Market Cap
kr.151.7b
Last Updated
2020/11/28 18:12 UTC
Data Sources
Company Financials +
Executive Summary
Genmab A/S, a biotechnology company, develops antibody therapeutics for the treatment of cancer primarily in Denmark. More Details
Rewards
PE ratio (26.7x) is below the Biotechs industry average (42.1x)
Risk Analysis
No risks detected for GMAB from our risk checks.
Snowflake Analysis
Outstanding track record with flawless balance sheet.
Similar Companies
Share Price & News
How has Genmab's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GMAB is not significantly more volatile than the rest of Danish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GMAB's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
GMAB
1.2%
DK Biotechs
-0.3%
DK Market
1 Year Return
46.8%
GMAB
40.1%
DK Biotechs
24.7%
DK Market
Return vs Industry: GMAB exceeded the Danish Biotechs industry which returned 40.1% over the past year.
Return vs Market: GMAB exceeded the Danish Market which returned 24.7% over the past year.
Shareholder returns
| GMAB | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 1.2% | -0.3% |
| 30 Day | 5.9% | 8.7% | 8.1% |
| 90 Day | -0.4% | -1.6% | 8.2% |
| 1 Year | 46.8%46.8% | 42.7%40.1% | 27.1%24.7% |
| 3 Year | 91.3%91.3% | 80.4%75.0% | 50.3%38.6% |
| 5 Year | 150.4%150.4% | 47.8%43.1% | 52.7%33.2% |
Long-Term Price Volatility Vs. Market
How volatile is Genmab's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Introducing Genmab (CPH:GMAB), The Stock That Zoomed 160% In The Last Five Years3 weeks ago | Simply Wall St
Genmab A/S Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions3 weeks ago | Simply Wall St
Here's Why I Think Genmab (CPH:GMAB) Is An Interesting StockValuation
Is Genmab undervalued compared to its fair value and its price relative to the market?
26.71x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GMAB (DKK2319) is trading above our estimate of fair value (DKK2113.97)
Significantly Below Fair Value: GMAB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GMAB is good value based on its PE Ratio (26.7x) compared to the XE Biotechs industry average (42.1x).
PE vs Market: GMAB is poor value based on its PE Ratio (26.7x) compared to the Danish market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: GMAB is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: GMAB is overvalued based on its PB Ratio (8.2x) compared to the DK Biotechs industry average (5.9x).
Next Steps
Future Growth
How is Genmab forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
11.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GMAB's forecast earnings growth (11.9% per year) is above the savings rate (0.3%).
Earnings vs Market: GMAB's earnings (11.9% per year) are forecast to grow faster than the Danish market (11.5% per year).
High Growth Earnings: GMAB's earnings are forecast to grow, but not significantly.
Revenue vs Market: GMAB's revenue (15% per year) is forecast to grow faster than the Danish market (6.4% per year).
High Growth Revenue: GMAB's revenue (15% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GMAB's Return on Equity is forecast to be low in 3 years time (18.4%).
Next Steps
Past Performance
How has Genmab performed over the past 5 years?
40.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GMAB has high quality earnings.
Growing Profit Margin: GMAB's current net profit margins (51.2%) are higher than last year (41.9%).
Past Earnings Growth Analysis
Earnings Trend: GMAB's earnings have grown significantly by 40.3% per year over the past 5 years.
Accelerating Growth: GMAB's earnings growth over the past year (268.1%) exceeds its 5-year average (40.3% per year).
Earnings vs Industry: GMAB earnings growth over the past year (268.1%) exceeded the Biotechs industry 11.2%.
Return on Equity
High ROE: GMAB's Return on Equity (30.6%) is considered high.
Next Steps
Financial Health
How is Genmab's financial position?
Financial Position Analysis
Short Term Liabilities: GMAB's short term assets (DKK19.5B) exceed its short term liabilities (DKK2.3B).
Long Term Liabilities: GMAB's short term assets (DKK19.5B) exceed its long term liabilities (DKK787.0M).
Debt to Equity History and Analysis
Debt Level: GMAB is debt free.
Reducing Debt: GMAB has not had any debt for past 5 years.
