Formycon AG (CHIX:FYBD) EV-to-EBIT: -4.68 (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:FYBD Formycon AG CHIX:FYBD
68 GF Score
Price €63.30
GF Value €103.70
! 5 Warning Signs
View Full Analysis

What is Formycon AG EV-to-EBIT?

Formycon AG CHIX:FYBD 68 EV-to-EBIT is -4.68 as of Aug. 29, 2026. GuruFocus rates CHIX:FYBD with a GF Score™ of 68/100 and a GF Value™ of €103.70. The stock has 5 warning signs investors should review. Among 380 Biotechnology companies, Formycon AG ranks worse than 263157.63% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Formycon AG's Enterprise Value is €314.56 Mil. Formycon AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €-67.21 Mil. Therefore, Formycon AG's EV-to-EBIT for today is -4.68.

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

CHIX:FYBd' s EV-to-EBIT Range Over the Past 10 Years
Min: -266.69   Med: -20.75   Max: 325.54
Current: -4.69

During the past 13 years, the highest EV-to-EBIT of Formycon AG was 325.54. The lowest was -266.69. And the median was -20.75.

CHIX:FYBd's EV-to-EBIT is ranked worse than
100% of 380 companies
in the Biotechnology industry
Industry Median: 15.99 vs CHIX:FYBd: -4.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Formycon AG's Enterprise Value for the quarter that ended in Jun. 2026 was €1,075.38 Mil. Formycon AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €-67.21 Mil. Formycon AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -6.25%.


Formycon AG  (CHIX:FYBd) 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) %.

Formycon AG's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=-67.207/1075.3849
=-6.25 %

Formycon AG's Enterprise Value for the quarter that ended in Jun. 2026 was €1,075.38 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Formycon AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €-67.21 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.


Formycon AG EV-to-EBIT Related Terms


Formycon AG EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Formycon AG'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.

Formycon AG EV-to-EBIT Chart

Formycon AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.67 36.17 11.47 -6.33 -4.50

Formycon AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 -6.33 0.00 -4.50 0.00

CHIX:FYBD vs VRTX, REGN, RVMD: EV-to-EBIT Comparison

For the Biotechnology subindustry, Formycon AG'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.


Formycon AG EV-to-EBIT vs Biotechnology Industry

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

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


CHIX:FYBD
68GF Score
Formycon AG CHIX:FYBD
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formycon AG EV-to-EBIT Calculation

Formycon AG's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=314.561/-67.207
=-4.68

Formycon AG's current Enterprise Value is €314.56 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Formycon AG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €-67.21 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -4.68 mean?
Formycon AG (CHIX:FYBD) has a EV-to-EBIT of -4.68 as of Aug. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Formycon AG and its competitors. According to the industry distribution chart, Formycon AG ranks #999999 out of 380 companies in the Biotechnology industry.
Is Formycon AG's EV-to-EBIT too high?
Formycon AG's current EV-to-EBIT is -4.68. Based on the distribution chart, Formycon AG ranks #999999 out of 380 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Formycon AG has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Formycon AG's EV-to-EBIT compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Formycon AG ranks #999999 out of 380 companies for EV-to-EBIT. This places Formycon AG in the lower half of its industry. The industry median EV-to-EBIT is 15.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Biotechnology company?
The median EV-to-EBIT among Biotechnology companies is 15.99, based on 380 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Formycon AG and its competitors. For the Biotechnology industry, the median EV-to-EBIT is 15.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formycon AG's current EV-to-EBIT is -4.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formycon AG stock overvalued right now?
Formycon AG (CHIX:FYBD) has a current EV-to-EBIT of -4.68. The stock's GF Value™ is €103.70, compared to a current price of €63.30 — trading 39% below its estimated fair value. The current EV-to-EBIT is -4.68. Formycon AG's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Formycon AG (CHIX:FYBD), the current EV-to-EBIT is -4.68 as of Aug. 29, 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.

Is Formycon AG (CHIX:FYBD) Overvalued in 2026?

Based on GuruFocus' analysis, Formycon AG stock appears to be undervalued. The current stock price of €63.30 is trading 39% below its estimated GF Value™ of €103.70.

Key valuation signals for CHIX:FYBD:

  • EV-to-EBIT: -4.68
  • GF Value™: €103.70 vs. price of €63.30 (39% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the CHIX:FYBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formycon AG Business Description

Address Fraunhoferstrasse 15, Martinsried, Planegg, BY, DEU, 82152
Formycon AG is an independent developer of high-quality biosimilars, which are follow-on products to biopharmaceutical drugs. The Company focuses on expanding and further developing its scalable biosimilar platform, which includes approved and pipeline products across ophthalmology, immunology, and immuno-oncology. Its key products include FYB201 (ranibizumab), FYB202 (ustekinumab), FYB203 (aflibercept), FYB206 (pembrolizumab), and FYB208 (dupilumab), along with additional biosimilar candidates in various stages of development. The Company generates maximum revenue from Switzerland.
68GF Score

Get the complete analysis for CHIX:FYBD

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€63.30
Price
€103.70
GF Value