Novo Nordisk A/S Class B

Novo Nordisk A/S Class B

32.41
CHF
-0.12
(-0.37%)
3.23EPS
12.00P/E
171.97BMarket Cap
Nov 04Next Earn

Total Valuation

CHF

As of June 30, 2026, Novo Nordisk A/S Class B carries a market capitalization of 171.97B, placing it among publicly traded companies globally. Its enterprise value stands at 183.72B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap171.97B
Enterprise Value183.72B

Important Dates

Novo Nordisk A/S Class B's next confirmed earnings release is scheduled for November 4, 2026.

Earnings Date11/4/2026

Share Statistics

As of June 30, 2026, Novo Nordisk A/S Class B has 4.42B shares outstanding.

Shares Outstanding4.42B

Valuation Ratios

As of June 30, 2026, Novo Nordisk A/S Class B trades at a trailing price-to-earnings ratio of 12.00. The price-to-sales ratio is 4.24, and the price-to-book ratio stands at 6.29.

PE Ratio12.00
PS Ratio4.24
PB Ratio6.29
P/TBV Ratio14.04
P/FCF Ratio29.27
P/OCF Ratio10.59

Enterprise Valuation

As of June 30, 2026, Novo Nordisk A/S Class B trades at an EV/EBITDA multiple of 9.19 - 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 4.52 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 10.47 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Novo Nordisk A/S Class B trades at an EV/FCF ratio of 30.83, 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 183.72B versus a market cap of 171.97B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.52
EV / EBITDA9.19
EV / EBIT10.47
EV / FCF30.83

Financial Position

As of June 30, 2026, Novo Nordisk A/S Class B maintains a current ratio of 0.87, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 63.33, indicating elevated leverage, while an interest coverage ratio of 273.09 demonstrates strong ability to service its debt obligations.

Current Ratio0.87
Quick Ratio0.64
Debt / Equity63.33
Debt / EBITDA0.87
Interest Coverage273.09

Financial Efficiency

CHF

Over the twelve months ended June 30, 2026, Novo Nordisk A/S Class B posted a return on equity (ROE) of 59.82, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 33.40 - 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 21.62, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 37.19, useful for judging operating efficiency across full business cycles. The company generates approximately 575,650.06 in revenue per employee across its workforce of 70,671.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.31 indicates how many times Novo Nordisk A/S Class B sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)59.82
Return on Assets (ROA)21.62
Return on Invested Capital (ROIC)33.40
Return on Capital Employed (ROCE)37.19
Revenue Per Employee575,650.06
Employee Count70,671.00
Inventory Turnover1.31

Taxes

CHF

Over the twelve months ended June 30, 2026, Novo Nordisk A/S Class B recorded 3.99B in income tax expense. That works out to an effective tax rate of 21.72, 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 18.37B, leaving 14.38B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax3.99B
Effective Tax Rate21.72

Stock Price Statistics

CHF

As of the close on October 22, 2026, Novo Nordisk A/S Class B's stock has declined approximately 23.63% over the past 52 weeks. The 50-day moving average sits at 34.46, while the 200-day moving average is 35.87.

52-Week Price Change-23.63%
50-Day Moving Average34.46
200-Day Moving Average35.87

Income Statement

CHF

Over the twelve months ended June 30, 2026, Novo Nordisk A/S Class B generated 40.68B in revenue and converted that into 14.38B in net income, yielding earnings per share of 3.23. EBITDA reached 20.00B, while operating income came in at 17.55B.

Revenue40.68B
Gross Profit32.81B
Operating Income17.55B
Pretax Income18.37B
Net Income14.38B
EBITDA20.00B
EBIT17.55B
Earnings Per Share (EPS)3.23

Balance Sheet

CHF

As of June 30, 2026, Novo Nordisk A/S Class B holds 5.55B in cash and equivalents against 17.30B in total debt, resulting in a net debt position of 11.81B. Total book value stands at 27.33B, with working capital of -3.75B providing operational flexibility.

Cash & Cash Equivalents5.55B
Total Debt17.30B
Net Debt11.81B
Equity (Book Value)27.33B
Book Value Per Share6.18
Working Capital-3.75B

Cash Flow

CHF

Novo Nordisk A/S Class B produced 16.29B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -10.38B in capital expenditures, free cash flow totaled 5.90B - equivalent to 1.33 per share.

Operating Cash Flow16.29B
Capital Expenditures-10.38B
Free Cash Flow5.90B
FCF Per Share1.33

Margins

Over the twelve months ended June 30, 2026, Novo Nordisk A/S Class B posted a gross margin of 80.65, reflecting its pricing power and cost economics. The operating margin of 43.13 and net profit margin of 35.35 provide insight into operational efficiency.

Gross Margin80.65
Operating Margin43.13
Pretax Margin45.15
Profit Margin35.35
EBITDA Margin49.16

Dividends & Yields

CHF

Over the twelve months ended June 30, 2026, Novo Nordisk A/S Class B paid dividends of 1.45 per share. The dividend payout ratio of 44.64 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 3.42, 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 1.60, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Novo Nordisk A/S Class B shareholders.

Dividend Per Share1.45
Payout Ratio44.64
Shareholder Yield1.60
FCF Yield3.42

Stock Splits

Novo Nordisk A/S Class B's most recent stock split took place on September 14, 2023 with a 1:2 split ratio.

Last Split Date9/14/2023
Split Ratio1:2

Scores

As of June 30, 2026, Novo Nordisk A/S Class B has an Altman Z-Score of 4.51, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.51