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.
ROIV
Roivant Sciences Ltd.
There isn't enough reported data to score ROIV yet.
NVO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Healthy |
NVO's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
ROIV Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Under pressure | |
| Strong |
ROIV's revenue and balance sheet are currently strong, but its profitability and cash flow are under pressure.
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.
ROIV PE Valuation
ROIV has no meaningful PE right now: it lost money over the past year.
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.
ROIV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect ROIV's revenue to grow, with its earnings and profitability holding steady. However, they disagree widely on these estimates.
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 has the edge over ROIV on earnings quality, reporting a profit while its opponent remains loss making.
ROIV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.57 | -$0.02 |
| Q2 2026 | -$0.47 | +$0.22 |
| Q1 2026 | -$0.54 | -$0.30 |
| Q4 2025 | -$1.16 | -$1.02 |
| Q3 2025 | -$0.55 | -110% |
| Q2 2025 | -$0.69 | -112% |
| Q1 2025 | -$0.24 | -105% |
| Q4 2024 | -$0.14 | -103% |
ROIV is still losing money, but far less than before: $0.57 per share over the past year, against $1.55 at its worst in late 2022.
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 has the edge over ROIV on sales, with more consistent year-over-year improvement.
| 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 has the edge over ROIV on profitability, with a higher operating margin.
ROIV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $35.1M | +2136% |
| Q2 2026 | $1.4M | -34% |
| Q1 2026 | $2.5M | -67% |
| Q4 2025 | $2M | -78% |
| Q3 2025 | $1.6M | -65% |
| Q2 2025 | $2.2M | -96% |
| Q1 2025 | $7.6M | -74% |
| Q4 2024 | $9M | -76% |
ROIV's revenue is recovering but still below its 2024 peak: $35M last quarter, up 2136% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -763% | +18730 points |
| Q2 2026 | -25381% | -12251 points |
| Q1 2026 | 16478% | +20242 points |
| Q4 2025 | -16966% | -13924 points |
| Q3 2025 | -19493% | -11857 points |
| Q2 2025 | -13130% | -12912 points |
| Q1 2025 | -3764% | -2845 points |
| Q4 2024 | -3043% | -16669 points |
ROIV's operating margin was −763% last quarter, up 18730 points from the same quarter a year ago.
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 has the edge over ROIV on cash generation, producing positive trailing cash flow while its opponent burns cash.
ROIV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $594.2M | +$787.7M |
| Q2 2026 | -$270.9M | -$62.5M |
| Q1 2026 | -$165.1M | +$8.3M |
| Q4 2025 | -$191.5M | +$17.5M |
| Q3 2025 | -$193.5M | +$74.3M |
| Q2 2025 | -$208.4M | -$14.6M |
| Q1 2025 | -$173.4M | -$64.6M |
| Q4 2024 | -$209.1M | +$1.7M |
ROIV has burned cash in almost every quarter: −$33M over the past year, against −$784M the year before.
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 ROIV 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.
ROIV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +2M shares |
| 1 year | +6.1% | +41.8M shares |
| 3 years | -6.2% | -47.5M shares |
| 5 years | +11% | +72.5M shares |
ROIV has 723M diluted shares, up 6.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $74.5M |
| Q2 2026 | $206.7M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $208.3M |
| Q1 2025 | $295.4M |
| Q4 2024 | $243.3M |
| Q3 2024 | $106.1M |
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).
ROIV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2024 | -0.5x | Net Cash |
| Q2 2024 | -1.2x | Net Cash |
| Q1 2024 | -1.4x | Net Cash |
| Q4 2023 | -1.5x | Net Cash |
ROIV has more cash than debt.
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).
ROIV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.8 | Neutral |
| Stochastic | 60.6 | Neutral |
ROIV's weekly RSI is 65 (neutral) and its Stochastic is 61 (neutral).
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.
ROIV PE vs Healthcare Sector
| Metric | ROIV | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 26x | — |
ROIV has no meaningful PE right now: it lost money over the past year.
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 bounced recently, but its long-term trend is still down: it's above its 8-week average, but 50% below its 200-week average.
ROIV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.6 | 9.3% above |
| 20 week MA | $36.3 | 10% above |
| 50 week MA | $30.6 | 31% above |
| 100 week MA | $21.6 | 85% above |
| 200 week MA | $16.0 | 149% above |
ROIV has the edge over NVO on trend strength, trading above more of its moving averages.
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 finished higher in four of the last six years, two of them by more than 50%. It's down 22% so far in 2026.
ROIV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.92 | $10.1 | +1.8% |
| 2021 | $10.1 | $12.0 | +18% |
| 2022 | $12.0 | $7.01 | -41% |
| 2023 | $7.01 | $11.2 | +60% |
| 2024 | $11.2 | $11.8 | +5.1% |
| 2025 | $11.8 | $22.2 | +88% |
| 2026 YTD | $22.2 | $40.0 | +80% |
ROIV has the edge over NVO on returns for 2026, with the stronger performance.