Novocure Ltd
NASDAQ:NVCR

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Novocure Ltd
NASDAQ:NVCR
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Price: 31.52 USD 1.78%
Market Cap: 3.4B USD
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Novocure Ltd
Change in Working Capital

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Novocure Ltd
Change in Working Capital Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Change in Working Capital CAGR 3Y CAGR 5Y CAGR 10Y
Novocure Ltd
NASDAQ:NVCR
Change in Working Capital
$13.3m
CAGR 3-Years
-28%
CAGR 5-Years
8%
CAGR 10-Years
N/A
No Stocks Found

Novocure Ltd
Glance View

Market Cap
3.4B USD
Industry
Health Care

Novocure Ltd. operates in the intriguing intersection of medical innovation and patient-centric care, focusing on harnessing electric fields to treat cancerous tumors, a modality known as Tumor Treating Fields (TTFields). Founded in 2000 and based in the Isle of Jersey, the company has pioneered an unconventional approach that challenges traditional cancer treatments like chemotherapy and radiation. By deploying low-intensity, alternating electric fields through adhesive patches on the patient's body, TTFields interfere with the division of cancer cells, inhibiting tumor growth without the typical debilitating side effects. Novocure’s proprietary technology offers a unique, non-invasive treatment option primarily targeting aggressive cancers, such as glioblastoma and non-small cell lung cancer, positioning it as a notable innovator in the oncology space. The company's business model thrives on a blend of therapy innovation and strategic partnerships. Novocure generates revenue through sales of its wearable medical device, which continually delivers TTFields therapy. These sales are supplemented by the securing of insurance reimbursements, which is crucial for patient access and company profitability. By conducting numerous clinical trials, Novocure not only aims to expand the applicability of TTFields to other forms of cancer but also reinforces its value proposition to the healthcare community. Strategic collaborations with researchers and leading cancer centers further enhance its market penetration. As the company continues to invest in research and expand its treatment portfolio, its commitment to transforming cancer therapy by offering a new dimension of hope remains at the forefront of its mission.

NVCR Intrinsic Value
25.58 USD
Overvaluation 19%
Intrinsic Value
Price

See Also

What is Novocure Ltd's Change in Working Capital?
Change in Working Capital
13.3m USD

Based on the financial report for Sep 30, 2024, Novocure Ltd's Change in Working Capital amounts to 13.3m USD.

What is Novocure Ltd's Change in Working Capital growth rate?
Change in Working Capital CAGR 5Y
8%

Over the last year, the Change in Working Capital growth was -18%. The average annual Change in Working Capital growth rates for Novocure Ltd have been -28% over the past three years , 8% over the past five years .

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