MNOV (MediciNova) EV-to-EBIT: -2.96 (As of Jul. 25, 2026)

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MNOV MediciNova Inc MNOV
30 GF Score
Price $1.33
! 2 Warning Signs
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What is MediciNova EV-to-EBIT?

MediciNova MNOV +0.76% 30 EV-to-EBIT is -2.96 as of Jul. 25, 2026. GuruFocus rates MNOV with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 376 Biotechnology companies, MediciNova ranks worse than 265957.18% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MediciNova's Enterprise Value is $38.23 Mil. MediciNova's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-12.92 Mil. Therefore, MediciNova's EV-to-EBIT for today is -2.96.

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

MNOV' s EV-to-EBIT Range Over the Past 10 Years
Min: -14.67   Med: -3.43   Max: -1.21
Current: -2.96

During the past 13 years, the highest EV-to-EBIT of MediciNova was -1.21. The lowest was -14.67. And the median was -3.43.

MNOV's EV-to-EBIT is ranked worse than
100% of 376 companies
in the Biotechnology industry
Industry Median: 12.945 vs MNOV: -2.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MediciNova's Enterprise Value for the quarter that ended in Mar. 2026 was $40.27 Mil. MediciNova's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-12.92 Mil. MediciNova's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -32.07%.


MediciNova  (NAS:MNOV) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-12.916/40.26877
=-32.07 %

MediciNova's Enterprise Value for the quarter that ended in Mar. 2026 was $40.27 Mil.
MediciNova's 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 $-12.92 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.


MediciNova EV-to-EBIT Related Terms


MediciNova EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for MediciNova'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.

MediciNova EV-to-EBIT Chart

MediciNova 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 -5.89 -2.89 -2.30 -4.96 -2.55

MediciNova Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.76 -2.28 -2.24 -2.55 -3.12

MNOV vs TCRX, PMVP, BSEM: EV-to-EBIT Comparison

For the Biotechnology subindustry, MediciNova'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.


MediciNova EV-to-EBIT vs Biotechnology Industry

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

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


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

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=38.226/-12.916
=-2.96

MediciNova's current Enterprise Value is $38.23 Mil.
MediciNova's 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 $-12.92 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 -2.96 mean?
MediciNova (MNOV) has a EV-to-EBIT of -2.96 as of Jul. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MediciNova and its competitors. According to the industry distribution chart, MediciNova ranks #999999 out of 376 companies in the Biotechnology industry.
Is MediciNova's EV-to-EBIT too high?
MediciNova's current EV-to-EBIT is -2.96. Based on the distribution chart, MediciNova ranks #999999 out of 376 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, MediciNova has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does MediciNova's EV-to-EBIT compare to TCRX and PMVP?
According to the Biotechnology industry distribution chart, MediciNova ranks #999999 out of 376 companies for EV-to-EBIT. This places MediciNova in the lower half of its industry. The industry median EV-to-EBIT is 12.95. 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 12.95, based on 376 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 MediciNova and its competitors. For the Biotechnology industry, the median EV-to-EBIT is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MediciNova's current EV-to-EBIT is -2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MediciNova stock overvalued right now?
MediciNova (MNOV) has a current EV-to-EBIT of -2.96. The current EV-to-EBIT is -2.96. MediciNova'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 MediciNova (MNOV), the current EV-to-EBIT is -2.96 as of Jul. 25, 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.

MediciNova Business Description

Other Exchanges 4875:Japan
Address 4275 Executive Square, Suite 300, La Jolla, CA, USA, 92037
MediciNova Inc is a biopharmaceutical company developing novel therapeutics for the treatment of serious diseases with unmet medical needs and a commercial focus on the United States (U.S.) market. It is currently focused on developing MN-166 (ibudilast) for neurological and other disorders such as progressive multiple sclerosis (MS), amyotrophic lateral sclerosis (ALS), chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, glioblastoma, and prevention of acute respiratory distress syndrome (ARDS); and MN-001 (tipelukast) for fibrotic and other metabolic disorders such as nonalcoholic fatty liver disease (NAFLD), and hypertriglyceridemia.
30GF Score

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

$1.33
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