BNR

Burning Rock Biotech Limited

There isn't enough reported data to score BNR yet.

NVO

Novo Nordisk A/S

48
Fundamentals55/ 100
Valuation50/ 100
Upside potential58/ 100
Risk potential26/ 100

NVO's fundamentals are mixed: it turned 15% of its revenue into free cash flow, but its operating margin fell 3 points to 43%. Its PE isn't a useful guide right now because of how its recent earnings were reported.

BNR Fundamentals

MetricStatus
Under pressure
Under pressure
Under pressure
Unavailable

BNR's revenue, profitability and cash flow are currently under pressure. There isn't enough data to rate its balance sheet.

NVO Fundamentals

MetricStatus
Healthy
Strong
Stable
Healthy

NVO's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.

BNR PE Valuation

BNR has no meaningful PE right now: it lost money over the past year.

NVO PE Valuation

CHEAPFAIREXPENSIVE14x28x42x56x
CHEAPFAIREXPENSIVE14x28x42x56x
LevelPEPriceVs current
Current10x$40.65—
Cheap14x$53.56+32%
Fair27x$103+154%
Expensive39x$152+273%

Historical ranges are pointers, not guarantees.

NVO's PE is 10x, but its earnings don't support one, so it isn't a reliable read right now.

BNR Forward outlook

There aren't enough analyst estimates for BNR to show an outlook.

NVO Forward outlook

MetricOutlook
--
Stable
Growth
Weakening
Limited
Low

Analysts expect NVO's revenue to grow, but its profitability to weaken. However, they disagree widely on these estimates.

BNR Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $13.33 on Nov 12.

There is not enough scenario data to compare BNR and NVO's risk to reward.

NVO Risk to reward

ScenarioChangePrice
Upside+36%$55.48
Downside-26%$29.89

Calculated from the latest close: $40.65 on Nov 12.

There is not enough scenario data to compare BNR and NVO's risk to reward.

BNR Earnings Per Share

Q3 2023: $-103.73Q4 2023: $-95.81Q1 2024: $-86.44Q2 2024: $-83.02Q3 2024: $-62.55Q4 2024: $-50.59Q1 2025: $-34.68Q2 2025: $-20.23Q3 2025: $-17.38Q4 2025: $-7.77Q1 2026: $-8.45Q2 2026: $-9.65
Q3 2023: $-103.73Q4 2023: $-95.81Q1 2024: $-86.44Q2 2024: $-83.02Q3 2024: $-62.55Q4 2024: $-50.59Q1 2025: $-34.68Q2 2025: $-20.23Q3 2025: $-17.38Q4 2025: $-7.77Q1 2026: $-8.45Q2 2026: $-9.65
QuarterTTM EPSYoY
Q2 2026-$9.65+$10.58
Q1 2026-$8.45+$26.23
Q4 2025-$7.77+$42.82
Q3 2025-$17.38+$45.17
Q2 2025-$20.23+$62.79
Q1 2025-$34.68+$51.76
Q4 2024-$50.59+$45.22
Q3 2024-$62.55+$41.18

BNR is still losing money, but far less than before: $9.65 per share over the past year, against $216.37 at its worst in early 2020.

NVO Earnings Per Share

Q3 2023: $2.48Q4 2023: $2.77Q1 2024: $2.96Q2 2024: $2.98Q3 2024: $3.15Q4 2024: $3.36Q1 2025: $3.49Q2 2025: $3.71Q3 2025: $3.47Q4 2025: $3.42Q1 2026: $4.07Q2 2026: $3.89
Q3 2023: $2.48Q4 2023: $2.77Q1 2024: $2.96Q2 2024: $2.98Q3 2024: $3.15Q4 2024: $3.36Q1 2025: $3.49Q2 2025: $3.71Q3 2025: $3.47Q4 2025: $3.42Q1 2026: $4.07Q2 2026: $3.89
QuarterTTM EPSYoY
Q2 2026$3.89+4.9%
Q1 2026$4.07+17%
Q4 2025$3.42+1.8%
Q3 2025$3.47+10%
Q2 2025$3.71+24%
Q1 2025$3.49+18%
Q4 2024$3.36+21%
Q3 2024$3.15+27%

NVO has the edge over BNR on earnings quality, reporting a profit while its opponent remains loss making.

