Novo Nordisk Fair Value
NO
The fair market value of NOVC.F stock is 93.44 EUR. Relative to the market price of 0 EUR Novo Nordisk is overvalued by 10%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Novo Nordisk Valuation
The fair value level of 93.44 EUR can be considered as an effective entry point for long-term investors to start investing in NOVC.F stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Market price:
NOVC.F stock is overvalued
It means the current price may concern as a Risky Entry Point
Novo Nordisk A/S Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
32.43
2
Median P/E over 5 years
27.02
3
Minimum P/E over 5 years
18.64
4
Earning per share (last 12 months)
25.79 DKK
Maximum value
1
x
4
=
112.14 EUR
Fair value
2
x
4
=
93.44 EUR
Minimum value
3
x
4
=
64.45 EUR
Novo Nordisk A/S price metrics
30.88
Annual return (geometric mean)
28.19
Risk (standard deviation) of returns
β
1.36
Beta (volatility compared to market)