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Oventus Medical (ASX:OVN) EV-to-EBIT : -0.09 (As of May. 22, 2024)


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What is Oventus Medical EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Oventus Medical's Enterprise Value is A$0.93 Mil. Oventus Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was A$-10.26 Mil. Therefore, Oventus Medical's EV-to-EBIT for today is -0.09.

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

ASX:OVN's EV-to-EBIT is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 20.46
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Oventus Medical's Enterprise Value for the quarter that ended in Dec. 2021 was A$17.12 Mil. Oventus Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was A$-10.26 Mil. Oventus Medical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2021 was -59.91%.


Oventus Medical EV-to-EBIT Historical Data

The historical data trend for Oventus Medical'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.

Oventus Medical EV-to-EBIT Chart

Oventus Medical Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21
EV-to-EBIT
-3.22 -3.99 -2.62 -3.63 -1.46

Oventus Medical Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -3.63 - -1.46 -

Competitive Comparison of Oventus Medical's EV-to-EBIT

For the Medical Devices subindustry, Oventus Medical'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.


Oventus Medical's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

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

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



Oventus Medical EV-to-EBIT Calculation

Oventus Medical's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.928/-10.259
=-0.09

Oventus Medical's current Enterprise Value is A$0.93 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Oventus Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was A$-10.26 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.


Oventus Medical  (ASX:OVN) 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) %.

Oventus Medical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2021 ) =EBIT / Enterprise Value (Q: Dec. 2021 )
=-10.259/17.124249
=-59.91 %

Oventus Medical's Enterprise Value for the quarter that ended in Dec. 2021 was A$17.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Oventus Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2021 was A$-10.26 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.


Oventus Medical EV-to-EBIT Related Terms

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Oventus Medical (ASX:OVN) Business Description

Traded in Other Exchanges
N/A
Address
1 Swann Road, Suite 1, PO Box 190, Indooroopilly, Brisbane, QLD, AUS, 4068
Oventus Medical Ltd is a medical device company. It is engaged in developing an oral appliance for the treatment of sleep apnoea and snoring. Its product includes O2Vent Optima . It offers oral appliance therapy, especially beneficial for the many people that suffer from nasal congestion, obstruction, and mouth breathing. The firm has two operating segments: Australia and North America.

Oventus Medical (ASX:OVN) Headlines

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