Formycon AG banner

Formycon AG
XETRA:FYB

Watchlist Manager
Formycon AG Logo
Formycon AG
XETRA:FYB
Watchlist
Price: 18.02 EUR 0.56% Market Closed
Market Cap: €318.4m

EV/OCF

23.9
Current
187%
Cheaper
vs 3-y average of -27.6

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
23.9
=
Enterprise Value
€254.5m
/
Operating Cash Flow
€10.8m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
23.9
=
Enterprise Value
€254.5m
/
Operating Cash Flow
€10.8m

Valuation Scenarios

Formycon AG is trading below its industry average

If EV/OCF returns to its Industry Average (150.7), the stock would be worth €113.67 (531% upside from current price).

Statistics
Positive Scenarios
1/2
Maximum Downside
-54%
Maximum Upside
+531%
Average Upside
238%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 23.9 €18.02
0%
Industry Average 150.7 €113.67
+531%
Country Average 10.9 €8.21
-54%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
DE
Formycon AG
XETRA:FYB
318.5m EUR 23.9 -4.9
FR
Pharnext SCA
OTC:PNEXF
6T USD -211 715.8 -160 127.7
US
Abbvie Inc
NYSE:ABBV
349.5B USD 21.3 83.5
US
Amgen Inc
NASDAQ:AMGN
183B USD 22.5 23.7
US
Gilead Sciences Inc
NASDAQ:GILD
158.5B USD 17.2 18.9
US
Epizyme Inc
F:EPE
94.1B EUR -531.8 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
108.2B USD 27.9 27.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
78.7B USD 11.2 17.2
NL
argenx SE
XBRU:ARGX
41.2B EUR 108.3 37.3
US
Seagen Inc
F:SGT
39.3B EUR -83.5 -61.8
AU
CSL Ltd
ASX:CSL
63.6B AUD 14.5 30.4
P/E Multiple
Earnings Growth PEG
DE
Formycon AG
XETRA:FYB
Average P/E: 34.1
Negative Multiple: -4.9
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.5
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.7
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.9
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.6
19%
1.5
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.2
14%
1.2
NL
argenx SE
XBRU:ARGX
37.3
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
30.4
9%
3.4

Market Distribution

Higher than 83% of companies in Germany
Percentile
83nd
Based on 2 369 companies
83nd percentile
23.9
Low
0.2 — 7.5
Typical Range
7.5 — 16.6
High
16.6 —
Distribution Statistics
Germany
Min 0.2
30th Percentile 7.5
Median 10.9
70th Percentile 16.6
Max 2 561.1

Formycon AG
Glance View

Formycon AG engages in the manufacture of biosimilar drugs and formulations. The company is headquartered in Martinsried, Bayern and currently employs 159 full-time employees. The company went IPO on 2010-12-20. Its business activities are focused on the development and marketing of biopharmaceuticals that are similar to existing drugs, for which the patent protection is expiring. The firm focuses on treatments in the area of ophthalmology, immunology and other chronic diseases, covering all steps of biosimilar development process, from early-stage analysis of the originator drug to the preclinical and clinical testing phases, as well as the preparation of dossiers for marketing approval. Its biosimilar product pipeline consists of four candidates in pre-clinical and clinical testing phases, including FYB201, a biosimilar candidate for Lucentis; FYB202, a biosimilar candidate for Stelara; FYB203, a biosimilar candidate for Eylea, and FYB205.

FYB Intrinsic Value
101.73 EUR
Undervaluation 82%
Intrinsic Value
Price €18.02
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett