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, WAVE Life Sciences's Enterprise Value is $401.6 Mil.
WAVE Life Sciences's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-68.0 Mil. Therefore, WAVE Life Sciences's EV-to-EBIT ratio for today is -5.91.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, WAVE Life Sciences's Enterprise Value is $401.6 Mil.
WAVE Life Sciences's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-58.8 Mil. Therefore, WAVE Life Sciences's EV-to-EBITDA ratio for today is -6.83.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, WAVE Life Sciences's Enterprise Value is $401.6 Mil.
WAVE Life Sciences's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $113.3 Mil. Therefore, WAVE Life Sciences's EV-to-Revenue ratio for today is 3.54.
WAVE Life Sciences Enterprise Value Historical Data
The historical data trend for WAVE Life Sciences'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.
Competitive Comparison of WAVE Life Sciences's Enterprise Value
For the Biotechnology subindustry, WAVE Life Sciences'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.
WAVE Life Sciences's Enterprise Value Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, WAVE Life Sciences's Enterprise Value distribution charts can be found below:
* The bar in red indicates where WAVE Life Sciences's Enterprise Value falls into.
WAVE Life Sciences 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.
WAVE Life Sciences's Enterprise Value for the fiscal year that ended in Dec. 2023 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.
WAVE Life Sciences (NAS:WVE) 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.
WAVE Life Sciences's current Enterprise Value is $401.6 Mil.
WAVE Life Sciences's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-68.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
WAVE Life Sciences's current Enterprise Value is $401.6 Mil.
WAVE Life Sciences's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-58.8 Mil.
WAVE Life Sciences's current Enterprise Value is $401.6 Mil.
WAVE Life Sciences's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $113.3 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.
WAVE Life Sciences Enterprise Value Related Terms
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WAVE Life Sciences (WAVE Life Sciences) Business Description
WAVE Life Sciences Ltd is a clinical-stage RNA medicines company committed to delivering life-changing treatments for people battling devastating diseases. Wave aspires to develop best-in-class medicines across multiple therapeutic modalities using PRISM, the company's proprietary discovery and drug development platform that enables the precise design, optimization, and production of stereopure oligonucleotides. Driven by a resolute sense of urgency, the Wave team is targeting a broad range of genetically defined diseases so that patients and families may realize a brighter future.
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