PCVXVaxcyte, Inc.

$61.07

Is the business good?

How good a business is PCVX?

Vaxcyte, Inc. earns −72% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−72%

Return on invested capital · cost of capital 9.0% · 81 points below what the capital costs: growth destroys value

Share count, year on year
+6.2%

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

Details
Free cash flow, trailing twelve months
−$894M
Net income, trailing twelve months
−$1.06B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−72%

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