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Sorrento Therapeutics (FRA:8STN) EV-to-EBIT : -0.41 (As of Apr. 28, 2024)


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What is Sorrento Therapeutics EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sorrento Therapeutics's Enterprise Value is €210.84 Mil. Sorrento Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €-517.84 Mil. Therefore, Sorrento Therapeutics's EV-to-EBIT for today is -0.41.

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

FRA:8STN' s EV-to-EBIT Range Over the Past 10 Years
Min: -162.05   Med: -2.97   Max: 79.89
Current: -0.25

During the past 13 years, the highest EV-to-EBIT of Sorrento Therapeutics was 79.89. The lowest was -162.05. And the median was -2.97.

FRA:8STN's EV-to-EBIT is ranked worse than
100% of 443 companies
in the Biotechnology industry
Industry Median: 8.19 vs FRA:8STN: -0.25

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Sorrento Therapeutics's Enterprise Value for the quarter that ended in Jun. 2023 was €0.00 Mil. Sorrento Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €-517.84 Mil. Sorrento Therapeutics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.


Sorrento Therapeutics EV-to-EBIT Historical Data

The historical data trend for Sorrento 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.

* Premium members only.

Sorrento Therapeutics EV-to-EBIT Chart

Sorrento Therapeutics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.34 -2.43 -6.77 -3.48 -0.97

Sorrento Therapeutics Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -1.74 -1.51 -0.97 -0.48 -0.61

Competitive Comparison of Sorrento Therapeutics's EV-to-EBIT

For the Biotechnology subindustry, Sorrento 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.


Sorrento Therapeutics's EV-to-EBIT Distribution in the Biotechnology Industry

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

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



Sorrento Therapeutics EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=210.844/-517.841
=-0.41

Sorrento Therapeutics's current Enterprise Value is €210.84 Mil.
Sorrento Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-517.84 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.


Sorrento Therapeutics  (FRA:8STN) 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) %.

Sorrento Therapeutics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-517.841/0
= %

Sorrento Therapeutics's Enterprise Value for the quarter that ended in Jun. 2023 was €0.00 Mil.
Sorrento Therapeutics's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-517.84 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.


Sorrento Therapeutics EV-to-EBIT Related Terms

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Sorrento Therapeutics (FRA:8STN) Business Description

Traded in Other Exchanges
Address
4955 Directors Place, San Diego, CA, USA, 92121
Sorrento Therapeutics Inc is a clinical and commercial-stage biopharmaceutical company developing a portfolio of next-generation treatments for three major therapeutic areas: cancer, infectious disease, and pain. Its multimodal, multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), immuno-cellular therapies (DAR-T), antibody-drug conjugates (ADCs), and oncolytic virus (Seprehvec). Sorrento is also developing potential antiviral therapies and vaccines against coronaviruses, including COVI-AMG, COVIDROPS, COVISHIELD, FUJOVEE (Abivertinib), and OQORY (Covi-MSC), and diagnostic test solutions, including COVITRACK and COVIMARK.

Sorrento Therapeutics (FRA:8STN) Headlines

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