ETON (Eton Pharmaceuticals) Enterprise Value: $1,614.3 Mil (As of Aug. 15, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ETON Eton Pharmaceuticals Inc ETON
57 GF Score
Price $58.51
GF Value $19.98
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Eton Pharmaceuticals Enterprise Value?

Eton Pharmaceuticals ETON +44.55% 57 Enterprise Value is $1,614.3 Mil as of Aug. 15, 2026. GuruFocus rates ETON with a GF Score™ of 57/100 and a GF Value™ of $19.98 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Eton Pharmaceuticals's Enterprise Value is $1,614.3 Mil. Eton Pharmaceuticals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $16.3 Mil. Therefore, Eton Pharmaceuticals's EV-to-EBIT ratio for today is 98.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Eton Pharmaceuticals's Enterprise Value is $1,614.3 Mil. Eton Pharmaceuticals's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $20.9 Mil. Therefore, Eton Pharmaceuticals's EV-to-EBITDA ratio for today is 77.42.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Eton Pharmaceuticals's Enterprise Value is $1,614.3 Mil. Eton Pharmaceuticals's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was $105.6 Mil. Therefore, Eton Pharmaceuticals's EV-to-Revenue ratio for today is 15.29.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Eton Pharmaceuticals's Enterprise Value is $1,614.3 Mil. Eton Pharmaceuticals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $15.1 Mil. Therefore, Eton Pharmaceuticals's EV-to-OCF ratio for today is 106.66.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Eton Pharmaceuticals's Enterprise Value is $1,614.3 Mil. Eton Pharmaceuticals's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $0.1 Mil. Therefore, Eton Pharmaceuticals's EV-to-FCF ratio for today is 24,835.58.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Eton Pharmaceuticals  (NAS:ETON) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Eton Pharmaceuticals's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1614.313/16.309
=98.98

Eton Pharmaceuticals's current Enterprise Value is $1,614.3 Mil.
Eton Pharmaceuticals'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 $16.3 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Eton Pharmaceuticals's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1614.313/20.852
=77.42

Eton Pharmaceuticals's current Enterprise Value is $1,614.3 Mil.
Eton Pharmaceuticals's EBITDA 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 $20.9 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Eton Pharmaceuticals's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1614.313/105.595
=15.29

Eton Pharmaceuticals's current Enterprise Value is $1,614.3 Mil.
Eton Pharmaceuticals's Revenue 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 $105.6 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Eton Pharmaceuticals's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1614.313/15.135
=106.66

Eton Pharmaceuticals's current Enterprise Value is $1,614.3 Mil.
Eton Pharmaceuticals's Cash Flow from Operations 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 $15.1 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Eton Pharmaceuticals's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1614.313/0.065
=24,835.58

Eton Pharmaceuticals's current Enterprise Value is $1,614.3 Mil.
Eton Pharmaceuticals's Free Cash Flow 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 $0.1 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.


Eton Pharmaceuticals Enterprise Value Related Terms


Eton Pharmaceuticals Enterprise Value Historical Data

* Premium members only.

The historical data trend for Eton Pharmaceuticals's Enterprise Value 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.

Eton Pharmaceuticals Enterprise Value Chart

Eton Pharmaceuticals Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only 97.93 61.71 96.53 370.75 462.44

Eton Pharmaceuticals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value 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 387.45 576.48 462.44 686.77 1,189.03

ETON vs COLL, ALVO, PCRX: Enterprise Value Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Eton Pharmaceuticals's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Eton Pharmaceuticals Enterprise Value vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Eton Pharmaceuticals's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Eton Pharmaceuticals's Enterprise Value falls into.


ETON
57GF Score
Eton Pharmaceuticals Inc ETON
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eton Pharmaceuticals Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Eton Pharmaceuticals's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Eton Pharmaceuticals's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of $1,614.3 Mil mean?
Eton Pharmaceuticals (ETON) has a Enterprise Value of $1,614.3 Mil as of Aug. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Eton Pharmaceuticals and its competitors.
Is Eton Pharmaceuticals' Enterprise Value too high?
Eton Pharmaceuticals' current Enterprise Value is $1,614.3 Mil. Overall, Eton Pharmaceuticals has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eton Pharmaceuticals' Enterprise Value compare to COLL and ALVO?
Eton Pharmaceuticals' Enterprise Value of $1,614.3 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Drug Manufacturers company?
A good Enterprise Value depends on the Drug Manufacturers industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Eton Pharmaceuticals and its competitors. Eton Pharmaceuticals's current Enterprise Value is $1,614.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eton Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Eton Pharmaceuticals (ETON) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.98, compared to a current price of $58.51 — trading 192.8% above its estimated fair value. The current Enterprise Value is $1,614.3 Mil. Eton Pharmaceuticals' overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Eton Pharmaceuticals (ETON), the current Enterprise Value is $1,614.3 Mil as of Aug. 15, 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 Eton Pharmaceuticals (ETON) Overvalued in 2026?

Based on GuruFocus' analysis, Eton Pharmaceuticals stock appears to be overvalued. The current stock price of $58.51 is trading 192.8% above its estimated GF Value™ of $19.98. GuruFocus considers Eton Pharmaceuticals to be Significantly Overvalued.

Key valuation signals for ETON:

  • Enterprise Value: $1,614.3 Mil
  • GF Value™: $19.98 vs. price of $58.51 (192.8% above fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Eton Pharmaceuticals Business Description

Address 21925 West Field Parkway, Suite 235, Deer Park, IL, USA, 60010-7278
Eton Pharmaceuticals Inc is a United States based specialty pharmaceutical company. The company is engaged in developing and commercializing pharmaceutical products to fulfill an unmet patient need. It has eight commercial rare disease products, INCRELEX, ALKINDI SPRINKLE, KHINDIVITM, GALZIN, PKU GOLIKE, Carglumic Acid, Betaine Anhydrous and Nitisinone. It also has five additional product candidates in late-stage development: ET-600, Amglidia, ET-700, ET-800 and ZENEO hydrocortisone autoinjector.
57GF Score

Get the complete analysis for ETON

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

$58.51
Price
$19.98
GF Value