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Nova Eye Medical (Nova Eye Medical) EV-to-Revenue : 3.52 (As of May. 22, 2024)


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What is Nova Eye Medical EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Nova Eye Medical's enterprise value is $44.28 Mil. Nova Eye Medical's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $12.58 Mil. Therefore, Nova Eye Medical's EV-to-Revenue for today is 3.52.

The historical rank and industry rank for Nova Eye Medical's EV-to-Revenue or its related term are showing as below:

ELXMF' s EV-to-Revenue Range Over the Past 10 Years
Min: -3.86   Med: 1.13   Max: 3.88
Current: 2.73

During the past 13 years, the highest EV-to-Revenue of Nova Eye Medical was 3.88. The lowest was -3.86. And the median was 1.13.

ELXMF's EV-to-Revenue is ranked worse than
51.2% of 830 companies
in the Medical Devices & Instruments industry
Industry Median: 3.265 vs ELXMF: 2.73

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-05-22), Nova Eye Medical's stock price is $0.10. Nova Eye Medical's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $0.07. Therefore, Nova Eye Medical's PS Ratio for today is 1.45.


Nova Eye Medical EV-to-Revenue Historical Data

The historical data trend for Nova Eye Medical's EV-to-Revenue 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.

Nova Eye Medical EV-to-Revenue Chart

Nova Eye Medical Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.42 2.38 1.53 2.62

Nova Eye Medical Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-Revenue 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 - 1.53 - 2.62 -

Competitive Comparison of Nova Eye Medical's EV-to-Revenue

For the Medical Devices subindustry, Nova Eye Medical's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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.


Nova Eye Medical's EV-to-Revenue Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nova Eye Medical's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nova Eye Medical's EV-to-Revenue falls into.



Nova Eye Medical EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Nova Eye Medical's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=44.284/12.581
=3.52

Nova Eye Medical's current Enterprise Value is $44.28 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nova Eye Medical's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $12.58 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.


Nova Eye Medical  (OTCPK:ELXMF) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Nova Eye Medical's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=0.10/0.069
=1.45

Nova Eye Medical's share price for today is $0.10.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. {COMPANY->company}'s Revenue per Sharefor the trailing twelve months (TTM) ended in Dec. 2023 was $0.07.

* 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.


Nova Eye Medical EV-to-Revenue Related Terms

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


Nova Eye Medical (Nova Eye Medical) Business Description

Traded in Other Exchanges
Address
107 Rundle Street, Kent Town, Adelaide, SA, AUS, 5067
Nova Eye Medical Ltd is a medical technology company that develops, manufactures and sells a portfolio of proprietary ophthalmic treatment technologies and devices. Used by eye surgeons globally, these technologies include iTrack minimally invasive glaucoma surgery (MIGS), a consumable surgical device that restores the eye's natural outflow pathway to lower pressure inside the eye and to eliminate patient reliance on anti-glaucoma medications for mild-moderate glaucoma. The company's operating segment include AlphaRET and Glaucoma Surgical Devices, it generates maximum revenue from Glaucoma Surgical Devices. Geographically, it derives a majority of revenue from the United States of America.

Nova Eye Medical (Nova Eye Medical) Headlines