Formycon AG (HAM:FYB) Current Ratio: 2.33 (As of Dec. 2025) — 46% Below Median


HAM:FYB Formycon AG HAM:FYB
60 GF Score
Price €19.12
GF Value €36.12
Valuation Possible Value Trap
! 5 Warning Signs
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What is Formycon AG Current Ratio?

Formycon AG HAM:FYB 60 Current Ratio is 2.33 as of Dec. 2025, which is 46% below its 10-year median of 4.31. GuruFocus rates HAM:FYB with a GF Score™ of 60/100 and a GF Value™ of €36.12 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,411 Biotechnology companies, Formycon AG ranks worse than 64.28% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Formycon AG's current ratio for the quarter that ended in Dec. 2025 was 2.33.

Formycon AG has a current ratio of 2.33. It generally indicates good short-term financial strength.

The historical rank and industry rank for Formycon AG's Current Ratio or its related term are showing as below:

HAM:FYB' s Current Ratio Range Over the Past 10 Years
Min: 0.6   Med: 4.31   Max: 10.43
Current: 2.33

During the past 13 years, Formycon AG's highest Current Ratio was 10.43. The lowest was 0.60. And the median was 4.31.

HAM:FYB's Current Ratio is ranked worse than
64.28% of 1411 companies
in the Biotechnology industry
Industry Median: 3.91 vs HAM:FYB: 2.33

Formycon AG  (HAM:FYB) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Formycon AG Current Ratio Related Terms


Formycon AG Current Ratio Historical Data

* Premium members only.

The historical data trend for Formycon AG's Current Ratio 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.

Formycon AG Current Ratio Chart

Formycon AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 0.60 0.97 2.80 2.33

Formycon AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Current Ratio 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 0.97 2.10 2.80 1.54 2.33

HAM:FYB vs VRTX, REGN, ALNY: Current Ratio Comparison

For the Biotechnology subindustry, Formycon AG's Current Ratio, along with its competitors' market caps and Current Ratio 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.


Formycon AG Current Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Formycon AG's Current Ratio distribution charts can be found below:

* The bar in red indicates where Formycon AG's Current Ratio falls into.


HAM:FYB
60GF Score
Formycon AG HAM:FYB
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Formycon AG Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Formycon AG's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=125.032/53.56
=2.33

Formycon AG's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=125.032/53.56
=2.33

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.33 mean?
Formycon AG (HAM:FYB) has a Current Ratio of 2.33 as of Dec. 2025. This is 46% below median its historical median of 4.31. Over the past decade, Formycon AG's Current Ratio has ranged from 0.60 to 10.43. According to the industry distribution chart, Formycon AG ranks #907 out of 1411 companies in the Biotechnology industry, placing it in the top 64.3%.
Is Formycon AG's Current Ratio too high?
Formycon AG's current Current Ratio of 2.33 is 46% below median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 10.43. The Biotechnology industry median Current Ratio is 3.91. Formycon AG's value of 2.33 is 40.4% below this industry median. Based on the distribution chart, Formycon AG ranks #907 out of 1411 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Formycon AG has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Formycon AG's Current Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Formycon AG ranks #907 out of 1411 companies for Current Ratio. This places Formycon AG in the lower half of its industry. The industry median Current Ratio is 3.91. Formycon AG's value of 2.33 is 40.4% below this benchmark. Historically, Formycon AG's own Current Ratio has ranged from 0.60 to 10.43 over the past decade. While the company's 10-year median is 4.31 vs. the industry median of 3.91, Formycon AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.91, based on 1,411 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formycon AG's current Current Ratio of 2.33 is 40.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Biotechnology industry, the median Current Ratio is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formycon AG's current Current Ratio is 2.33, which is 46% below median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formycon AG stock overvalued right now?
Based on GuruFocus' analysis, Formycon AG (HAM:FYB) is currently considered Possible Value Trap. The stock's GF Value™ is €36.12, compared to a current price of €19.12 — trading 47.1% below its estimated fair value. The current Current Ratio is 2.33, which is 46% below median its 10-year median of 4.31 and 40.4% below the Biotechnology industry median of 3.91. Formycon AG's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Formycon AG (HAM:FYB), the current Current Ratio is 2.33 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Formycon AG (HAM:FYB) Overvalued in 2026?

Based on GuruFocus' analysis, Formycon AG stock appears to be undervalued. The current stock price of €19.12 is trading 47.1% below its estimated GF Value™ of €36.12. GuruFocus considers Formycon AG to be Possible Value Trap.

Key valuation signals for HAM:FYB:

  • Current Ratio: 2.33 (46% below median its 10-year median of 4.31)
  • GF Value™: €36.12 vs. price of €19.12 (47.1% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 40.4% below the Biotechnology median (#907 of 1411)

No single metric tells the full story. See the HAM:FYB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formycon AG Business Description

Address Fraunhoferstrasse 15, Martinsried, Planegg, BY, DEU, 82152
Formycon AG is an independent developer of high-quality biosimilars, which are follow-on products to biopharmaceutical drugs. The Company focuses on expanding and further developing its scalable biosimilar platform, which includes approved and pipeline products across ophthalmology, immunology, and immuno-oncology. Its key products include FYB201 (ranibizumab), FYB202 (ustekinumab), FYB203 (aflibercept), FYB206 (pembrolizumab), and FYB208 (dupilumab), along with additional biosimilar candidates in various stages of development. The Company generates maximum revenue from Switzerland.
60GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.12
Price
€36.12
GF Value