ProMIS Neurosciences

ProMIS Neurosciences ROCE

Delisted

The Return on Capital Employed (ROCE) of ProMIS Neurosciences (PMN.TO) as of Oct 14, 2026 is 1,734.80 %. In the previous year, Return on Capital Employed (ROCE) was -146.48 % — a change of -1,284.30% (higher).

ROCE

1,734.80 %

YoY

-1,284.30%

Last updated:

In 2022, ProMIS Neurosciences's return on capital employed (ROCE) was 1,734.80 %, a -1,284.30% increase from the -146.48 % ROCE in the previous year.

The ProMIS Neurosciences ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2015
-331.67 CAD
Jan 1, 2016
-4,914.29 CAD
Jan 1, 2017
-392.81 CAD
Jan 1, 2018
-876.72 CAD
Jan 1, 2019
-1,897.44 CAD
Jan 1, 2020
554.90 CAD
Jan 1, 2021
-146.48 CAD
Jan 1, 2022
1,734.80 CAD
The ProMIS Neurosciences ROCE history
YEARROCEYoY
1,734.80 %-1,284.30%
-146.48 %-126.40%
554.90 %-129.24%
-1,897.44 %+116.42%
-876.72 %+123.19%
-392.81 %-92.01%
-4,914.29 %+1,381.69%
-331.67 %-131.00%
1,070.00 %—
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ProMIS Neurosciences Stock analysis

What does ProMIS Neurosciences do? ProMIS Neurosciences Inc is a biopharmaceutical company based in Canada that specializes in the discovery and development of novel therapeutics for neurodegenerative diseases such as Alzheimer's, Parkinson's, and ALS. The company was founded in 2004 and has been listed on the Toronto Stock Exchange since 2015. The goal of ProMIS is to develop highly specific therapeutics that specifically target the cellular causes of neurodegenerative diseases and can therefore stop or even reverse the progression of the disease. The company utilizes its proprietary platform technology to identify the unique epitopes on the pathological proteins that are specific to neurodegenerative diseases. ProMIS' business model is based on partnerships with large pharmaceutical companies that are searching for new therapeutics for neurodegenerative diseases. ProMIS works closely with these partners to develop customized therapeutics tailored to each partner's specific needs. The company licenses its technology and products to its partners and receives license and milestone payments when certain development or sales goals are achieved. ProMIS has different divisions to focus on various neurodegenerative diseases, with a focus on Alzheimer's, Parkinson's, and ALS. ProMIS has a comprehensive research and development infrastructure that focuses on the identification, characterization, and optimization of therapeutic antibodies and biomarkers. In terms of products, ProMIS has developed various antibodies that specifically target pathological proteins such as Aß and Tau in Alzheimer's and alpha-synuclein in Parkinson's. These antibodies can selectively recognize and bind to these pathological proteins, allowing them to be broken down and removed from the body. ProMIS works closely with its partners to test these antibodies in clinical trials and eventually bring them to market. In addition to its antibody products, ProMIS has also developed neuromethods that allow researchers to characterize and quantify the functions of proteins in brain cells and in vivo. These methods can be used to test and optimize the effects of antibodies and other therapeutics, making them an important part of ProMIS' development infrastructure. Overall, ProMIS Neurosciences Inc is an innovative biopharmaceutical company that focuses on the development of highly specific therapeutics for neurodegenerative diseases. The company has a comprehensive infrastructure and technology platform that allows it to develop customized products for its partners. With its antibodies and neuromethods, ProMIS has the potential to make a breakthrough in the treatment of neurodegenerative diseases and improve the lives of millions of patients. ProMIS Neurosciences is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling ProMIS Neurosciences's Return on Capital Employed (ROCE)

ProMIS Neurosciences's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing ProMIS Neurosciences's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

ProMIS Neurosciences's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in ProMIS Neurosciences’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about ProMIS Neurosciences stock

Return on Capital Employed (ROCE) of ProMIS Neurosciences is 1,734.80 % in 2022.

Return on Capital Employed (ROCE) of ProMIS Neurosciences changed from -146.48 % to 1,734.80 %, representing a -1,284.30% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) ProMIS Neurosciences since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s ProMIS Neurosciences with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — ProMIS Neurosciences

All Key Metrics — ProMIS Neurosciences