Circio Holding ASA (LTS:0RIS) EV-to-EBIT: -51.23 (As of Aug. 21, 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.

LTS:0RIS Circio Holding ASA LTS:0RIS
23 GF Score
Price kr8.60
! 3 Warning Signs
View Full Analysis

What is Circio Holding ASA EV-to-EBIT?

Circio Holding ASA LTS:0RIS -5.45% 23 EV-to-EBIT is -51.23 as of Aug. 21, 2026. GuruFocus rates LTS:0RIS with a GF Score™ of 23/100. The stock has 3 warning signs investors should review. Among 373 Biotechnology companies, Circio Holding ASA ranks worse than 268096.25% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Circio Holding ASA's Enterprise Value is kr2,343.30 Mil. Circio Holding ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-45.74 Mil. Therefore, Circio Holding ASA's EV-to-EBIT for today is -51.23.

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

LTS:0RIS' s EV-to-EBIT Range Over the Past 10 Years
Min: -53.45   Med: -1.33   Max: -0.08
Current: -51.23

During the past 13 years, the highest EV-to-EBIT of Circio Holding ASA was -0.08. The lowest was -53.45. And the median was -1.33.

LTS:0RIS's EV-to-EBIT is ranked worse than
100% of 373 companies
in the Biotechnology industry
Industry Median: 15.29 vs LTS:0RIS: -51.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Circio Holding ASA's Enterprise Value for the quarter that ended in Dec. 2025 was kr192.67 Mil. Circio Holding ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-45.74 Mil. Circio Holding ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -23.74%.


Circio Holding ASA  (LTS:0RIS) 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) %.

Circio Holding ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-45.738/192.666150947
=-23.74 %

Circio Holding ASA's Enterprise Value for the quarter that ended in Dec. 2025 was kr192.67 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Circio Holding ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-45.74 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.


Circio Holding ASA EV-to-EBIT Related Terms


Circio Holding ASA EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Circio Holding ASA'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.

Circio Holding ASA EV-to-EBIT Chart

Circio Holding ASA 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 -3.10 -0.42 -1.30 0.85 -3.71

Circio Holding ASA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -1.30 0.00 0.85 0.00 -3.71

LTS:0RIS vs VRTX, REGN, RVMD: EV-to-EBIT Comparison

For the Biotechnology subindustry, Circio Holding ASA'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.


Circio Holding ASA EV-to-EBIT vs Biotechnology Industry

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

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


LTS:0RIS
23GF Score
Circio Holding ASA LTS:0RIS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Circio Holding ASA EV-to-EBIT Calculation

Circio Holding ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2343.303/-45.738
=-51.23

Circio Holding ASA's current Enterprise Value is kr2,343.30 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Circio Holding ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-45.74 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 -51.23 mean?
Circio Holding ASA (LTS:0RIS) has a EV-to-EBIT of -51.23 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Circio Holding ASA and its competitors. According to the industry distribution chart, Circio Holding ASA ranks #999999 out of 373 companies in the Biotechnology industry.
Is Circio Holding ASA's EV-to-EBIT too high?
Circio Holding ASA's current EV-to-EBIT is -51.23. Based on the distribution chart, Circio Holding ASA ranks #999999 out of 373 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Circio Holding ASA has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Circio Holding ASA's EV-to-EBIT compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Circio Holding ASA ranks #999999 out of 373 companies for EV-to-EBIT. This places Circio Holding ASA in the lower half of its industry. The industry median EV-to-EBIT is 15.29. 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 15.29, based on 373 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 Circio Holding ASA and its competitors. For the Biotechnology industry, the median EV-to-EBIT is 15.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circio Holding ASA's current EV-to-EBIT is -51.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circio Holding ASA stock overvalued right now?
Circio Holding ASA (LTS:0RIS) has a current EV-to-EBIT of -51.23. The current EV-to-EBIT is -51.23. Circio Holding ASA's overall GF Score™ is 23/100 with 3 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 Circio Holding ASA (LTS:0RIS), the current EV-to-EBIT is -51.23 as of Aug. 21, 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.

Circio Holding ASA Business Description

Other Exchanges CRNA:NorwayTA50:Germany
Address c/o Mesh Community AS, Tordenskiolds Gate 2, Oslo, NOR, 0160
Circio Holding ASA is a biotechnology company developing circular RNA expression technology for gene and cell therapy applications. It has developed a circular RNA (circRNA) vector expression platform known as circVec, which is based on modular genetic constructs designed for circRNA production within target cells. The platform is being developed for applications including genetic medicine, cell therapy, and chronic disease treatment. The company's activities also include the development of RNA, DNA, and viral therapeutic technologies related to gene expression and protein production.
23GF Score

Get the complete analysis for LTS:0RIS

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

kr8.60
Price