Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
Gilead Sciences Inc
Physical assets are 16.9% of total assets, a light footprint. Capex is 0.20x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. ROIC is 23.6%, above an 8% cost-of-capital hurdle.
Fixed-asset turnover is 5.25x. Compare it with other names in the same basket.
Physical asset ratio
16.9%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
5.25x
Revenue per dollar of the physical asset base.
Capex / D&A
0.20x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-BRL 2.15
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—
Price BRL 65.81.
Fixed-charge coverage
12.71x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
1.0%
Latest free cash flow divided by current market cap (BRL 979.22B).
ROIC
23.6%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 1.79x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 7.6% | 5.52x | 0.65x | BRL 1.20 | 2.45x | BRL 7.48B | 30.8% | 2.05x |
| 2019 | 9.9% | 4.34x | 0.59x | BRL 3.65 | 1.93x | BRL 8.32B | 18.8% | 0.83x |
| 2020 | 10.7% | 4.40x | 0.44x | -BRL 18.37 | 3.54x | BRL 7.52B | 6.2% | 0.73x |
| 2021 | 10.7% | 4.82x | 0.28x | -BRL 16.53 | 8.69x | BRL 10.81B | 18.9% | 1.78x |
| 2022 | 11.9% | 4.56x | 0.35x | -BRL 12.81 | 6.44x | BRL 8.34B | 14.4% | 1.23x |
| 2023 | 11.4% | 5.10x | 0.20x | -BRL 9.65 | 10.53x | BRL 7.85B | 15.3% | 1.43x |
| 2024 | 12.1% | 5.31x | 0.19x | -BRL 7.23 | 4.00x | BRL 10.31B | 3.2% | 0.31x |
| 2025 | 16.9% | 5.25x | 0.20x | -BRL 2.15 | 12.71x | BRL 9.46B | 23.6% | 1.79x |
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: BRL 5.61B
Inventory: BRL 4.37B
Total assets: BRL 59.02B
Goodwill: BRL 8.31B
Intangibles: BRL 16.98B
Liabilities: BRL 36.41B
Tangible book: -BRL 2.67B
Shares: 1,241,000,000
Revenue: BRL 29.44B
Capex: BRL 563.00M
D&A: BRL 2.76B
EBITDA: BRL 13.58B
Interest: BRL 1.02B
Short-term debt: BRL 0.00
Free cash flow: BRL 9.46B
Operating income: BRL 10.02B
Invested capital: BRL 36.95B
Tax rate: 13.1%