Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
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. | Anadarko Petroleum Corp. EBITDA decreased from 2014 to 2015 but then increased from 2015 to 2016 not reaching 2014 level. |
Enterprise Value to EBITDA Ratio, Current
Selected Financial Data (US$ in millions) | |
Enterprise value (EV) | 42,437) |
Earnings before interest, tax, depreciation and amortization (EBITDA) | 1,362) |
Valuation Ratio | |
EV/EBITDA | 31.16 |
Benchmarks | |
EV/EBITDA, Competitors1 | |
Chevron Corp. | 6.44 |
ConocoPhillips | 5.56 |
Exxon Mobil Corp. | 7.45 |
Marathon Petroleum Corp. | 3.99 |
Occidental Petroleum Corp. | 5.30 |
Valero Energy Corp. | 3.51 |
Based on: 10-K (reporting date: 2016-12-31).
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
Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||
Enterprise value (EV)1 | 52,747) | 38,042) | 53,609) | 54,057) | 54,164) | |
Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 1,362) | (4,261) | 5,376) | 6,719) | 8,271) | |
Valuation Ratio | ||||||
EV/EBITDA3 | 38.73 | — | 9.97 | 8.05 | 6.55 | |
Benchmarks | ||||||
EV/EBITDA, Competitors4 | ||||||
Chevron Corp. | — | — | — | — | — | |
ConocoPhillips | — | — | — | — | — | |
Exxon Mobil Corp. | — | — | — | — | — | |
Marathon Petroleum Corp. | — | — | — | — | — | |
Occidental Petroleum Corp. | — | — | — | — | — | |
Valero Energy Corp. | — | — | — | — | — |
Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
3 2016 Calculation
EV/EBITDA = EV ÷ EBITDA
= 52,747 ÷ 1,362 = 38.73
4 Click competitor name to see calculations.