Genmab A/S (GMAB)
POSITIVEPrice
$25.08
Market Cap
$15.40B
Fundamental
80
Technical
50
Composite
71
AI Analysis
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Overview
Genmab A/S, a biotechnology company, develops antibody-based products and product candidates for the treatment of cancer and other diseases in Denmark. The company markets EPKINLY and TEPKINLY for adult patients with relapsed or refractory (R/R) diffuse large b-cell lymphoma (DLBCL), large B-cell lymphoma, and follicular lymphoma (FL); and Tivdak for adult patients with recurrent/metastatic cervical cancer with disease progression on or after chemotherapy. It is also developing Epcoritamab for R/R DLBCL and FL, first line DLBCL and FL, B-cell non-Hodgkin lymphoma, R/R chronic lymphocytic leukemia and Richter's syndrome, and aggressive mature B-cell neoplasms in pediatric patients; tisotumab vedotin for solid tumors; Acasunlimab for solid tumors and non-small cell lung cancer (NSCLC); Rinatabart Sesutecan for platinum resistant ovarian cancer and solid tumors; GEN1059, GEN1055, and GEN1057 for solid tumors; and GEN1286 for advanced solid tumors. In addition, the company offers DARZALEX/DARZALEX FASPRO for multiple myeloma (MM) and light-chain Amyloidosis; RYBREVANT for NSCLC; TECVAYLI and TALVEY for R/R MM; Kesimpta for Relapsing multiple sclerosis; and TEPEZZA for thyroid eye disease. Further, it is developing Amivantamab for recurrent/metastatic head and neck cancer, and advanced or metastatic colorectal cancer; Amlenetug for multiple system atrophy; Inclacumab for vaso-occulsive crises in sickle cell diseases; and Mim8 for hemophilia A. The company has a collaboration agreement with AbbVie Inc., Pfizer Inc., BioNTech SE, Johnson & Johnson, Medarex, Inc., Bristol Myers Squibb Corporation, Lundbeck A/S, Amgen Inc., Novo Nordisk A/S, and argenx. Genmab A/S was incorporated in 1998 and is headquartered in Copenhagen, Denmark.
Balance Sheet & Liquidity
Revenue
$3.72B
Net Income
$963M
Free Cash Flow
$1.13B
Total Equity
$5.85B
Total Liabilities
$7.03B
Current Ratio
2.02
Interest Coverage
20.49
Debt/EBITDA
5.26
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Fair Value Estimation
UndervaluedFair Value
$144.31
Current Price
$25.08
Margin of Safety
+82.6%
Fair Value Range
$93.80 - $194.82
Estimation Methods
Valuation Metrics
P/E Ratio
16.18
ROE
16.5%
P/B Ratio
0.26
P/FCF
1.37
Gross Margin
93.6%
ROIC
8.6%
Value Creation (Economic Moat)
ROIC
8.6%
WACC
7.5%
ROIC − WACC
+1.2 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental Analysis Criteria
Passed (20)
- EPS shows upward trend
- EPS CAGR 8.44%
- ROIC 8.6%
- Gross Margin 93.6%
- P/FCF 1.37
- P/B Ratio 0.26
- Debt/Equity ratio
- Operating Margin 33.6%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Price below Graham Number
- DCF valuation (Undervalued)
- ROE 14.5%
- Revenue Growth 5Y 19.2%
- Analyst Consensus 76% Buy
- Earnings Quality (OCF/NI) 1.23
- Share Dilution -6.5%
Failed (5)
- Price CAGR 4.22%
- Earnings Surprise avg -4.7%
- PEG Ratio 2.67
- Net Margin Trend 25.9% vs 36.3%
- Piotroski F-Score 4/9
Unavailable (3)
- Dividend Payout NaN%
- Return on Tangible Assets
- Low reliance on intangibles
Price Chart
Technical Indicators
RSI (14)
44.46
SMA 50
$26.75
SMA 200
$29.27
MACD
-0.02
Volatility
2.1%
Momentum (12m)
8.6%
RSI 44.5, SMA trend bearish, momentum 8.6%.
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Dr. Jan G.J. van de Winkel Ph.D. | Co-Founder, President & CEO | 64 |
| Mr. Anthony Pagano CPA | Executive VP & CFO | 47 |
| Mr. Rayne Waller | Executive VP & Chief Technical Operations Officer | 57 |
| Mr. Gregory David Emil Mueller | Executive VP, General Counsel & Chief Legal Officer | 54 |
| Mr. Christopher Cozic | Executive VP & Chief People Officer | 46 |
| Dr. Martine J. van Vugt Ph.D. | Executive VP & Chief Strategy Officer | 54 |
| Mr. Martin Schultz | Senior Director, Head of Development Business Partnership & Strategy and Director | 50 |
| Dr. Judith V. Klimovsky M.D. | Executive VP & Chief Development Officer | 67 |
| Dr. Tahamtan Ahmadi M.D., Ph.D. | Executive VP, Chief Medical Officer & Head of Experimental Medicines | 52 |
| Dr. Mijke Zachariasse Ph.D. | VP, Head of Antibody Research Materials & Director | 52 |
Latest News
Recent headlines for GMAB, sourced from Markets Gazette.