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Affymax Inc (OTCPK:AFFY)
EV/EBIT
0.16 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Affymax Inc's enterprise value is $-2.37 Mil. Affymax Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was $-15.02 Mil. Therefore, Affymax Inc's EV/EBIT ratio for today is 0.16.

AFFY' s 10-Year EV/EBIT Range
Min: -12.9   Max: 3.5
Current: 0.16

-12.9
3.5

During the past 13 years, the highest EV/EBIT Ratio of Affymax Inc was 3.50. The lowest was -12.90. And the median was -1.60.

AFFY's EV/EBITis ranked higher than
99% of the 235 Companies
in the Global Biotechnology industry.

( Industry Median: 26.88 vs. AFFY: 0.16 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Affymax Inc's enterprise value for the quarter that ended in Jun. 2014 was $3.82 Mil. Affymax Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was $-15.02 Mil. Affymax Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was -392.71%.


Definition

Affymax Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=-2.373/-15.017
=0.16

Affymax Inc's current Enterprise Value is $-2.37 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Affymax Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was $-15.02 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

Affymax Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2014 )
=-15.017/3.82398
=-392.71 %

Affymax Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $3.82 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Affymax Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2014 was $-15.02 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Affymax Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.003.21-4.49-0.68-5.64-5.18-2.25-6.96-1.57

Affymax Inc Semi-Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Jun14
ev2ebit 0.003.21-4.49-0.68-5.64-5.18-2.25-6.96-1.57-0.08
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