Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Based on: 10-K (reporting date: 2023-08-26), 10-K (reporting date: 2022-08-27), 10-K (reporting date: 2021-08-28), 10-K (reporting date: 2020-08-29), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-25).
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. | AutoZone Inc. EBITDA increased from 2021 to 2022 and from 2022 to 2023. |
Enterprise Value to EBITDA Ratio, Current
Selected Financial Data (US$ in thousands) | |
Enterprise value (EV) | 54,277,015) |
Earnings before interest, tax, depreciation and amortization (EBITDA) | 3,983,617) |
Valuation Ratio | |
EV/EBITDA | 13.63 |
Benchmarks | |
EV/EBITDA, Competitors1 | |
Amazon.com Inc. | 24.27 |
Home Depot Inc. | 16.97 |
Lowe’s Cos. Inc. | 13.49 |
TJX Cos. Inc. | 18.21 |
EV/EBITDA, Sector | |
Consumer Discretionary Distribution & Retail | 21.64 |
EV/EBITDA, Industry | |
Consumer Discretionary | 21.36 |
Based on: 10-K (reporting date: 2023-08-26).
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
Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | Aug 31, 2019 | Aug 25, 2018 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Enterprise value (EV)1 | 50,372,161) | 51,816,412) | 42,513,078) | 30,608,029) | 32,538,131) | 23,495,797) | |
Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 3,983,617) | 3,719,000) | 3,357,627) | 2,820,834) | 2,593,490) | 2,161,576) | |
Valuation Ratio | |||||||
EV/EBITDA3 | 12.64 | 13.93 | 12.66 | 10.85 | 12.55 | 10.87 | |
Benchmarks | |||||||
EV/EBITDA, Competitors4 | |||||||
Amazon.com Inc. | 19.88 | 28.04 | 21.27 | 32.24 | 26.57 | — | |
Home Depot Inc. | 12.29 | 14.08 | 16.53 | 12.34 | 13.36 | — | |
Lowe’s Cos. Inc. | 11.98 | 12.43 | 14.41 | 8.98 | 18.22 | — | |
TJX Cos. Inc. | 15.36 | 13.00 | 65.35 | 10.33 | 12.61 | — | |
EV/EBITDA, Sector | |||||||
Consumer Discretionary Distribution & Retail | 17.44 | 20.13 | 20.16 | 24.23 | 21.23 | — | |
EV/EBITDA, Industry | |||||||
Consumer Discretionary | 17.94 | 19.55 | 21.16 | 29.01 | 17.75 | — |
Based on: 10-K (reporting date: 2023-08-26), 10-K (reporting date: 2022-08-27), 10-K (reporting date: 2021-08-28), 10-K (reporting date: 2020-08-29), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-25).
3 2023 Calculation
EV/EBITDA = EV ÷ EBITDA
= 50,372,161 ÷ 3,983,617 = 12.64
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. | AutoZone Inc. EV/EBITDA ratio increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |