Antibe Therapeutics (STU:4B70) Return-on-Tangible-Equity: -1,128.86% (As of Dec. 2023)

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STU:4B70 Antibe Therapeutics Inc STU:4B70
10 GF Score
Price €2.44
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What is Antibe Therapeutics Return-on-Tangible-Equity?

Antibe Therapeutics STU:4B70 10 Return-on-Tangible-Equity is -1,128.86% as of Dec. 2023. GuruFocus rates STU:4B70 with a GF Score™ of 10/100.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Antibe Therapeutics's annualized net income for the quarter that ended in Dec. 2023 was €-11.52 Mil. Antibe Therapeutics's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €1.02 Mil. Therefore, Antibe Therapeutics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -1,128.86%.

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

STU:4B70's Return-on-Tangible-Equity is not ranked *
in the Biotechnology industry.
Industry Median: -42.305
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Antibe Therapeutics  (STU:4B70) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Antibe Therapeutics Return-on-Tangible-Equity Related Terms


Antibe Therapeutics Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Antibe Therapeutics's Return-on-Tangible-Equity 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.

Antibe Therapeutics Return-on-Tangible-Equity Chart

Antibe Therapeutics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -344.98 -665.78 -102.45 -65.51 -84.97

Antibe Therapeutics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 -88.16 -91.48 -210.26 -338.62 -1,128.86

STU:4B70 vs VRTX, REGN, SGEN: Return-on-Tangible-Equity Comparison

For the Biotechnology subindustry, Antibe Therapeutics's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Antibe Therapeutics Return-on-Tangible-Equity vs Biotechnology Industry

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

* The bar in red indicates where Antibe Therapeutics's Return-on-Tangible-Equity falls into.


STU:4B70
10GF Score
Antibe Therapeutics Inc STU:4B70
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Antibe Therapeutics Return-on-Tangible-Equity Calculation

Antibe Therapeutics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-13.294/( (21.862+9.429 )/ 2 )
=-13.294/15.6455
=-84.97 %

Antibe Therapeutics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-11.52/( (2.325+-0.284)/ 2 )
=-11.52/1.0205
=-1,128.86 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -1,128.86% mean?
Antibe Therapeutics (STU:4B70) has a Return-on-Tangible-Equity of -1,128.86% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Antibe Therapeutics and its competitors.
Is Antibe Therapeutics' Return-on-Tangible-Equity too high?
Antibe Therapeutics' current Return-on-Tangible-Equity is -1,128.86%. Overall, Antibe Therapeutics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Antibe Therapeutics' Return-on-Tangible-Equity compare to VRTX and REGN?
Antibe Therapeutics' Return-on-Tangible-Equity of -1,128.86% can be compared against companies in the Biotechnology 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-Equity for a Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Antibe Therapeutics and its competitors. Antibe Therapeutics's current Return-on-Tangible-Equity is -1,128.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antibe Therapeutics stock overvalued right now?
Antibe Therapeutics (STU:4B70) has a current Return-on-Tangible-Equity of -1,128.86%. The current Return-on-Tangible-Equity is -1,128.86%. Antibe Therapeutics' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Antibe Therapeutics (STU:4B70), the current Return-on-Tangible-Equity is -1,128.86% as of Dec. 2023. 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.

Antibe Therapeutics Business Description

Address 15 Prince Arthur Avenue, Toronto, ON, CAN, M5R 1B2
Antibe Therapeutics Inc is a clinical stage biotechnology company leveraging its proprietary hydrogen sulfide (H2S) platform to develop next-generation therapies to address inflammation arising from a wide range of medical conditions. The company's pipeline includes therapies that seek to overcome the gastrointestinal (GI) ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Antibe's drug, otenaproxesul, is in development for the treatment of acute and chronic pain. The company's second pipeline drug is a GI-sparing alternative to ketoprofen. The company's next target is inflammatory bowel disease (IBD), a condition long in need of safer, more effective therapies.
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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