TNGX (Tango Therapeutics) EV-to-EBIT: -23.71 (As of Sep. 09, 2026)

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TNGX Tango Therapeutics Inc TNGX
54 GF Score
Price $25.00
GF Value $9.75
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tango Therapeutics EV-to-EBIT?

Tango Therapeutics TNGX +10.13% 54 EV-to-EBIT is -23.71 as of Sep. 09, 2026. GuruFocus rates TNGX with a GF Score™ of 54/100 and a GF Value™ of $9.75 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 365 Biotechnology companies, Tango Therapeutics ranks worse than 273972.33% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tango Therapeutics's Enterprise Value is $3,233.26 Mil. Tango Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-136.35 Mil. Therefore, Tango Therapeutics's EV-to-EBIT for today is -23.71.

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

TNGX' s EV-to-EBIT Range Over the Past 10 Years
Min: -35.49   Med: -3.87   Max: 1.25
Current: -23.71

During the past 6 years, the highest EV-to-EBIT of Tango Therapeutics was 1.25. The lowest was -35.49. And the median was -3.87.

TNGX's EV-to-EBIT is ranked worse than
100% of 365 companies
in the Biotechnology industry
Industry Median: 15.48 vs TNGX: -23.71

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tango Therapeutics's Enterprise Value for the quarter that ended in Jun. 2026 was $4,281.56 Mil. Tango Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $-136.35 Mil. Tango Therapeutics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -3.18%.


Tango Therapeutics  (NAS:TNGX) 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) %.

Tango Therapeutics'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 )
=-136.346/4281.5608
=-3.18 %

Tango Therapeutics's Enterprise Value for the quarter that ended in Jun. 2026 was $4,281.56 Mil.
Tango Therapeutics'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 $-136.35 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.


Tango Therapeutics EV-to-EBIT Related Terms


Tango Therapeutics EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tango Therapeutics'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.

Tango Therapeutics EV-to-EBIT Chart

Tango Therapeutics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial -8.16 -2.83 -6.25 -0.77 -8.04

Tango Therapeutics 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 -2.68 -7.42 -8.04 -22.71 -31.40

TNGX vs IDYA, LEGN, DNLI: EV-to-EBIT Comparison

For the Biotechnology subindustry, Tango Therapeutics'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.


Tango Therapeutics EV-to-EBIT vs Biotechnology Industry

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

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


TNGX
54GF Score
Tango Therapeutics Inc TNGX
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tango Therapeutics EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3233.261/-136.346
=-23.71

Tango Therapeutics's current Enterprise Value is $3,233.26 Mil.
Tango Therapeutics'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 $-136.35 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 -23.71 mean?
Tango Therapeutics (TNGX) has a EV-to-EBIT of -23.71 as of Sep. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tango Therapeutics and its competitors. According to the industry distribution chart, Tango Therapeutics ranks #999999 out of 365 companies in the Biotechnology industry.
Is Tango Therapeutics' EV-to-EBIT too high?
Tango Therapeutics' current EV-to-EBIT is -23.71. Based on the distribution chart, Tango Therapeutics ranks #999999 out of 365 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Tango Therapeutics has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tango Therapeutics' EV-to-EBIT compare to IDYA and LEGN?
According to the Biotechnology industry distribution chart, Tango Therapeutics ranks #999999 out of 365 companies for EV-to-EBIT. This places Tango Therapeutics in the lower half of its industry. The industry median EV-to-EBIT is 15.48. 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 15.48, based on 365 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 Tango Therapeutics and its competitors. For the Biotechnology industry, the median EV-to-EBIT is 15.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tango Therapeutics's current EV-to-EBIT is -23.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tango Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Tango Therapeutics (TNGX) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.75, compared to a current price of $25.00 — trading 156.4% above its estimated fair value. The current EV-to-EBIT is -23.71. Tango Therapeutics' overall GF Score™ is 54/100 with 4 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 Tango Therapeutics (TNGX), the current EV-to-EBIT is -23.71 as of Sep. 09, 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 Tango Therapeutics (TNGX) Overvalued in 2026?

Based on GuruFocus' analysis, Tango Therapeutics stock appears to be overvalued. The current stock price of $25.00 is trading 156.4% above its estimated GF Value™ of $9.75. GuruFocus considers Tango Therapeutics to be Significantly Overvalued.

Key valuation signals for TNGX:

  • EV-to-EBIT: -23.71
  • GF Value™: $9.75 vs. price of $25.00 (156.4% above fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Tango Therapeutics Business Description

Address 201 Brookline Avenue, Suite 901, Boston, MA, USA, 02215
Tango Therapeutics Inc is a biotechnology company. It is dedicated to discovering novel drug targets and delivering the next generation of precision medicine for the treatment of cancer. It is engaged in the business of discovering and developing precision oncology therapies. It is currently developing two MTA-cooperative PRMT5 inhibitors; TNG462 for non-CNS cancers, including pancreatic and lung cancer, and TNG456, a next-generation, brain-penetrant PRMT5 inhibitor, for CNS cancers, including GBM. Its pipeline products are PRMT5 and CoREST.
54GF Score

Get the complete analysis for TNGX

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

$25.00
Price
$9.75
GF Value