GMAB

Fundamental evaluation is encouraging with a 7.4/10 score. Core strengths include a healthy interest-coverage ratio (EBIT/Interest expense) of 15.48, indicating solid interest-payment capacity, and robust revenue momentum with Total Operating Revenue growing 21.11 YoY. Growth is complemented by positive Profit-MV and Cash-MV metrics. However, a high Days Sales Outstanding of 99.86 suggests potential inefficiencies in receivable collection, and PB-ROE at 1.85 places the stock in a higher valuation quartile. These factors collectively justify an Outperform stance with a note of caution on working-capital management.