AC Immune SA ROCE
What is the ROCE of AC Immune SA?
The ROCE of AC Immune SA is -39.43%
What is the definition of ROCE?
Return on capital employed (ROCE) is a financial ratio that measures a company’s profitability and the efficiency with which its capital is used.
= EBIT / (assets - current liabilities)
Return on capital employed (ROCE) is the total amount of capital that a company has utilized in order to generate profits. It is the sum of shareholders' equity and debt liabilities. It can be simplified as total assets minus current liabilities.
ROCE is especially useful when comparing the performance of companies in capital-intensive sectors. ROCE considers debt and other liabilities as well compared to other fundamentals which only analyze profitability related to a company’s common equity. This provides a better indication of financial performance for companies with significant debt. For a company, the ROCE trend over the years is also an important indicator of performance. In general, investors tend to favor companies with stable and rising ROCE numbers over companies where ROCE is volatile and bounces around from one year to the next.
Instead of using capital employed at an arbitrary point in time, analysts and investors often calculate ROCE based on the average capital employed (ROACE), which takes the average of opening and closing capital employed for the time period.
ROCE of companies in the Health Care sector on NASDAQ compared to AC Immune SA
What does AC Immune SA do?
ac immune is a clinical-stage swiss-based biopharmaceutical company, listed on nasdaq, which aims to become a global leader in precision medicine for neurodegenerative diseases. the company designs, discovers and develops therapeutic as well as diagnostic products intended to prevent and modify diseases caused by misfolding proteins. ac immune’s two proprietary technology platforms create antibodies, small molecules and vaccines designed to address a broad spectrum of neurodegenerative indications, such as alzheimer’s disease (ad). the company’s pipeline features nine therapeutic and three diagnostic product candidates – with five product candidates currently in clinical trials. the most advanced of these is crenezumab, a humanized anti-amyloid-β monoclonal igg4 antibody that targets monomeric and aggregated forms of amyloid-β, with highest affinity for neurotoxic oligomers. crenezumab is currently in two phase 3 clinical studies for ad, under a global program conducted by the collabor
Companies with roce similar to AC Immune SA
- Entree Resources has ROCE of -39.74%
- E-COM (Aus) Pty Ltd has ROCE of -39.73%
- Good2 Go4 Corp has ROCE of -39.66%
- Ascendis Pharma A/S has ROCE of -39.57%
- Therealreal Inc has ROCE of -39.56%
- Ascentage Pharma Grp Intl has ROCE of -39.45%
- AC Immune SA has ROCE of -39.43%
- Sangamo Therapeutics has ROCE of -39.40%
- Churchill Capital Corp IV has ROCE of -39.36%
- InflaRx N.V has ROCE of -39.33%
- Fosterville South Exploration has ROCE of -39.22%
- Inogen Inc has ROCE of -39.17%
- China Zenix Auto International has ROCE of -39.05%