Novozymes A/S
CSE:NZYM B

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Novozymes A/S
CSE:NZYM B
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Price: 403 DKK -3.93% Market Closed
Market Cap: 165.6B DKK

Relative Value

The Relative Value of one NZYM B stock under the Base Case scenario is 216.94 DKK. Compared to the current market price of 403 DKK, Novozymes A/S is Overvalued by 46%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NZYM B Relative Value
Base Case
216.94 DKK
Overvaluation 46%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
49
vs Industry
6
Median 3Y
9.3
Median 5Y
9.3
Industry
1.4
Forward
47.9
vs History
26
vs Industry
12
Median 3Y
54.8
Median 5Y
53.9
Industry
20
Forward
317.7
vs History
39
vs Industry
11
Median 3Y
39.9
Median 5Y
39.9
Industry
11.9
vs History
23
vs Industry
12
Median 3Y
59.7
Median 5Y
57.4
Industry
19.8
vs History
47
vs Industry
2
Median 3Y
11.9
Median 5Y
11.9
Industry
1.5
vs History
49
vs Industry
6
Median 3Y
9.4
Median 5Y
9.4
Industry
1.5
Forward
48.9
vs History
46
vs Industry
17
Median 3Y
17.4
Median 5Y
17.4
Industry
6.7
vs History
61
vs Industry
16
Median 3Y
28.9
Median 5Y
31.6
Industry
12
vs History
41
vs Industry
15
Median 3Y
37.9
Median 5Y
37.9
Industry
16.2
vs History
39
vs Industry
12
Median 3Y
40.7
Median 5Y
40.7
Industry
13
vs History
30
vs Industry
7
Median 3Y
80.6
Median 5Y
80.6
Industry
18.3
vs History
50
vs Industry
5
Median 3Y
6.6
Median 5Y
6.8
Industry
1.2

Multiples Across Competitors

NZYM B Competitors Multiples
Novozymes A/S Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
DK
Novozymes A/S
CSE:NZYM B
165.6B DKK 9.3 54.8 28.9 37.9
US
Sherwin-Williams Co
NYSE:SHW
83.3B USD 3.6 31.1 21 24.5
US
Ecolab Inc
NYSE:ECL
67.5B USD 4.3 31.9 20.6 27.9
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
8T JPY 3.2 14.7 6.7 8.8
CH
Givaudan SA
SIX:GIVN
35.8B CHF 4.8 32.8 22.1 27.7
CH
DSM-Firmenich AG
AEX:DSFIR
24.6B EUR 1.9 98.6 13.3 47.1
US
Dupont De Nemours Inc
NYSE:DD
27.5B USD 2.2 39.1 10.1 16.5
IN
Asian Paints Ltd
NSE:ASIANPAINT
2.3T INR 6.8 55.1 37.1 43.6
CN
Wanhua Chemical Group Co Ltd
SSE:600309
176B CNY 1 14.7 16.2 16.2
US
PPG Industries Inc
NYSE:PPG
23.6B USD 1.5 21.1 9.9 12
CH
Sika AG
F:SIKA
19.9B EUR 1.7 17.6 10.6 13.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
DK
Novozymes A/S
CSE:NZYM B
Average EV/EBITDA: 17.9
28.9
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
21
9%
2.3
US
Ecolab Inc
NYSE:ECL
20.6
10%
2.1
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
6.7
9%
0.7
CH
Givaudan SA
SIX:GIVN
22.1
6%
3.7
CH
D
DSM-Firmenich AG
AEX:DSFIR
13.3
12%
1.1
US
Dupont De Nemours Inc
NYSE:DD
10.1
9%
1.1
IN
Asian Paints Ltd
NSE:ASIANPAINT
37.1
1%
37.1
CN
Wanhua Chemical Group Co Ltd
SSE:600309
16.2
N/A N/A
US
PPG Industries Inc
NYSE:PPG
9.9
6%
1.6
CH
Sika AG
F:SIKA
10.6
11%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DK
Novozymes A/S
CSE:NZYM B
Average EV/EBIT: 25.1
37.9
N/A N/A
US
Sherwin-Williams Co
NYSE:SHW
24.5
11%
2.2
US
Ecolab Inc
NYSE:ECL
27.9
12%
2.3
JP
Shin-Etsu Chemical Co Ltd
TSE:4063
8.8
N/A N/A
CH
Givaudan SA
SIX:GIVN
27.7
8%
3.5
CH
D
DSM-Firmenich AG
AEX:DSFIR
47.1
44%
1.1
US
Dupont De Nemours Inc
NYSE:DD
16.5
20%
0.8
IN
Asian Paints Ltd
NSE:ASIANPAINT
43.6
-1%
N/A
CN
Wanhua Chemical Group Co Ltd
SSE:600309
16.2
N/A N/A
US
PPG Industries Inc
NYSE:PPG
12
7%
1.7
CH
Sika AG
F:SIKA
13.9
12%
1.2