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Ocumetics Technology (TSXV:OTC) EV-to-EBITDA : -10.30 (As of May. 29, 2024)


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What is Ocumetics Technology EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ocumetics Technology's enterprise value is C$36.02 Mil. Ocumetics Technology's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$-3.50 Mil. Therefore, Ocumetics Technology's EV-to-EBITDA for today is -10.30.

The historical rank and industry rank for Ocumetics Technology's EV-to-EBITDA or its related term are showing as below:

TSXV:OTC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -491.81   Med: 0   Max: 0
Current: -10.29

TSXV:OTC's EV-to-EBITDA is ranked worse than
100% of 487 companies
in the Medical Devices & Instruments industry
Industry Median: 16.26 vs TSXV:OTC: -10.29

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-29), Ocumetics Technology's stock price is C$0.30. Ocumetics Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.030. Therefore, Ocumetics Technology's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Ocumetics Technology EV-to-EBITDA Historical Data

The historical data trend for Ocumetics Technology's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ocumetics Technology EV-to-EBITDA Chart

Ocumetics Technology Annual Data
Trend Jul20 Jul21 Dec22 Dec23
EV-to-EBITDA
- - -21.12 -11.54

Ocumetics Technology Quarterly Data
Jul20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -21.12 -19.58 -12.22 -10.97 -11.54

Competitive Comparison of Ocumetics Technology's EV-to-EBITDA

For the Medical Instruments & Supplies subindustry, Ocumetics Technology's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ocumetics Technology's EV-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ocumetics Technology's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ocumetics Technology's EV-to-EBITDA falls into.



Ocumetics Technology EV-to-EBITDA Calculation

Ocumetics Technology's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=36.016/-3.498
=-10.30

Ocumetics Technology's current Enterprise Value is C$36.02 Mil.
Ocumetics Technology's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.50 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ocumetics Technology  (TSXV:OTC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Ocumetics Technology's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.30/-0.030
=At Loss

Ocumetics Technology's share price for today is C$0.30.
Ocumetics Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.030.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Ocumetics Technology EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Ocumetics Technology's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Ocumetics Technology (TSXV:OTC) Business Description

Traded in Other Exchanges
Address
639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9
Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.
Executives
Roger Jewett Director, Senior Officer

Ocumetics Technology (TSXV:OTC) Headlines

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