Genmab A/S (GMAB) Valuation — DCF, Graham & Comparables

Genmab A/S (GMAB) — Price $55.52 (closing price, November 3, 2026) — Healthcare — Biotechnology — NASDAQ

Latest reported results:

Valuation dashboard for Genmab A/S (GMAB) with P/E 43.75, P/B 5.77, EV/EBITDA 27.2 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Healthcare companies.

Genmab A/S, a biopharmaceutical company founded in 1999 and headquartered in Copenhagen, Denmark, specializes in the discovery and development of innovative antibody therapies primarily for treating cancer and various other serious illnesses.

Analysis Summary

Genmab A/S reported revenue of $3.72B in the most recent fiscal year, growing at a 5-year CAGR of -18.1%. Net income reached $963.8M, with a -27.3% 5-year CAGR.

Trailing-twelve-month margins: gross margin 39.9%, operating margin 13.8%, net margin 8.2%.

At $55.52 (closing price, November 3, 2026), GMAB trades at a P/E of 43.75 and an ROE of 13.58%. Market capitalisation stands at $34.1B, placing it among large-cap names.

Balance sheet quality for GMAB: debt-to-equity ratio of 0.89, current ratio of 2.46 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio43.75
Price / Book5.77
EV / EBITDA27.2
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
GMABGenmab A/S$34.1B43.755.7713.6%
BNTXBioNTech SE$21.8B1.13-9.2%
INCYIncyte Corporation$24.0B62.554.247.1%
EXELExelixis, Inc.$18.2B21.659.7345.5%
LEGNLegend Biotech Corporation$4.0B3.27-8.7%
IOVAIovance Biotherapeutics, Inc.$4.0B5.40-40.5%
RCUSArcus Biosciences, Inc.$2.4B5.24-88.0%

Price

Price$55.52 (closing price, November 3, 2026)
Market Cap$34.1B
ExchangeNASDAQ
CountryDK

Profitability

Return on Equity13.58%
Return on Invested Capital9.91%
Return on Assets6.30%
Gross Margin39.92%
Operating Margin13.81%
Net Margin8.17%

Related companies: BNTX · INCY · EXEL · LEGN · IOVA · RCUS

Explore sector: Healthcare · Biotechnology

More sections of GMAB: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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