Subscribe

Bavarian Nordic A/S (BAVA.CO)

DKK184.00 +2.10 (+1.15%)
DK CPH Healthcare Biotechnology
Address Philip Heymans Alle 3 2900
Hellerup, DK
CEO Paul John Chaplin
IPO 2000-01-03
ISIN DK0015998017

Explore sections of this company profile

Also trades on NASDAQ Copenhagen · BAVA.CO (DKK) Other OTC · BVNKF (USD) Other OTC · BVNRY (USD)
Description

Hellerup, Denmark-based Bavarian Nordic A/S, founded in 1992, specializes in the research, production, and global distribution of vital, life-saving vaccines. The company's commercialized offerings include non-replicating vaccines for smallpox and monkeypox, marketed as IMVAMUNE, IMVANEX, and JYNNEOS. Additionally, their portfolio features Rabipur/RabAvert for rabies prevention, Encepur for tick-borne encephalitis, and MVABEA, an Ebola vaccine. Bavarian Nordic also maintains a robust pipeline of investigational treatments. This includes MVA-BN (freeze-dried), which has successfully completed Phase III clinical trials for smallpox; MVA-BN RSV, currently in Phase III development for respiratory syncytial virus; ABNCoV2, which completed Phase II trials targeting SARS-CoV-2; and TAEK-VAC, presently in Phase I/II trials for advanced HER2 and brachyury-expressing cancers. The firm engages in key partnerships, notably a license and collaboration agreement with AdaptVac, and licensing agreements with both the National Cancer Institute and the Public Health Service. Bavarian Nordic operates across a wide international footprint, with a presence in countries such as the United States, Germany, Belgium, France, Canada, the United Kingdom, Hong Kong, Saudi Arabia, Australia, Switzerland, and numerous other global markets.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
DKK184.00 +2.10 (+1.15%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
238.8K
Beta
0.96
Float Shares
68.18M
Free Float %
87.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-5.09% +0.27% -5.85% -1.93% +6.75% -2.33% +17.50% -10.46% -30.59% -22.99% +110.89%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
184.00
Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
8.61
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
2 / 10
No MOAT
Composite Rating
A+
Overall Score
5 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Biotechnology: +1.6%
    +8.0% Q1'26: -21.4% (vs Q1'25)
  • EPS growth Biotechnology: +29.7%
    +39.8% Q1'26: -91.9% (vs Q1'25)
  • FCF margin FCF growth · Biotechnology: +16.2%
    +18.3% Q1'26: -74.0% (vs Q1'25)
  • EBIT margin Biotechnology: +0.0%
    +14.9% Q1'26: -0.6% (vs Q1'25)
  • ROIC Biotechnology: -16.1%
    +7.3% Q1'26: -0.2% (vs Q1'25)
  • Share dilution Biotechnology: -3.4%
    -0.1% Q1'26: -4.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Biotechnology: 0.16×
    0.08× Q1'26: 0.21× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.95) × ERP
WACC = 99% × Ke + 1% × Kd (10.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 184.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
2 EPS Ana.
Dec 2027
4 Rev. Ana.
3 EPS Ana.
Dec 2028
3 Rev. Ana.
3 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
Revenue
1.02B
est: 1.02B (-0.3%)
1.01B
est: 1.04B (-3.2%)
1.37B
est: 1.30B (+5.8%)
500.62M
est: 509.48M (-1.7%)
662.49M
est: 599.95M (+10.4%)
1.85B
est: 1.90B (-2.5%)
1.90B
est: 1.95B (-2.7%)
3.15B
est: 3.10B (+1.6%)
7.06B
est: 6.08B (+16.1%)
5.72B
est: 5.58B (+2.4%)
6.17B
est: 6.10B (+1.2%)
5.38B
5.22B – 5.83B
-11.7% YoY
5.49B
5.17B – 5.73B
+2.0% YoY
5.92B
5.78B – 6.07B
+7.9% YoY
6.37B
6.09B – 6.78B
+7.6% YoY
6.49B
6.20B – 6.90B
+1.8% YoY
EBITDA
127.69M
est: 201.49M (-36.6%)
87.31M
est: 204.64M (-57.3%)
345.09M
est: 254.92M (+35.4%)
-300.47M
est: 100.28M (-399.6%)
-269.21M
est: 118.09M (-328.0%)
657.91M
est: 373.80M (+76.0%)
35.80M
est: 384.00M (-90.7%)
84.28M
est: 610.66M (-86.2%)
2.05B
est: 1.09B (+88.7%)
1.67B
