Anika Therapeutics, Inc.
2.08xPrice / tangible book
Market cap
$278.50M
Tangible equity
$133.76M
Price / tangible book
2.08x
Price / book
1.94x
Return on equity
-7.6%
Return on assets
-5.7%
Efficiency ratio
—
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
ANIK · current priceP/TBV 2.08x
$20.81Latest market snapshot
Implied fair value · at MTB's multiple
$16.7719.4% below market
9.99 ANIK TBV / share×1.68x MTB P/TBV=$16.77
Market $20.81Implied $16.77
MTB · current priceP/TBV 1.68x
$239.84Latest market snapshot
Implied fair value · at ANIK's multiple
$297.6824.1% above market
142.98 MTB TBV / share×2.08x ANIK P/TBV=$297.68
Market $239.84Implied $297.68