Novo Nordisk A/S (NVO) Enterprise Value (EV): $208.44B
The enterprise value (EV) for Novo Nordisk A/S (NVO) is $208.44B as of Wednesday, June 17, 2026.
NVO Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$208.44B
NVO Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Novo Nordisk A/S (NVO) | $193.39B | $208.44B |
| Amgen Inc. (AMGN)vs › | $187.59B | $221.57B |
| Thermo Fisher Scientific Inc. (TMO)vs › | $175.64B | $248.87B |
| Gilead Sciences, Inc. (GILD)vs › | $158.06B | $169.72B |
| Abbott Laboratories (ABT)vs › | $157.84B | $225.43B |
| Pfizer Inc. (PFE)vs › | $148.41B | $207.77B |
| Intuitive Surgical, Inc. (ISRG)vs › | $145.70B | $199.07B |
| Danaher Corporation (DHR)vs › | $128.06B | $175.72B |
| CVS Health Corporation (CVS)vs › | $127.73B | $185.63B |
| Stryker Corporation (SYK)vs › | $115.45B | $146.68B |
Enterprise Value Calculation
Market Cap
$193.39B
Total Debt
$19.20B
Cash
$4.15B
Enterprise Value
$208.44B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Novo Nordisk A/S Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Novo Nordisk A/S Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Novo Nordisk A/S (NVO)?
- The enterprise value (EV) for NVO stock is $208.44B.
Related Metrics
About Novo Nordisk A/S
Novo Nordisk A/S is a global pharmaceutical firm dedicated to the investigation, creation, manufacturing, and distribution of medicinal products across a vast international footprint. Its market presence extends throughout Europe, the Middle East, Africa, various parts of Asia (including Mainland China, Hong Kong, and Taiwan), and North America. The company's operations are structured into two principal business units: Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity Care division delivers therapies for diabetes, obesity, cardiovascular ailments, and other emerging therapeutic areas. Meanwhile, the Rare Disease division concentrates on providing treatments for rare blood disorders, uncommon endocrine conditions, and hormone replacement solutions. In addition to its core pharmaceutical offerings, Novo Nordisk produces specialized medical equipment such as insulin pens, growth hormone pens, and injection needles. It also pioneers smart digital solutions for diabetes management, including advanced insulin pens and the Dose Check application, designed to guide insulin dosage. The company engages in strategic alliances, notably a partnership with UNICEF to combat childhood obesity and a collaboration with Valo Health, Inc. to discover and advance novel drug pipelines in the cardiometabolic space. Founded in 1923, Novo Nordisk A/S is headquartered in Bagsvaerd, Denmark.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- CEO
- Maziar Mike Doustdar