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2cureX AB (OSTO:2CUREX) EV-to-EBIT : 0.38 (As of May. 20, 2024)


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What is 2cureX AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, 2cureX AB's Enterprise Value is kr-11.91 Mil. 2cureX AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was kr-31.11 Mil. Therefore, 2cureX AB's EV-to-EBIT for today is 0.38.

The historical rank and industry rank for 2cureX AB's EV-to-EBIT or its related term are showing as below:

OSTO:2CUREX' s EV-to-EBIT Range Over the Past 10 Years
Min: -33.94   Med: -15.13   Max: 0.42
Current: 0.38

During the past 8 years, the highest EV-to-EBIT of 2cureX AB was 0.42. The lowest was -33.94. And the median was -15.13.

OSTO:2CUREX's EV-to-EBIT is ranked better than
80.89% of 429 companies
in the Biotechnology industry
Industry Median: 9.96 vs OSTO:2CUREX: 0.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. 2cureX AB's Enterprise Value for the quarter that ended in Sep. 2023 was kr38.93 Mil. 2cureX AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was kr-31.11 Mil. 2cureX AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -79.90%.


2cureX AB EV-to-EBIT Historical Data

The historical data trend for 2cureX 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.

2cureX AB EV-to-EBIT Chart

2cureX AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial -15.07 -14.65 -22.43 -9.86 -3.31

2cureX AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.92 -3.31 -2.77 -1.57 -1.25

Competitive Comparison of 2cureX AB's EV-to-EBIT

For the Biotechnology subindustry, 2cureX 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.


2cureX AB's EV-to-EBIT Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, 2cureX AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 2cureX AB's EV-to-EBIT falls into.



2cureX AB EV-to-EBIT Calculation

2cureX AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-11.908/-31.106
=0.38

2cureX AB's current Enterprise Value is kr-11.91 Mil.
2cureX AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-31.11 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.


2cureX AB  (OSTO:2CUREX) 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) %.

2cureX AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-31.106/38.929396
=-79.90 %

2cureX AB's Enterprise Value for the quarter that ended in Sep. 2023 was kr38.93 Mil.
2cureX AB's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-31.11 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.


2cureX AB EV-to-EBIT Related Terms

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2cureX AB (OSTO:2CUREX) Business Description

Traded in Other Exchanges
Address
Fruebjergvej 3, Copenhagen, DNK, DK-2100
2cureX AB is a biotech company. The company is engaged in improving treatment efficiency, mainly for cancer patients. It is involved in developing a product, namely IndiTreat, which is a technology for the treatment of colorectal, ovarian, and pancreatic cancers. The company's sub-products include IndiTreat Test, IndiTreat clinical programs, and IndiTreat Therapy Design.

2cureX AB (OSTO:2CUREX) Headlines

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