Formycon AG engages in the development and marketing of biosimilar products.
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Formycon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FYB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FYB underperformed the German Biotechs industry which returned 2.8% over the past year.
Return vs Market: FYB underperformed the German Market which returned 6.5% over the past year.
Price Volatility Vs. Market
How volatile is Formycon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StIntroducing Formycon (FRA:FYB), The Stock That Soared 344% In The Last Five Years
8 months ago | Simply Wall StWhy Formycon AG (FRA:FYB) Could Have A Place In Your Portfolio
9 months ago | Simply Wall StBoasting A 21% Return On Equity, Is Formycon AG (FRA:FYB) A Top Quality Stock?
Is Formycon undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FYB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate FYB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: FYB is unprofitable, so we can't compare its PE Ratio to the Biotechs industry average.
PE vs Market: FYB is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FYB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FYB is overvalued based on its PB Ratio (5.2x) compared to the DE Biotechs industry average (3.2x).
How is Formycon forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FYB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FYB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FYB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FYB's revenue is expected to decline over the next 3 years (-2.5% per year).
High Growth Revenue: FYB's revenue is forecast to decline over the next 3 years (-2.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FYB's Return on Equity is forecast to be high in 3 years time
How has Formycon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FYB is currently unprofitable.
Growing Profit Margin: FYB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FYB is unprofitable, but has reduced losses over the past 5 years at a rate of 35% per year.
Accelerating Growth: Unable to compare FYB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FYB is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-4.7%).
Return on Equity
High ROE: FYB has a negative Return on Equity (-2.38%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Formycon's financial position?
Financial Position Analysis
Short Term Liabilities: FYB's short term assets (€28.3M) exceed its short term liabilities (€3.5M).
Long Term Liabilities: FYB's short term assets (€28.3M) exceed its long term liabilities (€702.1K).
Debt to Equity History and Analysis
Debt Level: FYB is debt free.
Reducing Debt: FYB had no debt 5 years ago.
Inventory Level: FYB has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if FYB's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if FYB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FYB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Formycon's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate FYB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FYB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FYB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FYB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FYB's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Carsten Brockmeyer 0
Dr. Carsten Brockmeyer, PhD, has been Chief Executive Officer and Member of Executive Board at Formycon AG since April 16, 2013 and served as its Chairman of Executive Board. Dr. Brockmeyer has more than 2 ...
|Member of Advisory Board||5.9yrs||no data||no data|
|Member of Advisory Board||6.3yrs||no data||no data|
|Deputy Chairman of Supervisory Board||0yrs||no data||no data|
|Chairman of Supervisory Board||0yrs||no data||no data|
|Member of Supervisory Board||0yrs||no data||no data|
|Member of Advisory Board||4yrs||no data||no data|
|Member of Advisory Board||1.5yrs||no data||no data|
Experienced Board: FYB's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7%.
Formycon AG's company bio, employee growth, exchange listings and data sources
- Name: Formycon AG
- Ticker: FYB
- Exchange: DB
- Founded: 1999
- Industry: Biotechnology
- Sector: Pharmaceuticals & Biotech
- Market Cap: €260.000m
- Shares outstanding: 10.00m
- Website: https://www.formycon.com
Number of Employees
- Formycon AG
- Fraunhoferstrasse 15
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FYB||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Dec 2010|
|FYB||XTRA (XETRA Trading Platform)||Yes||Bearer Shares||DE||EUR||Dec 2010|
|0W4N||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Dec 2010|
|FYBD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Dec 2010|
Formycon AG engages in the development and marketing of biosimilar products. Its product pipeline includes FYB201, a biosimilar candidate for Lucentis 1, an ophthalmic drug used in the treatment of neovascular age-related macular degeneration and other serious eye diseases that is in the Phase III clinical trials; FYB202, a biosimilar candidate for Stelara, a biopharmaceutical used in the treatment of inflammatory diseases, such as moderate to severe psoriasis, as well as for the treatment of Crohn's disease, which is in the preclinical stage; and FYB203, a biosimilar candidate for Eylea 3, like Lucentis, Eylea, used to treat neovascular age-related macular degeneration and other eye diseases that is in the preclinical study. The company was formerly known as Nanohale AG and changed its name to Formycon AG in 2012. Formycon AG was founded in 1999 and is based in Planegg, Germany.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 22:41|
|End of Day Share Price||2020/02/26 00:00|
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.