Biotechnology Assets (XMAD:BST) Enterprise Value: €20.19 Mil (As of Jun. 27, 2026) ***


XMAD:BST Biotechnology Assets SA XMAD:BST
19 GF Score
Price €0.23
GF Value €0.30
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Biotechnology Assets Enterprise Value?

Biotechnology Assets XMAD:BST -4.24% 19 Enterprise Value is €20.19 Mil as of Jun. 27, 2026. GuruFocus rates XMAD:BST with a GF Score™ of 19/100 and a GF Value™ of €0.30 (Modestly Undervalued). 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, Biotechnology Assets's Enterprise Value is €20.19 Mil. Biotechnology Assets's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.46 Mil. Therefore, Biotechnology Assets's EV-to-EBIT ratio for today is -13.81.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Biotechnology Assets's Enterprise Value is €20.19 Mil. Biotechnology Assets's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €0.56 Mil. Therefore, Biotechnology Assets's EV-to-EBITDA ratio for today is 36.37.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Biotechnology Assets's Enterprise Value is €20.19 Mil. Biotechnology Assets's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €3.09 Mil. Therefore, Biotechnology Assets's EV-to-Revenue ratio for today is 6.53.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Biotechnology Assets's Enterprise Value is €20.19 Mil. Biotechnology Assets's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.01 Mil. Therefore, Biotechnology Assets's EV-to-OCF ratio for today is -1,552.92.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Biotechnology Assets's Enterprise Value is €20.19 Mil. Biotechnology Assets's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.36 Mil. Therefore, Biotechnology Assets's EV-to-FCF ratio for today is -56.71.

*** 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.


Biotechnology Assets  (XMAD:BST) 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.

Biotechnology Assets's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=20.188/-1.462
=-13.81

Biotechnology Assets's current Enterprise Value is €20.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Biotechnology Assets's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.46 Mil.

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

Biotechnology Assets's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=20.188/0.555
=36.37

Biotechnology Assets's current Enterprise Value is €20.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Biotechnology Assets's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €0.56 Mil.

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

Biotechnology Assets's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=20.188/3.091
=6.53

Biotechnology Assets's current Enterprise Value is €20.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Biotechnology Assets's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €3.09 Mil.

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

Biotechnology Assets's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=20.188/-0.013
=-1,552.92

Biotechnology Assets's current Enterprise Value is €20.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Biotechnology Assets's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.01 Mil.

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

Biotechnology Assets's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=20.188/-0.356
=-56.71

Biotechnology Assets's current Enterprise Value is €20.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Biotechnology Assets's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.36 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.


Biotechnology Assets Enterprise Value Related Terms


Biotechnology Assets Enterprise Value Historical Data

* Premium members only.

The historical data trend for Biotechnology Assets'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.

Biotechnology Assets Enterprise Value Chart

Biotechnology Assets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.66 23.29 29.48 23.41 17.66

Biotechnology Assets Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 29.48 22.86 23.41 33.41 17.66

XMAD:BST vs VRTX, REGN, ALNY: Enterprise Value Comparison

For the Biotechnology subindustry, Biotechnology Assets'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.


Biotechnology Assets Enterprise Value vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Biotechnology Assets's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Biotechnology Assets's Enterprise Value falls into.


XMAD:BST
19GF Score
Biotechnology Assets SA XMAD:BST
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Biotechnology Assets 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.

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

Biotechnology Assets's Enterprise Value for the quarter that ended in Dec. 2025 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 €20.19 Mil mean?
Biotechnology Assets (XMAD:BST) has a Enterprise Value of €20.19 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Biotechnology Assets and its competitors.
Is Biotechnology Assets' Enterprise Value too high?
Biotechnology Assets' current Enterprise Value is €20.19 Mil. Overall, Biotechnology Assets has a GF Score™ of 19/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Biotechnology Assets' Enterprise Value compare to VRTX and REGN?
Biotechnology Assets' Enterprise Value of €20.19 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Enterprise Value depends on the Biotechnology 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 Biotechnology Assets and its competitors. Biotechnology Assets's current Enterprise Value is €20.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biotechnology Assets stock overvalued right now?
Based on GuruFocus' analysis, Biotechnology Assets (XMAD:BST) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.30, compared to a current price of €0.23 — trading 24.7% below its estimated fair value. The current Enterprise Value is €20.19 Mil. Biotechnology Assets' overall GF Score™ is 19/100 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 Biotechnology Assets (XMAD:BST), the current Enterprise Value is €20.19 Mil as of Jun. 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 Biotechnology Assets (XMAD:BST) Overvalued in 2026?

Based on GuruFocus' analysis, Biotechnology Assets stock appears to be undervalued. The current stock price of €0.23 is trading 24.7% below its estimated GF Value™ of €0.30. GuruFocus considers Biotechnology Assets to be Modestly Undervalued.

Key valuation signals for XMAD:BST:

  • Enterprise Value: €20.19 Mil
  • GF Value™: €0.30 vs. price of €0.23 (24.7% below fair value)
  • GF Score™: 19/100 with 3 warning signs

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


Biotechnology Assets Business Description

Address Avenida del Desarrollo Tecnologico, No. 11, Scientific and Technological Park, Jerez de la Frontera, ESP, 11591
Biotechnology Assets SA is a clinical-stage biopharmaceutical company developing and producing biological products for the pharmaceutical and veterinarian sectors. It specializes in the prevention and treatment of niche diseases, such as orphan disease, antigens for new-generation vaccines, feed additives, and probiotics. Adl Bionatur offers a portfolio of non-therapeutic and therapeutic products to tier 1 and tier 2 animal health companies. The company's pipeline products include BNT006, BNT007, BNT010, and others.
19GF Score

Get the complete analysis for XMAD:BST

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

€0.23
Price
€0.30
GF Value