OCS
SinkerOculis Holding AG · Healthcare · Switzerland · $487M cap · $2.5M/day traded
$7.50 -1.4% · close 12 Nov · scored 13 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for Oculis Holding AG (OCS) is 8/100, ranked against 25,000+ stocks in 38 markets (Quality 24, Value 30, Momentum 25, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT OCULIS HOLDING AG
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Oculis Holding AG is a clinical-stage biopharmaceutical company dedicated to developing innovative topical treatments for serious ophthalmic diseases. The company's competitive edge lies in its proprietary OCS-01 drug candidate and advanced formulation technologies, aiming to deliver therapeutic benefits directly to the eye without the need for injections or implants.
FINANCIAL SUMMARY (USD)
Reported in CHF
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | — | — | 0.8M | 4.0M | — |
| EPS | -11.86 | -3.31 | -2.41 | -2.28 | — | -1.69 | -1.84 | -1.83 | — |
| Shares | 32.7M | 36.6M | 43.7M | 58.0M | +77.1% | 55.7M | — | — | — |
| Debt | 0.7M | 0.7M | 1.3M | 2.9M | 62.1% | 3.4M | — | — | — |
| Equity | -106.2M | 111.1M | 81.2M | 247.7M | 49.3% | — | — | — | — |
| Op CF | -26.3M | -61.3M | -55.6M | -80.0M | — | -81.3M | — | — | — |
| Inv CF | -3.7M | -59.0M | -18.3M | -73.5M | — | — | — | — | — |
| Fin CF | 1.8M | 144.3M | 61.4M | 225.5M | — | — | — | — | — |
Made a new 52-week low 5 trading days ago, 78% below its 52-week high. The fall has not stopped yet.
Swung more than 81% of stocks we rank over the past year (volatility 68% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of OCS are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| OCS | Oculis Holding AG(you) | $487M | 8 |
| ACIU | AC Immune SA | $299M | 12 |
| MLTX | MoonLake Immunotherapeutics | $1.0B | 8 |
| BIOV.SW | BioVersys AG | $175M | 13 |
| IDIA.SW | Idorsia Ltd | $1.4B | 15 |
| SANN.SW | Santhera Pharmaceuticals Holding AG | $257M | 25 |
| MOLN | Molecular Partners AG | $165M | 17 |
| PHVS | Pharvaris N.V. | $2.2B | 19 |
| XLS.SW | Xlife Sciences AG | $61M | 7 |
| CRSP | CRISPR Therapeutics AG | $4.8B | 11 |
Peer medians: ROE 10.7% · P/E 37.4x · Gross margin 59.2%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.