MBIO (Mustang Bio) EV-to-EBIT: 3.70 (As of Sep. 04, 2026) — 330% Above Median

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MBIO Mustang Bio Inc MBIO
30 GF Score
Price $0.56
! 2 Warning Signs
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What is Mustang Bio EV-to-EBIT?

Mustang Bio MBIO +3.47% 30 EV-to-EBIT is 3.70 as of Sep. 04, 2026, which is 330% above its 10-year median of 0.86. GuruFocus rates MBIO with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 368 Biotechnology companies, Mustang Bio ranks better than 70.38% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mustang Bio's Enterprise Value is $-13.02 Mil. Mustang Bio's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-3.52 Mil. Therefore, Mustang Bio's EV-to-EBIT for today is 3.70.

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

MBIO' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.84   Med: 0.86   Max: 3.74
Current: 3.7

During the past 11 years, the highest EV-to-EBIT of Mustang Bio was 3.74. The lowest was -3.84. And the median was 0.86.

MBIO's EV-to-EBIT is ranked better than
70.38% of 368 companies
in the Biotechnology industry
Industry Median: 15.545 vs MBIO: 3.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mustang Bio's Enterprise Value for the quarter that ended in Jun. 2026 was $-9.83 Mil. Mustang Bio's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-3.52 Mil. Mustang Bio's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 35.83%.


Mustang Bio  (NAS:MBIO) 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) %.

Mustang Bio'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 )
=-3.522/-9.830244
=35.83 %

Mustang Bio's Enterprise Value for the quarter that ended in Jun. 2026 was $-9.83 Mil.
Mustang Bio's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.52 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.


Mustang Bio EV-to-EBIT Related Terms


Mustang Bio EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Mustang Bio'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.

Mustang Bio EV-to-EBIT Chart

Mustang Bio 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 -1.77 -0.19 -1.29 -0.82 4.16

Mustang Bio Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 3.30 4.54 4.16 3.32 2.79

MBIO vs TCRT, REVB, GRI: EV-to-EBIT Comparison

For the Biotechnology subindustry, Mustang Bio'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.


Mustang Bio EV-to-EBIT vs Biotechnology Industry

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

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


MBIO
30GF Score
Mustang Bio Inc MBIO
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Mustang Bio EV-to-EBIT Calculation

Mustang Bio's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-13.023/-3.522
=3.70

Mustang Bio's current Enterprise Value is $-13.02 Mil.
Mustang Bio's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.52 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 3.70 mean?
Mustang Bio (MBIO) has a EV-to-EBIT of 3.70 as of Sep. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Mustang Bio and its competitors. This is 330% above median its historical median of 0.86. According to the industry distribution chart, Mustang Bio ranks #109 out of 368 companies in the Biotechnology industry, placing it in the top 29.6%.
Is Mustang Bio's EV-to-EBIT too high?
Mustang Bio's current EV-to-EBIT of 3.70 is 330% above median its 10-year median of 0.86. The Biotechnology industry median EV-to-EBIT is 15.55. Mustang Bio's value of 3.70 is 76.2% below this industry median. Based on the distribution chart, Mustang Bio ranks #109 out of 368 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Mustang Bio has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mustang Bio's EV-to-EBIT compare to TCRT and REVB?
According to the Biotechnology industry distribution chart, Mustang Bio ranks #109 out of 368 companies for EV-to-EBIT. This puts Mustang Bio in the upper half of its industry. The industry median EV-to-EBIT is 15.55. Mustang Bio's value of 3.70 is 76.2% below this benchmark. While the company's 10-year median is 0.86 vs. the industry median of 15.55, Mustang Bio has consistently been below the industry average. 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 15.55, based on 368 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. Mustang Bio's current EV-to-EBIT of 3.70 is 76.2% below the industry median. 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 Mustang Bio and its competitors. For the Biotechnology industry, the median EV-to-EBIT is 15.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mustang Bio's current EV-to-EBIT is 3.70, which is 330% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mustang Bio stock overvalued right now?
Mustang Bio (MBIO) has a current EV-to-EBIT of 3.70. The current EV-to-EBIT is 3.70, which is 330% above median its 10-year median of 0.86 and 76.2% below the Biotechnology industry median of 15.55. Mustang Bio's overall GF Score™ is 30/100 with 2 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 Mustang Bio (MBIO), the current EV-to-EBIT is 3.70 as of Sep. 04, 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.

Mustang Bio Business Description

Address 95 Sawyer Road, Suite 110, Waltham, MA, USA, 02453
Mustang Bio Inc is a clinical-stage biopharmaceutical company focused on translating today's medical breakthroughs into potential cures for difficult-to-treat cancers. It acquires rights to these technologies by licensing or otherwise acquiring an ownership interest in the technologies, funding their research and development, and eventually either out-licensing or bringing the technologies to market. Its pipeline is currently focused on the core areas of gene therapies for rare genetic disorders, chimeric antigen receptor (CAR) engineered T cell (CAR T) therapies for hematologic malignancies, and CAR T therapies for solid tumors.
30GF Score

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