Valuation check: CDXS's ROE is -73.99%, below the Materials sector average of 19.3%.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Codexis (CDXS) currently reports a ROE of -73.99%. That is below the Materials sector average of 19.3%. Use the charts on this page to explore Codexis's ROE history and peer comparisons.
Codexis's ROE of -73.99% is lower than the Materials sector average of 19.3%. That is roughly 483.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Codexis's current -73.99% should be judged against Materials norms (sector average: 19.3%) and against CDXS's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of -73.99%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is 19.3%. From there, open related valuation or income-statement pages for Codexis, and consider following CDXS for alerts when major investors trade the stock.
Codexis is classified in the Materials sector. On ROE, it currently shows -73.99% versus a sector average near 19.3%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Materials are usually more informative than comparing CDXS with unrelated industries.