MLYSMineralys Therapeutics, Inc.

$25.88

Is the business good?

How good a business is MLYS?

Mineralys Therapeutics, Inc. earns −71% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−71%

Return on invested capital · cost of capital 9.0% · 80 points below what the capital costs: growth destroys value

Share count, year on year
+29%

Share count, year on year · shareholders own a smaller slice than a year ago

Details
Net income, trailing twelve months
−$350M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−71%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.