Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides NovoPen 6 and NovoPen Echo Plus, smart insulin pens; Dose Check, an insulin dose guidance application; growth hormone pens and injection needles; and Wegovy pill an oral glucagon-like peptide-1 (GLP-1) receptor agonist therapy for weight management. The company has a collaboration with Anthropic accelerate the development of new medicines and advance AI-driven software development. It operates in Europe, Canada, the United States, Japan, Korea, Oceania, Southeast Asia, Mainland China, Hong Kong and Taiwan, Latin America, the Middle East, and Africa. It has a strategic collaboration with Orbis Medicines to discover and develop oral macrocycle therapeutics for cardiometabolic diseases. The company was formerly known as Novo Industri A/S and changed its name to Novo Nordisk A/S in April 1989. The company was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
DKK 329.43B
▲ +6.4% YoY
Net Income (TTM)
DKK 116.44B
▲ +1.4% YoY
Op. Margin
43.13%
▼ -2.9pp YoY
ROIC
35.07%
▼ -18.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
DKK 47.79B
▼ -58.4% YoY
Op. Cash Flow (TTM)
DKK 131.88B
▼ -10.0% YoY
Net Debt
DKK 104.00B
Cash & Equiv.
DKK 26.96B
3Y CAGR: +20.4%
3Y CAGR: -23.3%
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Peers
Drug Manufacturers - General · Pick stocks to compare with NVO
Held by ETFs
NVO is in 31 US ETFs. The largest of them, with NVO's weight in each:
Dimensional International Core Equity Market ETFDFAI0.02%of the fund
Avantis International Equity Fund Institutional ClassAVDE0.30%of the fund
Fidelity Enhanced International ETFFENI0.01%of the fund
Dimensional International High Profitability ETFDIHP0.00%of the fund
Avantis International Large Cap Value ETFAVIV0.32%of the fund
First Trust WCM International Equity ETFWCMI1.53%of the fund
Novo Nordisk A/S (NVO) in four numbers
Questions about Novo Nordisk A/S
Is Novo Nordisk A/S (NVO) overvalued?
At kr 279.73, Novo Nordisk A/S's price is 70% below the kr 942.44 a share fair value that Intrinsiqq's calculator gets from its earnings. It trades at 10.68 times earnings and 25.96 times free cash flow. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.
What is Novo Nordisk A/S's fair value?
Intrinsiqq's calculator puts Novo Nordisk A/S's fair value at kr 942.44 a share. It grows earnings per share 20% a year for 5 years, applies an exit P/E of 21.4, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of kr 706.83. Every input can be changed on the Intrinsic Value tab.
Is Novo Nordisk A/S a high-quality business?
Novo Nordisk A/S scores 64 out of 100 on Intrinsiqq's quality score, which makes it a solid business on these measures. The score blends 8 checks computed from company filings. Its best check is revenue growth at 16.8%, and its weakest is net debt at $104.00B. The Quality tab shows every check against its target.
Does Novo Nordisk A/S (NVO) pay a dividend, and how much?
Yes. Novo Nordisk A/S (NVO) pays a dividend: DKK 11.70 per share over the last twelve months, a dividend yield of 4.19% at the latest close. It has raised its dividend per share for at least 4 years in a row, growing at 22.5% a year over the last 4 years. The payout takes about 44.7% of earnings.
Source: company filings. Price: last close 4 Nov 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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