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 45,127 - -
Change - 24.72% 24.27% 5.03% 9.01% - -
Enterprise Value (EV) 1 27,464 31,008 51,598 49,619 49,130 44,946 41,174
Change - 12.91% 66.4% -3.84% -0.98% -8.52% -8.39%
P/E 13.5x 14.2x 13x 13.4x 10.2x 9.93x 10.5x
PBR 1.24x 1.47x 1.64x 1.72x 1.6x 1.44x 1.31x
PEG - 0.7x 0.3x 8.5x 0.3x 4.1x -1.98x
Capitalization / Revenue 1.39x 1.59x 1.79x 1.68x 1.75x 1.73x 1.77x
EV / Revenue 1.51x 1.56x 2.34x 2.01x 1.9x 1.72x 1.61x
EV / EBITDA 5.89x 5.49x 8.13x 6.3x 6.02x 5.43x 5.29x
EV / EBIT 9.63x 9.71x 15.8x 9.41x 8.03x 7.2x 7x
EV / FCF 10.2x 8.66x 18.7x 10.2x 8.38x 7.4x 7.37x
FCF Yield 9.83% 11.5% 5.35% 9.8% 11.9% 13.5% 13.6%
Dividend per Share 2 0.58 0.7 0.95 1.15 1.552 1.398 1.517
Rate of return 2.23% 2.14% 2.3% 2.66% 3.38% 3.04% 3.3%
EPS 2 1.93 2.31 3.17 3.22 4.519 4.628 4.383
Distribution rate 30.1% 30.3% 30% 35.7% 34.3% 30.2% 34.6%
Net sales 1 18,246 19,912 22,004 24,630 25,860 26,092 25,496
EBITDA 1 4,663 5,652 6,347 7,881 8,156 8,271 7,789
EBIT 1 2,852 3,195 3,270 5,275 6,117 6,243 5,883
Net income 1 1,916 2,290 3,143 3,192 4,567 4,619 4,293
Net Debt 1 2,031 -711 12,182 8,221 4,003 -181.8 -3,953
Reference price 2 26.05 32.76 41.32 43.16 45.96 45.96 45.96
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
33.55x12.18x25.21x0.58% 1,051B
29.08x6.43x18.37x2.04% 630B
35.19x8.13x16.76x2.51% 489B
105.8x5.93x25.27x2.34% 359B
19.31x4.72x11.72x2.8% 344B
20.06x5.27x12.98x3.02% 272B
20.57x4.22x12.06x2.1% 246B
26.34x6.83x12.21x2.43% 224B
-45.84x6.75x26.31x2.18% 187B
Average 27.12x 6.72x 17.88x 2.22% 422.63B
Weighted average by Cap. 32.41x 7.85x 19.34x 1.9%

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