AFMDQ (Affimed NV) ROE %: -268.87% (As of Sep. 2024)

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AFMDQ Affimed NV AFMDQ
16 GF Score
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What is Affimed NV ROE %?

Affimed NV AFMDQ 16 ROE % is -268.87% as of Sep. 2024. GuruFocus rates AFMDQ with a GF Score™ of 16/100.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Affimed NV's annualized net income for the quarter that ended in Sep. 2024 was $-67.21 Mil. Affimed NV's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $25.00 Mil. Therefore, Affimed NV's annualized ROE % for the quarter that ended in Sep. 2024 was -268.87%.

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

AFMDQ's ROE % is not ranked *
in the Biotechnology industry.
Industry Median: -38.615
* Ranked among companies with meaningful ROE % only.

Affimed NV  (OTCPK:AFMDQ) 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. 2024 )
=Net Income/Total Stockholders Equity
=-67.208/24.9965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-67.208 / 0.688)*(0.688 / 50.794)*(50.794 / 24.9965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9768.6 %*0.0135*2.032
=ROA %*Equity Multiplier
=-131.88 %*2.032
=-268.87 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-67.208/24.9965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-67.208 / -67.204) * (-67.204 / -63.448) * (-63.448 / 0.688) * (0.688 / 50.794) * (50.794 / 24.9965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0001 * 1.0592 * -9222.09 % * 0.0135 * 2.032
=-268.87 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Affimed NV ROE % Related Terms


Affimed NV ROE % Historical Data

* Premium members only.

The historical data trend for Affimed NV'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.

Affimed NV ROE % Chart

Affimed NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.16 -77.10 -53.90 -57.73 -102.68

Affimed NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -110.18 -121.91 -155.48 -177.15 -268.87

AFMDQ vs SYRS, BTAX, TRVN: ROE % Comparison

For the Biotechnology subindustry, Affimed NV'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.


Affimed NV ROE % vs Biotechnology Industry

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

* The bar in red indicates where Affimed NV's ROE % falls into.


AFMDQ
16GF Score
Affimed NV AFMDQ
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Affimed NV ROE % Calculation

Affimed NV's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-115.527/( (161.986+63.039)/ 2 )
=-115.527/112.5125
=-102.68 %

Affimed NV's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-67.208/( (30.909+19.084)/ 2 )
=-67.208/24.9965
=-268.87 %

* 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. 2024) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -268.87% mean?
Affimed NV (AFMDQ) has a ROE % of -268.87% as of Sep. 2024. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Affimed NV and its competitors.
Is Affimed NV's ROE % too high?
Affimed NV's current ROE % is -268.87%. Overall, Affimed NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Affimed NV's ROE % compare to SYRS and BTAX?
Affimed NV's ROE % of -268.87% 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 ROE % for a Biotechnology company?
A good ROE % depends on the Biotechnology industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Affimed NV and its competitors. Affimed NV's current ROE % is -268.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affimed NV stock overvalued right now?
Affimed NV (AFMDQ) has a current ROE % of -268.87%. The current ROE % is -268.87%. Affimed NV's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Affimed NV (AFMDQ), the current ROE % is -268.87% as of Sep. 2024. 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.

Affimed NV Business Description

Address Gottlieb-Daimler-Strabe 2, Mannheim, BW, DEU, 68165
Affimed NV is a clinical-stage biopharmaceutical company. The company is engaged in discovering and developing targeted cancer immunotherapies. Its product candidates are being developed in the field of immuno-oncology, which represents an approach to cancer treatment that seeks to harness the body's immune defenses to fight tumor cells. It is active in the discovery, pre-clinical and clinical development of antibodies based on its core technology. The company generates revenues from the provision of research and development services to third parties based on both Group and third party owned intellectual property. Geographically, it derives a majority of revenue from the United States and also has a presence in and Germany.
16GF Score

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

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