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 94,810 124,862 121,612 - -
Change - 11.72% -26.77% -32.65% 31.7% -2.6% - -
Enterprise Value (EV) 1 152,725 169,905 112,635 73,709 114,029 141,232 132,741 120,035
Change - 11.25% -33.71% -34.56% 54.7% 23.86% -6.01% -9.57%
P/E 57.8x 35.2x 32.6x 12.3x 20.9x 25.7x 18.1x 12.1x
PBR 7.82x 7.07x 4.5x 2.68x 3.47x 3.07x 2.6x 2.16x
PEG - 0.4x -1.5x 0.1x -1x -1.4x 0.4x 0.2x
Capitalization / Revenue 20.3x 13.2x 8.54x 4.4x 5.31x 4.19x 3.61x 2.99x
EV / Revenue 18x 11.6x 6.84x 3.42x 4.85x 4.87x 3.94x 2.95x
EV / EBITDA 46.8x 25.3x 20.1x 10.4x 15.9x 16.3x 10.9x 7.1x
EV / EBIT 50.6x 26.7x 21.2x 10.5x 17x 18.4x 13.1x 8.42x
EV / FCF 77.3x 47.3x 16.1x 9.72x 15.7x 26.3x 15.3x 8.46x
FCF Yield 1.29% 2.12% 6.23% 10.3% 6.36% 3.81% 6.54% 11.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 45.54 83.65 66.02 121.4 97.08 79.2 112.7 168.2
Distribution rate - - - - - - - -
Net sales 1 8,482 14,595 16,474 21,526 23,497 29,011 33,710 40,668
EBITDA 1 3,266 6,719 5,616 7,116 7,175 8,645 12,169 16,907
EBIT 1 3,018 6,357 5,321 7,003 6,727 7,687 10,139 14,248
Net income 1 3,008 5,522 4,352 7,844 6,083 4,941 7,173 10,682
Net Debt 1 -19,338 -22,324 -28,135 -21,101 -10,833 19,620 11,129 -1,577
Reference price 2 2,630.00 2,941.00 2,155.00 1,492.50 2,027.00 2,037.00 2,037.00 2,037.00
Nbr of stocks (in thousands) 65,423 65,362 65,322 63,524 61,599 59,702 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.94x7.34x14.96x1.38% 70.1B
31.3x7.97x24.33x0.05% 54.93B
-86.53x15.66x-79.82x-.--% 28.89B
30.32x5.94x15.72x-.--% 23.9B
-14.59x5.14x-6.7x-.--% 23.3B
55.29x22.62x58.25x0.07% 18.41B
25.72x4.87x16.34x-.--% 18.77B
-1224.8x38.27x-15166.74x-.--% 16.1B
15.63x4.6x10.74x-.--% 12.48B
Average -127.41x 12.49x -1,679.21x 0.17% 29.65B
Weighted average by Cap. -63.51x 10.67x -908.05x 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