Novozymes Valuation
Is NSISBC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Future Cash Flow Value
Significantly Below Future Cash Flow Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Future Cash Flow Value
What is the Fair Price of NSISBC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
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Below Future Cash Flow Value: NSISBC (DKK388.6) is trading below our estimate of future cash flow value (DKK529.83)
Significantly Below Future Cash Flow Value: NSISBC is trading below future cash flow value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NSISBC?
Key metric: As NSISBC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is NSISBC's PE Ratio? | |
|---|---|
| PE Ratio | 41x |
| Earnings | €596.70m |
| Market Cap | €24.45b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 6.5x |
| Enterprise Value/EBITDA | 17.7x |
| PEG Ratio | 2.9x |
Price to Earnings Ratio vs Peers
How does NSISBC's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 37.3x | ||
CRDA Croda International | 68.4x | 24.93% | UK£4.2b |
ELM Elementis | 18.8x | 11.99% | UK£874.9m |
FRES Fresnillo | 20.5x | 15.20% | UK£21.2b |
TET Treatt | 41.4x | 25.01% | UK£178.6m |
NSISBC Novozymes | 41x | 14.03% | DKK 182.8b |
Price-To-Earnings vs Peers: NSISBC is expensive based on its Price-To-Earnings Ratio (41x) compared to the peer average (37.2x).
Historical Price to Earnings Ratio
Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.
Fetching historical data
Price to Earnings Ratio vs Industry
How does NSISBC's PE Ratio compare vs other companies in the European Chemicals Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 1 Company | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: NSISBC is expensive based on its Price-To-Earnings Ratio (41x) compared to the European Chemicals industry average (18.8x).
Price to Earnings Ratio vs Fair Ratio
What is NSISBC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 41x |
| Fair PE Ratio | 22.1x |
Price-To-Earnings vs Fair Ratio: NSISBC is expensive based on its Price-To-Earnings Ratio (41x) compared to the estimated Fair Price-To-Earnings Ratio (22.1x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | DKK 388.60 | DKK 460.94 +18.61% | 9.51% | DKK 552.00 | DKK 362.00 | n/a | 17 |
| Jun ’27 | DKK 376.10 | DKK 460.94 +22.56% | 9.51% | DKK 552.00 | DKK 362.00 | n/a | 17 |
| May ’27 | DKK 395.70 | DKK 452.18 +14.27% | 10.79% | DKK 560.00 | DKK 362.00 | n/a | 17 |
| Apr ’27 | DKK 388.65 | DKK 459.53 +18.24% | 11.62% | DKK 560.00 | DKK 362.00 | n/a | 17 |
| Mar ’27 | DKK 371.20 | DKK 457.50 +23.25% | 12.17% | DKK 560.00 | DKK 362.00 | n/a | 18 |
| Feb ’27 | DKK 384.20 | DKK 467.96 +21.80% | 12.58% | DKK 560.00 | DKK 375.00 | n/a | 18 |
| Jan ’27 | DKK 407.60 | DKK 471.07 +15.57% | 12.36% | DKK 560.00 | DKK 380.00 | n/a | 17 |
| Dec ’26 | DKK 404.80 | DKK 471.34 +16.44% | 12.35% | DKK 560.00 | DKK 380.00 | n/a | 17 |
| Nov ’26 | DKK 387.25 | DKK 465.13 +20.11% | 12.03% | DKK 569.00 | DKK 376.00 | n/a | 17 |
| Oct ’26 | DKK 390.35 | DKK 466.55 +19.52% | 12.04% | DKK 569.00 | DKK 380.00 | n/a | 17 |
| Sep ’26 | DKK 407.35 | DKK 469.48 +15.25% | 11.87% | DKK 569.00 | DKK 380.00 | n/a | 17 |
| Aug ’26 | DKK 425.40 | DKK 500.12 +17.56% | 12.86% | DKK 577.00 | DKK 390.00 | n/a | 17 |
| Jul ’26 | DKK 450.90 | DKK 503.88 +11.75% | 12.31% | DKK 577.00 | DKK 389.00 | n/a | 17 |
| Jun ’26 | DKK 462.70 | DKK 496.22 +7.25% | 11.52% | DKK 577.00 | DKK 389.00 | DKK 376.10 | 17 |
| May ’26 | DKK 411.70 | DKK 484.94 +17.79% | 11.73% | DKK 576.00 | DKK 388.00 | DKK 395.70 | 16 |
| Apr ’26 | DKK 399.35 | DKK 491.31 +23.03% | 11.81% | DKK 598.00 | DKK 388.00 | DKK 388.65 | 16 |
| Mar ’26 | DKK 427.60 | DKK 489.12 +14.39% | 11.26% | DKK 598.00 | DKK 388.00 | DKK 371.20 | 16 |
| Feb ’26 | n/a | DKK 486.24 0% | 11.77% | DKK 598.00 | DKK 372.00 | DKK 384.20 | 16 |
| Jan ’26 | n/a | DKK 485.12 0% | 11.97% | DKK 598.00 | DKK 364.00 | DKK 407.60 | 16 |
| Dec ’25 | DKK 416.10 | DKK 484.05 +16.33% | 11.69% | DKK 586.00 | DKK 364.00 | DKK 404.80 | 16 |
| Nov ’25 | DKK 431.25 | DKK 488.00 +13.16% | 11.08% | DKK 560.00 | DKK 360.00 | DKK 387.25 | 15 |
| Oct ’25 | DKK 475.30 | DKK 487.50 +2.57% | 10.97% | DKK 560.00 | DKK 360.00 | DKK 390.35 | 16 |
| Sep ’25 | DKK 467.65 | DKK 464.99 -0.57% | 11.12% | DKK 540.00 | DKK 360.00 | DKK 407.35 | 16 |
| Aug ’25 | DKK 429.75 | DKK 458.43 +6.67% | 10.63% | DKK 540.00 | DKK 360.00 | DKK 425.40 | 16 |
| Jul ’25 | DKK 423.60 | DKK 449.81 +6.19% | 10.68% | DKK 540.00 | DKK 350.00 | DKK 450.90 | 16 |
| Jun ’25 | n/a | DKK 437.35 0% | 9.11% | DKK 500.00 | DKK 350.00 | DKK 462.70 | 14 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 20:31 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Novozymes A/S is covered by 26 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Sloane | Barclays |
| Cezara Lozneanu | Barclays |
| Sebastian Satz | Barclays |