MOLN
Molecular Partners AG
There isn't enough reported data to score MOLN yet.
NVO
Novo Nordisk A/S
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.
MOLN Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| Unavailable | |
| Unavailable |
MOLN's profitability is currently under pressure. There isn't enough data to rate its revenue, cash flow and balance sheet.
NVO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Healthy |
NVO's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
MOLN PE Valuation
MOLN has no meaningful PE right now: it lost money over the past year.
NVO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 10x | $40.65 | — |
| Cheap | 14x | $53.56 | +32% |
| Fair | 27x | $103 | +154% |
| Expensive | 39x | $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.
MOLN Forward outlook
There aren't enough analyst estimates for MOLN to show an outlook.
NVO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Growth | |
| Weakening | |
| Limited | |
| Low |
Analysts expect NVO's revenue to grow, but its profitability to weaken. However, they disagree widely on these estimates.
MOLN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | -$1.99 | -$0.08 |
| Q2 2025 | -$2.15 | -$0.04 |
| Q4 2024 | -$1.91 | +$0.37 |
| Q2 2024 | -$2.11 | +$0.15 |
| Q4 2023 | -$2.28 | -154% |
| Q4 2022 | $4.26 | +$6.74 |
| Q4 2021 | -$2.48 | +$0.65 |
| Q4 2020 | -$3.13 | -$1.08 |
NVO has the stronger earnings trend. Trailing diluted EPS is down 187% for MOLN versus NVO up 4.9%.
NVO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| 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's earnings per share have climbed steadily: $3.89 over the past year, up 4.9% from the year before, and higher year over year every quarter since late 2020.
MOLN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2024 | $819.8K | -81% |
| Q2 2024 | $5.2M | +24% |
| Q4 2023 | $4.3M | -29% |
| Q2 2023 | $4.2M | -98% |
| Q4 2022 | $6.1M | -48% |
| Q4 2021 | $11.7M | +531% |
| Q4 2020 | $1.9M | -55% |
| Q3 2020 | $340.7K | -92% |
NVO has the stronger quarterly revenue trend. Revenue is down 100% for MOLN versus up 2.1% for NVO.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2024 | -4315% | -3729 points |
| Q2 2024 | -742% | -822 points |
| Q4 2023 | -843% | -193 points |
| Q2 2023 | -894% | +405 points |
| Q4 2022 | -586% | +4775 points |
| Q2 2022 | 79% | +372 points |
| Q4 2021 | -650% | -329 points |
| Q4 2020 | -1299% | -944 points |
MOLN's operating margin was −4315% last quarter, down 3729 points from the same quarter a year ago, near the bottom of its range since 2016.
NVO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 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's revenue is growing: $11.7B last quarter, up 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 34% | -9 points |
| Q1 2026 | 62% | +12 points |
| Q4 2025 | 40% | -2.8 points |
| Q3 2025 | 32% | -16 points |
| Q2 2025 | 44% | +5.4 points |
| Q1 2025 | 50% | +1 points |
| Q4 2024 | 43% | +2.2 points |
| Q3 2024 | 47% | +1.6 points |
NVO's operating margin was 34% last quarter, down 9 points from the same quarter a year ago, near the bottom of its range since 2019.
MOLN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$25.6M | +$6.8M |
| Q2 2025 | -$37M | +$2.8M |
| Q4 2024 | -$32.3M | +$3.3M |
| Q2 2024 | -$39.8M | -$3.7M |
| Q4 2023 | -$35.6M | +$4.3M |
| Q2 2023 | -$36.1M | -120% |
| Q4 2022 | -$39.9M | +$70.7M |
| Q4 2021 | -$110.6M | -4638% |
NVO has the stronger cash trend. Its trailing FCF is down 14% versus its history, compared with MOLN at down 283%.
NVO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| 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 still generates free cash flow, though less than at its 2026 peak: $7.3B over the past year.
MOLN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +136K shares |
| 1 year | +14% | +4.5M shares |
| 3 years | +72% | +15.6M shares |
| 5 years | +77% | +16.2M shares |
| Available history | +84% | +17M shares |
MOLN has 37M diluted shares, up 14% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
| Q3 2019 | — |
| Q2 2019 | — |
| Q1 2019 | — |
NVO Total Shares
| Period | Change % | 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 MOLN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $520M |
| Q1 2026 | $356.7M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $206.3M |
| Q4 2024 | $1.1B |
| Q3 2024 | $357.4M |
NVO spent $877M buying back its own shares over the past year, down 48% from the year before.
MOLN Net Leverage
MOLN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NVO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | -0.0x | Very low |
NVO's net debt is less than a year of its operating earnings (EBITDA).
MOLN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.2 | Neutral |
| Stochastic | 4.6 | Oversold |
MOLN's weekly RSI is 30 (neutral) and its Stochastic is 5 (oversold).
NVO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 27.0 | Neutral |
NVO's weekly RSI is 43 (neutral) and its Stochastic is 27 (neutral).
MOLN PE vs Healthcare Sector
| Metric | MOLN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 26x | — |
MOLN has no meaningful PE right now: it lost money over the past year.
NVO PE vs Healthcare Sector
| Metric | NVO | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 26x | 60% below |
| PE % | 6 | 29 | 23 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.
MOLN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.64 | 17% below |
| 20 week MA | $3.94 | 24% below |
| 50 week MA | $4.15 | 27% below |
| 100 week MA | $4.15 | 27% below |
| 200 week MA | $4.79 | 37% below |
MOLN is in a downtrend: it's below all five of its weekly moving averages, and 37% below its 200-week average.
NVO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $39.2 | 3.7% above |
| 20 week MA | $43.9 | 7.4% below |
| 50 week MA | $45.3 | 10% below |
| 100 week MA | $56.3 | 28% below |
| 200 week MA | $80.7 | 50% below |
NVO has the edge over MOLN on trend strength, trading above more of its moving averages.
MOLN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $19.3 | $20.2 | +4.9% |
| 2022 | $20.2 | $6.55 | -68% |
| 2023 | $6.55 | $4.18 | -36% |
| 2024 | $4.18 | $5.30 | +27% |
| 2025 | $5.30 | $4.23 | -20% |
| 2026 YTD | $4.23 | $3.01 | -29% |
MOLN has finished lower in three of the last five years. It's down 29% so far in 2026.
NVO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 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 MOLN on returns for 2026, with the stronger performance.