PolyPid (FRA:2PV) EBIT: €-28.78 Mil (TTM As of Mar. 2026)

What is PolyPid EBIT?

PolyPid FRA:2PV -9.43% 14 EBIT is €-28.78 Mil as of Mar. 2026. GuruFocus rates FRA:2PV with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

PolyPid's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-6.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €-28.78 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PolyPid's annualized ROC % for the quarter that ended in Mar. 2026 was -351.11%. PolyPid's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -480.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PolyPid's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -41.22%.

PolyPid (FRA:2PV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

PolyPid's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-26.848 * ( 1 - 0% )	/	( (7.888	+	7.405)	/ 2 )
=	-26.848	/	7.6465
=	-351.11 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	19.05	-	4.767	-	( 11.045	-	max(0, 6.609	-	13.004	+	11.045	))
=	7.888

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	16.573	-	4.401	-	( 9.436	-	max(0, 6.097	-	10.864	+	9.436	))
=	7.405

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

PolyPid's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-26.848	/	( ( (5.781 + max(-2.815, 0))	+	(5.39 + max(-2.974, 0)) )	/	2 )
=	-26.848	/	( ( 5.781	+	5.39 )	/	2 )
=	-26.848	/	5.5855
=	-480.67 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.945	+	1.014)	-	(4.767	+	0	+	0.0069999999999997)
=	-2.815

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0.957	+	0.471)	-	(4.401	+	0	+	0.0010000000000003)
=	-2.974

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

PolyPid's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-28.776	/	69.803
	=	-41.22 %

* 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.

PolyPid EBIT Related Terms

PolyPid EBIT Historical Data

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The historical data trend for PolyPid's EBIT can be seen below:

PolyPid EBIT Chart

PolyPid Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-37.70

-36.71

-20.34

-26.23

-28.43

PolyPid Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															-7.01	-8.15	-6.35	-7.56	-6.71

FRA:2PV vs LONA, ANIX, SGMO: EBIT Comparison

For the Biotechnology subindustry, PolyPid'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.

PolyPid EV-to-EBIT vs Biotechnology Industry

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

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

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PolyPid Ltd FRA:2PV

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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PolyPid EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-28.78 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €-28.78 Mil mean?

PolyPid (FRA:2PV) has a EBIT of €-28.78 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PolyPid.

Is PolyPid's EBIT too high?

PolyPid's current EBIT is €-28.78 Mil. Overall, PolyPid has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.

How does PolyPid's EBIT compare to LONA and ANIX?

PolyPid's EBIT of €-28.78 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Biotechnology company?

A good EBIT depends on the Biotechnology industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PolyPid. PolyPid's current EBIT is €-28.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PolyPid stock overvalued right now?

PolyPid (FRA:2PV) has a current EBIT of €-28.78 Mil. The current EBIT is €-28.78 Mil. PolyPid's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For PolyPid (FRA:2PV), the current EBIT is €-28.78 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PolyPid Business Description

Industry Healthcare Biotechnology

Comparable Companies LONA ANIX SGMO OKYO ICCC AARD NRXS TELO PTHS CUE VRTX REGN XBRU:UCB XBRU:ARGX XKRX:207940 ALNY RVMD ASX:CSL ONC XKRX:068270

Other Exchanges PYPD:USA

Address 18 Hasivim Street, Petach Tikva, ISR, 495376

Website https://www.polypid.com

PolyPid Ltd is a clinical-stage biopharmaceutical company engaged in the research and development of products based on PLEX (Polymer-Lipid Encapsulation MatriX), the company's proprietary drug delivery technology. PLEX is capable of encapsulating many types of drugs to enable targeted, localized drug delivery into the body over extended periods of time with pre-determined release rates thus optimizing drug treatment regimens. BonyPid, PolyPid, Opzifend, Ssisurg, Elyfssi, Baczenssi, Opzifend and Bacyssio are trademarks of the company. The company's product candidate include D-PLEX100 for prevention of SSI in soft tissue and OncoPLEX which can be a potential Intra-tumoral therapy.

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