Novo Nordisk ASWBO:NNO2 +1.76%71 3-Year EPS without NRI Growth Rate is 25.80% as of Mar. 2026, which is 37% above its 10-year median of 18.80. GuruFocus rates WBO:NNO2 with a GF Score™ of 71/100 and a GF Value™ of €120.11 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 786 Drug Manufacturers companies, Novo Nordisk AS ranks better than 72.39% on this metric.
During the past 12 months, Novo Nordisk AS's average EPS without NRI Growth Rate was -1.50% per year.
During the past 3 years, the average EPS without NRI Growth Rate was 25.80% per year.
During the past 5 years, the average EPS without NRI Growth Rate was 25.60% per year.
During the past 10 years, the average EPS without NRI Growth Rate was 13.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
During the past 13 years, the highest 3-Year average EPS without NRI Growth Rate of Novo Nordisk AS was 38.20% per year. The lowest was -2.90% per year. And the median was 18.80% per year.
Novo Nordisk AS (WBO:NNO2) 3-Year EPS without NRI Growth Rate Explanation
EPS without NRI is the amount of earnings without non-recurring items per outstanding share of the company's stock.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists Earnings per share without Non-Recurring Items, which better reflects the company's underlying performance.
Novo Nordisk AS 3-Year EPS without NRI Growth Rate Related Terms
WBO:NNO2 vs LLY, JNJ, ABBV: 3-Year EPS without NRI Growth Rate Comparison
For the Drug Manufacturers - General subindustry, Novo Nordisk AS's 3-Year EPS without NRI Growth Rate, along with its competitors' market caps and 3-Year EPS without NRI Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Novo Nordisk AS 3-Year EPS without NRI Growth Rate vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Novo Nordisk AS's 3-Year EPS without NRI Growth Rate distribution charts can be found below:
* The bar in red indicates where Novo Nordisk AS's 3-Year EPS without NRI Growth Rate falls into.
Novo Nordisk AS 3-Year EPS without NRI Growth Rate Calculation
This is the 3-year average growth rate of EPS without NRI. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EPS without NRI growth rate.
What does a 3-Year EPS without NRI Growth Rate of 25.80% mean?
Novo Nordisk AS (WBO:NNO2) has a 3-Year EPS without NRI Growth Rate of 25.80% as of Mar. 2026. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Novo Nordisk AS and its competitors. This is 37% above median its historical median of 18.80. According to the industry distribution chart, Novo Nordisk AS ranks #217 out of 786 companies in the Drug Manufacturers industry, placing it in the top 27.6%.
Is Novo Nordisk AS's 3-Year EPS without NRI Growth Rate too high?
Novo Nordisk AS's current 3-Year EPS without NRI Growth Rate of 25.80% is 37% above median its 10-year median of 18.80. The Drug Manufacturers industry median 3-Year EPS without NRI Growth Rate is 9.60. Novo Nordisk AS's value of 25.80% is 168.8% above this industry median. Based on the distribution chart, Novo Nordisk AS ranks #217 out of 786 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Novo Nordisk AS has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Novo Nordisk AS's 3-Year EPS without NRI Growth Rate compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Novo Nordisk AS ranks #217 out of 786 companies for 3-Year EPS without NRI Growth Rate. This puts Novo Nordisk AS in the upper half of its industry. The industry median 3-Year EPS without NRI Growth Rate is 9.60. Novo Nordisk AS's value of 25.80% is 168.8% above this benchmark. While the company's 10-year median is 18.80 vs. the industry median of 9.60, Novo Nordisk AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EPS without NRI Growth Rate for a Drug Manufacturers company?
The median 3-Year EPS without NRI Growth Rate among Drug Manufacturers companies is 9.60, based on 786 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EPS without NRI Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EPS without NRI Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Novo Nordisk AS's current 3-Year EPS without NRI Growth Rate of 25.80% is 168.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year EPS without NRI Growth Rate mean?
A high 3-Year EPS without NRI Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EPS without NRI Growth Rate is the 3-year average growth rate of EPS without NRI. View historical data for Novo Nordisk AS and its competitors. For the Drug Manufacturers industry, the median 3-Year EPS without NRI Growth Rate is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novo Nordisk AS's current 3-Year EPS without NRI Growth Rate is 25.80%, which is 37% above median its own 10-year median of 18.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novo Nordisk AS stock overvalued right now?
Based on GuruFocus' analysis, Novo Nordisk AS (WBO:NNO2) is currently considered Significantly Undervalued. The stock's GF Value™ is €120.11, compared to a current price of €43.59 — trading 63.7% below its estimated fair value. The current 3-Year EPS without NRI Growth Rate is 25.80%, which is 37% above median its 10-year median of 18.80 and 168.8% above the Drug Manufacturers industry median of 9.60. Novo Nordisk AS's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EPS without NRI Growth Rate calculated?
3-Year EPS without NRI Growth Rate is calculated from a company's financial statements. For Novo Nordisk AS (WBO:NNO2), the current 3-Year EPS without NRI Growth Rate is 25.80% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Novo Nordisk AS (WBO:NNO2) Overvalued in 2026?
Based on GuruFocus' analysis, Novo Nordisk AS stock appears to be undervalued.
The current stock price of €43.59 is trading 63.7% below its estimated GF Value™ of €120.11.
GuruFocus considers Novo Nordisk AS to be Significantly Undervalued.
Key valuation signals for WBO:NNO2:
3-Year EPS without NRI Growth Rate: 25.80% (37% above median its 10-year median of 18.80)
GF Value™: €120.11 vs. price of €43.59 (63.7% below fair value)
Industry Position: 168.8% above the Drug Manufacturers median (#217 of 786)
No single metric tells the full story. See the WBO:NNO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
With roughly one-third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (contributing less than 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.
71GF Score
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3-Year EPS without NRI Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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