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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)

NAMEMARKET CAPENTERPRISE 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.

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.

Bagsvaerd
77,406 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Maziar Mike Doustdar