Market Closed -
Nasdaq Copenhagen
10:59:48 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
1,164
DKK
|
+0.95%
|
|
-4.12%
|
+17.40%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
15,008
|
16,101
|
24,967
|
25,538
|
25,968
|
30,658
|
-
|
-
|
Enterprise Value (EV)
1 |
15,008
|
16,101
|
24,967
|
25,538
|
25,968
|
30,658
|
30,658
|
30,658
|
P/E ratio
|
15.3
x
|
17.3
x
|
20.5
x
|
17.8
x
|
12.2
x
|
13
x
|
12.7
x
|
12
x
|
Yield
|
2.14%
|
1.26%
|
0.8%
|
0.74%
|
1.01%
|
1.12%
|
1.16%
|
1.03%
|
Capitalization / Revenue
|
7.09
x
|
7.39
x
|
10.3
x
|
8.92
x
|
6.78
x
|
7.48
x
|
7.44
x
|
7.24
x
|
EV / Revenue
|
7.09
x
|
7.39
x
|
10.3
x
|
8.92
x
|
6.78
x
|
7.48
x
|
7.44
x
|
7.24
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
1.97
x
|
1.98
x
|
2.86
x
|
2.81
x
|
2.54
x
|
2.63
x
|
2.5
x
|
2.29
x
|
Nbr of stocks (in thousands)
|
29,198
|
29,063
|
28,437
|
26,939
|
26,190
|
26,339
|
-
|
-
|
Reference price
2 |
514.0
|
554.0
|
878.0
|
948.0
|
991.5
|
1,164
|
1,164
|
1,164
|
Announcement Date
|
2/5/20
|
2/3/21
|
2/2/22
|
2/1/23
|
1/31/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,116
|
2,179
|
2,433
|
2,862
|
3,828
|
4,097
|
4,122
|
4,232
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
1,311
|
1,391
|
1,616
|
1,971
|
2,865
|
3,065
|
2,995
|
2,964
|
Operating Margin
|
61.96%
|
63.84%
|
66.42%
|
68.87%
|
74.85%
|
74.81%
|
72.66%
|
70.04%
|
Earnings before Tax (EBT)
1 |
1,245
|
1,144
|
1,538
|
1,880
|
2,837
|
3,038
|
2,955
|
3,007
|
Net income
1 |
978.3
|
919.7
|
1,229
|
1,495
|
2,155
|
2,308
|
2,216
|
2,256
|
Net margin
|
46.23%
|
42.21%
|
50.52%
|
52.23%
|
56.31%
|
56.33%
|
53.77%
|
53.31%
|
EPS
2 |
33.50
|
32.00
|
42.76
|
53.40
|
81.00
|
89.84
|
91.33
|
96.69
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
11.00
|
7.000
|
7.000
|
7.000
|
10.00
|
13.00
|
13.50
|
12.00
|
Announcement Date
|
2/5/20
|
2/3/21
|
2/2/22
|
2/1/23
|
1/31/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
651
|
674
|
684
|
704
|
799
|
849
|
947
|
989
|
1,043
|
1,040
|
1,020
|
1,015
|
1,023
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
434
|
464
|
458
|
486
|
563
|
622
|
703
|
752
|
788
|
793
|
761
|
762
|
749
|
Operating Margin
|
66.67%
|
68.84%
|
66.96%
|
69.03%
|
70.46%
|
73.26%
|
74.23%
|
76.04%
|
75.55%
|
76.25%
|
74.61%
|
75.07%
|
73.22%
|
Earnings before Tax (EBT)
1 |
433
|
449
|
442
|
420
|
569
|
595
|
691
|
738.6
|
812
|
811
|
757
|
746
|
724
|
Net income
1 |
354
|
358.9
|
348
|
329
|
459
|
455
|
525
|
560.7
|
614
|
616
|
567
|
560
|
543
|
Net margin
|
54.38%
|
53.25%
|
50.88%
|
46.73%
|
57.45%
|
53.59%
|
55.44%
|
56.7%
|
58.87%
|
59.23%
|
55.59%
|
55.17%
|
53.08%
|
EPS
2 |
4.261
|
12.70
|
12.60
|
12.00
|
16.52
|
16.70
|
18.60
|
20.40
|
25.30
|
23.30
|
20.60
|
20.40
|
19.80
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/2/22
|
4/27/22
|
8/3/22
|
10/26/22
|
2/1/23
|
4/26/23
|
8/2/23
|
10/25/23
|
1/31/24
|
4/24/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
13.2%
|
11.7%
|
14.6%
|
16.6%
|
21.8%
|
21.7%
|
20.1%
|
19.1%
|
ROA (Net income/ Total Assets)
|
1.8%
|
1.7%
|
2.13%
|
2.2%
|
2.9%
|
3.12%
|
2.93%
|
2.99%
|
Assets
1 |
54,348
|
54,101
|
57,609
|
67,950
|
74,318
|
74,089
|
75,587
|
75,551
|
Book Value Per Share
2 |
260.0
|
280.0
|
307.0
|
337.0
|
391.0
|
442.0
|
466.0
|
507.0
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/5/20
|
2/3/21
|
2/2/22
|
2/1/23
|
1/31/24
|
-
|
-
|
-
|
Last Close Price
1,164
DKK Average target price
1,300
DKK Spread / Average Target +11.68% Consensus |
1st Jan change
|
Capi.
|
---|
| +17.40% | 4.39B | | +16.61% | 210B | | +2.39% | 73.14B | | +7.99% | 54.82B | | +1.36% | 47.1B | | +13.25% | 47B | | +19.29% | 44.81B | | +10.93% | 36.6B | | -16.21% | 35.14B | | -96.60% | 32.24B |
Commercial Banks
|