Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
PepsiCo Inc., EBITDA calculation
US$ in millions
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. | PepsiCo Inc. EBITDA increased from 2022 to 2023 and from 2023 to 2024. |
Enterprise Value to EBITDA Ratio, Current
PepsiCo Inc., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in millions) | |
| Enterprise value (EV) | 239,661) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 16,712) |
| Valuation Ratio | |
| EV/EBITDA | 14.34 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Coca-Cola Co. | 21.25 |
| Mondelēz International Inc. | 12.26 |
| Philip Morris International Inc. | 19.83 |
| EV/EBITDA, Sector | |
| Food, Beverage & Tobacco | 17.87 |
| EV/EBITDA, Industry | |
| Consumer Staples | 22.21 |
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
PepsiCo Inc., historical EV/EBITDA calculation, comparison to benchmarks
| 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 | 231,967) | 264,687) | 271,808) | 267,386) | 220,903) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 16,712) | 15,802) | 14,587) | 14,519) | 12,869) | |
| Valuation Ratio | ||||||
| EV/EBITDA3 | 13.88 | 16.75 | 18.63 | 18.42 | 17.17 | |
| Benchmarks | ||||||
| EV/EBITDA, Competitors4 | ||||||
| Coca-Cola Co. | — | 18.69 | 20.83 | 19.52 | 19.66 | |
| Mondelēz International Inc. | 11.48 | 14.65 | 21.64 | 15.62 | 15.14 | |
| Philip Morris International Inc. | 19.14 | 13.66 | 14.78 | 13.64 | 12.59 | |
| EV/EBITDA, Sector | ||||||
| Food, Beverage & Tobacco | — | 16.21 | 18.49 | 17.05 | 16.29 | |
| EV/EBITDA, Industry | ||||||
| Consumer Staples | — | 16.39 | 16.42 | 15.65 | 14.89 | |
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).
3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 231,967 ÷ 16,712 = 13.88
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. | PepsiCo Inc. EV/EBITDA ratio decreased from 2022 to 2023 and from 2023 to 2024. |