est: 998.31M (+67.7%)
1.64B
est: 1.09B (+50.0%)
962.29M
933.09M – 1.04B
-11.7% YoY
981.58M
924.26M – 1.02B
+2.0% YoY
1.06B
1.03B – 1.08B
+7.9% YoY
1.14B
1.09B – 1.21B
+7.6% YoY
1.16B
1.11B – 1.23B
+1.8% YoY
EBIT
84.16M
est: 57.26M (+47.0%)
43.23M
est: 58.16M (-25.7%)
353.19M
est: 72.45M (+387.5%)
-342.10M
est: 28.50M (-1,300.4%)
-326.26M
est: 33.56M (-1,072.1%)
313.83M
est: 106.23M (+195.4%)
-302.37M
est: 109.13M (-377.1%)
-211.92M
est: 173.55M (-222.1%)
1.50B
est: 315.68M (+374.5%)
1.05B
est: 289.77M (+262.1%)
920.78M
est: 316.33M (+191.1%)
279.32M
270.84M – 302.47M
-11.7% YoY
284.92M
268.28M – 297.41M
+2.0% YoY
307.44M
300.00M – 314.88M
+7.9% YoY
330.79M
316.01M – 351.61M
+7.6% YoY
336.84M
321.79M – 358.04M
+1.8% YoY
Net Income
59.43M
est: 131.45M (-54.8%)
30.60M
est: 85.39M (-64.2%)
181.34M
est: 585.95M (-69.1%)
-361.93M
est: -675.40M (+46.4%)
-346.78M
est: -652.59M (+46.9%)
277.52M
est: 705.84M (-60.7%)
-464.78M
est: -375.63M (-23.7%)
-347.38M
est: -253.98M (-36.8%)
1.48B
est: 707.42M (+108.5%)
987.98M
est: 915.87M (+7.9%)
1.38B
est: 1.38B (+0.0%)
788.00M
556.45M – 968.02M
-42.7% YoY
808.68M
734.47M – 1.02B
+2.6% YoY
1.06B
922.36M – 1.39B
+30.7% YoY
928.53M
874.59M – 1.00B
-12.2% YoY
— – —
-100.0% YoY
SGA
217.06M
est: 214.58M (+1.2%)
212.77M
est: 217.93M (-2.4%)
207.94M
est: 271.47M (-23.4%)
213.68M
est: 106.80M (+100.1%)
226.89M
est: 125.76M (+80.4%)
563.93M
est: 398.08M (+41.7%)
484.70M
est: 408.95M (+18.5%)
588.96M
est: 650.33M (-9.4%)
872.43M
est: 1.15B (-23.9%)
1.02B
est: 1.05B (-3.5%)
1.23B
est: 1.15B (+7.0%)
1.02B
984.23M – 1.10B
-11.7% YoY
1.04B
974.91M – 1.08B
+2.0% YoY
1.12B
1.09B – 1.14B
+7.9% YoY
1.20B
1.15B – 1.28B
+7.6% YoY
1.22B
1.17B – 1.30B
+1.8% YoY
EPS
1.66
est: 1.68 (-1.4%)
0.79
est: 1.09 (-27.7%)
4.51
est: 7.50 (-39.9%)
-8.88
est: -8.65 (-2.7%)
-8.50
est: -8.36 (-1.7%)
5.13
est: 9.04 (-43.2%)
-7.37
est: -4.81 (-53.2%)
-4.93
est: -3.24 (-52.3%)
19.23
est: 9.07 (+112.0%)
12.61
est: 11.60 (+8.7%)
17.63
est: 21.81 (-19.2%)
9.78
7.13 – 12.41
-55.2% YoY
10.92
9.41 – 13.06
+11.6% YoY
14.40
11.82 – 17.84
+31.9% YoY
11.90
11.21 – 12.87
-17.4% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A+ 5/5 5/5 4/5 5/5 4/5 3/5 4/5
2026-05-11 A+ 5/5 5/5 4/5 5/5 4/5 3/5 4/5
2026-05-08 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-07 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-06 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-05-05 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-05-04 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-30 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-29 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-28 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-27 A+ 5/5 5/5 4/5 5/5 3/5 4/5 4/5
2026-04-24 A+ 4/5 5/5 4/5 5/5 3/5 3/5 4/5
2026-04-23 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-04-22 A 4/5 5/5 4/5 5/5 2/5 3/5 4/5
2026-04-21 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-20 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-17 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-16 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.63B
OE per share TTM
20.47
Owner's Yield
10.49%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
45.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 85 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
559.7K
Shares Outstanding
78.27M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Paul John Chaplin Chief Executive Officer & President 20M
Henrik Juuel Chief Financial Officer & Executive Vice President 12M male
Jean-Christophe May Executive Vice President & Chief Commercial Officer male
Nicole Seroff Vice President Corporate Communications female
Rolf Sass Sørensen Vice President of Investor Relations male
Russell Thirsk Executive Vice President & Chief Operating Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits