Marinomed Biotech AG banner
M

Marinomed Biotech AG
VSE:MARI

Watchlist Manager
Marinomed Biotech AG
VSE:MARI
Watchlist
Price: 13.7 EUR
Market Cap: €31.5m

EV/EBIT

2.7
Current
120%
Cheaper
vs 3-y average of -14

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

EV/EBIT
2.7
=
Enterprise Value
€30.2m
/
EBIT
€13.4m

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

EV/EBIT
2.7
=
Enterprise Value
€30.2m
/
EBIT
€13.4m

Valuation Scenarios

Marinomed Biotech AG is trading below its country average

If EV/EBIT returns to its Country Average (11.9), the stock would be worth €59.43 (334% upside from current price).

Statistics
Positive Scenarios
1/1
Maximum Downside
No Downside Scenarios
Maximum Upside
+334%
Average Upside
334%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 2.7 €13.7
0%
Country Average 11.9 €59.43
+334%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€30.2m
/
Jul 2025
€13.4m
=
2.7
Current
€30.2m
/
Dec 2025
€18.6m
=
1.6
Forward
€30.2m
/
Dec 2026
€2.9m
=
10.4
Forward
€30.2m
/
Dec 2027
€4.4m
=
6.9
Forward
€30.2m
/
Dec 2028
€2.1m
=
14.2
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
AT
Marinomed Biotech AG
VSE:MARI
31.5m EUR 2.7 4.6
US
Eli Lilly and Co
NYSE:LLY
867B USD 30.3 42
US
Johnson & Johnson
NYSE:JNJ
555.4B USD 21.6 26.4
CH
Roche Holding AG
SIX:ROG
248.4B CHF 13.4 20.1
UK
AstraZeneca PLC
LSE:AZN
224.8B GBP 22.2 28.5
CH
Novartis AG
SIX:NOVN
221.8B CHF 15.7 19.8
US
Merck & Co Inc
NYSE:MRK
283.6B USD 11.8 15.5
IE
Endo International PLC
LSE:0Y5F
244.4B USD 970 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK 9.2 10.7
US
Pfizer Inc
NYSE:PFE
151.6B USD 10 19.5
US
Bristol-Myers Squibb Co
NYSE:BMY
118.8B USD 8.9 16.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AT
M
Marinomed Biotech AG
VSE:MARI
Average EV/EBIT: 101.5
2.7
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
30.3
22%
1.4
US
Johnson & Johnson
NYSE:JNJ
21.6
13%
1.7
CH
Roche Holding AG
SIX:ROG
13.4
6%
2.2
UK
AstraZeneca PLC
LSE:AZN
22.2
21%
1.1
CH
Novartis AG
SIX:NOVN
15.7
9%
1.7
US
Merck & Co Inc
NYSE:MRK
11.8
6%
2
IE
E
Endo International PLC
LSE:0Y5F
970
N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
9.2
2%
4.6
US
Pfizer Inc
NYSE:PFE
10
-4%
N/A
US
Bristol-Myers Squibb Co
NYSE:BMY
8.9
-6%
N/A
P/E Multiple
Earnings Growth PEG
AT
M
Marinomed Biotech AG
VSE:MARI
Average P/E: 20.4
4.6
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
42
32%
1.3
US
Johnson & Johnson
NYSE:JNJ
26.4
8%
3.3
CH
Roche Holding AG
SIX:ROG
20.1
14%
1.4
UK
AstraZeneca PLC
LSE:AZN
28.5
25%
1.1
CH
Novartis AG
SIX:NOVN
19.8
14%
1.4
US
Merck & Co Inc
NYSE:MRK
15.5
14%
1.1
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -83.6 N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
10.7
0%
N/A
US
Pfizer Inc
NYSE:PFE
19.5
22%
0.9
US
Bristol-Myers Squibb Co
NYSE:BMY
16.8
16%
1.1

Market Distribution

Lower than 96% of companies in Austria
Percentile
4rd
Based on 323 companies
4rd percentile
2.7
Low
0.1 — 9.3
Typical Range
9.3 — 18.8
High
18.8 —
Distribution Statistics
Austria
Min 0.1
30th Percentile 9.3
Median 11.9
70th Percentile 18.8
Max 6 998.6

Marinomed Biotech AG
Glance View

Market Cap
31.5m EUR
Industry
Pharmaceuticals

Marinomed Biotech AG is a biopharmaceutical company, which engages in the development of therapies based on patent protected technology platforms. The company is headquartered in Korneuburg, Niederoesterreich and currently employs 43 full-time employees. The company went IPO on 2019-02-01. The firm develops antiviral and immunological therapies such as nasal sprays using the respiratory disease antiviral technology platform, Marinosolv and the Carragelose platform. With the Marinosolv technology platform, it is possible to improve the effectiveness of poorly soluble active ingredients. This technology has the potential to change some therapies in the field of allergy and autoimmune diseases. The Carragelose platform is already used in six different products against viral infections of the respiratory tract. The firm also offers products for the treatment of influenza, combination products for asthmatics, and others. The firm also develops treatments for type I allergies and autoimmune diseases. The firm is a spin-off from the University of Veterinary Medicine, Vienna.

MARI Intrinsic Value
22.34 EUR
Undervaluation 39%
Intrinsic Value
Price €13.7
M
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett