Company Valuation: Lundbeck

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 25,433 31,719 39,416 41,398 53,167 - -
Change - 24.72% 24.27% 5.03% 28.43% - -
Enterprise Value (EV) 1 27,464 31,008 51,598 49,619 57,098 52,949 49,145
Change - 12.91% 66.4% -3.84% 15.07% -7.27% -7.18%
P/E 13.5x 14.2x 13x 13.4x 11.8x 11.7x 12.7x
PBR 1.24x 1.47x 1.64x 1.72x 1.89x 1.7x 1.56x
PEG - 0.7x 0.3x 8.5x 0.3x 10.23x -1.56x
Capitalization / Revenue 1.39x 1.59x 1.79x 1.68x 2.05x 2.02x 2.08x
EV / Revenue 1.51x 1.56x 2.34x 2.01x 2.2x 2.01x 1.92x
EV / EBITDA 5.89x 5.49x 8.13x 6.3x 6.94x 6.44x 6.42x
EV / EBIT 9.63x 9.71x 15.8x 9.41x 9.31x 8.4x 8.47x
EV / FCF 10.2x 8.66x 18.7x 10.2x 9.67x 8.64x 8.79x
FCF Yield 9.83% 11.5% 5.35% 9.8% 10.3% 11.6% 11.4%
Dividend per Share 2 0.58 0.7 0.95 1.15 1.57 1.385 1.476
Rate of return 2.23% 2.14% 2.3% 2.66% 2.88% 2.54% 2.71%
EPS 2 1.93 2.31 3.17 3.22 4.611 4.664 4.285
Distribution rate 30.1% 30.3% 30% 35.7% 34.1% 29.7% 34.4%
Net sales 1 18,246 19,912 22,004 24,630 25,997 26,287 25,587
EBITDA 1 4,663 5,652 6,347 7,881 8,230 8,226 7,653
EBIT 1 2,852 3,195 3,270 5,275 6,132 6,300 5,805
Net income 1 1,916 2,290 3,143 3,192 4,620 4,670 4,313
Net Debt 1 2,031 -711 12,182 8,221 3,931 -218 -4,021
Reference price 2 26.05 32.76 41.32 43.16 54.55 54.55 54.55
Nbr of stocks (in thousands) 992,840 992,840 992,011 991,227 991,227 - -
Announcement Date 2/7/23 2/7/24 2/5/25 2/4/26 - - -
1DKK in Million2DKK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
41.54x14.06x31.11x0.48% 1,263B
39.99x6.71x18.89x1.95% 658B
38.61x8.62x17.83x2.33% 521B
21.74x5.27x13.12x2.48% 391B
109.15x6.06x25.73x2.28% 369B
23.19x5.97x14.41x2.71% 307B
24.47x4.9x13.63x1.77% 290B
29.56x7.53x13.48x2.16% 252B
-49.1x7.47x29.35x1.93% 212B
Average 31.02x 7.40x 19.73x 2.01% 473.55B
Weighted average by Cap. 37.29x 8.84x 21.96x 1.69%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lundbeck

Historical PBR trend

Valuation ratios - PBR - Lundbeck

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lundbeck

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lundbeck


Year-on-year evolution of the Yield

Valuation ratios - Yield - Lundbeck