Thor Medical ASA banner
T

Thor Medical ASA
OSE:TRMED

Watchlist Manager
Thor Medical ASA
OSE:TRMED
Watchlist
Price: 4.425 NOK 4.12%
Market Cap: kr1.6B

P/E

-27
Current
167%
More Expensive
vs 3-y average of -10.1

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

P/E
-27
=
Market Cap
kr1.7B
/
Net Income
kr-58m

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

P/E
-27
=
Market Cap
kr1.7B
/
Net Income
kr-58m

Valuation Scenarios

Thor Medical ASA is trading above its industry average

If P/E returns to its Industry Average (151.4), the stock would be worth kr-24.8 (660% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-660%
Maximum Upside
No Upside Scenarios
Average Downside
409%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -27 kr4.43
0%
Industry Average 151.4 kr-24.8
-660%
Country Average 15.4 kr-2.53
-157%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

All Countries
Close
Earnings Growth PEG
NO
T
Thor Medical ASA
OSE:TRMED
Average P/E: 34.8
Negative Multiple: -27
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
89.2
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
24.2
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19.1
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.5
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.6
14%
1.2
NL
argenx SE
XBRU:ARGX
37.4
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
29.6
9%
3.3

Market Distribution

Lower than 100% of companies in Norway
Percentile
0th
Based on 534 companies
0th percentile
-27
Low
0 — 11.2
Typical Range
11.2 — 22.2
High
22.2 —
Distribution Statistics
Norway
Min 0
30th Percentile 11.2
Median 15.4
70th Percentile 22.2
Max 3 316.8

Thor Medical ASA
Glance View

Market Cap
1.6B 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
Undervaluation 5%
Intrinsic Value
Price kr4.425
T
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett