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OncoCyte (LTS:0KCC) EV-to-EBIT : -2.06 (As of Apr. 26, 2024)


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What is OncoCyte EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, OncoCyte's Enterprise Value is $25.98 Mil. OncoCyte's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.61 Mil. Therefore, OncoCyte's EV-to-EBIT for today is -2.06.

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

LTS:0KCC' s EV-to-EBIT Range Over the Past 10 Years
Min: -27.11   Med: -3.58   Max: -0.25
Current: -2.06

During the past 11 years, the highest EV-to-EBIT of OncoCyte was -0.25. The lowest was -27.11. And the median was -3.58.

LTS:0KCC's EV-to-EBIT is ranked worse than
100% of 107 companies
in the Medical Diagnostics & Research industry
Industry Median: 20.23 vs LTS:0KCC: -2.06

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. OncoCyte's Enterprise Value for the quarter that ended in Dec. 2023 was $675.78 Mil. OncoCyte's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.61 Mil. OncoCyte's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.87%.


OncoCyte EV-to-EBIT Historical Data

The historical data trend for OncoCyte'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.

OncoCyte EV-to-EBIT Chart

OncoCyte Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.03 -5.37 -3.27 -1.14 -0.57

OncoCyte Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.14 -6.80 -7.60 -16.73 -0.57

Competitive Comparison of OncoCyte's EV-to-EBIT

For the Diagnostics & Research subindustry, OncoCyte'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.


OncoCyte's EV-to-EBIT Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, OncoCyte's EV-to-EBIT distribution charts can be found below:

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



OncoCyte EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25.982/-12.61
=-2.06

OncoCyte's current Enterprise Value is $25.98 Mil.
OncoCyte'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 $-12.61 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.


OncoCyte  (LTS:0KCC) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-12.61/675.775776
=-1.87 %

OncoCyte's Enterprise Value for the quarter that ended in Dec. 2023 was $675.78 Mil.
OncoCyte'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 $-12.61 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.


OncoCyte EV-to-EBIT Related Terms

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


OncoCyte (LTS:0KCC) Business Description

Traded in Other Exchanges
Address
15 Cushing, Irvine, CA, USA, 92618
OncoCyte Corp focuses on the discovery, development, and commercialization of novel, non-invasive, liquid biopsy diagnostics for the early detection of cancer. The company develops diagnostic tests based on liquid biopsies using blood or urine samples for detecting lung, bladder, and breast cancers. In addition, it also develops screening diagnostics as potential replacements for screening imaging procedures that do not meet the needs of patients, health care providers or payers. Geographically operation of the group is carried through the United States.

OncoCyte (LTS:0KCC) Headlines

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