Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Intel Corp., EBITDA calculation
US$ in millions
Based on: 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), 10-K (reporting date: 2019-12-28).
| 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 2021 to 2022 and from 2022 to 2023. |
Enterprise Value to EBITDA Ratio, Current
Intel Corp., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in millions) | |
| Enterprise value (EV) | 173,543) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 11,242) |
| Valuation Ratio | |
| EV/EBITDA | 15.44 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Advanced Micro Devices Inc. | 59.68 |
| Analog Devices Inc. | 16.25 |
| Applied Materials Inc. | 18.82 |
| Broadcom Inc. | 29.38 |
| KLA Corp. | 20.06 |
| Lam Research Corp. | 20.57 |
| Micron Technology Inc. | 51.56 |
| NVIDIA Corp. | 57.45 |
| ON Semiconductor Corp. | 8.46 |
| Qualcomm Inc. | 18.51 |
| Texas Instruments Inc. | 17.02 |
| EV/EBITDA, Sector | |
| Semiconductors & Semiconductor Equipment | 44.23 |
| EV/EBITDA, Industry | |
| Information Technology | 28.49 |
Based on: 10-K (reporting date: 2023-12-30).
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
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Enterprise value (EV)1 | 213,159) | 132,074) | 205,348) | 242,716) | 308,724) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 11,242) | 21,299) | 34,092) | 37,946) | 35,373) | |
| Valuation Ratio | ||||||
| EV/EBITDA3 | 18.96 | 6.20 | 6.02 | 6.40 | 8.73 | |
| Benchmarks | ||||||
| EV/EBITDA, Competitors4 | ||||||
| Advanced Micro Devices Inc. | 65.81 | 22.63 | 34.19 | 62.10 | 82.59 | |
| Analog Devices Inc. | 15.56 | 16.23 | 38.55 | 23.61 | 18.67 | |
| Applied Materials Inc. | 15.75 | 11.04 | 17.54 | 16.82 | 14.60 | |
| Broadcom Inc. | 26.42 | 13.54 | 19.72 | 18.89 | 16.32 | |
| KLA Corp. | 15.67 | 14.97 | 19.26 | 18.10 | 14.14 | |
| Lam Research Corp. | 15.35 | 11.34 | 16.67 | 17.76 | 10.07 | |
| Micron Technology Inc. | 32.38 | 3.26 | 6.05 | 6.46 | 3.90 | |
| NVIDIA Corp. | 95.68 | 57.59 | 58.96 | 52.90 | 21.10 | |
| ON Semiconductor Corp. | 10.57 | 11.65 | 14.40 | 20.27 | 11.13 | |
| Qualcomm Inc. | 12.82 | 7.84 | 12.76 | 19.49 | 10.55 | |
| Texas Instruments Inc. | 16.36 | 14.69 | 15.54 | 21.75 | 17.73 | |
| EV/EBITDA, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 25.99 | 14.44 | 15.49 | 14.76 | 11.56 | |
| EV/EBITDA, Industry | ||||||
| Information Technology | 23.37 | 18.28 | 20.37 | 19.53 | 14.42 | |
Based on: 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), 10-K (reporting date: 2019-12-28).
3 2023 Calculation
EV/EBITDA = EV ÷ EBITDA
= 213,159 ÷ 11,242 = 18.96
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 2021 to 2022 and from 2022 to 2023. |