Bavarian Nordic A/S (CPH:BAVA)

Bavarian Nordic Ratios and Metrics

Market cap in millions DKK. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 19, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	14,808	14,938	14,877	13,830	15,064	18,904
Market Cap Growth	24.35%	0.41%	7.57%	-8.19%	-20.32%	73.28%
Enterprise Value	12,655	12,093	13,119	12,428	12,787	17,200
Last Close Price	193.60	190.85	189.35	177.45	213.40	268.80
PE Ratio	13.05	10.86	15.06	9.38	-	-
Forward PE	18.38	18.22	9.77	10.96	10.85	276.17
PS Ratio	2.49	2.39	2.60	1.96	4.78	9.96
PB Ratio	1.17	1.16	1.30	1.34	2.11	2.56
P/TBV Ratio	2.17	2.16	2.93	3.59	12.48	12.04
P/FCF Ratio	6.98	5.94	7.97	14.16	-	-
P/OCF Ratio	6.28	5.49	7.63	12.36	68.46	-
EV/Sales Ratio	2.13	1.94	2.30	1.76	4.06	9.06
EV/EBITDA Ratio	8.87	7.31	8.21	4.73	44.04	480.48
EV/EBIT Ratio	16.46	11.69	12.40	5.85	-	-
EV/FCF Ratio	5.96	4.81	7.03	12.73	-	-
Debt / Equity Ratio	0.01	0.01	0.01	0.01	0.17	0.13
Debt / EBITDA Ratio	0.10	0.08	0.08	0.05	3.83	17.43
Debt / FCF Ratio	0.07	0.05	0.07	0.15	-	-
Net Debt / Equity Ratio	-0.17	-0.25	-0.18	-0.17	-0.23	-0.37
Net Debt / EBITDA Ratio	-1.54	-1.94	-1.28	-0.66	-5.66	-76.65
Net Debt / FCF Ratio	-1.01	-1.28	-1.10	-1.76	11.64	3.26
Asset Turnover	0.43	0.43	0.40	0.53	0.26	0.18
Inventory Turnover	1.20	1.31	1.46	1.92	2.07	2.65
Quick Ratio	3.50	2.62	1.21	1.33	1.48	2.18
Current Ratio	6.47	4.22	2.07	1.94	1.96	2.49
Return on Equity (ROE)	9.68%	11.33%	9.09%	16.87%	-4.78%	-7.58%
Return on Assets (ROA)	3.48%	4.41%	4.60%	9.93%	-0.36%	-1.88%
Return on Invested Capital (ROIC)	5.61%	8.31%	11.77%	29.93%	-1.40%	-7.52%
Return on Capital Employed (ROCE)	5.80%	7.70%	9.10%	18.40%	-0.70%	-3.10%
Earnings Yield	7.93%	9.21%	6.64%	10.67%	-2.31%	-2.46%
FCF Yield	14.33%	16.85%	12.55%	7.06%	-0.94%	-4.45%
Buyback Yield / Dilution	0.40%	0.10%	-1.82%	-8.94%	-11.59%	-16.76%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.