Novozymes A/S Logo

Novozymes A/S

NZYM-B.CO

(3.5)
Stock Price

397,40 DKK

9.39% ROA

22.1% ROE

58.47x PER

Market Cap.

218.758.099.351,00 DKK

55.32% DER

1.74% Yield

16.89% NPM

Novozymes A/S Stock Analysis

Novozymes A/S Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Novozymes A/S Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (23.52%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (3%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

6 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

8 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

9 Buffet Intrinsic Value

The company's stock seems undervalued (2.112) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

10 PBV

The stock's elevated P/BV ratio (6.88x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

11 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

Novozymes A/S Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Novozymes A/S Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Novozymes A/S Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Novozymes A/S Revenue
Year Revenue Growth
2002 5.642.000.000
2003 5.803.000.000 2.77%
2004 6.024.000.000 3.67%
2005 6.281.000.000 4.09%
2006 6.802.000.000 7.66%
2007 7.438.000.000 8.55%
2008 8.146.000.000 8.69%
2009 8.448.000.000 3.57%
2010 9.724.000.000 13.12%
2011 10.510.000.000 7.48%
2012 11.234.000.000 6.44%
2013 11.746.000.000 4.36%
2014 12.459.000.000 5.72%
2015 14.002.000.000 11.02%
2016 14.142.000.000 0.99%
2017 14.531.000.000 2.68%
2018 14.390.000.000 -0.98%
2019 14.374.000.000 -0.11%
2020 14.012.000.000 -2.58%
2021 14.951.000.000 6.28%
2022 17.553.000.000 14.82%
2023 18.412.000.000 4.67%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Novozymes A/S Research and Development Expenses
Year Research and Development Expenses Growth
2002 713.000.000
2003 749.000.000 4.81%
2004 775.000.000 3.35%
2005 793.000.000 2.27%
2006 880.000.000 9.89%
2007 995.000.000 11.56%
2008 1.096.000.000 9.22%
2009 1.207.000.000 9.2%
2010 1.360.000.000 11.25%
2011 1.464.000.000 7.1%
2012 1.527.000.000 4.13%
2013 1.528.000.000 0.07%
2014 1.841.000.000 17%
2015 1.896.000.000 2.9%
2016 1.865.000.000 -1.66%
2017 1.913.000.000 2.51%
2018 1.865.000.000 -2.57%
2019 1.966.000.000 5.14%
2020 1.937.000.000 -1.5%
2021 2.009.000.000 3.58%
2022 2.001.000.000 -0.4%
2023 2.096.000.000 4.53%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Novozymes A/S General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 575.000.000
2003 587.000.000 2.04%
2004 595.000.000 1.34%
2005 632.000.000 5.85%
2006 650.000.000 2.77%
2007 675.000.000 3.7%
2008 745.000.000 9.4%
2009 751.000.000 0.8%
2010 762.000.000 1.44%
2011 778.000.000 2.06%
2012 808.000.000 3.71%
2013 824.000.000 1.94%
2014 857.000.000 3.85%
2015 876.000.000 2.17%
2016 810.000.000 -8.15%
2017 831.000.000 2.53%
2018 792.000.000 -4.92%
2019 827.000.000 4.23%
2020 739.000.000 -11.91%
2021 859.000.000 13.97%
2022 952.000.000 9.77%
2023 964.000.000 1.24%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Novozymes A/S EBITDA
Year EBITDA Growth
2002 1.610.000.000
