Novonesis (Novozymes) B Class B NSIS B

Morningstar Rating
DKK 416.00 +3.00 (0.73%)
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Company Report

Wide-Moat Novonesis Is the Dominant Leader in the Attractive Biosolutions Market

Novonesis, created in 2024 through the merger of Novozymes and Chr. Hansen, is the global leader in the industrial enzymes and microbial solutions, or cultures, markets. Enzymes are biological catalysts that allow customers across many different industries to achieve greater yields, better performance, or lower costs for products and production processes, primarily by reducing raw material and energy requirements. Its microbial solutions portfolio caters to the food, beverage, agriculture, and human health end markets. Its products are essential for the fermentation process in dairy and for providing health benefits for dietary supplements and infant nutrition.

Price vs Fair Value

NSIS B is trading at a LOCK|>MRSxx@ premium.
Price
DKK 416.00
Fair Value
&Zn
Uncertainty
LOCK|GWlJZ
1-Star Price
%CY
5-Star Price
#zp
Economic Moat
LOCK|w?
Capital Allocation
LOCK|pXxm@?

Bulls Say, Bears Say

Bulls

Novonesis holds a dominant market position in enzymes and cultures, with nearly 50% market share in both, supported by an enviable portfolio of patents and an unmatched library of strains and enzyme classes.

Bears

Novonesis' core markets offer relatively low growth prospects, which means the company is now relying more on new markets and inorganic growth initiatives.

Trading Information

Previous Close Price
DKK 413.00
Day Range
DKK 408.10–418.30
52-Week Range
DKK 336.80–465.00
Bid/Ask
DKK 416.80 / DKK 417.40
Shares Outstanding
466.47M
Market Cap
DKK 194.05B
Volume/Avg
802,670 / 548,803

Key Statistics

Price/Earnings (Normalized)
28.49
Price/Sales
6.01
Dividend Yield (Trailing)
1.59%
Dividend Yield (Forward)
1.59%
Dividend Payment Schedule
Mar, Aug
Total Yield
1.59%

Company Profile

Novonesis was formed in 2024 through the merger of Novozymes and Chr. Hansen. Following the merger, the company became the world leader in industrial enzymes and microbial solutions, with a nearly 50% market share in both. The firm supplies a wide range of industry groups: household care, food and beverages, bioenergy, agriculture and feed, technical and pharmaceuticals. Its biological solutions create value for its customers by improving yield efficiency and performance, while saving energy and generating less waste. The company is headquartered in Denmark, employs more than 11,000 people, and works across more than 30 research and development and application centers and 23 manufacturing sites.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Large Growth
Total Number of Employees
11,641

Competitors

Valuation

Metric
NSIS B
GIVN
DSFIR
Price/Earnings (Normalized)
28.4930.9012.28
Price/Book Value
2.317.001.33
Price/Sales
6.014.193.38
Price/Cash Flow
20.4621.2617.45
Price/Earnings
NSIS B
GIVN
DSFIR

Financial Strength

Metric
NSIS B
GIVN
DSFIR
Quick Ratio
1.040.700.82
Current Ratio
1.741.291.75
Interest Coverage
16.8010.87—
Quick Ratio
NSIS B
GIVN
DSFIR

Profitability

Metric
NSIS B
GIVN
DSFIR
Return on Assets (Normalized)
5.52%9.24%—
Return on Equity (Normalized)
8.34%24.97%—
Return on Invested Capital (Normalized)
6.76%12.86%—
Return on Assets
NSIS B
GIVN
DSFIR

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