Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
DuPont de Nemours Inc., EBITDA calculation
US$ in millions
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
| 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. | DuPont de Nemours Inc. EBITDA increased from 2017 to 2018 but then decreased significantly from 2018 to 2019. |
Enterprise Value to EBITDA Ratio, Current
DuPont de Nemours Inc., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in millions) | |
| Enterprise value (EV) | 55,738) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 3,389) |
| Valuation Ratio | |
| EV/EBITDA | 16.45 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Linde plc | 19.13 |
| EV/EBITDA, Industry | |
| Materials | 31.06 |
Based on: 10-K (reporting date: 2019-12-31).
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
DuPont de Nemours Inc., historical EV/EBITDA calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Enterprise value (EV)1 | 55,738) | 67,539) | 77,054) | 40,369) | 30,575) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 3,389) | 12,915) | 6,244) | 8,133) | 13,397) | |
| Valuation Ratio | ||||||
| EV/EBITDA3 | 16.45 | 5.23 | 12.34 | 4.96 | 2.28 | |
| Benchmarks | ||||||
| EV/EBITDA, Competitors4 | ||||||
| Linde plc | 15.17 | — | — | — | — | |
| EV/EBITDA, Industry | ||||||
| Materials | 14.98 | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
3 2019 Calculation
EV/EBITDA = EV ÷ EBITDA
= 55,738 ÷ 3,389 = 16.45
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. | DuPont de Nemours Inc. EV/EBITDA ratio decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level. |