2003 1.728.000.000 6.83%
2004 1.698.000.000 -1.77%
2005 1.744.000.000 2.64%
2006 743.000.000 -134.72%
2007 2.101.000.000 64.64%
2008 2.323.000.000 9.56%
2009 2.405.000.000 3.41%
2010 2.230.000.000 -7.85%
2011 2.548.000.000 12.48%
2012 3.361.000.000 24.19%
2013 3.598.000.000 6.59%
2014 4.123.000.000 12.73%
2015 4.966.000.000 16.98%
2016 4.927.000.000 -0.79%
2017 5.088.000.000 3.16%
2018 5.101.000.000 0.25%
2019 4.584.000.000 -11.28%
2020 4.800.000.000 4.5%
2021 5.155.000.000 6.89%
2022 5.782.000.000 10.84%
2023 4.164.000.000 -38.86%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Novozymes A/S Gross Profit
Year Gross Profit Growth
2002 2.908.000.000
2003 3.004.000.000 3.2%
2004 3.179.000.000 5.5%
2005 3.345.000.000 4.96%
2006 3.655.000.000 8.48%
2007 3.949.000.000 7.44%
2008 4.359.000.000 9.41%
2009 4.700.000.000 7.26%
2010 5.412.000.000 13.16%
2011 5.908.000.000 8.4%
2012 6.423.000.000 8.02%
2013 6.716.000.000 4.36%
2014 7.224.000.000 7.03%
2015 8.303.000.000 13%
2016 8.166.000.000 -1.68%
2017 8.428.000.000 3.11%
2018 8.301.000.000 -1.53%
2019 7.987.000.000 -3.93%
2020 7.853.000.000 -1.71%
2021 8.623.000.000 8.93%
2022 9.577.000.000 9.96%
2023 9.940.000.000 3.65%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Novozymes A/S Net Profit
Year Net Profit Growth
2002 647.000.000
2003 735.000.000 11.97%
2004 793.000.000 7.31%
2005 861.000.000 7.9%
2006 325.000.000 -164.92%
2007 1.042.000.000 68.81%
2008 1.062.000.000 1.88%
2009 1.194.000.000 11.06%
2010 1.614.000.000 26.02%
2011 1.828.000.000 11.71%
2012 2.015.000.000 9.28%
2013 2.200.000.000 8.41%
2014 2.526.000.000 12.91%
2015 2.823.000.000 10.52%
2016 3.050.000.000 7.44%
2017 3.119.000.000 2.21%
2018 3.226.000.000 3.32%
2019 3.154.000.000 -2.28%
2020 2.825.000.000 -11.65%
2021 3.146.000.000 10.2%
2022 3.676.000.000 14.42%
2023 2.792.000.000 -31.66%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Novozymes A/S Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 2
2003 2 50%
2004 2 0%
2005 3 0%
2006 1 -100%
2007 3 66.67%
2008 3 0%
2009 4 0%
2010 5 40%
2011 6 0%
2012 6 16.67%
2013 7 0%
2014 8 25%
2015 9 11.11%
2016 10 10%
2017 10 0%
2018 11 9.09%
2019 11 0%
2020 10 -10%
2021 11 9.09%
2022 13 15.38%
2023 10 -30%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Novozymes A/S Free Cashflow
Year Free Cashflow Growth
2002 814.000.000
2003 976.000.000 16.6%
2004 952.000.000 -2.52%
2005 960.000.000 0.83%
2006 1.029.000.000 6.71%
2007 971.000.000 -5.97%
2008 738.000.000 -31.57%
2009 797.000.000 7.4%
2010 995.000.000 19.9%
2011 1.385.000.000 28.16%
2012 1.576.000.000 12.12%
2013 1.837.000.000 14.21%
2014 3.822.000.000 51.94%
2015 2.371.000.000 -61.2%
2016 2.764.000.000 14.22%
2017 2.470.000.000 -11.9%
2018 2.347.000.000 -5.24%
2019 2.334.000.000 -0.56%
2020 3.415.000.000 31.65%
2021 2.822.000.000 -21.01%
2022 1.116.000.000 -152.87%
2023 518.000.000 -115.44%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Novozymes A/S Operating Cashflow
Year Operating Cashflow Growth
2002 1.181.000.000
2003 1.374.000.000 14.05%
2004 1.287.000.000 -6.76%
2005 1.326.000.000 2.94%
2006 1.534.000.000 13.56%
