Stock Analysis on Net

Intel Corp. (NASDAQ:INTC)

Enterprise Value to EBITDA (EV/EBITDA)

Microsoft Excel

Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)

Intel Corp., EBITDA calculation

US$ in millions

Microsoft Excel
12 months ended: Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Net income (loss) attributable to Intel (18,756) 1,689 8,014 19,868 20,899
Add: Net income attributable to noncontrolling interest (477) (14) 3
Add: Income tax expense 8,023 (913) (249) 1,835 4,179
Earnings before tax (EBT) (11,210) 762 7,768 21,703 25,078
Add: Interest expense 1,034 878 496 597 629
Earnings before interest and tax (EBIT) (10,176) 1,640 8,264 22,300 25,707
Add: Depreciation 9,951 7,847 11,128 9,953 10,482
Add: Amortization of intangibles 1,428 1,755 1,907 1,839 1,757
Earnings before interest, tax, depreciation and amortization (EBITDA) 1,203 11,242 21,299 34,092 37,946

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

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. Intel Corp. EBITDA decreased from 2022 to 2023 and from 2023 to 2024.

Enterprise Value to EBITDA Ratio, Current

Intel Corp., current EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Selected Financial Data (US$ in millions)
Enterprise value (EV) 135,120
Earnings before interest, tax, depreciation and amortization (EBITDA) 1,203
Valuation Ratio
EV/EBITDA 112.32
Benchmarks
EV/EBITDA, Competitors1
Advanced Micro Devices Inc. 33.83
Analog Devices Inc. 26.08
Applied Materials Inc. 13.56
Broadcom Inc. 37.74
KLA Corp. 24.57
Lam Research Corp. 19.75
Micron Technology Inc. 11.31
Monolithic Power Systems Inc. 45.75
NVIDIA Corp. 31.82
Qualcomm Inc. 13.86
Texas Instruments Inc. 23.07
EV/EBITDA, Sector
Semiconductors & Semiconductor Equipment 41.31
EV/EBITDA, Industry
Information Technology 28.47

Based on: 10-K (reporting date: 2024-12-28).

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

Intel Corp., historical EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Dec 28, 2024 Dec 30, 2023 Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Selected Financial Data (US$ in millions)
Enterprise value (EV)1 117,843 213,159 132,074 205,348 242,716
Earnings before interest, tax, depreciation and amortization (EBITDA)2 1,203 11,242 21,299 34,092 37,946
Valuation Ratio
EV/EBITDA3 97.96 18.96 6.20 6.02 6.40
Benchmarks
EV/EBITDA, Competitors4
Advanced Micro Devices Inc. 34.40 65.81 22.63 34.19 62.10
Analog Devices Inc. 27.10 15.56 16.23 38.55 23.61
Applied Materials Inc. 15.31 15.75 11.04 17.54 16.82
Broadcom Inc. 45.78 26.42 13.54 19.72 18.89
KLA Corp. 24.77 15.67 14.97 19.26 18.10
Lam Research Corp. 20.93 15.36 11.36 16.94 18.35
Micron Technology Inc. 12.40 32.38 3.26 6.05 6.46
Monolithic Power Systems Inc. 44.06 62.08 39.34 68.91 90.99
NVIDIA Corp. 46.95 95.69 57.58 58.98 52.92
Qualcomm Inc. 15.19 12.82 7.84 12.76 19.49
Texas Instruments Inc. 22.89 16.36 14.69 15.54 21.75
EV/EBITDA, Sector
Semiconductors & Semiconductor Equipment 34.03 26.77 14.62 15.67 14.89
EV/EBITDA, Industry
Information Technology 27.60 23.59 18.31 20.49 19.71

Based on: 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26).

1 See details »

2 See details »

3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 117,843 ÷ 1,203 = 97.96

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. Intel Corp. EV/EBITDA ratio increased from 2022 to 2023 and from 2023 to 2024.