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Cardeon AB (NGM:CARDEO) EV-to-EBIT : -0.15 (As of May. 25, 2024)


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What is Cardeon AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cardeon AB's Enterprise Value is kr11.50 Mil. Cardeon AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr-78.92 Mil. Therefore, Cardeon AB's EV-to-EBIT for today is -0.15.

The historical rank and industry rank for Cardeon AB's EV-to-EBIT or its related term are showing as below:

NGM:CARDEO' s EV-to-EBIT Range Over the Past 10 Years
Min: -81.01   Med: -1.8   Max: 19.04
Current: -0.14

During the past 7 years, the highest EV-to-EBIT of Cardeon AB was 19.04. The lowest was -81.01. And the median was -1.80.

NGM:CARDEO's EV-to-EBIT is ranked worse than
100% of 494 companies
in the Asset Management industry
Industry Median: 9.77 vs NGM:CARDEO: -0.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cardeon AB's Enterprise Value for the quarter that ended in Dec. 2023 was kr57.53 Mil. Cardeon AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr-78.92 Mil. Cardeon AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -137.19%.


Cardeon AB EV-to-EBIT Historical Data

The historical data trend for Cardeon AB's EV-to-EBIT 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.

Cardeon AB EV-to-EBIT Chart

Cardeon AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial -84.09 -1.39 -0.06 -13.76 -0.73

Cardeon AB Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 - -13.76 - -0.73

Competitive Comparison of Cardeon AB's EV-to-EBIT

For the Asset Management subindustry, Cardeon AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Cardeon AB's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cardeon AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cardeon AB's EV-to-EBIT falls into.



Cardeon AB EV-to-EBIT Calculation

Cardeon AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11.496/-78.924
=-0.15

Cardeon AB's current Enterprise Value is kr11.50 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cardeon AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr-78.92 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.


Cardeon AB  (NGM:CARDEO) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Cardeon AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-78.924/57.52862
=-137.19 %

Cardeon AB's Enterprise Value for the quarter that ended in Dec. 2023 was kr57.53 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cardeon AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr-78.92 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.


Cardeon AB EV-to-EBIT Related Terms

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


Cardeon AB (NGM:CARDEO) Business Description

Traded in Other Exchanges
N/A
Address
Gasverksgatan 3, Lund, SWE, SE-222 29
Cardeon AB is an investment company. It primarily invests in Nordic innovative companies and startups within life science.

Cardeon AB (NGM:CARDEO) Headlines

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