2007 1.714.000.000 10.5%
2008 1.697.000.000 -1%
2009 1.817.000.000 6.6%
2010 2.324.000.000 21.82%
2011 2.709.000.000 14.21%
2012 2.758.000.000 1.78%
2013 2.599.000.000 -6.12%
2014 4.525.000.000 42.56%
2015 3.339.000.000 -35.52%
2016 3.840.000.000 13.05%
2017 4.063.000.000 5.49%
2018 3.679.000.000 -10.44%
2019 3.196.000.000 -15.11%
2020 4.355.000.000 26.61%
2021 4.062.000.000 -7.21%
2022 4.006.000.000 -1.4%
2023 1.122.000.000 -257.04%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Novozymes A/S Capital Expenditure
Year Capital Expenditure Growth
2002 367.000.000
2003 398.000.000 7.79%
2004 335.000.000 -18.81%
2005 366.000.000 8.47%
2006 505.000.000 27.52%
2007 743.000.000 32.03%
2008 959.000.000 22.52%
2009 1.020.000.000 5.98%
2010 1.329.000.000 23.25%
2011 1.324.000.000 -0.38%
2012 1.182.000.000 -12.01%
2013 762.000.000 -55.12%
2014 703.000.000 -8.39%
2015 968.000.000 27.38%
2016 1.076.000.000 10.04%
2017 1.593.000.000 32.45%
2018 1.332.000.000 -19.59%
2019 862.000.000 -54.52%
2020 940.000.000 8.3%
2021 1.240.000.000 24.19%
2022 2.890.000.000 57.09%
2023 604.000.000 -378.48%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Novozymes A/S Equity
Year Equity Growth
2002 4.062.000.000
2003 4.113.000.000 1.24%
2004 3.828.000.000 -7.45%
2005 3.761.000.000 -1.78%
2006 3.359.000.000 -11.97%
2007 3.657.000.000 8.15%
2008 4.465.000.000 18.1%
2009 5.831.000.000 23.43%
2010 7.824.000.000 25.47%
2011 8.809.000.000 11.18%
2012 9.555.000.000 7.81%
2013 11.066.000.000 13.65%
2014 11.280.000.000 1.9%
2015 11.593.000.000 2.7%
2016 11.745.000.000 1.29%
2017 11.267.000.000 -4.24%
2018 11.438.000.000 1.5%
2019 11.480.000.000 0.37%
2020 11.244.000.000 -2.1%
2021 12.206.000.000 7.88%
2022 14.228.000.000 14.21%
2023 14.351.000.000 0.86%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Novozymes A/S Assets
Year Assets Growth
2002 8.350.000.000
2003 7.633.000.000 -9.39%
2004 7.134.000.000 -6.99%
2005 7.309.000.000 2.39%
2006 7.965.000.000 8.24%
2007 8.871.000.000 10.21%
2008 9.925.000.000 10.62%
2009 10.890.000.000 8.86%
2010 12.593.000.000 13.52%
2011 13.842.000.000 9.02%
2012 15.113.000.000 8.41%
2013 16.506.000.000 8.44%
2014 18.426.000.000 10.42%
2015 17.791.000.000 -3.57%
2016 18.659.000.000 4.65%
2017 18.373.000.000 -1.56%
2018 19.697.000.000 6.72%
2019 20.437.000.000 3.62%
2020 20.510.000.000 0.36%
2021 24.767.000.000 17.19%
2022 27.983.000.000 11.49%
2023 28.391.000.000 1.44%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Novozymes A/S Liabilities
Year Liabilities Growth
2002 4.102.000.000
2003 3.458.000.000 -18.62%
2004 3.242.000.000 -6.66%
2005 3.515.000.000 7.77%
2006 4.572.000.000 23.12%
2007 5.204.000.000 12.14%
2008 5.449.000.000 4.5%
2009 5.039.000.000 -8.14%
2010 4.757.000.000 -5.93%
2011 5.018.000.000 5.2%
2012 5.545.000.000 9.5%
2013 5.440.000.000 -1.93%
2014 7.146.000.000 23.87%
2015 6.198.000.000 -15.3%
2016 6.914.000.000 10.36%
2017 7.106.000.000 2.7%
2018 8.259.000.000 13.96%
2019 8.957.000.000 7.79%
2020 9.266.000.000 3.33%
2021 12.561.000.000 26.23%
2022 13.755.000.000 8.68%
2023 14.040.000.000 2.03%

