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Initiator Pharma A/S
STO:INIT

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Initiator Pharma A/S
STO:INIT
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Price: 3.24 SEK 3.51% Market Closed
Market Cap: kr221.8m

EV/IC

22.4
Current
61%
Cheaper
vs 3-y average of 58.1

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
22.4
=
Enterprise Value
kr156.5m
/
Invested Capital
kr5.7m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
22.4
=
Enterprise Value
kr156.5m
/
Invested Capital
kr5.7m

Valuation Scenarios

Initiator Pharma A/S is trading below its 3-year average

If EV/IC returns to its 3-Year Average (58.1), the stock would be worth kr8.4 (159% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-95%
Maximum Upside
+159%
Average Upside
58%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 22.4 kr3.24
0%
3-Year Average 58.1 kr8.4
+159%
5-Year Average 48.9 kr7.07
+118%
Industry Average 33.5 kr4.84
+49%
Country Average 1.1 kr0.15
-95%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
DK
Initiator Pharma A/S
STO:INIT
221.8m SEK 22.4 -13.4
FR
Pharnext SCA
OTC:PNEXF
6T USD -1 260 263.1 -160 127.7
US
Abbvie Inc
NYSE:ABBV
360.5B USD 4.4 86.1
US
Amgen Inc
NASDAQ:AMGN
182.2B USD 3.7 23.6
US
Gilead Sciences Inc
NASDAQ:GILD
159.9B USD 3.6 18.8
US
Epizyme Inc
F:EPE
94.1B EUR 966.7 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
107.5B USD 7.3 27.2
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
72.5B USD 5.4 16.1
NL
argenx SE
XBRU:ARGX
40.6B EUR 14.5 36.7
US
Seagen Inc
F:SGT
39.3B EUR 20.8 -61.8
AU
CSL Ltd
ASX:CSL
60.6B AUD 1.5 29.4
P/E Multiple
Earnings Growth PEG
DK
I
Initiator Pharma A/S
STO:INIT
Average P/E: 34
Negative Multiple: -13.4
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
86.1
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.6
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.8
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.2
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.1
14%
1.2
NL
argenx SE
XBRU:ARGX
36.7
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
29.4
9%
3.3

Market Distribution

Higher than 94% of companies in Denmark
Percentile
94th
Based on 438 companies
94th percentile
22.4
Low
0.1 — 0.6
Typical Range
0.6 — 1.9
High
1.9 —
Distribution Statistics
Denmark
Min 0.1
30th Percentile 0.6
Median 1.1
70th Percentile 1.9
Max 40.8

Initiator Pharma A/S
Glance View

Market Cap
221.8m SEK
Industry
Biotechnology

Initiator Pharma A/S is a clinical-stage biotechnology company, which engages in the development of novel therapeutics within the field of mono-amine reuptake transporters targeting central nervous system (CNS)-disorders. The firm focuses on developing drugs for treatment of erectile dysfunction.

INIT Intrinsic Value
8.14 SEK
Undervaluation 60%
Intrinsic Value
Price kr3.24
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