Bavarian Nordic AS (CHIX:BAVAC) Total Operating Expense: kr1,304 Mil (TTM As of Mar. 2026)


CHIX:BAVAC Bavarian Nordic AS CHIX:BAVAC
83 GF Score
Price kr188.30
GF Value kr162.05
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Bavarian Nordic AS Total Operating Expense?

Bavarian Nordic AS CHIX:BAVAC 83 Total Operating Expense is kr1,304 Mil as of Mar. 2026. GuruFocus rates CHIX:BAVAC with a GF Score™ of 83/100 and a GF Value™ of kr162.05 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Bavarian Nordic AS's Total Operating Expense for the three months ended in Mar. 2026 was kr481 Mil. Bavarian Nordic AS's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,304 Mil.


Bavarian Nordic AS Total Operating Expense Related Terms


Bavarian Nordic AS Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Bavarian Nordic AS's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bavarian Nordic AS Total Operating Expense Chart

Bavarian Nordic AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 883.86 1,772.05 3,100.51 1,878.99 1,244.21

Bavarian Nordic AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 421.76 542.66 -261.48 541.28 481.21
CHIX:BAVAC
83GF Score
Bavarian Nordic AS CHIX:BAVAC
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bavarian Nordic AS Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,304 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of kr1,304 Mil mean?
Bavarian Nordic AS (CHIX:BAVAC) has a Total Operating Expense of kr1,304 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Bavarian Nordic AS and its competitors.
Is Bavarian Nordic AS's Total Operating Expense too high?
Bavarian Nordic AS's current Total Operating Expense is kr1,304 Mil. Overall, Bavarian Nordic AS has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bavarian Nordic AS's Total Operating Expense compare to VRTX and REGN?
Bavarian Nordic AS's Total Operating Expense of kr1,304 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Biotechnology company?
A good Total Operating Expense depends on the Biotechnology industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Bavarian Nordic AS and its competitors. Bavarian Nordic AS's current Total Operating Expense is kr1,304 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bavarian Nordic AS stock overvalued right now?
Based on GuruFocus' analysis, Bavarian Nordic AS (CHIX:BAVAC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr162.05, compared to a current price of kr188.30 — trading 16.2% above its estimated fair value. The current Total Operating Expense is kr1,304 Mil. Bavarian Nordic AS's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Bavarian Nordic AS (CHIX:BAVAC), the current Total Operating Expense is kr1,304 Mil 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 Bavarian Nordic AS (CHIX:BAVAC) Overvalued in 2026?

Based on GuruFocus' analysis, Bavarian Nordic AS stock appears to be overvalued. The current stock price of kr188.30 is trading 16.2% above its estimated GF Value™ of kr162.05. GuruFocus considers Bavarian Nordic AS to be Modestly Overvalued.

Key valuation signals for CHIX:BAVAC:

  • Total Operating Expense: kr1,304 Mil
  • GF Value™: kr162.05 vs. price of kr188.30 (16.2% above fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the CHIX:BAVAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bavarian Nordic AS Business Description

Address Philip Heymans Alle 3, Hellerup, DNK, 2900
Bavarian Nordic AS is a biotechnology company focused on the research, development, manufacturing, and commercialization of life-saving vaccines. The group is a supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and has a portfolio of travel vaccines. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets. Its products include Encepur, Jynneos, Rabipur, Vaxchora, VIMKUNYA and Vivotif.
83GF Score

Get the complete analysis for CHIX:BAVAC

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr188.30
Price
kr162.05
GF Value