Market Closed -
Nasdaq Copenhagen
15:59:54 17/05/2024 BST
|
5-day change
|
1st Jan Change
|
37.4
DKK
|
+0.43%
|
|
+8.16%
|
+14.16%
|
Fiscal Period: December |
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
25,433
|
31,719
|
36,108
|
-
|
-
|
Enterprise Value (EV)
1 |
27,464
|
31,008
|
31,638
|
28,064
|
24,023
|
P/E ratio
|
13.5
x
|
14.2
x
|
12.2
x
|
10.5
x
|
9.48
x
|
Yield
|
2.23%
|
2.14%
|
2.39%
|
2.75%
|
3.23%
|
Capitalization / Revenue
|
1.39
x
|
1.59
x
|
1.71
x
|
1.63
x
|
1.58
x
|
EV / Revenue
|
1.51
x
|
1.56
x
|
1.5
x
|
1.27
x
|
1.05
x
|
EV / EBITDA
|
5.89
x
|
5.49
x
|
5.25
x
|
4.31
x
|
3.45
x
|
EV / FCF
|
10.2
x
|
8.66
x
|
7.26
x
|
6.05
x
|
4.75
x
|
FCF Yield
|
9.83%
|
11.5%
|
13.8%
|
16.5%
|
21%
|
Price to Book
|
1.24
x
|
1.47
x
|
1.5
x
|
1.35
x
|
1.2
x
|
Nbr of stocks (in thousands)
|
992,840
|
992,840
|
992,011
|
-
|
-
|
Reference price
2 |
26.05
|
32.76
|
37.40
|
37.40
|
37.40
|
Announcement Date
|
07/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
17,036
|
17,672
|
16,299
|
18,246
|
19,912
|
21,089
|
22,133
|
22,892
|
EBITDA
1 |
4,823
|
4,783
|
3,720
|
4,663
|
5,652
|
6,030
|
6,506
|
6,956
|
EBIT
1 |
3,608
|
1,990
|
2,010
|
2,852
|
3,195
|
4,024
|
4,960
|
5,566
|
Operating Margin
|
21.18%
|
11.26%
|
12.33%
|
15.63%
|
16.05%
|
19.08%
|
22.41%
|
24.31%
|
Earnings before Tax (EBT)
1 |
3,481
|
1,906
|
1,581
|
2,474
|
2,993
|
4,152
|
4,711
|
5,407
|
Net income
1 |
2,667
|
1,581
|
1,318
|
1,916
|
2,290
|
3,075
|
3,456
|
3,837
|
Net margin
|
15.66%
|
8.95%
|
8.09%
|
10.5%
|
11.5%
|
14.58%
|
15.61%
|
16.76%
|
EPS
2 |
-
|
-
|
-
|
1.930
|
2.310
|
3.059
|
3.548
|
3.945
|
Free Cash Flow
1 |
2,169
|
3,360
|
1,662
|
2,699
|
3,579
|
4,361
|
4,637
|
5,055
|
FCF margin
|
12.73%
|
19.01%
|
10.2%
|
14.79%
|
17.97%
|
20.68%
|
20.95%
|
22.08%
|
FCF Conversion (EBITDA)
|
44.97%
|
70.25%
|
44.68%
|
57.88%
|
63.32%
|
72.32%
|
71.28%
|
72.67%
|
FCF Conversion (Net income)
|
81.33%
|
212.52%
|
126.1%
|
140.87%
|
156.29%
|
141.82%
|
134.19%
|
131.72%
|
Dividend per Share
2 |
-
|
-
|
-
|
0.5800
|
0.7000
|
0.8944
|
1.029
|
1.210
|
Announcement Date
|
06/02/20
|
04/02/21
|
09/02/22
|
07/02/23
|
07/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
4,053
|
4,372
|
4,475
|
4,719
|
4,680
|
5,044
|
4,938
|
4,952
|
4,978
|
5,288
|
5,257
|
5,360
|
5,327
|
-
|
-
|
EBITDA
1 |
440
|
1,290
|
1,049
|
1,414
|
910
|
1,845
|
1,493
|
1,521
|
793
|
1,746
|
