Iconovo AB (OSTO:ICO) EV-to-EBIT: -1.19 (As of Jul. 27, 2026)

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OSTO:ICO Iconovo AB OSTO:ICO
37 GF Score
Price kr0.95
GF Value kr0.26
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Iconovo AB EV-to-EBIT?

Iconovo AB OSTO:ICO -1.66% 37 EV-to-EBIT is -1.19 as of Jul. 27, 2026. GuruFocus rates OSTO:ICO with a GF Score™ of 37/100 and a GF Value™ of kr0.26 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Iconovo AB ranks worse than 214592.06% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Iconovo AB's Enterprise Value is kr47.62 Mil. Iconovo AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr-39.87 Mil. Therefore, Iconovo AB's EV-to-EBIT for today is -1.19.

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

OSTO:ICO' s EV-to-EBIT Range Over the Past 10 Years
Min: -178.48   Med: -13.18   Max: 588.48
Current: -1.19

During the past 10 years, the highest EV-to-EBIT of Iconovo AB was 588.48. The lowest was -178.48. And the median was -13.18.

OSTO:ICO's EV-to-EBIT is ranked worse than
100% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 18.395 vs OSTO:ICO: -1.19

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Iconovo AB's Enterprise Value for the quarter that ended in Mar. 2026 was kr66.56 Mil. Iconovo AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was kr-39.87 Mil. Iconovo AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -59.90%.


Iconovo AB  (OSTO:ICO) 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) %.

Iconovo AB'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 )
=-39.869/66.56194
=-59.90 %

Iconovo AB's Enterprise Value for the quarter that ended in Mar. 2026 was kr66.56 Mil.
Iconovo AB'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 kr-39.87 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.


Iconovo AB EV-to-EBIT Related Terms


Iconovo AB EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Iconovo AB'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.

Iconovo AB EV-to-EBIT Chart

Iconovo AB 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 -22.41 -8.99 -2.75 -1.75 -1.33

Iconovo AB 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 -1.18 -1.63 -2.37 -1.33 -1.67

OSTO:ICO vs ABT, SYK, MDT: EV-to-EBIT Comparison

For the Medical Devices subindustry, Iconovo AB'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.


Iconovo AB EV-to-EBIT vs Medical Devices & Instruments Industry

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

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


OSTO:ICO
37GF Score
Iconovo AB OSTO:ICO
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iconovo AB EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=47.616/-39.869
=-1.19

Iconovo AB's current Enterprise Value is kr47.62 Mil.
Iconovo AB'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 kr-39.87 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 -1.19 mean?
Iconovo AB (OSTO:ICO) has a EV-to-EBIT of -1.19 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Iconovo AB and its competitors. According to the industry distribution chart, Iconovo AB ranks #999999 out of 466 companies in the Medical Devices & Instruments industry.
Is Iconovo AB's EV-to-EBIT too high?
Iconovo AB's current EV-to-EBIT is -1.19. Based on the distribution chart, Iconovo AB ranks #999999 out of 466 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Iconovo AB has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iconovo AB's EV-to-EBIT compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Iconovo AB ranks #999999 out of 466 companies for EV-to-EBIT. This places Iconovo AB in the lower half of its industry. The industry median EV-to-EBIT is 18.40. 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 Medical Devices & Instruments company?
The median EV-to-EBIT among Medical Devices & Instruments companies is 18.40, based on 466 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 Iconovo AB and its competitors. For the Medical Devices & Instruments industry, the median EV-to-EBIT is 18.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iconovo AB's current EV-to-EBIT is -1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iconovo AB stock overvalued right now?
Based on GuruFocus' analysis, Iconovo AB (OSTO:ICO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.26, compared to a current price of kr0.95 — trading 264.6% above its estimated fair value. The current EV-to-EBIT is -1.19. Iconovo AB's overall GF Score™ is 37/100 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 Iconovo AB (OSTO:ICO), the current EV-to-EBIT is -1.19 as of Jul. 27, 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 Iconovo AB (OSTO:ICO) Overvalued in 2026?

Based on GuruFocus' analysis, Iconovo AB stock appears to be overvalued. The current stock price of kr0.95 is trading 264.6% above its estimated GF Value™ of kr0.26. GuruFocus considers Iconovo AB to be Significantly Overvalued.

Key valuation signals for OSTO:ICO:

  • EV-to-EBIT: -1.19
  • GF Value™: kr0.26 vs. price of kr0.95 (264.6% above fair value)
  • GF Score™: 37/100 with 5 warning signs

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


Iconovo AB Business Description

Address Ideongatan 3 A-B, Delta 6, Lund, SWE, SE-223 62
Iconovo AB develops new inhaled medicinal products in collaboration with international pharmaceutical companies. The company provides several types of patent-protected inhalers that can generate commercial opportunities in the development of novel pharmaceuticals and vaccines and at patent expirations for established pharmaceuticals. The project is a generic version of the asthma and COPD product Symbicort.
37GF Score

Get the complete analysis for OSTO:ICO

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

kr0.95
Price
kr0.26
GF Value