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 94,810 124,862 114,714 - -
Change - 11.72% -26.77% -32.65% 31.7% -8.13% - -
Enterprise Value (EV) 1 152,725 169,905 112,635 73,709 114,029 134,236 127,200 115,347
Change - 11.25% -33.71% -34.56% 54.7% 17.72% -5.24% -9.32%
P/E 57.8x 35.2x 32.6x 12.3x 20.9x 24.5x 17.2x 11.3x
PBR 7.82x 7.07x 4.5x 2.68x 3.47x 2.81x 2.41x 2x
PEG - 0.4x -1.5x 0.1x -1x -1.1x 0.4x 0.2x
Capitalization / Revenue 20.3x 13.2x 8.54x 4.4x 5.31x 4.14x 3.53x 2.92x
EV / Revenue 18x 11.6x 6.84x 3.42x 4.85x 4.84x 3.92x 2.94x
EV / EBITDA 46.8x 25.3x 20.1x 10.4x 15.9x 16x 11.2x 7.08x
EV / EBIT 50.6x 26.7x 21.2x 10.5x 17x 18x 13.3x 8.36x
EV / FCF 77.3x 47.3x 16.1x 9.72x 15.7x 21.8x 13.6x 7.44x
FCF Yield 1.29% 2.12% 6.23% 10.3% 6.36% 4.58% 7.36% 13.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 45.54 83.65 66.02 121.4 97.08 76.26 108.7 164.7
Distribution rate - - - - - - - -
Net sales 1 8,482 14,595 16,474 21,526 23,497 27,732 32,453 39,246
EBITDA 1 3,266 6,719 5,616 7,116 7,175 8,367 11,343 16,295
EBIT 1 3,018 6,357 5,321 7,003 6,727 7,451 9,598 13,798
Net income 1 3,008 5,522 4,352 7,844 6,083 4,763 7,030 10,572
Net Debt 1 -19,338 -22,324 -28,135 -21,101 -10,833 19,522 12,487 633.6
Reference price 2 2,630.00 2,941.00 2,155.00 1,492.50 2,027.00 1,868.50 1,868.50 1,868.50
Nbr of stocks (in thousands) 65,423 65,362 65,322 63,524 61,599 61,393 - -
Announcement Date 2/16/22 2/22/23 2/14/24 2/12/25 2/17/26 - - -
1DKK in Million2DKK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.79x9x27.97x0.05% 58.73B
20.24x6.22x13.5x1.49% 53.92B
-19.35x4.94x-8.63x-.--% 24.67B
-42.26x14x-40.82x-.--% 24.19B
23.43x4.62x11.99x-.--% 18.8B
48.53x19.97x52.67x0.06% 16.25B
17.56x5.1x11.91x-.--% 14.04B
-488.19x33.47x-3731.69x-.--% 13.9B
-75.74x7.79x-69.83x-.--% 12.18B
Average -53.33x 11.68x -414.77x 0.18% 26.3B
Weighted average by Cap. -19.18x 10.00x -212.58x 0.36%

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