Novozymes Ratios and Metrics

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	163,349	189,890	189,431	102,816	97,304	148,795
Market Cap Growth	-19.22%	0.24%	84.24%	5.67%	-34.61%	51.92%
Enterprise Value	183,739	210,998	202,332	109,201	103,220	153,514
Last Close Price	350.60	407.80	401.39	361.92	332.36	500.75
PE Ratio	37.56	43.57	83.06	33.98	26.47	47.30
Forward PE	22.21	26.35	30.19	26.86	28.58	45.11
PS Ratio	5.26	6.12	6.63	5.74	5.54	9.95
PB Ratio	2.01	2.34	2.27	7.16	6.84	12.19
P/TBV Ratio	-	-	22.05	10.88	10.65	21.87
P/FCF Ratio	26.95	31.32	37.27	44.79	78.09	49.75
P/OCF Ratio	17.91	20.82	24.91	24.76	24.29	36.63
PEG Ratio	5.96	2.42	3.10	4.26	4.10	10.95
EV/Sales Ratio	5.92	6.80	7.08	6.10	5.88	10.27
EV/EBITDA Ratio	16.08	18.39	19.56	18.38	18.04	30.33
EV/EBIT Ratio	25.76	29.38	32.19	23.98	23.04	39.42
EV/FCF Ratio	30.31	34.81	39.80	47.57	82.84	51.33
Debt / Equity Ratio	0.28	0.28	0.16	0.54	0.49	0.52
Debt / EBITDA Ratio	1.96	1.96	1.30	1.31	1.19	1.22
Debt / FCF Ratio	3.70	3.70	2.64	3.39	5.58	2.11
Net Debt / Equity Ratio	0.25	0.25	0.14	0.46	0.42	0.44
Net Debt / EBITDA Ratio	1.78	1.78	1.09	1.12	1.03	1.06
Net Debt / FCF Ratio	3.36	3.36	2.23	2.90	4.74	1.79
Asset Turnover	0.26	0.26	0.40	0.64	0.67	0.66
Inventory Turnover	2.48	2.48	3.05	2.20	2.34	2.36
Quick Ratio	0.43	0.43	1.05	0.75	0.75	0.84
Current Ratio	0.72	0.72	1.73	1.31	1.33	1.38
Return on Equity (ROE)	5.30%	5.30%	4.67%	21.27%	27.89%	26.82%
Return on Assets (ROA)	3.81%	3.81%	5.54%	10.10%	10.62%	10.75%
Return on Invested Capital (ROIC)	5.56%	5.75%	7.97%	17.18%	19.24%	19.23%
Return on Capital Employed (ROCE)	7.10%	7.10%	6.00%	21.50%	21.30%	20.40%
Earnings Yield	2.67%	2.30%	1.20%	2.94%	3.78%	2.11%
FCF Yield	3.71%	3.19%	2.68%	2.23%	1.28%	2.01%
Dividend Yield	1.85%	1.59%	1.54%	-	1.80%	1.10%
Payout Ratio	69.00%	69.00%	81.66%	93.37%	41.46%	46.57%
Buyback Yield / Dilution	-68.00%	-68.00%	-0.64%	0.30%	0.53%	0.64%
Total Shareholder Return	-66.15%	-66.41%	0.90%	0.30%	2.34%	1.74%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.