Company Valuation: Genmab A/S

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 172,063 192,229 140,770 94,810 124,862 114,621 - -
Change - 11.72% -26.77% -32.65% 31.7% -8.2% - -
Enterprise Value (EV) 1 152,725 169,905 112,635 73,709 114,029 134,023 126,440 114,005
Change - 11.25% -33.71% -34.56% 54.7% 17.53% -5.66% -9.83%
P/E 57.8x 35.2x 32.6x 12.3x 20.9x 24.4x 16.9x 11.4x
PBR 7.82x 7.07x 4.5x 2.68x 3.47x 2.77x 2.38x 1.98x
PEG - 0.4x -1.5x 0.1x -1x -1.2x 0.4x 0.2x
Capitalization / Revenue 20.3x 13.2x 8.54x 4.4x 5.31x 4.06x 3.45x 2.85x
EV / Revenue 18x 11.6x 6.84x 3.42x 4.85x 4.74x 3.81x 2.83x
EV / EBITDA 46.8x 25.3x 20.1x 10.4x 15.9x 15.4x 10.8x 6.86x
EV / EBIT 50.6x 26.7x 21.2x 10.5x 17x 17.4x 12.6x 8.02x
EV / FCF 77.3x 47.3x 16.1x 9.72x 15.7x 24.9x 14.8x 8.15x
FCF Yield 1.29% 2.12% 6.23% 10.3% 6.36% 4.02% 6.74% 12.3%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 45.54 83.65 66.02 121.4 97.08 76.56 110.2 164.2
Distribution rate - - - - - - - -
Net sales 1 8,482 14,595 16,474 21,526 23,497 28,246 33,177 40,279
EBITDA 1 3,266 6,719 5,616 7,116 7,175 8,691 11,694 16,627
EBIT 1 3,018 6,357 5,321 7,003 6,727 7,708 10,033 14,217
Net income 1 3,008 5,522 4,352 7,844 6,083 4,815 7,054 10,606
Net Debt 1 -19,338 -22,324 -28,135 -21,101 -10,833 19,402 11,819 -616.3
Reference price 2 2,630.00 2,941.00 2,155.00 1,492.50 2,027.00 1,867.00 1,867.00 1,867.00
Nbr of stocks (in thousands) 65,423 65,362 65,322 63,524 61,599 61,393 - -
Announcement Date 16/02/22 22/02/23 14/02/24 12/02/25 17/02/26 - - -
1DKK in Million2DKK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.44x8.02x24.72x0.05% 55.01B
20.35x6.27x13.72x1.56% 54.24B
-18.46x4.46x-7.81x-.--% 23.38B
-40.77x12.94x-38.12x-.--% 22.57B
25.4x4.97x13.15x-.--% 20.19B
-778.79x36.99x-4163.86x-.--% 15.5B
42.81x17.28x44.49x0.09% 14.2B
17.78x5.16x12.03x-.--% 14.2B
-76.56x7.92x-63.18x-.--% 12.42B
Average -86.20x 11.56x -462.76x 0.19% 25.75B
Weighted average by Cap. -43.64x 9.79x -272.74x 0.38%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield