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Skye Bioscience Inc
NASDAQ:SKYE

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Skye Bioscience Inc
NASDAQ:SKYE
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Price: 0.7834 USD -0.71%
Market Cap: $26.1m

EV/EBITDA

0
Current
101%
Cheaper
vs 3-y average of -1.3

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
0
=
Enterprise Value
$-2.8m
/
EBITDA
$-57.4m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
0
=
Enterprise Value
$-2.8m
/
EBITDA
$-57.4m

Valuation Scenarios

Skye Bioscience Inc is trading below its industry average

If EV/EBITDA returns to its Industry Average (13.3), the stock would be worth $1 440.87 (183 825% upside from current price).

Statistics
Positive Scenarios
2/2
Maximum Downside
No Downside Scenarios
Maximum Upside
+198 429%
Average Upside
191 127%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 0 $0.78
0%
Industry Average 13.3 $1 440.87
+183 825%
Country Average 14.4 $1 555.28
+198 429%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
Skye Bioscience Inc
NASDAQ:SKYE
26.1m USD 0 -0.5
FR
Pharnext SCA
OTC:PNEXF
6T USD -194 446.1 -160 127.7
US
Abbvie Inc
NYSE:ABBV
360.1B USD 14.3 85.9
US
Amgen Inc
NASDAQ:AMGN
188.7B USD 13.9 23.9
US
Gilead Sciences Inc
NASDAQ:GILD
168.6B USD 12.2 19.4
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
111.5B USD 21 28
US
Epizyme Inc
F:EPE
94.1B EUR -581 -533.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
79.2B USD 12.8 17.3
NL
argenx SE
XBRU:ARGX
43.8B EUR 41.7 38.6
AU
CSL Ltd
ASX:CSL
66.3B AUD 10.9 32.1
US
Seagen Inc
F:SGT
39.3B EUR -66.6 -61.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Skye Bioscience Inc
NASDAQ:SKYE
Average EV/EBITDA: 15.8
0
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -194 446.1 N/A N/A
US
Abbvie Inc
NYSE:ABBV
14.3
12%
1.2
US
Amgen Inc
NASDAQ:AMGN
13.9
10%
1.4
US
Gilead Sciences Inc
NASDAQ:GILD
12.2
9%
1.4
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
21
18%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -581 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
12.8
17%
0.8
NL
argenx SE
XBRU:ARGX
41.7
49%
0.9
AU
CSL Ltd
ASX:CSL
10.9
7%
1.6
US
S
Seagen Inc
F:SGT
Negative Multiple: -66.6 N/A N/A
P/E Multiple
Earnings Growth PEG
US
Skye Bioscience Inc
NASDAQ:SKYE
Average P/E: 35
Negative Multiple: -0.5
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
85.9
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.9
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19.4
16%
1.2
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
28
19%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.3
14%
1.2
NL
argenx SE
XBRU:ARGX
38.6
30%
1.3
AU
CSL Ltd
ASX:CSL
32.1
9%
3.6
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 9 875 companies
0th percentile
0
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Skye Bioscience Inc
Glance View

Market Cap
26.1m USD
Industry
Biotechnology

Skye Bioscience, Inc. is a biopharmaceutical company, which engages in the discovery, development and commercialization of cannabinoid-based therapeutics. The company is headquartered in San Diego, California and currently employs 9 full-time employees. The company went IPO on 2014-02-24. The Company’s products programs include THCVHS and CBDVHS. The firm's lead candidate, THCVHS, is a prodrug of tetrahydrocannabinol (THC), is a topical formulation under development for the treatment of glaucoma and ocular hypertension (OHT). The company chemically modifies THC to create a unique synthetic molecule with the intent to realize the known positive effects of THC. Its molecule enables enhanced local delivery in the eye, reduced systemic side effects, and the potential for neuroprotection for the treatment of ocular diseases. CBDVHS is a proprietary analog of cannabidiol (CBD) that has demonstrated biological activity that is both pharmacologically and therapeutically distinct from CBD in various preclinical models.

SKYE Intrinsic Value
0.7958 USD
Undervaluation 2%
Intrinsic Value
Price $0.7834
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