company background image
FYB logo

Formycon XTRA:FYB Stock Report

Last Price

€62.70

Market Cap

€1.1b

7D

15.5%

1Y

19.4%

Updated

10 Jan, 2025

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Formycon AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Formycon
Historical stock prices
Current Share Price€62.70
52 Week High€62.00
52 Week Low€37.65
Beta0.82
1 Month Change14.84%
3 Month Change22.22%
1 Year Change19.43%
3 Year Change28.88%
5 Year Change92.92%
Change since IPO604.49%

Recent News & Updates

Recent updates

A Look At The Fair Value Of Formycon AG (ETR:FYB)

Jul 20
A Look At The Fair Value Of Formycon AG (ETR:FYB)

Formycon AG's (ETR:FYB) Prospects Need A Boost To Lift Shares

May 29
Formycon AG's (ETR:FYB) Prospects Need A Boost To Lift Shares

We Believe Formycon's (ETR:FYB) Earnings Are A Poor Guide For Its Profitability

May 03
We Believe Formycon's (ETR:FYB) Earnings Are A Poor Guide For Its Profitability

Some Confidence Is Lacking In Formycon AG's (ETR:FYB) P/S

Jan 19
Some Confidence Is Lacking In Formycon AG's (ETR:FYB) P/S

We Think Formycon (ETR:FYB) Needs To Drive Business Growth Carefully

Dec 23
We Think Formycon (ETR:FYB) Needs To Drive Business Growth Carefully

Formycon AG's (ETR:FYB) Share Price Not Quite Adding Up

Sep 26
Formycon AG's (ETR:FYB) Share Price Not Quite Adding Up

We Think You Should Be Aware Of Some Concerning Factors In Formycon's (ETR:FYB) Earnings

Nov 05
We Think You Should Be Aware Of Some Concerning Factors In Formycon's (ETR:FYB) Earnings

We're Hopeful That Formycon (ETR:FYB) Will Use Its Cash Wisely

Sep 04
We're Hopeful That Formycon (ETR:FYB) Will Use Its Cash Wisely

Analysts Just Published A Bright New Outlook For Formycon AG's (ETR:FYB)

Jul 13
Analysts Just Published A Bright New Outlook For Formycon AG's (ETR:FYB)

Bearish: Analysts Just Cut Their Formycon AG (ETR:FYB) Revenue and EPS estimates

Jun 02
Bearish: Analysts Just Cut Their Formycon AG (ETR:FYB) Revenue and EPS estimates

Here's Why We're Not Too Worried About Formycon's (ETR:FYB) Cash Burn Situation

May 23
Here's Why We're Not Too Worried About Formycon's (ETR:FYB) Cash Burn Situation

Here's Why We're Not At All Concerned With Formycon's (ETR:FYB) Cash Burn Situation

Feb 01
Here's Why We're Not At All Concerned With Formycon's (ETR:FYB) Cash Burn Situation

We Think Formycon (ETR:FYB) Can Easily Afford To Drive Business Growth

Sep 25
We Think Formycon (ETR:FYB) Can Easily Afford To Drive Business Growth

We're Interested To See How Formycon (ETR:FYB) Uses Its Cash Hoard To Grow

May 19
We're Interested To See How Formycon (ETR:FYB) Uses Its Cash Hoard To Grow

Is Formycon's (ETR:FYB) 179% Share Price Increase Well Justified?

Jan 04
Is Formycon's (ETR:FYB) 179% Share Price Increase Well Justified?

Shareholder Returns

FYBDE BiotechsDE Market
7D15.5%5.5%1.2%
1Y19.4%-3.7%10.1%

Return vs Industry: FYB exceeded the German Biotechs industry which returned -3.7% over the past year.

Return vs Market: FYB exceeded the German Market which returned 10.1% over the past year.

Price Volatility

Is FYB's price volatile compared to industry and market?
FYB volatility
FYB Average Weekly Movement5.7%
Biotechs Industry Average Movement7.4%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.5%
10% least volatile stocks in DE Market2.4%

Stable Share Price: FYB has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: FYB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999239Stefan Glombitzawww.formycon.com

Formycon AG, a biotechnology company, develops biosimilar drugs in Germany and Switzerland. It provides FYB201, a biosimilar candidate for Lucentis, an ophthalmic drug used in the treatment of neovascular age-related macular degeneration and other serious retinal diseases, including diabetic macular edema, choroidal neovascularization, proliferative diabetic retinopathy, and macular edema under the Ranivisio, Ongavia, Cimerli, Ranpoto, Uptera, and Ravegza names. The company’s pipeline includes FYB202, a biosimilar candidate for Stelara used in the treatment of Psoriasis, Crohn’s disease, and ulcerative colitis which has completed the Phase III clinical trial; and FYB203, a biosimilar candidate for Eylea that treats ophthalmology related diseases, including neovascular age-related macular degeneration that has completed Phase III clinical trials.

Formycon AG Fundamentals Summary

How do Formycon's earnings and revenue compare to its market cap?
FYB fundamental statistics
Market cap€1.09b
Earnings (TTM)€63.90m
Revenue (TTM)€60.80m

17.3x

P/E Ratio

18.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FYB income statement (TTM)
Revenue€60.80m
Cost of Revenue€53.22m
Gross Profit€7.58m
Other Expenses-€56.32m
Earnings€63.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Mar 27, 2025

Earnings per share (EPS)3.62
Gross Margin12.46%
Net Profit Margin105.09%
Debt/Equity Ratio0%

How did FYB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 19:57
End of Day Share Price 2025/01/10 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Formycon AG is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerhard OrgonasBerenberg
Benjamin ThielmannBerenberg
Simon ScholesFirst Berlin Equity Research GmbH