Novozymes A/S Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
47.75
Net Income per Share
8.06
Price to Earning Ratio
58.47x
Price To Sales Ratio
16.48x
POCF Ratio
34.13
PFCF Ratio
98.99
Price to Book Ratio
9.37
EV to Sales
16.98
EV Over EBITDA
66.9
EV to Operating CashFlow
58.72
EV to FreeCashFlow
101.98
Earnings Yield
0.02
FreeCashFlow Yield
0.01
Market Cap
218,76 Bil.
Enterprise Value
225,38 Bil.
Graham Number
95.47
Graham NetNet
-29.64

Income Statement Metrics

Net Income per Share
8.06
Income Quality
1.71
ROE
0.16
Return On Assets
0.11
Return On Capital Employed
0.22
Net Income per EBT
0.77
EBT Per Ebit
0.86
Ebit per Revenue
0.25
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.11
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.54
Operating Profit Margin
0.25
Pretax Profit Margin
0.22
Net Profit Margin
0.17

Dividends

Dividend Yield
0.02
Dividend Yield %
1.74
Payout Ratio
0.53
Dividend Per Share
8.2

Operating Metrics

Operating Cashflow per Share
13.8
Free CashFlow per Share
7.95
Capex to Operating CashFlow
0.42
Capex to Revenue
0.12
Capex to Depreciation
1.75
Return on Invested Capital
0.12
Return on Tangible Assets
0.09
Days Sales Outstanding
103.7
Days Payables Outstanding
97.38
Days of Inventory on Hand
218.57
Receivables Turnover
3.52
Payables Turnover
3.75
Inventory Turnover
1.67
Capex per Share
5.86

Balance Sheet

Cash per Share
4,16
Book Value per Share
51,62
Tangible Book Value per Share
35.32
Shareholders Equity per Share
50.28
Interest Debt per Share
28.38
Debt to Equity
0.55
Debt to Assets
0.27
Net Debt to EBITDA
1.96
Current Ratio
1.3
Tangible Asset Value
9,82 Bil.
Net Current Asset Value
-4,58 Bil.
Invested Capital
19057000000
Working Capital
2,20 Bil.
Intangibles to Total Assets
0.16
Average Receivables
3,77 Bil.
Average Payables
1,54 Bil.
Average Inventory
3752500000
Debt to Market Cap
0.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Novozymes A/S Dividends
Year Dividends Growth
2001 2
2002 2 50%
2003 2 0%
2004 3 33.33%
2005 4 0%
2006 4 25%
2007 5 0%
2008 5 20%
2009 5 0%
2010 6 0%
2011 8 37.5%
2012 2 -700%
2013 2 50%
2014 3 0%
2015 3 33.33%
2016 4 0%
2017 4 25%
2018 5 0%
2019 5 20%
2020 5 0%
2021 5 0%
2022 6 0%
2023 10 50%

Novozymes A/S Profile

About Novozymes A/S

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company offers baking, beverages, dairy, starch, and protein solutions for the food and beverage industry; laundry, dishwashing, and professional cleaning solutions for the household care industry; agriculture solutions, including crop production, and animal health and nutrition solutions; bioyield and biocontrol solutions for crops; and grain and technical processing solutions, as well as bio energy solutions for liquefaction, saccharifaction, fermentation, fiber conversion, and biomass conversion. It also provides textile solutions, such as biopreparation, biopolishing, bleach clean-up, denim abrasion and finishing, and desizing solutions. In addition, the company offers solutions for pulp & paper, including fiber modification, bleach boosting, deposit control, starch modification, and deinking; leather solutions comprising acid bating, area expansion, bating, degreasing, soaking, and unhairing and liming; and water and waste management solutions, which consist of bioaugmentation, biogas, and sludge management. Further, it provides pharmaceutical solutions, including lipases, immobilized lipases, and proteases for biocatalysis, as well as rTrypsin for cell culture; and human health and protein solutions. The company was founded in 1925 and is headquartered in Bagsvaerd, Denmark.

CEO
Ms. Ester Baiget
Employee
6.397
Address
Krogshoejvej 36
Bagsvaerd, 2880

Novozymes A/S Executives & BODs

Novozymes A/S Executives & BODs
# Name Age
1 Mr. Tue Micheelsen
Vice President of Global Sales & Marketing
70
2 Mr. Morten Enggaard Rasmussen
Executive Vice President of People & Stakeholder Relations
70
3 Ms. Winnie Hoejvang Bugel
General Counsel of Legal
70
4 Ms. Amy Byrick
Executive Vice President of Human Health Biosolutions
70
5 Mr. Anders Lund
Chief Operating Officer
70
6 Mr. Claus Crone Fuglsang
Chief Scientific Officer
70
7 Mr. Tobias Cornelius Bjorklund
Head of Investor Relations
70
8 Ms. Tina Sejersgaard Fano
Executive Vice President of Planetary Health Biosolutions
70
9 Mr. Rainer Lehmann
Executive Vice President & Chief Financial Officer
70
10 Ms. Ester Baiget
President & Chief Executive Officer
70

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