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Thor Medical ASA
OSE:TRMED

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Thor Medical ASA
OSE:TRMED
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Price: 4.8 NOK 0.21% Market Closed
Market Cap: kr1.7B

P/S

3871.5
Current
56%
Cheaper
vs 3-y average of 8707.2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3871.5
=
Market Cap
kr1.7B
/
Revenue
kr439k

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3871.5
=
Market Cap
kr1.7B
/
Revenue
kr439k

Valuation Scenarios

Thor Medical ASA is trading below its 3-year average

If P/S returns to its 3-Year Average (8 707.2), the stock would be worth kr10.8 (125% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-100%
Maximum Upside
+125%
Average Upside
13%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3 871.5 kr4.8
0%
3-Year Average 8 707.2 kr10.8
+125%
5-Year Average 8 707.2 kr10.8
+125%
Industry Average 11.2 kr0.01
-100%
Country Average 2.1 kr0
-100%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
kr1.7B
/
Jan 2026
kr439k
=
3871.5
Current
kr1.7B
/
Dec 2026
kr40.2m
=
42.2
Forward
kr1.7B
/
Dec 2027
kr164.3m
=
10.3
Forward
kr1.7B
/
Dec 2028
kr236.4m
=
7.2
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
NO
Thor Medical ASA
OSE:TRMED
1.7B NOK 3 871.5 -29.3
FR
Pharnext SCA
OTC:PNEXF
6T USD 33 690 872.8 -160 127.7
US
Abbvie Inc
NYSE:ABBV
348.9B USD 5.7 83.6
US
Amgen Inc
NASDAQ:AMGN
183.4B USD 5 23.9
US
Gilead Sciences Inc
NASDAQ:GILD
158.5B USD 5.5 18.9
US
Epizyme Inc
F:EPE
94.1B EUR 2 091 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
108.2B USD 9.1 27.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
78.7B USD 5.5 17.5
NL
argenx SE
XBRU:ARGX
41.9B EUR 11.6 37.3
US
Seagen Inc
F:SGT
39.3B EUR 20.1 -61.8
AU
CSL Ltd
ASX:CSL
63.6B AUD 2.7 30.3
P/S Multiple
Revenue Growth P/S to Growth
NO
T
Thor Medical ASA
OSE:TRMED
Average P/S: 3 063 354.6
3 871.5
714%
5.4
FR
Pharnext SCA
OTC:PNEXF
33 690 872.8
N/A N/A
US
Abbvie Inc
NYSE:ABBV
5.7
9%
0.6
US
Amgen Inc
NASDAQ:AMGN
5
3%
1.7
US
Gilead Sciences Inc
NASDAQ:GILD
5.5
5%
1.1
US
E
Epizyme Inc
F:EPE
2 091
N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
9.1
11%
0.8
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
5.5
10%
0.5
NL
argenx SE
XBRU:ARGX
11.6
28%
0.4
US
S
Seagen Inc
F:SGT
20.1
30%
0.7
AU
CSL Ltd
ASX:CSL
2.7
4%
0.7
P/E Multiple
Earnings Growth PEG
NO
T
Thor Medical ASA
OSE:TRMED
Average P/E: 34.2
Negative Multiple: -29.3
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.6
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.9
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.9
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.6
19%
1.5
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.5
14%
1.2
NL
argenx SE
XBRU:ARGX
37.3
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
30.3
9%
3.4

Market Distribution

Higher than 99% of companies in Norway
Percentile
99th
Based on 676 companies
99th percentile
3 871.5
Low
0.1 — 1.1
Typical Range
1.1 — 4
High
4 —
Distribution Statistics
Norway
Min 0.1
30th Percentile 1.1
Median 2.1
70th Percentile 4
Max 77 165

Thor Medical ASA
Glance View

Market Cap
1.7B NOK
Industry
Biotechnology

Nordic Nanovector ASA is a biopharmaceutical company, which engages in the development, marketing, and sale of medical products and equipment for anticancer therapeutics for haematological cancers. The company is headquartered in Oslo, Oslo and currently employs 16 full-time employees. The company went IPO on 2014-07-07. The firm is engaged in the development and commercialization of targeted therapeutics for hematological cancers. Its main product is Betalutin, a CD37-targeting radio-immunoconjugate designed to advance the treatment of non-Hodgkin lymphoma (NHL). Betalutin uses monoclonal antibodies to attack the cancer cells in two ways, first as an immunotherapy and secondly as a targeting agent for a radioactive payload and is a combination of radiation therapy and immunotherapy. The firm is also leveraging its expertise in radionuclides and CD37-targeting antibodies, along with partners, to build a pipeline of biopharmaceuticals for a range of haematological cancers.

TRMED Intrinsic Value
4.66 NOK
Overvaluation 3%
Intrinsic Value
Price kr4.8
T
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