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 94,810 124,862 116,893 - -
Change - 11.72% -26.77% -32.65% 31.7% -6.38% - -
Enterprise Value (EV) 1 152,725 169,905 112,635 73,709 114,029 136,295 128,712 116,277
Change - 11.25% -33.71% -34.56% 54.7% 19.53% -5.56% -9.66%
P/E 57.8x 35.2x 32.6x 12.3x 20.9x 24.9x 17.3x 11.6x
PBR 7.82x 7.07x 4.5x 2.68x 3.47x 2.82x 2.42x 2.02x
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 4.14x 3.52x 2.9x
EV / Revenue 18x 11.6x 6.84x 3.42x 4.85x 4.83x 3.88x 2.89x
EV / EBITDA 46.8x 25.3x 20.1x 10.4x 15.9x 15.7x 11x 6.99x
EV / EBIT 50.6x 26.7x 21.2x 10.5x 17x 17.7x 12.8x 8.18x
EV / FCF 77.3x 47.3x 16.1x 9.72x 15.7x 25.3x 15.1x 8.31x
FCF Yield 1.29% 2.12% 6.23% 10.3% 6.36% 3.95% 6.62% 12%
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 1,904.00 1,904.00 1,904.00
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.08x6.49x14.2x1.51% 55.92B
33.57x8.33x25.41x0.06% 56.67B
-18.45x4.44x-7.77x-.--% 23.28B
-42.05x13.36x-39.35x-.--% 23.28B
25.7x5.07x13.38x-.--% 20.54B
-617.89x37.85x-1571.42x-.--% 15.9B
44.16x17.85x45.97x0.08% 14.64B
17.51x5.07x11.83x-.--% 13.99B
-26.93x25.44x-32.13x-.--% 12.22B
Average -62.59x 13.77x -171.10x 0.18% 26.27B
Weighted average by Cap. -29.86x 10.99x -97.80x 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