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 99,396 - -
Change - 11.72% -26.77% -32.65% 31.7% -20.4% - -
Enterprise Value (EV) 1 152,725 169,905 112,635 73,709 114,029 118,889 111,869 100,039
Change - 11.25% -33.71% -34.56% 54.7% 4.26% -5.9% -10.57%
P/E Ratio 57.8x 35.2x 32.6x 12.3x 20.9x 21.4x 14.9x 9.85x
PBR 7.82x 7.07x 4.5x 2.68x 3.47x 2.44x 2.09x 1.73x
PEG - 0.4x -1.5x 0.1x -1x -1x 0.3x 0.2x
Capitalization / Revenue 20.3x 13.2x 8.54x 4.4x 5.31x 3.6x 3.07x 2.54x
EV / Revenue 18x 11.6x 6.84x 3.42x 4.85x 4.3x 3.45x 2.55x
EV / EBITDA 46.8x 25.3x 20.1x 10.4x 15.9x 14.2x 9.87x 6.15x
EV / EBIT 50.6x 26.7x 21.2x 10.5x 17x 15.9x 11.7x 7.26x
EV / FCF 77.3x 47.3x 16.1x 9.72x 15.7x 19.3x 12x 6.45x
FCF Yield 1.29% 2.12% 6.23% 10.3% 6.36% 5.18% 8.36% 15.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 45.54 83.65 66.02 121.4 97.08 75.51 108.5 164.4
Distribution rate - - - - - - - -
Net sales 1 8,482 14,595 16,474 21,526 23,497 27,645 32,414 39,181
EBITDA 1 3,266 6,719 5,616 7,116 7,175 8,356 11,330 16,269
EBIT 1 3,018 6,357 5,321 7,003 6,727 7,498 9,584 13,775
Net income 1 3,008 5,522 4,352 7,844 6,083 4,712 7,019 10,551
Net Debt 1 -19,338 -22,324 -28,135 -21,101 -10,833 19,493 12,473 643.5
Reference price 2 2,630.00 2,941.00 2,155.00 1,492.50 2,027.00 1,619.00 1,619.00 1,619.00
Nbr of stocks (in thousands) 65,423 65,362 65,322 63,524 61,599 61,393 - -
Announcement Date 2/16/22 A 2/22/23 A 2/14/24 A 2/12/25 A 2/17/26 A - - -
1DKK in Million2DKK
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.17x8.64x26.13x0.05% 56.42B
16.69x5.03x10.91x1.8% 44.54B
-17.8x4.17x-7.3x-.--% 22.9B
-36.36x12.23x-35.67x-.--% 21.21B
20.25x3.95x10.26x-.--% 16.4B
16.8x4.85x11.36x-.--% 13.35B
-433.48x29.5x-3289.39x-.--% 12.36B
36.9x14.16x41.61x0.18% 11.15B
-69.99x7.06x-63.29x-.--% 11.08B
Average -48.20x 9.96x -366.15x 0.23% 23.27B
Weighted average by Cap. -17.80x 8.58x -188.74x 0.41%

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

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