Novo Nordisk A/S Class B

Novo Nordisk A/S Class B

27.79
BRL
+0.39
(+1.42%)
2.52EPS
9.74P/E
862.87BMarket Cap
Feb 03Next Earn

Total Valuation

BRL

As of September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B carries a market capitalization of 862.87B, placing it among publicly traded companies globally. Its enterprise value stands at 932.12B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap862.87B
Enterprise Value932.12B

Important Dates

Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B's next confirmed earnings release is scheduled for February 3, 2027.

Earnings Date2/3/2027

Share Statistics

As of September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B has 35.10B shares outstanding.

Shares Outstanding35.10B

Valuation Ratios

As of September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B trades at a trailing price-to-earnings ratio of 9.74. The price-to-sales ratio is 3.30, and the price-to-book ratio stands at 5.04.

PE Ratio9.74
PS Ratio3.30
PB Ratio5.04
P/TBV Ratio10.36
P/FCF Ratio24.55
P/OCF Ratio8.65

Enterprise Valuation

As of September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B trades at an EV/EBITDA multiple of 7.07 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.56 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 8.39 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B trades at an EV/FCF ratio of 25.42, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 932.12B versus a market cap of 862.87B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.56
EV / EBITDA7.07
EV / EBIT8.39
EV / FCF25.42

Financial Position

As of September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B maintains a current ratio of 0.84, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 61.74, indicating elevated leverage, while an interest coverage ratio of 77.37 demonstrates strong ability to service its debt obligations.

Current Ratio0.84
Quick Ratio0.63
Debt / Equity61.74
Debt / EBITDA0.80
Interest Coverage77.37

Financial Efficiency

BRL

Over the twelve months ended September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B posted a return on equity (ROE) of 58.38, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 32.87 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 20.37, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 36.85, useful for judging operating efficiency across full business cycles. The company generates approximately 3.81M in revenue per employee across its workforce of 68,794.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.30 indicates how many times Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)58.38
Return on Assets (ROA)20.37
Return on Invested Capital (ROIC)32.87
Return on Capital Employed (ROCE)36.85
Revenue Per Employee3.81M
Employee Count68,794.00
Inventory Turnover1.30

Taxes

BRL

Over the twelve months ended September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B recorded 24.74B in income tax expense. That works out to an effective tax rate of 21.77, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 113.66B, leaving 88.92B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax24.74B
Effective Tax Rate21.77

Stock Price Statistics

BRL

As of the close on November 6, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B's stock has declined approximately 9.98% over the past 52 weeks. The 50-day moving average sits at 26.44, while the 200-day moving average is 28.31.

52-Week Price Change-9.98%
50-Day Moving Average26.44
200-Day Moving Average28.31

Income Statement

BRL

Over the twelve months ended September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B generated 262.15B in revenue and converted that into 88.92B in net income, yielding earnings per share of 2.52. EBITDA reached 131.91B, while operating income came in at 111.12B.

Revenue262.15B
Gross Profit211.80B
Operating Income111.12B
Pretax Income113.66B
Net Income88.92B
EBITDA131.91B
EBIT111.12B
Earnings Per Share (EPS)2.52

Balance Sheet

BRL

As of September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B holds 36.42B in cash and equivalents against 105.66B in total debt, resulting in a net debt position of 70.97B. Total book value stands at 171.13B, with working capital of -30.39B providing operational flexibility.

Cash & Cash Equivalents36.42B
Total Debt105.66B
Net Debt70.97B
Equity (Book Value)171.13B
Book Value Per Share4.87
Working Capital-30.39B

Cash Flow

BRL

Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B produced 100.04B in operating cash flow over the twelve months ended September 30, 2026. After subtracting -64.71B in capital expenditures, free cash flow totaled 35.33B - equivalent to 1.00 per share.

Operating Cash Flow100.04B
Capital Expenditures-64.71B
Free Cash Flow35.33B
FCF Per Share1.00

Margins

Over the twelve months ended September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B posted a gross margin of 80.79, reflecting its pricing power and cost economics. The operating margin of 42.39 and net profit margin of 33.92 provide insight into operational efficiency.

Gross Margin80.79
Operating Margin42.39
Pretax Margin43.36
Profit Margin33.92
EBITDA Margin50.32

Dividends & Yields

BRL

Over the twelve months ended September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B paid dividends of 1.16 per share. The dividend payout ratio of 45.85 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 4.07, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 2.90, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B shareholders.

Dividend Per Share1.16
Payout Ratio45.85
Shareholder Yield2.90
FCF Yield4.07

Stock Splits

Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B's most recent stock split took place on September 20, 2023 with a 1:2 split ratio.

Last Split Date9/20/2023
Split Ratio1:2

Scores

As of September 30, 2026, Novo Nordisk A/S ADR B Unsponsored Brazilian Depositary Receipt Repr 0.125 ADR B has an Altman Z-Score of 3.91, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.91