BNR Quarterly Revenue

Q3 2023: $19MQ4 2023: $18MQ1 2024: $19MQ2 2024: $20MQ3 2024: $19MQ4 2024: $19MQ1 2025: $20MQ2 2025: $22MQ3 2025: $20MQ4 2025: $19MQ1 2026: $16MQ2 2026: $20M
Q3 2023: $19MQ4 2023: $18MQ1 2024: $19MQ2 2024: $20MQ3 2024: $19MQ4 2024: $19MQ1 2025: $20MQ2 2025: $22MQ3 2025: $20MQ4 2025: $19MQ1 2026: $16MQ2 2026: $20M
QuarterRevenueYoY
Q2 2026$20.2M-9.2%
Q1 2026$16.2M-19%
Q4 2025$19M+0.2%
Q3 2025$19.8M+2.3%
Q2 2025$22.3M+9.6%
Q1 2025$20M+5.9%
Q4 2024$18.9M+4.1%
Q3 2024$19.3M+0.8%

BNR's revenue is shrinking: $20M last quarter, down 9.2% from the same quarter a year ago.

NVO Quarterly Revenue

Q3 2023: $8.7BQ4 2023: $9.8BQ1 2024: $9.7BQ2 2024: $10.1BQ3 2024: $10.6BQ4 2024: $12.7BQ1 2025: $11.6BQ2 2025: $11.4BQ3 2025: $11.1BQ4 2025: $11.8BQ1 2026: $14.4BQ2 2026: $11.7B
Q3 2023: $8.7BQ4 2023: $9.8BQ1 2024: $9.7BQ2 2024: $10.1BQ3 2024: $10.6BQ4 2024: $12.7BQ1 2025: $11.6BQ2 2025: $11.4BQ3 2025: $11.1BQ4 2025: $11.8BQ1 2026: $14.4BQ2 2026: $11.7B
QuarterRevenueYoY
Q2 2026$11.7B+2.1%
Q1 2026$14.4B+24%
Q4 2025$11.8B-7.6%
Q3 2025$11.1B+5.1%
Q2 2025$11.4B+13%
Q1 2025$11.6B+19%
Q4 2024$12.7B+30%
Q3 2024$10.6B+21%

NVO has the edge over BNR on sales, with more consistent year-over-year improvement.

BNR Free Cash Flow

Q3 2023: −$7MQ4 2023: −$4MQ1 2024: −$6MQ2 2024: −$6MQ3 2024: −$5MQ4 2024: $2MQ1 2025: −$4MQ2 2025: −$7MQ3 2025: $2MQ4 2025: $3MQ1 2026: −$4MQ2 2026: −$3M
Q3 2023: −$7MQ4 2023: −$4MQ1 2024: −$6MQ2 2024: −$6MQ3 2024: −$5MQ4 2024: $2MQ1 2025: −$4MQ2 2025: −$7MQ3 2025: $2MQ4 2025: $3MQ1 2026: −$4MQ2 2026: −$3M
QuarterFree cash flowYoY
Q2 2026-$3.4M+$3.3M
Q1 2026-$4.4M-$867K
Q4 2025$2.7M+30%
Q3 2025$2.5M+$7M
Q2 2025-$6.7M-$527.2K
Q1 2025-$3.5M+$2.5M
Q4 2024$2M+$5.7M
Q3 2024-$4.5M+$2.6M

BNR has burned cash in almost every quarter: −$3M over the past year, against −$13M the year before.

NVO Free Cash Flow

Q3 2023: $4.5BQ4 2023: −$1BQ1 2024: $788MQ2 2024: $5.5BQ3 2024: $4.7BQ4 2024: −$633MQ1 2025: $1.5BQ2 2025: $3.6BQ3 2025: $4.6BQ4 2025: −$5.4BQ1 2026: $1.8BQ2 2026: $6.3B
Q3 2023: $4.5BQ4 2023: −$1BQ1 2024: $788MQ2 2024: $5.5BQ3 2024: $4.7BQ4 2024: −$633MQ1 2025: $1.5BQ2 2025: $3.6BQ3 2025: $4.6BQ4 2025: −$5.4BQ1 2026: $1.8BQ2 2026: $6.3B
QuarterFree cash flowYoY
Q2 2026$6.3B+73%
Q1 2026$1.8B+20%
Q4 2025-$5.4B-$4.7B
Q3 2025$4.6B-2.1%
Q2 2025$3.6B-34%
Q1 2025$1.5B+89%
Q4 2024-$632.6M+$390.5M
Q3 2024$4.7B+3.3%

NVO has the edge over BNR on cash generation, producing positive trailing cash flow while its opponent burns cash.