Debt Coverage: GMAB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GMAB has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Genmab current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GMAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GMAB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GMAB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GMAB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GMAB's dividend in 3 years as they are not forecast to pay a notable one for the Danish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Jan G. van de Winkel (59 yo)
10.42yrs
Tenure
kr.35,200,000
Compensation
Dr. Jan G. J. van de Winkel, Ph.D., serves as a Member of Advisory board at Thuja Capital Management B.V. Dr. van de Winkel served as a Member of Scientific Advisory Board. He is a Co-Founder of Genmab A/S...
CEO Compensation Analysis
Compensation vs Market: Jan G.'s total compensation ($USD5.66M) is above average for companies of similar size in the Danish market ($USD3.34M).
Compensation vs Earnings: Jan G.'s compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 10.42yrs | kr.35.20m | 1.03% DKK 1.6b | |
| Associate Director of Legal & Non-Independent Director | 4.83yrs | kr.800.00k | 0.00046% DKK 697.8k | |
| Executive VP & Chief Development Officer | 3.75yrs | kr.17.00m | 0.0021% DKK 3.2m | |
| Director of Protein Production & Chemistry and Non-Independent Director | 1.67yrs | kr.300.00k | 0.000050% DKK 75.8k | |
| VP, Corporate Controller & Non-Independent Director | 4.83yrs | kr.800.00k | 0.0016% DKK 2.5m | |
| Executive VP & CFO | 0.67yr | no data | 0.0013% DKK 2.0m | |
| Executive VP & COO | 0.67yr | no data | no data | |
| Senior Director of Finance & Accounting | no data | no data | no data | |
| Head and Corporate VP of Communications & Investor Relations | 1.67yrs | no data | no data | |
| Senior Vice President of IPR & Legal | 10.83yrs | no data | no data | |
| Senior VP & Chief of Staff | no data | no data | no data | |
| Executive Officer | 1.67yrs | no data | no data |
1.7yrs
Average Tenure
49yo
Average Age
Experienced Management: GMAB's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Associate Director of Legal & Non-Independent Director | 4.83yrs | kr.800.00k | 0.00046% DKK 697.8k | |
| Director of Protein Production & Chemistry and Non-Independent Director | 1.67yrs | kr.300.00k | 0.000050% DKK 75.8k | |
| VP, Corporate Controller & Non-Independent Director | 4.83yrs | kr.800.00k | 0.0016% DKK 2.5m | |
| Non-Independent Director | 17yrs | kr.1.40m | 0.014% DKK 21.6m | |
| Independent Chairman of the Board | 0.67yr | kr.2.20m | 0.0051% DKK 7.7m | |
| Independent Director | 3.67yrs | kr.1.50m | 0.0033% DKK 5.0m | |
| Independent Deputy Chairman | 0.67yr | kr.1.10m | 0.0055% DKK 8.3m | |
| Independent Director | 0.67yr | no data | 0.00072% DKK 1.1m | |
| Independent Director | 5.83yrs | kr.1.10m | 0.0016% DKK 2.4m |
3.7yrs
Average Tenure
59yo
Average Age
Experienced Board: GMAB's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Genmab A/S's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Genmab A/S
- Ticker: GMAB
- Exchange: CPSE
- Founded: 1999
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: kr.151.686b
- Shares outstanding: 65.41m
- Website: https://www.genmab.com
Number of Employees
Location
- Genmab A/S
- Kalvebod Brygge 43
- Copenhagen
- Capital Region of Denmark
- 1560
- Denmark
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GNMS.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 2000 |
| GMAB | CPSE (OMX Nordic Exchange Copenhagen) | Yes | Ordinary Shares | DK | DKK | Oct 2000 |
| GE9 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2000 |
| 0MGB | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | DKK | Oct 2000 |
| GMABC | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | DKK | Oct 2000 |
| GMAB | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Oct 2000 |
| GMAB N | BMV (Bolsa Mexicana de Valores) | Yes | Ordinary Shares | MX | MXN | Oct 2000 |
| GMAB | NasdaqGS (Nasdaq Global Select) | SPONSORED ADS | US | USD | May 2013 | |
| GE91 | BST (Boerse-Stuttgart) | SPONSORED ADS | DE | EUR | May 2013 |
Biography
Genmab A/S, a biotechnology company, develops antibody therapeutics for the treatment of cancer primarily in Denmark. The company markets DARZALEX, a human IgG1k monoclonal antibody for the treatment of pa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/28 18:12 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.