GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » PHAXIAM Therapeutics SA (XPAR:PHXM) » Definitions » ROE %

PHAXIAM Therapeutics (XPAR:PHXM) ROE % : -62.13% (As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is PHAXIAM Therapeutics ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PHAXIAM Therapeutics's annualized net income for the quarter that ended in Sep. 2023 was €-22.76 Mil. PHAXIAM Therapeutics's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was €36.63 Mil. Therefore, PHAXIAM Therapeutics's annualized ROE % for the quarter that ended in Sep. 2023 was -62.13%.

The historical rank and industry rank for PHAXIAM Therapeutics's ROE % or its related term are showing as below:

XPAR:PHXM' s ROE % Range Over the Past 10 Years
Min: -217.87   Med: -44.58   Max: 0.89
Current: 0.89

During the past 11 years, PHAXIAM Therapeutics's highest ROE % was 0.89%. The lowest was -217.87%. And the median was -44.58%.

XPAR:PHXM's ROE % is ranked better than
81.88% of 1363 companies
in the Biotechnology industry
Industry Median: -44.05 vs XPAR:PHXM: 0.89

PHAXIAM Therapeutics ROE % Historical Data

The historical data trend for PHAXIAM Therapeutics's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PHAXIAM Therapeutics ROE % Chart

PHAXIAM Therapeutics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.38 -54.21 -130.78 -217.87 -0.98

PHAXIAM Therapeutics Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 194.09 -91.62 101.08 - -62.13

Competitive Comparison of PHAXIAM Therapeutics's ROE %

For the Biotechnology subindustry, PHAXIAM Therapeutics's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PHAXIAM Therapeutics's ROE % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, PHAXIAM Therapeutics's ROE % distribution charts can be found below:

* The bar in red indicates where PHAXIAM Therapeutics's ROE % falls into.



PHAXIAM Therapeutics ROE % Calculation

PHAXIAM Therapeutics's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-0.228/( (22.845+23.486)/ 2 )
=-0.228/23.1655
=-0.98 %

PHAXIAM Therapeutics's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=-22.76/( (36.632+0)/ 1 )
=-22.76/36.632
=-62.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


PHAXIAM Therapeutics  (XPAR:PHXM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-22.76/36.632
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-22.76 / 0)*(0 / 65.531)*(65.531 / 36.632)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.7889
=ROA %*Equity Multiplier
=N/A %*1.7889
=-62.13 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-22.76/36.632
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-22.76 / -22.756) * (-22.756 / -23.028) * (-23.028 / 0) * (0 / 65.531) * (65.531 / 36.632)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0002 * 0.9882 * N/A % * 0 * 1.7889
=-62.13 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


PHAXIAM Therapeutics ROE % Related Terms

Thank you for viewing the detailed overview of PHAXIAM Therapeutics's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


PHAXIAM Therapeutics (XPAR:PHXM) Business Description

Traded in Other Exchanges
Address
60 Avenue Rockefeller, Lyon, FRA, 69008
Erytech Pharma SA is a clinical-stage biopharmaceutical company developing innovative therapies for severe forms of cancer and orphan diseases. Its ERYCAPS platform, uses a novel technology to encapsulate therapeutic drug substances inside erythrocytes, or red blood cells, or RBC. It is developing a pipeline of product candidates for patients with high unmet medical needs. Its lead product candidate eryaspase, also referred as GRASPA, targets the metabolism of cancer cells by depriving the cells of asparagine, an amino acid necessary for their survival and critical in maintaining the cells' rapid growth rate. The company is developing eryaspase for the treatment of severe tumors, including pancreatic cancer, acute lymphoblastic leukemia, or ALL, and triple negative breast cancer, or TNBC.

PHAXIAM Therapeutics (XPAR:PHXM) Headlines

From GuruFocus

ERYTECH Appoints Stewart Craig as Chief Technical Officer

By Marketwired Marketwired 10-27-2020