Projected Income Statement: Genmab A/S

Forecast Balance Sheet: Genmab A/S

Forecast Balance Sheet - Genmab A/S
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -19,338 -22,324 -28,135 -21,101 -10,833 18,487 11,287 -3,035
Change - -15.44% -26.03% 25% 48.66% 270.66% -38.95% -126.89%
Announcement Date 2/16/22 2/22/23 2/14/24 2/12/25 2/17/26 - - -
1DKK in Million
Estimates

Cash Flow Forecast: Genmab A/S

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 252 317 366 187 233.7 454.1 580.4 684.8
Change - 25.79% 15.46% -48.91% 24.98% 94.29% 27.82% 17.99%
Free Cash Flow (FCF) 1 1,976 3,595 7,014 7,584 7,258 6,112 7,917 13,335
Change - 81.93% 95.1% 8.13% -4.3% -15.79% 29.54% 68.43%
Announcement Date 2/16/22 2/22/23 2/14/24 2/12/25 2/17/26 - - -
1DKK in Million
Estimates

Forecast Financial Ratios: Genmab A/S

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 38.51% 46.04% 34.09% 33.06% 30.54% 30.86% 35.75% 39.77%
EBIT Margin (%) 35.58% 43.56% 32.3% 32.53% 28.63% 27.27% 30.27% 34.4%
EBT Margin (%) 46.96% 48.2% 34.22% 42.57% 32.37% 20.51% 25.36% 32.9%
Net margin (%) 35.46% 37.83% 26.42% 36.44% 25.89% 17.13% 21.31% 25.02%
FCF margin (%) 23.3% 24.63% 42.58% 35.23% 30.89% 20.38% 21.83% 28.28%
FCF / Net Income (%) 65.69% 65.1% 161.17% 96.69% 119.31% 118.96% 102.45% 113.03%

Profitability

        
ROA 13.14% 20.11% 13.31% 19.34% 9.99% 6.44% 8.92% 11.04%
ROE 14.56% 22.25% 14.78% 22.97% 17.53% 12.32% 14.8% 18.71%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - 2x 0.87x -
Debt / Free cash flow - - - - - 3.02x 1.43x -

Capital Intensity

        
CAPEX / Current Assets (%) 2.97% 2.17% 2.22% 0.87% 0.99% 1.51% 1.6% 1.45%
CAPEX / EBITDA (%) 7.72% 4.72% 6.52% 2.63% 3.26% 4.91% 4.48% 3.65%
CAPEX / FCF (%) 12.75% 8.82% 5.22% 2.47% 3.22% 7.43% 7.33% 5.14%

Items per share

        
Cash flow per share 1 33.73 59.26 111.7 120.2 119.5 118 163.5 263.1
Change - 75.68% 88.46% 7.65% -0.61% -1.29% 38.65% 60.85%
Dividend per Share 1 - - - - - - - -
Change - - - - - - - -
Book Value Per Share 1 336.3 415.8 478.9 556 584.7 704.5 824 1,008
Change - 23.63% 15.19% 16.09% 5.16% 20.48% 16.97% 22.28%
EPS 1 45.54 83.65 66.02 121.4 97.08 83.38 113.3 189.4
Change - 83.68% -21.08% 83.82% -20% -14.11% 35.88% 67.12%
Nbr of stocks (in thousands) 65,423 65,362 65,322 63,524 61,599 63,295 63,295 63,295
Announcement Date 2/16/22 2/22/23 2/14/24 2/12/25 2/17/26 - - -
1DKK
Estimates
2026 *2027 *
P/E 42.3x 31.1x
PBR 5.01x 4.28x
EV / Sales 8.06x 6.47x
Yield - -

EPS & Dividend

EPS & Dividend - Genmab A/S


Y-o-Y evolution of P/E

Valuation ratios - P/E - Genmab A/S
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Genmab A/S
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - Genmab A/S
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
3,527.00DKK
Average target price
4,007.00DKK
Spread / Average Target
+13.61%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Genmab A/S