Lipocine (STU:2VT0) Return-on-Tangible-Asset: -69.69% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:2VT0 Lipocine Inc STU:2VT0
50 GF Score
Price €3.94
GF Value €3.12
! 4 Warning Signs
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What is Lipocine Return-on-Tangible-Asset?

Lipocine STU:2VT0 50 Return-on-Tangible-Asset is -69.69% as of Mar. 2026. GuruFocus rates STU:2VT0 with a GF Score™ of 50/100 and a GF Value™ of €3.12. The stock has 4 warning signs investors should review. Among 1,416 Biotechnology companies, Lipocine ranks worse than 64.48% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Lipocine's annualized Net Income for the quarter that ended in Mar. 2026 was €-12.70 Mil. Lipocine's average total tangible assets for the quarter that ended in Mar. 2026 was €18.23 Mil. Therefore, Lipocine's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -69.69%.

The historical rank and industry rank for Lipocine's Return-on-Tangible-Asset or its related term are showing as below:

STU:2VT0' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -93.16   Med: -51.34   Max: 0.04
Current: -58.63

During the past 13 years, Lipocine's highest Return-on-Tangible-Asset was 0.04%. The lowest was -93.16%. And the median was -51.34%.

STU:2VT0's Return-on-Tangible-Asset is ranked worse than
64.48% of 1416 companies
in the Biotechnology industry
Industry Median: -35.76 vs STU:2VT0: -58.63

Lipocine  (STU:2VT0) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Lipocine Return-on-Tangible-Asset Related Terms


Lipocine Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Lipocine's Return-on-Tangible-Asset 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.

Lipocine Return-on-Tangible-Asset Chart

Lipocine Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.67 -24.80 -53.05 0.04 -45.65

Lipocine Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 -34.11 -43.64 -72.89 -57.38 -69.69

STU:2VT0 vs NCEL, PTN, ALLR: Return-on-Tangible-Asset Comparison

For the Biotechnology subindustry, Lipocine's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Lipocine Return-on-Tangible-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lipocine's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Lipocine's Return-on-Tangible-Asset falls into.


STU:2VT0
50GF Score
Lipocine Inc STU:2VT0
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lipocine Return-on-Tangible-Asset Calculation

Lipocine's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-8.222/( (21.498+14.523)/ 2 )
=-8.222/18.0105
=-45.65 %

Lipocine's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-12.704/( (14.523+21.935)/ 2 )
=-12.704/18.229
=-69.69 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -69.69% mean?
Lipocine (STU:2VT0) has a Return-on-Tangible-Asset of -69.69% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lipocine and its competitors. According to the industry distribution chart, Lipocine ranks #913 out of 1416 companies in the Biotechnology industry, placing it in the top 64.5%.
Is Lipocine's Return-on-Tangible-Asset too high?
Lipocine's current Return-on-Tangible-Asset is -69.69%. Based on the distribution chart, Lipocine ranks #913 out of 1416 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Lipocine has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Lipocine's Return-on-Tangible-Asset compare to NCEL and PTN?
According to the Biotechnology industry distribution chart, Lipocine ranks #913 out of 1416 companies for Return-on-Tangible-Asset. This places Lipocine in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Lipocine and its competitors. Lipocine's current Return-on-Tangible-Asset is -69.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lipocine stock overvalued right now?
Lipocine (STU:2VT0) has a current Return-on-Tangible-Asset of -69.69%. The stock's GF Value™ is €3.12, compared to a current price of €3.94 — trading 26.4% above its estimated fair value. The current Return-on-Tangible-Asset is -69.69%. Lipocine's overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Lipocine (STU:2VT0), the current Return-on-Tangible-Asset is -69.69% as of Mar. 2026. 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 Lipocine (STU:2VT0) Overvalued in 2026?

Based on GuruFocus' analysis, Lipocine stock appears to be overvalued. The current stock price of €3.94 is trading 26.4% above its estimated GF Value™ of €3.12.

Key valuation signals for STU:2VT0:

  • Return-on-Tangible-Asset: -69.69%
  • GF Value™: €3.12 vs. price of €3.94 (26.4% above fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the STU:2VT0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lipocine Business Description

Other Exchanges LPCN:USA
Address 675 Arapeen Drive, Suite 202, Salt Lake City, UT, USA, 84108
Lipocine Inc is a clinical-stage biopharmaceutical company that is engaged in research and development for the delivery of drugs using its proprietary delivery technology. Its principal operation is to provide oral delivery solutions for existing drugs. Lipocine develops its drug candidates, or it develops drug candidates on behalf of or in collaboration with corporate partners. The company's product TLANDO is an oral testosterone replacement therapy (TRT). It also has other products in the pipeline, such as LPCN 1144, TLANDO, TLANDO XR, LPCN 1148, LPCN 1107, LPCN 1154, and LIP RAL7 Technology. The Company has a single reportable segment, research, and development for the delivery of drugs using its proprietary delivery technology.
50GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.94
Price
€3.12
GF Value