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 44,136 - -
Change - 24.72% 24.27% 5.03% 6.62% - -
Enterprise Value (EV) 1 27,464 31,008 51,598 49,619 48,139 43,955 40,183
Change - 12.91% 66.4% -3.84% -2.98% -8.69% -8.58%
P/E 13.5x 14.2x 13x 13.4x 9.93x 9.69x 10.2x
PBR 1.24x 1.47x 1.64x 1.72x 1.56x 1.4x 1.28x
PEG - 0.7x 0.3x 8.5x 0.2x 4x -1.92x
Capitalization / Revenue 1.39x 1.59x 1.79x 1.68x 1.71x 1.69x 1.73x
EV / Revenue 1.51x 1.56x 2.34x 2.01x 1.86x 1.68x 1.57x
EV / EBITDA 5.89x 5.49x 8.13x 6.3x 5.9x 5.31x 5.16x
EV / EBIT 9.63x 9.71x 15.8x 9.41x 7.87x 7.04x 6.83x
EV / FCF 10.2x 8.66x 18.7x 10.2x 8.21x 7.23x 7.19x
FCF Yield 9.83% 11.5% 5.35% 9.8% 12.2% 13.8% 13.9%
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% 3.46% 3.12% 3.38%
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 25,871 26,102 25,543
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 44.86 44.86 44.86
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.($)
32.46x11.79x23.8x0.61% 1,019B
28.13x6.24x17.86x2.11% 610B
33.64x7.86x16.24x2.61% 470B
101.52x5.7x24.22x2.45% 344B
18.95x4.61x11.45x2.87% 336B
19.74x5.16x12.75x3.1% 266B
19.84x4.13x11.77x2.15% 241B
25.45x6.66x11.86x2.5% 218B
-43.74x6.39x24.95x2.28% 179B
Average 26.22x 6.50x 17.21x 2.3% 409.2B
Weighted average by Cap. 31.25x 7.60x 18.53x 1.96%

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