1,585
|
1,672
|
1,221
|
-
|
-
|
EBIT
1 |
6
|
875
|
622
|
952
|
403
|
1,233
|
840
|
891
|
231
|
1,278
|
1,470
|
1,556
|
1,090
|
-
|
-
|
Operating Margin
|
0.15%
|
20.01%
|
13.9%
|
20.17%
|
8.61%
|
24.44%
|
17.01%
|
17.99%
|
4.64%
|
24.17%
|
27.96%
|
29.03%
|
20.46%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-112
|
528
|
647
|
882
|
417
|
1,150
|
785
|
883
|
175
|
1,307
|
1,048
|
1,111
|
852
|
-
|
-
|
Net income
1 |
-2
|
412
|
505
|
688
|
311
|
880
|
600
|
676
|
134
|
1,006
|
996
|
800.7
|
732.1
|
-
|
-
|
Net margin
|
-0.05%
|
9.42%
|
11.28%
|
14.58%
|
6.65%
|
17.45%
|
12.15%
|
13.65%
|
2.69%
|
19.02%
|
18.94%
|
14.94%
|
13.74%
|
-
|
-
|
EPS
2 |
-
|
-
|
0.5100
|
0.6900
|
0.3100
|
0.8900
|
0.6000
|
0.6800
|
0.1400
|
1.010
|
0.7977
|
0.8348
|
0.5226
|
1.200
|
1.410
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
0.5800
|
-
|
-
|
-
|
0.7000
|
-
|
-
|
-
|
0.4803
|
-
|
-
|
Announcement Date
|
09/02/22
|
11/05/22
|
17/08/22
|
09/11/22
|
07/02/23
|
10/05/23
|
16/08/23
|
08/11/23
|
07/02/24
|
15/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
6,625
|
3,966
|
3,043
|
2,031
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
711
|
4,469
|
8,044
|
12,085
|
Leverage (Debt/EBITDA)
|
1.374
x
|
0.8292
x
|
0.818
x
|
0.4356
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,169
|
3,360
|
1,662
|
2,699
|
3,579
|
4,361
|
4,637
|
5,055
|
ROE (net income / shareholders' equity)
|
26.8%
|
9.37%
|
14.2%
|
16.4%
|
10.7%
|
16.4%
|
15.7%
|
15.8%
|
ROA (Net income/ Total Assets)
|
13.2%
|
4.4%
|
7.07%
|
8.87%
|
6.12%
|
7.77%
|
8.12%
|
8.2%
|
Assets
1 |
20,266
|
35,893
|
18,647
|
21,606
|
37,429
|
39,596
|
42,561
|
46,796
|
Book Value Per Share
2 |
-
|
-
|
-
|
20.90
|
22.20
|
24.90
|
27.80
|
31.10
|
Cash Flow per Share
2 |
-
|
-
|
-
|
3.540
|
4.110
|
4.720
|
5.210
|
5.270
|
Capex
1 |
440
|
477
|
610
|
820
|
501
|
450
|
476
|
492
|
Capex / Sales
|
2.58%
|
2.7%
|
3.74%
|
4.49%
|
2.52%
|
2.14%
|
2.15%
|
2.15%
|
Announcement Date
|
06/02/20
|
04/02/21
|
09/02/22
|
07/02/23
|
07/02/24
|
-
|
-
|
-
|
Last Close Price
37.4
DKK Average target price
39.96
DKK Spread / Average Target +6.84% Consensus |
1st Jan change
|
Capi.
|
---|
| +14.16% | 5.26B | | +21.93% | 73.38B | | -1.71% | 24.13B | | +7.33% | 8.78B | | +10.34% | 8.59B | | -19.80% | 8.06B | | -0.03% | 4.21B | | +12.70% | 4.17B | | -2.54% | 3.89B | | +24.00% | 3.71B |
Pharmaceuticals Wholesale
|