Assets xxxxxxxxxxxxxxx5.18 %
Return on Equity xxxxxxxxxxxxxxx13.92 %
Return on Total Capital xxxxxxxxxxxxxxx12.46 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx14.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx21 M
Long Term Debt xxxxxxxxxxxxxxx560 M
Total Debt xxxxxxxxxxxxxxx581 M
Goodwill - Gross xxxxxxxxxxxxxxx107 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx710 M
Price To Book Value xxxxxxxxxxxxxxx14.50

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx48.5 M
Capex % of Sales xxxxxxxxxxxxxxx6.19 %
Cost of Goods Sold xxxxxxxxxxxxxxx273 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx428 M
Research & Development xxxxxxxxxxxxxxx195 M
Investments - Total xxxxxxxxxxxxxxx56 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

21/01/2026

1

Buy

$31.00

203.62%

Telix Pharmaceuticals announced 4Q2025 group revenue, missing UBS and consensus forecasts by -1%, and at the lower end of upgraded guidance.

The analyst liked the ongoing volume growth, up 3%, and the rise in average selling price of 1%. This suggests Illucix and Gozellix continue to make inroads into outpatient hospitals, with the uptake in Gozellix expected to continue in 2026.

Overhangs from concerns over PSMA pricing headwinds, data delays and SEC investigations should be moderate in 2026, commencing with Pixclara resubmission and TLX591 Part 1 data due in a few weeks.

Management's 2026 guidance is also expected to provide growth outlook for Gozellix in 2026. The analyst estimates the PSMA diagnostics franchise is worth $16.60 per share alone. UBS reiterates a Buy rating with a $31 target price.

FORECAST
UBS forecasts a full year FY25 dividend of 0.00 cents and EPS of 3.08 cents.
UBS forecasts a full year FY26 dividend of 0.00 cents and EPS of 23.08 cents.

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

20/01/2026

1

Buy

$25.10

145.84%

Telix Pharmaceuticals' fourth quarter sales of US$208m missed consensus by -3.7%, prompting Jarden to reassess its interpretation of guidance and downgrade revenue forecasts by -3.1% for 2025 and -9.8% for 2026.

Despite this, the analyst highlights encouraging signs from the Illucix and Gozellix franchise, which returned to 3.9% q/q growth following two softer quarters.

Delays to Pixclara, Zircaix and TLX-591 approvals have been pushed further into outer years, contributing to earnings downgrades and a -10.5% cut to the DCF-based target price.

A Buy rating is retained on valuation grounds, with the target reduced to $25.10 from $28.06.

FORECAST
Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -1.69 cents.
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.31 cents.

TLX STOCK CHART