GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Observe Medical ASA (OSL:OBSRV) » Definitions » EV-to-EBIT

Observe Medical ASA (OSL:OBSRV) EV-to-EBIT : -2.05 (As of May. 22, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Observe Medical ASA EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Observe Medical ASA's Enterprise Value is kr126.09 Mil. Observe Medical ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was kr-61.53 Mil. Therefore, Observe Medical ASA's EV-to-EBIT for today is -2.05.

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

OSL:OBSRV' s EV-to-EBIT Range Over the Past 10 Years
Min: -23.83   Med: -9.57   Max: -1.22
Current: -2.05

During the past 8 years, the highest EV-to-EBIT of Observe Medical ASA was -1.22. The lowest was -23.83. And the median was -9.57.

OSL:OBSRV's EV-to-EBIT is ranked worse than
100% of 458 companies
in the Medical Devices & Instruments industry
Industry Median: 20.46 vs OSL:OBSRV: -2.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Observe Medical ASA's Enterprise Value for the quarter that ended in Jun. 2023 was kr117.99 Mil. Observe Medical ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was kr-61.53 Mil. Observe Medical ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -52.15%.


Observe Medical ASA EV-to-EBIT Historical Data

The historical data trend for Observe Medical 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.

* Premium members only.

Observe Medical ASA EV-to-EBIT Chart

Observe Medical ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial -13.07 -8.38 -16.98 -3.47 -1.93

Observe Medical ASA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 -4.09 -3.47 -2.45 -1.92 -

Competitive Comparison of Observe Medical ASA's EV-to-EBIT

For the Medical Devices subindustry, Observe Medical 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.


Observe Medical ASA's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Observe Medical ASA's EV-to-EBIT distribution charts can be found below:

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



Observe Medical ASA EV-to-EBIT Calculation

Observe Medical ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=126.094/-61.529
=-2.05

Observe Medical ASA's current Enterprise Value is kr126.09 Mil.
Observe Medical ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-61.53 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.


Observe Medical ASA  (OSL:OBSRV) 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) %.

Observe Medical ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-61.529/117.986358994
=-52.15 %

Observe Medical ASA's Enterprise Value for the quarter that ended in Jun. 2023 was kr117.99 Mil.
Observe Medical ASA's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-61.53 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.


Observe Medical ASA EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Observe Medical ASA's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Observe Medical ASA (OSL:OBSRV) Business Description

Traded in Other Exchanges
Address
Dronning Eufemias gate 16, Oslo, NOR, 0191
Observe Medical ASA through its subsidiaries develops medical technology products that benefit patients and healthcare professionals. It has developed the product Sippi which is an automatic and digital urine meter and the technology Sippcoat which prevents bacterial migration in closed collection systems.

Observe Medical ASA (OSL:OBSRV) Headlines

No Headlines