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Zealand Pharma A/S
CSE:ZEAL

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Zealand Pharma A/S
CSE:ZEAL
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Price: 304 DKK -0.43% Market Closed
Market Cap: kr21.7B

EV/EBIT

1
Current
105%
Cheaper
vs 3-y average of -17.7

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
1
=
Enterprise Value
kr11.2B
/
EBIT
kr7.1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
1
=
Enterprise Value
kr11.2B
/
EBIT
kr7.1B

Valuation Scenarios

Zealand Pharma A/S is trading below its industry average

If EV/EBIT returns to its Industry Average (5.1), the stock would be worth kr1 616.81 (432% upside from current price).

Statistics
Positive Scenarios
2/2
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 319%
Average Upside
876%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 1 kr304
0%
Industry Average 5.1 kr1 616.81
+432%
Country Average 13.6 kr4 314.8
+1 319%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
kr11.2B
/
Jan 2026
kr7.1B
=
1
Current
kr11.2B
/
Dec 2026
kr1.2B
=
9.3
Forward
kr11.2B
/
Dec 2027
kr122.8m
=
91.1
Forward
kr11.2B
/
Dec 2028
kr-4B
=
-2.8
Forward
kr11.2B
/
Dec 2029
kr-1.2B
=
-9.6
Forward
kr11.2B
/
Dec 2030
kr-127.3m
=
-87.9
Forward
kr11.2B
/
Dec 2031
kr-1.1B
=
-10.4
Forward
kr11.2B
/
Dec 2032
kr-518.5m
=
-21.6
Forward
kr11.2B
/
Dec 2033
kr1.1B
=
9.8
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
DK
Zealand Pharma A/S
CSE:ZEAL
21.6B DKK 1 3.3
FR
Pharnext SCA
OTC:PNEXF
6T USD -192 227.3 -160 127.7
US
Abbvie Inc
NYSE:ABBV
351.3B USD 19.5 83.9
US
Amgen Inc
NASDAQ:AMGN
185.7B USD 14 24.1
US
Gilead Sciences Inc
NASDAQ:GILD
161.8B USD 14.7 19
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
109.3B USD 21.6 27.6
US
Epizyme Inc
F:EPE
94.1B EUR -565.5 -533.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
79.4B USD 14.9 17.6
NL
argenx SE
XBRU:ARGX
41.2B EUR 41.1 37.3
US
Seagen Inc
F:SGT
39.3B EUR -60.1 -61.8
AU
CSL Ltd
ASX:CSL
62.7B AUD 13.1 30.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DK
Zealand Pharma A/S
CSE:ZEAL
Average EV/EBIT: 17.5
1
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -192 227.3 N/A N/A
US
Abbvie Inc
NYSE:ABBV
19.5
23%
0.8
US
Amgen Inc
NASDAQ:AMGN
14
3%
4.7
US
Gilead Sciences Inc
NASDAQ:GILD
14.7
13%
1.1
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
21.6
17%
1.3
US
E
Epizyme Inc
F:EPE
Negative Multiple: -565.5 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
14.9
23%
0.6
NL
argenx SE
XBRU:ARGX
41.1
51%
0.8
US
S
Seagen Inc
F:SGT
Negative Multiple: -60.1 N/A N/A
AU
CSL Ltd
ASX:CSL
13.1
10%
1.3
P/E Multiple
Earnings Growth PEG
DK
Zealand Pharma A/S
CSE:ZEAL
Average P/E: 30.5
3.3
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.9
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
24.1
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19
16%
1.2
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.6
19%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.6
14%
1.3
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
30.7
9%
3.4

Market Distribution

Lower than 97% of companies in Denmark
Percentile
3nd
Based on 367 companies
3nd percentile
1
Low
0.8 — 6.6
Typical Range
6.6 — 19.5
High
19.5 —
Distribution Statistics
Denmark
Min 0.8
30th Percentile 6.6
Median 13.6
70th Percentile 19.5
Max 473.6

Zealand Pharma A/S
Glance View

Zealand Pharma A/S is a Danish biotechnology company that has carved a niche in the medical field by focusing on the design and development of innovative peptide-based medicines. Established in 1998 and headquartered in Copenhagen, the company is driven by a singular mission: to improve patients' lives through impactful treatments. Zealand's expertise lies in peptide therapeutics, a compelling segment of biopharmaceuticals due to their ability to mimic biological processes with high specificity and efficacy. The company has a keen focus on addressing unmet medical needs, particularly in the treatment of metabolic and gastrointestinal diseases. With a robust pipeline that ranges from early-stage research to late-stage clinical trials, Zealand Pharma leverages its proprietary technology to discover and develop novel pharmaceuticals that can be game-changers in their respective therapeutic areas. Zealand Pharma's business model centers around the development and commercialization of its proprietary medicines, both independently and through strategic partnerships. By collaborating with larger pharmaceutical companies, Zealand enhances its global commercialization capabilities and mitigates the financial risks inherent in drug development. For instance, the company has partnered with multinational corporations, allowing it to tap into resources for advanced research, regulatory processes, and worldwide distribution systems. Revenue streams are diversified through milestone payments, royalties, and direct sales, ensuring a steady inflow of cash that supports continued innovation. This strategic approach not only sustains its operations but also propels its mission of delivering transformative healthcare solutions. In essence, Zealand Pharma thrives at the confluence of science and strategy, driving both its financial health and its contributions to the biopharmaceutical landscape.

ZEAL Intrinsic Value
512.44 DKK
Undervaluation 41%
Intrinsic Value
Price kr304
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