BNR Total Shares

Q3 2023: 1MQ4 2023: 1MQ1 2024: 1MQ2 2024: 1MQ3 2024: 1MQ4 2024: 1MQ1 2025: 1MQ2 2025: 1MQ3 2025: 1MQ4 2025: 1MQ1 2026: 1MQ2 2026: 1M
Q3 2023: 1MQ4 2023: 1MQ1 2024: 1MQ2 2024: 1MQ3 2024: 1MQ4 2024: 1MQ1 2025: 1MQ2 2025: 1MQ3 2025: 1MQ4 2025: 1MQ1 2026: 1MQ2 2026: 1M
PeriodChange %Net change
Quarterly+3.2%+34.1K shares
1 year+0.9%+9.2K shares
3 years+6%+61.3K shares
5 years+4.3%+45.2K shares
Available history+369%+854K shares

BNR has 1M diluted shares, up 0.9% from a year ago.

NVO Total Shares

Q3 2023: 4.5BQ4 2023: 4.5BQ1 2024: 4.5BQ2 2024: 4.5BQ3 2024: 4.5BQ4 2024: 4.5BQ1 2025: 4.4BQ2 2025: 4.4BQ3 2025: 4.4BQ4 2025: 4.4BQ1 2026: 4.4BQ2 2026: 4.4B
Q3 2023: 4.5BQ4 2023: 4.5BQ1 2024: 4.5BQ2 2024: 4.5BQ3 2024: 4.5BQ4 2024: 4.5BQ1 2025: 4.4BQ2 2025: 4.4BQ3 2025: 4.4BQ4 2025: 4.4BQ1 2026: 4.4BQ2 2026: 4.4B
PeriodChange %Net change
Quarterly-0.3%-12.9M shares
1 year-0.2%-11M shares
3 years-1.5%-66.8M shares
5 years-3.8%-177M shares
Available history-6.5%-311M shares

NVO has the edge over BNR on shareholder dilution, with a more favorable share count trend.

BNR Net Leverage

BNR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.

NVO Net Leverage

Q3 2023: -0.0xQ4 2023: 0.1xQ1 2024: 0.2xQ2 2024: 0.0xQ3 2024: -0.0xQ4 2024: 0.6xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.4xQ4 2025: 0.6xQ1 2026: 0.7xQ2 2026: 0.5x
Q3 2023: -0.0xQ4 2023: 0.1xQ1 2024: 0.2xQ2 2024: 0.0xQ3 2024: -0.0xQ4 2024: 0.6xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.4xQ4 2025: 0.6xQ1 2026: 0.7xQ2 2026: 0.5x
QuarterNet LeverageStatus
Q2 20260.5xVery low
Q1 20260.7xVery low
Q4 20250.6xVery low
Q3 20250.4xVery low
Q2 20250.5xVery low
Q1 20250.5xVery low
Q4 20240.6xVery low
Q3 2024-0.0xVery low

NVO's net debt is less than a year of its operating earnings (EBITDA).

BNR Weekly Momentum

MetricValueStatus
RSI50.4Neutral
Stochastic34.9Neutral

BNR's weekly RSI is 50 (neutral) and its Stochastic is 35 (neutral).

NVO Weekly Momentum

MetricValueStatus
RSI43.0Neutral
Stochastic27.0Neutral

NVO's weekly RSI is 43 (neutral) and its Stochastic is 27 (neutral).

BNR PE vs Healthcare Sector

BNR has no meaningful PE right now: it lost money over the past year.

NVO PE vs Healthcare Sector

MetricNVOSector medianRelative
PE10x26x60% below
PE %62923 pts below

NVO is trading at 10x earnings, a 60% discount to the Healthcare sector's median of 26x, though its earnings don't support one.

BNR Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$14.15.4% below
20 week MA$11.912% above
50 week MA$16.720% below
100 week MA$11.714% above
200 week MA$12.56.9% above

BNR has the edge over NVO on trend strength, trading above more of its moving averages.

NVO Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$39.23.7% above
20 week MA$43.97.4% below
50 week MA$45.310% below
100 week MA$56.328% below
200 week MA$80.750% below

NVO has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 50% below its 200-week average.

BNR Yearly ROI

YearStart priceEnd priceROI
2020$246.3$257.5+4.5%
2021$257.5$105.0-59%
2022$105.0$20.8-80%
2023$20.8$9.30-55%
2024$9.30$7.14-23%
2025$7.14$21.2+197%
2026 YTD$21.2$13.3-37%

BNR's yearly returns have swung widely, from +197% in 2025 to −80% in 2022. It's down 37% so far in 2026.

NVO Yearly ROI

YearStart priceEnd priceROI
2020$29.1$34.7+19%
2021$34.7$54.2+56%
2022$54.2$67.0+24%
2023$67.0$103.5+54%
2024$103.5$87.4-16%
2025$87.4$52.4-40%
2026 YTD$52.4$40.7-22%

NVO has the edge over BNR on returns for 2026, with the stronger performance.

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