Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Autodesk Inc., EBITDA calculation
US$ in millions
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
| Item | Description | The company |
|---|---|---|
| EBITDA | To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. | Autodesk Inc. EBITDA increased from 2022 to 2023 and from 2023 to 2024. |
Enterprise Value to EBITDA Ratio, Current
Autodesk Inc., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in millions) | |
| Enterprise value (EV) | 65,656) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 1,249) |
| Valuation Ratio | |
| EV/EBITDA | 52.57 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Accenture PLC | 19.48 |
| Adobe Inc. | 27.71 |
| Cadence Design Systems Inc. | 55.82 |
| CrowdStrike Holdings Inc. | 285.55 |
| International Business Machines Corp. | 16.15 |
| Intuit Inc. | 39.84 |
| Microsoft Corp. | 23.38 |
| Oracle Corp. | 27.81 |
| Palo Alto Networks Inc. | 97.46 |
| Salesforce Inc. | 33.33 |
| ServiceNow Inc. | 129.96 |
| Synopsys Inc. | 51.91 |
| EV/EBITDA, Sector | |
| Software & Services | 31.69 |
| EV/EBITDA, Industry | |
| Information Technology | 36.39 |
Based on: 10-K (reporting date: 2024-01-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
Autodesk Inc., historical EV/EBITDA calculation, comparison to benchmarks
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Enterprise value (EV)1 | 47,049) | 42,998) | 41,870) | 57,203) | 33,000) | 35,094) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 1,249) | 1,167) | 778) | 722) | 476) | 105) | |
| Valuation Ratio | |||||||
| EV/EBITDA3 | 37.67 | 36.84 | 53.83 | 79.27 | 69.31 | 335.51 | |
| Benchmarks | |||||||
| EV/EBITDA, Competitors4 | |||||||
| Accenture PLC | 19.87 | 17.26 | 14.25 | 23.31 | 17.46 | 15.60 | |
| Adobe Inc. | — | 34.07 | 22.32 | 35.44 | 43.06 | 41.16 | |
| Cadence Design Systems Inc. | — | 55.61 | 42.11 | 39.61 | 45.75 | 31.64 | |
| CrowdStrike Holdings Inc. | 262.20 | — | — | — | — | — | |
| International Business Machines Corp. | — | 14.41 | 22.17 | 12.53 | 12.28 | 10.23 | |
| Intuit Inc. | 38.55 | 38.71 | 36.22 | 51.96 | 35.70 | 34.27 | |
| Microsoft Corp. | 23.66 | 22.92 | 20.17 | 24.59 | 21.74 | 17.21 | |
| Oracle Corp. | 21.81 | 21.80 | 17.12 | 13.78 | 11.54 | 11.83 | |
| Palo Alto Networks Inc. | 84.17 | 85.08 | 515.16 | — | 349.95 | 117.16 | |
| Salesforce Inc. | 31.74 | 38.42 | 38.91 | 33.92 | 49.78 | 56.71 | |
| ServiceNow Inc. | — | 96.48 | 104.30 | 147.45 | 220.91 | 187.17 | |
| Synopsys Inc. | — | 54.59 | 36.73 | 53.43 | 42.24 | 26.98 | |
| EV/EBITDA, Sector | |||||||
| Software & Services | — | 24.84 | 22.25 | 25.32 | 22.51 | 18.25 | |
| EV/EBITDA, Industry | |||||||
| Information Technology | — | 23.65 | 18.58 | 20.64 | 19.71 | 14.59 | |
Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31).
3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 47,049 ÷ 1,249 = 37.67
4 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| EV/EBITDA | Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. | Autodesk Inc. EV/EBITDA ratio decreased from 2022 to 2023 but then slightly increased from 2023 to 2024. |