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Notable Labs (Notable Labs) EV-to-FCF : (As of May. 12, 2024)


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What is Notable Labs EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Notable Labs's Enterprise Value is $1.50 Mil. Notable Labs does not have enough years/quarters to calculate its Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Notable Labs's EV-to-FCF at this moment.

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

NTBL' s EV-to-FCF Range Over the Past 10 Years
Min: -3.03   Med: 0.34   Max: 0.48
Current: -0.11

During the past 3 years, the highest EV-to-FCF of Notable Labs was 0.48. The lowest was -3.03. And the median was 0.34.

NTBL's EV-to-FCF is ranked worse than
100% of 390 companies
in the Biotechnology industry
Industry Median: 6.365 vs NTBL: -0.11

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-12), Notable Labs's stock price is $1.25. Notable Labs does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Notable Labs's PE Ratio at this moment.

Notable Labs EV-to-FCF Historical Data

The historical data trend for Notable Labs's EV-to-FCF 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.

Notable Labs EV-to-FCF Chart

Notable Labs Annual Data
Trend Dec21 Dec22 Dec23
EV-to-FCF
- - -0.53

Notable Labs Semi-Annual Data
Dec21 Dec22 Dec23
EV-to-FCF - - -0.53

Competitive Comparison of Notable Labs's EV-to-FCF

For the Biotechnology subindustry, Notable Labs's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.

Notable Labs's EV-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Notable Labs's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Notable Labs's EV-to-FCF falls into.


Notable Labs EV-to-FCF Calculation

Notable Labs's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1.497/
=

Notable Labs  (NAS:NTBL) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Notable Labs's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.25/
=

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.

Notable Labs EV-to-FCF Related Terms

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Notable Labs (Notable Labs) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Notable Labs Ltd (NAS:NTBL) » Definitions » EV-to-FCF
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Traded in Other Exchanges
N/A
Address
320 Hatch Drive, Foster City, CA, USA, 94404
Website
https://notablelabs.com
Notable Labs Ltd is a clinical-stage platform therapeutics company developing predictive precision medicines for patients with cancer. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic.