Formycon AG

$ 19.74 0.71 %

Headquartered in Planegg, Germany, Formycon AG, founded in 1999 and formerly known as Nanohale AG until 2012, specializes in the development and commercialization of biosimilar medications. Its robust product pipeline includes FYB201, a biosimilar equivalent to Lucentis, which is intended for the treatment of neovascular age-related macular degeneration and other severe eye conditions. The company is also progressing with FYB202, a biosimilar of Stelara, currently undergoing Phase III clinical trials for various inflammatory diseases, including moderate to severe psoriasis, Crohn's disease, and ulcerative colitis. Additionally, FYB203, a biosimilar candidate for Eylea, is in Phase III clinical trials, aiming to address similar ocular diseases like neovascular age-related macular degeneration. Further endeavors include the development of FYB206 and FYB207, with the latter being an antiviral treatment for COVID-19. To ensure the stability of its numerous drug candidates, Formycon AG maintains a collaborative agreement with Leukocare AG.

CEO: Stefan Glombitza - https://www.formycon.com

Price objectif

-

Recommandation

-

DCF

$ -3.39

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FYB.DE vs S&P500

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Quick ratio

2.30

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

-5.39

may indicate that the company is undervalued or has poor growth prospects.

EPS

-3.66

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

-16.02 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

-3.12 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

8.12

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.02

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.60

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
4 indicates moderate financial health
Altman score
-0.02 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
1.29 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.01 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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